BUS 517 Midterm Exam – Strayer New
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Midterm Exam, Part 2: Chapters
4-5 and Chapter 15
ch1
Student:
___________________________________________________________________________
1. The
advent of project management has been most profound in
A. Automobile
manufacturing
B. Construction
C. Information technology
D. The
U.S. Department of Defense
E. Film making
2. A
professional organization for project management specialists is
the
A. PMI
B. AMA
C. MIS
D. IPM
E. PMBOK
3. 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. Complex tasks
D. Only for internal use
E. Never been done
before
4. 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
5. From
among the following activities, which is the best example of a
project?
A. Processing insurance claims
B. Producing
automobiles
C. Writing a term paper
D. Completing a college
degree
E. All of these are good examples of projects
6. Which
of the following constraints is not typically found in managing
projects?
A. Time
B. People
C. Cost
D. Performance
E. Both
B and D are not typical constraints
7. Which
of the following choices is not one of the stages of a project life
cycle?
A. Conceptualizing
B. Defining
C. Planning
D. Executing
E. Delivering
8. In
which of the following stages are project objectives established, teams formed,
and major responsibilities
assigned?
A. Conceptualizing
B. Defining
C. Planning
D. Executing
E. Delivering
9. In
which of the following stages is a major portion of the physical and mental project
work
performed?
A. Conceptualizing
B. Defining
C. Planning
D. Executing
E. Delivering
10. In
which of the following stages are you more likely to find status reports, many
changes, and the creation of
forecasts?
A. Conceptualizing
B. Defining
C. Planning
D. Executing
E. Delivering
11. Which
of the following characteristics is not typical of a project
manager?
A. Managing a temporary activity
B. Possesses in-depth
technical knowledge
C. Managing a non-repetitive activity
D. Manages
independently of the formal organization
E. Provides a direct link to the
customer
12. Which
of the following choices 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. Development of third world and closed
economies
D. More emphasis on the product and less on the
customer
E. Corporate downsizing
13. Which
of the following statements is true?
A. Project management is
becoming 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. Both A and B are true
E. A, B, and C are all
true
14. Project
management is ideally suited for a business environment requiring all of the
following
except
A. Accountability
B. Flexibility
C. Innovation
D. Speed
E. Repeatability
15. Which
of the following is the number one characteristic that is looked for in
management candidates?
A. Overall intelligence
B. Works well
with others
C. Experience
D. Past successes
E. Good references
16. A
common rule of thumb in the world of high-tech product development is that a
six-month project delay can result in a loss of product revenue share of ___
percent. The waste on failed projects and cost overruns is estimated in the
neighborhood of
A. 10
B. 20
C. 33
D. 45
E. 50
17. The
waste on failed projects and cost overruns is estimated in the neighborhood
of
A. Under $100 Million
B. Over $150 Billon
C. Under $10
Billion
D. Between $90-$100 Billion
E. Between $125-$135 Billion
18. Which
of the following is the first step in developing a set of strategies designed
to best meet the needs of customers?
A. Market
Research
B. Define the Integrated Project Management
System
C. Environmental Analysis
D. Project Selection
E. All of
the above are correct
19. Integration
of project management with the organization takes place with
the
A. Master budget
B. Strategy plan
C. Process of
managing actual projects
D. Both b and c are correct
E. A, B, and C
are all correct
20. 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
21. Which
of these is not part of the "technical dimension" of project
management?
A. WBS
B. Budgets
C. Problem
solving
D. Schedules
E. Status reports
22. Which
of these is not part of the "sociocultural dimension" of project
management?
A. Negotiation
B. Resource
allocation
C. Customer expectations
D. Leadership
E. Politics
23. 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
24. The
importance of project management has increased due to
A. The
movement of manufacturing operations out of the U.S
B. Time to
market
C. The movement toward flatter and leaner
organizations
D. Both a and b are true
E. A, B, and C are all true
25. Which
of the following is not typically the responsibility of a project
manger?
A. Meeting budget requirements
B. Meeting schedule
requirements
C. Meeting performance specifications
D. Coordinates the
actions of the team members
E. All of these are typical responsibilities
26. A
series of coordinated, related, multiple projects that continue over extended
time intended to achieve a goal is known as
a
A. Strategy
B. Program
C. Campaign
D. Crusade
E. Venture
27. In
which of the following stages is it determined what the project will entail,
when it will be scheduled, whom it will benefit, and what the budget will
be?
A. Conceptualizing
B. Defining
C. Planning
D. Executing
E. Delivering
28. Competing
in a global market is influenced by
A. Rapid
change
B. Innovation
C. Time to market
D. Politics
E. A, B,
and C are all true
29. Integration
of all project processes and practices to improve Project Management is due
to
A. Centralization
B. Environmental analysis
C. Customer
Expectations
D. Project management system
E. The organization's
environment and culture
30. From
1994 to 2009 the trend for projects late or over budget
was:
A. Significantly better
B. Slightly better
C. About
the same
D. Slightly worse
E. Significantly worse
31. Like
most organizational effort, the major goal of a project is to
__________.
________________________________________
32. The
initial stage in the Project Life Cycle is the __________ stage.
________________________________________
33. The
final stage in the Project Life Cycle is the __________
stage.
________________________________________
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