Chapter 1 1 The Project Objective Requires Completing The Project

subject Type Homework Help
subject Pages 9
subject Words 2527
subject Authors Jack Gido, James P. Clements

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CHAPTER 1: PROJECT MANAGEMENT CONCEPTS
1. A project is an endeavor to accomplish a specific objective through a unique set of interrelated tasks and the
effective utilization of resources.
a. True
b. False
2. A research firm secured $2 million to evaluate the treatment of water in selected countries over the next
three years. This is an example of a project.
a. True
b. False
3. The Department of Transportation hired a company to build a six-lane highway between two cities. This is an
example of a project.
a. True
b. False
4. A group volunteered to keep a section of highway clean. This is an example of a project.
a. True
b. False
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Chapter 1: Project Management Concepts
5. The outcome of a project is a tangible end product.
a. True
b. False
6. A project is an endeavor to accomplish a specific objective through a unique set of nonrelated tasks and the
effective utilization of resources.
a. True
b. False
7. Every project has a starting date and an ending date.
a. True
b. False
8. A project has a clear objective.
a. True
b. False
9. The project objective requires completing the project work scope on time and within budget.
a. True
b. False
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Chapter 1: Project Management Concepts
10. Expected benefits and outcomes may be included in the project objective.
a. True
b. False
11. A project is carried out through a series of independent tasks.
a. True
b. False
12. A project utilizes various resources to carry out the tasks.
a. True
b. False
13. Resources can include people, organizations, equipment, materials, and facilities.
a. True
b. False
14. A project has an unlimited time frame.
a. True
b. False
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Chapter 1: Project Management Concepts
15. A project has a sponsor or customer.
a. True
b. False
16. The sponsor provides funds to accomplish the project.
a. True
b. False
17. A project involves degree of uncertainty that remains the same as the project progresses.
a. True
b. False
18. People are the only resource used in a project.
a. True
b. False
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Chapter 1: Project Management Concepts
19. A project's stakeholders will always include only representatives from the sponsor's organization.
a. True
b. False
20. A project is completed through a number of repetitive tasks.
a. True
b. False
21. Introduction of a new process to ship packages for a firm is an example of a project objective.
a. True
b. False
22. Determining the market for a product for a gain of 5% market share within 18 months and $20,000 budget.
This is an example of a project objective.
a. True
b. False
23. A project objective is the tangible end product that the project team must produce or deliver.
a. True
b. False
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Chapter 1: Project Management Concepts
24. The project objective is usually defined in terms of end product, schedule, and budget.
a. True
b. False
25. The project objective requires completing the project work scope and producing all the deliverables by a
certain time and within budget.
a. True
b. False
26. Projects are constrained only by the scope, schedule, and budget.
a. True
b. False
27. The project scope is all the work that must be done in order to produce all the project deliverables, satisfy the
customer, and accomplish the project objective.
a. True
b. False
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Chapter 1: Project Management Concepts
28. All the work involved with clearing a sidewalk after a heavy snow storm is an example of a project's scope.
a. True
b. False
29. Quality expectations are only defined at the start of the project.
a. True
b. False
30. The schedule for a project is a timetable with only start times for tasks.
a. True
b. False
31. The amount the sponsor has agreed to pay for acceptable project deliverables is the project budget.
a. True
b. False
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Chapter 1: Project Management Concepts
32. The collapse of a retaining wall could be a risk to the project objective for a garden construction project.
a. True
b. False
33. The level of effort is the same for all four phases of the generic project life cycle.
a. True
b. False
34. A project is initiated when a need is identified by a contractor.
a. True
b. False
35. A request for proposals is used to initiate all projects by communicating that a project is needed.
a. True
b. False
36. When establishing the project objectives, the objective must be agreed upon by the project sponsor.
a. True
b. False
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Chapter 1: Project Management Concepts
37. The project scope document should include a list of deliverables and associated acceptance criteria.
a. True
b. False
38. A network diagram is a hierarchical decomposition of the project scope into work elements to be executed to
produce the project deliverables.
a. True
b. False
39. A person or organization responsible for each work item should be identified to assign responsibility while
planning the project.
a. True
b. False
40. A work breakdown structure shows the necessary sequence and dependent relationships of the detailed
activities for a project.
a. True
b. False
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Chapter 1: Project Management Concepts
41. The amount of estimated resources helps to determine the estimated durations.
a. True
b. False
42. The estimated duration of the project is dependent upon the sequence of activities.
a. True
b. False
43. The types and quantities of resources to be used for the activities are the base for the estimated project cost.
a. True
b. False
44. The project budget includes costs for each activity plus other project costs such as administrative costs and
overhead costs.
a. True
b. False
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Chapter 1: Project Management Concepts
45. Globalization changes the dynamics of a project and adds a layer of complexity that can reduce the risks of
accomplishing the project outcome.
a. True
b. False
46. The Project Management Institute is a worldwide not-for-profit organization of practitioners that certifies
project management professionals.
a. True
b. False
47. A satisfied customer is a benefit of implementing project management techniques.
a. True
b. False

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