Test Bank For Contemporary Project Management, 3rd Edition

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Chapter 1-Introduction to Project ManagementTRUE/FALSE1.A project is a temporary endeavor undertaken to create a unique product, service or result.ANS:TDIF:EasyREF:P. 4OBJ:CPMT.KLOP.15.01.01NAT:BUSPROG.CPMT.KLOP.15.03KEY:Bloom's: Knowledge2.A project is a lasting endeavor undertaken to maintain a reliable product or service.ANS:FDIF:EasyREF:P. 4OBJ:CPMT.KLOP.15.01.01NAT:BUSPROG.CPMT.KLOP.15.03KEY:Bloom's: Comprehension3.Most projects are conducted with constraints on the amount of time and funding available to theproject manager.ANS:TDIF:ModerateREF:P. 10OBJ:CPMT.KLOP.15.01.01NAT:BUSPROG.CPMT.KLOP.15.03KEY:Bloom's: Comprehension4.Project plans and goals usually become more specific as early work is completed.ANS:TDIF:EasyREF:P. 4OBJ:CPMT.KLOP.15.01.02NAT:BUSPROG.CPMT.KLOP.15.06KEY:Bloom's: Knowledge5.Operations consist of the ongoing work needed to ensure the organization continues to functioneffectively.ANS:TDIF:EasyREF:P. 5OBJ:CPMT.KLOP.15.01.01NAT:BUSPROG.CPMT.KLOP.15.03KEY:Bloom's: Knowledge6.Customers may need to sacrifice expectations related to cost or schedule in order to realize theirexpectations for scope or quality.ANS:TDIF:ChallengingREF:P. 10OBJ:CPMT.KLOP.15.01.01NAT:BUSPROG.CPMT.KLOP.15.06KEY:Bloom's: Analysis7.An important factor used to determine the phases in a project life cycle are the control needs of theorganization(s) involved in the project.ANS:TDIF:ModerateREF:P. 6OBJ:CPMT.KLOP.15.01.02NAT:BUSPROG.CPMT.KLOP.15.03KEY:Bloom's: Comprehension8.Generally, project life cycle stages are designed so that the amount of money spent in each of thestages is nearly equivalent.ANS:FDIF:ModerateREF:P. 6OBJ:CPMT.KLOP.15.01.02NAT:BUSPROG.CPMT.KLOP.15.06KEY:Bloom's: Comprehension9.Project customers can be either internal or external to the organization.ANS:TDIF:EasyREF:P. 6OBJ:CPMT.KLOP.15.01.02

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