Question 1

Identify and briefly describe the six current drivers of project management.

Accepted Answer

(1)Compression of the product

Question 2

As the number of small projects increase within an organization's portfolio, what is a challenge an organization faces?

Accepted Answer

A) Sharing resources 
B) Measuring efficiency 
C) Managing risk 
D) Prioritizing projects 
E) All of these are challenges. 
A) Sharing resources 
B) Measuring efficiency 
C) Managing risk 
D) Prioritizing projects 
E) All of these are challenges.

Question 3

One of the characteristics that separate project management from other endeavors of the organization is that there are specific time, cost, and performance requirements.

Accepted Answer

A) True 
 B)False

Question 4

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

Accepted Answer

A) True 
 B)False

Question 5

Which of the following activities is NOT considered a project?

Accepted Answer

A) Developing a new software program 
B) Designing a space station 
C) Preparing the site for the Olympic Games 
D) Production of automobile tires 
E) Developing a new advertising program 
A) Developing a new software program 
B) Designing a space station 
C) Preparing the site for the Olympic Games 
D) Production of automobile tires 
E) Developing a new advertising program

Question 6

Project governance means applying a set of knowledge, skills, tools, and techniques to a collection of projects in order to move the organization toward its strategic goals.

Accepted Answer

A) True 
 B)False

Question 7

Which of the following is NOT one of the driving forces behind the increasing demand for project management?

Accepted Answer

A) Compression of the product life cycle 
B) Knowledge explosion 
C) Increasing need for concurrent multi-project management 
D) Declining need for product customization 
E) More sustainable business practices 
A) Compression of the product life cycle 
B) Knowledge explosion 
C) Increasing need for concurrent multi-project management 
D) Declining need for product customization 
E) More sustainable business practices

Question 8

Most people who excel at managing projects never have the title of project manager.

Accepted Answer

A) True 
 B)False

Question 9

Projects should align with the organization's overall strategy in order to

Accepted Answer

A) Complete the project safely. 
B) Reduce waste of scarce resources. 
C) Ensure customer satisfaction. 
D) Secure funding. 
E) None of these are reasons why projects should align with the organization's overall strategy. 
A) Complete the project safely. 
B) Reduce waste of scarce resources. 
C) Ensure customer satisfaction. 
D) Secure funding. 
E) None of these are reasons why projects should align with the organization's overall strategy.

Question 10

Which of the following statements is true?

Accepted Answer

A) Project management is far from a standard way of doing business. 
B) Project management is increasingly contributing to achieving organizational strategies. 
C) Project management is being used at a consistent percentage of a firm's efforts. 
D) Project management is a specialty that few organizations have access to. 
E) All of these statements are false. 
A) Project management is far from a standard way of doing business. 
B) Project management is increasingly contributing to achieving organizational strategies. 
C) Project management is being used at a consistent percentage of a firm's efforts. 
D) Project management is a specialty that few organizations have access to. 
E) All of these statements are false.

Question 11

Contrary to on-going duties and responsibilities of traditional jobs, projects have a defined endpoint.

Accepted Answer

A) True 
 B)False

Question 12

Corporate downsizing has increased the trend toward

Accepted Answer

A) Reducing the number of projects a company initiates. 
B) Outsourcing significant segments of project work. 
C) Using dedicated project teams. 
D) Shorter project lead times. 
E) Longer project lead times. 
A) Reducing the number of projects a company initiates. 
B) Outsourcing significant segments of project work. 
C) Using dedicated project teams. 
D) Shorter project lead times. 
E) Longer project lead times.

Question 13

Small business development is a major driver of project management.

Accepted Answer

A) True 
 B)False

Question 14

The establishment of project goals, specifications, and responsibilities usually occurs in the ________ stage of the project life cycle.

Accepted Answer

defining
Explanation: Specifications of

Question 15

One of the most significant driving forces behind the demand for project management is the ever increasing lengthening of the product life cycle.

Accepted Answer

A) True 
 B)False

Question 16

WBS, schedules, and budgets are examples of the _________ dimension of the project management process.

Accepted Answer

technical
Explanation: The technical dim

Question 17

The fundamentals of Project Management are considered universal across most businesses and professions.

Accepted Answer

A) True 
 B)False

Question 18

Because projects have a defined beginning and end, the ________ is frequently used to manage the transitions of a project from start to completion.

Accepted Answer

project life cycle
Explanation

Question 19

Which of the following is NOT true about project management?

Accepted Answer

A) It is not limited to the private sector. 
B) Many opportunities are available for individuals interested in this career path. 
C) It improves one's ability to plan, implement and manage activities to accomplish specific organizational objectives. 
D) It focuses primarily on technical processes. 
E) It is a set of tools. 
A) It is not limited to the private sector. 
B) Many opportunities are available for individuals interested in this career path. 
C) It improves one's ability to plan, implement and manage activities to accomplish specific organizational objectives. 
D) It focuses primarily on technical processes. 
E) It is a set of tools.

Question 20

The initial stage in the project life cycle is the __________ stage.

Accepted Answer

defining
Explanation: Specifications of

Identify and briefly describe the six current drivers of project management.

As the number of small projects increase within an organization's portfolio, what is a challenge an organization faces?

One of the characteristics that separate project management from other endeavors of the organization is that there are specific time, cost, and performance requirements.

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

Which of the following activities is NOT considered a project?

Project governance means applying a set of knowledge, skills, tools, and techniques to a collection of projects in order to move the organization toward its strategic goals.

Which of the following is NOT one of the driving forces behind the increasing demand for project management?

Most people who excel at managing projects never have the title of project manager.

Projects should align with the organization's overall strategy in order to

Which of the following statements is true?

Contrary to on-going duties and responsibilities of traditional jobs, projects have a defined endpoint.

Corporate downsizing has increased the trend toward

Small business development is a major driver of project management.

The establishment of project goals, specifications, and responsibilities usually occurs in the ________ stage of the project life cycle.

One of the most significant driving forces behind the demand for project management is the ever increasing lengthening of the product life cycle.

WBS, schedules, and budgets are examples of the _________ dimension of the project management process.

The fundamentals of Project Management are considered universal across most businesses and professions.

Because projects have a defined beginning and end, the ________ is frequently used to manage the transitions of a project from start to completion.

Which of the following is NOT true about project management?

The initial stage in the project life cycle is the __________ stage.

Organization Strategy and Project Selection

Organization: Structure and Culture

Defining the Project

Estimating Project Times and Costs

Developing a Project Plan

Managing Risk

Scheduling Resources and Costs

Reducing Project Duration

Being an Effective Project Manager

Managing Project Team

Outsourcing: Managing Interorganizational Relations

Progress and Performance Measurement and Evaluation

Project Closure

International Projects

An Introduction to Agile Project Management

Filters

Exam 1: Modern Project Management

Identify and briefly describe the six current drivers of project management.

As the number of small projects increase within an organization's portfolio, what is a challenge an organization faces?

One of the characteristics that separate project management from other endeavors of the organization is that there are specific time, cost, and performance requirements.

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

Which of the following activities is NOT considered a project?

Project governance means applying a set of knowledge, skills, tools, and techniques to a collection of projects in order to move the organization toward its strategic goals.

Which of the following is NOT one of the driving forces behind the increasing demand for project management?

Most people who excel at managing projects never have the title of project manager.

Projects should align with the organization's overall strategy in order to

Which of the following statements is true?

Contrary to on-going duties and responsibilities of traditional jobs, projects have a defined endpoint.

Corporate downsizing has increased the trend toward

Small business development is a major driver of project management.

The establishment of project goals, specifications, and responsibilities usually occurs in the ________ stage of the project life cycle.

One of the most significant driving forces behind the demand for project management is the ever increasing lengthening of the product life cycle.

WBS, schedules, and budgets are examples of the _________ dimension of the project management process.

The fundamentals of Project Management are considered universal across most businesses and professions.

Because projects have a defined beginning and end, the ________ is frequently used to manage the transitions of a project from start to completion.

Which of the following is NOT true about project management?

The initial stage in the project life cycle is the __________ stage.

Organization Strategy and Project Selection

Organization: Structure and Culture

Defining the Project

Estimating Project Times and Costs

Developing a Project Plan

Managing Risk

Scheduling Resources and Costs

Reducing Project Duration

Being an Effective Project Manager

Managing Project Team

Outsourcing: Managing Interorganizational Relations

Progress and Performance Measurement and Evaluation

Project Closure

International Projects

An Introduction to Agile Project Management

Filters