Project Management Fundamentals, Exams of Nursing

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Project

Management

Chapters 1-

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The advent of project management has been most profound in: A) Automobile manufacturing B) Construction C) Information technology D) The U.S. Department of Defense

E) Film making - answer ✅✅C) Information technology Which of the following is not considered to be a characteristic of a project? A) An established objective B) A clear beginning and end C) Complex tasks D) Only for internal use E) Never been done before - answer ✅✅D) Only for internal use From among the following activities, which is the best example of a project? A) Processing insurance claims B) Producing automobiles C) Writing a term paper D) Completing a college degree E) All of these are good examples of projects - answer ✅✅C) Writing a term paper Which of the following choices is not one of the stages of a project life cycle?

A) Conceptualizing B) Defining C) Planning D) Executing E) Delivering - answer ✅✅A) Conceptualizing In which of the following stages are project objectives established, teams formed, and major responsibilities assigned? A) Conceptualizing B) Defining C) Planning D) Executing E) Delivering - answer ✅✅B) Defining In which of the following stages are you more likely to find status reports, many changes, and the creation of forecasts? A) Conceptualizing B) Defining C) Planning D) Executing

E) Delivering - answer ✅✅D) Executing Which of the following choices is not one of the driving forces behind the increasing demand for project management? A) Compression of the product life cycle B) Knowledge explosion C) Development of third world and closed economies D) More emphasis on the product and less on the customer E) Corporate downsizing - answer ✅✅D) More emphasis on the product and less on the customer Project management is ideally suited for a business environment requiring all of the following except A) Accountability B) Flexibility C) Innovation D) Speed E) Repeatability - answer ✅✅E) Repeatability

Which of the following is the number one characteristic that is looked for in management candidates? A) Overall intelligence B) Works well with others C) Experience D) Past successes E) Good references - answer ✅✅B) Works well with others 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. A) 10 B) 20 C) 33 D) 45 E) 50 - answer ✅✅C) 33 Integration of project management with the organization takes place with the A) Master budget

B) Strategy plan C) Process of managing actual projects D) Both b and c are correct E) A, B, and C are all correct - answer ✅✅D) Both b and c are correct 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 - answer ✅✅C) Problem solving 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 - answer ✅✅B) Outsourcing significant segments of project work A series of coordinated, related, multiple projects that continue over extended time intended to achieve a goal is known as a A) Strategy B) Program C) Campaign D) Crusade E) Venture - answer ✅✅B) Program From 1994 to 2009 the trend for projects late or over budget was: A) Significantly better B) Slightly better C) About the same D) Slightly worse E) Significantly worse - answer ✅✅B) Slightly better Which of the following is not one of the commonly heard comments of project managers?

A) Where did this project come from? B) Why are we doing this project? C) How can all these projects be first priority? D) Why is this project so strongly linked to the strategic plan? E) Where are we going to get the resources to do this project? - answer ✅✅D) Why is this project so strongly linked to the strategic plan? Strategy considered to be under purview of senior management is A) Old school thinking B) A new school of management thought C) Necessary in a company structure D) Beneficial to the Project Manager E) Dependent on company goals - answer ✅✅A) Old school thinking The intended outcome of strategy/projects integration is A) Clear organization focus B) Best use of scarce organization resources

C) Improved communication across projects and departments D) Both A and C are correct E) A, B, and C are all correct - answer ✅✅E) A, B, and C are all correct Project managers who do not understand the role that their project plays in accomplishing the organization's strategy tend to make all the following mistakes except: A) Focusing on low priority problems B) Overemphasizing technology as an end in and of itself C) Focusing on the immediate customer D) Trying to solve every customer issue E) All the above are likely mistakes - answer ✅✅E) All the above are likely mistakes The textbook indicated that ________ is the major dimension of strategic management. A) Responding to changes in the external market B) Allocating scarce resources of the organization C) Beating competition to the market

D) Both a and b are correct E) Both a and c are correct - answer ✅✅D) Both a and b are correct Which of the following questions does the organization's mission statement answer? A) What are our long-term strategies? B) What are our long-term goals and objectives? C) How do we operate in the existing environment? D) What do we want to become? E) All of these are answered by the mission statement - answer ✅✅D) What do we want to become? Strategy formulation includes which of the following activities? A) Determining alternatives B) Creating profitability targets C) Evaluating alternatives D) Both a and c are correct E) A, B, and C are all correct - answer ✅✅D) Both a and c are correct

The assessment of the external and internal environments is called _______ analysis. A) SWOT analysis B) Competitive C) Industry D) Market E) Strategic - answer ✅✅A) SWOT analysis Which of the following is not one of the requirements for successful implementation of strategies through projects? A) Allocation of resources B) Prioritizing of projects C) Motivation of project contributors D) Adequate planning and control systems E) All of these are requirements - answer ✅✅E) All of these are requirements 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 A) Poor scheduling B) Excess work burden C) Flexible tasking D) Multitasking E) Burnout - answer ✅✅D) Multitasking Project selection criteria are typically classified as: A) Financial and non-financial B) Short-term and long-term C) Strategic and tactical D) Required and optional E) Cost and schedule - answer ✅✅A) Financial and non-financial Which of the following is not one of the classifications for assessing a project portfolio? A) Sacred cow B) Bread-and-butter C) Pearls D) Oysters

E) White elephants - answer ✅✅A) Sacred cow Which of the following is the reason(s) why project managers need to understand their organization's mission and strategy? A) To make appropriate decisions and adjustments B) To be effective project advocates C) To be able to get their job done D) Both A and B are correct E) A, B, and C are all correct - answer ✅✅D) Both A and B are correct Which of the following is not true of multi-weighted scoring models? A) Will include quantitative criteria B) Will include qualitative criteria C) Each criterion is assigned a weight D) Projects with higher scores are considered more desirable E) All of the above are true - answer ✅✅E) All of the above are true

Which of the following is a common multicriteria selection model? A) Checklist B) Net Present Value C) Weighted criteria model D) Both A and C are correct E) All of these are common multicriteria selection models - answer ✅✅D) Both A and C are correct Organizational culture is best explained as organizational A) Personality B) Hierarchy C) Reporting relationships D) Background E) Management style - answer ✅✅A) Personality A good project management system provides for defining the interface between the project team and the organization in all the following areas except A) Authority B) Allocation of resources

C) Development of project team members D) Integration of the project into the organization E) All of these are provided - answer ✅✅C) Development of project team members Which of the following is an advantage of a functional project management organization? A) Maximum flexibility in the use of staff B) Good integration across functional units C) Shorter project duration D) Strong motivation of project team members E) All of these are advantages - answer ✅✅A) Maximum flexibility in the use of staff 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. A) Functional B) Balanced matrix C) Weak matrix D) Strong matrix

E) Project - answer ✅✅E) Project A project management system provides a framework for launching and implementing project activities within a ______ organization. A) Matrix B) Balanced C) Weak D) Sponsor E) Parent - answer ✅✅E) Parent In which of the following is the balance of authority strongly in favor of the functional managers? A) Weak matrix B) Balanced matrix C) Strong matrix D) Strong E) Both C and D are correct - answer ✅✅A) Weak matrix Matrix management violates the management principle of

A) Span of control B) Unity of command C) Parity principle D) Empowerment E) All of these management principles - answer ✅✅B) Unity of command The project structure that is ranked as least effective is _______ organization. A) Functional B) Balanced matrix C) Weak matrix D) Strong matrix E) Project - answer ✅✅A) Functional From the list below, which is not a primary characteristic of organization culture? A) Control B) Team emphasis C) History D) Conflict tolerance E) Risk tolerance - answer ✅✅C) History

Who is responsible for determining how tasks will be done in a matrix project management structure? A) The functional manager B) The project manager C) Both are responsible D) This is no pattern of who takes responsibility E) None of these are true - answer ✅✅A) The functional manager The Macintosh development team at Apple is a good example of what kind of project structure? A) Project B) Balanced Matrix C) Project Matrix D) Functional Matrix E) Functional - answer ✅✅A) Project The Organizational Culture Diagnosis Worksheet classifies cultural characteristics into all of the following except: A) Physical characteristics

B) Public documents C) Behavior D) Folklore E) Ethics - answer ✅✅E) Ethics Which of the following is not one of the typical forms of a project management office? A) Command center B) Control tower C) Resource pool D) Weather station E) All of these are typical forms of a project management office - answer ✅✅A) Command center Which of the following cultural characteristics relates to the degree to which management focuses on outcomes rather than on techniques and processes used to achieve those results? A) Risk tolerance B) Reward criteria C) Conflict tolerance D) Means versus end orientation

E) Open-systems focus - answer ✅✅D) Means versus end orientation Elizabeth is considering how to structure a project team that will not directly disrupt ongoing operations. The project needs to be done quickly and a high level of motivation will be needed in order to do that. For this situation, the ______ organization would be the best choice. A) Functional B) Balanced matrix C) Weak matrix D) Strong matrix E) Project - answer ✅✅E) Project The method used to collect information to use through all phases of the project life cycle is called A) Responsibility matrix B) Organization breakdown structure C) Work breakdown structure D) Priority matrix E) Work package - answer ✅✅C) Work breakdown structure

The first step in creating the necessary information to manage a project is to A) Establish project priorities B) Define the project scope C) Verify the budget available D) Assign team members to work on the project E) Determine the required completion date - answer ✅✅B) Define the project scope Research shows the most frequently mentioned barrier to project success is A) Not enough budget resources B) Poor performance by team members C) Weak project leadership D) Poorly defined scope or mission E) Political in-fighting - answer ✅✅D) Poorly defined scope or mission An expected output over the life of a project would be classified as A) A deliverable

B) A product C) An end object D) An objective E) A target - answer ✅✅A) A deliverable The ability of 911 emergency systems to identify the caller's phone number and location are considered to be a A) Technical requirement B) Milestone C) Project limit D) Project exclusion E) Project deliverable - answer ✅✅A) Technical requirement "To construct a high-quality, custom home within five months at costs not to exceed $150,000" is best classified as A) A deliverable B) A milestone C) An objective D) A limit

E) An exclusion - answer ✅✅C) An objective Which of the following is not one of the basic classifications of project priorities? A) Profit B) Cost C) Time D) Performance E) All of these are basic classifications - answer ✅✅A) Profit If a project criterion indicates that the project must meet a specific date, that criterion is classified as A) Constrained B) Enhanced C) Accepted D) Limited E) Fixed - answer ✅✅A) Constrained The tool used to assist in making project trade-offs between schedule, budget, and performance objectives is called a

A) Responsibility matrix B) Work breakdown structure C) Project priority matrix D) Work package E) Criterion matrix - answer ✅✅C) Project priority matrix The highest element in the hierarchical breakdown of the WBS is A) A work package B) Sub deliverables C) A cost account D) Major deliverables E) The project - answer ✅✅E) The project All of the following are usually included in a work package except A) What will be done? B) The time needed to complete the work C) A single person who is responsible for its completion D) All the costs for the work package

E) All of these are included in a work package - answer ✅✅E) All of these are included in a work package The final step in the creation of a Work Breakdown Structure is to A) Code the WBS for tracking B) Assign the cost account to a manager C) Assign the work package to a manager D) Develop the responsibility matrix E) All of these are included in the final step - answer ✅✅A) Code the WBS for tracking The intersection of the WBS and the OBS is called the A) Responsibility matrix B) Priority matrix C) Work package D) Cost account E) Project overlap - answer ✅✅D) Cost account