Exam 7: Starting a Project

During the start-up phase, a project manager will conduct one or more _____ to develop plans for establishing the project office and for developing project policies and procedures.

The level of communication on a project is directly related to the level of _____.

Developing a common understanding of the project purpose implies building a consensus.

Explain one of the reasons for conducting several meetings during the start-up of projects with a high complexity profile.

The final approval of a project belongs to the project manager.

An) _____ organization is a group that determines the need for the project.

All of the following steps, as paraphrased by Tom Mochal, have the necessary components of a change documentation process EXCEPT:

Government organizations can raise money to fund projects by selling stock.

The _____ is the average annual return on an investment that earns or saves money.

Which of the following statements is true regarding IRR?

The project _____ team is responsible for developing a communication plan that provides the right information, at the right place, at the right time.

The _____ defines what tasks the project team is expected to accomplish and, just as importantly, what is not part of the project.

A goal must have a measurable outcome.

A business that is created to make a profit for its owners and stockholders: