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Project Management in Practice – Test Bank (7th Edition, Jack R. Meredith & Scott M. Shafer) | Complete Questions with Answers

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This document contains the complete test bank for Project Management in Practice, 7th Edition by Jack R. Meredith and Scott M. Shafer. It provides multiple-choice and problem-based questions with correct answers covering project planning, scheduling, budgeting, risk management, resource allocation, leadership, and performance evaluation. The material is structured to help business and management students prepare for exams and apply practical project management strategies.

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Project Management In Practice
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Project Management in Practice











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Institution
Project Management in Practice
Course
Project Management in Practice

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Uploaded on
August 23, 2025
Number of pages
265
Written in
2025/2026
Type
Exam (elaborations)
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TEST BANK




Copyright ©2017 John Wiley & Sons, Inc.

, Test bank project management in practice 7th edition by jack r
Meredith and scott m shaferChapters 1-8



TABLE OF CONTENT
1 The World of Project Management 1

1.1 What is a Project? 1

1.1.1 Trends in Project Management 2

1.2 Project Management Versus General Management 4

1.2.1 Major Differences 4

1.2.2 Negotiation 5

1.3 Agile Project Management 6

1.4 What is Managed? The Three Goals of a Project 10

1.5 The Life Cycles of Projects 12

1.6 Selecting Projects to Meet Organizational Objectives 14

1.6.1 Nonnumeric Selection Methods 15

1.6.2 Numeric Selection Methods 16

1.7 The Project Portfolio Process 23

1.8 The Materials in this Text 27




Copyright ©2017 John Wiley & Sons, Inc.

,TEST BANK FOR

Project Management in Practice, 7th Edition Meredith
Chapter 1-8

Chapter 1: The World of Project Management
True/False ANSWERS ARE AT THE LAST PAGE OF EACH CHAPTER

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
Copyright ©2017 John Wiley & Sons, Inc.

, 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




Copyright ©2017 John Wiley & Sons, Inc.
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