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1.Which of the following is NOT considered to be a characteristic of a project?

A)An established objective

B)A clear beginning and end

C)Specific time, cost and performance requirements

D)For internal use only

E)Something never been done before

2.When considering the following activities, which is the best example of a project?

A)Processing insurance claims

B)Producing automobiles

C)Writing a policy manual

D)Monitoring product quality

E)Overseeing customer requests

3.In the _____________ stage of the project life cycle, project objectives are established, teams are formed, and major responsibilities are assigned.

A)Identifying

B)Defining

C)Planning

D)Executing

E)Closing

4.In the _____________ stage of the project life cycle, a major portion of the physical project work performed.

A)Identifying

B)Defining

C)Planning

D)Executing

E)Closing

5.Which of the following is NOT typical of a project manager?

A)Managing a temporary activity

B)Overseeing existing operations

C)Managing a non-repetitive activity

D)Responsible for time, cost and performance trade-offs

E)Work with a group of outsiders, including vendors and suppliers

6.Which of the following choices is NOT one of the driving forces behind the increasing demand for project management?

A)Compression of the product life cycle

B)Knowledge explosion

C)Increasing need for multi-project management

D)Declining need for product customization

E)More sustainable business practices

7.Which dimension of project management centers on creating a temporary social system within a larger organizational environment that combines the talents of a divergent set of professionals working to complete the project?

A)Communication

B)Sociocultural

C)Social

D)Technical

E)Scheduling

8.Which of the following statements is true?

A)Project management is far from a standard way of doing business

B)Project management is increasingly contributing to achieving organizational strategies

C)Project management is being used at a consistent percentage of a firm's efforts

D)Project management is a specialty that few organizations have access to

E)All of these statements are false

9.Project management is important to understand when someone is a part of a project team because they

A)Work with others to create a schedule and budget

B)Need to understand project priorities so they can make independent decisions

C)Need to be able to monitor and report project progress

D)Need to understand the project charter or scope statement that defines the objectives and parameters of the project

E)All of these are reasons it is important for project team members to understand project management

10.Which of these is NOT part of the "technical dimension" of project management?

A)WBS

B)Budgets

C)Problem solving

D)Schedules

E)Status reports

11.Corporate downsizing has increased the trend toward

A)Reducing the number of projects a company initiates

B)Outsourcing significant segments of project work

C)Using dedicated project teams

D)Shorter project lead times

E)Longer project lead times

12.The following is NOT true about project management

A)It is not limited to the private sector

B)Many opportunities are available for individuals interested in this career path

C)It improves one's ability to plan, implement and manage activities to accomplish specific organizational objectives

D)It focuses primarily on technical processes

E)It is a set of tools

13.Governance of all project management processes and procedures helps provide senior management with all of the following EXCEPT

A)A method to ensure projects that are important to senior management are being implemented

B)An assessment of the risk their portfolio of projects represents

C)An overview of all project management activities

D)A metric to measure the improvement of managing projects relative to others in the industry

E)A big picture of how organizational resources are being used.

14.Which of the following is a good example of a program?

A)Planting a garden

B)Developing a new residential area that includes six custom homes

C)Developing a new marketing plan

D)Taking notes each class meeting to prepare for the final

E)Planning a wedding

15.Which of the following represents the correct order of stages within the project life cycle

A)Planning, Defining, Executing, Closing

B)Closing, Planning, Defining, Executing

C)Defining, Planning, Executing, Closing

D)Executing, Defining, Planning, Closing

E)Planning, Defining, Closing, Executing

Operation Management, Management Studies

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