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MGMT627MCQsforQuizes
MGMT627 - Project Management
Midterm MCQ’s

1.1 True/False

1) Projects, rather than repetitive tasks, are now the basis for most value-added in business.
Answer: TRUE

2) Projects have a process orientation.
Answer: FALSE

3) A typical project stays within functional and organizational boundaries.
Answer: FALSE

4) The special nature of projects relieves project managers from their routine of planning, organizing, motivating, directing, and controlling.
Answer: FALSE

5) A project exists outside of the standard line organization.
Answer: TRUE

6) The initial goal and technical specifications of the project are developed during the planning stage.
Answer: FALSE

7) Client interest in a project is highest during the termination and conceptual phases.
Answer: TRUE

8) The classic triple constraint standard for project performance is composed of time, cost, and client acceptance.
Answer: FALSE

9) The business success dimension of project success determines whether the project achieved significant commercial success.
Answer: TRUE

10) The Atkinson model for assessing project success gathers input from all of the project 's stakeholders.
Answer: TRUE

11) The use of benchmarking allows companies that are relatively immature at project management to achieve quantum leaps of improvement.
Answer: FALSE

12) Most effective project maturity models chart both a set of standards that are currently accepted as state-of-the-art as well as a process for achieving significant movement towards these benchmarks.
Answer: TRUE

13) Acme uses no recognizable project management processes and has entertaining project meetings because each member has a unique way of reporting progress or lack thereof. Acme is most likely at the moderate level in the generic project management maturity model.
Answer: FALSE

14) Any organization, no matter how initially unskilled in project management, can begin to chart a course toward the type of project organization they wish to become.

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