File: ch01, Chapter 1: Projects in Contemporary Organizations Multiple Choice 1. The growing demand for a broad range of complex, sophisticated, customized goods and services would have which one of the following implications for the management of projects in modern organizations a) Project managers are responsible for making detailed technical decisions b) Project managers should rely on the use of teams to plan and execute projects c) Most projects will be performed using subcontractors d) The design of a project solution should always be frozen early in the planning process 2. Identify the example that would not usually be considered a project. a) Building a car b) Developing a computer software application program c) Designing a new product d) Installing new equipment in an existing production line Response: While it is true that automobiles have an element of customization, process management techniques are used to mass-produce the vehicles. Refer to the section titled titled “Non Projects and quasi projects.” Level: intermediate 3. According to the authors, the prime objectives of project management a re cost, time and a) Schedule b) Quality c) Customer satisfaction d) Performance 4. The term “program” refers to an exceptionally large, long-range objective that is broken down into a set of ________. a) Tasks b) Projects c) Subprojects d) Campaigns 5. Five attributes that characterize a project include: a) Purpose, repetition, interdependencies, consistency, uncertainty b) Lifecycle, schedule, cost, uncertainty, independence c) Performance, lifecycle, uniqueness, conflict, interdependencies d) Purpose, lifecycle, conflict, certainty, independence 6. The mission of the _________ ___ ______ is to foster the growth of project manag ement and build professionalism in the field. a) Project Management Institute b) Manhattan Project c) Project Management Book of Knowledge d) ARPAnet 7. Which of the following statements is false in regards to projects? a) Projects have limited budgets. b) Projects have life cycles. c) On most projects, conflict does not exist. d) Every project has some elements that are unique.
8. ______________, a term used to cover both risk quantification and risk response planning, is devoted to estimating the impacts that uncertainties have on project outcomes. a) risk planning b) b) risk analysis c)risk mitigation d) risk mining Short Answer 9. Rising client expectations during execution of a project may lead to a condition known as ________. Ans: scope creep. 10. A project is a temporary endeavor undertaken to create a ________ product or service. Ans: unique. 11. Having only partial or no information about a situation or outcome, often due to ambiguity or complexity is known as ________. Ans: uncertainty. 12. With respect to project goals throughout the project’s lifecycle, early in the lifecycle, the project team’s focus should be on how to achieve the required ________. Ans: performance. 13. An important implication of the project lifecycle concept is that a project will resist ________ of its existence. Ans: termination. True/False 14. Because the customer is not a member of the performing pe rforming organization, the customer is not a stakeholder of the project. Ans: False 15. The pattern of progress observed o bserved in every project lifecycle can be explained by the Scurve that exhibits a cumulative pattern p attern of slow-rapid-slow progress. Ans: False 16. The conventional project lifecycle can be described as a pattern of cumulative progress that is slow-rapid-slow progress. Ans: True 17. Earned value is based on the concept that the percentage of project completion is closely correlated with cost or with the use of resources. Ans: True 18. In a conventional project lifecycle, as work progresses uncertainty about the expected outcome should increase. Ans: False 19. Project management provides an organization with powerful tools that improve its ability to plan, implement, and control its activites. Ans: True 20. In general, projects today are getting smaller and smaller. Ans: False
