Project Management: The Managerial Process 8th Edition by Erik Larson Test bank
MC Qu. 37
(Static) Any
project life cycle
is made...
Learning Objective:
01-03 Identify the
different stages of a
project life cycle.
38.
Award: 10.00 points
MC Qu. 38 (Static) This first chapter introduced...
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)
_________.
project
activity
task
undertaking
All of these.
As defined by the PMI, a project is a temporary endeavor undertaken to create a unique product,
service or result.
References
Multiple Choice Difficulty: 1 Easy
MC Qu. 38
(Static) This first
chapter
introduced...
Learning Objective:
01-02 Distinguish a
project from routine
operations.
39.
Award: 10.00 points
MC Qu. 39 (Static) The product life cycle must...
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.
1 year
6 months
18 months
3 months
9 months
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.
References
Multiple Choice Difficulty: 1 Easy
MC Qu. 39
(Static) The
product life
cycle must...
Learning Objective:
01-03 Identify the
different stages of a
project life cycle.
40.
Award: 10.00 points
MC Qu. 40 (Static) For companies of...
For companies of moderate-to-large size, it is not unusual to have hundreds of small projects
ongoing concurrently. The advent of many small projects has created the need for an organization
that can support __________ management.
multi-project
program
concurrent
portfolio
product
This climate has created a multi-project environment and a plethora of new problems. Sharing and
prioritizing resources across a portfolio of projects is a major challenge for senior management.
References
Multiple Choice Difficulty: 2 Medium
MC Qu. 40
(Static) For
companies of...
Learning Objective:
01-01 Understand
why project
management (PM) is
crucial in today's
world.
41.
Award: 10.00 points
MC Qu. 41 (Static) In today’s customer-focused...
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.
unique
quality
customized
creative
consistent
Customers want customized products and services that cater to their specific needs.
References
Multiple Choice Difficulty: 2 Medium
MC Qu. 41
(Static) In today’s
customer-
focused...
Learning Objective:
01-01 Understand
why project
management (PM) is
crucial in today's
world.
42.
Award: 10.00 points
MC Qu. 42 (Static) Project managers employ lots...
Project managers employ lots of useful tools, many supported by software. WBS, schedules, and
budgets are tools taken from the _________ dimension of the project management process.
sociocultural
soft skills
technical
tools
planning
The technical dimension includes developing the WBS, budgets, schedules and status reports. The
sociocultural dimension includes leadership, negotiation, teamwork and problem solving.
References
Multiple Choice Difficulty: 2 Medium
MC Qu. 42
(Static) Project
managers
employ lots...
Learning Objective:
01-05 Understand
that managing
projects involves
balancing the
technical and
sociocultural
dimensions of the
project.
43.
Award: 10.00 points
MC Qu. 43 (Static) Project managers must have many...
Project managers must have many competencies, among them leadership, teamwork and
negotiation. Leadership, teamwork, and negotiation are examples of the _________ dimension of
the project management process.
sociocultural
soft skills
technical
tools
planning
The technical dimension includes developing the WBS, budgets, schedules and status reports. The