Exam 1: Projects in Contemporary Organizations

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The seven attributes that characterize a project are __________.

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C

Describe the project life cycle.

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The project life cycle describes the set of tasks that must be completed in order to produce a product or service. There are many different project life cycles that exist, but a typical set includes: conception, selection, planning, scheduling, monitoring and controlling, and evaluation and termination.

Individuals or groups with a special interest in a project are called __________.

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parties-at-interest or stakeholders

Identify the example that would not usually be considered a project.

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Explain the conflict that often exists between the client and the parent organization.

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As sub-elements of a task, these __________ need to be accomplished to achieve the objectives of the task.

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The authors identify three forces that combine to mandate the use of teams to solve problems. Identify the force that the authors named.

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According to PMBOK, a __________ is a temporary endeavor undertaken to create a unique product or service.

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Discuss the factors that have contributed to the growth of the Project Management Institute.

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Having only partial or no information about the situation or outcomes is called __________.

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The project to construct a highway is unique because __________.

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Who, according to the authors, has played a significant role in the development of techniques for project management?

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In a conventional project lifecycle, as work progresses, uncertainty about the expected outcome should __________.

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__________ is a subset of a project, consisting of work packages.

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The process of creating artificial deadlines and budgets to accomplish specific, though routine, tasks within a functional department is called ______.

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Conflicting expectations among stakeholders related to performance, cost, and time will require the project manager to make appropriate ____________ in order to balance competing demands related to these objectives.

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Name four benefits of project management.

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Projects often interact with other projects being carried out simultaneously within the organization and these interactions take the form of competition for scarce resources between project. This is an example of project __________.

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What are some of the benefits of using project management?

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According to the authors, the prime objectives of project management are

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