TEPM Ch.1 Quiz Bank

A(n) _________ is a series of coordinated, related multiple projects that continue over an extended time intended to achieve a goal. Program Portfolio Product family Folder Process

Program

Agile project management involves ____ whereas traditional project management involves _______. known and stable scope, unknown requirements projects with high predictability, project with unknown or unstable requirements high uncertainty, projects with unknown requirements iterative and incremental delivery, upfront planning with high predictability Goff high certainty, projects with unstable scope

iterative and incremental delivery, upfront planning with high predictability

Because projects have a defined beginning and end, the ________ is frequently used to manage the transitions of a project from start to completion. product life cycle completion life cycle transition life cycle project life cycle development life cycle

project life cycle

The product life cycle must be understood as totally different from the project life cycle. In today's high-tech industries the product life cycle is averaging _________ to 3 years. 9 months 1 year 18 months 3 months 6 months

6 months

Project Managers are Not timid All of these Able to multitask A direct link to the customer Ultimately responsible for performance

All of these

As the number of small projects increase within an organization's portfolio, what is a challenge an organization faces? Prioritizing projects Sharing resources Managing risk All of these are challenges Measuring efficiency

All of these are challenges

People who are part of the project team need to understand project management because they All of these are reasons it is important for project team members to understand project management. Work with others to create a schedule and budget. Need to understand the project charter or scope statement that defines the objectives and parameters of the project. Need to be able to monitor and report project progress. Need to understand project priorities so they can make independent decisions

All of these are reasons it is important for project team members to understand project management.

Which of the following is typically the responsibility of a project manager? Meeting performance specifications Meeting schedule requirements Meeting budget requirements All of these are typical responsibilities Coordinating the actions of the team members

All of these are typical responsibilities

A project life cycle is characterized as made up of stages. The final stage in the project life cycle is the __________ stage. Planning Conceptual Executing Closing Defining

Closing

In which stage of the project life cycle is the product of the project delivered to the customer and resources are released from the project Closing Planning Identifying Executing Defining

Closing

Training the customer, releasing staff and resources occurs in the ________ stage of project life cycle. Executing Closing Conceptual Defining Planning

Closing

In today's customer-focused organizations, the customer is recognized as the final authority of what constitutes quality. Nevertheless, customer tastes and feature preferences vary from customer to customer. Increased competition has placed a premium on customer satisfaction and the development of __________ products and services. Creative Customized Quality Unique Consistent

Customized

Which of the following is NOT one of the driving forces behind the increasing demand for project management? More sustainable business practices Declining need for product customization Compression of the product life cycle Increasing need for concurrent multi-project management Knowledge explosion

Declining need for product customization

Which of the following represents the correct order of stages within the project life cycle? Planning, Defining, Executing, Closing Planning, Defining, Closing, Executing Executing, Defining, Planning, Closing Closing, Planning, Defining, Executing Defining, Planning, Executing, Closing

Defining, Planning, Executing, Closing

Which of the following is a good example of a program? Taking notes each class meeting to prepare for the final Developing a new residential area that includes six custom homes Developing a new marketing plan Planting a garden Planning a wedding

Developing a new residential area that includes six custom homes

A project life cycle is characterized as made up of stages. A major part of the project work, both physical and mental, takes place in the ___________ stage of the project life cycle Defining Closing Planning Conceptual Executing

Executing

In which stage of the project life cycle are you more likely to find status reports, changes, and the creation of forecasts? Executing Identifying Planning Defining Closing

Executing

In which stage of the project life cycle is a major portion of the actual project work performed? Defining Planning Closing Identifying Executing

Executing

Which of the choices listed below is NOT considered to be a characteristic of a project? For internal use only An established objective Something never been done by a particular company before A clear beginning and end Specific time, cost and performance requirements

For internal use only

Which of the following is NOT one of the stages of a project life cycle? Executing Planning Identifying Defining Closing

Identifying

Which of the following is NOT true about project management? It is a set of tools. It improves one's ability to plan, implement and manage activities to accomplish specific organizational objectives. Many opportunities are available for individuals interested in this career path. It focuses primarily on technical processes. It is not limited to the private sector.

It focuses primarily on technical processes.

An increase in the complexity of projects, because projects typically include the latest advances, can be the result of a growth in new __________. Processes Products and services Products Services Knowledge

Knowledge

Project management is being driven by More projects being done in-house. Knowledge explosion and increased customer focus Elevated profit motive Knowledge explosion Increased customer focus

Knowledge explosion and increased customer focus

For companies of moderate-to-large size, it is not unusual to have hundreds of small projects ongoing concurrently. The advent of many small projects has created the need for an organization that can support __________ management. Concurrent Product Program Multi-project Portfolio

Multi-project

One of the defining characteristics of a project is that it has a singular purpose, i.e., an established ________. Goal Purpose Objective Mission Vision

Objective

Which of the following is NOT a reason why project management has become a standard way of doing business? Organizations are doing more project work in-house instead of outsourcing Organizations are executing more and more projects Increased need for skilled management of stakeholders outside of organization Increased product complexity and innovation Projects need to be done faster

Organizations are doing more project work in-house instead of outsourcing

Which of the following is NOT typical of a project manager? Managing a temporary activity Managing a non repetitive activity Overseeing existing operations Work with a group of outsiders, including vendors and suppliers Responsible for time, cost and performance trade-offs

Overseeing existing operations

Which of the following choices is a professional organization for project managers? IPM PMBOK AMA PMI MIS

PMI

Project managers are expected to ensure that appropriate trade-offs are made between the time, cost, and __________ requirements of the project. Specifications Quality Scope Performance Functional

Performance

In which stage of the project life cycle is the project's schedule and budget determined? Defining Closing Planning Executing Identifying

Planning

Traditional project management focuses on thorough planning up front. Such planning requires ____ A planning budget A planning schedule Predictability Thoroughness All of these are correct

Predictability

Project management is not limited to the __________ sector. Private Global Business and government Universal International

Private

Which of these is NOT part of the "technical dimension" of project management? Problem solving Schedules Status reports WBS Budgets

Problem solving

Which of the choices listed below is NOT considered a project? Developing a new software program Production of automobile tires Designing a space station Developing a new advertising program Preparing the site for the Olympic Games

Production of automobile tires

This first chapter introduced some of the most rudimentary aspects of the discipline, including definitions. A temporary endeavor undertaken to create a unique product, service, or result is a(n) _________. Activity Task All of these Project Undertaking

Project

A professional organization for project managers is the ___________. Project Management Institute PMI The Union of Project Professionals Organization for Project Managers and Professionals Institute for Project Managers Society for Project Professionals and Project Managers

Project Management Institute PMI

Life cycles are used to characterize how things change over time. The _____________ typically passes sequentially through four stages. Completion life cycle Development life cycle Product life cycle Transition life cycle Project life cycle

Project life cycle

Which of the following statements is true? Project management is increasingly contributing to achieving organizational strategies. Project management is a specialty that few organizations have access to. Project management is being used at a consistent percentage of a firm's efforts. Project management is far from a standard way of doing business. All of these statements are false

Project management is increasingly contributing to achieving organizational strategies.

Project management is ideally suited for a business environment requiring all of the following EXCEPT Speed Accountability Repeatability Innovation Flexibility

Repeatability

A project does not include Developing a new process Repetitive, same or similar work A specific objective Creating a new product or service Unique elements

Repetitive, same or similar work

Which of these is NOT part of the "sociocultural dimension" of project management? Resource allocation Negotiation Leadership Dealing with politics Managing customer expectations

Resource allocation

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? Sociocultural Technical Social Communication Scheduling

Sociocultural

Project managers employ lots of useful tools, many supported by software. WBS, schedules, and budgets are tools taken from the _________ dimension of the project management process Planning Technical Soft skills Sociocultural Tools

Technical

The two dimensions within project management processes are Established and new Technical and sociocultural Planned and unexpected Unique and reoccurring Cost and time

Technical and sociocultural

Projects with high predictability are said to have ____ Unknown or unstable requirements Unknown or unstable scope Iterative and incremental delivery The best circumstances for use of traditional project management The best circumstances for use of agile project management

The best circumstances for use of traditional project management

Which of the following activities is the best example of a project? Producing automobiles Overseeing customer requests Writing a policy manual Monitoring product quality Processing insurance claims

Writing a policy manual

When the project scope and/or technology are not fully known or stable, the best choice of method for such projects is traditional project management. budget-driven project management. plan-driven project management. agile-driven project management. schedule-driven project management.

agile-driven project management.

Project Management is a style that places a premium on ________ building relationships and including a diverse set of talent. building relationships. extensive testing only. maintenance operations. including a diverse set of talent

building relationships and including a diverse set of talent.

A project life cycle will only ever consist of four phases. must be dogmatically followed. can vary based on the industry will always have a phase called 'visioning' reduces the amount of planning necessary

can vary based on the industry

A project life cycle is characterized as made up of stages. The initial stage in the project life cycle is the __________ stage. closing conceptual planning defining executing

defining

The establishment of project goals, specifications, and responsibilities usually occurs in the ________ stage of project life cycle. executing conceptual closing defining planning

defining

Agile PM is appropriate when _______. the processes to be used are well known projects of this type have been done many times before the technology to be used is well known project scope is unknown or unstable the project scope is well known

project scope is unknown or unstable

Project managers must have many competencies, among them leadership, teamwork and negotiation. Leadership, teamwork, and negotiation are examples of the _________ dimension of the project management process. sociocultural soft skills tools technical planning

sociocultural

Iterative and incremental delivery means ______. the components or features of the project product or service are delivered one at a time throughout the duration of the project the project uses the traditional method of project management the project documentation is completed and delivered after each milestone product functionality is delivered all at once at the end of the project the entire project product or service is delivered all at once at the end of the project

the components or features of the project product or service are delivered one at a time throughout the duration of the project