SCM 300 EXAM 3 QUESTIONS &
SOLUTIONS VERIFIED 100%
Project - ANSWERa unique undertaking in which resources are organized to achieve an
end goal or outcome
Project Management Steps - ANSWER1. Define the Project.
2. Establish project priorities
3. work breakdown structure
4. track project progress
. Project Priorities - ANSWERQuality
Time
Low Cost
Work Breakdown Structure - ANSWER- Helpful with milestones
- Break work items into smallest unites
- Estimate needs: People Time Cost
Objectives - ANSWERthe desired outcomes for the project
(Performance, cost, time, and quality)
Cow Path Theory - ANSWERA cow drank water using a complicated path which lead to
longer lead times. A new cow used a simple path to drink water. (Good: quicker service,
Bad: new cow possibly missed out important steps)
consulting - ANSWERa term used to describe services related to providing advice to
companies, organizations, and individuals
Consulting Types - ANSWER- Gather data and/or provide information
- Define the problem
- Develop solutions
- Provide recommendations
- Implementation
Consulting & Careers - ANSWER- Always be Consulting
- Resume Builder
- Corporate Careers
Waterfall Methodology - ANSWERa method with multiple phases that must be complete
in order, one at a time (No back-tracking and works well for well-defined projects with
little flexibility)
, Agile or Iterative Methodology - ANSWERa method to be flexible in an effort to allow for
stakeholder feedback and improvements in technology (concurrently, flexible, struggles,
and innovative projects)
Engagement - ANSWERspecific business project that is assigned to a consultant or
consultant team (Replaces project)
A Good Consultant - ANSWER- Desire to help people
- Data Skills
- Values feedback and simplicity
- expect resistance to change
- creative, understand people, anticipates learning curves
A Bad Consultant & Common Errors - ANSWER- Maintaining happiness & expecting to
be liked
- developing solutions too soon
-listening to clients pre-fabricated solutions
- one size fits all solutions
Selling your Solutions - ANSWER1. present a valuable
2. convince on all fronts
3. figure out measurement
4. implementation
Business Process Improvement (BPI) - ANSWERdefined method used to help
organizations make processes more effective, efficient, and/or adaptable
BPI Steps - ANSWER1. Desired state
2. present state
3. gap analysis
4. develop a project scope
5. collect, share, and analyze data
6. develop solutions and recommendations
7. develop an implementation plan
Gap Analysis - ANSWERMeasure and compare different of desired and present state
Project Scope - ANSWERDue to Limited budget and required end data
Scope Creep - ANSWERa phenomenon when the project team allows new goals and
deliverables to become part of the project
Developing Solutions - ANSWER- make an impact and be creative
- remember ideas need to help
-focus on client & basics
- embrace repugnant
SOLUTIONS VERIFIED 100%
Project - ANSWERa unique undertaking in which resources are organized to achieve an
end goal or outcome
Project Management Steps - ANSWER1. Define the Project.
2. Establish project priorities
3. work breakdown structure
4. track project progress
. Project Priorities - ANSWERQuality
Time
Low Cost
Work Breakdown Structure - ANSWER- Helpful with milestones
- Break work items into smallest unites
- Estimate needs: People Time Cost
Objectives - ANSWERthe desired outcomes for the project
(Performance, cost, time, and quality)
Cow Path Theory - ANSWERA cow drank water using a complicated path which lead to
longer lead times. A new cow used a simple path to drink water. (Good: quicker service,
Bad: new cow possibly missed out important steps)
consulting - ANSWERa term used to describe services related to providing advice to
companies, organizations, and individuals
Consulting Types - ANSWER- Gather data and/or provide information
- Define the problem
- Develop solutions
- Provide recommendations
- Implementation
Consulting & Careers - ANSWER- Always be Consulting
- Resume Builder
- Corporate Careers
Waterfall Methodology - ANSWERa method with multiple phases that must be complete
in order, one at a time (No back-tracking and works well for well-defined projects with
little flexibility)
, Agile or Iterative Methodology - ANSWERa method to be flexible in an effort to allow for
stakeholder feedback and improvements in technology (concurrently, flexible, struggles,
and innovative projects)
Engagement - ANSWERspecific business project that is assigned to a consultant or
consultant team (Replaces project)
A Good Consultant - ANSWER- Desire to help people
- Data Skills
- Values feedback and simplicity
- expect resistance to change
- creative, understand people, anticipates learning curves
A Bad Consultant & Common Errors - ANSWER- Maintaining happiness & expecting to
be liked
- developing solutions too soon
-listening to clients pre-fabricated solutions
- one size fits all solutions
Selling your Solutions - ANSWER1. present a valuable
2. convince on all fronts
3. figure out measurement
4. implementation
Business Process Improvement (BPI) - ANSWERdefined method used to help
organizations make processes more effective, efficient, and/or adaptable
BPI Steps - ANSWER1. Desired state
2. present state
3. gap analysis
4. develop a project scope
5. collect, share, and analyze data
6. develop solutions and recommendations
7. develop an implementation plan
Gap Analysis - ANSWERMeasure and compare different of desired and present state
Project Scope - ANSWERDue to Limited budget and required end data
Scope Creep - ANSWERa phenomenon when the project team allows new goals and
deliverables to become part of the project
Developing Solutions - ANSWER- make an impact and be creative
- remember ideas need to help
-focus on client & basics
- embrace repugnant
