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BUS 517 Final Exam Part 1: Project Management Concepts and Strategies

A comprehensive review of project management concepts and strategies in preparation for the final exam.

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    BUS 517 Final Exam Part 1: Project Management Concepts and Strategies BUS 517 FINAL EXAM PART 1 Question 1 In which of the following stages is it determined what the project will entail, when it will be scheduled, whom it will benefit, and what the budget will be? A. Conceptualizing B. Defining C. Planning D. Executing E. Delivering Question 2 Which of the following is the first step in developing a set of strategies designed to best meet the needs of customers? A. Market Research B. Define the Integrated Project Management System C. Environmental Analysis D. Project Selection E. All of the above are correct Q uestion 3 Which of the following activities is not considered a project? A. Developing a new software program B. Designing a space station C. Preparing the site for the Olympic Games D. Production of automobile tires E. Developing a new advertising program Question 4 Project management is ideally suited for a business environment requiring all of the following except A. Accountability B. Flexibility C. Innovation D. Speed E. Repeatability Question 5 Which of these is not part of the "technical dimension" of project management? A. WBS B. Budgets C. Problem solving

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