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
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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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