1. The emergence of global markets has made project management skills more criti
ID: 350030 • Letter: 1
Question
1. The emergence of global markets has made project management skills more critical.(T/F) (4 points) 2. There is no such thing as a project team: (4 points) A) With a deliverable. B) With an ongoing, non-specific purpose. C) With a goal. D) With a project manager. 3. A product is introduced into a market, gains the acceptance of a fickle public, and finally is supplanted by a new and improved offering. This phenomenon is known as the: (4 points) A) Product life cycle. B) Rule of 80. C) Mendoza line. D) Beta. 4. Projects are typically ongoing, day-to-day activities that have goods and services as outputs. (T/F) (4 points) 5. Acme uses no recognizable project management processes and has entertaining project meetings because each member has a unique way of reporting progress or lack thereof project management maturity model. (T/F) (4 points) . Acme is most likely at the moderate level in the generic phase of the project life cycle. (4 points) 6. Individual activities and their durations are developed during the A) planning B) conceptualization C) execution D) terminationExplanation / Answer
Ans:
1) True
The emergence of global markets has made project management skills more critical.This is because due to emergence of global markets the number of projects undertaken has increased and also the factors effecting the projects have increased.
2) Option B
with an ongoing, non-specific purpose
Project teams are created for a specific purpose in a project.Hence in an ongoing project, project teams will have a specific purpose to be achieved.
3) Option A
Product life cycle
Product life cycle is the cycle of the product through which the product goes in its life cycle.Its stages are Introduction,growth,maturity and decline.
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