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Questions # 61:

P is a chartered management accountant working for a large project engineering company. P's functional superior is the Chief Management Accountant.

 

However for about two thirds of the time available, P is seconded to work with various project teams on a concurrent basis under a matrix organisation structure. This has turned out to be a demanding job role for P, with a number of disadvantages.

 

Select ALL the disadvantages that apply.

Options:
A.

Tensions arise between the priorities of the projects and the functional department.

B.

Building close relationships with functional colleagues may be inhibited.

C.

Flexible project commitments might lead to an unstable work pattern.

D.

Training and development opportunities might be missed due to project commitments.

E.

Exposure to project management skills beyond management accountancy.

F.

Developing close relationships with other discipline specialists.

Expert Solution
Questions # 62:

Identify ways in which an orgnisation can undertake qualitative research.

 

Select ALL that apply.

Options:
A.

Conducting a focus group

B.

Carrying out observations

C.

Calculating ratios on sales data

D.

Carrying out interviews

E.

Studying organisations operating statements

Expert Solution
Questions # 63:

Which of the following statements are not true about Gantt Charts, Resource Histograms and Work Breakdown Structures?

Select ALL that apply.

Options:
A.

Critical activities can be identified using Gantt Charts

B.

A Work Breakdown Structure will help to produce a clear list of individual tasks involved to complete each project element

C.

Statement of Work (SOW) outlines the objectives against which Work Packages must be measured

D.

Work Breakdown Structures cannot be used to determine resource requirements

E.

Gantt Charts clearly identify key activities that must be completed before others begin

F.

Resource Histograms are particularly useful where there are complicated resources to manage

G.

Resource Histograms graphically show the resources required over the term of the project

Expert Solution
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