Project Management - C722 (Unit 2)
Questions with Verified Answers
What are the 2 facts about project management that most people are unaware of? -
ANSWERSFirst, project management has been around in some form since the dawn of
civilization.
Second, many of us engage in some form of project management without even realizing
it.
What is a project? - ANSWERSA project is any temporary endeavor with a specified
start and end date that results in a unique product, service, or result
What does Project management involve - ANSWERSmanaging everything about the
project to get the desired result
What 2 types of activities do Organizations engage in? - ANSWERSoperations and
projects
Organizations are becoming increasingly more complex due to what factors? -
ANSWERSChange in workforce demographics
Increase in use of technology for better productivity and reduced costs
Increase in cross-cultural workforce and customer bases
Increase in international activities
Increase in demand for newer and more complex products at lower prices and better
quality
Decrease in product life cycles
Change in governmental laws, regulations, and reporting requirements
Increase in corporate social responsibility
Increase in corporate ethical practices
Who were the "parents" of what is now known as time and motion study? -
ANSWERSFrank and Lillian Gilbreth
,What was the Goal of Frank and Lillian Gilbreth? - ANSWERSto understand the
processes that people went through while engaging in manual tasks, with the goal of
reducing fatigue and injury
Who is the father of the scientific management? - ANSWERSFrederick Taylor
Who studied management techniques in the construction of navy ships used in the First
World War? - ANSWERSHenry Gantt
What is Human resource management? - ANSWERSIncludes the processes that
organize, manage, and lead the project team
What is Communication management? - ANSWERSIncludes processes to ensure
timely and appropriate planning, creation, distribution, management, control, and
monitoring of project information
What is Risk management? - ANSWERSIncludes the processes of conducting risk
management planning, identification, analysis, response planning, and controlling risk
on a project
What is Procurement management? - ANSWERSIncludes the processes necessary to
acquire products, services, or results needed from outside the project team
What is Stakeholder management? - ANSWERSIncludes the processes required to
identify all people or organizations impacted by the project, analyze stakeholder
expectations, and develop appropriate strategies for effectively engaging stakeholders
in project decisions and execution
Who used scientific reasoning to study human labor relative to organizational system
goals? - ANSWERSFrederick Taylor
Who determined that by breaking down work into individual discrete activities, one could
improve both human productivity and, subsequently, organizational productivity? -
ANSWERSFrederick Taylor
Who created a chart (named after him) that was a horizontal bar chart that sequences
tasks and provides duration of each task - ANSWERSHenry Gantt
Why are projects important to an organization? (Choose all that apply.)
A. They improve existing products or services for the organization.
B. They give employees something to do.
C. They give managers something to manage.
, D. They develop new products or services for the organization - ANSWERSA. They
improve existing products or services for the organization
D. They develop new products or services for the organization
Correct! Projects are important because they develop new, or improve, existing
products and services
What is Integration management? - ANSWERSIncludes processes and activities
needed to identify, define, and coordinate various processes and project management
activities
Project managers must have competency in what ten distinct knowledge areas -
ANSWERS1. Integration management
2. Scope management
3. Time management
4. Cost management
5. Quality management
6. Human resource management
7. Communication management
8. Risk management
9. Procurement management
10. Stakeholder management
What is Scope management? - ANSWERSIncludes the processes that ensure that all
the work required is identified to complete the project successfully
What is Time management? - ANSWERSIncludes the processes required to manage
the timely completion of the project
What is Cost management? - ANSWERSIncludes the processes involved in planning,
estimating, budgeting, managing, and controlling costs so that the project can be
completed within the approved budget
What is Quality management? - ANSWERSIncludes processes and activities that
determine quality policies, objectives, and responsibilities
Questions with Verified Answers
What are the 2 facts about project management that most people are unaware of? -
ANSWERSFirst, project management has been around in some form since the dawn of
civilization.
Second, many of us engage in some form of project management without even realizing
it.
What is a project? - ANSWERSA project is any temporary endeavor with a specified
start and end date that results in a unique product, service, or result
What does Project management involve - ANSWERSmanaging everything about the
project to get the desired result
What 2 types of activities do Organizations engage in? - ANSWERSoperations and
projects
Organizations are becoming increasingly more complex due to what factors? -
ANSWERSChange in workforce demographics
Increase in use of technology for better productivity and reduced costs
Increase in cross-cultural workforce and customer bases
Increase in international activities
Increase in demand for newer and more complex products at lower prices and better
quality
Decrease in product life cycles
Change in governmental laws, regulations, and reporting requirements
Increase in corporate social responsibility
Increase in corporate ethical practices
Who were the "parents" of what is now known as time and motion study? -
ANSWERSFrank and Lillian Gilbreth
,What was the Goal of Frank and Lillian Gilbreth? - ANSWERSto understand the
processes that people went through while engaging in manual tasks, with the goal of
reducing fatigue and injury
Who is the father of the scientific management? - ANSWERSFrederick Taylor
Who studied management techniques in the construction of navy ships used in the First
World War? - ANSWERSHenry Gantt
What is Human resource management? - ANSWERSIncludes the processes that
organize, manage, and lead the project team
What is Communication management? - ANSWERSIncludes processes to ensure
timely and appropriate planning, creation, distribution, management, control, and
monitoring of project information
What is Risk management? - ANSWERSIncludes the processes of conducting risk
management planning, identification, analysis, response planning, and controlling risk
on a project
What is Procurement management? - ANSWERSIncludes the processes necessary to
acquire products, services, or results needed from outside the project team
What is Stakeholder management? - ANSWERSIncludes the processes required to
identify all people or organizations impacted by the project, analyze stakeholder
expectations, and develop appropriate strategies for effectively engaging stakeholders
in project decisions and execution
Who used scientific reasoning to study human labor relative to organizational system
goals? - ANSWERSFrederick Taylor
Who determined that by breaking down work into individual discrete activities, one could
improve both human productivity and, subsequently, organizational productivity? -
ANSWERSFrederick Taylor
Who created a chart (named after him) that was a horizontal bar chart that sequences
tasks and provides duration of each task - ANSWERSHenry Gantt
Why are projects important to an organization? (Choose all that apply.)
A. They improve existing products or services for the organization.
B. They give employees something to do.
C. They give managers something to manage.
, D. They develop new products or services for the organization - ANSWERSA. They
improve existing products or services for the organization
D. They develop new products or services for the organization
Correct! Projects are important because they develop new, or improve, existing
products and services
What is Integration management? - ANSWERSIncludes processes and activities
needed to identify, define, and coordinate various processes and project management
activities
Project managers must have competency in what ten distinct knowledge areas -
ANSWERS1. Integration management
2. Scope management
3. Time management
4. Cost management
5. Quality management
6. Human resource management
7. Communication management
8. Risk management
9. Procurement management
10. Stakeholder management
What is Scope management? - ANSWERSIncludes the processes that ensure that all
the work required is identified to complete the project successfully
What is Time management? - ANSWERSIncludes the processes required to manage
the timely completion of the project
What is Cost management? - ANSWERSIncludes the processes involved in planning,
estimating, budgeting, managing, and controlling costs so that the project can be
completed within the approved budget
What is Quality management? - ANSWERSIncludes processes and activities that
determine quality policies, objectives, and responsibilities
