Exam (elaborations)
Project Management The Managerial Process 7th Edition by Erik W. Larson -Test Bank
- Course
- Institution
Test Bank For Project Management The Managerial Process 7th Edition by Erik W. Larson Complete Test Bank
[Show more]
Seller
Follow
ExamsExpert
Reviews received
Content preview
, Chapter 01 Modern Project Management Answer KeyMultiple Choice Questions
1. A professional organization for project managers is the
A. PMI.
B. AMA.
C. MIS.
D. IPM.
E. PMBOK.
The Project Management Institute (PMI) is a professional organization for project managers.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-04 Understand the importance of projects in implementing organization strategy.
Topic: Current Drivers of Project Management
2. Which of the following is NOT considered to be a characteristic of a project?
A. An established objective
B. A clear beginning and end
C. Specific time, cost and performance requirements
D. For internal use only
E. Something never been done by a particular company
before
Projects have an established objective, a defined life span, the involvement of several departments and
professionals, is something that has never been done before, and it has specific time, cost and
performance requirements.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Apply
Difficulty: 2 Medium
Learning Objective: 01-03 Identify the different stages of project life cycle.
Topic: Current Drivers of Project Management
,3. Which of the following activities is NOT considered a project?
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 project is not routine, repetitive work! Ordinary daily work typically requires doing the same or
similar work over and over, while a project is done only once; a new product or service exists when the
project is completed.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Learning Objective: 01-02 Distinguish a project from routine operations.
Topic: Current Drivers of Project Management
4. Which of the following activities is the best example of a project?
A. Processing insurance claims
B. Producing automobiles
C. Writing a policy manual
D. Monitoring product quality
E. Overseeing customer requests
A project is not routine, repetitive work! Ordinary daily work typically requires doing the same or
similar work over and over, while a project is done only once; a new product or service exists when the
project is completed.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Learning Objective: 01-02 Distinguish a project from routine operations.
Topic: What is a Project?
5. Which of the following is NOT one of the stages of a project life cycle?
A. Identifying
B. Defining
C. Planning
D. Executing
E. Closing
What is a Project? passes sequentially through four stages: defining, planning, executing and closing.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
, Blooms: Understand
Difficulty: 2 Medium
Learning Objective: 01-03 Identify the different stages of project life cycle.
Topic: What is a Project?
6. In the _____________ stage of What is a project?, project objectives are established, teams are formed,
and major responsibilities are assigned.
A. Identifying
B. Defining
C. Planning
D. Executing
E. Closing
Specifications of the project are defined; project objectives are established; teams are formed; major
responsibilities are assigned in the defining stage.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Learning Objective: 01-03 Identify the different stages of project life cycle.
Topic: What is a Project?
7. In the _____________ stage of What is a Project?, a major portion of the actual project work
performed.
A. Identifying
B. Defining
C. Planning
D. Executing
E. Closing
A major portion of the project work takes place-both physical and mental-in the executing stage.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Learning Objective: 01-03 Identify the different stages of project life cycle.
Topic: What is a Project?
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller ExamsExpert. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $26.70. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
79373 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now