Exam (elaborations)
Project Management Achieving Competitive Advantage 3rd Edition by Jeffrey K. Pinto - Test Bank
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,Project Management: Achieving Competitive Advantage, 3e (Pinto)Chapter 1 Introduction: Why Project Management?
1.1 True/False Questions
1) Projects, rather than repetitive tasks, are now the basis for most value-added in business.
Answer: TRUE
Diff: 1
Section: 1.0 Introduction
Skill: Factual
AACSB Tag: Reflective
2) Projects are typically ongoing, day-to-day activities that have goods and services as outputs.
Answer: FALSE
Diff: 2
Section: 1.1 What Is a Project?
Skill: Definition
AACSB Tag: Reflective
3) A typical project stays within functional and organizational boundaries.
Answer: FALSE
Diff: 2
Section: 1.1 What Is a Project?
Skill: Definition
AACSB Tag: Reflective
4) The special nature of projects relieves project managers from their routine of planning, organizing,
motivating, directing, and controlling.
Answer: FALSE
Diff: 2
Section: 1.1 What Is a Project?
Skill: Factual
AACSB Tag: Reflective
5) A project exists outside of the standard line organization.
Answer: TRUE
Diff: 2
Section: 1.1 What Is a Project?
Skill: Factual
AACSB Tag: Reflective
6) Product life cycles are longer now than twenty years ago.
Answer: FALSE
Diff: 2
Section: 1.2 Why Are Projects Important?
Skill: Factual
AACSB Tag: Reflective
7) The emergence of global markets has made project management skills more critical.
Answer: TRUE
Diff: 1
Section: 1.2 Why Are Projects Important?
Skill: Factual
AACSB Tag: Reflective
1-1
Copyright © 2013 Pearson Education, Inc. Publishing as Prentice Hall
,8) Since a business gains market share with day-to-day operations, senior managers value process
management experience over project management experience.
Answer: FALSE
Diff: 1
Section: 1.2 Why Are Projects Important?
Skill: Factual
AACSB Tag: Reflective
9) The initial goal and technical specifications of the project are developed during the planning stage.
Answer: FALSE
Diff: 2
Section: 1.3 Project Life Cycles
Skill: Factual
AACSB Tag: Reflective
10) Client interest in a project is highest during the termination and conceptual phases.
Answer: TRUE
Diff: 2
Section: 1.3 Project Life Cycles
Skill: Factual
AACSB Tag: Reflective
11) The classic triple constraint standard for project performance is composed of time, cost, and client
acceptance.
Answer: FALSE
Diff: 2
Section: 1.4 Determinants of Project Success
Skill: Definition
AACSB Tag: Reflective
12) The business success dimension of project success determines whether the project achieved significant
commercial success.
Answer: TRUE
Diff: 2
Section: 1.4 Determinants of Project Success
Skill: Factual
AACSB Tag: Reflective
1-2
Copyright © 2013 Pearson Education, Inc. Publishing as Prentice Hall
, 13) The Atkinson model for assessing project success gathers input from all of the project's stakeholders.
Answer: TRUE
Diff: 2
Section: 1.4 Determinants of Project Success
Skill: Factual
AACSB Tag: Reflective
14) The use of benchmarking allows companies that are relatively immature at project management to
achieve quantum leaps of improvement.
Answer: FALSE
Diff: 2
Section: 1.5 Developing Project Management Maturity
Skill: Factual
AACSB Tag: Reflective
15) Most effective project maturity models chart both a set of standards that are currently accepted as
state-of-the-art as well as a process for achieving significant movement towards these benchmarks.
Answer: TRUE
Diff: 2
Section: 1.5 Developing Project Management Maturity
Skill: Factual
AACSB Tag: Reflective
16) Acme uses no recognizable project management processes and has entertaining project meetings
because each member has a unique way of reporting progress or lack thereof. Acme is most likely at the
moderate level in the generic project management maturity model.
Answer: FALSE
Diff: 2
Section: 1.5 Developing Project Management Maturity
Skill: Conceptual
AACSB Tag: Reflective
17) Any organization, no matter how initially unskilled in project management, can begin to chart a
course toward the type of project organization they wish to become.
Answer: TRUE
Diff: 2
Section: 1.5 Developing Project Management Maturity
Skill: Definition
AACSB Tag: Reflective
18) A company's culture has little impact on whether projects are successfully implemented.
Answer: FALSE
Diff: 2
Section: 1.6 Project Elements and Text Organization
Skill: Conceptual
AACSB Tag: Reflective
1-3
Copyright © 2013 Pearson Education, Inc. Publishing as Prentice Hall
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