Chapter 1
Project Management Concepts
TRUE/FALSE
1. A project is an endeavor to accomplish a specific objective through a unique set of interrelated tasks and the effective
utilization of resources.
ANS: T
Feedback
Correct True, a project is an endeavor to accomplish a specific objective through a unique set of
interrelated tasks and the effective utilization of resources.
Incorrect True, a project is an endeavor to accomplish a specific objective through a unique set of
interrelated tasks and the effective utilization of resources.
PTS: 1 DIF: E OBJ: 1. Define what a project is.
KEY: Knowledge
2. A research firm secured $2 million to evaluate the treatment of water in selected countries over the next three years.
This is an example of a project.
ANS: T
Feedback
Correct True, this is a project with a specific through a unique set of interrelated tasks and the effective
utilization of resources.
Incorrect True, this is a project with a specific through a unique set of interrelated tasks and the effective
utilization of resources.
PTS: 1 DIF: M OBJ: 1. Define what a project is.
MSC: Comprehension
3. The Department of Transportation hired a company to build a six-lane highway between two cities. This is an example
of a project.
ANS: T
Feedback
Correct True, this is a project with a specific through a unique set of interrelated tasks and the effective
utilization of resources.
Incorrect True, this is a project with a specific through a unique set of interrelated tasks and the effective
utilization of resources.
PTS: 1 DIF: M OBJ: 1. Define what a project is
, KEY: Comprehension
4. A group volunteered to keep a section of highway clean. This is an example of a project.
ANS: F
Feedback
Correct False, this in not a project. It is not a unique set of interrelated tasks and the effective utilization of
resources. A specific day with volunteers would be a project.
Incorrect False, this in not a project. It is not a unique set of interrelated tasks and the effective utilization of
resources. A specific day with volunteers would be a project.
PTS: 1 DIF: M OBJ: 1. Define what a project is
KEY: Comprehension
5. A project is an endeavor to accomplish a specific objective through a unique set of nonrelated tasks and the effective
utilization of resources.
ANS: F
Feedback
Correct False, a project is an endeavor to accomplish a specific objective through a unique set of
interrelated tasks and the effective utilization of resources.
Incorrect False, a project is an endeavor to accomplish a specific objective through a unique set of
interrelated tasks and the effective utilization of resources.
PTS: 1 DIF: E OBJ: 1. Define what a project is
MSC: Knowledge
6. The outcome of a project is a tangible end product.
ANS: T
Feedback
Correct The outcome of a project is a tangible end product.
Incorrect The outcome of a project is a tangible end product.
PTS: 1 DIF: E OBJ: 2. List and discuss the attributes of a project
KEY: Knowledge
7. Every project has a starting date and an ending date.
ANS: T
Feedback
Correct Every project has a starting date and an ending date.
Incorrect Every project has a starting date and an ending date.
PTS: 1 DIF: E OBJ: 2. List and discuss the attributes of a project
KEY: Knowledge
, 8. A project has a clear objective.
ANS: T
Feedback
Correct A project has a clear objective.
Incorrect A project has a clear objective.
PTS: 1 DIF: E OBJ: 2. List and discuss the attributes of a project
KEY: Knowledge
9. The project objective requires completing the project work scope on time and within budget.
ANS: T
Feedback
Correct The project objective requires completing the project work scope on time and within budget.
Incorrect The project objective requires completing the project work scope on time and within budget.
PTS: 1 DIF: E OBJ: 2. List and discuss the attributes of a project
KEY: Knowledge
10. Expected benefits and outcomes may be included in the project objective.
ANS: T
Feedback
Correct Expected benefits and outcomes may be included in the project objective.
Incorrect Expected benefits and outcomes may be included in the project objective.
PTS: 1 DIF: E OBJ: 2. List and discuss the attributes of a project
KEY: Knowledge
11. A project is carried out through a series of independent tasks.
ANS: F
Feedback
Correct A project is carried out through a series of interdependent tasks.
Incorrect A project is carried out through a series of interdependent tasks.
PTS: 1 DIF: E OBJ: 2. List and discuss the attributes of a project
KEY: Knowledge
, 12. A project utilizes various resources to carry out the tasks.
ANS: T
Feedback
Correct A project utilizes various resources to carry out the tasks.
Incorrect A project utilizes various resources to carry out the tasks.
PTS: 1 DIF: E OBJ: 2. List and discuss the attributes of a project
KEY: Knowledge
13. Resources can include people, organizations, equipment, materials, and facilities.
ANS: T
Feedback
Correct Resources can include people, organizations, equipment, materials, and facilities.
Incorrect Resources can include people, organizations, equipment, materials, and facilities.
PTS: 1 DIF: E OBJ: 2. List and discuss the attributes of a project
KEY: Knowledge
14. A project has an unlimited time frame.
ANS: F
Feedback
Correct A project has a specific time frame.
Incorrect A project has a specific time frame.
PTS: 1 DIF: E OBJ: 2. List and discuss the attributes of a project
KEY: Knowledge
15. A project has a sponsor or customer.
ANS: T
Feedback
Correct A project has a sponsor or customer.
Incorrect A project has a sponsor or customer.
PTS: 1 DIF: E OBJ: 2. List and discuss the attributes of a project
KEY: Knowledge
Project Management Concepts
TRUE/FALSE
1. A project is an endeavor to accomplish a specific objective through a unique set of interrelated tasks and the effective
utilization of resources.
ANS: T
Feedback
Correct True, a project is an endeavor to accomplish a specific objective through a unique set of
interrelated tasks and the effective utilization of resources.
Incorrect True, a project is an endeavor to accomplish a specific objective through a unique set of
interrelated tasks and the effective utilization of resources.
PTS: 1 DIF: E OBJ: 1. Define what a project is.
KEY: Knowledge
2. A research firm secured $2 million to evaluate the treatment of water in selected countries over the next three years.
This is an example of a project.
ANS: T
Feedback
Correct True, this is a project with a specific through a unique set of interrelated tasks and the effective
utilization of resources.
Incorrect True, this is a project with a specific through a unique set of interrelated tasks and the effective
utilization of resources.
PTS: 1 DIF: M OBJ: 1. Define what a project is.
MSC: Comprehension
3. The Department of Transportation hired a company to build a six-lane highway between two cities. This is an example
of a project.
ANS: T
Feedback
Correct True, this is a project with a specific through a unique set of interrelated tasks and the effective
utilization of resources.
Incorrect True, this is a project with a specific through a unique set of interrelated tasks and the effective
utilization of resources.
PTS: 1 DIF: M OBJ: 1. Define what a project is
, KEY: Comprehension
4. A group volunteered to keep a section of highway clean. This is an example of a project.
ANS: F
Feedback
Correct False, this in not a project. It is not a unique set of interrelated tasks and the effective utilization of
resources. A specific day with volunteers would be a project.
Incorrect False, this in not a project. It is not a unique set of interrelated tasks and the effective utilization of
resources. A specific day with volunteers would be a project.
PTS: 1 DIF: M OBJ: 1. Define what a project is
KEY: Comprehension
5. A project is an endeavor to accomplish a specific objective through a unique set of nonrelated tasks and the effective
utilization of resources.
ANS: F
Feedback
Correct False, a project is an endeavor to accomplish a specific objective through a unique set of
interrelated tasks and the effective utilization of resources.
Incorrect False, a project is an endeavor to accomplish a specific objective through a unique set of
interrelated tasks and the effective utilization of resources.
PTS: 1 DIF: E OBJ: 1. Define what a project is
MSC: Knowledge
6. The outcome of a project is a tangible end product.
ANS: T
Feedback
Correct The outcome of a project is a tangible end product.
Incorrect The outcome of a project is a tangible end product.
PTS: 1 DIF: E OBJ: 2. List and discuss the attributes of a project
KEY: Knowledge
7. Every project has a starting date and an ending date.
ANS: T
Feedback
Correct Every project has a starting date and an ending date.
Incorrect Every project has a starting date and an ending date.
PTS: 1 DIF: E OBJ: 2. List and discuss the attributes of a project
KEY: Knowledge
, 8. A project has a clear objective.
ANS: T
Feedback
Correct A project has a clear objective.
Incorrect A project has a clear objective.
PTS: 1 DIF: E OBJ: 2. List and discuss the attributes of a project
KEY: Knowledge
9. The project objective requires completing the project work scope on time and within budget.
ANS: T
Feedback
Correct The project objective requires completing the project work scope on time and within budget.
Incorrect The project objective requires completing the project work scope on time and within budget.
PTS: 1 DIF: E OBJ: 2. List and discuss the attributes of a project
KEY: Knowledge
10. Expected benefits and outcomes may be included in the project objective.
ANS: T
Feedback
Correct Expected benefits and outcomes may be included in the project objective.
Incorrect Expected benefits and outcomes may be included in the project objective.
PTS: 1 DIF: E OBJ: 2. List and discuss the attributes of a project
KEY: Knowledge
11. A project is carried out through a series of independent tasks.
ANS: F
Feedback
Correct A project is carried out through a series of interdependent tasks.
Incorrect A project is carried out through a series of interdependent tasks.
PTS: 1 DIF: E OBJ: 2. List and discuss the attributes of a project
KEY: Knowledge
, 12. A project utilizes various resources to carry out the tasks.
ANS: T
Feedback
Correct A project utilizes various resources to carry out the tasks.
Incorrect A project utilizes various resources to carry out the tasks.
PTS: 1 DIF: E OBJ: 2. List and discuss the attributes of a project
KEY: Knowledge
13. Resources can include people, organizations, equipment, materials, and facilities.
ANS: T
Feedback
Correct Resources can include people, organizations, equipment, materials, and facilities.
Incorrect Resources can include people, organizations, equipment, materials, and facilities.
PTS: 1 DIF: E OBJ: 2. List and discuss the attributes of a project
KEY: Knowledge
14. A project has an unlimited time frame.
ANS: F
Feedback
Correct A project has a specific time frame.
Incorrect A project has a specific time frame.
PTS: 1 DIF: E OBJ: 2. List and discuss the attributes of a project
KEY: Knowledge
15. A project has a sponsor or customer.
ANS: T
Feedback
Correct A project has a sponsor or customer.
Incorrect A project has a sponsor or customer.
PTS: 1 DIF: E OBJ: 2. List and discuss the attributes of a project
KEY: Knowledge
