Question 1
2 out of 2 points
In the _____________ stage of the project life cycle you are more likely to find status
reports, changes, and the creation of forecasts.
Selected
Answer: Executing
Response
Feedback: You are more likely to find status reports, changes and the creation of
forecasts in the executing stage of the project life cycle.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Learning Objective: What is a Project?
Level of Difficulty: 2 Medium
Question 2
2 out of 2 points
Smaller projects in larger organizations tend not to need project management skills.
Selected
Answer:
Fals
e
Response
Feedback: Many small projects can eat up the people resources of a firm and
represent hidden costs not measured in the accounting system.
Organizations with many small projects going on concurrently face the
most difficult project management problems.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Learning Objective: Current Drivers of Project Management
Level of Difficulty: 2 Medium
Question 3
2 out of 2 points
In the _____________ stage of the project life cycle the project's schedule and
budget will be determined.
Selected
Answer: Planning
Response
Feedback: The schedule and budget are determined in the planning stage of the
project life cycle.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Learning Objective: What is a Project?
Level of Difficulty: 2 Medium
Question 4
2 out of 2 points
Which of the following is NOT a reason why project management has become a
standard way of doing business?
Selected
Answer: Organizations are doing more project work in-house instead of
outsourcing
Response
Feedback
:
One of the most significant driving forces behind the demand for project
management is corporate downsizing. This has also led to a change in
the way organizations approach projects. Companies outsource
significant segments of project work, and project managers have to
manage not only their own people but also their counterparts in different
organizations.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Learning Objective: Current Drivers of Project Management
Level of Difficulty: 2 Medium
Question 5
2 out of 2 points
Project governance does NOT include
Selected
Answer: Allowing project managers to plan the project the way they see fit.
Response
Feedback: Project governance includes the centralization of project management
processes and practices. This involves setting standards for project
selection and overseeing project management activities, which results in
options for continuous improvement.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Learning Objective: Project Governance
Level of Difficulty: 3 Hard
Question 6
2 out of 2 points
Since a construction company builds many buildings, the buildings built after the first
do not fit the definition of a project.
Selected
Answer:
Fals
e
Response
Feedback: All projects are nonroutine and have some unique elements. Not all
buildings will be built on the same space or use the same materials.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Learning Objective: What is a Project?
Level of Difficulty: 2 Medium
Question 7
2 out of 2 points
One of the most significant driving forces behind the demand for project
management is the ever increasing lengthening of the product life cycle.
Selected
Answer:
Fals
e
Response
Feedback: One of the most significant driving forces behind the demand for project
management is the shortening of the product life cycle.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Learning Objective: Current Drivers of Project Management
Level of Difficulty: 2 Medium
Question 8
2 out of 2 points
Which dimension of project management centers on creating a temporary social
system within a larger organizational environment that combines the talents of a
divergent set of professionals working to complete the project?
Selected
Answer: Sociocultural
Response
Feedback: The sociocultural dimension of project management centers on creating
a temporary social system that supports the project.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Learning Objective: Project Management Today-A Socio-Technical
Approach
Level of Difficulty: 2 Medium
Question 9
2 out of 2 points
The professional certification for project managers is a Project Management
Professional (PMP).
Selected
Answer:
Tru
e
Response
Feedback
:
PMI provides certification as a Project Management Professional (PMP)
—someone who has documented sufficient project experience, agreed to
follow the PMI code of professional conduct, and demonstrated mastery
of the field of project management by passing a comprehensive
examination. See Snapshot: The Project Management Institute.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Remember
Learning Objective: What is a Project?
Level of Difficulty: 1 Easy
Question 10
2 out of 2 points
Which of these is NOT part of the "sociocultural dimension" of project management?
Selected
Answer: Resource allocation
Response
Feedback: The sociocultural dimension includes negotiation, managing customer
expectations, leadership and dealing with politics. Resource allocation is
part of the technical dimension of project management.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Learning Objective: Project Management Today-A Socio-Technical
Approach
Level of Difficulty: 2 Medium
Question 11
2 out of 2 points
In the _____________ stage of the project life cycle, a major portion of the physical
project work performed.
Selected
Answer: Executing
Response
Feedback: A major portion of the project work takes place—both physical and
mental—in the executing stage.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Learning Objective: What is a Project?
Level of Difficulty: 2 Medium
Question 12
2 out of 2 points
Which of the following is NOT typical of a project manager?
Selected
Answer: Overseeing existing operations
Response
Feedback: Project managers manage temporary, nonrepetitive activities unlike
functional managers who manage existing operations.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Apply
Learning Objective: What is a Project?
Level of Difficulty: 2 Medium
Question 13
2 out of 2 points
In the _____________ stage of the project life cycle project the product is delivered
to the customer and resources are reassigned.
Selected
Answer: Closing
Response
Feedback: The product is delivered and project resources are reassigned in the
closing stage of the product life cycle.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Learning Objective: What is a Project?
Level of Difficulty: 1 Easy
Question 14
2 out of 2 points
A professional organization for project management specialists is the
Selected
Answer: PMI.
Response
Feedback: The Project Management Institute (PMI) is a professional organization
for project managers.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Remember
Learning Objective: What is a Project?
Level of Difficulty: 1 Easy
Question 15
2 out of 2 points
Because of the requirement for in-depth expertise, project management is generally
restricted to specialists.
Selected
Answer:
Fals
e
Response
Feedback: Unlike their functional counterparts, project managers generally
possess only rudimentary technical knowledge.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Learning Objective: What is a Project?
Level of Difficulty: 1 Easy
Question 16
2 out of 2 points
Which of the following is NOT considered to be a characteristic of a project?
Selected
Answer: For internal use only
Response
Feedback: Projects have an established objective, a defined life span, the
involvement of several departments and professionals, is something that
has never been done before, and it has specific time, cost and
performance requirements.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Apply
Learning Objective: What is a Project?
Level of Difficulty: 2 Medium
Question 17
2 out of 2 points
Successful project managers focus primarily on technical dimensions of project
management, which include planning, scheduling, and controlling projects.
Selected
Answer:
Fals
e
Response
Feedback: Project managers must master both the technical and the sociocultural
aspects of project management in order to be successful.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Learning Objective: Project Management Today-A Socio-Technical
Approach
Level of Difficulty: 2 Medium
Question 18
2 out of 2 points
Project management is ideally suited for a business environment requiring all of the
following EXCEPT
Selected
Answer: Repeatability.
Response
Feedback: Competing in a global market influenced by rapid change, innovation,
and time to market means organizations manage more and more
projects.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Learning Objective: Project Governance
Level of Difficulty: 2 Medium
Question 19
2 out of 2 points
One of the defining characteristics of project management is that the projects are not
confined to a single department but involve several departments and professionals.
Selected
Answer:
Tru
e
Response
Feedback: One of the major characteristics is the involvement of several
departments and professionals.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Learning Objective: What is a Project?
Level of Difficulty: 1 Easy
Question 20
2 out of 2 points
Not only is project management critical to many careers, the skill set is transferable
across most businesses and professions.
Selected
Answer:
Tru
e
Response
Feedback: At its core, project management fundamentals are universal.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Learning Objective: What is a Project?
Level of Difficulty: 1 Easy
Question 21
2 out of 2 points
Small business development is a major driver of project management.
Selected
Answer:
Fals
e
Response
Feedback: Compression of the product life cycle, knowledge explosion, triple bottom
line, corporate downsizing, increased customer focus, and small projects
represent big problems and are the major drivers of project
management.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Learning Objective: Current Drivers of Project Management
Level of Difficulty: 1 Easy
Question 22
2 out of 2 points
Project management appears to be ideally suited for a business environment
requiring accountability, flexibility, innovation and repeatability.
Selected
Answer:
Fals
e
Response
Feedback: Project management appears to be ideally suited for a business
environment requiring accountability, flexibility, innovation, speed and
continuous improvement.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Learning Objective: Current Drivers of Project Management
Level of Difficulty: 1 Easy
Question 23
2 out of 2 points
Due to corporate downsizing, significant segments of project work have been
outsourced to other organizations.
Selected
Answer:
Tru
e
Response
Feedback
:
Corporate downsizing has also led to a change in the way organizations
approach projects. Companies outsource significant segments of project
work, and project managers have to manage not only their own people
but also their counterparts in different organizations.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Learning Objective: Current Drivers of Project Management
Level of Difficulty: 1 Easy
Question 24
2 out of 2 points
Two dimensions within the project management process are
Selected
Answer: Technical and sociocultural.
Response
Feedback: There are two dimensions within the actual execution of projects. These
include the technical dimension and the sociocultural dimension.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Remember
Learning Objective: Project Management Today-A Socio-Technical
Approach
Level of Difficulty: 1 Easy
Question 25
2 out of 2 points
Corporate downsizing has increased the trend toward
Selected
Answer: Outsourcing significant segments of project work.
Response
Feedback: Companies outsource significant segments of project work, and project
managers have to manage not only their own people but also their
counterparts in different organizations.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Learning Objective: Current Drivers of Project Management
Level of Difficulty: 2 Medium
Friday, March 22, 2019 12:44:40 PM EDT
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