Exam 1: Modern Project Management

One of the characteristics that separate project management from other endeavors of the organization is that there are specific time, cost, and performance requirements.

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(True/False)

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Question 1

Correct Answer:

Verified

True

In which of the following stages are project objectives established, teams formed, and major responsibilities assigned?

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(Multiple Choice)

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Question 2

Correct Answer:

Verified

The development of schedules, budgets, and identifying risks are common elements to the ________ stage of the project life cycle.

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(Short Answer)

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Question 3

Correct Answer:

Verified

planning
Explanation: The level of effort increases, and plans are developed to determine what the project will entail, when it will be scheduled, whom it will benefit, what quality level should be maintained, and what the budget will be.

A common rule of thumb in the world of high-tech product development is that a six-month project delay can result in a __________ percent loss in product revenue share.

(Short Answer)

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Question 4

Which of the following choices is not one of the stages of a project life cycle?

(Multiple Choice)

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Question 5

One of the defining characteristics of a project is that it has a singular purpose, i.e., an established ________.

(Short Answer)

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Question 6

The initial stage in the Project Life Cycle is the __________ stage.

(Short Answer)

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Question 7

Because projects have a defined beginning and end, the ________ is frequently used to manage the transition of a project from start to completion.

(Short Answer)

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Question 8

Which of the following characteristics is not typical of a project manager?

(Multiple Choice)

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Question 9

Increased competition has placed a premium on customer satisfaction and the development of __________ products and services.

(Short Answer)

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Question 10

Project management integration necessitates combining all of the major dimensions of project management under one umbrella.

(True/False)

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Question 11

Integration of project management with the organization takes place with the

(Multiple Choice)

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Question 12

Project management is becoming a standard way of doing business.

(True/False)

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Question 13

Project management is usually restricted to specialists.

(True/False)

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Question 14

Corporate downsizing has increased the trend toward

(Multiple Choice)

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Question 15

Which of these is not part of the "technical dimension" of project management?

(Multiple Choice)

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Question 16

The professional certification for project managers is a Project Management Professional (PMP).

(True/False)

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Question 17

Unlike their functional counterparts, project managers generally possess only rudimentary technical knowledge to make trade-off decisions.

(True/False)

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Question 18

Competing in a global market is influenced by

(Multiple Choice)

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Question 19

Describe the connection between Project Management and an organization's Strategic Plan.

(Essay)

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Question 20

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One of the characteristics that separate project management from other endeavors of the organization is that there are specific time, cost, and performance requirements.

In which of the following stages are project objectives established, teams formed, and major responsibilities assigned?

The development of schedules, budgets, and identifying risks are common elements to the ________ stage of the project life cycle.

A common rule of thumb in the world of high-tech product development is that a six-month project delay can result in a __________ percent loss in product revenue share.

Which of the following choices is not one of the stages of a project life cycle?

One of the defining characteristics of a project is that it has a singular purpose, i.e., an established ________.

The initial stage in the Project Life Cycle is the __________ stage.

Because projects have a defined beginning and end, the ________ is frequently used to manage the transition of a project from start to completion.

Which of the following characteristics is not typical of a project manager?

Increased competition has placed a premium on customer satisfaction and the development of __________ products and services.

Project management integration necessitates combining all of the major dimensions of project management under one umbrella.

Integration of project management with the organization takes place with the

Project management is becoming a standard way of doing business.

Project management is usually restricted to specialists.

Corporate downsizing has increased the trend toward

Which of these is not part of the "technical dimension" of project management?

The professional certification for project managers is a Project Management Professional (PMP).

Unlike their functional counterparts, project managers generally possess only rudimentary technical knowledge to make trade-off decisions.

Competing in a global market is influenced by

Describe the connection between Project Management and an organization's Strategic Plan.

Organization Strategy and Project Selection

Organization: Structure and Culture

Defining the Project

Estimating Project Times and Costs

Developing a Project Plan

Managing Risk

Scheduling Resources and Costs

Reducing Project Duration

Leadership: Being an Effective Project Manager

Managing Project Teams

Outsourcing: Managing Interorganizational Relations

Progress and Performance Measurement and Evaluation

Project Closure

International Projects

Oversight

An Introduction to Agile Project Management

Project Management Career Paths

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