Principles of Management Test 1

Trevor needs to determine the procedures that he needs to follow for a specific project work activity. Trevor can locate that information in the

work breakdown structure dictionary.

One of the functions of managerial control involves comparing the results of various business activities with the

established goals.

The primary purpose of developing a work breakdown structure (WBS) for complex projects is to

organize the work in a logical sequence.

A furniture store manager who helps an employee decide when and where products should be delivered performs which management function?

Directing

What management function involves motivating and encouraging an employee?

Directing

Which of the following is an activity performed during the planning phase of a project:

Budget Development

Quarterly, each of the international vice presidents of Smith & Webber completes the company's scorecard and submits it to the president of the company. The scorecard tracks sales, profit, advertising expenses, and other key information. The scorecard is a tool for which of the following management functions:

Control

What is the management activity that involves comparing what was planned with what actually happened?

Control

What is an important element of all businesses that managers must control?

Finances

Question that should be answered when developing the "lessons learned" document:

How can we improve?

What is an important question that a manager must consider when hiring a new employee?

How will the company compensate this worker?

After the new video game "Rocket Bunny" arrived on store shelves, the team that created it had a meeting to talk about the project. They discussed the project's slow start and how they could have done it better. They also talked about using a wiki to communicate and how they will use wikis again in future projects. The Rocket Bunny team is engaging in a

Lessons learned meeting

What directing activity involves rewarding employees with positive feedback and monetary incentives?

Motivating

Which of the following should effective managerial planning do:

Reduce uncertainty

To control various business activities in an effective manner, managers must first

Set appropriate standards

Which of the following are characteristics of tactical planning:

Short-range and specific

Disadvantage of a narrow span of management:

Slower communication process

Why is it important to define your project precisely?

So you can achieve your objectives

Burkhart Manufacturing is implementing a new, company-wide computer system. Nadine is in the process of identifying the skills that will be needed to manage the information and maintain the various software applications. What function of management is Nadine focusing on?

Staffing

Main purpose of management:

To accomplish the business's goals

What is the primary purpose of developing a post-implementation review during the closure phase of a project?

To determine if the deliverables achieved project goals

Why is it important to think ahead about how you will monitor your project?

To make sure the project's quality doesn't suffer

In management, a primary organizing activity is

assigning responsibility.

During what phase of the project does the project manager release the project's equipment, supplies, and team members?

closing

Activity performed during the close-out phase of a project:

documenting results

Which of the following is an internal factor that impacts management:

the company culture