Revised Project Management |UPDATED| 100% Correct

Revised Project Management |UPDATED| 100% Correct Project management today is: *Answer* a flexible method for managing large or small endeavors. What are the three primary objectives of projects? *Answer* Stay within budget, within time constraints, within scope The two primary tasks of the Project Manager are what? *Answer* Managing tradeoffs and anticipating and addressing risks to the project. A universal characteristic of all projects is that projects are: *Answer* unique If the primary goal of a project is to produce 10 new widget designs, what might be an important ancillary goal? *Answer* Determine skill and creativity level of the design department. What is a "quasi-project"? *Answer* A situation in which all of the three primary project objectives are ill-defined. Most of the credit for developing project management techniques belongs to: *Answer* the military. Actual experience with PM indicates that _________ organizations using it claim to experience better customer relations and increase in their ROI. *Answer* a majority of.. A common negative aspect of implementing PM is ... *Answer* greater organizational complexity Project Management has resulted in an overall ______. *Answer* decline in the use of traditional hierarchical management. The largest amount of effort applied to a project is during the __________ phase. *Answer* planning, scheduling, monitoring, and control Successful Project Management (PM) includes which of the following attributes: *Answer* Strongly relates to the organization's strategy, mission & goals. Common problems in managing projects include which of the following? *Answer* Staying within budget, within time cons