TEST BANK for Project Management: A Managerial Approach, 11th Edition Jack Meredith; Scott Shafer; Samuel Mantel. ISBN 9781119803812 _TABLE OF CONTENTS_ CHAPTER 1: Projects in Contemporary Organizati ons CHAPTER 2: Project Strategy and Selection CHAPTER 3: The Project Manager CHAPTER 4: Managing fo...
1. The past several decades have been marked by rapid decline in the use of project
management as a means by which organizations achieve their objectives.
Ans: False
Section: Introduction
Level: Easy
2. The project to construct a highway is unique because the characteristics of terrain will
be different for different segments.
Ans: True
Section: 1.1 The Definition of a “Project”
Level: Advanced
3. The project to construct a highway is unique because consistency of the concrete will
vary for different segments.
Ans: False
Section: 1.1 The Definition of a “Project”
Level: Advanced
4. The project to construct a highway is unique because different types of laborers will
be used to build various segments of the highway.
Ans: False
Section: 1.1 The Definition of a “Project”
Level: Advanced
5. The project to construct a highway is unique because different people manage
different sections of the highway.
Ans: False
Section: 1.1 The Definition of a “Project”
Level: Advanced
Project Management 11th Edition 1 of 26 Chapter 1
,6. The production of weekly status reports could be considered a project.
Ans: False
Section: 1.1 The Definition of a “Project”
Level: Easy
7. All stakeholders have a financial interest in a project.
Ans: False
Section: 1.1 The Definition of a “Project”
Level: Easy
8. The techniques of project management were developed by an organization called the
Project Management Institute (PMI).
Ans: False
Section: 1.1 The Definition of a “Project”
Level: Easy
9. The overwhelming majority of all projects are comparatively small.
Ans: True
Section: 1.1 The Definition of a “Project”
Level: Easy
10. Deliverables are also known as scope.
Ans: True
Section: 1.1 The Definition of a “Project”
Level: Easy
11. In computer science, projects are not called projects. Instead, they are called
programs.
Ans: False
Section: 1.1 The Definition of a “Project”
Level: Intermediate
Project Management 11th Edition 2 of 26 Chapter 1
, 12. One of the two primary tasks of the project manager is to manage the trade-offs
associated with the project.
Ans: True
Section: 1.1 The Definition of a “Project”
Level: Easy
13. One of the two primary tasks of the project manager is to manage the budget.
Ans: False
Section: 1.1 The Definition of a “Project”
Level: Intermediate
14. One of the two primary tasks of the project manager is to anticipate and address risks
to the project.
Ans: True
Section: 1.1 The Definition of a “Project”
Level: Easy
15. From the early days of project management, the direct project objectives of time, cost,
and scope have been accepted as the primary determinants of project success or
failure.
Ans: True
Section: 1.1 The Definition of a “Project”
Level: Easy
16. A universal characteristic of projects is that every project is unique.
Ans: True
Section: 1.1 The Definition of a “Project”
Level: Easy
17. A universal characteristic of projects is that a project is a one-time occurrence with a
well-defined and specific set of desired end results.
Ans: True
Section: 1.1 The Definition of a “Project”
Level: Easy
Project Management 11th Edition 3 of 26 Chapter 1
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 AcademiContent. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $33.49. You're not tied to anything after your purchase.
