Question1 Question: The group that provides raw materials or resources that the project team needs to complete the project is 

1
Question: The group that provides raw materials or resources that the project team needs to complete the project is

A Top management

B Intervenor groups

C Suppliers

D Functional managers

2
Question: The Liberal Arts faculty failed to see the reason that every professor on campus would not make exactly the same amount of money, arguing that every person is of equal value. The business facultProject Management Multiple Choice Questionsy relied on the laws of supply and demand and market forces to guide their wages and couldn’t fathom why their counterparts could be such dunderheads. The source of conflict between these two groups is

A Differentiation

B Scarce resources

C Uncertainty

D Reward systems

3
Question: A checklist screening model does not consider

A The riskiness of the new venture

B Governmental or stakeholder interference

C Whether one criterion is more important than another

D Product durability and future market potential of the product line

4
Question: Scope management for a project begins with

A A statement of goals

B A configuration statement

C A work package

D An organization breakdown structure

5
Question: Client interest is typically at its lowest during the

A Termination phase

B Planning phase

C Execution phase

D Conceptualization phase

6
Question: The probability that a project will overrun its allocated duration is

A Integration risk

B Schedule risk

C Price market risk

D Volume market risk

7
Question: The probability that project revenues will not be sufficient to repay the debts is

A Financial risk

B Promotion risk

C Market risk

D Cost estimate risk

8
Question: The statement of work should contain

A A brief and general description of the work to be performed

B Expected project outcomes

C Information on the key objectives for the project

D All of these are elements of a statement of work

9
: A priori consideration of information needs is performed

A Several years after a project is completed

B At the start of a project

C During the project

D Before a project begins

10
Question: Michael wants to carry out his mentor’s long-range strategic vision of expanding the company’s customer base by entering the casino business in Las Vegas. He issues a series of memos that explain the importance of these projects and makes sure that all necessary resources are at the disposal of the project management team, which is fortunate to have such a(n)

A Entrepreneur

B Creative originator at the helm

C Project manager

D Godfather

11
Question: A project screening criterion that allows the company to compare long-term vs. short-term projects, projects with different technologies, and projects with different commercial objectives is

A Capability

B Realistic

C Flexibility

D Ease of use

12
Question: The authentic atmosphere that is vital for a project manager and team to function in can be described as

A Exchange of purpose

B A right to say no

C Absolute honesty

D Joint accountability

13
Question: Project management is first and foremost

A A customer service challenge

B A perception management challenge

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