Test bank
Project Management in Practice 7th Edition
by Jack R. Meredith and Scott M. Shafer Chapters 1-8
Copyrightn©2017nJohnnWileyn&nSons,nInc
.
,TABLE OF CONTENT n n
1 The World of Project Management 1
n n n n n n
1.1 What is a Project? 1
n n n n n
1.1.1 Trends in Project Management 2
n n n n n
1.2 Project Management Versus General Management 4
n n n n n n
1.2.1 Major Differences 4
n n n
1.2.2 Negotiation 5
n n
1.3 Agile Project Management 6
n n n n
1.4 What is Managed? The Three Goals of a Project 10
n n n n n n n n n n
1.5 The Life Cycles of Projects 12
n n n n n n
1.6 Selecting Projects to Meet Organizational Objectives 14
n n n n n n n
1.6.1 Nonnumeric Selection Methods 15
n n n n
1.6.2 Numeric Selection Methods 16
n n n n
1.7 The Project Portfolio Process 23
n n n n n
1.8 The Materials in this Text 27
n n n n n n
Copyrightn©2017nJohnnWileyn&nSons,nInc
.
,Project Management in Practice, 7th Edition Meredith
n n n n n n
Chapter 1-8
n
Chapter 1: The World of Project Management
n n n n n n
True/False
1. Anprimarynpurposenofnformingnprojectsnisntonassignnthenresponsibilitynfornacc
omplishingnsomenorganizationalntaskntonanspecificnpersonnornsmallngroup.
Answer:nTrue
Response:nSeensectionn1.1nL
evel:neasy
2. Onenofnthenfewnsimilaritiesnbetweennprojectnmanagementnandngeneralnmanagemen
tnisnthatnbothnexistninnthenwell-
definednorganizationalnstructurenofnsuperior/subordinatesninnthenoverallnorganizati
on.
Answer:nFalse
Response:nSeensectionn1.2nL
evel:nmedium
3. Manynrecentndevelopmentsninnprojectnmanagementnarenbeingndrivennbynchangesnin
nthennaturenofnthenAmericannworkforce.
Answer:nFalse
Response:nSeensectionn1.1nL
evel:nmedium
4. Therenhasnbeennangrowingnusenofnprojectsntonachievenannorganization’snstrategicn
goals
Answer:nTrue
Response:nSeensectionn1.1nL
evel:nmedium
Copyrightn©2017nJohnnWileyn&nSons,nInc
.
, 5. Whilengeneralnmanagersnhaventheirnauthoritynlimitedntonspecificnareasninnthenover
allnorganization,nprojectnmanagersnhavenauthoritynovernanynactivitynrequirednbynth
enproject.
Answer:nFalse
Response:nSeensectionn1.2nL
evel:nmedium
6. Projectsnarenalwaysncarriednoutnundernconditionsnofnuncertainty.
Answer:nTrue
Response:nSeensectionn1.3nL
evel:neasy
7. Onencanntrade-
offntimenandncostnwhennmanagingnanproject,nbutnthenproject’sntechnicalnspecificatio
nsnmustnbenmaintainednexactlynasnthenclientninitiallynspecifies.
Answer:nFalse
Response:nSeensectionn1.3nL
evel:nmedium
8. Nonnumericnprojectnselectionnmethodsnarenonlynsuitablenifnnumericnmethodsnar
ennotnavailable.
Answer:nFalse
Response:nSeensectionn1.5nL
evel:nmedium
9. Whennusingnfinancialnmethodsnfornselectingnprojects,nthenpaybacknperiodnisnthe
nsimplestnandnbestnmethodntonuse.
Answer:nFalse
Response:nSeensectionn1.5nL
evel:nmedium
Copyrightn©2017nJohnnWileyn&nSons,nInc
.
Project Management in Practice 7th Edition
by Jack R. Meredith and Scott M. Shafer Chapters 1-8
Copyrightn©2017nJohnnWileyn&nSons,nInc
.
,TABLE OF CONTENT n n
1 The World of Project Management 1
n n n n n n
1.1 What is a Project? 1
n n n n n
1.1.1 Trends in Project Management 2
n n n n n
1.2 Project Management Versus General Management 4
n n n n n n
1.2.1 Major Differences 4
n n n
1.2.2 Negotiation 5
n n
1.3 Agile Project Management 6
n n n n
1.4 What is Managed? The Three Goals of a Project 10
n n n n n n n n n n
1.5 The Life Cycles of Projects 12
n n n n n n
1.6 Selecting Projects to Meet Organizational Objectives 14
n n n n n n n
1.6.1 Nonnumeric Selection Methods 15
n n n n
1.6.2 Numeric Selection Methods 16
n n n n
1.7 The Project Portfolio Process 23
n n n n n
1.8 The Materials in this Text 27
n n n n n n
Copyrightn©2017nJohnnWileyn&nSons,nInc
.
,Project Management in Practice, 7th Edition Meredith
n n n n n n
Chapter 1-8
n
Chapter 1: The World of Project Management
n n n n n n
True/False
1. Anprimarynpurposenofnformingnprojectsnisntonassignnthenresponsibilitynfornacc
omplishingnsomenorganizationalntaskntonanspecificnpersonnornsmallngroup.
Answer:nTrue
Response:nSeensectionn1.1nL
evel:neasy
2. Onenofnthenfewnsimilaritiesnbetweennprojectnmanagementnandngeneralnmanagemen
tnisnthatnbothnexistninnthenwell-
definednorganizationalnstructurenofnsuperior/subordinatesninnthenoverallnorganizati
on.
Answer:nFalse
Response:nSeensectionn1.2nL
evel:nmedium
3. Manynrecentndevelopmentsninnprojectnmanagementnarenbeingndrivennbynchangesnin
nthennaturenofnthenAmericannworkforce.
Answer:nFalse
Response:nSeensectionn1.1nL
evel:nmedium
4. Therenhasnbeennangrowingnusenofnprojectsntonachievenannorganization’snstrategicn
goals
Answer:nTrue
Response:nSeensectionn1.1nL
evel:nmedium
Copyrightn©2017nJohnnWileyn&nSons,nInc
.
, 5. Whilengeneralnmanagersnhaventheirnauthoritynlimitedntonspecificnareasninnthenover
allnorganization,nprojectnmanagersnhavenauthoritynovernanynactivitynrequirednbynth
enproject.
Answer:nFalse
Response:nSeensectionn1.2nL
evel:nmedium
6. Projectsnarenalwaysncarriednoutnundernconditionsnofnuncertainty.
Answer:nTrue
Response:nSeensectionn1.3nL
evel:neasy
7. Onencanntrade-
offntimenandncostnwhennmanagingnanproject,nbutnthenproject’sntechnicalnspecificatio
nsnmustnbenmaintainednexactlynasnthenclientninitiallynspecifies.
Answer:nFalse
Response:nSeensectionn1.3nL
evel:nmedium
8. Nonnumericnprojectnselectionnmethodsnarenonlynsuitablenifnnumericnmethodsnar
ennotnavailable.
Answer:nFalse
Response:nSeensectionn1.5nL
evel:nmedium
9. Whennusingnfinancialnmethodsnfornselectingnprojects,nthenpaybacknperiodnisnthe
nsimplestnandnbestnmethodntonuse.
Answer:nFalse
Response:nSeensectionn1.5nL
evel:nmedium
Copyrightn©2017nJohnnWileyn&nSons,nInc
.
