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What are characteristic of a project? ✔Correct Answer-A) An established objective
B) A clear beginning and end
C) Specific time, cost and performance requirements
E) Something never been done before
When considering the following activities, which is the best example of a project? ✔Correct
Answer-Writing a policy manual
In the _____________ stage of the project life cycle, project objectives are established, teams
are formed, and major responsibilities are assigned. ✔Correct Answer-Defining
In the _____________ stage of the project life cycle, a major portion of the physical project
work performed. ✔Correct Answer-Executing
Which of the following is NOT typical of a project manager? ✔Correct Answer-A) Managing a
temporary activity
This one B) Overseeing existing operations
C) Managing a non-repetitive activity
D) Responsible for time, cost and performance trade-offs
E) Work with a group of outsiders, including vendors and suppliers
What are the correct order of stages within the project life cycle? ✔Correct Answer-1.
Defining
2. Planning
3. Executing
4. Closing
Example of a program ✔Correct Answer-Developing a new residential area that includes six
custom homes
Governance of all project management processes and procedures helps provide senior
management with all of the following except ✔Correct Answer-This one A) A method to
ensure projects that are important to senior management are being implemented
B) An assessment of the risk their portfolio of projects represents
C) An overview of all project management activities
D) A metric to measure the improvement of managing projects relative to others in the industry
, E) A big picture of how organizational resources are being used.
The following is NOT true about project management ✔Correct Answer-A) It is not limited to
the private sector
B) Many opportunities are available for individuals interested in this career path
C) It improves one's ability to plan, implement and manage activities to accomplish specific
organizational objectives
This one D) It focuses primarily on technical processes
E) It is a set of tool
Corporate downsizing has increased the trend toward ✔Correct Answer-Outsourcing
significant segments of project work
Which of these is NOT part of the "technical dimension" of project management? ✔Correct
Answer-A) WBS
B) Budgets
This one C) Problem solving
D) Schedules
E) Status reports
Project management is important to understand when someone is a part of a project team
because they ✔Correct Answer-A) Work with others to create a schedule and budget
B) Need to understand project priorities so they can make independent decisions
C) Need to be able to monitor and report project progress
D) Need to understand the project charter or scope statement that defines the objectives and
parameters of the project
This one E) All of these are reasons it is important for project team members to understand
project management
Which of the following statements is true? ✔Correct Answer-Project management is
increasingly contributing to achieving organizational strategies
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? ✔Correct Answer-Sociocultural
Which of the following choices is NOT one of the driving forces behind the increasing demand
for project management? ✔Correct Answer-A) Compression of the product life cycle
B) Knowledge explosion
C) Increasing need for multi-project management
This One D) Declining need for product customization
E) More sustainable business practices