Project Management: The Managerial Process 8th Edition by Erik Larson Test bank

dealing with politics. Resource allocation is part of the technical dimension of project management.
References
Multiple Choice Difficulty: 2 Medium
MC Qu. 19
(Static) Which of
these is NOT
part...
Learning Objective:
01-05 Understand
that managing
projects involves
balancing the
technical and
sociocultural
dimensions of the
project.

 



 20.
Award: 10.00 points
MC Qu. 20 (Static) Which of the following is NOT...
Which of the following is NOT a reason why project management has become a standard way of
doing business?
Increased need for skilled management of stakeholders outside of organization.
Projects need to be done faster.
Organizations are doing more project work in-house instead of outsourcing.
Organizations are executing more and more projects.
Increased product complexity and innovation.
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.
References
Multiple Choice Difficulty: 2 Medium
MC Qu. 20
(Static) Which of
the following is
NOT...
Learning Objective:
01-02 Distinguish a
project from routine
operations.


 


 21.
Award: 10.00 points
MC Qu. 21 (Static) Which of the following is typically...
Which of the following is typically the responsibility of a project manager?
Meeting budget requirements
Meeting schedule requirements
Meeting performance specifications
Coordinating the actions of the team members
All of these are typical responsibilities
Project managers must ensure that appropriate trade-offs are made between the time, cost, and
performance requirements of the project.
References
Multiple Choice Difficulty: 2 Medium
MC Qu. 21
(Static) Which of
the following is
typically...
Learning Objective:
01-02 Distinguish a
project from routine
operations.




 
 22.
Award: 10.00 points
MC Qu. 22 (Static) A series of coordinated, related, multiple...
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
Strategy.
Program.
Campaign.
Crusade.
Venture.
A program is a group of related projects designed to accomplish a common goal over an extended
period of time.
References
Multiple Choice Difficulty: 1 Easy
MC Qu. 22
(Static) A series
of coordinated,
related,
multiple...
Learning Objective:
01-02 Distinguish a
project from routine
operations.

 



 23.
Award: 10.00 points
MC Qu. 23 (Static) Which of the following is NOT...
Which of the following is NOT true about project management?
It is not limited to the private sector.
Many opportunities are available for individuals interested in this career path.
It improves one's ability to plan, implement and manage activities to accomplish specific
organizational objectives.
It focuses primarily on technical processes.
It is a set of tools.
Project management is more than a set of tools; it also focuses on building collaborative
relationships among a diverse cast of individuals.
References
Multiple Choice Difficulty: 2 Medium
MC Qu. 23
(Static) Which of
the following is
NOT...
Learning Objective:
01-05 Understand
that managing
projects involves
balancing the
technical and
sociocultural
dimensions of the
project.



 

 24.
Award: 10.00 points
MC Qu. 24 (Static) As the number of small projects...
As the number of small projects increase within an organization's portfolio, what is a challenge an
organization faces?
Sharing resources
Measuring efficiency
Managing risk
Prioritizing projects
All of these are challenges
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.
References
Multiple Choice Difficulty: 3 Hard
MC Qu. 24
(Static) As the
number of small
projects...
Learning Objective:
01-03 Identify the
different stages of a