Exam 1: Introduction to Project Management

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_____ represents the likelihood that an event will happen during the life of the project that will negatively affect the achievement of project goals.

(Multiple Choice)
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Client expectations encompass an emotional component that includes many client desires that are not easily captured within a specification document.

(True/False)
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Which of the following is also known as a ballpark estimate?

(Multiple Choice)
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Projects can contain smaller projects.

(True/False)
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Rough order of magnitude ROM) is established prior to developing a ballpark estimate.

(True/False)
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The _____ establishes key dates throughout the life of a project that must be met for the project to finish on time.

(Short Answer)
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Which of the following is NOT an example of a commodity?

(Multiple Choice)
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An incremental expansion in the project scope is known as _____.

(Multiple Choice)
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Einsiedel discussed leader-sensitive projects and defined five characteristics of an effective project leader. These characteristics are based on some assumptions about project environment, which is often a _____ organization.

(Multiple Choice)
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The likelihood that all the potential events identified in the risk analysis will occur is very high.

(True/False)
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Compressing the task durations along the critical path to meet the project completion date is called _____.

(Multiple Choice)
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The project management team must develop alignment among the major _____ -those who have a share or interest on the project-during the early phases of the project.

(Short Answer)
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A project management team has two types of members, functional managers and process managers. An engineering manager, in the case of a construction project, is an example of a process manager.

(True/False)
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Which of the following is true about a project manager?

(Multiple Choice)
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What is the first step in developing a risk management plan?

(Multiple Choice)
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An) _____ refers to a company that designs goods or services to meet specified needs.

(Multiple Choice)
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All of the following are the functions of a project management office EXCEPT:

(Multiple Choice)
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In the case of project management, the processes for developing teams, organizing work, and establishing priorities require different sets of knowledge and skills because _____.

(Multiple Choice)
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Initiatives taken to increase organizational effectiveness or efficiency can be identified as projects.

(True/False)
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The _____ is typically a written document that defines what work will be accomplished by the end of the project.

(Multiple Choice)
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