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Chapter 01 Modern Project Management Answer Key
Multiple Choice Questions
1. A professional organization for project managers is the
A. PMI.
B. AMA.
C. MIS.
D. IPM.
E. PMBOK.
The Project Management Institute (PMI) is a professional organization for project managers.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-04 Understand the importance of projects in implementing organization strategy.
Topic: Current Drivers of Project Management
2. Which of the following is NOT considered to be a characteristic of a project?
A. An established objective
B. A clear beginning and end
C. Specific time, cost and performance requirements
D. For internal use only
E. Something never been done by a particular company before
Projects have an established objective, a defined life span, the involvement of several departments and
professionals, is something that has never been done before, and it has specific time, cost and
performance requirements.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Apply
Difficulty: 2 Medium
Learning Objective: 01-03 Identify the different stages of project life cycle.
Topic: Current Drivers of Project Management
1-1
Copyright © 2018 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
,https://browsegrades.net/singlePaper/416759/testbank-and-solution-manual-for-project-manage
3. Which of the following activities is NOT considered a project?
A. Developing a new software program
B. Designing a space station
C. Preparing the site for the Olympic Games
D. Production of automobile tires
E. Developing a new advertising program
A project is not routine, repetitive work! Ordinary daily work typically requires doing the same or
similar work over and over, while a project is done only once; a new product or service exists when the
project is completed.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Learning Objective: 01-02 Distinguish a project from routine operations.
Topic: Current Drivers of Project Management
4. Which of the following activities is the best example of a project?
A. Processing insurance claims
B. Producing automobiles
C. Writing a policy manual
D. Monitoring product quality
E. Overseeing customer requests
A project is not routine, repetitive work! Ordinary daily work typically requires doing the same or
similar work over and over, while a project is done only once; a new product or service exists when the
project is completed.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Learning Objective: 01-02 Distinguish a project from routine operations.
Topic: What is a Project?
5. Which of the following is NOT one of the stages of a project life cycle?
A. Identifying
B. Defining
C. Planning
D. Executing
E. Closing
What is a Project? passes sequentially through four stages: defining, planning, executing and closing.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Learning Objective: 01-03 Identify the different stages of project life cycle.
Topic: What is a Project?
1-2
Copyright © 2018 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
, https://browsegrades.net/singlePaper/416759/testbank-and-solution-manual-for-project-manage
6. In the stage of What is a project?, project objectives are established, teams are formed,
and major responsibilities are assigned.
A. Identifying
B. Defining
C. Planning
D. Executing
E. Closing
Specifications of the project are defined; project objectives are established; teams are formed; major
responsibilities are assigned in the defining stage.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Learning Objective: 01-03 Identify the different stages of project life cycle.
Topic: What is a Project?
7. In the stage of What is a Project?, a major portion of the actual project work
performed.
A. Identifying
B. Defining
C. Planning
D. Executing
E. Closing
A major portion of the project work takes place-both physical and mental-in the executing stage.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Learning Objective: 01-03 Identify the different stages of project life cycle.
Topic: What is a Project?
8. In the stage of What is a Project? you are more likely to find status reports, changes,
and the creation of forecasts.
A. Identifying
B. Defining
C. Planning
D. Executing
E. Closing
You are more likely to find status reports, changes and the creation of forecasts in the executing stage of
What is a Project?.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Learning Objective: 01-03 Identify the different stages of project life cycle.
Topic: What is a Project?
1-3
Copyright © 2018 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
,https://browsegrades.net/singlePaper/416759/testbank-and-solution-manual-for-project-manage
Chapter 01 Modern Project Management Answer Key
Multiple Choice Questions
1. A professional organization for project managers is the
A. PMI.
B. AMA.
C. MIS.
D. IPM.
E. PMBOK.
The Project Management Institute (PMI) is a professional organization for project managers.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-04 Understand the importance of projects in implementing organization strategy.
Topic: Current Drivers of Project Management
2. Which of the following is NOT considered to be a characteristic of a project?
A. An established objective
B. A clear beginning and end
C. Specific time, cost and performance requirements
D. For internal use only
E. Something never been done by a particular company before
Projects have an established objective, a defined life span, the involvement of several departments and
professionals, is something that has never been done before, and it has specific time, cost and
performance requirements.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Apply
Difficulty: 2 Medium
Learning Objective: 01-03 Identify the different stages of project life cycle.
Topic: Current Drivers of Project Management
1-1
Copyright © 2018 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
,https://browsegrades.net/singlePaper/416759/testbank-and-solution-manual-for-project-manage
3. Which of the following activities is NOT considered a project?
A. Developing a new software program
B. Designing a space station
C. Preparing the site for the Olympic Games
D. Production of automobile tires
E. Developing a new advertising program
A project is not routine, repetitive work! Ordinary daily work typically requires doing the same or
similar work over and over, while a project is done only once; a new product or service exists when the
project is completed.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Learning Objective: 01-02 Distinguish a project from routine operations.
Topic: Current Drivers of Project Management
4. Which of the following activities is the best example of a project?
A. Processing insurance claims
B. Producing automobiles
C. Writing a policy manual
D. Monitoring product quality
E. Overseeing customer requests
A project is not routine, repetitive work! Ordinary daily work typically requires doing the same or
similar work over and over, while a project is done only once; a new product or service exists when the
project is completed.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Learning Objective: 01-02 Distinguish a project from routine operations.
Topic: What is a Project?
5. Which of the following is NOT one of the stages of a project life cycle?
A. Identifying
B. Defining
C. Planning
D. Executing
E. Closing
What is a Project? passes sequentially through four stages: defining, planning, executing and closing.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Learning Objective: 01-03 Identify the different stages of project life cycle.
Topic: What is a Project?
1-2
Copyright © 2018 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
, https://browsegrades.net/singlePaper/416759/testbank-and-solution-manual-for-project-manage
6. In the stage of What is a project?, project objectives are established, teams are formed,
and major responsibilities are assigned.
A. Identifying
B. Defining
C. Planning
D. Executing
E. Closing
Specifications of the project are defined; project objectives are established; teams are formed; major
responsibilities are assigned in the defining stage.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Learning Objective: 01-03 Identify the different stages of project life cycle.
Topic: What is a Project?
7. In the stage of What is a Project?, a major portion of the actual project work
performed.
A. Identifying
B. Defining
C. Planning
D. Executing
E. Closing
A major portion of the project work takes place-both physical and mental-in the executing stage.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Learning Objective: 01-03 Identify the different stages of project life cycle.
Topic: What is a Project?
8. In the stage of What is a Project? you are more likely to find status reports, changes,
and the creation of forecasts.
A. Identifying
B. Defining
C. Planning
D. Executing
E. Closing
You are more likely to find status reports, changes and the creation of forecasts in the executing stage of
What is a Project?.
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Learning Objective: 01-03 Identify the different stages of project life cycle.
Topic: What is a Project?
1-3
Copyright © 2018 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
