OMGT 5783 Project Management
Midterm Exam 1 Questions &
Answers (Solved) 100% Correct
Latest Versions 2025
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 - ✔✔ANSWER ✔✔-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 - ✔✔ANSWER ✔✔-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
b. Identifying
c. Planning
d. Defining
e. Executing - ✔✔ANSWER ✔✔-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. - ✔✔ANSWER ✔✔-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. - ✔✔ANSWER ✔✔-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
d. A clear beginning and end
e. Something never been done by a particular company before -
✔✔ANSWER ✔✔-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 - ✔✔ANSWER
✔✔-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 - ✔✔ANSWER ✔✔-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
d. process
e. folder - ✔✔ANSWER ✔✔-a. program
Midterm Exam 1 Questions &
Answers (Solved) 100% Correct
Latest Versions 2025
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 - ✔✔ANSWER ✔✔-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 - ✔✔ANSWER ✔✔-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
b. Identifying
c. Planning
d. Defining
e. Executing - ✔✔ANSWER ✔✔-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. - ✔✔ANSWER ✔✔-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. - ✔✔ANSWER ✔✔-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
d. A clear beginning and end
e. Something never been done by a particular company before -
✔✔ANSWER ✔✔-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 - ✔✔ANSWER
✔✔-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 - ✔✔ANSWER ✔✔-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
d. process
e. folder - ✔✔ANSWER ✔✔-a. program
