Question 1

Omicore Softworks, a software development firm, undertook a project that involved developing a bespoke accounting software for a firm. The project initiated with the project manager spending some time to identify the correct resources. Once this was done, the process of writing the program began. Most of the time was spent on debugging and ensuring that the software worked to the client's specification. The project in this scenario has a(n) _____.

Accepted Answer

A)   J-shaped life cycle
B)   X-shaped life cycle
C)   S-shaped life cycle
D)   L-shaped life cycle
E)   O-shaped life cycle A

Question 2

One can trade-off time and cost when managing a project, but the project's technical specifications must be maintained exactly as the client initially specifies.

Accepted Answer

A) True 
 B)False  False

Question 3

These projects are "blue‐sky," visionary endeavors, oriented toward using newly developed technologies or existing technologies in a new manner.

Accepted Answer

A)   Derivative project
B)   R&D project
C)   High-sky project
D)   Breakthrough project
E)   Platform project B

Question 4

Baketolife, a small bakery that specializes in wedding cakes, undertook a project that required the creation of a large five-tier cake. While the mixture for the cake was easy to make and took less than half a day to prepare, the size of the cake meant that a lot of time was spent ensuring that each cake was cooked all the way through. The project in this scenario has a(n) _____.

Accepted Answer

A)   L-shaped life cycle
B)   X-shaped life cycle
C)   S-shaped life cycle
D)   J-shaped life cycle
E)   O-shaped life cycle

Question 5

The first duty of the project owner and project manager after project approval is to prepare a business case.

Accepted Answer

A) True 
 B)False

Question 6

R&D projects are oriented toward using newly developed technologies or existing technologies in a new manner.

Accepted Answer

A) True 
 B)False

Question 7

Projects are usually large.

Accepted Answer

A) True 
 B)False

Question 8

Which of the following is not a characteristic of a project?

Accepted Answer

A)   They are unique
B)   They are routine
C)   They have specific due date
D)   They have a specific deliverable
E)   They have a purpose

Question 9

Which of the following is not one of the values from the Manifesto for Agile Software Development?

Accepted Answer

A)   Individuals and interactions over processes and tools
B)   Working software over comprehensive documentation
C)   Customer collaboration over contract negotiation
D)   Finishing on time over keeping within the budget
E)   Responding to change over following a plan

Question 10

The ________________________ attempts to link the organization's projects directly to the goals and strategy of the organization.

Accepted Answer

A)   The product-process matrix
B)   The balanced scorecard
C)   The action plan
D)   Project portfolio process
E)   The work breakdown structure

Question 11

The difference between a project and a nonproject is always crystal clear.

Accepted Answer

A) True 
 B)False

Question 12

Briefly describe the two different life cycles of projects.

Accepted Answer

The answer of Briefly describe the two different life cycles...

Question 13

What are the major trends in project management?

Accepted Answer

The answer of What are the major trends in project...

Question 14

Recent research has found that the most effective support from top management during the project front end is adding resources to the project.

Accepted Answer

A) True 
 B)False

Question 15

While general managers have their authority limited to specific areas in the overall organization, project managers have authority over any activity required by the project.

Accepted Answer

A) True 
 B)False

Question 16

Which of the following is an example of lose-lose negotiation?

Accepted Answer

A)   Buying a car from a second-hand car dealership at the asking price
B)   Taking time off from a project to help another team
C)   Disagreeing with a project idea while not providing an alternative
D)   Agreeing to share resources for the benefit of all involved in a project
E)   Discussing a problem with all parties concerned and finding a middle ground

Question 17

These projects typically involve a newer technology than platform projects.

Accepted Answer

A)   Derivative project
B)   R&D project
C)   Blue-sky project
D)   Breakthrough project
E)   High-sky project

Question 18

Projects are characterized by conflict.

Accepted Answer

A) True 
 B)False

Question 19

"Blue Sky" projects are…

Accepted Answer

A)   R & D projects
B)   Platform projects
C)   Breakthrough projects
D)   Derivative projects
E)   High risk projects

Question 20

The comparative benefits method is considered a nonnumeric project selection method.

Accepted Answer

A) True 
 B)False

Exam 1: The World of Project Management

One can trade-off time and cost when managing a project, but the project's technical specifications must be maintained exactly as the client initially specifies.

These projects are "blue‐sky," visionary endeavors, oriented toward using newly developed technologies or existing technologies in a new manner.

The first duty of the project owner and project manager after project approval is to prepare a business case.

R&D projects are oriented toward using newly developed technologies or existing technologies in a new manner.

Projects are usually large.

Which of the following is not a characteristic of a project?

Which of the following is not one of the values from the Manifesto for Agile Software Development?

The ________________________ attempts to link the organization's projects directly to the goals and strategy of the organization.

The difference between a project and a nonproject is always crystal clear.

Briefly describe the two different life cycles of projects.

What are the major trends in project management?

Recent research has found that the most effective support from top management during the project front end is adding resources to the project.

While general managers have their authority limited to specific areas in the overall organization, project managers have authority over any activity required by the project.

Which of the following is an example of lose-lose negotiation?

These projects typically involve a newer technology than platform projects.

Projects are characterized by conflict.

"Blue Sky" projects are…

The comparative benefits method is considered a nonnumeric project selection method.