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Solutions Manual Test Bank For Project Management: The Managerial Process 8th Edition by Larson Solutions Manual Test Bank For Project Management: The Managerial Process 8th Edition by Larson

The document provides solutions to multiple choice questions about project management concepts from a textbook. It defines key terms like what constitutes a project versus routine operations. The questions cover topics like the characteristics of a project, examples of projects, and the stages in a project life cycle. The solutions identify the correct multiple choice answer and provide a reference and learning objective for each question.

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50% found this document useful (2 votes)
1K views

Solutions Manual Test Bank For Project Management: The Managerial Process 8th Edition by Larson Solutions Manual Test Bank For Project Management: The Managerial Process 8th Edition by Larson

The document provides solutions to multiple choice questions about project management concepts from a textbook. It defines key terms like what constitutes a project versus routine operations. The questions cover topics like the characteristics of a project, examples of projects, and the stages in a project life cycle. The solutions identify the correct multiple choice answer and provide a reference and learning objective for each question.

Uploaded by

HBH
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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lOMoARcPSD|6602862

Solutions Manual Test Bank For Project Management: The


Managerial Process 8th Edition By Larson
Project Management (New York University)

StuDocu is not sponsored or endorsed by any college or university


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1. Award: 10.00 points

MC Qu. 01 (Static) Which of the following choices...

om
Which of the following choices is a professional organization for project managers?

l.c
 PMI.

 AMA.

ai
 MIS.

 IPM.
gm
 PMBOK.

The Project Management Institute (PMI) is a professional organization for project managers.
b@

References

Multiple Choice Difficulty: 1 Easy


hu

MC Qu. 01 Learning Objective:


(Static) Which of 01-01 Understand
the following why project
choices... management (PM) is
crucial in today's
tb

world.
sm

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 2. Award: 10.00 points  

MC Qu. 02 (Static) Which of the choices listed below...

Which of the choices listed below is NOT considered to be a characteristic of a project?

om
 An established objective

 A clear beginning and end

 Specific time, cost and performance requirements

l.c
 For internal use only

 Something never been done by a particular company before

ai
Projects have an established objective, a defined life span, the involvement of several departments and
gm
professionals, is something that has never been done before, and have specific time, cost and
performance requirements.

References
b@

Multiple Choice Difficulty: 3 Hard

MC Qu. 02 Learning Objective:


(Static) Which of 01-02 Distinguish a
the choices project from routine
listed below... operations.
hu
tb
sm

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 3. Award: 10.00 points
 

MC Qu. 03 (Static) Which of the choices listed below is...

Which of the choices listed below is NOT considered a project?

om
 Developing a new software program

 Designing a space station

 Preparing the site for the Olympic Games

l.c
 Production of automobile tires

 Developing a new advertising program

ai
A project is not routine, repetitive work! Ordinary daily work typically requires doing the same or similar
gm
work over and over, while a project is done only once; a new product or service exists when the project
is completed.

References
b@

Multiple Choice Difficulty: 2 Medium

MC Qu. 03 Learning Objective:


(Static) Which of 01-02 Distinguish a
the choices project from routine
listed below is... operations.
hu
tb
sm

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 4. Award: 10.00 points  

MC Qu. 04 (Static) Which of the following activities is...

Which of the following activities is the best example of a project?

om
 Processing insurance claims

 Producing automobiles

 Writing a policy manual

l.c
 Monitoring product quality

 Overseeing customer requests

ai
A project is not routine, repetitive work! Ordinary daily work typically requires doing the same or similar
gm
work over and over, while a project is done only once; a new product or service exists when the project
is completed.

References
b@

Multiple Choice Difficulty: 2 Medium

MC Qu. 04 Learning Objective:


(Static) Which of 01-02 Distinguish a
the following project from routine
activities is... operations.
hu
tb
sm

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 5. Award: 10.00 points
 

MC Qu. 05 (Static) Which of the following is NOT...

Which of the following is NOT one of the stages of a project life cycle?

om
 Identifying

 Defining

 Planning

l.c
 Executing

 Closing

ai
A project life cycle passes sequentially through four stages: defining, planning, executing and closing.
gm
References

Multiple Choice Difficulty: 1 Easy


b@

MC Qu. 05 Learning Objective:


(Static) Which of 01-03 Identify the
the following is different stages of a
NOT... project life cycle.
hu
tb
sm

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 6. Award: 10.00 points  

MC Qu. 06 (Static) In which stage of the project life cycle...

In which stage of the project life cycle are project objectives established, teams formed, and major
responsibilities assigned?

om
 Identifying

 Defining

l.c
 Planning

 Executing

ai
 Closing

gm
Specifications of the project are defined; project objectives are established; teams are formed; major
responsibilities are assigned in the defining stage.

References
b@

Multiple Choice Difficulty: 1 Easy

MC Qu. 06 Learning Objective:


(Static) In which 01-03 Identify the
stage of the different stages of a
project life project life cycle.
hu

cycle...
tb
sm

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 7. Award: 10.00 points
 

MC Qu. 07 (Static) In which stage of the project life...

In which stage of the project life cycle is a major portion of the actual project work performed?

om
 Identifying

 Defining

 Planning

l.c
 Executing

 Closing

ai
A major portion of the project work takes place—both physical and mental—in the executing stage.
gm
References

Multiple Choice Difficulty: 2 Medium


b@

MC Qu. 07 Learning Objective:


(Static) In which 01-03 Identify the
stage of the different stages of a
project life... project life cycle.
hu
tb
sm

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 8. Award: 10.00 points  

MC Qu. 08 (Static) In which stage of the project life cycle...

In which stage of the project life cycle are you more likely to find status reports, changes, and the
creation of forecasts?

om
 Identifying

 Defining

l.c
 Planning

 Executing

ai
 Closing

gm
You are more likely to find status reports, changes and the creation of forecasts in the executing stage
of project life cycle.

References
b@

Multiple Choice Difficulty: 2 Medium

MC Qu. 08 Learning Objective:


(Static) In which 01-03 Identify the
stage of the different stages of a
project life project life cycle.
hu

cycle...
tb
sm

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 9. Award: 10.00 points  

MC Qu. 09 (Static) In which stage of the project life cycle...

In which stage of the project life cycle is the project’s schedule and budget determined?

om
 Identifying

 Defining

 Planning

l.c
 Executing

 Closing

ai
The schedule and budget are determined in the planning stage of project life cycle.
gm
References

Multiple Choice Difficulty: 2 Medium


b@

MC Qu. 09 Learning Objective:


(Static) In which 01-03 Identify the
stage of the different stages of a
project life project life cycle.
cycle...
hu
tb
sm

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 10. Award: 10.00 points  

MC Qu. 10 (Static) In which stage of the project life cycle...

In which stage of the project life cycle is the product of the project delivered to the customer and
resources are released from the project?

om
 Identifying

 Defining

l.c
 Planning

 Executing

ai
 Closing

gm
The product is delivered and project resources are reassigned in the closing stage of the project life
cycle.

References
b@

Multiple Choice Difficulty: 2 Medium

MC Qu. 10 Learning Objective:


(Static) In which 01-03 Identify the
stage of the different stages of a
project life project life cycle.
hu

cycle...
tb
sm

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 11. Award: 10.00 points
 

MC Qu. 11 (Static) Which of the following is NOT...

Which of the following is NOT typical of a project manager?

om
 Managing a temporary activity

 Overseeing existing operations

 Managing a nonrepetitive activity

l.c
 Responsible for time, cost and performance trade-offs

 Work with a group of outsiders, including vendors and suppliers

ai
Project managers manage temporary, non-repetitive activities unlike functional managers who manage
gm
existing operations

References

Multiple Choice Difficulty: 3 Hard


b@

MC Qu. 11 (Static) Learning Objective:


Which of the 01-02 Distinguish a
following is project from routine
NOT... operations.
hu
tb
sm

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 12. Award: 10.00 points
 

MC Qu. 12 (Static) Which of the following is NOT...

Which of the following is NOT one of the driving forces behind the increasing demand for project
management?

om
 Compression of the product life cycle

 Knowledge explosion

l.c
 Increasing need for concurrent multi-project management

 Declining need for product customization

ai
 More sustainable business practices

gm
An increase in need for product customization is a driving force behind the increasing demand for
project management.

References
b@

Multiple Choice Difficulty: 2 Medium

MC Qu. 12 Learning Objective:


(Static) Which of 01-01 Understand
the following is why project
NOT... management (PM) is
hu

crucial in today's
world.
tb
sm

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 13. Award: 10.00 points
 

MC Qu. 13 (Static) Project management is ideally suited for...

Project management is ideally suited for a business environment requiring all of the following EXCEPT

om
 Accountability.

 Flexibility.

 Innovation.

l.c
 Speed.

 Repeatability.

ai
Competing in a global market influenced by rapid change, innovation, and time to market means
gm
organizations manage more and more projects.

References

Multiple Choice Difficulty: 2 Medium


b@

MC Qu. 13 (Static) Learning Objective:


Project 01-02 Distinguish a
management is project from routine
ideally suited operations.
for...
hu
tb
sm

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 14. Award: 10.00 points
 

MC Qu. 14 (Static) Which dimension of project management centers...

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

om
complete the project?

 Communication

 Sociocultural

l.c
 Social

 Technical

ai
 Scheduling
gm
The sociocultural dimension of project management centers on creating a temporary social system that
supports the project.

References
b@

Multiple Choice Difficulty: 2 Medium

MC Qu. 14 (Static) Learning Objective:


Which dimension 01-05 Understand
of project that managing
hu

management projects involves


centers... balancing the
technical and
sociocultural
dimensions of the
tb

project.
sm

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 15. Award: 10.00 points
 

MC Qu. 15 (Static) Which of the following statements is...

Which of the following statements is true?

om
 Project management is far from a standard way of doing business.

 Project management is increasingly contributing to achieving organizational strategies.

 Project management is being used at a consistent percentage of a firm's efforts.

l.c
 Project management is a specialty that few organizations have access to.

 All of these statements are false.

ai
Project management is rapidly becoming a standard way of doing business. The future promises an
gm
increase in the importance and the role of projects in contributing to the strategic direction of
organizations.

References
b@

Multiple Choice Difficulty: 2 Medium

MC Qu. 15 Learning Objective:


(Static) Which of 01-02 Distinguish a
the following project from routine
statements is... operations.
hu
tb
sm

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 16. Award: 10.00 points
 

MC Qu. 16 (Static) People who are part of the project team...

People who are part of the project team need to understand project management because they

om
 Work with others to create a schedule and budget.

 Need to understand project priorities so they can make independent decisions.

 Need to be able to monitor and report project progress.

l.c
 Need to understand the project charter or scope statement that defines the objectives and
parameters of the project.

ai
 All of these are reasons it is important for project team members to understand project
management.
gm
Project members are expected to use project management tools and concepts such as working as a
team to create a budget or schedule and be able to monitor project progress. They also need to be
able to understand project priorities and parameters.
b@

References

Multiple Choice Difficulty: 2 Medium

MC Qu. 16 Learning Objective:


(Static) People 01-01 Understand
hu

who are part of why project


the project management (PM) is
team... crucial in today's
world.
tb
sm

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 17. Award: 10.00 points
 

MC Qu. 17 (Static) The two dimensions within project...

The two dimensions within project management processes are

om
 Technical and sociocultural.

 Cost and time.

 Planned and unexpected.

l.c
 Established and new.

 Unique and reoccurring.

ai
There are two dimensions within the actual execution of projects. These include the technical
gm
dimension and the sociocultural dimension.

References

Multiple Choice Difficulty: 1 Easy


b@

MC Qu. 17 (Static) Learning Objective:


The two 01-05 Understand
dimensions that managing
within project... projects involves
balancing the
hu

technical and
sociocultural
dimensions of the
project.
tb
sm

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 18. Award: 10.00 points  

MC Qu. 18 (Static) Which of these is NOT part...

Which of these is NOT part of the "technical dimension" of project management?

om
 WBS

 Budgets

 Problem solving

l.c
 Schedules

 Status reports

ai
The technical dimension includes developing the WBS, budgets, schedules and status reports. Problem
gm
solving would be a part of the sociocultural dimension.

References

Multiple Choice Difficulty: 2 Medium


b@

MC Qu. 18 Learning Objective:


(Static) Which of 01-05 Understand
these is NOT that managing
part... projects involves
balancing the
hu

technical and
sociocultural
dimensions of the
project.
tb
sm

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 19. Award: 10.00 points
 

MC Qu. 19 (Static) Which of these is NOT part...

Which of these is NOT part of the "sociocultural dimension" of project management?

om
 Negotiation

 Resource allocation

 Managing customer expectations

l.c
 Leadership

 Dealing with politics

ai
The sociocultural dimension includes negotiation, managing customer expectations, leadership and
gm
dealing with politics. Resource allocation is part of the technical dimension of project management.

References

Multiple Choice Difficulty: 2 Medium


b@

MC Qu. 19 Learning Objective:


(Static) Which of 01-05 Understand
these is NOT that managing
part... projects involves
balancing the
hu

technical and
sociocultural
dimensions of the
project.
tb
sm

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 20. Award: 10.00 points
 

MC Qu. 20 (Static) Which of the following is NOT...

Which of the following is NOT a reason why project management has become a standard way of doing
business?

om
 Increased need for skilled management of stakeholders outside of organization.

 Projects need to be done faster.

l.c
 Organizations are doing more project work in-house instead of outsourcing.

 Organizations are executing more and more projects.

ai
 Increased product complexity and innovation.

gm
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.
b@

References

Multiple Choice Difficulty: 2 Medium

MC Qu. 20 Learning Objective:


(Static) Which of 01-02 Distinguish a
hu

the following is project from routine


NOT... operations.
tb
sm

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 21. Award: 10.00 points
 

MC Qu. 21 (Static) Which of the following is typically...

Which of the following is typically the responsibility of a project manager?

om
 Meeting budget requirements

 Meeting schedule requirements

 Meeting performance specifications

l.c
 Coordinating the actions of the team members

 All of these are typical responsibilities

ai
Project managers must ensure that appropriate trade-offs are made between the time, cost, and
gm
performance requirements of the project.

References

Multiple Choice Difficulty: 2 Medium


b@

MC Qu. 21 Learning Objective:


(Static) Which of 01-02 Distinguish a
the following is project from routine
typically... operations.
hu
tb
sm

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 22. Award: 10.00 points  

MC Qu. 22 (Static) A series of coordinated, related, multiple...

A series of coordinated, related, multiple projects that continue over an extended time period and are
intended to achieve a goal is known as a

om
 Strategy.

 Program.

l.c
 Campaign.

 Crusade.

ai
 Venture.

gm
A program is a group of related projects designed to accomplish a common goal over an extended
period of time.

References
b@

Multiple Choice Difficulty: 1 Easy

MC Qu. 22 Learning Objective:


(Static) A series 01-02 Distinguish a
of coordinated, project from routine
related, operations.
hu

multiple...
tb
sm

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 23. Award: 10.00 points  

MC Qu. 23 (Static) Which of the following is NOT...

Which of the following is NOT true about project management?

om
 It is not limited to the private sector.

 Many opportunities are available for individuals interested in this career path.

 It improves one's ability to plan, implement and manage activities to accomplish specific

l.c
organizational objectives.

 It focuses primarily on technical processes.

ai
 It is a set of tools.

gm
Project management is more than a set of tools; it also focuses on building collaborative relationships
among a diverse cast of individuals.

References
b@

Multiple Choice Difficulty: 2 Medium

MC Qu. 23 Learning Objective:


(Static) Which of 01-05 Understand
the following is that managing
NOT... projects involves
hu

balancing the
technical and
sociocultural
dimensions of the
project.
tb
sm

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 24. Award: 10.00 points
 

MC Qu. 24 (Static) As the number of small projects...

As the number of small projects increase within an organization's portfolio, what is a challenge an
organization faces?

om
 Sharing resources

 Measuring efficiency

l.c
 Managing risk

 Prioritizing projects

ai
 All of these are challenges

gm
Many firms have no idea of the problems that can result from inefficient management of small projects.
These include sharing resources, measuring efficiency, managing risk and being able to prioritize
projects.

References
b@

Multiple Choice Difficulty: 3 Hard

MC Qu. 24 Learning Objective:


(Static) As the 01-03 Identify the
number of small different stages of a
hu

projects... project life cycle.


tb
sm

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 25. Award: 10.00 points  

MC Qu. 25 (Static) Which of the following is a...

Which of the following is a good example of a program?

om
 Planting a garden

 Developing a new residential area that includes six custom homes

 Developing a new marketing plan

l.c
 Taking notes each class meeting to prepare for the final

 Planning a wedding

ai
A program is a group of related projects designed to accomplish a common goal over an extended
gm
period of time.

References

Multiple Choice Difficulty: 3 Hard


b@

MC Qu. 25 Learning Objective:


(Static) Which of 01-02 Distinguish a
the following is project from routine
a... operations.
hu
tb
sm

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 26. Award: 10.00 points  

MC Qu. 26 (Static) Which of the following represents the...

Which of the following represents the correct order of stages within the project life cycle?

om
 Planning, Defining, Executing, Closing

 Closing, Planning, Defining, Executing

 Defining, Planning, Executing, Closing

l.c
 Executing, Defining, Planning, Closing

 Planning, Defining, Closing, Executing

ai
A project life cycle passes sequentially through four stages: defining, planning, executing, and closing.
gm
References

Multiple Choice Difficulty: 1 Easy


b@

MC Qu. 26 Learning Objective:


(Static) Which of 01-03 Identify the
the following different stages of a
represents the... project life cycle.
hu
tb
sm

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 27. Award: 10.00 points  

MC Qu. 27 (Static) Project Management is a style that...

Project Management is a style that places a premium on

om
 building relationships.

 including a diverse set of talent.

 maintenance operations.

l.c
 building relationships and including a diverse set of talent.

 extensive testing only.

ai
Without encouraging solid working relationships among a diverse set of personnel, the project has not
gm
hope of being guided to a successful completion.

References

Multiple Choice Difficulty: 1 Easy


b@

MC Qu. 27 Learning Objective:


(Static) Project 01-02 Distinguish a
Management is a project from routine
style that... operations.
hu
tb
sm

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 28. Award: 10.00 points  

MC Qu. 28 (Static) A project...

A project does not include

om
 unique elements.

 a specific objective.

 repetitive, same or similar work.

l.c
 creating a new product or service.

 developing a new process.

ai
Repetitive work means that the solution has been made for "operational work", meaning that it can be
gm
repeated with a non-specialized skill set.

References

Multiple Choice Difficulty: 1 Easy


b@

MC Qu. 28 Learning Objective:


(Static) A 01-02 Distinguish a
project... project from routine
operations.
hu
tb
sm

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 29. Award: 10.00 points  

MC Qu. 29 (Static) A project...

A project life cycle

om
 will only ever consist of four phases.

 must be dogmatically followed.

 reduces the amount of planning necessary.

l.c
 can vary based on the industry.

 will always have a phase called ‘visioning’.

ai
It is very probable that even different organizations within the same industry may have slightly different
gm
approaches to a type of project that may allow a competitive advantage.

References

Multiple Choice Difficulty: 2 Medium


b@

MC Qu. 29 Learning Objective:


(Static) A 01-03 Identify the
project... different stages of a
project life cycle.
hu
tb
sm

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 30. Award: 10.00 points  

MC Qu. 30 (Static) Project...

Project Managers are

om
 ultimately responsible for performance.

 not timid.

 a direct link to the customer.

l.c
 able to multitask.

 all of these.

ai
Begin responsible for an entire project carries a lot of career risk that must be managed. In order to
gm
manage that correctly, one must be confident and have a direct connection with the customer.

References

Multiple Choice Difficulty: 2 Medium


b@

MC Qu. 30 Learning Objective:


(Static) Project... 01-03 Identify the
different stages of a
project life cycle.
hu
tb
sm

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 31. Award: 10.00 points  

MC Qu. 31 (Static) Project management is...

Project management is being driven by

om
 elevated profit motive.

 knowledge explosion.

 increased customer focus.

l.c
 more projects being done in-house.

 knowledge explosion and increased customer focus.

ai
Due to the amount of information available and the subsequent ability for a customer to synthesize that
gm
information into knowledge, the successful organization will focus their project efforts based on
feedback from their customer base.

References
b@

Multiple Choice Difficulty: 1 Easy

MC Qu. 31 (Static) Learning Objective:


Project 01-02 Distinguish a
management is... project from routine
operations.
hu
tb
sm

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 32. Award: 10.00 points  

MC Qu. 32 (Static) Project management is...

Project management is not limited to the __________ sector.

om
 universal

 private

 global

l.c
 international

 business and government

ai
Project management is also a vehicle for doing good deeds and solving social problems.
gm
References

Multiple Choice Difficulty: 1 Easy


b@

MC Qu. 32 Learning Objective:


(Static) Project 01-02 Distinguish a
management is... project from routine
operations.
hu
tb
sm

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 33. Award: 10.00 points
 

MC Qu. 33 (Static) A project life cycle is characterized...

A project life cycle is characterized as made up of stages. The initial stage in the project life cycle is the
__________ stage.

om
 conceptual

 closing

l.c
 defining

 planning

ai
 executing

gm
Specifications of the project are defined; project objectives are established; teams are formed; major
responsibilities are assigned in the defining stage of project life cycle.

References
b@

Multiple Choice Difficulty: 1 Easy

MC Qu. 33 Learning Objective:


(Static) A project 01-03 Identify the
life cycle is different stages of a
characterized... project life cycle.
hu
tb
sm

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 34. Award: 10.00 points
 

MC Qu. 34 (Static) A project life cycle is characterized as...

A project life cycle is characterized as made up of stages. The final stage in the project life cycle is the
__________ stage.

om
 conceptual

 closing

l.c
 defining

 planning

ai
 executing

gm
Closing includes three activities: delivering the project product to the customer, redeploying project
resources, and post-project review.

References
b@

Multiple Choice Difficulty: 1 Easy

MC Qu. 34 Learning Objective:


(Static) A project 01-03 Identify the
life cycle is different stages of a
characterized project life cycle.
hu

as...
tb
sm

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 35. Award: 10.00 points  

MC Qu. 35 (Static) Like many other professions such as...

Like many other professions such as accounting, marketing and finance, there is a professional
organization for project managers. One professional organization for project managers has grown from

om
93,000 in 2002 to more than 565,000 currently and is the ___________.

 Institute for Project Managers

 Society for Project Professionals and Project Managers

l.c
 Organization for Project Managers and Professionals

 Project Management Institute (PMI)

ai
 The Union of Project Professionals
gm
The Project Management Institute (PMI) is a professional organization for project managers.

References
b@

Multiple Choice Difficulty: 1 Easy

MC Qu. 35 Learning Objective:


(Static) Like many 01-01 Understand
other why project
professions such management (PM) is
hu

as... crucial in today's


world.
tb
sm

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 36. Award: 10.00 points  

MC Qu. 36 (Static) A project life cycle is...

A project life cycle is characterized as made up of stages. A major part of the project work, both
physical and mental, takes place in the ___________ stage of the project life cycle.

om
 conceptual

 closing

l.c
 defining

 planning

ai
 executing

gm
A major portion of the project work—both physical and mental—takes place during the executing stage
of project life cycle.

References
b@

Multiple Choice Difficulty: 2 Medium

MC Qu. 36 Learning Objective:


(Static) A project 01-03 Identify the
life cycle is... different stages of a
project life cycle.
hu
tb
sm

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 37. Award: 10.00 points  

MC Qu. 37 (Static) Any project life cycle is made...

Any project life cycle is made up of stages. The project's schedule and budget will be determined in the
___________ stage of the project life cycle.

om
 conceptual

 closing

l.c
 defining

 planning

ai
 executing

gm
During the planning stage, the level of effort increases, and plans are developed to determine what the
project will entail, when it will be scheduled, whom it will benefit, what quality level should be
maintained, and what the budget will be.

References
b@

Multiple Choice Difficulty: 2 Medium

MC Qu. 37 Learning Objective:


(Static) Any 01-03 Identify the
project life cycle different stages of a
hu

is made... project life cycle.


tb
sm

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 38. Award: 10.00 points
 

MC Qu. 38 (Static) This first chapter introduced...

This first chapter introduced some of the most rudimentary aspects of the discipline, including
definitions. A temporary endeavor undertaken to create a unique product, service, or result is a(n)

om
_________.

 project

 activity

l.c
 task

 undertaking

ai
 All of these.
gm
As defined by the PMI, a project is a temporary endeavor undertaken to create a unique product,
service or result.

References
b@

Multiple Choice Difficulty: 1 Easy

MC Qu. 38 Learning Objective:


(Static) This first 01-02 Distinguish a
chapter project from routine
hu

introduced... operations.
tb
sm

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 39. Award: 10.00 points
 

MC Qu. 39 (Static) The product life cycle must...

The product life cycle must be understood as totally different from the project life cycle. In today's high-
tech industries the product life cycle is averaging _________ to 3 years.

om
 1 year

 6 months

l.c
 18 months

 3 months

ai
 9 months

gm
Today in high-tech industries the product life cycle is averaging 6 months to 3 years. Only 30 years ago,
life cycles of 10 to 15 years were not uncommon.

References
b@

Multiple Choice Difficulty: 1 Easy

MC Qu. 39 Learning Objective:


(Static) The 01-03 Identify the
product life cycle different stages of a
must... project life cycle.
hu
tb
sm

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 40. Award: 10.00 points
 

MC Qu. 40 (Static) For companies of...

For companies of moderate-to-large size, it is not unusual to have hundreds of small projects ongoing
concurrently. The advent of many small projects has created the need for an organization that can

om
support __________ management.

 multi-project

 program

l.c
 concurrent

 portfolio

ai
 product
gm
This climate has created a multi-project environment and a plethora of new problems. Sharing and
prioritizing resources across a portfolio of projects is a major challenge for senior management.

References
b@

Multiple Choice Difficulty: 2 Medium

MC Qu. 40 Learning Objective:


(Static) For 01-01 Understand
companies of... why project
hu

management (PM) is
crucial in today's
world.
tb
sm

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 41. Award: 10.00 points  

MC Qu. 41 (Static) In today’s customer-focused...

In today’s customer-focused organizations, the customer is recognized as the final authority of what
constitutes quality. Nevertheless, customer tastes and feature preferences vary from customer to

om
customer. Increased competition has placed a premium on customer satisfaction and the development
of __________ products and services.

 unique

l.c
 quality

 customized

ai
 creative

 consistent gm
Customers want customized products and services that cater to their specific needs.

References
b@

Multiple Choice Difficulty: 2 Medium

MC Qu. 41 (Static) Learning Objective:


In today’s 01-01 Understand
customer- why project
hu

focused... management (PM) is


crucial in today's
world.
tb
sm

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 42. Award: 10.00 points
 

MC Qu. 42 (Static) Project managers employ lots...

Project managers employ lots of useful tools, many supported by software. WBS, schedules, and
budgets are tools taken from the _________ dimension of the project management process.

om
 sociocultural

 soft skills

l.c
 technical

 tools

ai
 planning

gm
The technical dimension includes developing the WBS, budgets, schedules and status reports. The
sociocultural dimension includes leadership, negotiation, teamwork and problem solving.

References
b@

Multiple Choice Difficulty: 2 Medium

MC Qu. 42 Learning Objective:


(Static) Project 01-05 Understand
managers that managing
employ lots... projects involves
hu

balancing the
technical and
sociocultural
dimensions of the
project.
tb
sm

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 43. Award: 10.00 points  

MC Qu. 43 (Static) Project managers must have many...

Project managers must have many competencies, among them leadership, teamwork and negotiation.
Leadership, teamwork, and negotiation are examples of the _________ dimension of the project

om
management process.

 sociocultural

 soft skills

l.c
 technical

 tools

ai
 planning
gm
The technical dimension includes developing the WBS, budgets, schedules and status reports. The
sociocultural dimension includes leadership, negotiation, teamwork and problem solving.

References
b@

Multiple Choice Difficulty: 2 Medium

MC Qu. 43 Learning Objective:


(Static) Project 01-05 Understand
managers must that managing
hu

have many... projects involves


balancing the
technical and
sociocultural
dimensions of the
tb

project.
sm

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 44. Award: 10.00 points
 

MC Qu. 44 (Static) A professional organization...

A professional organization for project managers is the ___________.

om
 Project Management Institute (PMI)

 Institute for Project Managers

 Society for Project Professionals and Project Managers

l.c
 Organization for Project Managers and Professionals

 The Union of Project Professionals

ai
The Project Management Institute (PMI) is a professional organization for project managers.
gm
References

Multiple Choice Difficulty: 1 Easy


b@

MC Qu. 44 Learning Objective:


(Static) A 01-01 Understand
professional why project
organization... management (PM) is
crucial in today's
world.
hu
tb
sm

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 45. Award: 10.00 points  

MC Qu. 45 (Static) One of the defining characteristics...

One of the defining characteristics of a project is that it has a singular purpose, i.e., an established
________.

om
 vision

 objective

l.c
 goal

 mission

ai
 purpose

gm
Projects have a defined objective—whether it is constructing a 12-story apartment complex by January 1
or releasing version 2.0 of a specific software package as quickly as possible.

References
b@

Multiple Choice Difficulty: 1 Easy

MC Qu. 45 Learning Objective:


(Static) One of 01-02 Distinguish a
the defining project from routine
characteristics... operations.
hu
tb
sm

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 46. Award: 10.00 points  

MC Qu. 46 (Static) Because projects have a defined...

Because projects have a defined beginning and end, the ________ is frequently used to manage the
transitions of a project from start to completion.

om
 product life cycle

 project life cycle

l.c
 development life cycle

 transition life cycle

ai
 completion life cycle

gm
A project life cycle typically passes sequentially through four stages: defining, planning, executing, and
delivering.

References
b@

Multiple Choice Difficulty: 3 Hard

MC Qu. 46 Learning Objective:


(Static) Because 01-03 Identify the
projects have a different stages of a
defined... project life cycle.
hu
tb
sm

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 47. Award: 10.00 points
 

MC Qu. 47 (Static) The establishment of project...

The establishment of project goals, specifications, and responsibilities usually occurs in the ________
stage of project life cycle.

om
 defining

 planning

l.c
 executing

 conceptual

ai
 closing

gm
Specifications of the project are defined; project objectives are established; teams are formed; major
responsibilities are assigned during the defining stage of project life cycle.

References
b@

Multiple Choice Difficulty: 2 Medium

MC Qu. 47 Learning Objective:


(Static) The 01-03 Identify the
establishment of different stages of a
project... project life cycle.
hu
tb
sm

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 48. Award: 10.00 points
 

MC Qu. 48 (Static) Training the customer...

Training the customer, releasing staff and resources occurs in the ________ stage of project life cycle.

om
 defining

 planning

 executing

l.c
 conceptual

 closing

ai
The closing stage includes three activities: delivering the project product to the customer, redeploying
gm
project resources, and post-project review. Delivery of the project might include customer training and
transferring documents.

References
b@

Multiple Choice Difficulty: 2 Medium

MC Qu. 48 Learning Objective:


(Static) Training 01-03 Identify the
the customer... different stages of a
project life cycle.
hu
tb
sm

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 49. Award: 10.00 points
 

MC Qu. 49 (Static) Project managers are expected...

Project managers are expected to ensure that appropriate trade-offs are made between the time, cost,
and __________ requirements of the project.

om
 performance

 quality

l.c
 specifications

 functional

ai
 scope

gm
Project managers are ultimately responsible for performance (frequently with too little authority). They
must ensure that appropriate trade-offs are made between the time, cost, and performance
requirements of the project.

References
b@

Multiple Choice Difficulty: 1 Easy

MC Qu. 49 Learning Objective:


(Static) Project 01-02 Distinguish a
managers are project from routine
hu

expected... operations.
tb
sm

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 50. Award: 10.00 points  

MC Qu. 50 (Static) Life cycles are used to characterize...

Life cycles are used to characterize how things change over time. The _____________ typically passes
sequentially through four stages.

om
 product life cycle

 project life cycle

 development life cycle

l.c
 transition life cycle

 completion life cycle

ai
A project life cycle typically passes sequentially through four stages: defining, planning, executing, and
delivering.
gm
References

Multiple Choice Difficulty: 1 Easy


b@

MC Qu. 50 Learning Objective:


(Static) Life 01-03 Identify the
cycles are used different stages of a
to characterize... project life cycle.
hu
tb
sm

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 51. Award: 10.00 points
 

MC Qu. 51 (Static) An increase in the complexity...

An increase in the complexity of projects, because projects typically include the latest advances, can be
the result of a growth in new __________.

om
 products

 knowledge

l.c
 services

 products and services

ai
 processes

gm
The growth in new knowledge has increased the complexity of projects because projects encompass
the latest advances. Product complexity has increased the need to integrate divergent technologies.
Project management has emerged as an important discipline for achieving this task.

References
b@

Multiple Choice Difficulty: 2 Medium

MC Qu. 51 Learning Objective:


(Static) An 01-01 Understand
increase in the why project
hu

complexity... management (PM) is


crucial in today's
world.
tb
sm

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 52. Award: 10.00 points  

MC Qu. 52 (Static) A(n) _________ is a series of...

A(n) _________ is a series of coordinated, related multiple projects that continue over an extended
time intended to achieve a goal.

om
 program

 portfolio

l.c
 product family

 process

ai
 folder

gm
A program is a group of related projects designed to accomplish a common goal over an extended
period of time.

References
b@

Multiple Choice Difficulty: 1 Easy

MC Qu. 52 Learning Objective:


(Static) A(n) 01-02 Distinguish a
_________ is a project from routine
series of... operations.
hu
tb
sm

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 53. Award: 10.00 points
 

MC Qu. 53 (Static) Agile PM is...

Agile PM is appropriate when _______.

om
 project scope is unknown or unstable

 the technology to be used is well known

 the project scope is well known

l.c
 the processes to be used are well known

 projects of this type have been done many times before

ai
Agile PM is appropriate when the project scope is unknown or unstable or when the technology to be
gm
applied is unknown or some combination of these.

References

Multiple Choice Difficulty: 2 Medium


b@

MC Qu. 53 Learning Objective:


(Static) Agile PM 01-04 Describe how
is... Agile PM is different
from traditional PM.
hu
tb
sm

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 54. Award: 10.00 points  

MC Qu. 54 (Static) Traditional project management...

Traditional project management focuses on thorough planning up front. Such planning requires ____.

om
 thoroughness

 a planning schedule

 predictability

l.c
 a planning budget

 All of these alternatives are correct

ai
To plan the entire project from beginning to end requires predictability, meaning that the tasks and their
gm
durations are known with near certainty. Predictability means the scope (requirements) are known and
stable; the technology to be used is well-known and understood.

References
b@

Multiple Choice Difficulty: 2 Medium

MC Qu. 54 Learning Objective:


(Static) 01-04 Describe how
Traditional Agile PM is different
project from traditional PM.
hu

management...
tb
sm

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 55. Award: 10.00 points
 

MC Qu. 55 (Static) When the project scope...

When the project scope and/or technology are not fully known or stable, the best choice of method for
such projects is

om
 traditional project management.

 plan-driven project management.

l.c
 schedule-driven project management.

 agile-driven project management.

ai
 budget-driven project management.

gm
The agile method allows for changes to such things as scope and requirements to take place
throughout the project, to accommodate the needs of the customers who do not know exactly what
they want. The product of the project is delivered one piece at a time for the customer’s review.
Budgets and duration are NOT predictable because some pieces of the product will have to be redone.
b@

References

Multiple Choice Difficulty: 2 Medium

MC Qu. 55 Learning Objective:


(Static) When the 01-04 Describe how
hu

project scope... Agile PM is different


from traditional PM.
tb
sm

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 56. Award: 10.00 points  

MC Qu. 56 (Static) Agile project management...

Agile project management involves ____ whereas traditional project management involves _______.

om
 iterative and incremental delivery, upfront planning with high predictability

 high certainty, projects with unstable scope

 high uncertainty, projects with unknown requirements

l.c
 known and stable scope, unknown requirements

 projects with high predictability, project with unknown or unstable requirements

ai
Agile project management, by its very nature, entails incremental delivery in which an iteration
gm
produces and delivers a new piece of functionality of the product to the customer. The incremental
delivery takes place throughout the project. Traditional project management should be employed
whenever project scope and technology are well known and stable implying predictability.

References
b@

Multiple Choice Difficulty: 2 Medium

MC Qu. 56 Learning Objective:


(Static) Agile 01-04 Describe how
project Agile PM is different
hu

management... from traditional PM.


tb
sm

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 57. Award: 10.00 points
 

MC Qu. 57 (Static) Projects with high...

Projects with high predictability are said to have ____.

om
 unknown or unstable scope

 unknown or unstable requirements

 the best circumstances for use of traditional project management

l.c
 the best circumstances for use of agile project management

 iterative and incremental delivery

ai
Projects with high predictability should use the traditional method for project management.
gm
References

Multiple Choice Difficulty: 2 Medium


b@

MC Qu. 57 Learning Objective:


(Static) Projects 01-04 Describe how
with high... Agile PM is different
from traditional PM.
hu
tb
sm

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 58. Award: 10.00 points
 

MC Qu. 58 (Static) Iterative and incremental...

Iterative and incremental delivery means ______.

om
 the project uses the traditional method of project management

 the entire project product or service is delivered all at once at the end of the project

 the project documentation is completed and delivered after each milestone

l.c
 the components or features of the project product or service are delivered one at a time
throughout the duration of the project

ai
 product functionality is delivered all at once at the end of the project

gm
The word ‘delivery’ refers to how the product is delivered to the customer. The agile project method
delivers the product one piece at a time for the customer to review and does this throughout the
project. This method of delivery accommodates a customer who does not know exactly what he wants
but will know it when he sees it. The traditional project method delivers all of the product at the end of
the project; there is no opportunity for feedback from the customer.
b@

References

Multiple Choice Difficulty: 2 Medium

MC Qu. 58 Learning Objective:


hu

(Static) Iterative 01-04 Describe how


and Agile PM is different
incremental... from traditional PM.
tb
sm

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 59. Award: 10.00 points  

TF Qu. 59 (Static) Accountants, architects, and...

Accountants, architects, and attorneys are among professional people who excel at managing projects
yet never have the title of project manager.

om
 True

 False

l.c
They include accountants, lawyers, administrators, scientists, contractors, teachers, etc.

ai
References

True / False
gm
Difficulty: 2 Medium

TF Qu. 59 (Static) Learning Objective:


Accountants, 01-01 Understand
architects, and... why project
management (PM) is
b@

crucial in today's
world.
hu
tb
sm

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 60. Award: 10.00 points  

TF Qu. 60 (Static) The Project Management Institute...

The Project Management Institute has a certification for project managers known as Project
Management Professional (PMP).

om
 True

 False

l.c
The 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

ai
demonstrated mastery of the field of project management by passing a comprehensive examination.
See Snapshot: The Project Management Institute.

References
gm
True / False Difficulty: 1 Easy

TF Qu. 60 (Static) Learning Objective:


b@

The Project 01-01 Understand


Management why project
Institute... management (PM) is
crucial in today's
world.
hu
tb
sm

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 61. Award: 10.00 points  

TF Qu. 61 (Static) Project management is equally...

Project management is equally useful in ongoing, routine work as well as unique, one-time initiatives,
because of its flexibility.

om
 True

 False

l.c
A project is not routine, repetitive work! Ordinary daily work typically requires doing the same or similar
work over and over, while a project is done only once; a new product or service exists when the project

ai
is completed.

References
gm
True / False Difficulty: 2 Medium

TF Qu. 61 (Static) Learning Objective:


Project 01-02 Distinguish a
b@

management is project from routine


equally... operations.
hu
tb
sm

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 62. Award: 10.00 points
 

TF Qu. 62 (Static) The fact that projects are not...

The fact that projects are not confined to a single department but may involve several departments and
professionals is a defining characteristic of projects.

om
 True

 False

l.c
One of the major characteristics is the involvement of several departments and professionals.

ai
References

True / False
gm
Difficulty: 2 Medium

TF Qu. 62 (Static) Learning Objective:


The fact that 01-02 Distinguish a
projects are not... project from routine
operations.
b@
hu
tb
sm

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 63. Award: 10.00 points  

TF Qu. 63 (Static) Specific time, cost, and...

Specific time, cost, and performance requirements are among the characteristics that separate project
management from other endeavors of the organization.

om
 True

 False

l.c
Major characteristics are specific time, cost, and performance requirements.

ai
References

True / False Difficulty: 1 Easy


gm
TF Qu. 63 (Static) Learning Objective:
Specific time, 01-02 Distinguish a
cost, and... project from routine
operations.
b@
hu
tb
sm

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 64. Award: 10.00 points
 

TF Qu. 64 (Static) Project management is a skill...

Project management is a skill set that is transferable across most businesses and professions and is
critical to many careers.

om
 True

 False

l.c
At its core, project management fundamentals are universal.

ai
References

True / False
gm
Difficulty: 2 Medium

TF Qu. 64 (Static) Learning Objective:


Project 01-01 Understand
management is a why project
skill... management (PM) is
b@

crucial in today's
world.
hu
tb
sm

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 65. Award: 10.00 points  

TF Qu. 65 (Static) For construction companies that...

For construction companies that build many buildings, all buildings built after the first do not fit the
definition of a project.

om
 True

 False

l.c
All projects are non-routine and have some unique elements. Not all buildings will be built on the same
space or use the same materials.

ai
References gm
True / False Difficulty: 2 Medium

TF Qu. 65 (Static) Learning Objective:


For construction 01-02 Distinguish a
companies that... project from routine
b@

operations.
hu
tb
sm

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 66. Award: 10.00 points
 

TF Qu. 66 (Static) As specified in a project life...

As specified in a project life cycle, the first stage in the life cycle of a project is the concept stage.

om
 True

 False

l.c
The first stage is defining.

ai
References

True / False Difficulty: 1 Easy gm


TF Qu. 66 (Static) Learning Objective:
As specified in a 01-03 Identify the
project life... different stages of a
project life cycle.
b@
hu
tb
sm

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 67. Award: 10.00 points  

TF Qu. 67 (Static) Programs are processes...

Programs are processes designed to accomplish goals that are common to a program over time.

om
 True

 False

l.c
A program is a group of related projects designed to accomplish a common goal over an extended
period of time.

ai
References

True / False
gm
Difficulty: 2 Medium

TF Qu. 67 (Static) Learning Objective:


Programs are 01-02 Distinguish a
processes... project from routine
operations.
b@
hu
tb
sm

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 68. Award: 10.00 points
 

TF Qu. 68 (Static) Project management is generally...

Project management is generally restricted to specialists because of the requirement for in-depth
expertise.

om
 True

 False

l.c
Unlike their functional counterparts, project managers generally possess only rudimentary technical
knowledge.

ai
References gm
True / False Difficulty: 2 Medium

TF Qu. 68 (Static) Learning Objective:


Project 01-02 Distinguish a
management is project from routine
b@

generally... operations.
hu
tb
sm

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 69. Award: 10.00 points  

TF Qu. 69 (Static) Agile PM is...

Agile PM is incremental, iterative development and delivery whereas traditional PM does not deliver nor
elicit feedback from the customer until the project is nearly complete.

om
 True

 False

l.c
In Agile PM, the product is delivered in pieces. In traditional PM the product is delivered all at once at
the end of the project.

ai
References gm
True / False Difficulty: 2 Medium

TF Qu. 69 (Static) Learning Objective:


Agile PM is... 01-04 Describe how
Agile PM is different
b@

from traditional PM.


hu
tb
sm

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 70. Award: 10.00 points  

TF Qu. 70 (Static) One of the most significant...

One of the most significant driving forces behind the demand for project management is the ever
increasing lengthening of the product life cycle.

om
 True

 False

l.c
One of the most significant driving forces behind the demand for project management is the shortening
of the product life cycle.

ai
References gm
True / False Difficulty: 2 Medium

TF Qu. 70 (Static) Learning Objective:


One of the most 01-01 Understand
significant... why project
b@

management (PM) is
crucial in today's
world.
hu
tb
sm

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 71. Award: 10.00 points  

TF Qu. 71 (Static) Project management appears...

Project management appears to be ideally suited for a business environment requiring accountability,
flexibility, innovation and repeatability.

om
 True

 False

l.c
Project management appears to be ideally suited for all industries and sectors that require
accountability, flexibility, innovation, speed and continuous improvement.

ai
References gm
True / False Difficulty: 2 Medium

TF Qu. 71 (Static) Learning Objective:


Project 01-02 Distinguish a
management project from routine
b@

appears... operations.
hu
tb
sm

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 72. Award: 10.00 points  

TF Qu. 72 (Static) At first glance, project managers perform...

At first glance, project managers perform the same functions as other managers. That is, they plan,
schedule, motivate and control.

om
 True

 False

l.c
Project managers perform the same functions as other managers; however, what makes them unique is
that they also manage temporary, non-repetitive activities to complete an effort of fixed duration.

ai
References gm
True / False Difficulty: 2 Medium

TF Qu. 72 (Static) Learning Objective:


At first glance, 01-02 Distinguish a
project project from routine
b@

managers operations.
perform...
hu
tb
sm

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 73. Award: 10.00 points
 

TF Qu. 73 (Static) The modus operandi...

The modus operandi (method) used for implementing organizational strategy is through projects.

om
 True

 False

l.c
Projects are how organizations implement strategy. This is why it is imperative that the two are aligned.

ai
References

True / False Difficulty: 2 Medium


gm
TF Qu. 73 (Static) Learning Objective:
The modus 01-02 Distinguish a
operandi... project from routine
operations.
b@
hu
tb
sm

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 74. Award: 10.00 points
 

TF Qu. 74 (Static) Project management skills are not...

Project management skills are not needed in small projects within large organizations.

om
 True

 False

l.c
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.

ai
References gm
True / False Difficulty: 2 Medium

TF Qu. 74 (Static) Learning Objective:


Project 01-02 Distinguish a
management project from routine
b@

skills are not... operations.


hu
tb
sm

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 75. Award: 10.00 points  

TF Qu. 75 (Static) The technical dimensions of project...

The technical dimensions of project management is primarily what successful project managers focus
on, specifically planning, scheduling, and controlling projects.

om
 True

 False

l.c
Project managers must master both the technical and the sociocultural aspects of project management
in order to be successful.

ai
References gm
True / False Difficulty: 2 Medium

TF Qu. 75 (Static) Learning Objective:


The technical 01-05 Understand
dimensions of that managing
b@

project... projects involves


balancing the
technical and
sociocultural
dimensions of the
project.
hu
tb
sm

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 76. Award: 10.00 points
 

TF Qu. 76 (Static) The sociocultural dimension of project management...

The sociocultural dimension of project management includes managing relationships, motivating team
members and negotiating project terms.

om
 True

 False

l.c
The sociocultural dimension of project management includes managing relationships, motivating team
members and negotiating project terms. See Figure 1.3: The Socio-Technical Dimensions of the Project

ai
Management Process.

References
gm
True / False Difficulty: 2 Medium

TF Qu. 76 (Static) Learning Objective:


The sociocultural 01-05 Understand
b@

dimension of that managing


project projects involves
management... balancing the
technical and
sociocultural
dimensions of the
hu

project.
tb
sm

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 77. Award: 10.00 points
 

TF Qu. 77 (Static) A major driver of project...

A major driver of project management is small business development, among others.

om
 True

 False

l.c
Compression of the product life cycle, knowledge explosion, triple bottom line, increased customer
focus, and small projects represent big problems and are the major drivers of project management.

ai
References

True / False
gm
Difficulty: 2 Medium

TF Qu. 77 (Static) Learning Objective:


A major driver of 01-02 Distinguish a
project... project from routine
operations.
b@
hu
tb
sm

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 78. Award: 10.00 points  

TF Qu. 78 (Static) Project management is critically...

Project management is critically significant only for the electronics industry.

om
 True

 False

l.c
Project Management has spread to all industries.

ai
References

True / False Difficulty: 2 Medium


gm
TF Qu. 78 (Static) Learning Objective:
Project 01-01 Understand
management is why project
critically... management (PM) is
crucial in today's
b@

world.
hu
tb
sm

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 79. Award: 10.00 points  

TF Qu. 79 (Static) The individual principles...

The individual principles of project management are considered universal and applicable across most
businesses and professions.

om
 True

 False

l.c
The individual principles and strategies will work across all but the most specialized industries and
projects.

ai
References gm
True / False Difficulty: 2 Medium

TF Qu. 79 (Static) Learning Objective:


The individual 01-01 Understand
principles... why project
b@

management (PM) is
crucial in today's
world.
hu
tb
sm

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 80. Award: 10.00 points
 

TF Qu. 80 (Static) Contrary to on-going duties and...

Contrary to on-going duties and responsibilities of customary jobs, projects have a defined endpoint.

om
 True

 False

l.c
A “traditional” job means doing something for an organization over an entire career, versus doing
variations of something for individual efforts with a defined start and end. For example, you could be a
welder for a company as a traditional job, or you can be a contract welder that moves in-between

ai
projects for different organizations.

References
gm
True / False Difficulty: 2 Medium

TF Qu. 80 (Static) Learning Objective:


Contrary to on- 01-02 Distinguish a
b@

going duties project from routine


and... operations.
hu
tb
sm

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 81. Award: 10.00 points
 

TF Qu. 81 (Static) Projects typically require...

Projects typically require the combined efforts of a variety of experts and specialists.

om
 True

 False

l.c
Without the specialist efforts brought to bear on the problem to be solved, it is unlikely that it will be
solved in a manner that is timely enough for an organization.

ai
References

True / False
gm
Difficulty: 2 Medium

TF Qu. 81 (Static) Learning Objective:


Projects typically 01-02 Distinguish a
require... project from routine
operations.
b@
hu
tb
sm

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 82. Award: 10.00 points  

SA Qu. 82 (Static) Compare and contrast the Product Life...

Compare and contrast the Product Life Cycle and Project Life Cycle.

om
 

The Product Life Cycle deals with the time it takes to develop a product and the time it remains in the

l.c
marketplace. The Project Life Cycle is the stages that a new product goes through while being
developed.

ai
References

Short Answer Difficulty: 3 Hard gm


SA Qu. 82 Learning Objective:
(Static) Compare 01-03 Identify the
and contrast the different stages of a
Product Life... project life cycle.
b@
hu
tb
sm

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 83. Award: 10.00 points  

SA Qu. 83 (Static) Identify the five major characteristics of...

Identify the five major characteristics of a project.

om
 

(1) An established objective; (2) A defined life span with a beginning and end; (3) Usually the

l.c
involvement of several departments and professionals; (4) Typically, doing something that has never
been done before; (5) Specific time, cost and performance requirements.

ai
References

Short Answer Difficulty: 1 Easy gm


SA Qu. 83 (Static) Learning Objective:
Identify the five 01-02 Distinguish a
major project from routine
characteristics operations.
b@

of...
hu
tb
sm

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 84. Award: 10.00 points  

SA Qu. 84 (Static) Identify and briefly describe the four...

Identify and briefly describe the four stages of a project life cycle.

om
 

Defining stage: goals, specifications and objectives established; Planning stage: schedules, budgets,

l.c
risks management and resource assignment; Executing stage: majority of physical and mental work,
status reports, changes and forecasts; Closing stage: train customer, transfer documents, release
resources, and lessons learned.

ai
References

Short Answer
gm
Difficulty: 2 Medium Learning Objective: 01-03 Identify the
different stages of a project life cycle.

SA Qu. 84 (Static) Learning Objective:


Identify and 01-01 Understand
b@

briefly describe why project


the four... management (PM) is
crucial in today's
world.
hu
tb
sm

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 85. Award: 10.00 points  

SA Qu. 85 (Static) "Project managers perform the same functions...

"Project managers perform the same functions as other managers." Agree or disagree, and support
your decision.

om
 

l.c
Many of the same basic management functions are performed by project managers; however, there are
aspects of the project manager's job that make it unique. For example, they manage temporary, non-
repetitive activities to complete a fixed life project.

ai
References

Short Answer Difficulty: 3 Hard


gm
SA Qu. 85 Learning Objective:
(Static) "Project 01-02 Distinguish a
managers project from routine
b@

perform the operations.


same functions...
hu
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sm

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 86. Award: 10.00 points  

SA Qu. 86 (Static) Identify and briefly describe the five...

Identify and briefly describe the five current drivers of project management.

om
 

(1) Compression of the product life cycle; (2) Knowledge explosion; (3). Triple bottom line; (4) Increased

l.c
customer focus; (5) Small projects represent big problems.

References

ai
Short Answer Difficulty: 2 Medium

SA Qu. 86
gm
Learning Objective:
(Static) Identify 01-01 Understand
and briefly why project
describe the management (PM) is
five... crucial in today's
b@

world.
hu
tb
sm

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 87. Award: 10.00 points
 

SA Qu. 87 (Static) Even if you never aspire to...

Even if you never aspire to be a "project manager," why is it important to know how to manage projects
effectively? Explain your answer and use an example to support your answer.

om
 

l.c
Even if you have no desire to be a project manager you may be a part of a project team where you will
have a better understanding of the processes involved. In addition, there are many project
management skills that can be applied to other professions and industries.

ai
References

Short Answer Difficulty: 3 Hard


gm
SA Qu. 87 (Static) Learning Objective:
Even if you never 01-01 Understand
aspire to... why project
b@

management (PM) is
crucial in today's
world.
hu
tb
sm

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 88. Award: 10.00 points  

SA Qu. 88 (Static) Identify and briefly discuss the two key...

Identify and briefly discuss the two key dimensions of managing actual projects. Explain why both are
important to successfully manage a project. Use an example to support your answer.

om
 

l.c
The technical includes schedules and status reports. The sociocultural dimension includes leadership,
problem solving and negotiation.

ai
References

Short Answer Difficulty: 3 Hard gm


SA Qu. 88 Learning Objective:
(Static) Identify 01-05 Understand
and briefly that managing
discuss the two projects involves
b@

key... balancing the


technical and
sociocultural
dimensions of the
project.
hu
tb
sm

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 89. Award: 10.00 points
 

SA Qu. 89 (Static) What are the major differences...

What are the major differences between managing a process and managing a project?

om
 

At first glance project managers perform the same functions as other managers. That is, they plan,

l.c
schedule, and control. However, what makes them unique is that they manage temporary, non-
repetitive activities to complete a fixed life project.

ai
References

Short Answer Difficulty: 2 Medium


gm
SA Qu. 89 Learning Objective:
(Static) What are 01-02 Distinguish a
the major project from routine
differences... operations.
b@
hu
tb
sm

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 90. Award: 10.00 points  

SA Qu. 90 (Static) Describe what it means that a...

Describe what it means that a project manager must work with a diverse group of characters?

om
 

Project managers manage the tension between customer expectations and what is feasible and

l.c
reasonable. They provide direction, coordination, and integration to the project team. They often must
work with a diverse group of outsiders—vendors, suppliers, subcontractors—who do not necessarily
share their project allegiance.

ai
References

Short Answer Difficulty: 3 Hard


gm
SA Qu. 90 Learning Objective:
(Static) Describe 01-05 Understand
what it means that managing
b@

that a... projects involves


balancing the
technical and
sociocultural
dimensions of the
project.
hu
tb
sm

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 91. Award: 10.00 points
 

SA Qu. 91 (Static) What is the difference...

What is the difference between a project and a program?

om
 

The terms are often used interchangeably in business; however, a program is considered to be a series

l.c
of coordinated, related, and multiple projects that continue over an extended time intended to achieve
a goal.

ai
References

Short Answer Difficulty: 2 Medium


gm
SA Qu. 91 (Static) Learning Objective:
What is the 01-02 Distinguish a
difference... project from routine
operations.
b@
hu
tb
sm

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