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Project Management Quiz Guide

The document is a quiz for a project management course consisting of 20 multiple choice questions. It provides information on the quiz such as the due date, number of questions, time limit, and allowed attempts. It then lists the first 7 questions of the quiz along with the multiple choice answers and explanations for the correct answers.
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0% found this document useful (0 votes)
336 views16 pages

Project Management Quiz Guide

The document is a quiz for a project management course consisting of 20 multiple choice questions. It provides information on the quiz such as the due date, number of questions, time limit, and allowed attempts. It then lists the first 7 questions of the quiz along with the multiple choice answers and explanations for the correct answers.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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8/31/2021 Module 1: Practice Quiz 1: BMA_4102 : Project Management

Module 1: Practice Quiz 1


Due
No due date
Points
20
Questions
20
Time Limit
60 Minutes
Allowed Attempts
3

Take the Quiz Again

Attempt History
Attempt Time Score
LATEST Attempt 1
24 minutes 17 out of 20


Correct answers are hidden.

Submitted Aug 26 at 11:11am

Question 1 1
/ 1 pts

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.

 
quality

 
unique

 
consistent

 
customized

 
creative

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8/31/2021 Module 1: Practice Quiz 1: BMA_4102 : Project Management

Customers want customized products and services that cater to


their specific needs.

Customers want customized products and services that cater to


their specific needs.

Question 2 1
/ 1 pts

Which of the following is NOT a reason why project management has


become a standard way of doing business?

 
Projects need to be done faster.

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

 
Increased product complexity and innovation.

 
Increased need for skilled management of stakeholders outside of
organization.

 
Organizations are executing more and more projects.

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8/31/2021 Module 1: Practice Quiz 1: BMA_4102 : Project Management

One of the most significant driving forces behind the demand for
project management is corporate downsizing. This has also led to
a change in the way organizations approach projects. Companies
outsource significant segments of project work, and project
managers have to manage not only their own people but also their
counterparts in different organizations.

One of the most significant driving forces behind the demand for
project management is corporate downsizing. This has also led to
a change in the way organizations approach projects. Companies
outsource significant segments of project work, and project
managers have to manage not only their own people but also their
counterparts in different organizations.

Question 3 1
/ 1 pts

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

 
3 months

 
6 months

 
18 months

 
1 year

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8/31/2021 Module 1: Practice Quiz 1: BMA_4102 : Project Management

Today in high-tech industries the product life cycle is averaging 6


months to 3 years. Only 30 years ago, life cycles of 10 to 15 years
were not uncommon.

Today in high-tech industries the product life cycle is averaging 6


months to 3 years. Only 30 years ago, life cycles of 10 to 15 years
were not uncommon.

Question 4 1
/ 1 pts

Project management is not limited to the __________ sector.

 
global

 
private

 
business and government

 
international

 
universal

Project management is also a vehicle for doing good deeds and


solving social problems.

Project management is also a vehicle for doing good deeds and


solving social problems.

Question 5 1
/ 1 pts

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8/31/2021 Module 1: Practice Quiz 1: BMA_4102 : Project Management

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.

 
conceptual

 
defining

 
planning

 
executing

 
closing

A major portion of the project work—both physical and mental—


takes place during the executing stage of project life cycle.

A major portion of the project work—both physical and mental—


takes place during the executing stage of project life cycle.

Question 6 1
/ 1 pts

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.

 
Need to understand project priorities so they can make independent
decisions.

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8/31/2021 Module 1: Practice Quiz 1: BMA_4102 : Project Management

 
Need to be able to monitor and report project progress.

 
Need to understand the project charter or scope statement that defines the
objectives and parameters of the project.

 
Work with others to create a schedule and budget.

Project members are expected to use project management tools


and concepts such as working as a team to create a budget or
schedule and be able to monitor project progress. They also need
to be able to understand project priorities and parameters.

Project members are expected to use project management tools


and concepts such as working as a team to create a budget or
schedule and be able to monitor project progress. They also need
to be able to understand project priorities and parameters.

Question 7 1
/ 1 pts

Agile PM is appropriate when _______.

 
the processes to be used are well known

 
the project scope is 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

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8/31/2021 Module 1: Practice Quiz 1: BMA_4102 : Project Management

Agile PM is appropriate when the project scope is unknown or


unstable or when the technology to be applied is unknown or some
combination of these.

Agile PM is appropriate when the project scope is unknown or


unstable or when the technology to be applied is unknown or some
combination of these.

Question 8 1
/ 1 pts

Which of the following is typically the responsibility of a project manager?

 
Coordinating the actions of the team members

 
Meeting schedule requirements

 
All of these are typical responsibilities

 
Meeting budget requirements

 
Meeting performance specifications

Project managers must ensure that appropriate trade-offs are


made between the time, cost, and performance requirements of
the project.

Project managers must ensure that appropriate trade-offs are


made between the time, cost, and performance requirements of
the project.

Question 9 1
/ 1 pts
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8/31/2021 Module 1: Practice Quiz 1: BMA_4102 : Project Management

A series of coordinated, related, multiple projects that continue over an


extended time period and are intended to achieve a goal is known as a

 
Program.

 
Crusade.

 
Strategy.

 
Campaign.

 
Venture.

A program is a group of related projects designed to accomplish a


common goal over an extended period of time.

A program is a group of related projects designed to accomplish a


common goal over an extended period of time.

Question 10 1
/ 1 pts

Which of these is NOT part of the "sociocultural dimension" of project


management?

 
Dealing with politics

 
Resource allocation

 
Negotiation

 
Managing customer expectations

 
Leadership

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8/31/2021 Module 1: Practice Quiz 1: BMA_4102 : Project Management

The sociocultural dimension includes negotiation, managing


customer expectations, leadership and dealing with politics.
Resource allocation is part of the technical dimension of project
management.

The sociocultural dimension includes negotiation, managing


customer expectations, leadership and dealing with politics.
Resource allocation is part of the technical dimension of project
management.

Incorrect
Question 11 0
/ 1 pts

A project life cycle

 
can vary based on the industry.

 
reduces the amount of planning necessary.

 
must be dogmatically followed.

 
will only ever consist of four phases.

 
will always have a phase called ‘visioning’.

It is very probable that even different organizations within the same


industry may have slightly different approaches to a type of project
that may allow a competitive advantage.

It is very probable that even different organizations within the same


industry may have slightly different approaches to a type of project
that may allow a competitive advantage.

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8/31/2021 Module 1: Practice Quiz 1: BMA_4102 : Project Management

Question 12 1
/ 1 pts

Which of the following is NOT one of the driving forces behind the
increasing demand for project management?

 
Declining need for product customization

 
Compression of the product life cycle

 
Knowledge explosion

 
More sustainable business practices

 
Increasing need for concurrent multi-project management

An increase in need for product customization is a driving force


behind the increasing demand for project management.

An increase in need for product customization is a driving force


behind the increasing demand for project management.

Question 13 1
/ 1 pts

Project management is being driven by

 
elevated profit motive.

 
increased customer focus.

 
more projects being done in-house.

 
knowledge explosion.

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8/31/2021 Module 1: Practice Quiz 1: BMA_4102 : Project Management

 
knowledge explosion and increased customer focus.

Due to the amount of information available and the subsequent


ability for a customer to synthesize that information into
knowledge, the successful organization will focus their project
efforts based on feedback from their customer base.

Due to the amount of information available and the subsequent


ability for a customer to synthesize that information into
knowledge, the successful organization will focus their project
efforts based on feedback from their customer base.

Question 14 1
/ 1 pts

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?

 
Executing

 
Closing

 
Identifying

 
Planning

 
Defining

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8/31/2021 Module 1: Practice Quiz 1: BMA_4102 : Project Management

The product is delivered and project resources are reassigned in


the closing stage of the project life cycle.

The product is delivered and project resources are reassigned in


the closing stage of the project life cycle.

Question 15 1
/ 1 pts

As the number of small projects increase within an organization's


portfolio, what is a challenge an organization faces?

 
Managing risk

 
All of these are challenges

 
Prioritizing projects

 
Measuring efficiency

 
Sharing resources

Many firms have no idea of the problems that can result from
inefficient management of small projects. These include sharing
resources, measuring efficiency, managing risk and being able to
prioritize projects.

Many firms have no idea of the problems that can result from
inefficient management of small projects. These include sharing
resources, measuring efficiency, managing risk and being able to
prioritize projects.

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8/31/2021 Module 1: Practice Quiz 1: BMA_4102 : Project Management

Question 16 1
/ 1 pts

Like many other professions such as accounting, marketing and finance,


there is a professional organization for project managers. One
professional organization for project managers has grown from 93,000 in
2002 to more than 565,000 currently and is the ___________.

 
Society for Project Professionals and Project Managers

 
Organization for Project Managers and Professionals

 
Institute for Project Managers

 
The Union of Project Professionals

 
Project Management Institute (PMI)

The Project Management Institute (PMI) is a professional


organization for project managers.

The Project Management Institute (PMI) is a professional


organization for project managers.

Question 17 1
/ 1 pts

One of the defining characteristics of a project is that it has a singular


purpose, i.e., an established ________.

 
objective

 
mission

 
purpose

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8/31/2021 Module 1: Practice Quiz 1: BMA_4102 : Project Management

 
vision

 
goal

Projects have a defined objective—whether it is constructing a 12-


story apartment complex by January 1 or releasing version 2.0 of a
specific software package as quickly as possible.

Projects have a defined objective—whether it is constructing a 12-


story apartment complex by January 1 or releasing version 2.0 of a
specific software package as quickly as possible.

Incorrect
Question 18 0
/ 1 pts

Traditional project management focuses on thorough planning up front.


Such planning requires ____.

 
thoroughness

 
All of these alternatives are correct

 
predictability

 
a planning budget

 
a planning schedule

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8/31/2021 Module 1: Practice Quiz 1: BMA_4102 : Project Management

To plan the entire project from beginning to end requires


predictability, meaning that the tasks and their durations are known
with near certainty. Predictability means the scope (requirements)
are known and stable; the technology to be used is well-known
and understood.

To plan the entire project from beginning to end requires


predictability, meaning that the tasks and their durations are known
with near certainty. Predictability means the scope (requirements)
are known and stable; the technology to be used is well-known
and understood.

Question 19 1
/ 1 pts

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) _________.

 
undertaking

 
All of these.

 
activity

 
task

 
project

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8/31/2021 Module 1: Practice Quiz 1: BMA_4102 : Project Management

As defined by the PMI, a project is a temporary endeavor


undertaken to create a unique product, service or result.

As defined by the PMI, a project is a temporary endeavor


undertaken to create a unique product, service or result.

Incorrect Question 20 0
/ 1 pts

A project life cycle is characterized as made up of stages. The initial stage


in the project life cycle is the __________ stage.

 
conceptual

 
executing

 
closing

 
planning

 
defining

Specifications of the project are defined; project objectives are


established; teams are formed; major responsibilities are assigned
in the defining stage of project life cycle.

Specifications of the project are defined; project objectives are


established; teams are formed; major responsibilities are assigned
in the defining stage of project life cycle.

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