Companies like Boeing, Kodak, and IBM are using which of the following for improving the estimating process?

Companies like Boeing, Kodak, and IBM are using which of the following for improving the estimating process? A. Adjusting estimates based on individual...

Which of the following is not one of the recommended guidelines for developing useful work package estimates?

Which of the following is not one of the recommended guidelines for developing useful work package estimates? A. Estimates should be made by those...

Which of the following would be considered a direct project cost?

Which of the following would be considered a direct project cost? A. LaborB. MaterialsC. EquipmentD. Both A and B are direct costsE. A, B, and C...

Project costs are typically viewed from all of the following except:

Project costs are typically viewed from all of the following except: A. ScheduledB. SunkC. ActualD. CommittedE. All of these are correctAnswer:&...

Typical kinds of costs found in a project include

Typical kinds of costs found in a project include A. Direct costsB. Project overhead costsC. General and administrative costsD. Only A and B are...

The cost to prepare bottom-up estimates will typically run how much more than the costs to prepare the top-down estimates?

The cost to prepare bottom-up estimates will typically run how much more than the costs to prepare the top-down estimates? A. About the sameB. About...

The accuracy of bottom-up estimates will typically be in the range of

The accuracy of bottom-up estimates will typically be in the range of A. Minus 50% to plus 50%B. Minus 0% to plus 75%C. Minus 20% to plus 60%D. Minus...

The accuracy of top-down estimates will typically be in the range of

The accuracy of top-down estimates will typically be in the range of A. Minus 50% to plus 50%B. Minus 0% to plus 75%C. Minus 20% to plus 60%D. Minus...

Which of the following would be the best method for projects where the final product is not known and the uncertainty is very large?

Which of the following would be the best method for projects where the final product is not known and the uncertainty is very large? A. Function...

The approach that begins with a top-down estimate for the project and then refines estimates as the project is implemented is known as ______ method.

The approach that begins with a top-down estimate for the project and then refines estimates as the project is implemented is known as ______ method. A....

Which of the following is not one of the bottom-up approaches to estimating project time and cost?

Which of the following is not one of the bottom-up approaches to estimating project time and cost? A. Parametric procedures applied to specific tasksB....

Learning curves are more likely to apply in situations where most of the costs are

Learning curves are more likely to apply in situations where most of the costs are A. MaterialsB. LaborC. OverheadD. Evenly spread over materials,...

Sean is forecasting the time and cost of developing a customized software program by looking at the number of inputs, outputs, inquires, files, and interfaces. Which of the following methods is he using?

Sean is forecasting the time and cost of developing a customized software program by looking at the number of inputs, outputs, inquires, files, and interfaces....

Jose is forecasting project time and cost for constructing a new building by multiplying the total square footage by a given dollar amount. Which of the following methods is he using?

Jose is forecasting project time and cost for constructing a new building by multiplying the total square footage by a given dollar amount. Which of the...

Which of the following methods is not considered a top-down approach to estimating project time and cost?

Which of the following methods is not considered a top-down approach to estimating project time and cost? A. RatioB. TemplateC. ApportionD. Function...

____ estimates are most likely to use low cost, efficient methods.

____ estimates are most likely to use low cost, efficient methods. A. ApportionB. RatioC. Top-downD. Bottom-upE. All of these are equally likely...

Top-down estimates are most likely to occur during the ______ phase.

Top-down estimates are most likely to occur during the ______ phase. A. ConceptB. PlanningC. ExecutionD. DeliveryE. All of these are equally lik...

Which of the following is a good condition for bottom-up estimating?

Which of the following is a good condition for bottom-up estimating? A. Strategic decision makingB. Internal, small projectC. Fixed price contractD....

Which of the following is a good condition for top-down estimating?

Which of the following is a good condition for top-down estimating? A. Cost and time importantB. Fixed price contractC. Customer wants detailsD....

Janet is forecasting how much money her department needs to support a new project. She estimates that two people and $25,000 in expenses will cover her needs. Because management typically insists on reducing forecasts by 20 percent, she increases her estimates to allow for that reduction. Which of the following factors is illustrated in this situation?

Janet is forecasting how much money her department needs to support a new project. She estimates that two people and $25,000 in expenses will cover her...

Ed is looking over the actual results of projects and comparing them to what was estimated. He notices that projects that took six months or longer to complete were noticeably more off the estimates. Which of the following factors is he recognizing?

Ed is looking over the actual results of projects and comparing them to what was estimated. He notices that projects that took six months or longer to...

Which of the following is not one of the factors that need to be considered to improve quality of estimates for project times and costs?

Which of the following is not one of the factors that need to be considered to improve quality of estimates for project times and costs? A. Planning...

A good starting point for developing time and cost estimates is

A good starting point for developing time and cost estimates is A. Past experienceB. Work packagesC. Task analysisD. Time and motion studiesE. Work...

A typical statement in actual practice is that estimates should have a probability of being met ______ of the time.

A typical statement in actual practice is that estimates should have a probability of being met ______ of the time. A. 100%B. 98%C. 95%D. 90%E. ...

In practice, estimating processes are frequently classified as

In practice, estimating processes are frequently classified as A. Top down/bottom upB. Rough/polishedC. Precise/order of magnitudeD. Draft/finalE....

The process of forecasting or approximating the time and cost of completing project deliverables is called

The process of forecasting or approximating the time and cost of completing project deliverables is called A. BudgetingB. PredictingC. EstimatingD....

The Snapshot from Practice dealing with Big Bertha II illustrated how important a project's __________ is to the successful completion of a project.

The Snapshot from Practice dealing with Big Bertha II illustrated how important a project's __________ is to the successful completion of a project. A....

Which of the follow is least likely to be included in a Work Package?

Which of the follow is least likely to be included in a Work Package? A. MaterialsB. LaborC. OverheadD. DurationE. ResponsibilitiesAnswer: ...

Which of the following is a good example of a Process Breakdown Structure?

Which of the following is a good example of a Process Breakdown Structure? A. New car prototypeB. New software programC. New computer hardwareD....

The tendency for the project deliverables to expand over time—usually by changing requirements, specifications, and priorities—is called:

The tendency for the project deliverables to expand over time—usually by changing requirements, specifications, and priorities—is called: A. Scope...

The project scope statement indicates that the client is responsible for training the people who will be using the equipment and that the project team will train the client's trainers. This is an example of:

The project scope statement indicates that the client is responsible for training the people who will be using the equipment and that the project team...

If a project is small or of narrow scope and does not require an elaborate system, which of the following is a good choice?

If a project is small or of narrow scope and does not require an elaborate system, which of the following is a good choice? A. Responsibility matrixB....

Creating an extranet website or an internal software database system would be most closely associated with the

Creating an extranet website or an internal software database system would be most closely associated with the A. Responsibility matrixB. Organization...

The intersection of the WBS and the OBS is called the

The intersection of the WBS and the OBS is called the A. Responsibility matrixB. Priority matrixC. Work packageD. Cost accountE. Project overlapAnswer: Cost...

The final step in the creation of a Work Breakdown Structure is to

The final step in the creation of a Work Breakdown Structure is to A. Code the WBS for trackingB. Assign the cost account to a managerC. Assign the...

The integration of project work packages within the organization's management structure is known as

The integration of project work packages within the organization's management structure is known as A. Responsibility matrixB. Organization breakdown...

All of the following are usually included in a work package except

All of the following are usually included in a work package except A. What will be done?B. The time needed to complete the workC. A single person...

All of the following are true about work packages except

All of the following are true about work packages except A. Consume resourcesB. Assigned to only one managerC. Have medium to long durationD. Definitive...

The highest element in the hierarchical breakdown of the WBS is

The highest element in the hierarchical breakdown of the WBS is A. A work packageB. Sub deliverablesC. A cost accountD. Major deliverablesE. The...

The lowest element in the hierarchical breakdown of the WBS is

The lowest element in the hierarchical breakdown of the WBS is A. A deliverableB. A work packageC. A cost accountD. A lowest sub deliverableE. An...

The tool used to assist in making project trade-offs between schedule, budget, and performance objectives is called a

The tool used to assist in making project trade-offs between schedule, budget, and performance objectives is called a A. Responsibility matrixB....

Scott has just been given a project that has a specific target date. After discussion with top management he finds that while the date is important the cost is more important and a slip in delivery would be acceptable if required to meet the cost targets. The target date is best classified as

Scott has just been given a project that has a specific target date. After discussion with top management he finds that while the date is important the...

If a project criterion indicates that the project must meet a specific date, that criterion is classified as

If a project criterion indicates that the project must meet a specific date, that criterion is classified as A. ConstrainedB. EnhancedC. AcceptedD....

Which of the following is not one of the basic classifications of project priorities?

Which of the following is not one of the basic classifications of project priorities? A. ProfitB. CostC. TimeD. PerformanceE. All of these are basic...

The second step in the defining of a project would be to

The second step in the defining of a project would be to A. Analyze the strategic planB. Analyze the current budget planC. Establish project prioritiesD....

To construct a high-quality, custom home within five months at costs not to exceed $150,000" is best classified as

To construct a high-quality, custom home within five months at costs not to exceed $150,000" is best classified as A. A deliverableB. A milestoneC....

Which of the following is not one of the items that would appear on a project scope checklist?

Which of the following is not one of the items that would appear on a project scope checklist? A. DeliverablesB. Technical requirementsC. ObjectivesD....

The ability of 911 emergency systems to identify the caller's phone number and location are considered to be a

The ability of 911 emergency systems to identify the caller's phone number and location are considered to be a A. Technical requirementB. MilestoneC....

In reviewing the project plan, Susan sees that the first prototype is due by October 12. This would be best classified as a

In reviewing the project plan, Susan sees that the first prototype is due by October 12. This would be best classified as a A. Project targetB. Limit...

The first step of project scope definition is to

The first step of project scope definition is to A. Analyze the strategic planB. Analyze the current budget planC. Meet with team membersD. Select...

An expected output over the life of a project would be classified as

An expected output over the life of a project would be classified as A. A deliverableB. A productC. An end objectD. An objectiveE. A targetAnswer: A...

Research shows the most frequently mentioned barrier to project success is

Research shows the most frequently mentioned barrier to project success is A. Not enough budget resourcesB. Poor performance by team membersC. Weak...

Linda has just been assigned a project to develop a new advertising campaign for an established product. Her first step should be to

Linda has just been assigned a project to develop a new advertising campaign for an established product. Her first step should be to A. Establish...

The first step in creating the necessary information to manage a project is to

The first step in creating the necessary information to manage a project is to A. Establish project prioritiesB. Define the project scopeC. Verify...

Jose is looking at a document that outlines the specific tasks and subtasks required to complete the writing of a technical support manual. The method that was probably used to develop the document is most likely

Jose is looking at a document that outlines the specific tasks and subtasks required to complete the writing of a technical support manual. The method...

The method used to collect information to use through all phases of the project life cycle is called

The method used to collect information to use through all phases of the project life cycle is called A. Responsibility matrixB. Organization breakdown...

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?

Which of the following cultural characteristics relates to the degree to which management focuses on outcomes rather than on techniques and processes...

Which of the following cultural characteristics relates to the degree to which groups within the organization are encouraged to operate in a coordinated or independent manner?

Which of the following cultural characteristics relates to the degree to which groups within the organization are encouraged to operate in a coordinated...

Which of the following is not one of the typical forms of a project management office?

Which of the following is not one of the typical forms of a project management office? A. Command centerB. Control towerC. Resource poolD. Weather...

Which of the following cultural characteristics relates to the degree to which work activities are organized around groups rather than individuals?

Which of the following cultural characteristics relates to the degree to which work activities are organized around groups rather than individuals?A....

Which of the following cultural characteristics relates to the degree to which employees identify with the organization as a whole rather than with their type of job or field of professional expertise?

Which of the following cultural characteristics relates to the degree to which employees identify with the organization as a whole rather than with their...

The Organizational Culture Diagnosis Worksheet classifies cultural characteristics into all of the following except:

The Organizational Culture Diagnosis Worksheet classifies cultural characteristics into all of the following except: A. Physical characteristicsB....

The Macintosh development team at Apple is a good example of what kind of project structure?

The Macintosh development team at Apple is a good example of what kind of project structure? A. ProjectB. Balanced MatrixC. Project MatrixD. Functional...

Who is responsible for determining what tasks have to be done in a matrix project management structure?

Who is responsible for determining what tasks have to be done in a matrix project management structure? A. The functional managerB. The project managerC....

Who is responsible for determining how tasks will be done in a matrix project management structure?

Who is responsible for determining how tasks will be done in a matrix project management structure?A. The functional managerB. The project managerC. Both...

Factors in identifying cultural characteristics include all the following except

Factors in identifying cultural characteristics include all the following except A. Norms.B. CustomsC. ValuesD. Both B and C are correctE. A, B,...

From the list below, which is not a primary characteristic of organization culture?

From the list below, which is not a primary characteristic of organization culture? A. ControlB. Team emphasisC. HistoryD. Conflict toleranceE. Risk...

The project structure that is ranked as most effective for developing new products is ______ organization.

The project structure that is ranked as most effective for developing new products is ______ organization. A. FunctionalB. Balanced matrixC. Weak...

The project structure that is ranked as least effective is _______ organization.

The project structure that is ranked as least effective is _______ organization. A. FunctionalB. Balanced matrixC. Weak matrixD. Strong matrixE....

Which of the following is considered to be the simplest, fastest, most expensive way to manage projects?

Which of the following is considered to be the simplest, fastest, most expensive way to manage projects? A. FunctionalB. Balanced matrixC. Weak matrixD....

Matrix management violates the management principle of

Matrix management violates the management principle of A. Span of controlB. Unity of commandC. Parity principleD. EmpowermentE. All of these management...

The project manager has the responsibility to answer which of the following questions?

The project manager has the responsibility to answer which of the following questions? A. What task has to be done?B. Who will do the task?C. How...

In which of the following is the balance of authority strongly in favor of the functional managers?

In which of the following is the balance of authority strongly in favor of the functional managers? A. WeakB. Balanced matrixC. Strong matrixD. StrongE....

The project organization structure that is least likely to have team members who are also members of another team is the ______ organization.

The project organization structure that is least likely to have team members who are also members of another team is the ______ organization. A....

______ organization is a hybrid form in which a horizontal project management structure is overlaid in the normal functional hierarchy.

______ organization is a hybrid form in which a horizontal project management structure is overlaid in the normal functional hierarchy. A. FunctionalB....

Computers R Us is concerned about keeping project costs low and wants to be sure that all pools of expertise are used. Additionally they want to minimize duplication of efforts across projects. Their best choice for project management structure is the _______ organization structure.

Computers R Us is concerned about keeping project costs low and wants to be sure that all pools of expertise are used. Additionally they want to minimize...

Projectitis is most likely to occur in the _______ organization structure.

Projectitis is most likely to occur in the _______ organization structure. A. FunctionalB. Balanced matrixC. Weak matrixD. Strong matrixE. Proje...

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.

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...

Which of the following structures is referred to in popular literature as a projectized form of organizations?

Which of the following structures is referred to in popular literature as a projectized form of organizations? A. Functional organizationB. Balanced...

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.

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...

Which of the following combinations represents the extremes of project organization?

Which of the following combinations represents the extremes of project organization? A. Strong matrix and balanced matrix organizationsB. Functional...

A project team that operates with a full-time project manager as a separate unit from the rest of the organization is structured as a ________ organization.

A project team that operates with a full-time project manager as a separate unit from the rest of the organization is structured as a ________ organization. A....

Kim is reviewing a proposed project. The scope of the project is narrow with a lot of in-depth expertise required and it will take a short period of time to complete. The best choice for organizing the project is ________ organization.

Kim is reviewing a proposed project. The scope of the project is narrow with a lot of in-depth expertise required and it will take a short period of time...

Which of the following is a disadvantage of functional project management organization?

Which of the following is a disadvantage of functional project management organization? A. Lack of motivation of project team membersB. Longer project...

Which of the following is an advantage of a functional project management organization?

Which of the following is an advantage of a functional project management organization? A. Maximum flexibility in the use of staffB. Good integration...

Bill is working on a project involving the upgrading of a management information system. The project is being managed by the information systems department with coordination with other departments occurring through normal channels. He is working in a _________ organization.

Bill is working on a project involving the upgrading of a management information system. The project is being managed by the information systems department...

The structure that manages projects within the existing organizational structure is __________ organization.

The structure that manages projects within the existing organizational structure is __________ organization. A. FunctionalB. Balanced matrixC. Weak...

Organizations have difficulty in creating a system for managing projects because

Organizations have difficulty in creating a system for managing projects because A. Contrary to typical operations, projects are one-time effortsB....

A good project management system provides for defining the interface between the project team and the organization in all the following areas except

A good project management system provides for defining the interface between the project team and the organization in all the following areas except A....

Organizational culture is best explained as organizational

Organizational culture is best explained as organizational A. PersonalityB. HierarchyC. Reporting relationshipsD. BackgroundE. Management styleA...

Which of the follow is not one of the commonly heard comments of project managers?

Which of the follow 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....

From 1994 to 2004 the trend for projects late or over budget was:

From 1994 to 2004 the trend for projects late or over budget was: A. Significantly betterB. Slightly betterC. About the sameD. Slightly worseE. Significantly...

The Integrated Management of Projects includes all of the following except:

The Integrated Management of Projects includes all of the following except: A. Profit projectionsB. Environmental analysisC. CustomerD. Project management...

Which of the following has been used as part of a group of different tools to manage projects?

Which of the following has been used as part of a group of different tools to manage projects? A. Job costingB. PartneringC. Bar chartsD. NetworksE....

In which of the following stages is it determined what the project will entail, when it will be scheduled, whom it will benefit, and what the budget will be?

In which of the following stages is it determined what the project will entail, when it will be scheduled, whom it will benefit, and what the budget will...

A series of coordinated, related, multiple projects that continue over extended time intended to achieve a goal is known as a

A series of coordinated, related, multiple projects that continue over extended time intended to achieve a goal is known as a A. StrategyB. ProgramC....

Which of the following is not typically the responsibility of a project manger?

Which of the following is not typically the responsibility of a project manger? A. Meeting budget requirementsB. Meeting schedule requirementsC....

The importance of project management has increased due to

The importance of project management has increased due to A. The movement of manufacturing operations out of the U.SB. Time to marketC. The movement...

Corporate downsizing has increased the trend toward

Corporate downsizing has increased the trend toward A. Reducing the number of projects a company initiatesB. Outsourcing significant segments of...

Which of these is not part of the "sociocultural dimension" of project management?

Which of these is not part of the "sociocultural dimension" of project management? A. NegotiationB. Resource allocationC. Customer expectationsD....

Which of these is not part of the "technical dimension" of project management?

Which of these is not part of the "technical dimension" of project management? A. WBSB. BudgetsC. Problem solvingD. SchedulesE. Status reportsAnswer: Problem...

Two dimensions within the project management process are

Two dimensions within the project management process are A. Technical and socioculturalB. Cost and timeC. Planned and unexpectedD. Established and...

Integration of project management with the organization takes place with the

Integration of project management with the organization takes place with the A. Master budgetB. Strategy planC. Process of managing actual projectsD....

Which of the following is the first step in developing a set of strategies designed to best meet the needs of customers?

Which of the following is the first step in developing a set of strategies designed to best meet the needs of customers? A. Market ResearchB. Define...

Which of the following has increased the demand for project management?

Which of the following has increased the demand for project management? A. ISO 9000 certificationB. Specialization and concentration of knowledgeC....

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 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...

Which of the following is the number one characteristic that is looked for in management candidates?

Which of the following is the number one characteristic that is looked for in management candidates? A. Overall intelligenceB. Works well with othersC....

Project management is ideally suited for a business environment requiring all of the following except

Project management is ideally suited for a business environment requiring all of the following except A. AccountabilityB. FlexibilityC. InnovationD....

Which of the following statements is true?

Which of the following statements is true? A. Project management is becoming a standard way of doing businessB. Project management is increasingly...

Which of the following choices is not one of the driving forces behind the increasing demand for project management?

Which of the following choices is not one of the driving forces behind the increasing demand for project management? A. Compression of the product...

Which of the following characteristics is not typical of a project manager?

Which of the following characteristics is not typical of a project manager? A. Managing a temporary activityB. Possesses in-depth technical knowledgeC....

In which of the following stages are you more likely to find status reports, many changes, and the creation of forecasts?

In which of the following stages are you more likely to find status reports, many changes, and the creation of forecasts? A. ConceptualizingB. DefiningC....

In which of the following stages is a major portion of the physical and mental project work performed?

In which of the following stages is a major portion of the physical and mental project work performed? A. ConceptualizingB. DefiningC. PlanningD....

In which of the following stages are project objectives established, teams formed, and major responsibilities assigned?

In which of the following stages are project objectives established, teams formed, and major responsibilities assigned? A. ConceptualizingB. DefiningC....

Which of the following choices is not one of the stages of a project life cycle?

Which of the following choices is not one of the stages of a project life cycle? A. ConceptualizingB. DefiningC. PlanningD. ExecutingE. Deliveri...

Which of the following constraints is not typically found in managing projects?

Which of the following constraints is not typically found in managing projects? A. TimeB. PeopleC. CostD. PerformanceE. Both B and D are not typical...

From among the following activities, which is the best example of a project?

From among the following activities, which is the best example of a project? A. Processing insurance claimsB. Producing automobilesC. Writing a term...

Which of the following activities is not considered a project?

Which of the following activities is not considered a project? A. Developing a new software programB. Designing a space stationC. Preparing the site...

Which of the following is not considered to be a characteristic of a project?

Which of the following is not considered to be a characteristic of a project? A. An established objectiveB. A clear beginning and endC. Complex tasksD....

A professional organization for project management specialists is the

A professional organization for project management specialists is the A. PMIB. AMAC. MISD. IPME. PMBOKAnswer: ...

The advent of project management has been most profound in

The advent of project management has been most profound in A. Automobile manufacturingB. ConstructionC. Information technologyD. The U.S. Department...

Which of the following is a common multicriteria selection model?

Which of the following is a common multicriteria selection model? A. ChecklistB. Net Present ValueC. Weighted criteria modelD. Both A and C are correctE....

A major project proposal will likely include all of the following except:

A major project proposal will likely include all of the following except: A. Problem definitionB. Schedule objectiveC. Goal definitionD. Objective...

Which of the following is not true of multi-weighted scoring models?

Which of the following is not true of multi-weighted scoring models? A. Will include quantitative criteriaB. Will include qualitative criteriaC....

In the Snapshot from Practice, Intel's CEO has concentrated Intel's strategy toward?

In the Snapshot from Practice, Intel's CEO has concentrated Intel's strategy toward? A. Creating chips to support the digital device marketB. Eliminating...

Which of the following is the reason(s) why project managers need to understand their organization's mission and strategy?

Which of the following is the reason(s) why project managers need to understand their organization's mission and strategy? A. To make appropriate...

A project screening matrix typically contains all of the following except:

A project screening matrix typically contains all of the following except: A. The list of available projectsB. Specific criteriaC. Weights assigned...

Which of the following is not one of the classifications for assessing a project portfolio?

Which of the following is not one of the classifications for assessing a project portfolio? A. Sacred cowB. Bread-and-butterC. PearlsD. OystersE....

Projects are usually classified into all but one of the following categories. Which one is not one of the typical classifications?

Projects are usually classified into all but one of the following categories. Which one is not one of the typical classifications? A. Compliance...

Which of the following financial models are typically included in project selection?

Which of the following financial models are typically included in project selection? A. PaybackB. Net present valueC. Internal rate of returnD. Both...

Project selection criteria are typically classified as:

Project selection criteria are typically classified as: A. Financial and non-financialB. Short-term and long-termC. Strategic and tacticalD. Required...

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

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...

Which of the following terms is often used to denote a project that a powerful, high-ranking official is advocating?

Which of the following terms is often used to denote a project that a powerful, high-ranking official is advocating? A. Sacred cowB. Pet projectC....

Which of the following is not one of the requirements for successful implementation of strategies through projects?

Which of the following is not one of the requirements for successful implementation of strategies through projects? A. Allocation of resourcesB....

Which of the following would not be classified as an organizational opportunity?

Which of the following would not be classified as an organizational opportunity? A. Increasing product demandB. Excellent employeesC. Emerging marketsD....

Which of the following would not be classified as an organizational threat?

Which of the following would not be classified as an organizational threat? A. Slowing of the economyB. A maturing life cycleC. Poor product qualityD....

The assessment of the external and internal environments is called _______ analysis.

The assessment of the external and internal environments is called _______ analysis. A. SWOT analysisB. CompetitiveC. IndustryD. MarketE. StrategicAnswer: SWOT...

Strategy formulation includes which of the following activities?

Strategy formulation includes which of the following activities? A. Determining alternativesB. Creating profitability targetsC. Evaluating alternativesD....

Which of the following is not one of the traditional components found in mission statements?

Which of the following is not one of the traditional components found in mission statements? A. Major products and servicesB. ProfitabilityC. Target...

Which of the following questions does the organization's mission statement answer?

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...

Which of the following is the correct order for the strategic management process?

Which of the following is the correct order for the strategic management process? A. Strategies, mission, goals, projectsB. Goals, projects, mission,...

Which of the following is not true for strategic management?

Which of the following is not true for strategic management? A. It should be done once each year just before developing the operating planB. It supports...

The textbook indicated that ________ is the major dimension of strategic management.

The textbook indicated that ________ is the major dimension of strategic management. A. Responding to changes in the external marketB. Allocating...

In today's business environment, project managers find it valuable to have a keen understanding of

In today's business environment, project managers find it valuable to have a keen understanding of A. Strategic managementB. Technical issuesC. Project...

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:

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...

Which of the following is a main reason why project managers need to understand their organization's mission and strategy?

Which of the following is a main reason why project managers need to understand their organization's mission and strategy? A. They can better focus...

The intended outcome of strategy/projects integration is

The intended outcome of strategy/projects integration is A. Clear organization focusB. Best use of scare organization resourcesC. Improved communication...

A critical factor to ensure the success of integrating the strategic plan with projects lies in a process that

A critical factor to ensure the success of integrating the strategic plan with projects lies in a process that A. Is open and published for all participants...

Which of the following is true for organizations that have a coherent link of projects to strategy?

Which of the following is true for organizations that have a coherent link of projects to strategy? A. There is more cooperation across the organizationB....