Bus517/Bus 517 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