Exam 1: Introduction to Project Management

In which of the following areas of management is payback analysis most likely to be used?

The question, "What is the project's schedule?" is an example of a(n) _____ constraint.

A difference between operations and projects is that operations end when their objectives have been reached, whereas projects do not.

Project _____ management consists of preparing and managing the budget for a project.

Which of the following is a difference between low-end and midrange tools of the project management software?

Earned value management is a tool primarily used in human resource management.

Which of the following questions reflect the strategic goals of project portfolio management?

Program managers are change agents.

An important tool for project scope management is _____.

Which of the following refers to a set of principles that guides decision making based on personal values of what is considered right and wrong?

Good project managers assume that their definition of success is the same as the sponsors.

Project procurement management primarily involves identifying stakeholder needs while managing their engagement throughout the life of the project.

High-end tools are generally licensed on a(n) _____ basis.

List and describe each of the ten project management knowledge areas.

The importance of stakeholders' needs and expectations is limited to the beginning of a project.

Which of the following tools can best help in efficient communication management?

Responsibility assignment matrices and project organizational charts are examples of tools used in procurement management.

Which of the following tools are most likely to be used in project time management?

Project _____ management includes estimating how long it will take to complete work, develop an acceptable project schedule, and ensure timely completion of a project.

Martha works as a project manager at a bank. Due to certain changes in external factors, Martha needs to make a few alterations in the tactical goals of her project. In such a scenario, which of the following will best help Martha cope with the change?