ch01 Student 1 The advent of project management has been most profound in cid 10 cid 10 2 A professional organization for project management specialists is the cid 10 cid 10 3 Which of the following is not considered to be a characteristic of a project cid 10 cid 10 4 Which of the following activities is not considered a project cid 10 cid 10 A Automobile manufacturing B Construction C Information technology D The U S Department of Defense E Film making A PMI B AMA C MIS D IPM E PMBOK A An established objective B A clear beginning and end C Complex tasks D Only for internal use E Never been done before 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 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 A Time B People C Cost D Performance E Both B and D are not typical constraints 5 From among the following activities which is the best example of a project cid 10 cid 10 6 Which of the following constraints is not typically found in managing projects cid 10 cid 10 7 Which of the following choices is not one of the stages of a project life cycle cid 10 cid 10 A Conceptualizing B Defining C Planning D Executing E Delivering cid 10 In which of the following stages are project objectives established teams formed and major responsibilities assigned cid 10 A Conceptualizing B Defining C Planning D Executing E Delivering 8 9 cid 10 In which of the following stages is a major portion of the physical and mental project work performed cid 10 A Conceptualizing B Defining C Planning D Executing E Delivering 10 In which of the following stages are you more likely to find status reports many changes and the cid 10 creation of forecasts cid 10 A Conceptualizing B Defining C Planning D Executing E Delivering 11 Which of the following characteristics is not typical of a project manager cid 10 cid 10 A Managing a temporary activity B Possesses in depth technical knowledge C Managing a non repetitive activity D Manages independently of the formal organization E Provides a direct link to the customer 12 Which of the following choices is not one of the driving forces behind the increasing demand for project cid 10 management cid 10 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 13 Which of the following statements is true cid 10 cid 10 A Project management is becoming 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 Both A and B are true E A B and C are all true 14 Project management is ideally suited for a business environment requiring all of the following except cid 10 cid 10 15 Which of the following is the number one characteristic that is looked for in management candidates cid 10 cid 10 A Accountability B Flexibility C Innovation D Speed E Repeatability A Overall intelligence B Works well with others C Experience D Past successes E Good references 16 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 The waste on failed projects and cost overruns is estimated in the neighborhood of cid 10 A 10 B 20 C 33 D 45 E 50 cid 10 17 The waste on failed projects and cost overruns is estimated in the neighborhood of cid 10 cid 10 A Under 100 Million B Over 150 Billon C Under 10 Billion D Between 90 100 Billion E Between 125 135 Billion 18 Which of the following is the first step in developing a set of strategies designed to best meet the needs of cid 10 customers cid 10 A Market Research B Define the Integrated Project Management System C Environmental Analysis D Project Selection E All of the above are correct 19 Integration of project management with the organization takes place with the cid 10 cid 10 20 Two dimensions within the project management process are cid 10 cid 10 21 Which of these is not part of the technical dimension of project management cid 10 cid 10 22 Which of these is not part of the sociocultural dimension of project management cid 10 cid 10 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 A Technical and sociocultural B Cost and time C Planned and unexpected D Established and new E Unique and reoccurring A WBS B Budgets C Problem solving D Schedules E Status reports A Negotiation B Resource allocation C Customer expectations D Leadership E Politics 23 Corporate downsizing has increased the trend toward cid 10 cid 10 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 24 The importance of project management has increased due to cid 10 A The movement of manufacturing operations out of the U S B Time to market C The movement toward flatter and leaner organizations D Both a and b are true E A B and C are all true cid 10 25 Which of the following is not typically the responsibility of a project manger cid 10 cid 10 A Meeting budget requirements B Meeting schedule requirements C Meeting performance specifications D Coordinates the actions of the team members E All of these are typical responsibilities 26 A series of coordinated related multiple projects that continue over extended time intended to achieve a 27 In which of the following stages is it determined what the project will entail when it will be scheduled cid 10 goal is known as a cid 10 A Strategy B Program C Campaign D Crusade E Venture whom it will benefit and what the budget will be cid 10 A Conceptualizing B Defining C Planning D Executing E Delivering cid 10 28 Competing in a global market is influenced by cid 10 cid 10 A Rapid change B Innovation C Time to market D Politics E A B and C are all true 29 Integration of all project processes and practices to improve Project Management is due to cid 10 cid 10 A Centralization B Environmental analysis C Customer Expectations D Project management system E The organization s environment and culture 30 From 1994 to 2009 the trend for projects