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QM 6655 Midterm Exam Questions and Answers 100% Correct | Fall 2026 Update | Graded A+

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QM 6655 Midterm Exam Questions and Answers 100% Correct | Fall 2026 Update | Graded A+

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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


r:
Society for Project Professionals and Project Managers


r:
Organization for Project Managers and Professionals



Project Management Institute (PMI)


r:
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?

r:
Compression of the product life cycle


r:
Knowledge explosion

,r:
Increasing need for concurrent multi-project management



Declining need for product customization


r:
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


c::
project life cycle


r:
development life cycle


r:
transition life cycle


r:
completion life cycle



Question 4
pts
One of the defining characteristics of a project is that it has a singular
purpose, i.e., an established ________.

r:

,vision



objective



goal


r:
mission


r:
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.

r:
conceptual


r:
closing



defining


r:
planning


r:
executing

, Question 6
pts
A project life cycle


will only ever consist of four phases.


r:
must be dogmatically followed.


r:
reduces the amount of planning necessary.



can vary based on the industry.


r:
will always have a phase called ‘visioning’.



Question 7
pts
A series of coordinated, related, multiple projects that continue over an
extended time period and are intended to achieve a goal is known as a

r:
Strategy.


r.:
Program.


r:
Campaign.



Crusade.

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