PROJECT MANAGEMENT Question 1 A baseline is the project\'s scope fixed at a spec
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Question
PROJECT MANAGEMENT
Question 1
A baseline is the project's scope fixed at a specific point in time.
True
False
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Question 2
The scope baseline is a document that provides a summary description of each reporting relationship along with a schedule for meetings and reports.
True
False
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Question 3
Most effective project maturity models chart both a set of standards that are currently accepted as state-of-the-art as well as a process for achieving significant movement towards these benchmarks.
True
False
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Question 4
The present value of money is lower the further out in the future I expect to spend it.
True
False
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Question 5
The BEST time to establish reasonable controls is when they are first needed during the project.
True
False
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Question 6
A company's culture has little impact on whether projects are successfully implemented.
True
False
Question 7
The late start time should be calculated using a forward pass through the network.
True
False
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Section 2 - Multiple Choice
Question 8
A project typically has:
A)
A defined start and end date.
B)
A defined start date but no defined end date.
C)
No defined start but a defined end date.
D)
No defined start or end date.
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Question 9
Which of these is NOT characteristic of a project?
A)
Projects are responsible for the newest and most improved products, services, and organizational processes.
B)
Projects are ad hoc endeavors with a clear life cycle.
C)
Projects provide a philosophy and strategy for the management of change.
D)
Traditional process management functions of planning, organizing, and controlling do not apply to project management.
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Question 10
The behavioral side of project management emphasizes:
A)
Project selection.
B)
Leadership.
C)
Scheduling.
D)
Planning.
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Question 11
A strategic perspective on project management might ask which of the following questions prior to undertaking a project?
A)
Can we define the problem?
B)
Do we have the necessary budget for this project?
C)
What is our corporate culture?
D)
Does this project support the company vision?
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Question 12
The management department at the university decides to add a new program in restaurant, hotel, and institutional management. As part of the development process they hold focus groups consisting of area business leaders, current and former students, and restaurant and hotel owners. These groups can be described as:
A) Project leaders.
B) Project workers.
C) Stakeholders.
D) Clients.
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Question 13
Which of the following is NOT an element of organizational structure?
A)
Well-articulated mission, vision, and value statements.
B)
Formal reporting relationships.
C)
Grouping together of individuals into departments.
D)
Systems designed to ensure effective communication.
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Question 14
Which statement regarding project selection is BEST?
A)
Organizational reality can be perfectly captured by most decision-making models.
B)
Before selecting any project, the team should identify all the relevant issues that play a role in project selection.
C)
Decision models must contain either objective or subjective factors.
D)
Every decision model has both objective and subjective factors.
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Question 15
Which of the following is a direct cost?
A)
Rent
B)
Depreciation on equipment
C)
Labor
D)
Health benefits
Question 16
Which of these lists of duties is more reflective of managerial tasks?
A)
Creating vision and strategies.
B)
Problem solving.
C)
Long-term risk taking,
D)
Communication by word and deed.
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Question 17
Projects are often underfunded in the concept stage because:
A)
The project requirements were deliberately understated.
B)
There is complete trust in project managers by top management so more resources can be asked for at any time.
C)
The project's goals are too clearly defined.
D)
The project's top management sponsor is too influential.
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Question 18
Prior to creating a network, it is important to:
A)
Identify all loops through activities.
B)
Identify the pary responsible for each activity.
C)
Calculate the float for each activity.
D)
Understand the activity precedence.
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Section 3 - Short Answer/Essay -
Question 19
Describe or define any four important attributes for screening models used to evaluate projects.
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Question 20
What are key differences between projects and processes?
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Question 21
What are the three types of organizations presented by the author and how are they different?
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Question 22
What are the advantages and disadvantages of using a functional structure to manage a project?
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Question 23
What is the purpose of controls? Describe any three types of control systems.
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Question 24
What are the characteristics of effective project teams?
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Question 25
Describe the four things that are necessary to promote the partnership idea between the project manager and the team.
True
False
Explanation / Answer
1. TRUE
2. FALSE
3. TRUE
4. FALSE
5. TRUE
6. FALSE
7. TRUE
8. a) A defined start and end date
9. d) Traditional process management functions of planning, organizing, and controlling do not apply to project management.
10. b) Leadership
11. d) Does this project support the company vision?
12. c) Stakeholders.
13. a)Well-articulated mission, vision, and value statements.
14. d)Every decision model has both objective and subjective factors.
15. c)Labor
16. b) Problem Solving
17. a)The project requirements were deliberately understated.
18. d) Understand the activity precedence.
For the short answer please clarify the word count and post them indiviudally to make it easy and effective.
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