MGMT620 Week 1 Quiz Latest 2024

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Subject: Business
Due on: 05/16/2024
Posted On: 05/16/2024 03:08 AM
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MGMT620 week 1 Quiz: Introduction to Project Evaluation/Assessment

Question 1

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

Sacred cow

Pet project

Political necessity

Special undertaking

Strategic ploy

Question 2

The process of assessing "what we are" and deciding and implementing "what we intend to be and how we are going to get there" is ______________.

strategic management

vision and mission setting

reflection and inquiry

goal and objective clarity

mission assessment

Question 3

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

Major products and services

Profitability

Target customers and markets

Geographic domain

Contribution to society

Question 4

Organizational objectives set targets for all levels of the organization not just for top management.

true

false

Question 5

When considering criteria used to select projects, capturing a larger market share or reducing the dependency on unreliable suppliers would both be examples of __________ criteria.

Financial

Nonfinancial

Operational

Supplier

Multiple

Question 6

In some cases, organizations will use a(n) __________ to solicit ideas for projects when the knowledge requirements for the project are not available in the organization.

RFQ (Request for Quote)

RFP (Request for Project)

RFP (Request for People)

RFP (Request for Proposal)

Question 7

If a proposed project does not meet one of the designated "must" objectives it should be immediately removed from consideration.

true

false

Question 8

The lack of understanding and consensus of organization strategy among top and middle-level managers is known as the __________.

priority confusion

implementation gap

lack of consensus

lack of comprehension

lack of comprehension and consensus

Question 9

The WBS is best suited for projects that have a tangible outcome. Which of the following is used when the final outcome of the project is less tangible or is a product of a series of steps or phases?

Responsibility matrix

Organization breakdown structure

A work breakdown structure is still effective for these types of projects.

Priority matrix

Process breakdown structure

Question 10

Taking advantage of opportunities to reduce costs or accelerate the schedule are examples of project criteria classified as ____________.

enhanced

accepted

constrained

static

unchangeable

Question 11

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

scope erosion.

scope creep.

project bloat.

scope enhancement.

project add-ons.

Question 12

In regard to project priorities, if a project parameter such as the completion date or the cost of a project is fixed and must be met, it is considered ____________.

enhanced

accepted

constrained

static

unchangeable

Question 13

Which of the following items on the Project Scope Checklist answers the question “What end result is wanted?”

Project objective

Product scope description

Justification

Deliverables

Milestones

Question 14

If a project criterion should be optimized if at all possible, it is classified as being constrained.

true

false

Question 15

A document that is issued by upper management and provides the project manager with written authority to use organizational resources for project activities is called a(n) __________.

project charter

statement of work

requirements document

project plan

scope statement

Question 16

The WBS is best suited for design and construction projects that have tangible outcomes. When the final outcome of the project is less tangible or it is the result of a series of steps or phases, some project managers choose to utilize a(n) ___________.

Work Breakdown Structure (WBS) Modified

 Process Breakdown Structure (PBS)

Organization Breakdown Structure (OBS)

Project Priority Matrix (PPM)

Responsibility Matrix (RM)

Question 17

A key aspect to communication plans are that they allow the project manager and the project team to

meet deadlines more effectively.

focus on defect resolution.

effectively control costs on the project.

actively control the flow of information.

be more creative in their communications.

Question 18

Research indicates that high-performance project teams are much more likely to develop under certain conditions. One of these conditions is that members are assigned to the project _______ time.

part

full

split

over

by ending

Question 19

When a project manager intervenes and tries to negotiate a resolution by using reasoning and persuasion and suggesting alternatives, he or she is ___________ the conflict.

mediating

arbitrating

controlling

accepting

eliminating

Question 20

Project managers should manage ___________ conflict.

functional

dysfunctional

creative

diverse

emotional

Question 21

During which stage of team development do team members establish ground rules and try to find out what behaviors are acceptable and what performance expectations are?

Norming

Storming

Performing

Adjourning

Forming

Question 22

An image a project team holds in common about how the project will look upon completion, how they will work together, and/or how customers will accept the project is known as a __________. It is a less tangible aspect of project performance.

vision

identity

characteristic

ritual

discipline

Question 23

When project managers impose a solution to dysfunctional conflict after listening to each party, they are __________ the conflict.

eliminating

controlling

mediating

arbitrating

encouraging

Question 24

When reaching a decision during the group decision-making process, the project manager must build a consensus among the group and can do this by all of the following EXCEPT

if time becomes a factor, they must make an informed final decision after everyone's ideas have been heard.

provide periodic summaries to help the group keep track of its progress.

protect those members who represent the minority view.

guarantee that everyone has the opportunity to share opinions.

manage any conflict that may arise.

Question 25

Every project has the same potential to evolve into a high-performance team.

true

false

 

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