TEPM 6301 Ch. 1 Exam 2022/2023 with complete solution
6 views 0 purchase
Course
TEPM 6301 Ch. 1
Institution
TEPM 6301 Ch. 1
A professional organization for project managers is the
Project Management Institute (PMI)
For companies of moderate-to-large size, it is not unusual to have hundreds of small projects ongoing currently. The advent of many small projects has created the need for an organization that can suppo...
tepm 6301 ch 1 exam 20222023 with complete solution
a professional organization for project managers is the
for companies of moderate to large size
it is not unusual to have hundreds of small proje
Written for
TEPM 6301 Ch. 1
All documents for this subject (1)
Seller
Follow
EvaTee
Reviews received
Content preview
TEPM 6301 Ch. 1
A professional organization for project managers is the - Answer Project Management
Institute (PMI)
For companies of moderate-to-large size, it is not unusual to have hundreds of small
projects ongoing currently. The advent of many small projects has created the need for
an organization that can support _________ management. - Answer multi-project
Which of the following choices is a professional organization for project managers?
A) PMBOK
B) AMA
C) MIS
D) PMI
E) IPM - Answer D) PMI
One of the defining characteristics of a project is that it has a singular purpose, i.e., an
established ______.
A) goal
B) purpose
C) objective
D) mission
E) vision - Answer objective
A series of coordinated, related, multiple projects that continue over extended time
period and are intended to achieve a goal is known as a
A) Strategy
B) Program
C) Campaign
D) Crusade
E) Venture - Answer B) Program
Project management is not limited to the _____ sector. - Answer private
Which of the following is NOT a reason why project management has become a
standard way of doing business?
A) Organization are executing more and more projects
B) Projects need to be done faster
C) Organization are doing more project work in-house instead of outsourcing
D) Increased need for skilled management of stakeholders outside of organization
E) Increased project complexity and innovation - Answer C) Organization are doing
more project work in-house instead of outsourcing
Which of the following activities is the best example of a project?
A) Writing a policy manual
B) Overseeing customer requests
C) Monitoring product quality
, TEPM 6301 Ch. 1
D) Producing automobiles
E) Processing insurance claims - Answer A) Writing a policy manual
The first chapter introduced some of the most rudimentary aspects of the discipline,
including definitions. A temporary endeavor undertaken to create a unique product,
service, or result, is a(n) _____? - Answer project
As the number of small projects increase within an organization's portfolio, what is a
challenge an organization faces?
A) All of these are challenges
B) Measuring efficiency
C) Sharing resources
D) Prioritizing projects
E) Managing risk - Answer A) All of these are challenges
A project life cycle _______. - Answer can vary based on industry
Life cycles are used to characterize how things change over time. The ________
typically passes sequentially through four phases. - Answer project life cycle
Which of the following represents the correct order of stages within the project life
cycle?
A) Defining, Planning, Executing, Closing
B) Planning, Defining, Closing, Executing
C) Planning, Defining, Executing, Closing
D) Closing, Planning, Defining, Executing
E) Executing, Defining, Planning, Closing - Answer A) Defining, Planning, Executing,
Closing [DPEC]
Training the customer, releasing staff and resources occurs in the _______ stage of
project life cycle. - Answer closing
The product life cycle must be understood as totally different from the project life cycle.
In today's high-tech industries the product life cycle is averaging _______ to ______. -
Answer 6 months; 3 years
Projects with high predictability are said to have ______.
A) iterative and incremental delivery
B) unknown or unstable scope
C) unknown or unstable requirements
D) the best circumstances for use of agile project management
E) the best circumstances for use of traditional project management - Answer E) the
best circumstances for use of traditional project management
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller EvaTee. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.49. You're not tied to anything after your purchase.
