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  • March 27, 2024
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Project Management: The Managerial Process 8th Edition by Erik Larson & Clifford Gray




TEST BANK for Project Management: The
Managerial Process 8th Edition by Erik Larson &
Clifford Gray

(100% Answer Given at the End of Each
Chapter)




Test Bank Page 1

,Project Management: The Managerial Process 8th Edition by Erik Larson & Clifford Gray




TRUE/FALSE - Write 'T' if the statement is true and 'F' if the statement is false.
1) Accountants, architects, and attorneys are among professional people who excel at
managing projects yet never have the title of project manager.

⊚ true ⊚ false




2) The Project Management Institute has a certification for project managers known as
Project Management Professional (PMP).

⊚ true ⊚ false




3) Project management is equally useful in ongoing, routine work as well as unique, one-
time initiatives, because of its flexibility.

⊚ true ⊚ false




4) The fact that projects are not confined to a single department but may involve several
departments and professionals is a defining characteristic of projects.

⊚ true ⊚ false




5) Specific time, cost, and performance requirements are among the characteristics that
separate project management from other endeavors of the organization.

⊚ true ⊚ false




Version 1 1



Test Bank Page 2

, Project Management: The Managerial Process 8th Edition by Erik Larson & Clifford Gray
Stuvia.com - The Marketplace to Buy and Sell your Study Material




6) Project management is a skill set that is transferable across most businesses and
professions and is critical to many careers.

⊚ true ⊚ false




7) For construction companies that build many buildings, all buildings built after the first do
not fit the definition of a project.

⊚ true ⊚ false




8) As specified in a project life cycle, the first stage in the life cycle of a project is the
concept stage.

⊚ true ⊚ false




9) Programs are processes designed to accomplish goals that are common to a program over
time.

⊚ true ⊚ false




10) Project management is generally restricted to specialists because of the requirement for
in-depth expertise.

⊚ true ⊚ false




Test Bank Page 3

Test Bank Page 3

, Project Management: The Managerial Process 8th Edition by Erik Larson & Clifford Gray

11) Agile PM is incremental, iterative development and delivery whereas traditional PM does
not deliver nor elicit feedback from the customer until the project is nearly complete.

⊚ true ⊚ false




12) One of the most significant driving forces behind the demand for project management is
the ever increasing lengthening of the product life cycle.

⊚ true ⊚ false




13) Project management appears to be ideally suited for a business environment requiring
accountability, flexibility, innovation and repeatability.

⊚ true ⊚ false




14) At first glance, project managers perform the same functions as other managers. That is,
they plan, schedule, motivate and control.

⊚ true ⊚ false




15) The modus operandi (method) used for implementing organizational strategy is through
projects.

⊚ true ⊚ false




Version 1 3




Test Bank Page 4

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