Question 1

The only component that does NOT exhibit a wave throughout the project life cycle is the:

Accepted Answer

A)  Client interest. 
B)  Resources. 
C)  Creativity. 
D)  Uncertainty.

Question 2

Rank the determinants of project success from most important to least important and justify your rankings.

Accepted Answer

The answer of Rank the determinants of project success from...

Question 3

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

Accepted Answer

A) True 
 B)False

Question 4

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 5

The commitment of financial,human,and technical resources is highest during the:

Accepted Answer

A)  Conceptualization phase. 
B)  Planning phase. 
C)  Execution phase. 
D)  Termination phase.

Question 6

Project management maturity models are NOT used to:

Accepted Answer

A)  Compare practices against an industry standard. 
B)  Define a systematic route for improving project management practices. 
C)  Evaluate current project management practices. 
D)  Ascertain all stakeholders relevant to a project in the conceptualization phase.

Question 7

What is a project?

Accepted Answer

The answer of What is a project?...

Question 8

Describe the project management characteristics of firms that reside at the lowest levels of the ESI,SEI,Center for Business Practice,and Kerzner maturity models and characteristics of firms that reside at the highest levels of these models.

Accepted Answer

The answer of Describe the project management characteristics of firms...

Question 9

The amount of corporate investment is typically at its lowest in the:

Accepted Answer

A)  Conceptualization phase. 
B)  Planning phase. 
C)  Execution phase. 
D)  Termination phase.

Question 10

Pick any organization in the recent business news and provide examples of both project and process work that this company is well known for.

Accepted Answer

The answer of Pick any organization in the recent business...

Question 11

What roles do traditional process management duties of planning,organizing,and controlling play in project management,if any?

Accepted Answer

The answer of What roles do traditional process management duties...

Question 12

Projects are typically ongoing,day-to-day activities that have goods and services as outputs.

Accepted Answer

A) True 
 B)False

Question 13

Which of the following is NOT a project constraint?

Accepted Answer

A)  The budget 
B)  The customer requirements 
C)  The schedule 
D)  The technical specifications

Question 14

The project success criteria that functions as a quality check is:

Accepted Answer

A)  Time. 
B)  Cost. 
C)  Performance. 
D)  Client acceptance.

Question 15

The most recent addition to the four criteria of project success is:

Accepted Answer

A)  Time. 
B)  Cost. 
C)  Performance. 
D)  Client acceptance.

Question 16

The technical challenges that the project has to face are typically at their lowest during the:

Accepted Answer

A)  Conceptualization phase. 
B)  Planning phase. 
C)  Execution phase. 
D)  Termination phase.

Question 17

In the Atkinson model of project success,a project's impact to the surrounding community would be classified as:

Accepted Answer

A)  An element of the iron triangle. 
B)  A stakeholder benefit. 
C)  An organizational benefit. 
D)  A strategic goal.

Question 18

The period of time that is ideal to achieve the success of a new product is the:

Accepted Answer

A)  Moment. 
B)  Launch window. 
C)  Window of opportunity. 
D)  Momentito.

Question 19

Projects differ from classic organizational processes because projects are:

Accepted Answer

A)  Discrete activities. 
B)  Part of line organization. 
C)  Well established systems in place to integrate efforts. 
D)  Multi-objective.

Question 20

What are the three levels of the generic project management maturity model and what are the characteristics of a company at each level? Provide examples of organizations at each of these levels and support your choices.

Accepted Answer

The answer of What are the three levels of the...

Exam 1: Introduction: Why Project Management?

The only component that does NOT exhibit a wave throughout the project life cycle is the:

Rank the determinants of project success from most important to least important and justify your rankings.

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

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

The commitment of financial,human,and technical resources is highest during the:

Project management maturity models are NOT used to:

What is a project?

Describe the project management characteristics of firms that reside at the lowest levels of the ESI,SEI,Center for Business Practice,and Kerzner maturity models and characteristics of firms that reside at the highest levels of these models.

The amount of corporate investment is typically at its lowest in the:

Pick any organization in the recent business news and provide examples of both project and process work that this company is well known for.

What roles do traditional process management duties of planning,organizing,and controlling play in project management,if any?

Projects are typically ongoing,day-to-day activities that have goods and services as outputs.

Which of the following is NOT a project constraint?

The project success criteria that functions as a quality check is:

The most recent addition to the four criteria of project success is:

The technical challenges that the project has to face are typically at their lowest during the:

In the Atkinson model of project success,a project's impact to the surrounding community would be classified as:

The period of time that is ideal to achieve the success of a new product is the:

Projects differ from classic organizational processes because projects are:

What are the three levels of the generic project management maturity model and what are the characteristics of a company at each level? Provide examples of organizations at each of these levels and support your choices.