Jeffrey K Pinto
TEST BANK
Includes All Chapters (1 to 14)
What’s Included?
• Complete Chapter-by-Chapter Test Bank - All Chapters
• Multiple Choice Questions (MCQs) with Answers & Explanations
• True False (T/F)
• Short Questions / Answers (Essay type)
,Project Management: Achieving Competitive Advantage, 6e (Pinto)
Chapter 1 Introduction: Why Project Management?
1.1 The Need for Projects
1) Projects, rather than repetitive tasks, are now the basis for most value-added in business.
Answer: TRUE
Diff: 1
Section: 1.1 The Need for Projects
LO: 1.1: Understand why project management is becoming such a powerful and popular
practice in business.
Classification: Application
AACSB: Application of Knowledge
2) Projects are one of the principal means by which we change our world.
Answer: TRUE
Diff: 1
Section: 1.1 The Need for Projects
LO: 1.1: Understand why project management is becoming such a powerful and popular
practice in business.
Classification: Application
AACSB: Application of Knowledge
3) Companies face international competition and the need to rapidly pursue commercial
opportunities. They must do which of the following?
A) Modify and introduce products constantly, respond to customers as fast as possible, and
maintain competitive cost and operating levels.
B) Make products repetitively, communicate with the stakeholders often, and maintain costs and
operations.
C) Update products regularly, respond to customers as fast as possible, and improve overhead
costs and operations.
D) Launch new products often, respond to stakeholders frequently, and maintain competitive
costs and operating levels.
Answer: A
Diff: 2
Section: 1.1 The Need for Projects
LO: 1.1: Understand why project management is becoming such a powerful and popular
practice in business.
Classification: Application
AACSB: Application of Knowledge
1
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,4) According to Joy Gumz's analogy, what role does project management play in an
organization?
A) It maintains daily operations.
B) It sets long-term strategic goals.
C) It drives organizational progress.
D) It reduces the need for innovation.
Answer: C
Diff: 2
Section: 1.1 The Need for Projects
LO: 1.1: Understand why project management is becoming such a powerful and popular
practice in business.
Classification: Application
AACSB: Application of Knowledge
5) What characteristics do companies such as Google, Apple, Ericsson, Tata Motors, Lockheed-
Martin, and Oracle share?
Answer: They had developed and committed themselves to project management as a
competitive tool.
Diff: 2
Section: 1.1 The Need for Projects
LO: 1.1: Understand why project management is becoming such a powerful and popular
practice in business.
Classification: Application
AACSB: Application of Knowledge
1.2 What is a Project?
1) What roles do traditional process management duties of planning, organizing, and controlling
play in project management, if any?
Answer: The traditional managerial duties of planning, organizing, and controlling all apply to
project management. Project managers must be technically well-versed, proficient at
administrative functions, willing and able to assume leadership roles, and above all, goal-
oriented. The project manager is the person most responsible for keeping track of the big picture.
Diff: 2
Section: 1.2 What Is a Project?
LO: 1.2: Recognize the basic properties of projects, including their definition.
Classification: Application
AACSB: Application of Knowledge
2
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, 2) Why is project management challenging?
Answer: Projects present challenges for a number of reasons; by their nature, they are often
dramatic departures from the routine process-oriented work that employees are accustomed to.
Projects face budget, time, and resource constraints, and these resources must often be marshaled
from across the organization.
Diff: 2
Section: 1.2 What Is a Project?
LO: 1.2: Recognize the basic properties of projects, including their definition.
Classification: Application
AACSB: Application of Knowledge
3) A project typically has:
A) A defined start and end date.
B) A defined start date but no defined end date.
C) No defined start, but a defined end date.
D) No defined start or end date.
Answer: A
Diff: 1
Section: 1.2 What Is a Project?
LO: 1.2: Recognize the basic properties of projects, including their definition.
Classification: Concept
AACSB: Application of Knowledge
4) The acronym PMBoK stands for:
A) The Personal Management Before or Kernel.
B) The Project Movement Behind our Kernel.
C) The Project Management Body of Knowledge.
D) The Performance Measurement Body of Knowledge.
Answer: C
Diff: 1
Section: 1.2 What Is a Project?
LO: 1.2: Recognize the basic properties of projects, including their definition.
Classification: Application
AACSB: Application of Knowledge
5) There is no such thing as a project team:
A) With a deliverable.
B) With an ongoing, non-specific purpose.
C) With a goal.
D) With a project manager.
Answer: B
Diff: 2
Section: 1.2 What Is a Project?
LO: 1.2: Recognize the basic properties of projects, including their definition.
Classification: Application
AACSB: Application of Knowledge
3
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