Chapter 1 Project Management

Which of the following questions reflect the strategic goals of project portfolio management

Are we investing in the right areas

A critical path

Determines the earliest completion date of a project.

Which of the following tools can best help in efficient communication management

Kick-off meetings

Which of the following best defines the role of leaders

They inspire people to reach goals

In which of the following areas of management is payback analysis most likely to be used

Cost

Which of the following refers to a set of principles that guides decision making based on personal values of what is considered right and wrong

Ethics

A difference between operations and projects is that operations end when their objectives have been reached, whereas projects do not

False

Effective program managers recognize that managing a project is much more complex than managing a program

False

Project procurement management primarily involves identifying stakeholder needs while managing their engagement throughout the life of the project

False

Questions about how a team will track schedule performance is related to a project's scope

False

Responsibility assignment matrices and project organizational charts are examples of tools used in procurement management

False

Enterprise project management softwares are also known as _____ tools of project management software

High-End

Team building exercises and motivation techniques are tools used in _____ management

Human Resource

Which of the following statements is true of project management

It does not guarantee successes for all projects

Which of the following project management knowledge areas primarily involve generating, collecting, disseminating, and storing project information

Project communication management

Martha works as a project manager at a bank. Due to certain changes in external factors, Martha needs to make a few alterations in the tactical goals of her project. In such a scenario, which of the following will best help Martha cope with the change

Project environment knowledge

Which of the following is true of program managers

They provide leadership and direction for project managers heading the projects within a program.

Program Managers are change agents

True

Project managers work with the project sponsors to define success for particular projects

True

Until the 1980s, project management primarily focused on providing schedule and resource data to top management in the military, computer, and construction industries

True