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Chapter 01 Modern Project Management Answer Key
Multiple Choice Questions
1. A professional organization for project managers is the
A. PMI.
B. AMA.
C. MIS.
D. IPM.
E. PMBOK.
The Project Management Institute (PMI) is a professional organization for project managers.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-04 Understand the importance of projects in implementing organization strategy.
Topic: Current Drivers of Project Management
2. Which of the following is NOT considered to be a characteristic of a project?
A. An established objective
B. A clear beginning and end
C. Specific time, cost and performance requirements
D. For internal use only
E. Something never been done by a particular company
before
Projects have an established objective, a defined life span, the involvement of several departments and
professionals, is something that has never been done before, and it has specific time, cost and
performance requirements.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Apply
Difficulty: 2 Medium
Learning Objective: 01-03 Identify the different stages of project life cycle.
Topic: Current Drivers of Project Management
1-1
Copyright © 2018 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
, Elitestudyvault
3. Which of the following activities is NOT considered a project?
A. Developing a new software program
B. Designing a space station
C. Preparing the site for the Olympic
Games
D. Production of automobile tires
E. Developing a new advertising
program
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 is completed.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Learning Objective: 01-02 Distinguish a project from routine operations.
Topic: Current Drivers of Project Management
4. Which of the following activities is the best example of a project?
A. Processing insurance claims
B. Producing automobiles
C. Writing a policy manual
D. Monitoring product quality
E. Overseeing customer requests
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 is completed.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Learning Objective: 01-02 Distinguish a project from routine operations.
Topic: What is a Project?
5. Which of the following is NOT one of the stages of a project life cycle?
A. Identifying
B. Defining
C. Planning
D. Executing
E. Closing
What is a Project? passes sequentially through four stages: defining, planning, executing and closing.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
1-2
Copyright © 2018 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
, Elitestudyvault
Blooms: Understand
Difficulty: 2 Medium
Learning Objective: 01-03 Identify the different stages of project life cycle.
Topic: What is a Project?
6. In the _____________ stage of What is a project?, project objectives are established, teams are formed,
and major responsibilities are assigned.
A. Identifying
B. Defining
C. Planning
D. Executing
E. Closing
Specifications of the project are defined; project objectives are established; teams are formed; major
responsibilities are assigned in the defining stage.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Learning Objective: 01-03 Identify the different stages of project life cycle.
Topic: What is a Project?
7. In the _____________ stage of What is a Project?, a major portion of the actual project work
performed.
A. Identifying
B. Defining
C. Planning
D. Executing
E. Closing
A major portion of the project work takes place-both physical and mental-in the executing stage.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Learning Objective: 01-03 Identify the different stages of project life cycle.
Topic: What is a Project?
1-3
Copyright © 2018 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
, Elitestudyvault
Chapter 01 Modern Project Management Answer Key
Multiple Choice Questions
1. A professional organization for project managers is the
A. PMI.
B. AMA.
C. MIS.
D. IPM.
E. PMBOK.
The Project Management Institute (PMI) is a professional organization for project managers.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-04 Understand the importance of projects in implementing organization strategy.
Topic: Current Drivers of Project Management
2. Which of the following is NOT considered to be a characteristic of a project?
A. An established objective
B. A clear beginning and end
C. Specific time, cost and performance requirements
D. For internal use only
E. Something never been done by a particular company
before
Projects have an established objective, a defined life span, the involvement of several departments and
professionals, is something that has never been done before, and it has specific time, cost and
performance requirements.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Apply
Difficulty: 2 Medium
Learning Objective: 01-03 Identify the different stages of project life cycle.
Topic: Current Drivers of Project Management
1-1
Copyright © 2018 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
, Elitestudyvault
3. Which of the following activities is NOT considered a project?
A. Developing a new software program
B. Designing a space station
C. Preparing the site for the Olympic
Games
D. Production of automobile tires
E. Developing a new advertising
program
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 is completed.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Learning Objective: 01-02 Distinguish a project from routine operations.
Topic: Current Drivers of Project Management
4. Which of the following activities is the best example of a project?
A. Processing insurance claims
B. Producing automobiles
C. Writing a policy manual
D. Monitoring product quality
E. Overseeing customer requests
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 is completed.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Learning Objective: 01-02 Distinguish a project from routine operations.
Topic: What is a Project?
5. Which of the following is NOT one of the stages of a project life cycle?
A. Identifying
B. Defining
C. Planning
D. Executing
E. Closing
What is a Project? passes sequentially through four stages: defining, planning, executing and closing.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
1-2
Copyright © 2018 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
, Elitestudyvault
Blooms: Understand
Difficulty: 2 Medium
Learning Objective: 01-03 Identify the different stages of project life cycle.
Topic: What is a Project?
6. In the _____________ stage of What is a project?, project objectives are established, teams are formed,
and major responsibilities are assigned.
A. Identifying
B. Defining
C. Planning
D. Executing
E. Closing
Specifications of the project are defined; project objectives are established; teams are formed; major
responsibilities are assigned in the defining stage.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Learning Objective: 01-03 Identify the different stages of project life cycle.
Topic: What is a Project?
7. In the _____________ stage of What is a Project?, a major portion of the actual project work
performed.
A. Identifying
B. Defining
C. Planning
D. Executing
E. Closing
A major portion of the project work takes place-both physical and mental-in the executing stage.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Learning Objective: 01-03 Identify the different stages of project life cycle.
Topic: What is a Project?
1-3
Copyright © 2018 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
