Bus517/bus 517 midterm exam part 1 (all correct)

Question 1

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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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