1. Until the 1980s, project management primarily focused on providing schedule and resource data to top
management in the military, computer, and construction industries.
ANS: T
Until the 1980s, project management primarily focused on providing schedule and resource data to top
management in the military, computer, and construction industries. Today’s project management
involves much more, and people in every industry and every country manage projects.
2. A difference between operations and projects is that operations end when their objectives have been
reached, whereas projects do not.
ANS: F
Projects are different from operations in that they end when their objectives have been reached or the
project has been terminated.
PTS: 1 DIF: Difficulty: Moderate REF: p.4
OBJ: LO: 1-2 NAT: BUSPROG: Analytic TOP: What is a Project?
KEY: Bloom's: Comprehension
3. Every project should have a well-defined objective.
ANS: T
A project has a unique purpose. Every project should have a well-defined objective.
PTS: 1 DIF: Difficulty: Easy REF: p.6
OBJ: LO: 1-2 NAT: BUSPROG: Analytic TOP: What is a Project?
KEY: Bloom's: Knowledge
4. Projects should be developed in increments.
ANS: T
A project is developed using progressive elaboration. Projects are often defined broadly when they
begin, and as time passes, the specific details of the project become clearer. Therefore, projects should
be developed in increments.
PTS: 1 DIF: Difficulty: Moderate REF: p.6
OBJ: LO: 1-2 NAT: BUSPROG: Analytic TOP: What is a Project?
KEY: Bloom's: Comprehension
5. Resources in a project should be used effectively because they are limited.
ANS: T
A project requires resources, often from various areas. Resources, however, are limited and must be
used effectively to meet project and other corporate goals.
, PTS: 1 DIF: Difficulty: Moderate REF: p. 7
OBJ: LO: 1-2 NAT: BUSPROG: Analytic TOP: What is a Project?
KEY: Bloom's: Comprehension
6. A project manager’s primary role is to provide the funding for a project.
ANS: F
A project sponsor usually provides the direction and funding for a project.
PTS: 1 DIF: Difficulty: Easy REF: p.7
OBJ: LO: 1-2 NAT: BUSPROG: Analytic TOP: What is a Project?
KEY: Bloom's: Knowledge
7. One of the main reasons why project management is challenging is because of the factor of
uncertainty.
ANS: T
A project involves uncertainty. Every project is unique and thus it is sometimes difficult to define its
objectives clearly, estimate how long it will take to complete, or determine how much it will cost. This
uncertainty is one of the main reasons project management is so challenging.
PTS: 1 DIF: Difficulty: Moderate REF: p.7
OBJ: LO: 1-2 NAT: BUSPROG: Analytic TOP: What is a Project?
KEY: Bloom's: Comprehension
8. Questions about how a team will track schedule performance is related to a project’s scope.
ANS: F
Project scope deals with questions such as, “What work will be done as part of the project?”, “What
unique product, service, or result does the customer or sponsor expect from the project?”, or “How will
the scope be verified?”
PTS: 1 DIF: Difficulty: Moderate REF: p.7
OBJ: LO: 1-2 NAT: BUSPROG: Technology TOP: What is a Project?
KEY: Bloom's: Comprehension
9. In order to be realistic, a project manager should always set discrete goals instead of a range of
objectives.
ANS: F
Projects involve uncertainty and limited resources. Thus they rarely finish according to their original
scope, time, and cost goals. Instead of discrete target goals, it is often more realistic to set a range of
goals.
PTS: 1 DIF: Difficulty: Moderate REF: p.8
OBJ: LO: 1-2 NAT: BUSPROG: Analytic TOP: What is a Project?
KEY: Bloom's: Comprehension
10. Managing the triple constraint primarily involves making trade-offs between resources and quality.
ANS: F
, Managing the triple constraint involves making trade-offs between scope, time, and cost goals for a
project. Experienced project managers know that one must decide which aspect of the triple constraint
is most important.
PTS: 1 DIF: Difficulty: Easy REF: p.9
OBJ: LO: 1-2 NAT: BUSPROG: Analytic TOP: What is a Product?
KEY: Bloom's: Knowledge
11. The only responsibility of a project manager is to meet the specific scope, time, and cost goals of a
project.
ANS: F
Project managers must strive not only to meet specific scope, time, cost, and quality goals of projects
but also facilitate the entire process to meet the needs and expectations of people involved in project
activities or affected by them.
12. A project’s stakeholders consist of its customers, users, and suppliers.
ANS: T
Stakeholders are the people involved in or affected by project activities, and include the project
sponsor, project team, support staff, customers, users, suppliers, and even opponents of a project.
13. Opponents of a project do not belong to the category of stakeholders.
ANS: F
Stakeholders are the people involved in or affected by project activities, and include the project
sponsor, project team, support staff, customers, users, suppliers, and even opponents of a project.
14. The importance of stakeholders’ needs and expectations is limited to the beginning of a project.
ANS: F
Stakeholders’ needs and expectations are important in the beginning and throughout the life of a
project. Successful project managers develop good relationships with project stakeholders to
understand and meet their needs and expectations.
15. Project procurement management primarily involves identifying stakeholder needs while managing
their engagement throughout the life of the project.
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