FULL TEST BANK FOR
PROJECT MANAGEMENT IN PRACTICE 7TH EDITION
BY JACK R. MEREDITH (AUTHOR), SCOTT M. SHAFER (AUTHOR)
ALL CHAPTERS 1-8/ COMPLETE GUIDE WITH 100% VERIFIED QUESTIONS &
ANSWERS/ A+ GRADE ASSURED
,Table of Contents
Chapter 1: The World Of Project Management .............................................................................. 2
Chapter 2: The Manager, The Organization, And The Team ......................................................... 29
Chapter 3: Project Activity And Risk Planning .............................................................................. 53
Chapter 4: Budgeting The Project ................................................................................................. 75
Chapter 5: Scheduling The Project .............................................................................................. 100
Chapter 6: Allocating Resources To The Project ......................................................................... 125
Chapter 7: Monitoring And Controlling The Project ................................................................... 150
Chapter 8: Evaluating And Closing The Project ........................................................................... 175
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.
CORRECT ANS>> 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.
CORRECT ANS>> 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.
CORRECT ANS>> False
Response: See Section 1.1 Level: Medium
4. There Has Been A Growing Use Of Projects To Achieve An Organization’s Strategic Goals
CORRECT ANS>> True
Response: See Section 1.1 Level: Medium
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.
CORRECT ANS>> False
Response: See Section 1.2 Level: Medium
6. Projects Are Always Carried Out Under Conditions Of Uncertainty.
CORRECT ANS>> 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.
CORRECT ANS>> False
Response: See Section 1.3 Level: Medium
8. Nonnumeric Project Selection Methods Are Only Suitable If Numeric Methods Are Not
Available.
CORRECT ANS>> 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.
CORRECT ANS>> False
Response: See Section 1.5 Level: Medium
10 Rank-Ordering A Large Number Of Projects Can Be Done With A Q-Sort.
PROJECT MANAGEMENT IN PRACTICE 7TH EDITION
BY JACK R. MEREDITH (AUTHOR), SCOTT M. SHAFER (AUTHOR)
ALL CHAPTERS 1-8/ COMPLETE GUIDE WITH 100% VERIFIED QUESTIONS &
ANSWERS/ A+ GRADE ASSURED
,Table of Contents
Chapter 1: The World Of Project Management .............................................................................. 2
Chapter 2: The Manager, The Organization, And The Team ......................................................... 29
Chapter 3: Project Activity And Risk Planning .............................................................................. 53
Chapter 4: Budgeting The Project ................................................................................................. 75
Chapter 5: Scheduling The Project .............................................................................................. 100
Chapter 6: Allocating Resources To The Project ......................................................................... 125
Chapter 7: Monitoring And Controlling The Project ................................................................... 150
Chapter 8: Evaluating And Closing The Project ........................................................................... 175
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.
CORRECT ANS>> 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.
CORRECT ANS>> 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.
CORRECT ANS>> False
Response: See Section 1.1 Level: Medium
4. There Has Been A Growing Use Of Projects To Achieve An Organization’s Strategic Goals
CORRECT ANS>> True
Response: See Section 1.1 Level: Medium
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.
CORRECT ANS>> False
Response: See Section 1.2 Level: Medium
6. Projects Are Always Carried Out Under Conditions Of Uncertainty.
CORRECT ANS>> 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.
CORRECT ANS>> False
Response: See Section 1.3 Level: Medium
8. Nonnumeric Project Selection Methods Are Only Suitable If Numeric Methods Are Not
Available.
CORRECT ANS>> 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.
CORRECT ANS>> False
Response: See Section 1.5 Level: Medium
10 Rank-Ordering A Large Number Of Projects Can Be Done With A Q-Sort.
