pmch1-2

1.

1 point

Which of the following is not typically the responsibility of a project manger?

A. Meeting budget requirements

B. Meeting schedule requirements

C. Meeting performance specifications

D. Coordinates the actions of the team members

E. All of these are typical responsibilities

2.

1 point

Which of the following terms is often used to denote a project that a powerful, high-ranking official is advocating?

A. Sacred cow

B. Pet project

C. Political necessity

D. Special undertaking

E. Strategic ploy

3.

1 point

In which of the following stages is it determined what the project will entail, when it will be scheduled, whom it will benefit, and what the budget will be?

A. Conceptualizing

B. Defining

C. Planning

D. Executing

E. Delivering

4.

1 point

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. complex tasks

D. only for internal use

E. never been done before

5.

1 point

The waste on failed projects and cost overruns is estimated in the neighborhood of

A. Under $100 Million

B. Over $150 Billon

C. Under $10 Billion

D. Between $90-$100 Billion

E. Between $125-$135 Billion

6.

1 point

A critical factor to ensure the success of integrating the strategic plan with projects lies in a process that

A. Is open and published for all participants to review

B. Starts with top management's directives

C. With projects first and integrates them with the strategic plan

D. Both B and C are correct

E. A, B, and C are all correct

7.

1 point

Strategy considered to be under purview of senior management is

A. Old school thinking

B. A new school of management thought

C. Necessary in a company structure

D. Beneficial to the Project Manager

E. Depended on company goals

8.

1 point

A series of coordinated, related, multiple projects that continue over extended time intended to achieve a goal is known as a

A. Strategy

B. Program

C. Campaign

D. Crusade

E. Venture

9.

1 point

Two dimensions within the project management process are

A. Technical and sociocultural

D. Established and new

B. Cost and time

E. Unique and reoccurring

C. Planned and unexpected

10.

1 point

Which of the follow is not one of the commonly heard comments of project managers?

A. Where did this project come from?

B. Why are we doing this project?

C. How can all these projects be first priority?

D. Why is this project so strongly linked to the strategic plan?

E. Where are we going to get the resources to do this project?

11.

1 point

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.

1 point

The textbook indicated that ________ is the major dimension of strategic management.

A. Responding to changes in the external market

B. Allocating scarce resources of the organization

C. Beating competition to the market

D. Both a and b are correct

E. Both a and c are correct

13.

1 point

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

A. Accountability

B. Flexibility

C. Innovation

D. Speed

E. Repeatability

14.

1 point

The assessment of the external and internal environments is called _______ analysis.

A. SWOT analysis

B. Competitive

C. Industry

D. Market

E. Strategic

15.

1 point

In which of the following stages is a major portion of the physical and mental project work performed?

C. Planning

A. Conceptualizing

D. Executing

E. Delivering

B. Defining

16.

1 point

Integration of project management with the organization takes place with the

A. Master budget

B. Strategy plan

C. Process of managing actual projects

D. Both b and c are correct

E. A, B, and C are all correct

17.

1 point

Project managers who do not understand the role that their project plays in accomplishing the organization's strategy tend to make all the following mistakes except:

A. Focusing on low priority problems

B. Overemphasizing technology as an end in and of itself

C. Focusing on the immediate customer

D. Trying to solve every customer issue

E. All the above are likely mistakes

18.

1 point

Which of the following choices is not one of the stages of a project life cycle?

B. Defining

E. Delivering

C. Planning

D. Executing

A. Conceptualizing

19.

1 point

Which of the following would not be classified as an organizational threat?

A. Slowing of the economy

B. A maturing life cycle

C. Poor product quality

D. Government regulations

E. All of these are organizational threats

20.

1 point

From 1994 to 2009 the trend for projects late or over budget was:

A. Significantly better

B. Slightly better

C. About the same

D. Slightly worse

E. Significantly worse

21.

1 point

Which of the following is the first step in developing a set of strategies designed to best meet the needs of customers?

A. Market Research

B. Define the Integrated Project Management System

C. Environmental Analysis

D. Project Selection

E. All of the above are correct

22.

1 point

Which of the following is the correct order for the strategic management process?

A. Strategies, mission, goals, projects

B. Goals, projects, mission, strategies

C. Mission, goals, strategies, projects

D. Goals, mission, strategies, projects

E. Projects, mission, strategies, goals

23.

1 point

Which of the following is not one of the characteristics of effective objectives?

A. Realistic

B. Assignable

C. Flexible

D. Specific

E. Measurable

24.

1 point

Which of the following is not one of the traditional components found in mission statements?

A. Major products and services

B. Profitability

C. Target customers and markets

D. Geographic domain

E. Contribution to society

25.

1 point

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

A. Processing insurance claims

B. Producing automobiles

C. Writing a term paper

D. Completing a college degree

E. All of these are good examples of projects

26.

1 point

In which of the following stages are you more likely to find status reports, many changes, and the creation of forecasts?

A. Conceptualizing

E. Delivering

B. Defining

C. Planning

D. Executing

27.

1 point

which of the following activities is not considered a project?

A. Developing a new software program

B. designing a space station

C. preparing the site for the olympic games

D. production of automobile tires

E. Developing a new advertising program

28.

1 point

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

A. Increasing product demand

B. Excellent employees

C. Emerging markets

D. demographics

E. All of these are organizational opportunities

29.

1 point

Which of these is not part of the "sociocultural dimension" of project management?

A. Negotiation

B. Resource allocation

C. Customer expectations

D. Leadership

E. Politics

30.

1 point

Which of the following characteristics is not typical of a project manager?

A. Managing a temporary activity

B. Possesses in-depth technical knowledge

C. Managing a non-repetitive activity

D. Manages independently of the formal organization

E. Provides a direct link to the customer

31.

1 point

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

A. 10

B. 20

C. 33

D. 45

E. 50

32.

1 point

Which of the following questions does the organization's mission statement answer?

A. What are our long-term strategies?

B. What are our long-term goals and objectives?

C. How do we operate in the existing environment?

D. What do we want to become?

E. All of these are answered by the mission statement

33.

1 point

The importance of project management has increased due to

A. The movement of manufacturing operations out of the U.S

B. Time to market

C. The movement toward flatter and leaner organizations

D. Both a and b are true

E. A, B, and C are all true

34.

1 point

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

C. Development of third world and closed economies

D. More emphasis on the product and less on the customer

B. Knowledge explosion

E. Corporate downsizing

35.

1 point

Which of the following is not true for strategic management?

A. It should be done once each year just before developing the operating plan

B. It supports consistency of action at every level of the organization

C. It develops an integrated and coordinated long-term plan of action

D. It positions the firm to meet the needs of its customers

E. All of these are true statements

36.

1 point

Which of the following constraints is not typically found in managing projects?

A. Time

B. People

C. Cost

D. Performance

E. Both B and D are not typical constraints

37.

1 point

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

A. Poor scheduling

B. Excess work burden

C. Flexible tasking

D. Multitasking

E. Burnout

38.

1 point

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

39.

1 point

Which of the following is a main reason why project managers need to understand their organization's mission and strategy?

A. They can better focus on the immediate customer

B. They can make appropriate decisions and adjustments

C. So they can be effective project advocates

D. Both B and C are correct

E. A, B, and C are all correct

40.

1 point

The intended outcome of strategy/projects integration is

A. Clear organization focus

B. Best use of scare organization resources

C. Improved communication across projects and departments

D. Both A and C are correct

E. A, B, and C are all correct

41.

1 point

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

A. Conceptualizing

C. Planning

D. Executing

E. Delivering

B. Defining

42.

1 point

Which of the following is not one of the requirements for successful implementation of strategies through projects?

A. Allocation of resources

B. Prioritizing of projects

C. Motivation of project contributors

D. Adequate planning and control systems

E. All of these are requirements

43.

1 point

Competing in a global market is influenced by

A. Rapid change

B. Innovation

C. Time to market

D. Politics

E. A, B, and C are all true

44.

1 point

The advent of project management has been most profound in

A.Automobile manufacturing

B.construction

C.information technology

D.the u.s. department of defence

E.film making

45.

1 point

Which of the following statements is true?

A. Project management is becoming 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. Both A and B are true

E. A, B, and C are all true

46.

1 point

In today's business environment, project managers find it valuable to have a keen understanding of

A. Strategic management

B. Technical issues

C. Project selection process

D. Both A and C are correct

E. A, B, and C are all correct

47.

1 point

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

A. Overall intelligence

B. Works well with others

C. Experience

D. Past successes

E. Good references

48.

1 point

Integration of all project processes and practices to improve Project Management is due to

A. Centralization

B. Environmental analysis

C. Customer Expectations

D. Project management system

E. The organization's environment and culture

49.

1 point

A professional organization for project management specialists is the

A. PMI

B. AMA

C. MIS

D. IPM

E. PMBOK

50.

1 point

Strategy formulation includes which of the following activities?

A. Determining alternatives

B. Creating profitability targets

C. Evaluating alternatives

D. Both a and c are correct

E. A, B, and C are all correct