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Exam (elaborations)

Test Bank for Successful Project Management 7th Edition Gido

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Test Bank for Successful Project Management 7th Edition Gido

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Test Bank




TEST BANK

,Successful Project Management 7th Edition Gido Test Bank

Chapter 02
Gido & Clements
1. The initiating phase of the project life cycle starts with recognizing a need.
a. True
b. False
ANSWER: True
FEEDBACK: Correct The initiating phase of the project life cycle starts with recognizing a need, problem,
or opportunity for which a project or projects are identified to address the need.
Incorrect The initiating phase of the project life cycle starts with recognizing a need, problem,
or opportunity for which a project or projects are identified to address the need.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: SUPM.GIDO.15.02.01 - 1. Discuss how projects are identified
NATIONAL STANDARDS: United States - BUSPROG: Communications
KEYWORDS: Bloom’s: Knowledge
DATE CREATED: 4/5/2016 10:11 AM
DATE MODIFIED: 4/5/2016 10:11 AM

2. Every project that is identified is selected to be completed.
a. True
b. False
ANSWER: False
FEEDBACK: Correct Sometimes organizations have several needs and limited funds and cannot select
every project to be completed.
Incorrect Sometimes organizations have several needs and limited funds and cannot select
every project to be completed.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: SUPM.GIDO.15.02.01 - 1. Discuss how projects are identified
NATIONAL STANDARDS: United States - BUSPROG: Communications
KEYWORDS: Bloom’s: Knowledge
DATE CREATED: 4/5/2016 10:11 AM
DATE MODIFIED: 4/5/2016 10:11 AM

3. Unexpected events are reasons for an organization to decide to initiate a project.
a. True
b. False
ANSWER: True
FEEDBACK: Correct Projects are identified in various ways during an organization's strategic planning;
in response to unexpected events, or as a result of a group of individuals deciding
to organize a project to address a particular need. Projects are initiated after the
project is identified.
Incorrect Projects are identified in various ways during an organization's strategic planning;
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,Chapter 02
Gido & Clements

in response to unexpected events, or as a result of a group of individuals deciding
to organize a project to address a particular need. Projects are initiated after the
project is identified.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: SUPM.GIDO.15.02.01 - 1. Discuss how projects are identified
NATIONAL STANDARDS: United States - BUSPROG: Technology: Technology: - BUSPROG: Technology
KEYWORDS: Bloom’s: Analysis
DATE CREATED: 4/5/2016 10:11 AM
DATE MODIFIED: 4/5/2016 10:11 AM

4. Quantitative benefits of a project are the intangible benefits of completing a project such as employee morale.
a. True
b. False
ANSWER: False
FEEDBACK: Correct Quantitative benefits include the financial benefits. Intangible benefits such as
employee morale are qualitative and may have an indirect effect that is
immeasurable.
Incorrect Quantitative benefits include the financial benefits. Intangible benefits such as
employee morale are qualitative and may have an indirect effect that is
immeasurable.
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: SUPM.GIDO.15.02.02 - 2. Explain how projects are prioritized and selected
NATIONAL STANDARDS: United States - BUSPROG: Communications
KEYWORDS: Bloom’s: Knowledge
DATE CREATED: 4/5/2016 10:11 AM
DATE MODIFIED: 4/5/2016 10:11 AM

5. Disadvantages for doing a project may have a positive impact on an organization.
a. True
b. False
ANSWER: True
FEEDBACK: Correct One disadvantage for doing a project could be the extensive amount of investment
necessary for the project. The organization could experience a positive impact by
gaining market share or increasing organizational capacity from completing the
project.
Incorrect One disadvantage for doing a project could be the extensive amount of investment
necessary for the project. The organization could experience a positive impact by
gaining market share or increasing organizational capacity from completing the
project.
POINTS: 1
Copyright Cengage Learning. Powered by Cognero. Page 2

, Chapter 02
Gido & Clements

DIFFICULTY: Moderate
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: SUPM.GIDO.15.02.02 - 2. Explain how projects are prioritized and selected
NATIONAL STANDARDS: United States - BUSPROG: Technology: Technology: - BUSPROG: Technology
KEYWORDS: Bloom’s: Analysis
DATE CREATED: 4/5/2016 10:11 AM
DATE MODIFIED: 4/5/2016 10:11 AM

6. Projects that are not similar cannot be compared when making a selection to move forward with a project.
a. True
b. False
ANSWER: False
FEEDBACK: Correct The set of criteria for evaluation should include quantitative and qualitative factors
that are important to the organization and will help to set the priority level of the
projects.
Incorrect The set of criteria for evaluation should include quantitative and qualitative factors
that are important to the organization and will help to set the priority level of the
projects.
POINTS: 1
DIFFICULTY: Moderate
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: SUPM.GIDO.15.02.02 - 2. Explain how projects are prioritized and selected
NATIONAL STANDARDS: United States - BUSPROG: Technology: Technology: - BUSPROG: Technology
KEYWORDS: Bloom’s: Analysis
DATE CREATED: 4/5/2016 10:11 AM
DATE MODIFIED: 4/5/2016 10:11 AM

7. The reaction of an advocacy group is categorized as a negative consequence for a project.
a. True
b. False
ANSWER: False
FEEDBACK: Correct The reaction of an advocacy group could be favorable and be a positive benefit.
Incorrect The reaction of an advocacy group could be favorable and be a positive benefit.
POINTS: 1
DIFFICULTY: Moderate
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: SUPM.GIDO.15.02.02 - 2. Explain how projects are prioritized and selected
NATIONAL STANDARDS: United States - BUSPROG: Technology: Technology: - BUSPROG: Technology
KEYWORDS: Bloom’s: Application
DATE CREATED: 4/5/2016 10:11 AM
DATE MODIFIED: 4/5/2016 10:11 AM
Copyright Cengage Learning. Powered by Cognero. Page 3

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