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Question Bank in line with Project Management The Managerial Process,Larson,7e

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Uploaded on
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Written in
2023/2024
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Chapter 01 Modern Project Management Answer Key


Multiple Choice Questions


1. A professional organization for project managers is the




A. PMI.


B. AMA.


C. MIS.


D. IPM.


E. PMBOK.

The Project Management Institute (PMI) is a professional organization for project managers.




AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-04 Understand the importance of projects in implementing organization strategy.
Topic: Current Drivers of Project Management

,2. Which of the following is NOT considered to be a characteristic of a project?




A. An established objective


B. A clear beginning and end


C. Specific time, cost and performance requirements


D. For internal use only


E. Something never been done by a particular company before

Projects have an established objective, a defined life span, the involvement of several departments
and professionals, is something that has never been done before, and it has specific time, cost and
performance requirements.




AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Apply
Difficulty: 2 Medium
Learning Objective: 01-03 Identify the different stages of project life cycle.
Topic: Current Drivers of Project Management

,3. Which of the following activities is NOT considered a project?




A. Developing a new software program


B. Designing a space station


C. Preparing the site for the Olympic Games


D. Production of automobile tires


E. Developing a new advertising program

A project is not routine, repetitive work! Ordinary daily work typically requires doing the same or
similar work over and over, while a project is done only once; a new product or service exists when
the project is completed.




AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Learning Objective: 01-02 Distinguish a project from routine operations.
Topic: Current Drivers of Project Management

, 4. Which of the following activities is the best example of a project?




A. Processing insurance claims


B. Producing automobiles


C. Writing a policy manual


D. Monitoring product quality


E. Overseeing customer requests

A project is not routine, repetitive work! Ordinary daily work typically requires doing the same or
similar work over and over, while a project is done only once; a new product or service exists when
the project is completed.




AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Learning Objective: 01-02 Distinguish a project from routine operations.
Topic: What is a Project?

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