Exam 6: The Basics of Planning and Project Management

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The overriding attributes of good project management software are flexibility and

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Matt has written down the following self-improvement objective: "Improve my grade point average and lose some weight." Why is this not a well-written objective? Re-write these objectives using the guidelines provided in the text for writing good objectives.

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A(n) ____ is a temporary endeavor undertaken to achieve a particular aim.

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Ignoring important yes-or-no decisions is a weakness of flow charts.

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The project manager's role of "marketer" involves identifying and selling their ideas and being a friend to the client.

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Once the initial round of management by objectives (MBO) is complete, the MBO process is terminated.

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____ are represented when a manager fills in the time lines on a Gantt chart.

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A means-ends chain is created by the downward flow of objectives.

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Congratulations! Your company CEO has put you in charge of a team responsible for developing a new toy for the upcoming holiday season. Describe in detail the project life cycle stages your project will go through? What scheduling tool might be useful for your team and why?

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Which of these was most strongly associated with productivity improvement and employee job satisfaction, according to management by objectives (MBO) researchers?

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According to Peter Drucker, the most important skill for setting priorities is learning to say "no."

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Mona, a Fortune 500 company's chief financial officer, experiences what type of uncertainty when she does not know what the rate of inflation in the U.S. is going to be next year?

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________, represented with boxes on a flow chart are one of the key elements.

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The planning and control functions are identical in successful organizations.

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Analyzer organizations have a reputation for aggressively making things happen rather than waiting for them to happen.

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A good example of a(n) ____ is motorcycle maker Harley-Davidson because it successfully produces and markets a few products in a narrowly defined market.

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When referring to different organizational responses to uncertainty, as long as a defender's primary technology and narrow product line remain competitive, it can be successful.

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Both fixed costs and variable costs need to be calculated when doing a break-even analysis.

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According to researchers, prospectors that gained a first-mover advantage

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Mission statements have little practical value today since everything is changing so fast.

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