Describe a project life cycle and its evidence

Which of the following statements is true?
A)
Project management is far from a standard way of doing business
B)
Project management is increasingly contributing to achieving organizational strategies
C)
Project management is being used at a consistent percentage of a firm’s efforts
D)
Project management is a specialty that few organizations have access to
E)
All of these statements are false

9
Project management is important to understand when someone is a part of a project team because they
A)
Work with others to create a schedule and budget
B)
Need to understand project priorities so they can make independent decisions
C)
Need to be able to monitor and report project progress
D)
Need to understand the project charter or scope statement that defines the objectives and parameters of the project
E)
All of these are reasons it is important for project team members to understand project management

10
Which of these is NOT part of the “technical dimension” of project management?
A)
WBS
B)
Budgets
C)
Problem solving
D)
Schedules
E)
Status reports

11
Corporate downsizing has increased the trend toward
A)
Reducing the number of projects a company initiates
B)
Outsourcing significant segments of project work
C)
Using dedicated project teams
D)
Shorter project lead times
E)
Longer project lead times

12
The following is NOT true about project management
A)
It is not limited to the private sector
B)
Many opportunities are available for individuals interested in this career path
C)
It improves one’s ability to plan, implement and manage activities to accomplish specific organizational objectives
D)
It focuses primarily on technical processes
E)
It is a set of tools

13
Governance of all project management processes and procedures helps provide senior management with all of the following EXCEPT
A)
A method to ensure projects that are important to senior management are being implemented
B)
An assessment of the risk their portfolio of projects represents
C)
An overview of all project management activities
D)
A metric to measure the improvement of managing projects relative to others in the industry
E)
A big picture of how organizational resources are being used.

14
Which of the following is a good example of a program?
A)
Planting a garden
B)
Developing a new residential area that includes six custom homes
C)
Developing a new marketing plan
D)
Taking notes each class meeting to prepare for the final
E)
Planning a wedding

15
Which of the following represents the correct order of stages within the project life cycle
A)
Planning, Defining, Executing, Closing
B)
Closing, Planning, Defining, Executing
C)
Defining, Planning, Executing, Closing
D)
Executing, Defining, Planning, Closing
E)
Planning, Defining, Closing, Executing