Exam 1: Modern Project Management

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In some organizations,selection and management of projects often fail to support the overall _________ of the organization.

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Project managers are expected to ensure that appropriate trade-offs are made between the time,cost,and __________ requirements of the project.

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Applying a set of knowledge,skills,tools,and techniques to a collection of projects in order to move the organization toward its strategic goals is known as project ____________.

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Smaller projects in larger organizations tend not to need project management skills.

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Because of the profitability motive,project management is nearly always limited to the private sector.

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Project governance does NOT include

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The project's schedule and budget will be determined in the ___________ stage of the project life cycle.

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A(n)_________ is a series of coordinated,related multiple projects that continue over an extended time intended to achieve a goal.

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The first stage in the project life cycle is the concept stage.

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Governance of all project management processes and procedures helps provide senior management with all of the following EXCEPT

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A temporary endeavor undertaken to create a unique product,service,or result is a(n)_________.

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Which of the following is NOT a reason why project management has become a standard way of doing business?

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Small business development is a major driver of project management.

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Which of the following is a good example of a program?

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"Project managers perform the same functions as other managers." Agree or disagree,and support your decision.

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An increase in the complexity of projects,because projects typically include the latest advances,can be the result of a growth in new __________.

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In the _____________ stage of the project life cycle you are more likely to find status reports,changes,and the creation of forecasts.

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Which of the following represents the correct order of stages within the project life cycle?

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Even if you never aspire to be a "project manager," why is it important to know how to manage projects effectively? Explain your answer and use an example to support your answer.

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Project management is important to understand when people are a part of a project team because they

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