Bus517/Bus 517 Midterm Exam Part 1 (Answer 100%) Guarantee - 88072

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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
Solution Description

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