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Testbank and Solution manual for Project Management The Managerial Process 7th Editionby Erik Larson
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For Project Management The Managerial Process 7th
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For Project Management The Managerial Process 7th
Testbank and Solution manual for Project Management The Managerial Process 7th Editionby Erik Larson
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1-1 Copyright © 2018 McGraw -Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw -Hill Education. Chapter 01 Modern Project Management Answer Key Multiple 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 projec ts 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 1-2 Copyright © 2018 McGraw -Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw -Hill Education. 3. Which of the following activities i s 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 Thinkin g 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 Thinkin g 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? 1-3 Copyright © 2018 McGraw -Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw -Hill Education. 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? 8. In the _____________ stage of What is a Project? you are more likely to find status reports, changes, and the creation of forecasts. A. Identifying B. Defining C. Planning D. Executing E. Closing You are more likely to find status reports, changes and the creation of forecasts in the executing stage of What is a Project?. 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?
