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Exam (elaborations)

Test Bank for Project Management in Practice, 7th Edition by Jack R. Meredith

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Test Bank for Project Management in Practice 7e 7th Edition by Jack R. Meredith, Scott M. Shafer, Samuel J. Mantel Jr., Margaret M. Sutton. ISBN-13: 3044

Institution
Project Management
Course
Project Management











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Institution
Project Management
Course
Project Management

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Uploaded on
January 18, 2026
Number of pages
41
Written in
2025/2026
Type
Exam (elaborations)
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Test BankFor
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Project Management in Practice, 7th Edition Meredith Chapter
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1-8 v




Copyright ©2017 John Wiley & Sons, Inc.
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,Chapter 1: The World of Project Management
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True/False
1. A primary purpose of forming projects is to assign the responsibility for
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accomplishing some organizational task to a specific person or small group.
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Answer: True vv




Response: See section 1.1 Level: vv vv vv vv




easy



2. One of the few similarities between project management and general
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management is that both exist in the well-defined organizational structure of
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superior/subordinates in the overall organization.
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Answer: False vv




Response: See section 1.2 Level: vv vv vv vv




medium



3. Many recent developments in project management are being driven by changes in the
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natureof the American workforce.
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Answer: False vv




Response: See section 1.1 Level: vv vv vv vv




medium



4. There has been a growing use of projects to achieve an organization’s strategic
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goals
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Answer: True vv




Response: See section 1.1 Level: medium vv vv vv vv vv




IF YOU WANT THIS DOCUMENT EMAIL ME AT,
vv vv vv vv vv vv vv






TO GET THE FULL DOCUMENT IN PDF FORMAT.
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Copyright ©2017 John Wiley & Sons, Inc. vv vv vv vv vv vv

, IF YOU WANT THIS DOCUMENT EMAIL ME AT,
vv vv vv vv vv vv vv






TO GET THE FULL DOCUMENT IN PDF FORMAT.
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Copyright ©2017 John Wiley & Sons, Inc.
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, 5. While general managers have their authority limited to specific areas in the
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overall organization, project managers have authority over any activityrequired by
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the project.
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Answer: False vv




Response: See section 1.2 vv vv vv




Level: medium
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6. Projects are always carried out under conditions of uncertainty.
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Answer: True vv




Response: See section 1.3 vv vv vv




Level: easy
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7. One can trade-off time and cost when managing a project, but the project’s
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technical specifications must be maintained exactly as the client initially specifies.
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Answer: False vv




Response: See section 1.3 vv vv vv




Level: medium
vv v




8. Nonnumeric project selection methods are only suitable if numeric methods are
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not available.
vv vv




Answer: False vv




Response: See section 1.5 vv vv vv




Level: medium
vv v




9. When using financial methods for selecting projects, the payback period is the
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simplest and best method to use.
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Answer: False vv




Response: See section 1.5 vv vv vv




Level: medium
vv v




10 Rank-ordering a large number of projects can be done with a Q-sort.vv vv vv vv vv vv vv vv vv vv vv




Copyright ©2017 John Wiley & Sons, Inc.vv vv vv vv vv vv

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