"PROJECT MANAGEMENT"
1
Which of the following is not one of the commonly heard comments of project
managers?
A) Where did this project come from?
B) Why are we doing this project?
C) How can all these projects be first priority?
D) Why is this project so strongly linked to the strategic plan?
E) Where are we going to get the resources to do this project?
Ans : D
2 Strategy considered to be under purview of senior management is
A) Old school thinking
B) A new school of management thought
C) Necessary in a company structure
D) Beneficial to the Project Manager
E) Dependent on company goals
Ans: A
3 The intended outcome of strategy/projects integration is
A) Clear organization focus
B) Best use of scarce organization resources
C) Improved communication across projects and departments
D) Both A and C are correct
E) A, B, and C are all correct
Ans: E
4 Project managers who do not understand the role that their project plays in accomplishing the organization's strategy tend to make all the following mistakes except:
A) Focusing on low priority problems
B) Overemphasizing technology as an end in and of itself
C) Focusing on the immediate customer
D) Trying to solve every customer issue
E) All the above are likely mistakes
Ans: E
5 The textbook indicated that ________ is the major dimension of strategic management.
A) Responding to changes in the external market
B) Allocating scarce resources of the organization
C) Beating competition to the market
D) Both a and b are correct
E) Both a and c are correct
ANS grin emoticon
6 Which of the following questions does the organization's mission statement answer?
A) What are our long-term strategies?
B) What are our long-term goals and objectives?
C) How do we operate in the existing environment?
D) What do we want to become?
E) All of these are answered by the mission statement
ANS:D
7 Strategy formulation includes which of the following activities?
A) Determining alternatives
B) Creating profitability targets
C) Evaluating alternatives
D) Both a and c are correct
E) A, B, and C are all correct
ANS:D
8 The assessment of the external and internal environments is called _______ analysis.
A) SWOT analysis
B) Competitive
C) Industry
D) Market
E) Strategic
ANS:A
9 Which of the following is not one of the requirements for successful implementation of strategies through projects?
A) Allocation of resources
B) Prioritizing of projects
C) Motivation of project contributors
D) Adequate planning and control systems
E) All of these are requirements
ANS:E
10 Susie's department is implementing many projects. She finds herself starting and stopping work on one task to go and work on another task, and then return to the work on the original task. Susie is experiencing
A) Poor scheduling
B) Excess work burden
C) Flexible tasking
D) Multitasking
E) Burnout
ANS: D
11Project selection criteria are typically classified as:
A) Financial and non-financial
B) Short-term and long-term
C) Strategic and tactical
D) Required and optional
E) Cost and schedule
ANS:A
12 Which of the following is not one of the classifications for assessing a project portfolio?
A) Sacred cow
B) Bread-and-butter
C) Pearls
D) Oysters
E) White elephants
ANS:A
13 Which of the following is the reason(s) why project managers need to understand their organization's mission and strategy?
A) To make appropriate decisions and adjustments
B) To be effective project advocates
C) To be able to get their job done
D) Both A and B are correct
E) A, B, and C are all correct
ANS:D
14 Which of the following is not true of multi-weighted scoring models?
A) Will include quantitative criteria
B) Will include qualitative criteria
C) Each criterion is assigned a weight
D) Projects with higher scores are considered more desirable
E) All of the above are true
ANS: E
15 Which of the following is a common multicriteria selection model?
A) Checklist
B) Net Present Value
C) Weighted criteria model
D) Both A and C are correct
E) All of these are common multicriteria selection models
ANS:D
A) Where did this project come from?
B) Why are we doing this project?
C) How can all these projects be first priority?
D) Why is this project so strongly linked to the strategic plan?
E) Where are we going to get the resources to do this project?
Ans : D
2 Strategy considered to be under purview of senior management is
A) Old school thinking
B) A new school of management thought
C) Necessary in a company structure
D) Beneficial to the Project Manager
E) Dependent on company goals
Ans: A
3 The intended outcome of strategy/projects integration is
A) Clear organization focus
B) Best use of scarce organization resources
C) Improved communication across projects and departments
D) Both A and C are correct
E) A, B, and C are all correct
Ans: E
4 Project managers who do not understand the role that their project plays in accomplishing the organization's strategy tend to make all the following mistakes except:
A) Focusing on low priority problems
B) Overemphasizing technology as an end in and of itself
C) Focusing on the immediate customer
D) Trying to solve every customer issue
E) All the above are likely mistakes
Ans: E
5 The textbook indicated that ________ is the major dimension of strategic management.
A) Responding to changes in the external market
B) Allocating scarce resources of the organization
C) Beating competition to the market
D) Both a and b are correct
E) Both a and c are correct
ANS grin emoticon
6 Which of the following questions does the organization's mission statement answer?
A) What are our long-term strategies?
B) What are our long-term goals and objectives?
C) How do we operate in the existing environment?
D) What do we want to become?
E) All of these are answered by the mission statement
ANS:D
7 Strategy formulation includes which of the following activities?
A) Determining alternatives
B) Creating profitability targets
C) Evaluating alternatives
D) Both a and c are correct
E) A, B, and C are all correct
ANS:D
8 The assessment of the external and internal environments is called _______ analysis.
A) SWOT analysis
B) Competitive
C) Industry
D) Market
E) Strategic
ANS:A
9 Which of the following is not one of the requirements for successful implementation of strategies through projects?
A) Allocation of resources
B) Prioritizing of projects
C) Motivation of project contributors
D) Adequate planning and control systems
E) All of these are requirements
ANS:E
10 Susie's department is implementing many projects. She finds herself starting and stopping work on one task to go and work on another task, and then return to the work on the original task. Susie is experiencing
A) Poor scheduling
B) Excess work burden
C) Flexible tasking
D) Multitasking
E) Burnout
ANS: D
11Project selection criteria are typically classified as:
A) Financial and non-financial
B) Short-term and long-term
C) Strategic and tactical
D) Required and optional
E) Cost and schedule
ANS:A
12 Which of the following is not one of the classifications for assessing a project portfolio?
A) Sacred cow
B) Bread-and-butter
C) Pearls
D) Oysters
E) White elephants
ANS:A
13 Which of the following is the reason(s) why project managers need to understand their organization's mission and strategy?
A) To make appropriate decisions and adjustments
B) To be effective project advocates
C) To be able to get their job done
D) Both A and B are correct
E) A, B, and C are all correct
ANS:D
14 Which of the following is not true of multi-weighted scoring models?
A) Will include quantitative criteria
B) Will include qualitative criteria
C) Each criterion is assigned a weight
D) Projects with higher scores are considered more desirable
E) All of the above are true
ANS: E
15 Which of the following is a common multicriteria selection model?
A) Checklist
B) Net Present Value
C) Weighted criteria model
D) Both A and C are correct
E) All of these are common multicriteria selection models
ANS:D
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Project Management 2
The advent of project management has been most profound in
A) Automobile manufacturing
B) Construction
C) Information technology
D) The U.S. Department of Defense
E) Film making
The advent of project management has been most profound in
A) Automobile manufacturing
B) Construction
C) Information technology
D) The U.S. Department of Defense
E) Film making
Ans: C
2 CORRECT
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) Complex tasks
D) Only for internal use
E) Never been done before
Ans:D
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) Complex tasks
D) Only for internal use
E) Never been done before
Ans:D
3 CORRECT
From among the following activities, which is the best example of a project?
A) Processing insurance claims
B) Producing automobiles
C) Writing a term paper
D) Completing a college degree
E) All of these are good examples of projects
Ans :C
4 CORRECT
Which of the following choices is not one of the stages of a project life cycle?
A) Conceptualizing
B) Defining
C) Planning
D) Executing
E) Delivering
Ans:A
5 CORRECT
In which of the following stages are project objectives established, teams formed, and major responsibilities assigned?
A) Conceptualizing
B) Defining
C) Planning
D) Executing
E) Delivering
Ans:B
6 CORRECT
In which of the following stages are you more likely to find status reports, many changes, and the creation of forecasts?
A) Conceptualizing
B) Defining
C) Planning
D) Executing
E) Delivering
Ans:D
7 CORRECT
Which of the following choices is not one of the driving forces behind the increasing demand for project management?
A) Compression of the product life cycle
B) Knowledge explosion
C) Development of third world and closed economies
D) More emphasis on the product and less on the customer
E) Corporate downsizing
Ans grin emoticon
8 CORRECT
Project management is ideally suited for a business environment requiring all of the following except
A) Accountability
B) Flexibility
C) Innovation
D) Speed
E) Repeatability
Ans: E
From among the following activities, which is the best example of a project?
A) Processing insurance claims
B) Producing automobiles
C) Writing a term paper
D) Completing a college degree
E) All of these are good examples of projects
Ans :C
4 CORRECT
Which of the following choices is not one of the stages of a project life cycle?
A) Conceptualizing
B) Defining
C) Planning
D) Executing
E) Delivering
Ans:A
5 CORRECT
In which of the following stages are project objectives established, teams formed, and major responsibilities assigned?
A) Conceptualizing
B) Defining
C) Planning
D) Executing
E) Delivering
Ans:B
6 CORRECT
In which of the following stages are you more likely to find status reports, many changes, and the creation of forecasts?
A) Conceptualizing
B) Defining
C) Planning
D) Executing
E) Delivering
Ans:D
7 CORRECT
Which of the following choices is not one of the driving forces behind the increasing demand for project management?
A) Compression of the product life cycle
B) Knowledge explosion
C) Development of third world and closed economies
D) More emphasis on the product and less on the customer
E) Corporate downsizing
Ans grin emoticon
8 CORRECT
Project management is ideally suited for a business environment requiring all of the following except
A) Accountability
B) Flexibility
C) Innovation
D) Speed
E) Repeatability
Ans: E
9 CORRECT
Which of the following is the number one characteristic that is looked for in management candidates?
A) Overall intelligence
B) Works well with others
C) Experience
D) Past successes
E) Good references
Ans : B
Which of the following is the number one characteristic that is looked for in management candidates?
A) Overall intelligence
B) Works well with others
C) Experience
D) Past successes
E) Good references
Ans : B
10 CORRECT
A common rule of thumb in the world of high-tech product development is that a six-month project delay can result in a loss of product revenue share of ___ percent.
A) 10
B) 20
C) 33
D) 45
E) 50
Ans :C
A common rule of thumb in the world of high-tech product development is that a six-month project delay can result in a loss of product revenue share of ___ percent.
A) 10
B) 20
C) 33
D) 45
E) 50
Ans :C
11 CORRECT
Integration of project management with the organization takes place with the
A) Master budget
B) Strategy plan
C) Process of managing actual projects
D) Both b and c are correct
E) A, B, and C are all correct
Ans:D
12 CORRECT
Which of these is not part of the "technical dimension" of project management?
A) WBS
B) Budgets
C) Problem solving
D) Schedules
E) Status reports
Ans:C
13 CORRECT
Corporate downsizing has increased the trend toward
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
Ans:B
14 INCORRECT
A series of coordinated, related, multiple projects that continue over extended time intended to achieve a goal is known as a
A) Strategy
B) Program
C) Campaign
D) Crusade
E) Venture
Ans : B
Integration of project management with the organization takes place with the
A) Master budget
B) Strategy plan
C) Process of managing actual projects
D) Both b and c are correct
E) A, B, and C are all correct
Ans:D
12 CORRECT
Which of these is not part of the "technical dimension" of project management?
A) WBS
B) Budgets
C) Problem solving
D) Schedules
E) Status reports
Ans:C
13 CORRECT
Corporate downsizing has increased the trend toward
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
Ans:B
14 INCORRECT
A series of coordinated, related, multiple projects that continue over extended time intended to achieve a goal is known as a
A) Strategy
B) Program
C) Campaign
D) Crusade
E) Venture
Ans : B
15
INCORRECT
From 1994 to 2009 the trend for projects late or over budget was:
A) Significantly better
B) Slightly better
C) About the same
D) Slightly worse
E) Significantly worse
Ans:B
From 1994 to 2009 the trend for projects late or over budget was:
A) Significantly better
B) Slightly better
C) About the same
D) Slightly worse
E) Significantly worse
Ans:B
Project management 3
Your Results:
The correct answer for each question is indicated by yellow color highlight.
Your Results:
The correct answer for each question is indicated by yellow color highlight.
Organizational culture is best explained as organizational
A) Personality
B) Hierarchy
C) Reporting relationships
D) Background
E) Management style
ANS:A
B) Hierarchy
C) Reporting relationships
D) Background
E) Management style
ANS:A
A good project management system provides for defining the
interface between the project team and the organization in all the following
areas except
A) Authority
B) Allocation of resources
C) Development of project team members
D) Integration of the project into the organization
E) All of these are provided
ANS:C
A) Authority
B) Allocation of resources
C) Development of project team members
D) Integration of the project into the organization
E) All of these are provided
ANS:C
Which of the following is an advantage of a functional project management organization?
A) Maximum flexibility in the use of staff
B) Good integration across functional units
C) Shorter project duration
D) Strong motivation of project team members
E) All of these are advantages
ANS:A
MegaComputers, Inc. has assigned a project manager for each of
the five new-product teams. The managers as well as the project team members
work on the projects on a full-time basis. The structure being used is ________
organization.
A) Functional
B) Balanced matrix
C) Weak matrix
D) Strong matrix
E) Project
ANS:E
A) Functional
B) Balanced matrix
C) Weak matrix
D) Strong matrix
E) Project
ANS:E
Elizabeth is considering how to structure a project team that will not directly disrupt ongoing operations. The project needs to be done quickly and a high level of motivation will be needed in order to do that. For this situation, the ______ organization would be the best choice.
A) Functional
B) Balanced matrix
C) Weak matrix
D) Strong matrix
E) Project
ANS:E
A project management system provides a framework for launching and implementing project activities within a ______ organization.
A) Matrix
B) Balanced
C) Weak
D) Sponsor
E) Parent
ANS:
In which of the following is the balance of authority strongly
in favor of the functional managers?
A) Weak matrix
B) Balanced matrix
C) Strong matrix
D) Strong
E) Both C and D are correct
A) Weak matrix
B) Balanced matrix
C) Strong matrix
D) Strong
E) Both C and D are correct
ANS:A
Matrix management violates the management principle of
A) Span of control
B) Unity of command
C) Parity principle
D) Empowerment
E) All of these management principles
A) Span of control
B) Unity of command
C) Parity principle
D) Empowerment
E) All of these management principles
ANS:B
The project structure that is ranked as least effective is
_______ organization.
A) Functional
B) Balanced matrix
C) Weak matrix
D) Strong matrix
E) Project
ANS:A
A) Functional
B) Balanced matrix
C) Weak matrix
D) Strong matrix
E) Project
ANS:A
From the list below, which is not a primary characteristic of organization culture?
A) Control
B) Team emphasis
C) History
D) Conflict tolerance
E) Risk tolerance
ANS:C
Who is responsible for determining how tasks will be done in a
matrix project management structure?
A) The functional manager
B) The project manager
C) Both are responsible
D) This is no pattern of who takes responsibility
E) None of these are true
A) The functional manager
B) The project manager
C) Both are responsible
D) This is no pattern of who takes responsibility
E) None of these are true
ANS:A
The Macintosh development team at Apple is a good example of
what kind of project structure?
A) Project
B) Balanced Matrix
C) Project Matrix
D) Functional Matrix
E) Functional
ANS:A
A) Project
B) Balanced Matrix
C) Project Matrix
D) Functional Matrix
E) Functional
ANS:A
The Organizational Culture Diagnosis Worksheet classifies cultural characteristics into all of the following except:
A) Physical characteristics
B) Public documents
C) Behavior
D) Folklore
E) Ethics
ANS:E
Which of the following is not one of the typical forms of a
project management office?
A) Command center
B) Control tower
C) Resource pool
D) Weather station
E) All of these are typical forms of a project management office
A) Command center
B) Control tower
C) Resource pool
D) Weather station
E) All of these are typical forms of a project management office
Which of the following cultural characteristics relates to the degree to which management focuses on outcomes rather than on techniques and processes used to achieve those results?
A) Risk tolerance
B) Reward criteria
C) Conflict tolerance
D) Means versus end orientation
E) Open-systems focus
ANS:D
