QUESTIONS AND VERIFIED
CORRECT ANSWERS
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You are working in a matrix organization. Choose two responses that describe this type of
structure.
A: This organizational structure is similar to a functional organization.
B: Employees are assigned project tasks by their project manager in this type of structure.
C: Project resources are members of another business unit and may or may not be able to help
you full-time.
D: Matrix organizations can be structured as strong, weak, or balanced.
E: Project managers have the majority of power in this type of structure. - CORRECT ANSWER-
Employees are assigned project tasks by their project manager in this type of structure.
Matrix organizations can be structured as strong, weak, or balanced.
This general management skill concerns obtaining mutually acceptable agreements with
individuals or groups.
A: Negotiating
B: Communicating
C: Leadership
D: Problem-solving - CORRECT ANSWER-Negotiating
, Your project has expected cash inflows of $1.2 million in year 1, $2.4 million in year 2, and $4.6
million in year 3. The project pays for itself in 23 months. Which cash flow technique was used
to determine this?
A: Payback period
B: IRR
C: NPV
D: Discounted cash flow - CORRECT ANSWER-Payback period
Your project has expected cash inflows of $7.8 million in today's dollars. Which cash flow
technique was used to determine this?
A: NPV
B: Cost-benefit analysis
C: Discounted cash flow
D: IRR - CORRECT ANSWER-Discounted cash flow
What is the term for a group of related projects managed in a coordinated fashion?
A: Life cycle
B: Phase
C: Process group
D: Program - CORRECT ANSWER-Program