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Chapter 1

The document consists of a series of questions and statements related to project management, covering topics such as project characteristics, project life cycle stages, project governance, and the role of project managers. It includes multiple-choice questions, true/false statements, and open-ended questions aimed at assessing knowledge and understanding of project management principles. The content is structured to facilitate learning and evaluation of key concepts in project management.

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© © All Rights Reserved
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0% found this document useful (0 votes)
32 views53 pages

Chapter 1

The document consists of a series of questions and statements related to project management, covering topics such as project characteristics, project life cycle stages, project governance, and the role of project managers. It includes multiple-choice questions, true/false statements, and open-ended questions aimed at assessing knowledge and understanding of project management principles. The content is structured to facilitate learning and evaluation of key concepts in project management.

Uploaded by

daoxizhuzhu
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 53

Chapter 1

Student: ___________________________________________________________________________

1. A professional organization for project management specialists is the

A. PMI
.
B. AMA
.
C. MIS
.
D. IPM
.
E. PMBOK
.

2. 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

3. 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
4. Which of the following activities 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

5. Which of the following is NOT one of the stages of a project life cycle?

A. Identifyi
ng
B. Definin
g
C. Plannin
g
D. Executin
g
E. Closin
g

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

A. Identifyi
ng
B. Definin
g
C. Plannin
g
D. Executin
g
E. Closin
g
7. In the _____________ stage of the project life cycle, a major portion of the physical
project work performed.

A. Identifyi
ng
B. Definin
g
C. Plannin
g
D. Executin
g
E. Closin
g

8. In the _____________ stage of the project life cycle you are more likely to find status
reports, changes, and the creation of forecasts.

A. Identifyi
ng
B. Definin
g
C. Plannin
g
D. Executin
g
E. Closin
g

9. In the _____________ stage of the project life cycle the project's schedule and budget
will be determined.

A. Identifyi
ng
B. Definin
g
C. Plannin
g
D. Executin
g
E. Closin
g
10. In the _____________ stage of the project life cycle project the product is delivered to
the customer and resources are reassigned.

A. Identifyi
ng
B. Definin
g
C. Plannin
g
D. Executin
g
E. Closin
g

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

A. Managing a temporary
activity
B. Overseeing existing
operations
C. Managing a nonrepetitive
activity
D. Responsible for time, cost and performance
trade-offs
E. Work with a group of outsiders, including vendors and
suppliers

12. Which of the following 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 multiproject
management
D. Declining need for product
customization
E. More sustainable business
practices
13. Project management is ideally suited for a business environment requiring all of the
following EXCEPT

A. Accountabili
ty.
B. Flexibilit
y.
C. Innovatio
n.
D. Speed
.
E. Repeatabilit
y.

14. 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. Communicati
on
B. Sociocultur
al
C. Socia
l
D. Technic
al
E. Schedulin
g

15. 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
16. Project management is important to understand when people are 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.

17. Project governance does NOT include

A. Setting standards for project


selection.
B. Overseeing project management
activities.
C. Centralization of project processes and
practices.
D. Options for continuous
improvement.
E. Allowing project managers to plan the project the way
they see fit.

18. Projects should align with the organization's overall strategy in order to

A. Complete the project


safely.
B. Reduce waste of scarce
resources.
C. Ensure customer
satisfaction.
D. Secure
funding.
E. None of these are reasons why projects should align with the organization's
overall strategy.
19. Two dimensions within the project management process are

A. Technical and
sociocultural.
B. Cost and
time.
C. Planned and
unexpected.
D. Established and
new.
E. Unique and
reoccurring.

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

A. WB
S
B. Budget
s
C. Problem
solving
D. Schedule
s
E. Status
reports

21. Which of these is NOT part of the "sociocultural dimension" of project management?

A. Negotiati
on
B. Resource
allocation
C. Managing customer
expectations
D. Leadershi
p
E. Dealing with
politics
22. 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.

23. Which of the following is NOT a reason why project management has become a
standard way of doing business?

A. Increased need for skilled management of stakeholders outside of


organization
B. Projects need to be done
faster
C. Organizations are doing more project work in-house instead of
outsourcing
D. Organizations are executing more and more
projects
E. Increased product complexity and
innovation

24. Which of the following is typically the responsibility of a project manager?

A. Meeting budget
requirements
B. Meeting schedule
requirements
C. Meeting performance
specifications
D. Coordinating the actions of the team
members
E. All of these are typical
responsibilities
25. A series of coordinated, related, multiple projects that continue over an extended
time period and are intended to achieve a goal is known as a

A. Strateg
y.
B. Progra
m.
C. Campaig
n.
D. Crusad
e.
E. Ventur
e.

26. Which of 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

27. As the number of small projects increase within an organization's portfolio, what is a
challenge an organization faces?

A. Sharing
resources
B. Measuring
efficiency
C. Managing
risk
D. Prioritizing
projects
E. All of these are
challenges
28. 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

29. 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

30. 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

31. Project management is not limited to the __________ sector.

________________________________________
32. The initial stage in the project life cycle is the __________ stage.

________________________________________

33. The final stage in the project life cycle is the __________ stage.

________________________________________

34. A professional organization for project managers that has grown from 93,000 in 2002
to more than 520,000 currently is the ___________.

________________________________________

35. A major part of the project work, both physical and mental, takes place in the
___________ stage of the project life cycle.

________________________________________

36. The project's schedule and budget will be determined in the ___________ stage of the
project life cycle.

________________________________________

37. A temporary endeavor undertaken to create a unique product, service, or result is


a(n) _________.

________________________________________

38. In today's high-tech industries the product life cycle is averaging _________ to 3
years.

________________________________________

39. The advent of many small projects has created the need for an organization that can
support __________ management.

________________________________________

40. Increased competition has placed a premium on customer satisfaction and the
development of __________ products and services.

________________________________________

41. In some organizations, selection and management of projects often fail to support
the overall _________ of the organization.

________________________________________

42. WBS, schedules, and budgets are examples of the _________ dimension of the project
management process.

________________________________________
43. Leadership, teamwork, and negotiation are examples of the _________ dimension of
the project management process.

________________________________________

44. A professional organization for project management specialists is the ___________.

________________________________________

45. One of the defining characteristics of a project is that it has a singular purpose, i.e.,
an established ________.

________________________________________

46. Because projects have a defined beginning and end, the ________ is frequently used
to manage the transitions of a project from start to completion.

________________________________________

47. The _____________ typically passes sequentially through four stages.

________________________________________

48. The establishment of project goals, specifications, and responsibilities usually occurs
in the ________ stage of the project life cycle.

________________________________________

49. Training the customer, reassigning staff, and releasing resources occurs in the
________ stage of the project life cycle.

________________________________________

50. Project managers are expected to ensure that appropriate trade-offs are made
between the time, cost, and __________ requirements of the project.

________________________________________

51. An increase in the complexity of projects, because projects typically include the
latest advances, can be the result of a growth in new __________.

________________________________________

52. A(n) _________ is a series of coordinated, related multiple projects that continue over
an extended time intended to achieve a goal.

________________________________________

53. Applying a set of knowledge, skills, tools, and techniques to a collection of projects in
order to move the organization toward its strategic goals is known as project
____________.

________________________________________
54. Because of the profitability motive, project management is nearly always limited to
the private sector.

True False

55. Most people who excel at managing projects never have the title of project manager.

True False

56. The professional certification for project managers is a Project Management


Professional (PMP).

True False

57. Because of its flexibility, project management is equally useful in ongoing, routine
work as well as unique, one-time projects.

True False

58. One of the defining characteristics of project management is that the projects are not
confined to a single department but involve several departments and professionals.

True False

59. One of the characteristics that separate project management from other endeavors
of the organization is that there are specific time, cost, and performance
requirements.

True False

60. Not only is project management critical to many careers, the skill set is transferable
across most businesses and professions.

True False

61. Since a construction company builds many buildings, the buildings built after the first
do not fit the definition of a project.

True False

62. The first stage in the project life cycle is the concept stage.

True False

63. A major portion of the project work, both physical and mental, takes place during the
production stage of the project life cycle.

True False

64. A program is a process designed to accomplish a common goal over time.

True False
65. Because of the requirement for in-depth expertise, project management is generally
restricted to specialists.

True False

66. Project governance means applying a set of knowledge, skills, tools, and techniques
to a collection of projects in order to move the organization toward its strategic
goals.

True False

67. 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

68. Project management appears to be ideally suited for a business environment


requiring accountability, flexibility, innovation and repeatability.

True False

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

True False

70. Strategic plans should be written by one group of managers, projects should be
selected by another group, and projects should be implemented by another group.

True False

71. Today, projects are the modus operandi or the method used for implementing
organizational strategy.

True False

72. Due to corporate downsizing, significant segments of project work have been
outsourced to other organizations.

True False

73. Smaller projects in larger organizations tend not to need project management skills.

True False

74. Successful project managers focus primarily on technical dimensions of project


management, which include planning, scheduling, and controlling projects.

True False
75. The sociocultural dimension of project management includes managing relationships,
motivating team members and negotiating project terms.

True False

76. Small business development is a major driver of project management.

True False

77. Compare and contrast the Product Life Cycle and the Project Life Cycle.

78. Identify the five major characteristics of a project.

79. Identify and briefly describe the four stages of the Project Life Cycle.
80. "Project managers perform the same functions as other managers." Agree or
disagree, and support your decision.

81. Identify and briefly describe the six current drivers of project management.

82. Describe what project governance means to project management. Why is it


important to organizational strategy?
83. Even if you never aspire to be a "project manager," why is it important to know how
to manage projects effectively? Explain your answer and use an example to support
your answer.

84. Identify and briefly discuss the two key dimensions of managing actual projects.
Explain why both are important to successfully manage a project. Use an example to
support your answer.

85. What are the major differences between managing a process and managing a
project?
86. Describe what it means that a project manager must work with a diverse group of
characters?

87. What is the difference between a project and a program?

88. Describe how corporate downsizing is a driver for project management.


Chapter 1 Key

1. A professional organization for project management specialists is the

A. PMI
.
B. AMA
.
C. MIS
.
D. IPM
.
E. PMBOK
.

The Project Management Institute (PMI) is a professional organization for project


managers.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Remember
Larson - Chapter 01 #1
Learning Objective: What is a Project?
Level of Difficulty: 1 Easy

2. 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

Projects have an established objective, a defined life span, the involvement of


several departments and professionals, is something that has never been done
before, and it has specific time, cost and performance requirements.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Apply
Larson - Chapter 01 #2
Learning Objective: What is a Project?
Level of Difficulty: 2 Medium

3. 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

A project is not routine, repetitive work! Ordinary daily work typically requires
doing the same or similar work over and over, while a project is done only once; a
new product or service exists when the project is completed.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #3
Learning Objective: What is a Project?
Level of Difficulty: 2 Medium

4. Which of the following activities 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

A project is not routine, repetitive work! Ordinary daily work typically requires
doing the same or similar work over and over, while a project is done only once; a
new product or service exists when the project is completed.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #4
Learning Objective: What is a Project?
Level of Difficulty: 2 Medium
5. Which of the following is NOT one of the stages of a project life cycle?

A. Identifyi
ng
B. Definin
g
C. Plannin
g
D. Executin
g
E. Closin
g

The project life cycle passes sequentially through four stages: defining, planning,
executing and closing.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #5
Learning Objective: What is a Project?
Level of Difficulty: 2 Medium

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

A. Identifyi
ng
B. Definin
g
C. Plannin
g
D. Executin
g
E. Closin
g

Specifications of the project are defined; project objectives are established; teams
are formed; major responsibilities are assigned in the defining stage.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #6
Learning Objective: What is a Project?
Level of Difficulty: 2 Medium
7. In the _____________ stage of the project life cycle, a major portion of the physical
project work performed.

A. Identifyi
ng
B. Definin
g
C. Plannin
g
D.Executin
g
E. Closin
g

A major portion of the project work takes place—both physical and mental—in the
executing stage.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #7
Learning Objective: What is a Project?
Level of Difficulty: 2 Medium

8. In the _____________ stage of the project life cycle you are more likely to find status
reports, changes, and the creation of forecasts.

A. Identifyi
ng
B. Definin
g
C. Plannin
g
D.Executin
g
E. Closin
g

You are more likely to find status reports, changes and the creation of forecasts in
the executing stage of the project life cycle.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #8
Learning Objective: What is a Project?
Level of Difficulty: 2 Medium
9. In the _____________ stage of the project life cycle the project's schedule and
budget will be determined.

A. Identifyi
ng
B. Definin
g
C. Plannin
g
D. Executin
g
E. Closin
g

The schedule and budget are determined in the planning stage of the project life
cycle.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #9
Learning Objective: What is a Project?
Level of Difficulty: 2 Medium

10. In the _____________ stage of the project life cycle project the product is delivered
to the customer and resources are reassigned.

A. Identifyi
ng
B. Definin
g
C. Plannin
g
D. Executin
g
E. Closin
g

The product is delivered and project resources are reassigned in the closing stage
of the product life cycle.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #10
Learning Objective: What is a Project?
Level of Difficulty: 1 Easy
11. Which of the following is NOT typical of a project manager?

A. Managing a temporary
activity
B. Overseeing existing
operations
C. Managing a nonrepetitive
activity
D. Responsible for time, cost and performance
trade-offs
E. Work with a group of outsiders, including vendors and
suppliers

Project managers manage temporary, nonrepetitive activities unlike functional


managers who manage existing operations.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Apply
Larson - Chapter 01 #11
Learning Objective: What is a Project?
Level of Difficulty: 2 Medium

12. Which of the following 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 multiproject
management
D.Declining need for product
customization
E. More sustainable business
practices

An increase in need for product customization is a driving force behind the


increasing demand for project management.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #12
Learning Objective: Current Drivers of Project Management
Level of Difficulty: 2 Medium
13. Project management is ideally suited for a business environment requiring all of
the following EXCEPT

A. Accountabili
ty.
B. Flexibilit
y.
C. Innovatio
n.
D. Speed
.
E. Repeatabilit
y.

Competing in a global market influenced by rapid change, innovation, and time to


market means organizations manage more and more projects.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #13
Learning Objective: Project Governance
Level of Difficulty: 2 Medium

14. 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. Communicati
on
B. Sociocultur
al
C. Socia
l
D. Technic
al
E. Schedulin
g

The sociocultural dimension of project management centers on creating a


temporary social system that supports the project.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #14
Learning Objective: Project Management Today-A Socio-Technical Approach
Level of Difficulty: 2 Medium
15. 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

Project management is rapidly becoming a standard way of doing business. The


future promises an increase in the importance and the role of projects in
contributing to the strategic direction of organizations.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #15
Learning Objective: Current Drivers of Project Management
Level of Difficulty: 3 Hard

16. Project management is important to understand when people are 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.

Project members are expected to use project management tools and concepts
such as working as a team to create a budget or schedule and be able to monitor
project progress. They also need to be able to understand project priorities and
parameters.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #16
Learning Objective: What is a Project?
Level of Difficulty: 1 Easy
17. Project governance does NOT include

A. Setting standards for project


selection.
B. Overseeing project management
activities.
C. Centralization of project processes and
practices.
D. Options for continuous
improvement.
E. Allowing project managers to plan the project the way
they see fit.

Project governance includes the centralization of project management processes


and practices. This involves setting standards for project selection and overseeing
project management activities, which results in options for continuous
improvement.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #17
Learning Objective: Project Governance
Level of Difficulty: 3 Hard

18. Projects should align with the organization's overall strategy in order to

A. Complete the project


safely.
B. Reduce waste of scarce
resources.
C. Ensure customer
satisfaction.
D. Secure
funding.
E. None of these are reasons why projects should align with the organization's
overall strategy.

Since projects are the modus operandi, strategic alignment of projects is of major
importance to conserving and effective use of organization resources.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #18
Learning Objective: Project Governance
Level of Difficulty: 2 Medium
19. Two dimensions within the project management process are

A. Technical and
sociocultural.
B. Cost and
time.
C. Planned and
unexpected.
D. Established and
new.
E. Unique and
reoccurring.

There are two dimensions within the actual execution of projects. These include
the technical dimension and the sociocultural dimension.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Remember
Larson - Chapter 01 #19
Learning Objective: Project Management Today-A Socio-Technical Approach
Level of Difficulty: 1 Easy

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

A. WB
S
B. Budget
s
C. Problem
solving
D. Schedule
s
E. Status
reports

The technical dimension includes developing the WBS, budgets, schedules and
status reports. Problem solving would be a part of the sociocultural dimension.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #20
Learning Objective: Project Management Today-A Socio-Technical Approach
Level of Difficulty: 2 Medium
21. Which of these is NOT part of the "sociocultural dimension" of project
management?

A. Negotiati
on
B. Resource
allocation
C. Managing customer
expectations
D. Leadershi
p
E. Dealing with
politics

The sociocultural dimension includes negotiation, managing customer


expectations, leadership and dealing with politics. Resource allocation is part of
the technical dimension of project management.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #21
Learning Objective: Project Management Today-A Socio-Technical Approach
Level of Difficulty: 2 Medium

22. 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.

Companies outsource significant segments of project work, and project managers


have to manage not only their own people but also their counterparts in different
organizations.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #22
Learning Objective: Current Drivers of Project Management
Level of Difficulty: 2 Medium
23. Which of the following is NOT a reason why project management has become a
standard way of doing business?

A. Increased need for skilled management of stakeholders outside of


organization
B. Projects need to be done
faster
C. Organizations are doing more project work in-house instead of
outsourcing
D. Organizations are executing more and more
projects
E. Increased product complexity and
innovation

One of the most significant driving forces behind the demand for project
management is corporate downsizing. This has also led to a change in the way
organizations approach projects. Companies outsource significant segments of
project work, and project managers have to manage not only their own people but
also their counterparts in different organizations.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #23
Learning Objective: Current Drivers of Project Management
Level of Difficulty: 2 Medium

24. Which of the following is typically the responsibility of a project manager?

A. Meeting budget
requirements
B. Meeting schedule
requirements
C. Meeting performance
specifications
D. Coordinating the actions of the team
members
E. All of these are typical
responsibilities

Project managers must ensure that appropriate trade-offs are made between the
time, cost, and performance requirements of the project.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #24
Learning Objective: What is a Project?
Level of Difficulty: 1 Easy
25. A series of coordinated, related, multiple projects that continue over an extended
time period and are intended to achieve a goal is known as a

A. Strateg
y.
B. Progra
m.
C. Campaig
n.
D. Crusad
e.
E. Ventur
e.

A program is a group of related projects designed to accomplish a common goal


over an extended period of time.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Remember
Larson - Chapter 01 #25
Learning Objective: What is a Project?
Level of Difficulty: 1 Easy

26. Which of 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

Project management is more than a set of tools; it also focuses on building


collaborative relationships among a diverse cast of individuals.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #26
Learning Objective: Project Management Today-A Socio-Technical Approach
Learning Objective: What is a Project?
Level of Difficulty: 2 Medium
27. As the number of small projects increase within an organization's portfolio, what is
a challenge an organization faces?

A. Sharing
resources
B. Measuring
efficiency
C. Managing
risk
D. Prioritizing
projects
E. All of these are
challenges

Many firms have no idea of the problems that can result from inefficient
management of small projects. These include sharing resources, measuring
efficiency, managing risk and being able to prioritize projects.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #27
Learning Objective: Current Drivers of Project Management
Level of Difficulty: 2 Medium

28. 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

Governance includes implementing methods of selecting projects that align with


organizational strategy and not on how important the project is to senior
management.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #28
Learning Objective: Project Governance
Level of Difficulty: 2 Medium
29. 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

A program is a group of related projects designed to accomplish a common goal


over an extended period of time.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Apply
Larson - Chapter 01 #29
Learning Objective: What is a Project?
Level of Difficulty: 1 Easy

30. 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

The project life cycle passes sequentially through four stages: defining, planning,
executing, and closing.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Remember
Larson - Chapter 01 #30
Learning Objective: What is a Project?
Level of Difficulty: 1 Easy
31. Project management is not limited to the __________ sector.

private

Project management is also a vehicle for doing good deeds and solving social
problems.

AACSB: Reflective Thinking


Blooms: Understand
Larson - Chapter 01 #31
Learning Objective: What is a Project?
Level of Difficulty: 1 Easy

32. The initial stage in the project life cycle is the __________ stage.

defining

Specifications of the project are defined; project objectives are established; teams
are formed; major responsibilities are assigned in the defining stage of the project
life cycle.

AACSB: Reflective Thinking


Blooms: Understand
Larson - Chapter 01 #32
Learning Objective: What is a Project?
Level of Difficulty: 1 Easy

33. The final stage in the project life cycle is the __________ stage.

closing

Closing includes three activities: delivering the project product to the customer,
redeploying project resources, and post-project review.

AACSB: Reflective Thinking


Blooms: Understand
Larson - Chapter 01 #33
Learning Objective: What is a Project?
Level of Difficulty: 1 Easy

34. A professional organization for project managers that has grown from 93,000 in
2002 to more than 520,000 currently is the ___________.

PMI

The Project Management Institute (PMI) is a professional organization for project


managers.

AACSB: Reflective Thinking


Blooms: Remember
Larson - Chapter 01 #34
Learning Objective: What is a Project?
Level of Difficulty: 1 Easy
35. A major part of the project work, both physical and mental, takes place in the
___________ stage of the project life cycle.

executing

A major portion of the project work—both physical and mental—takes place during
the executing stage of the project life cycle.

AACSB: Reflective Thinking


Blooms: Understand
Larson - Chapter 01 #35
Learning Objective: What is a Project?
Level of Difficulty: 1 Easy

36. The project's schedule and budget will be determined in the ___________ stage of
the project life cycle.

planning

During the planning stage, the level of effort increases, and plans are developed to
determine what the project will entail, when it will be scheduled, whom it will
benefit, what quality level should be maintained, and what the budget will be.

AACSB: Reflective Thinking


Blooms: Understand
Larson - Chapter 01 #36
Learning Objective: What is a Project?
Level of Difficulty: 1 Easy

37. A temporary endeavor undertaken to create a unique product, service, or result is


a(n) _________.

project

As defined by the PMI, a project is a temporary endeavor undertaken to create a


unique product, service or result.

AACSB: Reflective Thinking


Blooms: Remember
Larson - Chapter 01 #37
Learning Objective: What is a Project?
Level of Difficulty: 1 Easy
38. In today's high-tech industries the product life cycle is averaging _________ to 3
years.

6 months

Today in high-tech industries the product life cycle is averaging 6 months to 3


years. Only 30 years ago, life cycles of 10 to 15 years were not uncommon.

AACSB: Reflective Thinking


Blooms: Remember
Larson - Chapter 01 #38
Learning Objective: Current Drivers of Project Management
Level of Difficulty: 1 Easy

39. The advent of many small projects has created the need for an organization that
can support __________ management.

multiproject

This climate has created a multiproject environment and a plethora of new


problems. Sharing and prioritizing resources across a portfolio of projects is a
major challenge for senior management.

AACSB: Reflective Thinking


Blooms: Understand
Larson - Chapter 01 #39
Learning Objective: Current Drivers of Project Management
Level of Difficulty: 2 Medium

40. Increased competition has placed a premium on customer satisfaction and the
development of __________ products and services.

customized

Customers want customized products and services that cater to their specific
needs.

AACSB: Reflective Thinking


Blooms: Understand
Larson - Chapter 01 #40
Learning Objective: Current Drivers of Project Management
Level of Difficulty: 2 Medium
41. In some organizations, selection and management of projects often fail to support
the overall _________ of the organization.

strategic plan

Today, projects are the modus operandi for implementing strategy. Yet in some
organizations, selection and management of projects often fail to support the
strategic plan of the organization.

AACSB: Reflective Thinking


Blooms: Understand
Larson - Chapter 01 #41
Learning Objective: Project Governance
Level of Difficulty: 2 Medium

42. WBS, schedules, and budgets are examples of the _________ dimension of the
project management process.

technical

The technical dimension includes developing the WBS, budgets, schedules and
status reports. The sociocultural dimension includes leadership, negotiation,
teamwork and problem solving.

AACSB: Reflective Thinking


Blooms: Understand
Larson - Chapter 01 #42
Learning Objective: Project Management Today-A Socio-Technical Approach
Level of Difficulty: 1 Easy

43. Leadership, teamwork, and negotiation are examples of the _________ dimension of
the project management process.

sociocultural

The technical dimension includes developing the WBS, budgets, schedules and
status reports. The sociocultural dimension includes leadership, negotiation,
teamwork and problem solving.

AACSB: Reflective Thinking


Blooms: Understand
Larson - Chapter 01 #43
Learning Objective: Project Management Today-A Socio-Technical Approach
Level of Difficulty: 1 Easy
44. A professional organization for project management specialists is the ___________.

Project Management Institute (PMI)

The Project Management Institute (PMI) is a professional organization for project


managers.

AACSB: Reflective Thinking


Blooms: Remember
Larson - Chapter 01 #44
Learning Objective: What is a Project?
Level of Difficulty: 1 Easy

45. One of the defining characteristics of a project is that it has a singular purpose,
i.e., an established ________.

objective

Projects have a defined objective—whether it is constructing a 12-story apartment


complex by January 1 or releasing version 2.0 of a specific software package as
quickly as possible.

AACSB: Reflective Thinking


Blooms: Understand
Larson - Chapter 01 #45
Learning Objective: What is a Project?
Level of Difficulty: 1 Easy

46. Because projects have a defined beginning and end, the ________ is frequently
used to manage the transitions of a project from start to completion.

project life cycle

The project life cycle typically passes sequentially through four stages: defining,
planning, executing, and delivering.

AACSB: Reflective Thinking


Blooms: Understand
Larson - Chapter 01 #46
Learning Objective: What is a Project?
Level of Difficulty: 3 Hard

47. The _____________ typically passes sequentially through four stages.

project life cycle

The project life cycle typically passes sequentially through four stages: defining,
planning, executing, and delivering.

AACSB: Reflective Thinking


Blooms: Remember
Larson - Chapter 01 #47
Learning Objective: What is a Project?
Level of Difficulty: 1 Easy

48. The establishment of project goals, specifications, and responsibilities usually


occurs in the ________ stage of the project life cycle.

defining

Specifications of the project are defined; project objectives are established; teams
are formed; major responsibilities are assigned during the defining stage of the
project life cycle.

AACSB: Reflective Thinking


Blooms: Understand
Larson - Chapter 01 #48
Learning Objective: What is a Project?
Level of Difficulty: 2 Medium

49. Training the customer, reassigning staff, and releasing resources occurs in the
________ stage of the project life cycle.

closing

The closing stage includes three activities: delivering the project product to the
customer, redeploying project resources, and post-project review. Delivery of the
project might include customer training and transferring documents.

AACSB: Reflective Thinking


Blooms: Understand
Larson - Chapter 01 #49
Learning Objective: What is a Project?
Level of Difficulty: 2 Medium

50. Project managers are expected to ensure that appropriate trade-offs are made
between the time, cost, and __________ requirements of the project.

performance

Project managers are ultimately responsible for performance (frequently with too
little authority). They must ensure that appropriate trade-offs are made between
the time, cost, and performance requirements of the project.

AACSB: Reflective Thinking


Blooms: Remember
Larson - Chapter 01 #50
Learning Objective: What is a Project?
Level of Difficulty: 2 Medium
51. An increase in the complexity of projects, because projects typically include the
latest advances, can be the result of a growth in new __________.

knowledge

The growth in new knowledge has increased the complexity of projects because
projects encompass the latest advances. Product complexity has increased the
need to integrate divergent technologies. Project management has emerged as an
important discipline for achieving this task.

AACSB: Reflective Thinking


Blooms: Understand
Larson - Chapter 01 #51
Learning Objective: Current Drivers of Project Management
Level of Difficulty: 2 Medium

52. A(n) _________ is a series of coordinated, related multiple projects that continue
over an extended time intended to achieve a goal.

program

A program is a group of related projects designed to accomplish a common goal


over an extended period of time.

AACSB: Reflective Thinking


Blooms: Remember
Larson - Chapter 01 #52
Learning Objective: What is a Project?
Level of Difficulty: 1 Easy

53. Applying a set of knowledge, skills, tools, and techniques to a collection of projects
in order to move the organization toward its strategic goals is known as project
____________.

governance

Project governance is designed to improve project management in the long haul


by applying a set of knowledge, skills, tools and techniques to a collection of
projects.

AACSB: Reflective Thinking


Blooms: Understand
Larson - Chapter 01 #53
Learning Objective: Project Governance
Level of Difficulty: 2 Medium
54. Because of the profitability motive, project management is nearly always limited
to the private sector.

FALSE

Project management is not limited to the private sector. Project management is


also a vehicle for doing good deeds and solving social problems.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #54
Learning Objective: What is a Project?
Level of Difficulty: 1 Easy

55. Most people who excel at managing projects never have the title of project
manager.

TRUE

They include accountants, lawyers, administrators, scientists, contractors,


teachers, etc.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #55
Learning Objective: What is a Project?
Level of Difficulty: 1 Easy

56. The professional certification for project managers is a Project Management


Professional (PMP).

TRUE

PMI provides certification as a Project Management Professional (PMP)—someone


who has documented sufficient project experience, agreed to follow the PMI code
of professional conduct, and demonstrated mastery of the field of project
management by passing a comprehensive examination. See Snapshot: The Project
Management Institute.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Remember
Larson - Chapter 01 #56
Learning Objective: What is a Project?
Level of Difficulty: 1 Easy
57. Because of its flexibility, project management is equally useful in ongoing, routine
work as well as unique, one-time projects.

FALSE

A project is not routine, repetitive work! Ordinary daily work typically requires
doing the same or similar work over and over, while a project is done only once; a
new product or service exists when the project is completed.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #57
Learning Objective: What is a Project?
Level of Difficulty: 2 Medium

58. One of the defining characteristics of project management is that the projects are
not confined to a single department but involve several departments and
professionals.

TRUE

One of the major characteristics is the involvement of several departments and


professionals.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #58
Learning Objective: What is a Project?
Level of Difficulty: 1 Easy

59. One of the characteristics that separate project management from other
endeavors of the organization is that there are specific time, cost, and
performance requirements.

TRUE

Major characteristics are specific time, cost, and performance requirements.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Remember
Larson - Chapter 01 #59
Learning Objective: What is a Project?
Level of Difficulty: 2 Medium
60. Not only is project management critical to many careers, the skill set is
transferable across most businesses and professions.

TRUE

At its core, project management fundamentals are universal.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #60
Learning Objective: What is a Project?
Level of Difficulty: 1 Easy

61. Since a construction company builds many buildings, the buildings built after the
first do not fit the definition of a project.

FALSE

All projects are nonroutine and have some unique elements. Not all buildings will
be built on the same space or use the same materials.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #61
Learning Objective: What is a Project?
Level of Difficulty: 2 Medium

62. The first stage in the project life cycle is the concept stage.

FALSE

The first stage is defining.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Remember
Larson - Chapter 01 #62
Learning Objective: What is a Project?
Level of Difficulty: 1 Easy

63. A major portion of the project work, both physical and mental, takes place during
the production stage of the project life cycle.

FALSE

A major portion of the project work, both physical and mental, is done in the
executing stage.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Remember
Larson - Chapter 01 #63
Learning Objective: What is a Project?
Level of Difficulty: 1 Easy

64. A program is a process designed to accomplish a common goal over time.

FALSE

A program is a group of related projects designed to accomplish a common goal


over an extended period of time.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #64
Learning Objective: What is a Project?
Level of Difficulty: 1 Easy

65. Because of the requirement for in-depth expertise, project management is


generally restricted to specialists.

FALSE

Unlike their functional counterparts, project managers generally possess only


rudimentary technical knowledge.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #65
Learning Objective: What is a Project?
Level of Difficulty: 1 Easy

66. Project governance means applying a set of knowledge, skills, tools, and
techniques to a collection of projects in order to move the organization toward its
strategic goals.

TRUE

Governance includes centralization of all project processes and practices to


improve project management.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #66
Learning Objective: Project Governance
Level of Difficulty: 1 Easy
67. One of the most significant driving forces behind the demand for project
management is the ever increasing lengthening of the product life cycle.

FALSE

One of the most significant driving forces behind the demand for project
management is the shortening of the product life cycle.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #67
Learning Objective: Current Drivers of Project Management
Level of Difficulty: 2 Medium

68. Project management appears to be ideally suited for a business environment


requiring accountability, flexibility, innovation and repeatability.

FALSE

Project management appears to be ideally suited for a business environment


requiring accountability, flexibility, innovation, speed and continuous
improvement.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #68
Learning Objective: Current Drivers of Project Management
Level of Difficulty: 1 Easy

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

TRUE

Project managers perform the same functions as other managers; however, what
makes them unique is that they also manage temporary, nonrepetitive activities to
complete a fixed life project.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #69
Learning Objective: What is a Project?
Level of Difficulty: 2 Medium
70. Strategic plans should be written by one group of managers, projects should be
selected by another group, and projects should be implemented by another
group.

FALSE

These independent decisions by different groups of managers create a set of


conditions leading to conflict, confusion, and frequently an unsatisfied customer.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #70
Learning Objective: Project Governance
Level of Difficulty: 2 Medium

71. Today, projects are the modus operandi or the method used for implementing
organizational strategy.

TRUE

Projects are how organizations implement strategy. This is why it is imperative


that the two are aligned.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #71
Learning Objective: Project Governance
Level of Difficulty: 1 Easy

72. Due to corporate downsizing, significant segments of project work have been
outsourced to other organizations.

TRUE

Corporate downsizing has also led to a change in the way organizations approach
projects. Companies outsource significant segments of project work, and project
managers have to manage not only their own people but also their counterparts in
different organizations.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #72
Learning Objective: Current Drivers of Project Management
Level of Difficulty: 1 Easy
73. Smaller projects in larger organizations tend not to need project management
skills.

FALSE

Many small projects can eat up the people resources of a firm and represent
hidden costs not measured in the accounting system. Organizations with many
small projects going on concurrently face the most difficult project management
problems.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #73
Learning Objective: Current Drivers of Project Management
Level of Difficulty: 2 Medium

74. Successful project managers focus primarily on technical dimensions of project


management, which include planning, scheduling, and controlling projects.

FALSE

Project managers must master both the technical and the sociocultural aspects of
project management in order to be successful.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #74
Learning Objective: Project Management Today-A Socio-Technical Approach
Level of Difficulty: 2 Medium

75. The sociocultural dimension of project management includes managing


relationships, motivating team members and negotiating project terms.

TRUE

The sociocultural dimension of project management includes managing


relationships, motivating team members and negotiating project terms. See Figure
1.3: The Socio-Technical Dimensions of the Project Management Process.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #75
Learning Objective: Project Management Today-A Socio-Technical Approach
Level of Difficulty: 1 Easy
76. Small business development is a major driver of project management.

FALSE

Compression of the product life cycle, knowledge explosion, triple bottom line,
corporate downsizing, increased customer focus, and small projects represent big
problems and are the major drivers of project management.

AACSB: Reflective Thinking


Accessibility: Keyboard Navigation
Blooms: Understand
Larson - Chapter 01 #76
Learning Objective: Current Drivers of Project Management
Level of Difficulty: 1 Easy

77. Compare and contrast the Product Life Cycle and the Project Life Cycle.

Answer will vary

Feedback: The Product Life Cycle deals with the time it takes to develop a product
and the time it remains in the marketplace. The Project Life Cycle is the stages
that a new product goes through while being developed.

AACSB: Analytic
Blooms: Analyze
Larson - Chapter 01 #77
Learning Objective: Current Drivers of Project Management
Level of Difficulty: 2 Medium

78. Identify the five major characteristics of a project.

Answer will vary

Feedback: (1) An established objective; (2) A defined life span with a beginning
and end; (3) Usually the involvement of several departments and professionals; (4)
Typically, doing something that has never been done before; (5) Specific time, cost
and performance requirements.

AACSB: Reflective Thinking


Blooms: Remember
Larson - Chapter 01 #78
Learning Objective: What is a Project?
Level of Difficulty: 2 Medium
79. Identify and briefly describe the four stages of the Project Life Cycle.

Answer will vary

Feedback: Defining stage: goals, specifications and objectives established;


Planning stage: schedules, budgets, risks management and resource assignment;
Executing stage: majority of physical and mental work, status reports, changes
and forecasts; Closing stage: train customer, transfer documents, release
resources, and lessons learned.

AACSB: Reflective Thinking


Blooms: Remember
Larson - Chapter 01 #79
Learning Objective: What is a Project?
Level of Difficulty: 1 Easy

80. "Project managers perform the same functions as other managers." Agree or
disagree, and support your decision.

Answer will vary

Feedback: Many of the same basic management functions are performed by


project managers; however, there are aspects of the project manager's job that
make it unique. For example, they manage temporary, nonrepetitive activities to
complete a fixed life project.

AACSB: Analytic
Blooms: Analyze
Larson - Chapter 01 #80
Learning Objective: What is a Project?
Level of Difficulty: 2 Medium

81. Identify and briefly describe the six current drivers of project management.

Answer will vary

Feedback: (1) Compression of the product life cycle; (2) Knowledge explosion; (3).
Triple bottom line; (4) Corporate downsizing; (5) Increased customer focus; (6)
Small projects represent big problems.

AACSB: Reflective Thinking


Blooms: Understand
Larson - Chapter 01 #81
Learning Objective: The Importance of Project Management
Level of Difficulty: 3 Hard
82. Describe what project governance means to project management. Why is it
important to organizational strategy?

Answer will vary

Feedback: Project governance means applying a set of knowledge, skills, tools and
techniques to a collection of projects in order to move the organization toward its
strategic goals.

AACSB: Analytic
Blooms: Understand
Larson - Chapter 01 #82
Learning Objective: Project Governance
Level of Difficulty: 3 Hard

83. Even if you never aspire to be a "project manager," why is it important to know
how to manage projects effectively? Explain your answer and use an example to
support your answer.

Answer will vary

Feedback: Even if you have no desire to be a project manager you may be a part
of a project team where you will have a better understanding of the processes
involved. In addition, there are many project management skills that can be
applied to other professions and industries.

AACSB: Analytic
Blooms: Apply
Larson - Chapter 01 #83
Learning Objective: What is a Project?
Level of Difficulty: 2 Medium

84. Identify and briefly discuss the two key dimensions of managing actual projects.
Explain why both are important to successfully manage a project. Use an example
to support your answer.

Answer will vary

Feedback: The technical includes schedules and status reports. The sociocultural
dimension includes leadership, problem solving and negotiation.

AACSB: Analytic
Blooms: Apply
Larson - Chapter 01 #84
Learning Objective: Project Management Today-A Socio-Technical Approach
Level of Difficulty: 2 Medium
85. What are the major differences between managing a process and managing a
project?

Answer will vary

Feedback: At first glance project managers perform the same functions as other
managers. That is, they plan, schedule, and control. However, what makes them
unique is that they manage temporary, non-repetitive activities to complete a
fixed life project.

AACSB: Reflective Thinking


Blooms: Understand
Larson - Chapter 01 #85
Learning Objective: What is a Project?
Level of Difficulty: 2 Medium

86. Describe what it means that a project manager must work with a diverse group of
characters?

Answer will vary

Feedback: Project managers manage the tension between customer expectations


and what is feasible and reasonable. They provide direction, coordination, and
integration to the project team. They often must work with a diverse group of
outsiders—vendors, suppliers, subcontractors—who do not necessarily share their
project allegiance.

AACSB: Analytic
Blooms: Analyze
Larson - Chapter 01 #86
Learning Objective: What is a Project?
Level of Difficulty: 2 Medium

87. What is the difference between a project and a program?

Answer will vary

Feedback: The terms are often used interchangeably in business; however, a


program is considered to be a series of coordinated, related, and multiple projects
that continue over an extended time intended to achieve a goal.

AACSB: Analytic
Blooms: Understand
Larson - Chapter 01 #87
Learning Objective: What is a Project?
Level of Difficulty: 2 Medium

88. Describe how corporate downsizing is a driver for project management.

Answer will vary

Feedback: In flatter and leaner organizations, project management is replacing


middle management as a way of ensuring that things get done. In addition, when
organizations outsource work, project managers can help manage not only their
own project team, but individuals tied to the project outside of the organization.

AACSB: Analytic
Blooms: Understand
Larson - Chapter 01 #88
Learning Objective: Current Drivers of Project Management
Level of Difficulty: 2 Medium
Chapter 1 Summary

Category # of Questions
AACSB: Analytic 8
AACSB: Reflective Thinking 80
Accessibility: Keyboard Navigation 53
Blooms: Analyze 3
Blooms: Apply 5
Blooms: Remember 17
Blooms: Understand 63
Larson - Chapter 01 88
Learning Objective: Current Drivers of Project Management 16
Learning Objective: Project Governance 10
Learning Objective: Project Management Today-A Socio-Technical A 10
pproach
Learning Objective: The Importance of Project Management 1
Learning Objective: What is a Project? 52
Level of Difficulty: 1 Easy 38
Level of Difficulty: 2 Medium 45
Level of Difficulty: 3 Hard 5

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