Exam 1: The World of Project Management

Omicore Softworks, a software development firm, undertook a project that involved developing a bespoke accounting software for a firm. The project initiated with the project manager spending some time to identify the correct resources. Once this was done, the process of writing the program began. Most of the time was spent on debugging and ensuring that the software worked to the client's specification. The project in this scenario has a(n) _____.

One can trade-off time and cost when managing a project, but the project's technical specifications must be maintained exactly as the client initially specifies.

These projects are "blue‐sky," visionary endeavors, oriented toward using newly developed technologies or existing technologies in a new manner.

Baketolife, a small bakery that specializes in wedding cakes, undertook a project that required the creation of a large five-tier cake. While the mixture for the cake was easy to make and took less than half a day to prepare, the size of the cake meant that a lot of time was spent ensuring that each cake was cooked all the way through. The project in this scenario has a(n) _____.

The first duty of the project owner and project manager after project approval is to prepare a business case.

R&D projects are oriented toward using newly developed technologies or existing technologies in a new manner.

Projects are usually large.

Which of the following is not a characteristic of a project?

Which of the following is not one of the values from the Manifesto for Agile Software Development?

The ________________________ attempts to link the organization's projects directly to the goals and strategy of the organization.

The difference between a project and a nonproject is always crystal clear.

Briefly describe the two different life cycles of projects.

What are the major trends in project management?

Recent research has found that the most effective support from top management during the project front end is adding resources to the project.

While general managers have their authority limited to specific areas in the overall organization, project managers have authority over any activity required by the project.

Which of the following is an example of lose-lose negotiation?

These projects typically involve a newer technology than platform projects.

Projects are characterized by conflict.

"Blue Sky" projects are…

The comparative benefits method is considered a nonnumeric project selection method.