Project Management: The Managerial Process 8th Edition by Erik Larson Test bank
TF Qu. 60
(Static) The
Project
Management
Institute...
Learning Objective:
01-01 Understand
why project
management (PM) is
crucial in today's
world.
61.
Award: 10.00 points
TF Qu. 61 (Static) Project management is equally...
Project management is equally useful in ongoing, routine work as well as unique, one-time
initiatives, because of its flexibility.
True
False
A project is not routine, repetitive work! Ordinary daily work typically requires doing the same or
similar work over and over, while a project is done only once; a new product or service exists when
the project is completed.
References
True / False Difficulty: 2 Medium
TF Qu. 61 (Static)
Project
management is
equally...
Learning Objective:
01-02 Distinguish a
project from routine
operations.
62.
Award: 10.00 points
TF Qu. 62 (Static) The fact that projects are not...
The fact that projects are not confined to a single department but may involve several departments
and professionals is a defining characteristic of projects.
True
False
One of the major characteristics is the involvement of several departments and professionals.
References
True / False Difficulty: 2 Medium
TF Qu. 62
(Static) The fact
that projects are
not...
Learning Objective:
01-02 Distinguish a
project from routine
operations.
63.
Award: 10.00 points
TF Qu. 63 (Static) Specific time, cost, and...
Specific time, cost, and performance requirements are among the characteristics that separate
project management from other endeavors of the organization.
True
False
Major characteristics are specific time, cost, and performance requirements.
References
True / False Difficulty: 1 Easy
TF Qu. 63
(Static) Specific
time, cost, and...
Learning Objective:
01-02 Distinguish a
project from routine
operations.
64.
Award: 10.00 points
TF Qu. 64 (Static) Project management is a skill...
Project management is a skill set that is transferable across most businesses and professions and is
critical to many careers.
True
False
At its core, project management fundamentals are universal.
References
True / False Difficulty: 2 Medium
TF Qu. 64
(Static) Project
management is
a skill...
Learning Objective:
01-01 Understand
why project
management (PM) is
crucial in today's
world.
65.
Award: 10.00 points
TF Qu. 65 (Static) For construction companies that...
For construction companies that build many buildings, all buildings built after the first do not fit the
definition of a project.
True
False
All projects are non-routine and have some unique elements. Not all buildings will be built on the
same space or use the same materials.
References
True / False Difficulty: 2 Medium
TF Qu. 65
(Static) For
construction
companies
that...
Learning Objective:
01-02 Distinguish a
project from routine
operations.
66.
Award: 10.00 points
TF Qu. 66 (Static) As specified in a project life...
As specified in a project life cycle, the first stage in the life cycle of a project is the concept stage.
True
False
The first stage is defining.
References
True / False Difficulty: 1 Easy
TF Qu. 66
(Static) As
specified in a
project life...
Learning Objective:
01-03 Identify the
different stages of a
project life cycle.
67.
Award: 10.00 points
TF Qu. 67 (Static) Programs are processes...
Programs are processes designed to accomplish goals that are common to a program over time.
True
False
A program is a group of related projects designed to accomplish a common goal over an extended
period of time.
References
True / False Difficulty: 2 Medium
TF Qu. 67
(Static)
Programs are
processes...
Learning Objective:
01-02 Distinguish a
project from routine
operations.
68.
Award: 10.00 points
TF Qu. 68 (Static) Project management is generally...
Project management is generally restricted to specialists because of the requirement for in-depth
expertise.
True
False
Unlike their functional counterparts, project managers generally possess only rudimentary technical
knowledge.
References
True / False Difficulty: 2 Medium
TF Qu. 68
(Static) Project
management is
generally...