UPDATED QUESTIONS AND CORRECT
ANSWERS
3) Projects, rather than repetitive tasks, are now the basis for most value-added in business. -
CORRECT ANSWERS✅✅Answer: TRUE
4) The emergence of global markets has made project management skills more critical. -
CORRECT ANSWERS✅✅Answer: TRUE
5) Since a business gains market share with day-to-day operations, senior managers value
process management experience over project management experience. - CORRECT
ANSWERS✅✅Answer: FALSE
13) Project members may be from:
A) Different departments.
B) Other organizational units
C) One functional area.
D) All of the above. - CORRECT ANSWERS✅✅Answer: D
14) There is no such thing as a project team:
A) With a deliverable.
B) With an ongoing, non-specific purpose.
C) With a goal.
D) With a project manager. - CORRECT ANSWERS✅✅Answer: B
15) A project that results in "doing the wrong things well" has ignored the:
A) Budgetary goal.
B) Technical goal.
C) Customer satisfaction goal.
D) Scheduling goal. - CORRECT ANSWERS✅✅Answer: C
, 16) Which of these is NOT characteristic of a project?
A) Projects are responsible for the newest and most improved products, services, and
organizational processes.
B) Projects are ad hoc endeavors with a clear life cycle.
C) Projects provide a philosophy and strategy for the management of change.
D) Traditional process management functions of planning, organizing, and controlling do not
apply to project management. - CORRECT ANSWERS✅✅Answer: D
17) Which of the following is NOT a project constraint?
A) The budget
B) The customer requirements
C) The schedule
D) The technical specifications - CORRECT ANSWERS✅✅Answer: B
20) A typical project stays within functional and organizational boundaries. - CORRECT
ANSWERS✅✅Answer: FALSE
22) Product life cycles are longer now than twenty years ago. - CORRECT
ANSWERS✅✅Answer: FALSE
25) A business reality that makes effective project management critical is the fact that:
A) Products are becoming increasingly simple.
B) Inflation is rampant.
C) Product life cycles are compressing.
D) Product launch windows are widening. - CORRECT ANSWERS✅✅Answer: C
26) One of the things that the technical side of project management emphasizes is:
A) Team building.
B) Conflict management.
C) Negotiation.