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53 Cards in this Set
- Front
- Back
The growing demand for a broad range of complex, sophisticated, customized goods and services would have which of the following implications for the management of projects in modern organizations? |
Project managers are dependent on teams to plan and execute projects. |
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Identify the example that would not usually be considered a project. |
manufacturing cars on a large scale |
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According to the authors, the prime objectives of project management are cost, time, and __________. |
specified deliverables |
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The term “program” refers to an exceptionally large, long-range objective that is broken down into a set of __________. |
projects |
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Five attributes that characterize a project include __________. |
scope, life cycle, uniqueness, conflict, and interdependencies |
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The mission of the __________ is to foster the growth of project management and build professionalism in the field. |
Project Management Institute |
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Which of the following statements is false about projects? |
Conflict does not arise for most projects. |
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Which of the following is not a current trend observed in project management? |
fewer dynamic, or ill-defined projects |
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Rising client expectations during execution of a project may lead to a condition known as __________. |
scope creep |
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A project is a temporary endeavor undertaken to create a unique __________. |
product, service, or result |
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Having only partial or no information about a situation or outcome, often due to ambiguity or complexity is known as __________. |
uncertainty |
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With respect to project goals throughout the project’s life cycle, early in the life cycle, the project team’s focus should be on how to achieve the required __________. |
performance |
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An important implication of the project life cycle concept is that a project will resist __________ of its existence. |
termination |
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Because the customer is not a member of the performing organization, the customer is not a stakeholder of the project. |
False |
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The pattern of progress observed in every project life cycle can be explained by the S-curve that exhibits a cumulative pattern of slow-rapid-slow progress. |
False |
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The conventional project life cycle can be described as a pattern of cumulative progress that is slow-rapid-slow progress. |
True |
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Earned value is based on the concept that the percentage of project completion is closely correlated with cost or with the use of resources. |
True |
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In a conventional project life cycle, as work progresses, uncertainty about the expected outcome should increase. |
False |
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Project management provides an organization with powerful tools that improve its ability to plan, implement, and control its activities. |
True |
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In general, projects today are getting smaller and smaller. |
False |
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The authors identify three forces that combine to mandate the use of teams to solve problems. Identify the force that the authors did not name. |
The interaction of supply and demand |
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. Identify the example that would not usually be considered a project. |
Manufacturing automobiles |
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According to the authors, the prime objectives of project management are |
Performance, cost, time |
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According to the authors, this organization has played a significant role in the development of techniques for project management. |
The military |
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The military uses the term __________ to refer to an exceptionally large, long-range objective that is broken down into a set of projects. |
Program |
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The five attributes that characterize a project are: |
Purpose, lifecycle, uniqueness, conflict, interdependencies |
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The authors identify four parties at interest in any project. These stakeholders are |
Client, parent organization, project team, public |
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The pattern of progress observed during the project lifecycle is often explained by _________. |
The changing levels of resources used during successive stages of the project lifecycle |
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The conventional project lifecycle can be described as a pattern of cumulative progress that is ____________. |
Slow-rapid-slow progress |
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Earned value is based on the concept that the percentage of project completion is closely correlated with __________. |
Cost or the use of resources |
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In a conventional project lifecycle, as work progresses uncertainty about the expected outcome should _________. |
Decrease |
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The desired outcomes or results of a project are called ____________. |
Deliverables |
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A sub-element of a task, the ________ will be accomplished in order to achieve the objectives of the task. |
A work package |
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The boundaries of a lifecycle are determined by its _______ and its ________. |
Start date and stop date |
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The project to construct a highway is unique because ________. |
The characteristics of terrain will change |
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________ occurs when the expectations of the client increase as the project progresses. |
scope creep |
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The ANSI standard for project management is documented in the publication known as ________. |
The PMBOK Guidelines |
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This organization has the responsibility for maintaining and publishing The PMBOK Guidelines. |
Project Management Institute, also known as PMI |
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A ________ is a temporary endeavor undertaken to create a unique product or service. |
project |
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Individuals or groups with a special interest in a project are called ________. |
Parties-at-interest or stakeholders |
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The chance that outcomes will not turnout as planned is called ________. |
Risk |
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Having incomplete information about a situation or outcome is known as ________. |
Uncertainty |
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Relations between organizational functions where one function or task is dependent on others is known as ________. |
Interdependence |
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According to the hierarchical nomenclature described in the text, projects can be decomposed into ________. |
tasks |
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With respect to project goals, early in the project lifecycle the project team should be focused on ________. |
how to achieve the required performance |
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The shape of cumulative progress in a conventional project lifecycle is best described using a graph called the ________. |
S-curve or relative cumulative frequency distribution |
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The ________ project is generally credited with beginning the era of modern project management. |
Manhattan |
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An important implication of the project lifecycle concept is that a project will resist __________ of its existence. |
termination |
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Conflicting expectations among stakeholders related to performance, cost, and time will require the project manager to make appropriate ____________ in order to balance competing demands related to these objectives. |
trade-offs |
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Discuss the factors that have contributed to the growth of the Project Management Institute. |
The complexity of problems faced by the project manager and the rapid growth in the number project-oriented organizations has contributed to the professionalization of project management. The growth in membership reflects the growth in the use of projects as well as the importance of PMI in the development of project management as a profession. The mission of PMI is to foster the growth of project management and to build professionalism in the field. PMI is responsible for codifying the areas of learning required for competent project management. In this capacity, PMI maintains the PMBOK Guidelines, which serve as the ANSI standard in North America for project management. The PMI maintains certification standards such as the designation for PMP, which is the acronym for Project Management Professional. |
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Explain why it is important for the project team to understand the purpose of a project. |
Given the complexity of modern projects and the need for an interdisciplinary approach to problem solving, the uncertainties of executing projects make it impractical to give specific instructions regarding every aspect of project execution. Therefore, team members will need to fill gaps in information by making decisions that support project objectives. If team members understand the purpose of the project, there is an increased probability that those decisions will support project success. |
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Explain the conflict that often exists between the client and the parent organization. |
As the project is executed, clients will often request that changes be made in the project’s outputs. On the other hand, the parent organization is seeking to make a profit by performing the work required to produce those outputs. If the changes are made, the level of profitability may be reduced. This creates a natural antagonism between the client and the parent organization. |
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Name four benefits of project management. |
The project form of organization allows the project manager to be responsive to (1) the client and the environment, (2) identify and correct problems at an early date (3) make timely decisions about trade-offs between conflicting project goals, and (4) ensure that managers of the separate tasks that comprise the project do not optimize the performance of their individual tasks at the expense of the total project. |