Project Management Chapter 1

Low-end

.____________________ project management software tools provide basic project management features and generally cost less than $200 per user.

Project

A ________ is a temporary endeavor undertain to create a unique product, service, or result.

Leadership

A popular study found that effective project managers provide ____________________ by example, and are visionary, technically competent, decisive, good communicators, and good motivators.

True

A project has a definite beginning and a definite end.

True

A tool or technique is much more than a software package.

Program

A(n) ____________________ is "a group of related projects managed in a coordinated way to obtain benefits and control not available from managing them individually." Program

Project

A(n) ____________________ is "a temporary endeavor undertaken to create a unique product, service, or result."

One-half

According to a study by Pricewaterhouse Coopers, approximately what percentage of projects fail?

True

All midrange project management software tools can produce Gantt charts and network diagrams.

25%

Approximately what percentage of the world's gross domestic product is spent on projects

639,237

By the end of December, 2014 there were ____ certified project management professionals.

Ethical

Conducting work in a(n) ____ manner helps the profession earn the confidence of the public, employers, employees, and project team members.

True

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

Leader

Generally, a(n) ____________________ focuses on long-term goals and big-picture objectives while inspiring people to reach those goals.

Portfolio

In addition to project management, organizations are embracing program and ____________________ management to address enterprise-level needs.

True

Making ethical decisions is an important part of our personal and professional lives because it generates trust and respect with other people.

False

Most organizations claim that project management delivers higher profit margins at the expense of worker morale.

True

Most projects introduce changes in organizations and involve changes within the projects themselves.

enterprise

One category of project management software is high-end tools, sometimes referred to as ____________________ project management software.

quadruple constraint

Other people focus on the "____________________" of project management which adds quality along with scope, time, and cost.

Project Management Professional

PMI provides certification as a(n) ____________________—someone who has documented sufficient project experience and education, agreed to follow the code of ethics and professional conduct, and demonstrated knowledge of the field of project management by passing a comprehensive examination.

False

Portfolio managers are required to have previous experience as project or program managers.

Microsoft ____________________ is still the most widely used project management software today.

Project

stakeholder

Project ____________________management is newest or the tenth knowledge area.

knowledge

Project management ____________________ areas describe the key competencies that project managers must develop.

False

Project managers do not require a changing mix of skills and competencies depending on the project being delivered.

True

Project managers must focus on people skills to be effective.

strategic, tactical

Project portfolio management addresses _______________ goals of an organization, while project management addresses _______________ goals.

False

Projects typically finish according to the discrete scope, time, and cost goals originally set.

Program

Several individual housing projects done in the same area by the same firm might best be managed as part of a _______________.

False

Stakeholders are most often characterized as having uniform needs and expectations.

False

Strategic goals are generally more specific and short-term than tactical goals.

True

Students can join PMI at a reduced fee and earn the CAPM credential without work experience.

False

The concepts and tools of project, program, and portfolio management are only implemented within the computer industry located in the United States.

True

The project management framework includes five process groups and ten knowledge areas.

Sponsor

The project manager should be communicating with the ____________________ throughout the project to make sure the project meets her expectations.

False

The targets for scope, time, and cost are defined in the middle of a project.

Constraint

The triple ____________________ placed on every project consists of scope, time, and cost goals.

In the past, project management primarily focused on providing schedule and resource data to top management in the military and construction industries.

True

Project Management Professional (PMP)

What is the certification program called that the Project Management Institute provides?

Are projects on time and on budget

Which of the following questions would not be addressed by project portfolio management but by project management?

- Students can not join PMI for a reduced fee. - You cannot earn the Certified Associate in Project Management (CAPM) without having work experience. *** The need for project managers is evident in recent studies and job postings - You must pay a fee to use Microsoft Project 2013, BaseCamp, and MindView Business Software with this text.

Which of the following statements is true?

High-end tools

___ provide robust capabilities to handle very large projects, dispersed work groups, and enterprise functions that summarize and combine individual project information to provide project portfolio management information.

Basecamp

_________ is a totally web-based tool with no download required.

MindView Business

__________ is a totally online project management tool that does not require Windows.

Project management

_______________ is the application of knowledge, skills, tools and techniques to project activities to meet project requirements.

Stakeholders

____________________ are the people involved in or affected by project activities and include the project sponsor, project team, support staff, customers, users, suppliers, and even opponents to the project.

Basecamp

____________________ is the name of a totally web-based project management tool described in Appendix B of the text.

Project

____________________ management is "the application of knowledge, skills, tools, and techniques to project activities to meet project requirements."

Ethics

____________________, loosely defined, is a set of principles that guide our decision making based on personal values of what is "right" and "wrong."

The CHAOS studies defined project success based on __________________.

meeting scope, time, and cost goals