Testbank and Solution manual for Project Management The Managerial Process 8th Edition by Erik Larson|Newest version 2025 A+

AND SOLUTIONS MA
BN BNBN




NUAL

, Chapter 01 Modern Project Management Answer Key
BN BN BN BN BN BN




Multiple Choice Questions
BN BN




1. A professional organization for project managers is the
BN BN BN BN BN BN BN




A. PMI.
B. AMA.
C. MIS.
D. IPM.
E. PMBOK.
The Project Management Institute (PMI) is a professional organization for project managers.
BN BN BN BN BN BN BN BN BN BN BN




AACSB: Reflective Thinking BN BN


Accessibility: Keyboard Navigati B N BN BN


on
Blooms: Remembe BN


r Difficulty: 1 E B N BN BN


asy
Learning Objective: 01-04 Understand the importance of projects in implementing organization strategy.
BN BN BN BN BN BN BN BN BN BN BN


Topic: Current Drivers of Project Management BN BN BN BN BN




2. Which of the following is NOT considered to be a characteristic of a project?
BN BN BN BN BN BN BN BN BN BN BN BN BN




A. An established objective
BN BN



B. A clear beginning and end
BN BN BN BN



C. Specific time, cost and performance requirements
BN BN BN BN BN



D. For internal use only
BN BN BN



E. Something never been done by a particular company before
BN BN BN BN BN BN BN BN



Projects have an established objective, a defined life span, the involvement of several departm
BN BN BN BN BN BN BN BN BN BN BN BN BN



ents and professionals, is something that has never been done before, and it has specific time
BN BN BN BN BN BN BN BN BN BN BN BN BN BN BN



, cost and performance requirements.
BN BN BN BN




AACSB: Reflective Thinking BN BN


Accessibility: Keyboard Navigati B N BN BN


on
Blooms: Appl BN


y Difficulty: 2 Med B N BN BN


ium
Learning Objective: 01-03 Identify the different stages of project life cycle.
BN BN BN BN BN BN BN BN BN BN


Topic: Current Drivers of Project Management BN BN BN BN BN




1-1

,3. Which of the following activities is NOT considered a project?
BN BN BN BN BN BN BN BN BN




A. Developing a new software program BN BN BN BN



B. Designing a space station BN BN BN



C. Preparing the site for the Olympic Games
BN BN BN BN BN BN



D. Production of automobile tires BN BN BN



E. Developing a new advertising program BN BN BN BN


A project is not routine, repetitive work! Ordinary daily work typically requires doing the same
BN BN BN BN BN BN BN BN BN BN BN BN BN BN



or similar work over and over, while a project is done only once; a new product or service exi
BN BN BN BN BN BN BN BN BN BN BN BN BN BN BN BN BN BN BN



sts when the project is completed.
BN BN BN BN BN




AACSB: Reflective Thinking BN BN


Accessibility: Keyboard Navigati B N BN BN


on
Blooms: Understan BN


d Difficulty: 2 Med B N BN BN


ium
Learning Objective: 01-02 Distinguish a project from routine operations.
BN BN BN BN BN BN BN BN


Topic: Current Drivers of Project Management BN BN BN BN BN




4. Which of the following activities is the best example of a project?
BN BN BN BN BN BN BN BN BN BN BN




A. Processing insurance claims BN BN



B. Producing automobiles BN



C. Writing a policy manual BN BN BN



D. Monitoring product quality BN BN



E. Overseeing customer requests BN BN



A project is not routine, repetitive work! Ordinary daily work typically requires doing the same
BN BN BN BN BN BN BN BN BN BN BN BN BN BN



or similar work over and over, while a project is done only once; a new product or service exi
BN BN BN BN BN BN BN BN BN BN BN BN BN BN BN BN BN BN BN



sts when the project is completed.
BN BN BN BN BN




AACSB: Reflective Thinking BN BN


Accessibility: Keyboard Navigati B N BN BN


on
Blooms: Understan BN


d Difficulty: 2 Med B N BN BN


ium
Learning Objective: 01-02 Distinguish a project from routine operations.
BN BN BN BN BN BN BN BN


Topic: What is a Project? BN BN BN BN




5. Which of the following is NOT one of the stages of a project life cycle?
BN BN BN BN BN BN BN BN BN BN BN BN BN BN




A. Identifying
B. Defining
C. Planning
D. Executing
E. Closing
What is a Project? passes sequentially through four stages: defining, planning, executing and closing.
BN BN BN BN BN BN BN BN BN BN BN BN BN




1-2

, AACSB: Reflective Thinking
BN BN


Accessibility: Keyboard Navigati
B N BN BN


on
Blooms: Understan BN


d Difficulty: 2 Med
B N BN BN


ium
Learning Objective: 01-03 Identify the different stages of project life cycle.
BN BN BN BN BN BN BN BN BN BN


Topic: What is a Project?
BN BN BN BN




1-3