TEST BANK
For Project Management in Practice, 7th Edition by
Jack R. Meredith, Verified Chapters 1 - 8, Complete
Newest Version
,TABLE OF CONTENTS
CHAPTER 1: THE WORLD OF PROJECT MANAGEMENT
CHAPTER 2:THE MANAGER, THE ORGANIZATION, AND THE TEAM
CHAPTER 3:PROJECT ACTIVITY AND RISK PLANNING
CHAPTER 4:BUDGETING THE PROJECT
CHAPTER 5:SCHEDULING THE PROJECT
CHAPTER 6:ALLOCATING RESOURCES TO THE PROJECT
CHAPTER 7:MONITORING AND CONTROLLING THE PROJECT
CHAPTER 8:EVALUATING AND CLOSING THE PROJECT
,Test Bank For
Project Management in Practice, 7th Edition Meredith
Chapter 1-8
Chapter 1: The World of Project Management
True/False
1. A primary purpose of forming projects is to assign the responsibility for
accomplishing some organizational task to a specific person or small group.
Answer: True
Response: See section 1.1
Level: easy
2. One of the few similarities between project management and general management
is that both exist in the well-defined organizational structure of
superior/subordinates in the overall organization.
Answer: False
Response: See section 1.2
Level: medium
3. Many recent developments in project management are being driven by changes in
the nature of the American workforce.
Answer: False
Response: See section 1.1
Level: medium
4. There has been a growing use of projects to achieve an organization’s strategic
goals
Answer: True
Response: See section 1.1
Level: medium
Copyright ©2017 John Wiley & Sons, Inc.
, 5. While general managers have their authority limited to specific areas in the
overall organization, project managers have authority over any activity required
by the project.
Answer: False
Response: See section 1.2
Level: medium
6. Projects are always carried out under conditions of uncertainty.
Answer: True
Response: See section 1.3
Level: easy
7. One can trade-off time and cost when managing a project, but the project’s
technical specifications must be maintained exactly as the client initially specifies.
Answer: False
Response: See section 1.3
Level: medium
8. Nonnumeric project selection methods are only suitable if numeric methods are
not available.
Answer: False
Response: See section 1.5
Level: medium
9. When using financial methods for selecting projects, the payback period is the
simplest and best method to use.
Answer: False
Response: See section 1.5
Level: medium
10 Rank-ordering a large number of projects can be done with a Q-sort.
Copyright ©2017 John Wiley & Sons, Inc.
For Project Management in Practice, 7th Edition by
Jack R. Meredith, Verified Chapters 1 - 8, Complete
Newest Version
,TABLE OF CONTENTS
CHAPTER 1: THE WORLD OF PROJECT MANAGEMENT
CHAPTER 2:THE MANAGER, THE ORGANIZATION, AND THE TEAM
CHAPTER 3:PROJECT ACTIVITY AND RISK PLANNING
CHAPTER 4:BUDGETING THE PROJECT
CHAPTER 5:SCHEDULING THE PROJECT
CHAPTER 6:ALLOCATING RESOURCES TO THE PROJECT
CHAPTER 7:MONITORING AND CONTROLLING THE PROJECT
CHAPTER 8:EVALUATING AND CLOSING THE PROJECT
,Test Bank For
Project Management in Practice, 7th Edition Meredith
Chapter 1-8
Chapter 1: The World of Project Management
True/False
1. A primary purpose of forming projects is to assign the responsibility for
accomplishing some organizational task to a specific person or small group.
Answer: True
Response: See section 1.1
Level: easy
2. One of the few similarities between project management and general management
is that both exist in the well-defined organizational structure of
superior/subordinates in the overall organization.
Answer: False
Response: See section 1.2
Level: medium
3. Many recent developments in project management are being driven by changes in
the nature of the American workforce.
Answer: False
Response: See section 1.1
Level: medium
4. There has been a growing use of projects to achieve an organization’s strategic
goals
Answer: True
Response: See section 1.1
Level: medium
Copyright ©2017 John Wiley & Sons, Inc.
, 5. While general managers have their authority limited to specific areas in the
overall organization, project managers have authority over any activity required
by the project.
Answer: False
Response: See section 1.2
Level: medium
6. Projects are always carried out under conditions of uncertainty.
Answer: True
Response: See section 1.3
Level: easy
7. One can trade-off time and cost when managing a project, but the project’s
technical specifications must be maintained exactly as the client initially specifies.
Answer: False
Response: See section 1.3
Level: medium
8. Nonnumeric project selection methods are only suitable if numeric methods are
not available.
Answer: False
Response: See section 1.5
Level: medium
9. When using financial methods for selecting projects, the payback period is the
simplest and best method to use.
Answer: False
Response: See section 1.5
Level: medium
10 Rank-ordering a large number of projects can be done with a Q-sort.
Copyright ©2017 John Wiley & Sons, Inc.
