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QM 6655 Quiz 1 | Questions and Answers with Complete Solution | Latest Update 2026

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QM 6655 Quiz 1 | Questions and Answers with Complete Solution | Latest Update 2026

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Question 1
pts
Projects should align with the organization's overall strategy in order to


Ensure customer satisfaction.



Reduce waste of scarce resources.



None of these are reasons why projects should align with the organization's overall
strategy.


Secure funding.



Complete the project safely.

MC Qu. 18 Projects should align with the organization's...
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Learning Objective: 01-02 Distinguish a project from routine operations.
Topic: Project Governance


Question 2
pts
Project management is important to understand when people are a part of a project
team because they


All of these are reasons it is important for project team members to understand project
management.


Work with others to create a schedule and budget.

,Need to be able to monitor and report project progress.



Need to understand project priorities so they can make independent decisions.



Need to understand the project charter or scope statement that defines the objectives
and parameters of the project.

MC Qu. 16 Project management is important to understand...
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 1 Easy
Learning Objective: 01-02 Distinguish a project from routine operations.
Topic: What is a Project?


Question 3
pts
In the _____________ stage of What is a Project?, a major portion of the actual project
work performed.


Closing


Planning



Executing



Defining



Identifying

MC Qu. 07 In the _____________ stage of...
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation

, Blooms: Understand
Difficulty: 2 Medium
Learning Objective: 01-03 Identify the different stages of project life cycle.
Topic: What is a Project?


Question 4
pts
In the _____________ stage of What is a Project? project the product is delivered to the
customer and resources are released from the project.


Planning



Identifying



Defining



Executing



Closing
MC Qu. 10 In the _____________ stage of...
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 1 Easy
Learning Objective: 01-03 Identify the different stages of project life cycle.
Topic: What is a Project?


Question 5
pts
Which of the following is NOT considered to be a characteristic of a project?


An established objective

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