OMGT 5783 Midterm Exam 2026 | Project
Management Exam | Actual Exam
Questions and Correct Answers | Verified
Answers | Just Released
A list of potential projects, several criteria, weights for those criteria, and criteria
scores for those projects are all typically included on a(n) ___________ matrix.
a. Project selection
b. Project screening
c. Project assessment
d. Project elimination
e. Multiple criteria ---------CORRECT ANSWER-----------------b. Project screening
Which of the following is NOT one of the characteristics of effective objectives?
a. Flexible
b. Specific
c. Measurable
d. Realistic
e. Assignable ---------CORRECT ANSWER-----------------a. Flexible
,In order to formulate strategies that align with the mission, some of the activities
the organization will need to perform are
a. examine the external environment.
b. analyze competitors.
c. assess internal strengths and weaknesses.
d. All of these should be considered when formulating strategies.
e. know their core competencies. ---------CORRECT ANSWER-----------------d. All of
these should be considered when formulating strategies.
The first part of the management system that spans the lifetime of the project is
called the ____.
a. project exit process
b. project kill process
c. project phase exit
d. project gate process
e. project selection process ---------CORRECT ANSWER-----------------e. project
selection process
Three possible outcomes emanate from each gate. They are ____.
a. encourage, discourage, pass
,b. continue, kill, enhance
c. allocate resources, reduce resources, cancel
d. proceed, cancel, or revise and submit
e. reduce scope, kill, increase scope ---------CORRECT ANSWER-----------------d.
proceed, cancel, or revise and submit
Which of the following terms is often used to denote a project that a powerful,
high-ranking official is advocating?
a. Strategic ploy
b. Special undertaking
c. Political necessity
d. Sacred cow
e. Pet project ---------CORRECT ANSWER-----------------d. Sacred cow
Regardless of the criteria differences among different types of projects, typically
the most important criterion for project selection is
a. the project's fit to the organization strategy.
b. profit.
c. nonfinancial.
d. compliance.
e. how the project will balance risk within the project portfolio. ---------CORRECT
ANSWER-----------------a. the project's fit to the organization strategy.
, Typically, a project sponsor is
a, key to support a project to its' completion and a lower-level staff member.
b. instrumental in approving a project and key to support a project to its'
completion.
c. key to support a project to its' completion.
d. instrumental in approving a project.
e. a lower-level staff member. ---------CORRECT ANSWER-----------------b.
instrumental in approving a project and key to support a project to its'
completion.
Project selection criteria are typically classified as
a. cost and schedule.
b. required and optional.
c. strategic and tactical.
d. financial and nonfinancial.
e. short-term and long-term. ---------CORRECT ANSWER-----------------d. financial
and nonfinancial.
Management Exam | Actual Exam
Questions and Correct Answers | Verified
Answers | Just Released
A list of potential projects, several criteria, weights for those criteria, and criteria
scores for those projects are all typically included on a(n) ___________ matrix.
a. Project selection
b. Project screening
c. Project assessment
d. Project elimination
e. Multiple criteria ---------CORRECT ANSWER-----------------b. Project screening
Which of the following is NOT one of the characteristics of effective objectives?
a. Flexible
b. Specific
c. Measurable
d. Realistic
e. Assignable ---------CORRECT ANSWER-----------------a. Flexible
,In order to formulate strategies that align with the mission, some of the activities
the organization will need to perform are
a. examine the external environment.
b. analyze competitors.
c. assess internal strengths and weaknesses.
d. All of these should be considered when formulating strategies.
e. know their core competencies. ---------CORRECT ANSWER-----------------d. All of
these should be considered when formulating strategies.
The first part of the management system that spans the lifetime of the project is
called the ____.
a. project exit process
b. project kill process
c. project phase exit
d. project gate process
e. project selection process ---------CORRECT ANSWER-----------------e. project
selection process
Three possible outcomes emanate from each gate. They are ____.
a. encourage, discourage, pass
,b. continue, kill, enhance
c. allocate resources, reduce resources, cancel
d. proceed, cancel, or revise and submit
e. reduce scope, kill, increase scope ---------CORRECT ANSWER-----------------d.
proceed, cancel, or revise and submit
Which of the following terms is often used to denote a project that a powerful,
high-ranking official is advocating?
a. Strategic ploy
b. Special undertaking
c. Political necessity
d. Sacred cow
e. Pet project ---------CORRECT ANSWER-----------------d. Sacred cow
Regardless of the criteria differences among different types of projects, typically
the most important criterion for project selection is
a. the project's fit to the organization strategy.
b. profit.
c. nonfinancial.
d. compliance.
e. how the project will balance risk within the project portfolio. ---------CORRECT
ANSWER-----------------a. the project's fit to the organization strategy.
, Typically, a project sponsor is
a, key to support a project to its' completion and a lower-level staff member.
b. instrumental in approving a project and key to support a project to its'
completion.
c. key to support a project to its' completion.
d. instrumental in approving a project.
e. a lower-level staff member. ---------CORRECT ANSWER-----------------b.
instrumental in approving a project and key to support a project to its'
completion.
Project selection criteria are typically classified as
a. cost and schedule.
b. required and optional.
c. strategic and tactical.
d. financial and nonfinancial.
e. short-term and long-term. ---------CORRECT ANSWER-----------------d. financial
and nonfinancial.
