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TABLE OF CONTENTS
1. CHAPTER 1: THE WORLD OF PROJECT MANAGEMENT
2. CHAPTER 2: THE MANAGER, THE ORGANIZATION, AND THE TEAM
3. CHAPTER 3: PROJECT ACTIVITY AND RISK PLANNING
4. CHAPTER 4: BUDGETING THE PROJECT
5. CHAPTER 5: SCHEDULING THE PROJECT
6. CHAPTER 6: ALLOCATING RESOURCES TO THE PROJECT
7. CHAPTER 7: MONITORING AND CONTROLLING THE PROJECT
8. CHAPTER 8: EVALUATING AND CLOSING THE PROJECT
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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
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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.
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TABLE OF CONTENTS
1. CHAPTER 1: THE WORLD OF PROJECT MANAGEMENT
2. CHAPTER 2: THE MANAGER, THE ORGANIZATION, AND THE TEAM
3. CHAPTER 3: PROJECT ACTIVITY AND RISK PLANNING
4. CHAPTER 4: BUDGETING THE PROJECT
5. CHAPTER 5: SCHEDULING THE PROJECT
6. CHAPTER 6: ALLOCATING RESOURCES TO THE PROJECT
7. CHAPTER 7: MONITORING AND CONTROLLING THE PROJECT
8. CHAPTER 8: EVALUATING AND CLOSING THE PROJECT
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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
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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.
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