TRUE/FALSE
1. A project is a temporary endeavor undertaken to create a unique product, service or result.
ANS: T DIF: Easy REF: 1.1 OBJ: Define a project
2. A project is a lasting endeavor undertaken to maintain a reliable product or service.
ANS: F DIF: Easy REF: 1.1 OBJ: Define a project
3. Most projects are conducted with constraints on the amount of time and funding available to the
project manager.
ANS: T DIF: Average REF: 1.1 OBJ: Define a project
4. Project plans and goals usually become more specific as early work is completed.
ANS: T DIF: Challenging REF: 1.1 OBJ: Define a project
5. Projects consist of the ongoing work needed to ensure the organization continues to function
effectively.
ANS: F DIF: Average REF: 1.3 OBJ: Define a project
6. Customers may need to sacrifice expectations related to cost or schedule in order to realize their
expectations for scope or quality.
, ANS: T DIF: Challenging REF: 1.3 OBJ: Define a project
7. The most critical measures of project success are completing the project on schedule and on
budget.
ANS: F DIF: Challenging REF: 1.4 OBJ: Measures of success
8. Some projects are considered successful if they reap business benefits like increased profitability,
even if completed late or over budget.
ANS: T DIF: Challenging REF: 1.4 OBJ: Measures of success
9. In reality, many projects are fully successful in some ways, but less successful in others.
ANS: T DIF: Average REF: 1.4 OBJ: Measures of success
10. Integration management relies upon tools such as project charters, project plans and change
control to unify and coordinate the activities associated with the project management knowledge
areas.
ANS: T DIF: Average REF: 1.4 OBJ: Issues for knowledge
areas
11. The project manager is normally directly accountable for the project results, schedule and budget.
ANS: T DIF: Easy REF: 1.5 OBJ: Identify key roles
12. The project manager is typically the keeper, facilitator and improver of the project management
system.
ANS: F DIF: Average REF: 1.5 OBJ: Identify key roles
,13. All projects go through a common project life cycle that includes four stages: concept,
development, production and close-out.
ANS: F DIF: Easy REF: 1.3 OBJ: Life cycle stages
14. The name and number of phases in a project life cycle are determined by the organization(s)
involved in the project.
ANS: T DIF: Average REF: 1.3 OBJ: Life cycle stages
15. An important factor used to determine the phases in a project life cycle are the control needs of
the organization(s) involved in the project.
ANS: T DIF: Average REF: 1.3 OBJ: Life cycle stages
16. Project customers can be either internal or external to the organization.
ANS: T DIF: Easy REF: 1.3 OBJ: Life cycle stages
17. Different project life cycle models are used for different types of projects.
ANS: T DIF: Easy REF: 1.3 OBJ: Life cycle stages
18. Generally, project life cycle stages are designed so that the amount of money spent in each of the
stages is nearly equivalent.
ANS: F DIF: Average REF: 1.3 OBJ: Life cycle stages
19. Scope management generally entails defining, sequencing and estimating the duration of project
activities.
, ANS: F DIF: Average REF: 1.4 OBJ: Issues for knowledge
areas
20. Quality management generally entails risk identification, analysis and response planning.
ANS: F DIF: Average REF: 1.4 OBJ: issues for knowledge
areas
21. Human Resource management generally entails acquiring, developing and managing the project
team.
ANS: T DIF: Easy REF: 1.4 OBJ: Issues for knowledge
areas
22. Cost management generally includes planning, estimating and controlling costs.
ANS: T DIF: Easy REF: 1.4 OBJ: Issues for knowledge
areas
MULTIPLE CHOICE
1. Which of the following examples is NOT a typical or appropriate situation to employ project
management?
a. improving an existing work process
b. installing a new computer system
c. conducting a routine, standard customer service operation
d. developing a new product