Low inflation is a trigger for improved project management skills because:
A) Lower inflation means narrower product launch windows.
B) Global markets are a prerequisite for low inflation.
C) Rampant cost increases must be passed along to the consumer.
D) Internal process improvement is accomplished via project management. - ANS_D) Internal process
improvement is accomplished via project management
The Project Management Body of Knowledge Guide definition of a project indicates that a project is:
A) Designed to avoid using human resources.
B) Not limited by a budget.
C) Permanent.
,D) Multifunctional. - ANS_D) Multifunctional
The period of time that is ideal to achieve the success of a new product is the:
A) Window of opportunity.
B) Launch window.
C) Momentito.
D) Moment. - ANS_B) Launch window
The behavioral side of project management emphasizes:
A) Leadership.
B) Project selection.
C) Planning.
D) Scheduling. - ANS_A) Leadership
Project management is a useful training ground for:
,A) Interns.
B) Senior executives.
C) Recent graduates.
D) Employees of recently acquired companies. - ANS_B) Senior executives
Projects are typically ongoing, day-to-day activities that have goods and services as outputs.
True
False - ANS_False
The use of benchmarking allows companies that are relatively immature at project management to
achieve quantum leaps of improvement.
True
False - ANS_False
The degree of innovation and creativity is typically at its highest during the:
A) Termination phase.
B) Conceptualization phase.
C) Planning phase.
D) Execution phase. - ANS_D) Execution phase
, Which of these factors are essentially complete opposites from an intensity perspective across the
project life cycle?
A) Client Interest and Uncertainty
B) Project Stake and Client Interest
C) Creativity and Resources
D) Uncertainty and Project Stake - ANS_D) Uncertainty and Project Stake
The amount of corporate investment is typically at its lowest in the:
A) Conceptualization phase.
B) Planning phase.
C) Execution phase.
D) Termination phase. - ANS_A) Conceptualization phase
The initial goal and technical specifications of the project are developed during the planning stage.
True
False - ANS_False
A) Lower inflation means narrower product launch windows.
B) Global markets are a prerequisite for low inflation.
C) Rampant cost increases must be passed along to the consumer.
D) Internal process improvement is accomplished via project management. - ANS_D) Internal process
improvement is accomplished via project management
The Project Management Body of Knowledge Guide definition of a project indicates that a project is:
A) Designed to avoid using human resources.
B) Not limited by a budget.
C) Permanent.
,D) Multifunctional. - ANS_D) Multifunctional
The period of time that is ideal to achieve the success of a new product is the:
A) Window of opportunity.
B) Launch window.
C) Momentito.
D) Moment. - ANS_B) Launch window
The behavioral side of project management emphasizes:
A) Leadership.
B) Project selection.
C) Planning.
D) Scheduling. - ANS_A) Leadership
Project management is a useful training ground for:
,A) Interns.
B) Senior executives.
C) Recent graduates.
D) Employees of recently acquired companies. - ANS_B) Senior executives
Projects are typically ongoing, day-to-day activities that have goods and services as outputs.
True
False - ANS_False
The use of benchmarking allows companies that are relatively immature at project management to
achieve quantum leaps of improvement.
True
False - ANS_False
The degree of innovation and creativity is typically at its highest during the:
A) Termination phase.
B) Conceptualization phase.
C) Planning phase.
D) Execution phase. - ANS_D) Execution phase
, Which of these factors are essentially complete opposites from an intensity perspective across the
project life cycle?
A) Client Interest and Uncertainty
B) Project Stake and Client Interest
C) Creativity and Resources
D) Uncertainty and Project Stake - ANS_D) Uncertainty and Project Stake
The amount of corporate investment is typically at its lowest in the:
A) Conceptualization phase.
B) Planning phase.
C) Execution phase.
D) Termination phase. - ANS_A) Conceptualization phase
The initial goal and technical specifications of the project are developed during the planning stage.
True
False - ANS_False
