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Test Bank — Project Management: The Managerial Process, 7th Edition — Erik W. Larson & Clifford F. Gray — Latest Update 2025/2026 — (All Chapters Covered 1–16)

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Test Bank — Project Management: The Managerial Process, 7th Edition — Erik W. Larson & Clifford F. Gray — Latest Update 2025/2026 — (All Chapters Covered 1–16). Chapters included: Chapter 1: Modern Project Management, Chapter 2: Organization Strategy and Project Selection, Chapter 3: Organization: Structure and Culture, Chapter 4: Defining the Project, Chapter 5: Estimating Project Times and Costs, Chapter 6: Developing a Project Schedule, Chapter 7: Managing Risk, Chapter 8: Scheduling Resources and Costs, Chapter 9: Reducing Project Duration, Chapter 10: Being an Effective Project Manager, Chapter 11: Managing Project Teams, Chapter 12: Outsourcing: Managing Interorganizational Relations, Chapter 13: Progress and Performance Measurement and Evaluation, Chapter 14: Project Closure, Chapter 15: Agile Project Management, Chapter 16: International Projects

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Project Management:
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The Managerial
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Process 7th Edition
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TEST BANK
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AP
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Erik W. Larson
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Comprehensive Test Bank for Instructors
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and Students
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© Erik W. Larson. All rights reserved. Reproduction or distribution without permission is

prohibited.



©MEDCONNOISSEUR

, Test Bank for Project Management: The Managerial Process (7th Edition)
Author: Erik W. Larson
ST

Chapter 1: Modern Project Management
Chapter 2: Organization Strategy and Project Selection
Chapter 3: Organization: Structure and Culture
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Chapter 4: Defining the Project
Chapter 5: Estimating Project Times and Costs
Chapter 6: Developing a Project Schedule
Chapter 7: Managing Risk
Chapter 8: Scheduling Resources and Costs
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Chapter 9: Reducing Project Duration
Chapter 10: Being an Effective Project Manager
Chapter 11: Managing Project Teams
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Chapter 12: Outsourcing: Managing Interorganizational Relations
Chapter 13: Progress and Performance Measurement and Evaluation
Chapter 14: Project Closure
Chapter 15: Agile Project Management
AP

Chapter 16: International Projects
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OV
ED
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©MEDCONNOISSEUR

, Chapter 01 Modern Project Management Answer Key
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Multiple Choice Questions


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


AACSB: Reflective Thinking
Accessibility: Keyboard Navigation
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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?
AP
A. An established objective
B. A clear beginning and end
C. Specific time, cost and performance requirements
D. For internal use only
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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.
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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
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1-1
Copyright © 2018 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.

, 3. Which of the following activities is NOT considered a project?
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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
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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
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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?
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A. Processing insurance claims
B. Producing automobiles
C. Writing a policy manual
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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.
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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?
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5. Which of the following is NOT one of the stages of a project life cycle?


A. Identifying
B. Defining
C. Planning
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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.

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