Question 1

The Project Management Body of Knowledge Guide definition of a project indicates that a project is:

Accepted Answer

A) Multifunctional. 
B) Permanent. 
C) Designed to avoid using human resources. 
D) Not limited by a budget. 
A) Multifunctional. 
B) Permanent. 
C) Designed to avoid using human resources. 
D) Not limited by a budget.

Question 2

Provide an example from the past year that demonstrates the criticality of achieving a narrow launch window by demonstrating two similar projects/products being launched in short succession or a product or service launch that was well or poorly timed to market conditions.

Accepted Answer

Examples will vary.Common examples inclu

Question 3

Some argue that the quadruple constraint is insufficient for determining the success of a project.Instead,the quadruple constraint must be considered along with:

Accepted Answer

A) The project's potential for generating future opportunities. 
B) The project's ability to harm competitors. 
C) The project's risk in relation to its reward. 
D) The project's efficiency as it approaches 100%. 
A) The project's potential for generating future opportunities. 
B) The project's ability to harm competitors. 
C) The project's risk in relation to its reward. 
D) The project's efficiency as it approaches 100%.

Question 4

Project management maturity models are NOT used to:

Accepted Answer

A) Compare practices against an industry standard. 
B) Define a systematic route for improving project management practices. 
C) Evaluate current project management practices. 
D) Ascertain all stakeholders relevant to a project in the conceptualization phase. 
A) Compare practices against an industry standard. 
B) Define a systematic route for improving project management practices. 
C) Evaluate current project management practices. 
D) Ascertain all stakeholders relevant to a project in the conceptualization phase.

Question 5

Keith Monroe nails hundreds of pieces of culled lumber in the blazing July sun to form a parquet deck for his barn roof.He and his assistant are clearly in:

Accepted Answer

A) The termination stage of the project life cycle. 
B) The planning stage of the project life cycle. 
C) The execution stage of the project life cycle. 
D) Way over their heads. 
A) The termination stage of the project life cycle. 
B) The planning stage of the project life cycle. 
C) The execution stage of the project life cycle. 
D) Way over their heads.

Question 6

What roles do traditional process management duties of planning,organizing,and controlling play in project management,if any?

Accepted Answer

The traditional managerial duties of pla

Question 7

Among the maturity models presented in this chapter,the one term that could be used to characterize the lowest level of each is:

Accepted Answer

A) Ad hoc. 
B) Ad nauseam. 
C) Integrated. 
D) Derivative. 
A) Ad hoc. 
B) Ad nauseam. 
C) Integrated. 
D) Derivative.

Question 8

The amount of corporate investment is typically at its highest in the:

Accepted Answer

A) Conceptualization phase. 
B) Planning phase. 
C) Execution phase. 
D) Termination phase. 
A) Conceptualization phase. 
B) Planning phase. 
C) Execution phase. 
D) Termination phase.

Question 9

The initial goal and technical specifications of the project are developed during the planning stage.

Accepted Answer

A) True 
 B)False

Question 10

There is no such thing as a project team:

Accepted Answer

A) With a deliverable. 
B) With an ongoing,non-specific purpose. 
C) With a goal. 
D) With a project manager. 
A) With a deliverable. 
B) With an ongoing,non-specific purpose. 
C) With a goal. 
D) With a project manager.

Question 11

Geoffco's project manager names three individuals and requests a project budget of $3,000,000 for the new 8-Pod,a backpack-sized personal music player for 8-track tapes capable of holding up to 100 songs from the '60s and '70s.This important step takes place during ________ of the project life cycle.

Accepted Answer

A) planning 
B) conceptualization 
C) execution 
D) termination 
A) planning 
B) conceptualization 
C) execution 
D) termination

Question 12

One model of project success offered in the chapter looks beyond the current project into the future.Comment on the elements of this model and their impact along the timeline from project completion to well beyond this point in time.

Accepted Answer

This framework was proposed by Shenhar,L

Question 13

Low inflation is a trigger for improved project management skills because:

Accepted Answer

A) Rampant cost increases must be passed along to the consumer. 
B) Internal process improvement is accomplished via project management. 
C) Lower inflation means narrower product launch windows. 
D) Global markets are a prerequisite for low inflation. 
A) Rampant cost increases must be passed along to the consumer. 
B) Internal process improvement is accomplished via project management. 
C) Lower inflation means narrower product launch windows. 
D) Global markets are a prerequisite for low inflation.

Question 14

The only component that does NOT exhibit a wave throughout the project life cycle is the:

Accepted Answer

A) Client interest. 
B) Resources. 
C) Creativity. 
D) Uncertainty. 
A) Client interest. 
B) Resources. 
C) Creativity. 
D) Uncertainty.

Question 15

Describe the activities that occur at each stage of a project.

Accepted Answer

Stages in a project's development are re

Question 16

Project members may be from:

Accepted Answer

A) Different departments. 
B) Other organizational units. 
C) One functional area. 
D) All of the above. 
A) Different departments. 
B) Other organizational units. 
C) One functional area. 
D) All of the above.

Question 17

A project that results in "doing the wrong things well" has ignored the:

Accepted Answer

A) Budgetary goal. 
B) Technical goal. 
C) Customer satisfaction goal. 
D) Scheduling goal. 
A) Budgetary goal. 
B) Technical goal. 
C) Customer satisfaction goal. 
D) Scheduling goal.

Question 18

The author's synthesis of all well-known maturity models states that moderate project management maturity is characterized by:

Accepted Answer

A) Ad hoc processes. 
B) Little support from upper management. 
C) Project management training programs. 
D) Active exploration of ways to improve project management. 
A) Ad hoc processes. 
B) Little support from upper management. 
C) Project management training programs. 
D) Active exploration of ways to improve project management.

Question 19

Describe how your mastery of project management and the concepts in this textbook will enhance at least three of your employability skills.

Accepted Answer

Student responses will vary,but they sho

Question 20

Which of these is NOT characteristic of a project?

Accepted Answer

A) Projects are responsible for the newest and most improved products,services,and organizational processes. 
B) Projects are ad hoc endeavors with a clear life cycle. 
C) Projects provide a philosophy and strategy for the management of change. 
D) Traditional process management functions of planning,organizing,and controlling do not apply to project management. 
A) Projects are responsible for the newest and most improved products,services,and organizational processes. 
B) Projects are ad hoc endeavors with a clear life cycle. 
C) Projects provide a philosophy and strategy for the management of change. 
D) Traditional process management functions of planning,organizing,and controlling do not apply to project management.

The Project Management Body of Knowledge Guide definition of a project indicates that a project is:

Provide an example from the past year that demonstrates the criticality of achieving a narrow launch window by demonstrating two similar projects/products being launched in short succession or a product or service launch that was well or poorly timed to market conditions.

Some argue that the quadruple constraint is insufficient for determining the success of a project.Instead,the quadruple constraint must be considered along with:

Project management maturity models are NOT used to:

Keith Monroe nails hundreds of pieces of culled lumber in the blazing July sun to form a parquet deck for his barn roof.He and his assistant are clearly in:

What roles do traditional process management duties of planning,organizing,and controlling play in project management,if any?

Among the maturity models presented in this chapter,the one term that could be used to characterize the lowest level of each is:

The amount of corporate investment is typically at its highest in the:

The initial goal and technical specifications of the project are developed during the planning stage.

There is no such thing as a project team:

One model of project success offered in the chapter looks beyond the current project into the future.Comment on the elements of this model and their impact along the timeline from project completion to well beyond this point in time.

Low inflation is a trigger for improved project management skills because:

The only component that does NOT exhibit a wave throughout the project life cycle is the:

Describe the activities that occur at each stage of a project.

Project members may be from:

A project that results in "doing the wrong things well" has ignored the:

The author's synthesis of all well-known maturity models states that moderate project management maturity is characterized by:

Describe how your mastery of project management and the concepts in this textbook will enhance at least three of your employability skills.

Which of these is NOT characteristic of a project?

The Organizational Context: Strategy, Structure, and Culture

Project Selection and Portfolio Management

Leadership and the Project Manager

Scope Management

Project Team Building, Conflict, and Negotiation

Risk Management

Cost Estimation and Budgeting

Project Scheduling: Networks, Duration Estimation, and Critical Path

Project Scheduling: Lagging, Crashing, and Activity Networks

Advanced Topics in Planning and Scheduling: Agile and Critical Chain

Resource Management

Project Evaluation and Control

Project Closeout and Termination

Filters

Exam 1: Introduction: Why Project Management

The Project Management Body of Knowledge Guide definition of a project indicates that a project is:

Provide an example from the past year that demonstrates the criticality of achieving a narrow launch window by demonstrating two similar projects/products being launched in short succession or a product or service launch that was well or poorly timed to market conditions.

Some argue that the quadruple constraint is insufficient for determining the success of a project.Instead,the quadruple constraint must be considered along with:

Project management maturity models are NOT used to:

Keith Monroe nails hundreds of pieces of culled lumber in the blazing July sun to form a parquet deck for his barn roof.He and his assistant are clearly in:

What roles do traditional process management duties of planning,organizing,and controlling play in project management,if any?

Among the maturity models presented in this chapter,the one term that could be used to characterize the lowest level of each is:

The amount of corporate investment is typically at its highest in the:

The initial goal and technical specifications of the project are developed during the planning stage.

There is no such thing as a project team:

One model of project success offered in the chapter looks beyond the current project into the future.Comment on the elements of this model and their impact along the timeline from project completion to well beyond this point in time.

Low inflation is a trigger for improved project management skills because:

The only component that does NOT exhibit a wave throughout the project life cycle is the:

Describe the activities that occur at each stage of a project.

Project members may be from:

A project that results in "doing the wrong things well" has ignored the:

The author's synthesis of all well-known maturity models states that moderate project management maturity is characterized by:

Describe how your mastery of project management and the concepts in this textbook will enhance at least three of your employability skills.

Which of these is NOT characteristic of a project?

The Organizational Context: Strategy, Structure, and Culture

Project Selection and Portfolio Management

Leadership and the Project Manager

Scope Management

Project Team Building, Conflict, and Negotiation

Risk Management

Cost Estimation and Budgeting

Project Scheduling: Networks, Duration Estimation, and Critical Path

Project Scheduling: Lagging, Crashing, and Activity Networks

Advanced Topics in Planning and Scheduling: Agile and Critical Chain

Resource Management

Project Evaluation and Control

Project Closeout and Termination

Filters