Exam 1: Project Management Concepts

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A project has a sponsor or customer.

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Which phase of the project life cycle results in the accomplishment of the project objective, leaving the customer satisfied that the work scope was completed in a satisfactory manner?

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B

Quality expectations are only defined at the start of the project.

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Projects are constrained only by the scope, schedule, and budget.

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In the project schedule, the duration of the project is

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The schedule for a project is a timetable with only start times for tasks.

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A research firm secured $2 million to evaluate the treatment of water in selected countries over the next three years.This is an example of a project.

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____ is the systematic arrangement of tasks to accomplish an objective.

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A work breakdown structure shows the necessary sequence and dependent relationships of the detailed activities for a project.

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The estimated duration of the project is dependent upon the sequence of activities.

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Introduction of a new process to ship packages for a firm is an example of a project objective.

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The third phase of the project life cycle has two parts:

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Global project management requires

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The project management process involves two major functions

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A stakeholder has concerns about a project, the project team should

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The third phase of the project life cycle is the:

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A project has an unlimited time frame.

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The project plan is executed in the

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A project has a clear objective.

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Projects are identified and selected in the

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