NEW PM@SIEMENS KNOWLEDGE
TEST QUESTIONS AND CORRECT
ANSWERS
Question : Project
CORRECT ANSWER : Planned, coordinated, controlled
tasks undertaken to achieve a unique & clearly defined objective. Has a start & end date.
Question : Siemens Project Management Plan - (S)PMP
CORRECT ANSWER : Set up in Sales phase. Includes
WBS, Schedule, Budget, Cash Flow Plan. Integrates communication rules, documentation rules, project reporting plan, meeting schedule, quality plan, etc. This is an input to the Project Manager (Target) Agreement
Question : Time - Cost - Scope Triangle (Functionality /
Quality)
CORRECT ANSWER : (Scope & Time) Fast & High
Quality = Expensive (Scope & Cost) Cost Effective & High Quality = Takes Time (Cost & Time) Quick & Cheap = Low Quality /Reduced Functionality
Question : SMART Targets
CORRECT ANSWER : Used for forming project goals.
Specific, Measurable, Achievable, Realistic, Time-bound
Question : Project Manager (Target) Agreement
CORRECT ANSWER : Documents mutually agreed upon
(w/ Business Mgr.) results expected, plus responsibilities, authorizations, and resources available to PM. - Completed & Signed @ PM100, no later than PM200 - Valid until PM650 - Includes project description, financial/strategic/quality targets, milestones, LL, responsibilities of PM, etc.
Question : Letter of Empowerment
CORRECT ANSWER : Informs organization (and
stakeholders) of the responsibility & authority of the person responsible for a project in the sales &/or execution phase. Is proper communication, input is before handover (PM080)
Contains: - project designation & period of validity -
assignment of relevant authorities & obligations - overview of responsibilities - reference to the valid PM method in accordance w/ PM@Siemens
Question : Independent Project Organization
CORRECT ANSWER : Project leader has entire
responsibility for project & authority over team members.Decisions can be made quickly.
Question : Matrix Organization
CORRECT ANSWER : PM shares responsibility w/
functional managers for assigning priorities & directing the work of individuals assigned. Individual remains assigned to the functional manager, but works with the PM.
Question : Who must be considered w/ every project
adjustment?
CORRECT ANSWER : Relevant stakeholders
Question : Main aspects to consider for project strategy &
implementation?
CORRECT ANSWER : - Stringent across project -
Communicated w/ team, & stakeholders - Alignment w/ business strategy
Question : How can I ensure contribution of project team
members to the implementation of the business strategy for my project?
CORRECT ANSW ER: - Communicate tailored strategy to
project team - Use strategy as basis for identifying opportunities - Use info from won/loss bids to improve strategy for future bids
Question : LoA
CORRECT ANSWER : Category considers Finances,
Contract, Technical complexity, & Organization Determining under what conditions a bid can be submitted Defines necessary admin efforts & selection of PM Compliance Risk -
- 2 3 Business Risk - 1 2 3 Proj. Category - A B C S (Higher
> Low) A B C S A1 B1 C1 X A2 B2 C2 X A3 B3 C3 X - Must happen before PM040 - LoA reduces NCC, manages risk, aligns w/business strategy, manages portfolio -LoA is the approval process for Projects