,TESTBANK FOR Project Management in Practice,
8th Edition Meredith
Notes
1- The file is chapter after chapter.
2- We have shown you few pages sample.
3- The file contains all Appendix and Excel sheet
if it exists.
4- We have all what you need, we make update
at every time. There are many new editions
waiting you.
5- If you think you purchased the wrong file You
can contact us at every time, we can replace it
with true one.
Our email:
,Project Management in Practice 8e Testbank
Chapter 1: The World of Project Management
True/False
1. A primary purpose of forming projects is to assign the responsibility for
accomplishing some organizational task to a specific person or small group.
Answer: True
Response: See Section 1.1
Level: Easy
2. Projects are characterized by conflict.
Answer: True
Response: See Section 1.1
Level: Easy
3. The difference between a project and a nonproject is always crystal clear.
Answer: False
Response: See Section 1.1
Level: Easy
4. Projects are usually large.
Answer: False
Response: See Section 1.1
Level: Easy
5. Many recent developments in project management are being driven by changes in the
nature of the American workforce.
Answer: False
Response: See Section 1.1
Level: Medium
Copyright ©2025 John Wiley & Sons, Inc. Page 1 of 32
,Project Management in Practice 8e Testbank
6. There has been a growing use of projects to achieve an organization’s strategic goals
Answer: True
Response: See Section 1.1
Level: Medium
7. One reason for the emphasis on project management is that tasks fit neatly into
business-as-usual.
Answer: False
Response: See Section 1.1
Level: Easy
8. Programs are subdivisions of projects.
Answer: False
Response: See Section 1.1
Level: Easy
9. Projects are subdivisions of programs.
Answer: True
Response: See Section 1.1
Level: Easy
10. Strategic goals are critical to the organization’s continuing competitiveness.
Answer: True
Response: See Section 1.1
Level: Easy
11. Projects rarely fail due to optimistic goals top management had for the project when
they approved the business case since top management typically has a strong
understanding of the business situation.
Answer: False
Response: See Section 1.1
Level: Easy
Copyright ©2025 John Wiley & Sons, Inc. Page 2 of 32
,Project Management in Practice 8e Testbank
12. Sustainability and green mean exactly the same thing.
Answer: False
Response: See Section 1.1
Level: Easy
13. Sustainability is perhaps the most critical transformation program of our time and a
priority topic on every CEO’s agenda.
Answer: True
Response: See Section 1.1
Level: Easy
14. Artificial Intelligence (AI) refers to the use of computers to identify patterns in data
and develop rules-based decision-making applications.
Answer: True
Response: See Section 1.1
Level: Easy
15. Artificial Intelligence (AI) is unlikely to have a significant impact on project
management.
Answer: False
Response: See Section 1.1
Level: Easy
16. One of the few similarities between project management and general management is
that both exist in the well-defined organizational structure of superior/subordinates in
the overall organization.
Answer: False
Response: See Section 1.2
Level: Medium
Copyright ©2025 John Wiley & Sons, Inc. Page 3 of 32
,Project Management in Practice 8e Testbank
17. Project budgeting differs from standard budgeting in regards to accounting
techniques.
Answer: False
Response: See Section 1.2
Level: Medium
18. While general managers have their authority limited to specific areas in the overall
organization, project managers have authority over any activity required by the
project.
Answer: False
Response: See Section 1.2
Level: Medium
19. A similarity between project management and general management is the tendency to
“manage by exception.”
Answer: False
Response: See Section 1.2
Level: Medium
20. Project budgets are primarily modifications of budgets for the same activity in the
previous period.
Answer: False
Response: See Section 1.2
Level: Medium
21. In project management, superior-subordinate relationships are known and lines of
authority are clear.
Answer: False
Response: See Section 1.2
Level: Medium
Copyright ©2025 John Wiley & Sons, Inc. Page 4 of 32
,Project Management in Practice 8e Testbank
22. Having responsibility for the outcome of a project without the authority of rank or
position is common in project management.
Answer: True
Response: See Section 1.2
Level: Medium
23. Negotiating the purchase of a new car would typically be characterized as win-win
negotiation.
Answer: False
Response: See Section 1.2
Level: Medium
24. The project manager depends on legitimate authority to gain the cooperation of the
many departments in the organization that may be asked to supply technology,
information, resources and personnel to the project.
Answer: False
Response: See Section 1.2
Level: Medium
25. The group of 17 developed a list of 12 Agile Principles that support the values
articulated in the Agile Manifesto. The following is one of those twelve principles:
Avoiding changing requirements so that the project can be completed on time and
within budget.
Answer: False
Response: See Section 1.2
Level: Easy
26. The group of 17 developed a list of 12 Agile Principles that support the values
articulated in the Agile Manifesto. The following is one of those twelve principles:
On-time delivery is the primary measure of progress.
Answer: False
Response: See Section 1.2
Level: Easy
Copyright ©2025 John Wiley & Sons, Inc. Page 5 of 32
,Project Management in Practice 8e Testbank
27. The group of 17 developed a list of 12 Agile Principles that support the values
articulated in the Agile Manifesto. The following is one of those twelve principles:
Simplicity--the art of maximizing the amount of work not done--is essential.
Answer: True
Response: See Section 1.2
Level: Easy
28. Scrum is the most popular Agile approach.
Answer: True
Response: See Section 1.2
Level: Easy
29. Six Sigma process improvement project usually follow a specific set of phases.
Answer: True
Response: See Section 1.3
Level: Easy
30. Agile techniques cannot be applied with the waterfall method as they are
incompatible.
Answer: False
Response: See Section 1.3
Level: Easy
31. Projects are always carried out under conditions of uncertainty.
Answer: True
Response: See Section 1.3
Level: Easy
32. One can trade-off time and cost when managing a project, but the project’s technical
specifications must be maintained exactly as the client initially specifies.
Answer: False
Response: See Section 1.3
Level: Medium
Copyright ©2025 John Wiley & Sons, Inc. Page 6 of 32
,Project Management in Practice 8e Testbank
33. In project management, it is often necessary to trade-off one objective for another.
Answer: True
Response: See Section 1.3
Level: Easy
34. Projects are complex and include interfaces, interdependencies, and many
assumptions, any or all of which may turn out to be wrong.
Answer: True
Response: See Section 1.4
Level: Easy
35. The first step in managing risk is to identify these potentially uncertain events and the
likelihood that any or all may occur. This is called statistical analysis.
Answer: False
Response: See Section 1.4
Level: Easy
36. The first duty of the project owner and project manager after project approval is to
prepare a business case.
Answer: False
Response: See Section 1.5
Level: Easy
37. As the project goes further into the execution stage, the PM's job becomes that of
keeping the project on budget and schedule.
Answer: True
Response: See Section 1.5
Level: Easy
38. There are three different life cycles along which projects progress from start to
completion.
Answer: False
Response: See Section 1.5
Level: Easy
Copyright ©2025 John Wiley & Sons, Inc. Page 7 of 32
, Project Management in Practice 8e Testbank
39. Nonnumeric project selection methods are only suitable if numeric methods are not
available.
Answer: False
Response: See Section 1.6
Level: Medium
40. When using financial methods for selecting projects, the payback period is the
simplest and best method to use.
Answer: False
Response: See Section 1.6
Level: Medium
41. Rank ordering a large number of projects can be done with a Q-sort.
Answer: True
Response: See Section 1.6
Level: Medium
42. A disadvantage of using the payback period method for selecting projects is that it
cannot reflect the time-value of money.
Answer: True
Response: See Section 1.6
Level: Medium
43. A disadvantage of using the discounted cash flow method (or net present value for
selecting projects is that it ignores all non-monetary factors associated with the
project except risk.
Answer: True
Response: See Section 1.6
Level: Medium
Copyright ©2025 John Wiley & Sons, Inc. Page 8 of 32
8th Edition Meredith
Notes
1- The file is chapter after chapter.
2- We have shown you few pages sample.
3- The file contains all Appendix and Excel sheet
if it exists.
4- We have all what you need, we make update
at every time. There are many new editions
waiting you.
5- If you think you purchased the wrong file You
can contact us at every time, we can replace it
with true one.
Our email:
,Project Management in Practice 8e Testbank
Chapter 1: The World of Project Management
True/False
1. A primary purpose of forming projects is to assign the responsibility for
accomplishing some organizational task to a specific person or small group.
Answer: True
Response: See Section 1.1
Level: Easy
2. Projects are characterized by conflict.
Answer: True
Response: See Section 1.1
Level: Easy
3. The difference between a project and a nonproject is always crystal clear.
Answer: False
Response: See Section 1.1
Level: Easy
4. Projects are usually large.
Answer: False
Response: See Section 1.1
Level: Easy
5. Many recent developments in project management are being driven by changes in the
nature of the American workforce.
Answer: False
Response: See Section 1.1
Level: Medium
Copyright ©2025 John Wiley & Sons, Inc. Page 1 of 32
,Project Management in Practice 8e Testbank
6. There has been a growing use of projects to achieve an organization’s strategic goals
Answer: True
Response: See Section 1.1
Level: Medium
7. One reason for the emphasis on project management is that tasks fit neatly into
business-as-usual.
Answer: False
Response: See Section 1.1
Level: Easy
8. Programs are subdivisions of projects.
Answer: False
Response: See Section 1.1
Level: Easy
9. Projects are subdivisions of programs.
Answer: True
Response: See Section 1.1
Level: Easy
10. Strategic goals are critical to the organization’s continuing competitiveness.
Answer: True
Response: See Section 1.1
Level: Easy
11. Projects rarely fail due to optimistic goals top management had for the project when
they approved the business case since top management typically has a strong
understanding of the business situation.
Answer: False
Response: See Section 1.1
Level: Easy
Copyright ©2025 John Wiley & Sons, Inc. Page 2 of 32
,Project Management in Practice 8e Testbank
12. Sustainability and green mean exactly the same thing.
Answer: False
Response: See Section 1.1
Level: Easy
13. Sustainability is perhaps the most critical transformation program of our time and a
priority topic on every CEO’s agenda.
Answer: True
Response: See Section 1.1
Level: Easy
14. Artificial Intelligence (AI) refers to the use of computers to identify patterns in data
and develop rules-based decision-making applications.
Answer: True
Response: See Section 1.1
Level: Easy
15. Artificial Intelligence (AI) is unlikely to have a significant impact on project
management.
Answer: False
Response: See Section 1.1
Level: Easy
16. One of the few similarities between project management and general management is
that both exist in the well-defined organizational structure of superior/subordinates in
the overall organization.
Answer: False
Response: See Section 1.2
Level: Medium
Copyright ©2025 John Wiley & Sons, Inc. Page 3 of 32
,Project Management in Practice 8e Testbank
17. Project budgeting differs from standard budgeting in regards to accounting
techniques.
Answer: False
Response: See Section 1.2
Level: Medium
18. While general managers have their authority limited to specific areas in the overall
organization, project managers have authority over any activity required by the
project.
Answer: False
Response: See Section 1.2
Level: Medium
19. A similarity between project management and general management is the tendency to
“manage by exception.”
Answer: False
Response: See Section 1.2
Level: Medium
20. Project budgets are primarily modifications of budgets for the same activity in the
previous period.
Answer: False
Response: See Section 1.2
Level: Medium
21. In project management, superior-subordinate relationships are known and lines of
authority are clear.
Answer: False
Response: See Section 1.2
Level: Medium
Copyright ©2025 John Wiley & Sons, Inc. Page 4 of 32
,Project Management in Practice 8e Testbank
22. Having responsibility for the outcome of a project without the authority of rank or
position is common in project management.
Answer: True
Response: See Section 1.2
Level: Medium
23. Negotiating the purchase of a new car would typically be characterized as win-win
negotiation.
Answer: False
Response: See Section 1.2
Level: Medium
24. The project manager depends on legitimate authority to gain the cooperation of the
many departments in the organization that may be asked to supply technology,
information, resources and personnel to the project.
Answer: False
Response: See Section 1.2
Level: Medium
25. The group of 17 developed a list of 12 Agile Principles that support the values
articulated in the Agile Manifesto. The following is one of those twelve principles:
Avoiding changing requirements so that the project can be completed on time and
within budget.
Answer: False
Response: See Section 1.2
Level: Easy
26. The group of 17 developed a list of 12 Agile Principles that support the values
articulated in the Agile Manifesto. The following is one of those twelve principles:
On-time delivery is the primary measure of progress.
Answer: False
Response: See Section 1.2
Level: Easy
Copyright ©2025 John Wiley & Sons, Inc. Page 5 of 32
,Project Management in Practice 8e Testbank
27. The group of 17 developed a list of 12 Agile Principles that support the values
articulated in the Agile Manifesto. The following is one of those twelve principles:
Simplicity--the art of maximizing the amount of work not done--is essential.
Answer: True
Response: See Section 1.2
Level: Easy
28. Scrum is the most popular Agile approach.
Answer: True
Response: See Section 1.2
Level: Easy
29. Six Sigma process improvement project usually follow a specific set of phases.
Answer: True
Response: See Section 1.3
Level: Easy
30. Agile techniques cannot be applied with the waterfall method as they are
incompatible.
Answer: False
Response: See Section 1.3
Level: Easy
31. Projects are always carried out under conditions of uncertainty.
Answer: True
Response: See Section 1.3
Level: Easy
32. One can trade-off time and cost when managing a project, but the project’s technical
specifications must be maintained exactly as the client initially specifies.
Answer: False
Response: See Section 1.3
Level: Medium
Copyright ©2025 John Wiley & Sons, Inc. Page 6 of 32
,Project Management in Practice 8e Testbank
33. In project management, it is often necessary to trade-off one objective for another.
Answer: True
Response: See Section 1.3
Level: Easy
34. Projects are complex and include interfaces, interdependencies, and many
assumptions, any or all of which may turn out to be wrong.
Answer: True
Response: See Section 1.4
Level: Easy
35. The first step in managing risk is to identify these potentially uncertain events and the
likelihood that any or all may occur. This is called statistical analysis.
Answer: False
Response: See Section 1.4
Level: Easy
36. The first duty of the project owner and project manager after project approval is to
prepare a business case.
Answer: False
Response: See Section 1.5
Level: Easy
37. As the project goes further into the execution stage, the PM's job becomes that of
keeping the project on budget and schedule.
Answer: True
Response: See Section 1.5
Level: Easy
38. There are three different life cycles along which projects progress from start to
completion.
Answer: False
Response: See Section 1.5
Level: Easy
Copyright ©2025 John Wiley & Sons, Inc. Page 7 of 32
, Project Management in Practice 8e Testbank
39. Nonnumeric project selection methods are only suitable if numeric methods are not
available.
Answer: False
Response: See Section 1.6
Level: Medium
40. When using financial methods for selecting projects, the payback period is the
simplest and best method to use.
Answer: False
Response: See Section 1.6
Level: Medium
41. Rank ordering a large number of projects can be done with a Q-sort.
Answer: True
Response: See Section 1.6
Level: Medium
42. A disadvantage of using the payback period method for selecting projects is that it
cannot reflect the time-value of money.
Answer: True
Response: See Section 1.6
Level: Medium
43. A disadvantage of using the discounted cash flow method (or net present value for
selecting projects is that it ignores all non-monetary factors associated with the
project except risk.
Answer: True
Response: See Section 1.6
Level: Medium
Copyright ©2025 John Wiley & Sons, Inc. Page 8 of 32
