QM 6655 Midterm Exam Questions and Correct
Answers with Complete Solution | Latest Update
2026 | Graded A+
Score for this quiz: 100 out of 100
Submitted Sep 11 at 10:55pm
This attempt took 82 minutes.
Question 1
pts
Like many other professions such as accounting, marketing and finance, there is a professional
organization for project managers. One professional organization for project managers has
grown from 93,000 in 2002 to more than 565,000 currently and is the ___________.
Institute for Project Managers
Society for Project Professionals and Project Managers
Organization for Project Managers and Professionals
Project Management Institute (PMI)
The Union of Project Professionals
Question 2
pts
Which of the following is NOT one of the driving forces behind the increasing demand for
project management?
,Compression of the product life cycle
Knowledge explosion
Increasing need for concurrent multi-project management
Declining need for product customization
More sustainable business practices
Question 3
pts
Because projects have a defined beginning and end, the ________ is frequently used to manage
the transitions of a project from start to completion.
product life cycle
project life cycle
development life cycle
transition life cycle
completion life cycle
,vision
objective
goal
mission
purpose
Question 5
pts
A project life cycle is characterized as made up of stages. The initial stage in the project life cycle
is the __________ stage.
conceptual
closing
, defining
planning
executing
will only ever consist of four phases.
must be dogmatically followed.
reduces the amount of planning necessary.
can vary based on the industry.
will always have a phase called ‘visioning’.
Answers with Complete Solution | Latest Update
2026 | Graded A+
Score for this quiz: 100 out of 100
Submitted Sep 11 at 10:55pm
This attempt took 82 minutes.
Question 1
pts
Like many other professions such as accounting, marketing and finance, there is a professional
organization for project managers. One professional organization for project managers has
grown from 93,000 in 2002 to more than 565,000 currently and is the ___________.
Institute for Project Managers
Society for Project Professionals and Project Managers
Organization for Project Managers and Professionals
Project Management Institute (PMI)
The Union of Project Professionals
Question 2
pts
Which of the following is NOT one of the driving forces behind the increasing demand for
project management?
,Compression of the product life cycle
Knowledge explosion
Increasing need for concurrent multi-project management
Declining need for product customization
More sustainable business practices
Question 3
pts
Because projects have a defined beginning and end, the ________ is frequently used to manage
the transitions of a project from start to completion.
product life cycle
project life cycle
development life cycle
transition life cycle
completion life cycle
,vision
objective
goal
mission
purpose
Question 5
pts
A project life cycle is characterized as made up of stages. The initial stage in the project life cycle
is the __________ stage.
conceptual
closing
, defining
planning
executing
will only ever consist of four phases.
must be dogmatically followed.
reduces the amount of planning necessary.
can vary based on the industry.
will always have a phase called ‘visioning’.
