Question 1

Client interest in a project is highest during the termination and conceptual phases.

Accepted Answer

A) True 
 B)False

Question 2

Projects,rather than repetitive tasks,are now the basis for most value-added in business.

Accepted Answer

A) True 
 B)False

Question 3

A(n)________ refers to ongoing,day-to-day activities in which an organization engages while producing goods and services.

Accepted Answer

The answer of A(n)________ refers to ongoing,day-to-day activities in which...

Question 4

A project may be on-time,under-budget,and perform according to specifications,but if it lacks ________,it would not be considered successful under the quadruple constraint paradigm.

Accepted Answer

The answer of A project may be on-time,under-budget,and perform according...

Question 5

ABC company compares the way they manage projects with the way rival NBC company manages projects.ABC company is engaged in:

Accepted Answer

A) corporate espionage 
B) ring level 0. 
C) competitive benchmarking. 
D) cutting edge practices.

Question 6

A project exists outside of the standard line organization.

Accepted Answer

A) True 
 B)False

Question 7

Studies of IT projects reveal that:

Accepted Answer

A) initial cost estimates are overrun by an average of 15%. 
B) over 66% of IT projects were delivered to customers but not used. 
C) about 25% of all IT projects become runaways by overshooting budgets and timetables. 
D) up to 75% of software projects are cancelled.

Question 8

The MBA redesign committee presents the results of their five-year project to their bemused Dean.They hope it is not just wishful thinking that they are in the:

Accepted Answer

A) planning phase. 
B) conceptualization phase. 
C) execution phase. 
D) termination phase.

Question 9

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

Accepted Answer

A) Project cost is an external performance measure. 
B) Completion time is an internal performance measure. 
C) Client acceptance is an internal performance measure. 
D) Client acceptance is often referred to as conducting a "quality" check.

Question 10

What changes in the business environment have necessitated a greater use of project management skills?

Accepted Answer

The answer of What changes in the business environment have...

Question 11

An information system project might be assessed by which of the following criteria?

Accepted Answer

A) Maintainability 
B) Reduced waste 
C) Time 
D) Personal development

Question 12

Atkinson suggests that all groups that are affected by a project,otherwise known as ________,should have a hand in assessing project success.

Accepted Answer

The answer of Atkinson suggests that all groups that are...

Question 13

Which of these factors are essentially complete opposites from an intensity perspective across the project life cycle?

Accepted Answer

A) Client Interest and Creativity 
B) Creativity and Resources 
C) Resources and Project Stake 
D) Project Stake and Client Interest

Question 14

The emergence of global markets has made project management skills more critical.

Accepted Answer

A) True 
 B)False

Question 15

________ are used to allow organizations to benchmark the best practices of successful project management firms.

Accepted Answer

The answer of ________ are used to allow organizations to...

Question 16

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

Accepted Answer

The answer of Describe the activities that occur at each...

Question 17

A typical project stays within functional and organizational boundaries.

Accepted Answer

A) True 
 B)False

Question 18

The degree of risk associated with the project is at its highest during the ________ stage.

Accepted Answer

The answer of The degree of risk associated with the...

Question 19

A business reality that makes effective project management critical is the fact that:

Accepted Answer

A) products are becoming increasingly simple. 
B) inflation is rampant. 
C) product life cycles are compressing. 
D) product launch windows are widening.

Question 20

The author's synthesis of all well-known maturity models states that moderate project management maturity is characterized by:

Accepted Answer

A) ad hoc processes. 
B) little support from upper management. 
C) project management training programs. 
D) active exploration of ways to improve project management.

Exam 1: Introduction: Why Project Management

Client interest in a project is highest during the termination and conceptual phases.

Projects,rather than repetitive tasks,are now the basis for most value-added in business.

A(n)________ refers to ongoing,day-to-day activities in which an organization engages while producing goods and services.

A project may be on-time,under-budget,and perform according to specifications,but if it lacks ________,it would not be considered successful under the quadruple constraint paradigm.

ABC company compares the way they manage projects with the way rival NBC company manages projects.ABC company is engaged in:

A project exists outside of the standard line organization.

Studies of IT projects reveal that:

The MBA redesign committee presents the results of their five-year project to their bemused Dean.They hope it is not just wishful thinking that they are in the:

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

What changes in the business environment have necessitated a greater use of project management skills?

An information system project might be assessed by which of the following criteria?

Atkinson suggests that all groups that are affected by a project,otherwise known as ________,should have a hand in assessing project success.

Which of these factors are essentially complete opposites from an intensity perspective across the project life cycle?

The emergence of global markets has made project management skills more critical.

________ are used to allow organizations to benchmark the best practices of successful project management firms.

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

A typical project stays within functional and organizational boundaries.

The degree of risk associated with the project is at its highest during the ________ stage.

A business reality that makes effective project management critical is the fact that:

The author's synthesis of all well-known maturity models states that moderate project management maturity is characterized by: