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Project Management: The Managerial Process 8th Edition by Erik Larson & Clifford Gray _All Chapters 1-16 | TEST BANK

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Project Management: The Managerial Process 8th Edition by Erik Larson & Clifford Gray TEST BANK Ch. 1 Modern Project Management Ch. 2 Organization Strategy and Project Selection Ch. 3 Organization: Structure and Culture Ch. 4 Defining the Project Ch. 5 Estimating Project Times and Costs Ch. 6 Developing a Project Schedule Ch. 7 Managing Risk Ch. 8 Scheduling Resources and Costs Ch. 9 Reducing Project Duration Ch. 10 Being an Effective Project Manager Ch. 11 Managing Project Teams Ch. 12 Outsourcing: Managing Interorganizational Relations Ch. 13 Progress and Performance Measurement and Evaluation Ch. 14 Project Closure Ch. 15 Agile Project Management Ch. 16 International Projects

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Project Management: The Managerial Process 8th Edi
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Project Management: The Managerial Process 8th Edi

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June 14, 2023
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Written in
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,CHAPTER 1
TRUE/FALSE - Write 'T' if the statement is true and 'F' if the statement is false.
1) Accountants, architects, and attorneys are among professional people who excel at
managing projects yet never have the title of project manager.

⊚ true
⊚ false


2) The Project Management Institute has a certification for project managers known as
Project Management Professional (PMP).

⊚ true
⊚ false


3) Project management is equally useful in ongoing, routine work as well as unique, one-
time initiatives, because of its flexibility.

⊚ true
⊚ false


4) The fact that projects are not confined to a single department but may involve several
departments and professionals is a defining characteristic of projects.

⊚ true
⊚ false


5) Specific time, cost, and performance requirements are among the characteristics that
separate project management from other endeavors of the organization.

⊚ true
⊚ false


6) Project management is a skill set that is transferable across most businesses and
professions and is critical to many careers.




Version 1 1

, ⊚ true
⊚ false


7) For construction companies that build many buildings, all buildings built after the first do
not fit the definition of a project.

⊚ true
⊚ false


8) As specified in a project life cycle, the first stage in the life cycle of a project is the
concept stage.

⊚ true
⊚ false


9) Programs are processes designed to accomplish goals that are common to a program over
time.

⊚ true
⊚ false


10) Project management is generally restricted to specialists because of the requirement for
in-depth expertise.

⊚ true
⊚ false


11) Agile PM is incremental, iterative development and delivery whereas traditional PM does
not deliver nor elicit feedback from the customer until the project is nearly complete.

⊚ true
⊚ false


12) One of the most significant driving forces behind the demand for project management is
the ever increasing lengthening of the product life cycle.



Version 1 2

, ⊚ true
⊚ false


13) Project management appears to be ideally suited for a business environment requiring
accountability, flexibility, innovation and repeatability.

⊚ true
⊚ false


14) At first glance, project managers perform the same functions as other managers. That is,
they plan, schedule, motivate and control.

⊚ true
⊚ false


15) The modus operandi (method) used for implementing organizational strategy is through
projects.

⊚ true
⊚ false


16) Project management skills are not needed in small projects within large organizations.

⊚ true
⊚ false


17) The technical dimensions of project management is primarily what successful project
managers focus on, specifically planning, scheduling, and controlling projects.

⊚ true
⊚ false


18) The sociocultural dimension of project management includes managing relationships,
motivating team members and negotiating project terms.




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