Exam 1: Introduction: Why Project Management?

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Why are projects important?

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The use of benchmarking allows companies that are relatively immature at project management to achieve quantum leaps of improvement.

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What are key differences between projects and processes?

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The maturity models presented in this chapter all demonstrate that:

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Client interest is typically at its lowest during the:

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

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Carnegie Mellon's SEI model,ESI International's project framework,and the Center for Business Practices all call their highest level of maturity:

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Where in the project life cycle are the intensity level of resources and client interest at their highest? Why is this the case?

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Individual activities and their durations are developed during the ________ phase of the project life cycle.

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Most effective project maturity models chart both a set of standards that are currently accepted as state-of-the-art as well as a process for achieving significant movement towards these benchmarks.

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The dimension of project success that is measured by both an internal and external criterion is:

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

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

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Use the project life cycle and intensity level graph to describe your journey in your current degree program.Provide the number of credit hours you have earned and the number remaining in your program and briefly describe key events that show peaks or valleys in the five components.

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The dimension of project success that is realized first (chronologically)is:

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Which of the following statements about project success criteria is BEST?

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The Atkinson model considers which of these benefits is being accrued by the organization if a project is successful?

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The special nature of projects relieves project managers from their routine of planning,organizing,motivating,directing,and controlling.

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Why is project management challenging?

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Which of the following is accomplished through project management?

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