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OMGT 5783 Project Management Midterm Actual
Exam Newest Complete Questions And Correct
Detailed Answers (Verified Answers) |Brand New
Version!!
Any project life cycle is made up of stages. The project's schedule and budget will be determined
in the ___________ stage of the project life cycle.
a. planning
b. defining
c. executing
d. closing
e. conceptual - SOLUTION=a. planning
Training the customer, releasing staff and resources occurs in the ________ stage of project life
cycle.
a. defining
b. planning
c. conceptual
d. closing
e. executing - SOLUTION=d. closing
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
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a. Campaign.
b. Strategy.
c. Venture.
d. Program.
e. Crusade. - SOLUTION=d. program
An increase in the complexity of projects, because projects typically include the latest advances,
can be the result of a growth in new __________.
a. services
b. products and services
c. products
d. processes
e. knowledge - SOLUTION=e. knowledge
Which of the following is NOT true about project management?
a. It is not limited to the private sector.
b. Many opportunities are available for individuals interested in this career path.
c. It focuses primarily on technical processes.
d. It is a set of tools.
e. It improves one's ability to plan, implement and manage activities to accomplish specific
organizational objectives - SOLUTION=c. It focuses primarily on technical processes
In which stage of the project life cycle is the project's schedule and budget determined?
a. Closing
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b. Identifying
c. Planning
d. Defining
e. Executing - SOLUTION=c. planning
A project does not include
a. repetitive, same or similar work.
b. unique elements.
c. creating a new product or service.
d. a specific objective.
e. developing a new process. - SOLUTION=a. repetitive, same or similar work
Project management is ideally suited for a business environment requiring all of the following
EXCEPT
a. Repeatability.
b. Accountability.
c. Innovation.
d. Flexibility.
e. Speed. - SOLUTION=a. repeatability
Which of the choices listed below is NOT considered to be a characteristic of a project?
a. For internal use only
b. An established objective
c. Specific time, cost and performance requirements
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d. A clear beginning and end
e. Something never been done by a particular company before - SOLUTION=a. for internal use
only
Which of the following is NOT typical of a project manager?
a. Managing a nonrepetitive activity
b. Work with a group of outsiders, including vendors and suppliers
c. Overseeing existing operations
d. Managing a temporary activity
e. Responsible for time, cost and performance trade-off - SOLUTION=c. Overseeing existing
operations
Project managers are expected to ensure that appropriate trade-offs are made between the time,
cost, and __________ requirements of the project.
a. scope
b. functional
c. quality
d. specifications
e. performance - SOLUTION=e. performance
A(n) _________ is a series of coordinated, related multiple projects that continue over an
extended time intended to achieve a goal.
a. program
b. portfolio
c. product family
OMGT 5783 Project Management Midterm Actual
Exam Newest Complete Questions And Correct
Detailed Answers (Verified Answers) |Brand New
Version!!
Any project life cycle is made up of stages. The project's schedule and budget will be determined
in the ___________ stage of the project life cycle.
a. planning
b. defining
c. executing
d. closing
e. conceptual - SOLUTION=a. planning
Training the customer, releasing staff and resources occurs in the ________ stage of project life
cycle.
a. defining
b. planning
c. conceptual
d. closing
e. executing - SOLUTION=d. closing
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
,2 | Page
a. Campaign.
b. Strategy.
c. Venture.
d. Program.
e. Crusade. - SOLUTION=d. program
An increase in the complexity of projects, because projects typically include the latest advances,
can be the result of a growth in new __________.
a. services
b. products and services
c. products
d. processes
e. knowledge - SOLUTION=e. knowledge
Which of the following is NOT true about project management?
a. It is not limited to the private sector.
b. Many opportunities are available for individuals interested in this career path.
c. It focuses primarily on technical processes.
d. It is a set of tools.
e. It improves one's ability to plan, implement and manage activities to accomplish specific
organizational objectives - SOLUTION=c. It focuses primarily on technical processes
In which stage of the project life cycle is the project's schedule and budget determined?
a. Closing
,3 | Page
b. Identifying
c. Planning
d. Defining
e. Executing - SOLUTION=c. planning
A project does not include
a. repetitive, same or similar work.
b. unique elements.
c. creating a new product or service.
d. a specific objective.
e. developing a new process. - SOLUTION=a. repetitive, same or similar work
Project management is ideally suited for a business environment requiring all of the following
EXCEPT
a. Repeatability.
b. Accountability.
c. Innovation.
d. Flexibility.
e. Speed. - SOLUTION=a. repeatability
Which of the choices listed below is NOT considered to be a characteristic of a project?
a. For internal use only
b. An established objective
c. Specific time, cost and performance requirements
, 4 | Page
d. A clear beginning and end
e. Something never been done by a particular company before - SOLUTION=a. for internal use
only
Which of the following is NOT typical of a project manager?
a. Managing a nonrepetitive activity
b. Work with a group of outsiders, including vendors and suppliers
c. Overseeing existing operations
d. Managing a temporary activity
e. Responsible for time, cost and performance trade-off - SOLUTION=c. Overseeing existing
operations
Project managers are expected to ensure that appropriate trade-offs are made between the time,
cost, and __________ requirements of the project.
a. scope
b. functional
c. quality
d. specifications
e. performance - SOLUTION=e. performance
A(n) _________ is a series of coordinated, related multiple projects that continue over an
extended time intended to achieve a goal.
a. program
b. portfolio
c. product family
