Project Management Study Set 3

Business

Quiz 1 :

Modern Project Management

Quiz 1 :

Modern Project Management

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Project management is critically significant only for the electronics industry.
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True False
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False

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The sociocultural dimension of project management includes managing relationships, motivating team members and negotiating project terms.
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True False
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True

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Programs are processes designed to accomplish goals that are common to a program over time.
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True False
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False

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At first glance, project managers perform the same functions as other managers. That is, they plan, schedule, motivate and control.
True False
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For construction companies that build many buildings, all buildings built after the first do not fit the definition of a project.
True False
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Project management appears to be ideally suited for a business environment requiring accountability, flexibility, innovation and repeatability.
True False
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As specified in a project life cycle, the first stage in the life cycle of a project is the concept stage.
True False
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Agile PM is incremental, iterative development and delivery whereas traditional PM does not deliver nor elicit feedback from the customer until the project is nearly complete.
True False
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Accountants, architects, and attorneys are among professional people who excel at managing projects yet never have the title of project manager.
True False
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A major driver of project management is small business development, among others.
True False
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The modus operandi (method) used for implementing organizational strategy is through projects.
True False
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The technical dimensions of project management is primarily what successful project managers focus on, specifically planning, scheduling, and controlling projects.
True False
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Project management is equally useful in ongoing, routine work as well as unique, one-time initiatives, because of its flexibility.
True False
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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
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Specific time, cost, and performance requirements are among the characteristics that separate project management from other endeavors of the organization.
True False
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Project management skills are not needed in small projects within large organizations.
True False
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Project management is a skill set that is transferable across most businesses and professions and is critical to many careers.
True False
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One of the most significant driving forces behind the demand for project management is the ever increasing lengthening of the product life cycle.
True False
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Project management is generally restricted to specialists because of the requirement for in-depth expertise.
True False
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The Project Management Institute has a certification for project managers known as Project Management Professional (PMP).
True False
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