Project Management Chapters 1-8 Study
Guide Questions With Correct Answers
In which of the following stages are project objectives established, teams formed, and major
responsibilities assigned?
A) Conceptualizing
B) Defining
C) Planning
D) Executing
E) Delivering☑️Correct Ans-B) Defining
In which of the following stages are you more likely to find status reports, many changes, and
the creation of forecasts?
A) Conceptualizing
B) Defining
C) Planning
D) Executing
E) Delivering☑️Correct Ans-D) Executing
Which of the following choices is not one of the driving forces behind the increasing demand for
project management?
A) Compression of the product life cycle
B) Knowledge explosion
C) Development of third world and closed economies
D) More emphasis on the product and less on the customer
E) Corporate downsizing☑️Correct Ans-D) More emphasis on the product and less on the
customer
Project management is ideally suited for a business environment requiring all of the following
except
,A) Accountability
B) Flexibility
C) Innovation
D) Speed
E) Repeatability☑️Correct Ans-E) Repeatability
Which of the following is the number one characteristic that is looked for in management
candidates?
A) Overall intelligence
B) Works well with others
C) Experience
D) Past successes
E) Good references☑️Correct Ans-B) Works well with others
A common rule of thumb in the world of high-tech product development is that a six-month
project delay can result in a loss of product revenue share of ___ percent.
A) 10
B) 20
C) 33
D) 45
E) 50☑️Correct Ans-C) 33
Integration of project management with the organization takes place with the
A) Master budget
B) Strategy plan
C) Process of managing actual projects
D) Both b and c are correct
E) A, B, and C are all correct☑️Correct Ans-D) Both b and c are correct
,Which of these is not part of the "technical dimension" of project management?
A) WBS
B) Budgets
C) Problem solving
D) Schedules
E) Status reports☑️Correct Ans-C) Problem solving
The advent of project management has been most profound in:
A) Automobile manufacturing
B) Construction
C) Information technology
D) The U.S. Department of Defense
E) Film making☑️Correct Ans-C) Information technology
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) Complex tasks
D) Only for internal use
E) Never been done before☑️Correct Ans-D) Only for internal use
From among the following activities, which is the best example of a project?
A) Processing insurance claims
B) Producing automobiles
C) Writing a term paper
D) Completing a college degree
E) All of these are good examples of projects☑️Correct Ans-C) Writing a term paper
, Which of the following choices is not one of the stages of a project life cycle?
A) Conceptualizing
B) Defining
C) Planning
D) Executing
E) Delivering☑️Correct Ans-A) Conceptualizing
Corporate downsizing has increased the trend toward
A) Reducing the number of projects a company initiates
B) Outsourcing significant segments of project work
C) Using dedicated project teams
D) Shorter project lead times
E) Longer project lead times☑️Correct Ans-B) Outsourcing significant segments of project
work
A series of coordinated, related, multiple projects that continue over extended time intended to
achieve a goal is known as a
A) Strategy
B) Program
C) Campaign
D) Crusade
E) Venture☑️Correct Ans-B) Program
From 1994 to 2009 the trend for projects late or over budget was:
A) Significantly better
B) Slightly better
C) About the same
D) Slightly worse
Guide Questions With Correct Answers
In which of the following stages are project objectives established, teams formed, and major
responsibilities assigned?
A) Conceptualizing
B) Defining
C) Planning
D) Executing
E) Delivering☑️Correct Ans-B) Defining
In which of the following stages are you more likely to find status reports, many changes, and
the creation of forecasts?
A) Conceptualizing
B) Defining
C) Planning
D) Executing
E) Delivering☑️Correct Ans-D) Executing
Which of the following choices is not one of the driving forces behind the increasing demand for
project management?
A) Compression of the product life cycle
B) Knowledge explosion
C) Development of third world and closed economies
D) More emphasis on the product and less on the customer
E) Corporate downsizing☑️Correct Ans-D) More emphasis on the product and less on the
customer
Project management is ideally suited for a business environment requiring all of the following
except
,A) Accountability
B) Flexibility
C) Innovation
D) Speed
E) Repeatability☑️Correct Ans-E) Repeatability
Which of the following is the number one characteristic that is looked for in management
candidates?
A) Overall intelligence
B) Works well with others
C) Experience
D) Past successes
E) Good references☑️Correct Ans-B) Works well with others
A common rule of thumb in the world of high-tech product development is that a six-month
project delay can result in a loss of product revenue share of ___ percent.
A) 10
B) 20
C) 33
D) 45
E) 50☑️Correct Ans-C) 33
Integration of project management with the organization takes place with the
A) Master budget
B) Strategy plan
C) Process of managing actual projects
D) Both b and c are correct
E) A, B, and C are all correct☑️Correct Ans-D) Both b and c are correct
,Which of these is not part of the "technical dimension" of project management?
A) WBS
B) Budgets
C) Problem solving
D) Schedules
E) Status reports☑️Correct Ans-C) Problem solving
The advent of project management has been most profound in:
A) Automobile manufacturing
B) Construction
C) Information technology
D) The U.S. Department of Defense
E) Film making☑️Correct Ans-C) Information technology
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) Complex tasks
D) Only for internal use
E) Never been done before☑️Correct Ans-D) Only for internal use
From among the following activities, which is the best example of a project?
A) Processing insurance claims
B) Producing automobiles
C) Writing a term paper
D) Completing a college degree
E) All of these are good examples of projects☑️Correct Ans-C) Writing a term paper
, Which of the following choices is not one of the stages of a project life cycle?
A) Conceptualizing
B) Defining
C) Planning
D) Executing
E) Delivering☑️Correct Ans-A) Conceptualizing
Corporate downsizing has increased the trend toward
A) Reducing the number of projects a company initiates
B) Outsourcing significant segments of project work
C) Using dedicated project teams
D) Shorter project lead times
E) Longer project lead times☑️Correct Ans-B) Outsourcing significant segments of project
work
A series of coordinated, related, multiple projects that continue over extended time intended to
achieve a goal is known as a
A) Strategy
B) Program
C) Campaign
D) Crusade
E) Venture☑️Correct Ans-B) Program
From 1994 to 2009 the trend for projects late or over budget was:
A) Significantly better
B) Slightly better
C) About the same
D) Slightly worse
