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Bus517 Midterm Exam Part 1
Question 1
The advent of project management has been most profound in
Answer
Automobile manufacturing
Construction
Information technology
The U.S. Department of Defense
Film making
Question 2
Which of the following is the number one characteristic that is looked for in management candidates?
Answer
Overall intelligence
Works well with others
Experience
Past successes
Good reference
Question 3
In which of the following stages are project objectives established, teams formed, and major responsibilities assigned?
Answer
Conceptualizing
Defining
Planning
Executing
Delivering
Question 4
Project management is ideally suited for a business environment requiring all of the following except
Answer
Accountability
Flexibility
Innovation
Speed
Repeatability
Question 5
A common rule of thumb in the world of high-tech product development is that a six-month project delay can result in a loss of product revenue share of ___ percent. The waste on failed projects and cost overruns is estimated in the neighborhood of
Answer
10
20
33
45
50
Question 6
Which of these is not part of the "technical dimension" of project management?
Answer
WBS
Budgets
Problem solving
Schedules
Status reports
Question 7
From among the following activities, which is the best example of a project?
Answer
Processing insurance claims
Producing automobiles
Writing a term paper
Completing a college degree
All of these are good examples of projects
Question 8
Which of the following activities is not considered a project?
Answer
Developing a new software program
Designing a space station
Preparing the site for the Olympic Games
Production of automobile tires
Developing a new advertising program
Question 9
Project selection criteria are typically classified as:
Answer
Financial and non-financial
Short-term and long-term
Strategic and tactical
Required and optional
Cost and schedule
Question 10
Which of the following is not one of the characteristics of effective objectives?
Answer
Realistic
Assignable
Flexible
Specific
Measurable
Question 11
Susie's department is implementing many projects. She finds herself starting and stopping work on one task to go and work on another task, and then return to the work on the original task. Susie is experiencing
Answer
Poor scheduling
Excess work burden
Flexible tasking
Multitasking
Burnout
Question 12
Which of the following would not be classified as an organizational opportunity?
Answer
Increasing product demand
Excellent employees
Emerging markets
Demographics
Question 13
A project screening matrix typically contains all of the following except:
Answer
The list of available projects
Specific criteria
Weights assigned to specific criteria
Costs to complete each project
Question 14
In the Snapshot from Practice, Intel's CEO has concentrated Intel's strategy toward?
Answer
Creating chips to support the digital device market
Eliminating AMD as a competitor
Strengthening Intel's position in the PC market
Expanding Intel's international market
Expand efforts in the mainframe computer market
Question 15
A major project proposal form will likely include all of the following except:
Answer
Project Classification
Schedule objective
Major deliverables of the project
How success will be measured
Question 16
Projects are usually classified into all but one of the following categories. Which one is not one of the typical classifications?
Answer
Compliance and emergency
Operational
Strategic
Political necessity
Question 17
Who is responsible for determining what tasks have to be done in a matrix project management structure?
Answer
The functional manager
The project manager
Both are responsible
This is no pattern of who takes responsibility
Question 18
MegaComputers, Inc. has assigned a project manager for each of the five new-product teams. The managers as well as the project team members work on the projects on a full-time basis. The structure being used is ________ organization.
Answer
Functional
Balanced matrix
Weak matrix
Strong matrix
Project
Question 19
The project manager has the responsibility to answer which of the following questions?
Answer
What task has to be done?
Who will do the task?
How will the task be done?
How well has the functional input been integrated?
Why will the task be done?
Question 20
The project structure that is ranked as most effective for developing new products is ______ organization.
Answer
Functional
Balanced matrix
Weak matrix
Strong matrix
Project
Question 21
A good project management system provides for defining the interface between the project team and the organization in all the following areas except
Answer
Authority
Allocation of resources
Development of project team members
Integration of the project into the organization
Question 22
_________ organization is a hybrid form in which a horizontal project management structure is overlaid in the normal functional hierarchy.
Answer
Functional
Matrix
Project
Balanced
Question 23
The Macintosh development team at Apple is a good example of what kind of project structure?
Answer
Project
Balanced Matrix
Project Matrix
Functional Matrix
Functional
Question 24
Organizational culture is best explained as organizational
Answer
Personality
Hierarchy
Reporting relationships
Background
Management style
Question 25
From the list below, which is not a primary characteristic of organization culture?
Answer
Control
Team emphasis
History
Conflict tolerance
Risk tolerance
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