Test BankFor
n n
Project Management in Practice, 7th Edition Meredith Chapter
n n n n n n n
1-8 n
Copyright ©2017 John Wiley & Sons, Inc.
n n n n n n
,Chapter 1: The World of Project Management
n n n n n n
True/False
1. A primary purpose of forming projects is to assign the responsibility for
n n n n n n n n n n n
accomplishing some organizational task to a specific person or small group.
n n n n n n n n n n n
Answer: True n
Response: See section 1.1 Level: n n n n
easy
2. One of the few similarities between project management and general
n n n n n n n n n
management isthat both exist inthe well-defined organizational structure of
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superior/subordinates in the overall organization.
n n n n n
Answer: False n
Response: See section 1.2 Level: n n n n
medium
3. Many recent developments in project management are being driven by changes in the
n n n n n n n n n n n n
natureofthe American workforce.
n n n n n
Answer: False n
Response: See section 1.1 Level: n n n n
medium
4. There has been a growing use of projects to achieve an organization’s strategic
n n n n n n n n n n n n
goals
n
Answer: True n
Response: See section 1.1 Level: medium n n n n n
IF YOU WANT THIS DOCUMENT EMAIL ME AT,
n n n n n n n
TO GET THE FULL DOCUMENT IN PDF FORMAT.
n n n n n n n
Copyright ©2017 John Wiley & Sons, Inc. n n n n n n
, IF YOU WANT THIS DOCUMENT EMAIL ME AT,
n n n n n n n
TO GET THE FULL DOCUMENT IN PDF FORMAT.
n n n n n n n
Copyright ©2017 John Wiley & Sons, Inc.
n n n n n n
, 5. While general managers have their authority limited to specific areas in the overall
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organization, project managers have authority over anyactivityrequired by the
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project.
n
Answer: False n
Response: See section 1.2 n n n
Level: medium
n n
6. Projects are always carried out under conditions of uncertainty.
n n n n n n n n
Answer: True n
Response: See section 1.3 n n n
Level: easy
n n
7. One can trade-off time and cost when managing a project, but the project’s
n n n n n n n n n n n n
technical specifications must be maintained exactly as the client initially specifies.
n n n n n n n n n n
Answer: False n
Response: See section 1.3 n n n
Level: medium
n n
8. Nonnumeric project selection methods are only suitable if numeric methods are not
n n n n n n n n n n n
available.
n
Answer: False n
Response: See section 1.5 n n n
Level: medium
n n
9. When using financial methods for selecting projects, the payback period is the
n n n n n n n n n n n
simplest and best method to use.
n n n n n n
Answer: False n
Response: See section 1.5 n n n
Level: medium
n n
10 Rank-ordering a large number of projects can be done with a Q-sort.
n n n n n n n n n n n
Copyright ©2017 John Wiley & Sons, Inc.
n n n n n n
n n
Project Management in Practice, 7th Edition Meredith Chapter
n n n n n n n
1-8 n
Copyright ©2017 John Wiley & Sons, Inc.
n n n n n n
,Chapter 1: The World of Project Management
n n n n n n
True/False
1. A primary purpose of forming projects is to assign the responsibility for
n n n n n n n n n n n
accomplishing some organizational task to a specific person or small group.
n n n n n n n n n n n
Answer: True n
Response: See section 1.1 Level: n n n n
easy
2. One of the few similarities between project management and general
n n n n n n n n n
management isthat both exist inthe well-defined organizational structure of
n n n n n n n n n n n
superior/subordinates in the overall organization.
n n n n n
Answer: False n
Response: See section 1.2 Level: n n n n
medium
3. Many recent developments in project management are being driven by changes in the
n n n n n n n n n n n n
natureofthe American workforce.
n n n n n
Answer: False n
Response: See section 1.1 Level: n n n n
medium
4. There has been a growing use of projects to achieve an organization’s strategic
n n n n n n n n n n n n
goals
n
Answer: True n
Response: See section 1.1 Level: medium n n n n n
IF YOU WANT THIS DOCUMENT EMAIL ME AT,
n n n n n n n
TO GET THE FULL DOCUMENT IN PDF FORMAT.
n n n n n n n
Copyright ©2017 John Wiley & Sons, Inc. n n n n n n
, IF YOU WANT THIS DOCUMENT EMAIL ME AT,
n n n n n n n
TO GET THE FULL DOCUMENT IN PDF FORMAT.
n n n n n n n
Copyright ©2017 John Wiley & Sons, Inc.
n n n n n n
, 5. While general managers have their authority limited to specific areas in the overall
n n n n n n n n n n n n
organization, project managers have authority over anyactivityrequired by the
n n n n n n n n n n n
project.
n
Answer: False n
Response: See section 1.2 n n n
Level: medium
n n
6. Projects are always carried out under conditions of uncertainty.
n n n n n n n n
Answer: True n
Response: See section 1.3 n n n
Level: easy
n n
7. One can trade-off time and cost when managing a project, but the project’s
n n n n n n n n n n n n
technical specifications must be maintained exactly as the client initially specifies.
n n n n n n n n n n
Answer: False n
Response: See section 1.3 n n n
Level: medium
n n
8. Nonnumeric project selection methods are only suitable if numeric methods are not
n n n n n n n n n n n
available.
n
Answer: False n
Response: See section 1.5 n n n
Level: medium
n n
9. When using financial methods for selecting projects, the payback period is the
n n n n n n n n n n n
simplest and best method to use.
n n n n n n
Answer: False n
Response: See section 1.5 n n n
Level: medium
n n
10 Rank-ordering a large number of projects can be done with a Q-sort.
n n n n n n n n n n n
Copyright ©2017 John Wiley & Sons, Inc.
n n n n n n
