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g The fundamentals of Project Management are considered universal across most bu

ID: 421121 • Letter: G

Question

g

The fundamentals of Project Management are considered universal across most businesses and professions.

True

False


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Question 2 0.5 pts

Which of the following activities is NOT considered a project?

Designing a space station

Developing a new advertising program

Developing a new software program

Preparing the site for the Olympic Games

Production of automobile tires


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Question 3 0.5 pts

Which of the following is NOT considered to be a characteristic of a project?

For internal use only

A clear beginning and end

An established objective

Specific time, cost and performance requirements

Something never been done by a particular company before


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Question 4 0.5 pts

Which of the following represents the correct order of stages within the project life cycle?

Closing, Planning, Defining, Executing

Executing, Defining, Planning, Closing

Planning, Defining, Closing, Executing

Defining, Planning, Executing, Closing

Planning, Defining, Executing, Closing



Question 5 0.5 pts

Which of the following is NOT one of the driving forces behind the increasing demand for project management?

More sustainable business practices

Declining need for product customization

Compression of the product life cycle

Knowledge explosion

Increasing need for concurrent multi-project management


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Question 6 0.5 pts

Which of the following is NOT true about organizational politics?

Politics can influence project selection.

Politics can play a role in the aspirations behind projects

Project managers should not engage in organizational politics.

Politics can have a significant influence on which projects receive funding.


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Question 7 0.5 pts

Why do project managers need to understand their organization's mission and strategy?

So that they can make sure the customer is satisfied.

So they can make appropriate decisions and adjustments and be effective project advocates.

It is only important for senior management to understand the organization's mission and strategy.

To reduce project duration and increase the number of projects implemented

To get their job done and increase opportunities for promotion.


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Question 8 0.5 pts

Which of the following problems refers to lack of understanding and consensus of organization strategy among top and middle-level managers? This also can result when top management formulates strategy and leaves implementation to functional managers.

Organization politics

Employee turnover

Resource conflicts

Implementation gap

Multitasking


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Question 9 0.5 pts

When creating a selection model, it is important to

make it mathematically complex so it cannot be "gamed."

assure the objectivity of the model.

not use it as the final determination for project selection.

keep it secret from those submitting project proposals.


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Question 10 0.5 pts

An operational project is one that

is completed to meet regulatory compliance.

must be completed.

can improve organizational performance.

supports an organizations’ long-run mission.

Explanation / Answer

1 True

The fundamentals are universal and globally adopted and used in the projects.

2 Production of automobile tires

This is not an example of project. There will be a process through which the tires will be made. All others are example of project.

3 For internal use only

The projects are not used fpr internal purpose only. It may be used externally.

4 Defining, Planning, Executing, Closing

This is the current order.

The project is initiated, then it is planned ho to complete I, then the plan is executed and finally the after the completion the project is closed.