Deck 1: Introduction to Project Management

Full screen (f)
exit full mode
Question
Changes to the project scope can cause costs to increase or decrease.
Use Space or
up arrow
down arrow
to flip the card.
Question
One of the characteristics of an effective project leader, as defined by Einsiedel, is effectiveness in time management.
Question
Projects can contain smaller projects.
Question
It is possible to meet all project specifications and not meet client expectations or fail to meet one or more specifications and still meet or exceed a client's expectation.
Question
All projects are ongoing and permanent in nature.
Question
Client expectations encompass an emotional component that includes many client desires that are not easily captured within a specification document.
Question
Local factories, churches, and hospitals are all examples of organizations.
Question
An operations manager creates a culture to focus on the long-term health of the organization.
Question
Defining the project scope and managing scope change is the same as developing an understanding of a client's expectations and managing those expectations.
Question
A project is undertaken to create a product, service, or result that is unique.
Question
According to Thamhain, interpersonal skills involve the ability to plan, organize, and control work.
Question
Initiatives taken to increase organizational effectiveness or efficiency can be identified as projects.
Question
The purpose of an organization can affect its view of the time allowed for projects.
Question
The structure and responsibility of a project management office is independent of the project management approach of the parent organization.
Question
Although the level of skills needed by the project manager depends largely on the project profile, increasingly the people skills of the project manager are becoming less important.
Question
One of the characteristics of an effective project leader, as defined by Einsiedel, is creativity as a problem solver.
Question
Project managers are process focused.
Question
Einsiedel discussed leader-sensitive projects and defined three characteristics of an effective project leader.
Question
A project is affected by the type of organization in which the project is conducted and how the organization is organized to manage projects.
Question
Darnall noted that expectations often decrease during the life of a project.
Question
Rough order of magnitude ROM) is established prior to developing a ballpark estimate.
Question
The likelihood that all the potential events identified in the risk analysis will occur is very high.
Question
All of the following are the functions of a project management office EXCEPT:

A) it maintains the organization's project management policies and procedures.
B) it supervises the project managers.
C) it monitors project performance.
D) it assigns project managers from other departments but does not procure contract project managers.
E) it provides functional support to projects like project scheduling and project cost analysis.
Question
All of the following are characteristics of an effective project leader as defined by Einsiedel EXCEPT:

A) tolerance for ambiguity
B) ability to work under pressure
C) creativity as a problem solver
D) credibility
E) flexibility in management style
Question
An) _____ facilitates the development of organizational knowledge, skills, and tools to internally charter and manage projects within the organization.

A) quality circle
B) focus group
C) training and development department
D) project management office
E) computers and communication division
Question
In the case of project management, the processes for developing teams, organizing work, and establishing priorities require different sets of knowledge and skills because _____.

A) members of the project management team recognize that it is temporary
B) members of the project management team recognize that it is permanent
C) members of the project management team are not aware of the technical aspects of the project
D) members of the project management team are not aware of the knowledge and skills of the other people working on the project
E) project management teams do not look after the operational aspects of the project and are concerned only with the strategic aspects
Question
If all the parties to the communication are taking part in the exchange at the same time, the communication is asynchronous.
Question
Darnall focused on defining and managing _____ as a critical project management skill.

A) project scope
B) project specifications
C) project requirements
D) client expectations
E) quality standards
Question
During later project stages, as pressures to meet project schedule goals increase, the culture of the project is more conducive to making changes in work process.
Question
A telephone conference call is an example of asynchronous communication.
Question
Generally, the later in the project the change occurs, the smaller the increase to the project costs.
Question
Equipment especially designed and built for a research project is an example of a commodity.
Question
Which of the following is

A) Project managers are goal oriented.
B) Project managers analyze work processes and explore opportunities to make improvements.
C) Project managers are focused on the long-term health of the organization.
D) Project managers are process focused.
E) Project managers standardize the work processes.
Question
Meredith and Mantel discussed a tendency noted by Darnall that expectations often _____ during the life of a project.

A) increase
B) decrease
C) remain constant
D) increase initially and then decrease
E) decrease initially and then increase
Question
If the critical path is shorter than the project duration, the project has a negative total float.
Question
Concrete for building projects is an example of a commodity.
Question
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.
Question
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.

A) horizontal
B) vertical
C) matrix
D) functional
E) divisional
Question
Apart from cost, schedule, and specifications, what was the fourth aspect of project management added by Meredith and Mantel?

A) The risks associated with the project
B) The quality standards for the project
C) The expectations of the client
D) The expectations of the project manager
E) The code of conduct for the people working on the project
Question
According to the Project Management Institute PMI), "Project management is the application of knowledge, _____, _____, and techniques to project activities to meet the project requirements."

A) skills; analysis
B) tools; analysis
C) analysis; theories
D) skills; tools
E) skills; theories
Question
Which of the following is NOT

A) Risk exists on all projects.
B) The likelihood that all the potential events identified in the risk analysis will occur is very high.
C) The type and amount of risk varies by industry type, complexity, and phase of the project.
D) People have different comfort levels with risk, and some members of the project team will be more risk averse than others.
E) Many industries or companies have risk checklists developed from past experience.
Question
The longest path to the completion of the project is called the _____.

A) critical path
B) project logic diagram
C) milestone schedule
D) work breakdown structure
E) scope of work
Question
A project budget estimate which is developed with the least amount of knowledge is known as a _____.

A) rough order of magnitude ROM) estimate
B) scope of work
C) conceptual estimate
D) line estimate
E) milestone schedule
Question
Which of the following changes will NOT likely change the scope of the project?

A) Changes in the marketplace
B) Changes in the timing of the product delivery
C) Changes in the product design
D) Changes in the HR policies of the parent organization
E) Changes in the financial health of the client
Question
According to the Project Management Institute, the scope statement should address all of the following issues EXCEPT:

A) project constraints
B) project assumptions
C) project exclusions
D) code of conduct for the team members working on the project
E) project deliverables
Question
_____ refers to the work processes associated with shortening the time of delivering a product or service.

A) Executing
B) Expediting
C) Organizing
D) Planning
E) Controlling
Question
A _____ represents the sequence of the activities needed to complete the project.

A) work break down structure
B) scope of work
C) project logic diagram
D) run chart
E) step change
Question
_____ represents the likelihood that an event will happen during the life of the project that will negatively affect the achievement of project goals.

A) Scope creep
B) Risk
C) Float
D) Rough order of magnitude
E) Slack
Question
The conceptual estimate is developed with the least amount of knowledge. When more information is known, the project team can develop a _____.

A) work breakdown structure
B) critical estimate
C) rough order of magnitude ROM) estimate
D) scope of work
E) ballpark estimate
Question
Which of the following is

A) A project log is an example of synchronous communication.
B) A telephone conversation is an example of synchronous communication.
C) An RSS feed is an example of synchronous communication.
D) Synchronous communication is not possible in case of virtual teams.
E) The parties to the communication do not interact at the same time.
Question
The _____ is typically a written document that defines what work will be accomplished by the end of the project.

A) work breakdown structure
B) project logic diagram
C) milestone schedule
D) ballpark estimate
E) scope of work
Question
According to Thamhain, which of the following is a skill needed by a project manager?

A) Technical expertise
B) Analytical skills
C) Social skills
D) Logical skills
E) Numerical skills
Question
Einsiedel discussed leader-sensitive projects and defined five characteristics of an _____.

A) effective project leader
B) efficient team
C) efficient organization
D) efficient team member
E) effective project schedule
Question
The _____ establishes key dates throughout the life of a project that must be met for the project to finish on time.

A) critical path
B) ballpark estimate
C) ishikawa diagram
D) slack
E) milestone schedule
Question
Daniel is a project manager. He provides directions to his team members and assists them with problem solving. With reference to the project management skills defined by Thamhain, Daniel is demonstrating which of the following skills?

A) Analytical skill
B) Technical expertise
C) Administrative skill
D) Interpersonal skill
E) Logical skill
Question
An incremental expansion in the project scope is known as _____.

A) slack
B) step change
C) scope creep
D) float
E) crashing
Question
Compressing the task durations along the critical path to meet the project completion date is called _____.

A) scope creep
B) float
C) slack
D) crashing
E) expediting
Question
A layered description of the work with increasing detail in each layer is known as a _____.

A) work breakdown structure
B) step change
C) ballpark estimate
D) project execution plan
E) project logic diagram
Question
Samantha is a project manager. She is good at planning, organizing, and controlling project work. With reference to the project management skills defined by Thamhain, Samantha is demonstrating which skill?

A) Technical expertise
B) Analytical skill
C) Interpersonal skill
D) Logical skill
E) Administrative skill
Question
Which of the following is

A) All the parties to the communication take part in the exchange at the same time.
B) A telephone conversation is an example of asynchronous communication.
C) A face-to-face conversation is an example of asynchronous communication.
D) Asynchronous communication is not possible in case of virtual teams.
E) The parties to the communication do not interact at the same time.
Question
What is the first step in developing a risk management plan?

A) Analyze the risks
B) Estimate the likelihood of the risks occurring
C) Identify potential project risks
D) Develop a risk mitigation plan
E) Estimate the potential impact of risk on the project goals
Question
An) _____ is a carefully crafted document that reflects the performance specifications of the project deliverables.
Question
Which of the following statements regarding project staffing is NOT

A) Exact start and end dates for team members are often negotiated to best meet the needs of individuals and the project.
B) Typically a core project management team is dedicated to the project from start-up to closeout.
C) A staffing plan reflects long-term goals of skilled team members.
D) Generally, longer projects experience less team turnover than shorter projects.
E) Team members needed during the execution phase are often not needed during the conceptual or closeout phases.
Question
Describe two defining characteristics of a project.
Question
Meredith and Mantel discussed project management in terms of producing project outcomes within the objectives of _____, schedule, specifications, and client expectations.
Question
The _____ is an organization of professional project managers that publishes the PMBOK Guide.
Question
Which of the following is NOT an example of a commodity?

A) Concrete
B) Furnace for a new steel mill
C) Sugar
D) Office supplies
E) Salt
Question
Which of the following is also known as a ballpark estimate?

A) Scope of work
B) Critical path
C) Rough order of magnitude ROM) estimate
D) Milestone schedule
E) Conceptual estimate
Question
Which of the following is an example of synchronous communication?

A) Mail and package delivery
B) Fax
C) Audio conference
D) RSS feed
E) Project log
Question
Which of the following is an example of asynchronous communication?

A) Live meeting
B) Computer assisted conference
C) Electronic mail
D) Audio conference
E) Video conference
Question
An) _____ refers to a company that designs goods or services to meet specified needs.

A) vendor
B) manufacturer
C) service representative
D) wholesaler
E) retailer
Question
_____ refers to funds set aside by the project team to address unforeseen events.

A) Contingency
B) Ballpark estimate
C) Line estimate
D) Rough order of magnitude ROM) estimate
E) Conceptual estimate
Question
Explain with examples the effect of organization type on time horizons.
Question
What is a milestone schedule?
Question
Explain the steps involved in project risk management.
Question
Explain positive and negative float.
Question
Discuss the skills required for project management as defined by Thamhain.
Question
What are the five characteristics of an effective project leader as discussed by Einsiedel?
Question
According to PMI, all projects are _____ and undertaken to create a product or service that is unique.
Question
Explain the importance of identifying and managing client's expectations about project performance.
Unlock Deck
Sign up to unlock the cards in this deck!
Unlock Deck
Unlock Deck
1/86
auto play flashcards
Play
simple tutorial
Full screen (f)
exit full mode
Deck 1: Introduction to Project Management
1
Changes to the project scope can cause costs to increase or decrease.
True
2
One of the characteristics of an effective project leader, as defined by Einsiedel, is effectiveness in time management.
False
3
Projects can contain smaller projects.
True
4
It is possible to meet all project specifications and not meet client expectations or fail to meet one or more specifications and still meet or exceed a client's expectation.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
5
All projects are ongoing and permanent in nature.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
6
Client expectations encompass an emotional component that includes many client desires that are not easily captured within a specification document.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
7
Local factories, churches, and hospitals are all examples of organizations.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
8
An operations manager creates a culture to focus on the long-term health of the organization.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
9
Defining the project scope and managing scope change is the same as developing an understanding of a client's expectations and managing those expectations.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
10
A project is undertaken to create a product, service, or result that is unique.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
11
According to Thamhain, interpersonal skills involve the ability to plan, organize, and control work.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
12
Initiatives taken to increase organizational effectiveness or efficiency can be identified as projects.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
13
The purpose of an organization can affect its view of the time allowed for projects.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
14
The structure and responsibility of a project management office is independent of the project management approach of the parent organization.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
15
Although the level of skills needed by the project manager depends largely on the project profile, increasingly the people skills of the project manager are becoming less important.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
16
One of the characteristics of an effective project leader, as defined by Einsiedel, is creativity as a problem solver.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
17
Project managers are process focused.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
18
Einsiedel discussed leader-sensitive projects and defined three characteristics of an effective project leader.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
19
A project is affected by the type of organization in which the project is conducted and how the organization is organized to manage projects.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
20
Darnall noted that expectations often decrease during the life of a project.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
21
Rough order of magnitude ROM) is established prior to developing a ballpark estimate.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
22
The likelihood that all the potential events identified in the risk analysis will occur is very high.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
23
All of the following are the functions of a project management office EXCEPT:

A) it maintains the organization's project management policies and procedures.
B) it supervises the project managers.
C) it monitors project performance.
D) it assigns project managers from other departments but does not procure contract project managers.
E) it provides functional support to projects like project scheduling and project cost analysis.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
24
All of the following are characteristics of an effective project leader as defined by Einsiedel EXCEPT:

A) tolerance for ambiguity
B) ability to work under pressure
C) creativity as a problem solver
D) credibility
E) flexibility in management style
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
25
An) _____ facilitates the development of organizational knowledge, skills, and tools to internally charter and manage projects within the organization.

A) quality circle
B) focus group
C) training and development department
D) project management office
E) computers and communication division
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
26
In the case of project management, the processes for developing teams, organizing work, and establishing priorities require different sets of knowledge and skills because _____.

A) members of the project management team recognize that it is temporary
B) members of the project management team recognize that it is permanent
C) members of the project management team are not aware of the technical aspects of the project
D) members of the project management team are not aware of the knowledge and skills of the other people working on the project
E) project management teams do not look after the operational aspects of the project and are concerned only with the strategic aspects
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
27
If all the parties to the communication are taking part in the exchange at the same time, the communication is asynchronous.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
28
Darnall focused on defining and managing _____ as a critical project management skill.

A) project scope
B) project specifications
C) project requirements
D) client expectations
E) quality standards
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
29
During later project stages, as pressures to meet project schedule goals increase, the culture of the project is more conducive to making changes in work process.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
30
A telephone conference call is an example of asynchronous communication.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
31
Generally, the later in the project the change occurs, the smaller the increase to the project costs.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
32
Equipment especially designed and built for a research project is an example of a commodity.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
33
Which of the following is

A) Project managers are goal oriented.
B) Project managers analyze work processes and explore opportunities to make improvements.
C) Project managers are focused on the long-term health of the organization.
D) Project managers are process focused.
E) Project managers standardize the work processes.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
34
Meredith and Mantel discussed a tendency noted by Darnall that expectations often _____ during the life of a project.

A) increase
B) decrease
C) remain constant
D) increase initially and then decrease
E) decrease initially and then increase
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
35
If the critical path is shorter than the project duration, the project has a negative total float.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
36
Concrete for building projects is an example of a commodity.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
37
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.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
38
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.

A) horizontal
B) vertical
C) matrix
D) functional
E) divisional
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
39
Apart from cost, schedule, and specifications, what was the fourth aspect of project management added by Meredith and Mantel?

A) The risks associated with the project
B) The quality standards for the project
C) The expectations of the client
D) The expectations of the project manager
E) The code of conduct for the people working on the project
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
40
According to the Project Management Institute PMI), "Project management is the application of knowledge, _____, _____, and techniques to project activities to meet the project requirements."

A) skills; analysis
B) tools; analysis
C) analysis; theories
D) skills; tools
E) skills; theories
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
41
Which of the following is NOT

A) Risk exists on all projects.
B) The likelihood that all the potential events identified in the risk analysis will occur is very high.
C) The type and amount of risk varies by industry type, complexity, and phase of the project.
D) People have different comfort levels with risk, and some members of the project team will be more risk averse than others.
E) Many industries or companies have risk checklists developed from past experience.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
42
The longest path to the completion of the project is called the _____.

A) critical path
B) project logic diagram
C) milestone schedule
D) work breakdown structure
E) scope of work
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
43
A project budget estimate which is developed with the least amount of knowledge is known as a _____.

A) rough order of magnitude ROM) estimate
B) scope of work
C) conceptual estimate
D) line estimate
E) milestone schedule
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
44
Which of the following changes will NOT likely change the scope of the project?

A) Changes in the marketplace
B) Changes in the timing of the product delivery
C) Changes in the product design
D) Changes in the HR policies of the parent organization
E) Changes in the financial health of the client
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
45
According to the Project Management Institute, the scope statement should address all of the following issues EXCEPT:

A) project constraints
B) project assumptions
C) project exclusions
D) code of conduct for the team members working on the project
E) project deliverables
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
46
_____ refers to the work processes associated with shortening the time of delivering a product or service.

A) Executing
B) Expediting
C) Organizing
D) Planning
E) Controlling
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
47
A _____ represents the sequence of the activities needed to complete the project.

A) work break down structure
B) scope of work
C) project logic diagram
D) run chart
E) step change
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
48
_____ represents the likelihood that an event will happen during the life of the project that will negatively affect the achievement of project goals.

A) Scope creep
B) Risk
C) Float
D) Rough order of magnitude
E) Slack
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
49
The conceptual estimate is developed with the least amount of knowledge. When more information is known, the project team can develop a _____.

A) work breakdown structure
B) critical estimate
C) rough order of magnitude ROM) estimate
D) scope of work
E) ballpark estimate
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
50
Which of the following is

A) A project log is an example of synchronous communication.
B) A telephone conversation is an example of synchronous communication.
C) An RSS feed is an example of synchronous communication.
D) Synchronous communication is not possible in case of virtual teams.
E) The parties to the communication do not interact at the same time.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
51
The _____ is typically a written document that defines what work will be accomplished by the end of the project.

A) work breakdown structure
B) project logic diagram
C) milestone schedule
D) ballpark estimate
E) scope of work
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
52
According to Thamhain, which of the following is a skill needed by a project manager?

A) Technical expertise
B) Analytical skills
C) Social skills
D) Logical skills
E) Numerical skills
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
53
Einsiedel discussed leader-sensitive projects and defined five characteristics of an _____.

A) effective project leader
B) efficient team
C) efficient organization
D) efficient team member
E) effective project schedule
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
54
The _____ establishes key dates throughout the life of a project that must be met for the project to finish on time.

A) critical path
B) ballpark estimate
C) ishikawa diagram
D) slack
E) milestone schedule
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
55
Daniel is a project manager. He provides directions to his team members and assists them with problem solving. With reference to the project management skills defined by Thamhain, Daniel is demonstrating which of the following skills?

A) Analytical skill
B) Technical expertise
C) Administrative skill
D) Interpersonal skill
E) Logical skill
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
56
An incremental expansion in the project scope is known as _____.

A) slack
B) step change
C) scope creep
D) float
E) crashing
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
57
Compressing the task durations along the critical path to meet the project completion date is called _____.

A) scope creep
B) float
C) slack
D) crashing
E) expediting
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
58
A layered description of the work with increasing detail in each layer is known as a _____.

A) work breakdown structure
B) step change
C) ballpark estimate
D) project execution plan
E) project logic diagram
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
59
Samantha is a project manager. She is good at planning, organizing, and controlling project work. With reference to the project management skills defined by Thamhain, Samantha is demonstrating which skill?

A) Technical expertise
B) Analytical skill
C) Interpersonal skill
D) Logical skill
E) Administrative skill
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
60
Which of the following is

A) All the parties to the communication take part in the exchange at the same time.
B) A telephone conversation is an example of asynchronous communication.
C) A face-to-face conversation is an example of asynchronous communication.
D) Asynchronous communication is not possible in case of virtual teams.
E) The parties to the communication do not interact at the same time.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
61
What is the first step in developing a risk management plan?

A) Analyze the risks
B) Estimate the likelihood of the risks occurring
C) Identify potential project risks
D) Develop a risk mitigation plan
E) Estimate the potential impact of risk on the project goals
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
62
An) _____ is a carefully crafted document that reflects the performance specifications of the project deliverables.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
63
Which of the following statements regarding project staffing is NOT

A) Exact start and end dates for team members are often negotiated to best meet the needs of individuals and the project.
B) Typically a core project management team is dedicated to the project from start-up to closeout.
C) A staffing plan reflects long-term goals of skilled team members.
D) Generally, longer projects experience less team turnover than shorter projects.
E) Team members needed during the execution phase are often not needed during the conceptual or closeout phases.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
64
Describe two defining characteristics of a project.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
65
Meredith and Mantel discussed project management in terms of producing project outcomes within the objectives of _____, schedule, specifications, and client expectations.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
66
The _____ is an organization of professional project managers that publishes the PMBOK Guide.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
67
Which of the following is NOT an example of a commodity?

A) Concrete
B) Furnace for a new steel mill
C) Sugar
D) Office supplies
E) Salt
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
68
Which of the following is also known as a ballpark estimate?

A) Scope of work
B) Critical path
C) Rough order of magnitude ROM) estimate
D) Milestone schedule
E) Conceptual estimate
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
69
Which of the following is an example of synchronous communication?

A) Mail and package delivery
B) Fax
C) Audio conference
D) RSS feed
E) Project log
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
70
Which of the following is an example of asynchronous communication?

A) Live meeting
B) Computer assisted conference
C) Electronic mail
D) Audio conference
E) Video conference
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
71
An) _____ refers to a company that designs goods or services to meet specified needs.

A) vendor
B) manufacturer
C) service representative
D) wholesaler
E) retailer
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
72
_____ refers to funds set aside by the project team to address unforeseen events.

A) Contingency
B) Ballpark estimate
C) Line estimate
D) Rough order of magnitude ROM) estimate
E) Conceptual estimate
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
73
Explain with examples the effect of organization type on time horizons.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
74
What is a milestone schedule?
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
75
Explain the steps involved in project risk management.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
76
Explain positive and negative float.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
77
Discuss the skills required for project management as defined by Thamhain.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
78
What are the five characteristics of an effective project leader as discussed by Einsiedel?
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
79
According to PMI, all projects are _____ and undertaken to create a product or service that is unique.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
80
Explain the importance of identifying and managing client's expectations about project performance.
Unlock Deck
Unlock for access to all 86 flashcards in this deck.
Unlock Deck
k this deck
locked card icon
Unlock Deck
Unlock for access to all 86 flashcards in this deck.