Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

Question 1: The advent of project management has been most profound in

  • Automobile manufacturing
  • Construction
  • Information technology
  • The U.S. Department of Defense
  • Film making

Question 2: Which of the following is the number one characteristic that is looked for in management candidates?

  • Overall intelligence
  • Works well with others
  • Experience
  • Past successes
  • Good reference

Question 3: In which of the following stages are project objectives established, teams formed, and major responsibilities assigned?

  • Conceptualizing
  • Defining
  • Planning
  • Executing
  • Delivering

Question 4: Project management is ideally suited for a business environment requiring all of the following except

  • Accountability
  • Flexibility
  • Innovation
  • Speed
  • Repeatability

Question 5: A common rule of thumb in the world of high-tech product development is that a six-month project delay can result in a loss of product revenue share of ___ percent. The waste on failed projects and cost overruns is estimated in the neighborhood of

  • 10
  • 20
  • 33
  • 45
  • 50

Question 6: Which of these is not part of the "technical dimension" of project management?

  • WBS
  • Budgets
  • Problem solving
  • Schedules
  • Status reports

Question 7: From among the following activities, which is the best example of a project?

  • Processing insurance claims
  • Producing automobiles
  • Writing a term paper
  • Completing a college degree
  • All of these are good examples of projects

Question 8: Which of the following activities is not considered a project?

  • Developing a new software program
  • Designing a space station
  • Preparing the site for the Olympic Games
  • Production of automobile tires
  • Developing a new advertising program

Question 9: Project selection criteria are typically classified as:

  • Financial and non-financial
  • Short-term and long-term
  • Strategic and tactical
  • Required and optional
  • Cost and schedule

Question 10: Which of the following is not one of the characteristics of effective objectives?

  • Realistic
  • Assignable
  • Flexible
  • Specific
  • Measurable

Question 11: Susie's department is implementing many projects. She finds herself starting and stopping work on one task to go and work on another task, and then return to the work on the original task. Susie is experiencing

  • Poor scheduling
  • Excess work burden
  • Flexible tasking
  • Multitasking
  • Burnout

Question 12: Which of the following would not be classified as an organizational opportunity?

  • Increasing product demand
  • Excellent employees
  • Emerging markets
  • Demographics

Question 13: A project screening matrix typically contains all of the following except:

  • The list of available projects
  • Specific criteria
  • Weights assigned to specific criteria
  • Costs to complete each project

Question 14: In the Snapshot from Practice, Intel's CEO has concentrated Intel's strategy toward?

  • Creating chips to support the digital device market
  • Eliminating AMD as a competitor
  • Strengthening Intel's position in the PC market
  • Expanding Intel's international market
  • Expand efforts in the mainframe computer market

Question 15: A major project proposal form will likely include all of the following except:

  • Project Classification
  • Schedule objective
  • Major deliverables of the project
  • How success will be measured

Question 16: Projects are usually classified into all but one of the following categories. Which one is not one of the typical classifications?

  • Compliance and emergency
  • Operational
  • Strategic
  • Political necessity

Question 17: Who is responsible for determining what tasks have to be done in a matrix project management structure?

  • The functional manager
  • The project manager
  • Both are responsible
  • This is no pattern of who takes responsibility

Question 18: MegaComputers, Inc. has assigned a project manager for each of the five new-product teams. The managers as well as the project team members work on the projects on a full-time basis. The structure being used is ________ organization.

  • Functional
  • Balanced matrix
  • Weak matrix
  • Strong matrix
  • Project

Question 19: The project manager has the responsibility to answer which of the following questions?

  • What task has to be done?
  • Who will do the task?
  • How will the task be done?
  • How well has the functional input been integrated?
  • Why will the task be done?

Question 20: The project structure that is ranked as most effective for developing new products is ______ organization.

  • Functional
  • Balanced matrix
  • Weak matrix
  • Strong matrix
  • Project

Question 21: A good project management system provides for defining the interface between the project team and the organization in all the following areas except

  • Authority
  • Allocation of resources
  • Development of project team members
  • Integration of the project into the organization

Question 22: _________ organization is a hybrid form in which a horizontal project management structure is overlaid in the normal functional hierarchy.

  • Functional
  • Matrix
  • Project
  • Balanced

Question 23: The Macintosh development team at Apple is a good example of what kind of project structure?

  • Project
  • Balanced Matrix
  • Project Matrix
  • Functional Matrix
  • Functional

Question 24: Organizational culture is best explained as organizational

  • Personality
  • Hierarchy
  • Reporting relationships
  • Background
  • Management style

Question 25: From the list below, which is not a primary characteristic of organization culture?

  • Control
  • Team emphasis
  • History
  • Conflict tolerance
  • Risk tolerance

Question 26: The project scope statement indicates that the client is responsible for training the people who will be using the equipment and that the project team will train the client's trainers. This is an example of:

  • Project objectives
  • Deliverables
  • Limits and exclusions
  • Technical requirements
  • Milestones

Question 27: If a project criterion indicates that the project must meet a specific date, that criterion is classified as

  • Constrained
  • Enhanced
  • Accepted
  • Limited
  • Fixed

Question 28: Scott has just been given a project that has a specific target date. After discussion with top management he finds that while the date is important the cost is more important and a slip in delivery would be acceptable if required to meet the cost targets. The target date is best classified as

  • Constrain
  • Enhance
  • Accept
  • Limit
  • Optional

Question 29: If a project is small or of narrow scope and does not require an elaborate system, which of the following is a good choice?

  • Responsibility matrix
  • Organization breakdown structure
  • Work breakdown structure
  • Priority matrix
  • Process breakdown structure

Question 30: The ability of 911 emergency systems to identify the caller's phone number and location are considered to be a

  • Technical requirement
  • Milestone
  • Project limit
  • Project exclusion
  • Project deliverable

Question 31: Which of the following is not one of the basic classifications of project priorities?

  • Profit
  • Cost
  • Time
  • Performance

Question 32: The tendency for the project deliverables to expand over time-usually by changing requirements, specifications, and priorities-is called:

  • Scope erosion
  • Scope creep
  • Project bloat
  • Scope enhancement
  • Project add-ons

Question 33: The final step in the creation of a Work Breakdown Structure is to

  • Code the WBS for tracking
  • Assign the cost account to a manager
  • Assign the work package to a manager
  • Develop the responsibility matrix

Question 34: The process of forecasting or approximating the time and cost of completing project deliverables is called

  • Budgeting
  • Predicting
  • Estimating
  • Planning
  • Guesstimating

Question 35: Ed is looking over the actual results of projects and comparing them to what was estimated. He notices that projects that took six months or longer to complete were noticeably more off the estimates. Which of the following factors is he recognizing?

  • Padding estimates
  • Planning horizon
  • Project structure
  • People
  • Organization culture

Question 36: Jose is forecasting project time and cost for constructing a new building by multiplying the total square footage by a given dollar amount. Which of the following methods is he using?

  • Ratio
  • Template
  • Apportion
  • Function point
  • Learning curve

Question 37: The accuracy of top-down estimates will typically be in the range of

  • Minus 50% to plus 50%
  • Minus 0% to plus 75%
  • Minus 20% to plus 60%
  • Minus 35% to plus 35%
  • Minus 10% to plus 30%

Question 38: Design flaws being revealed after the fact, extreme weather conditions, and accidents occurring are examples of:

  • Hidden interaction costs
  • Things going wrong on a project
  • Normal conditions not applying
  • Changes in project scope

Question 39: Project costs are typically viewed from all of the following except:

  • Scheduled
  • Sunk
  • Actual
  • Committed

Question 40: Learning curves are more likely to apply in situations where most of the costs are

  • Materials
  • Labor
  • Overhead
  • Evenly spread over materials, labor, and overhead

Question 41: The accuracy of bottom-up estimates will typically be in the range of

  • Minus 50% to plus 50%
  • Minus 0% to plus 75%
  • Minus 20% to plus 60%
  • Minus 35% to plus 35%
  • Minus 10% to plus 30%

Question 42: People working on prototype development needing time to interact with the design engineers after the design is completed is an example of:

  • Hidden interaction costs
  • Things going wrong on a project
  • Normal conditions not applying
  • Changes in project scope

Question 43: Which of the following can help a project manager to digest, clarify, and understand the factors leading to the selection of a specific project?

  • Risk matrix
  • Priority matrix
  • Responsibility matrix
  • Gantt chart
  • Contingency matrix

Question 44: Culture is a concept that encompasses all of the following except:

  • Shared norms
  • Beliefs
  • Values
  • Economic level
  • Customs

Question 45: Needs for a project could include telecommunications, transportation, power, and availability of technically skilled talent. This is an example of which of the following environmental factors?

  • Geographic
  • Infrastructure
  • Economic
  • Legal/political
  • Cultural

Question 46: Concern about the local restrictions on toxic waste is classified as which of the following environmental factors?

  • Economic
  • Geographic
  • Legal/political
  • Infrastructure
  • Culture

Question 47: An information systems specialist reported that his performance on a project in Northern Sweden declined due to sleep deprivation during the summer months in which there was 20 hours of daylight each day. This is an example of which of the following environmental factors?

  • Cultural
  • Legal/political
  • Geographic
  • Economic
  • Infrastructure

Question 48: If a construction company in Dallas builds a bridge in Houston, the project would be classified as

  • Global
  • Overseas
  • Local
  • Domestic
  • Foreign

Question 49: As a response to the events of September 11, 2001, the moving of personnel, materials, and equipment across international borders has created border congestion with increased costs and time. This is an example of which of the following environmental factors?

  • Cultural
  • Infrastructure
  • Geographic
  • Security
  • Legal/political

Question 50: If IBM built a computer system for Outback Barbie Inc. (based in Australia) at their corporate headquarters in Sydney, the project would be classified as

  • Global
  • Overseas
  • Local
  • Domestic
  • Foreign

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M91593578
  • Price:- $50

Priced at Now at $50, Verified Solution

Have any Question?


Related Questions in Business Management

Read the news at the following web Read the news at the following web site.

Read the news at the following web site. https://www.npr.org/sections/thetwo-way/2018/01/30/581804474/amazon-berkshire-hathaway-and-jpmorgan-chase-launch-new-healthcare-company (Links to an external site.)Links to an ext ...

What is norways global health issues and how can they be

What is Norway's global health issues and how can they be combated?

Assignment instructionscompare and contrast strategies for

ASSIGNMENT INSTRUCTIONS Compare and contrast strategies for managing conflict within a team or group The study guide text and readings have outlined a range of strategies that can be employed to respond to conflict in a ...

Effective human resources professionals have a solid

Effective human resources professionals have a solid understanding of the changing nature of work and the workplace. Compare and contrast the evolution of work and the workplace over the past 20 years and how it has impa ...

Identify five sources of information that needs to be

Identify five sources of information that needs to be gathered to allow you to monitor whether or not each service has been properly delivered.

Describe three things you can do to develop a community of

Describe three things you can do to develop a "community of learners" in your classroom. Give a specific example for each.

With respect to the different environments within an

With respect to the different environments within an organization (certain, risk, or uncertain), why is it best for an organization to support both systematic or mostly intuitive thinkers?

Culture varies by country give five of the dimensions and

Culture varies by country, Give five of the dimensions and one country that is likely to be high and one that is likely to be low for each dimension.

How to navigate through the various leadership styles

How to navigate through the various leadership styles within an organization and adjust to the differences in leadership?

Mcnealy entered into a contract with wagner to pay 250000

McNealy entered into a contract with Wagner to pay $250,000 as a lump sum for all timber present in a given area that Wagner would remove for McNealy. The contract estimated that the volume in the area would be 790,000 b ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As