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27 terms

Project Management (Ch. 1-3, 6)

Quiz questions based on chapters 1,2,3,6 of "Project Management: A Managerial Approach" by Meredith and Mantel. Sixth Edition
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scope creep
Rising client expectations during execution of a project may lead to a condition known as
Performance, lifecycle, uniqueness, conflict, interdependencies
Five attributes that characterize a project include:
performance
With respect to project goals throughout the project's lifecycle, early in the lifecycle, the project team's focus should be on how to achieve the required ________.
termination
An important implication of the project lifecycle concept is that a project will resist ________ of its existence
performance
According to the authors, the prime objectives of project management are cost, time and
Numeric and nonnumeric
The text identifies two basic types of project selection models. They are
Cover its hurdle rate
If the NPV for a project is > 0, it indicates that the project will
unwanted reality
The process of modeling a problem seeks to carve away the ________ from the bones of a problem
objective
Reference to an external standard is necessary when taking an ________ measurement.
derivative
According to Wheelwright and Clark, ________ projects have objectives or deliverables that are only incrementally different in both product and process from existing offerings.
methodology
The RFP solicitation document includes information about price and ________.
politics
The mechanism by which the people in organizations make decisions is known as ________.
not well understood and not routine
According to the authors, a Type 2 project is
administrative
The project manager needs to possess technical and ________ credibility
Design or formation stage
During the ________ stage of the project lifecycle, there is no significant difference in the importance that project managers place on the three goals of cost, time, and performance.
system
A set of interrelated components that accept inputs and produce outputs in a purposeful manner is called a ________.
schedule
During the build-up stage of a project lifecycle, __________is the dominant goal of many project managers.
institutions
Culture contains the following four elements: technology, ________, language, and arts.
aesthetic values
Art is the aspect of culture that communicates the ________ of the culture
Conflicts between allies
Within the organization, conflicts are viewed as
Earliest due date
If a resource conflict arises between two high-priority projects, precedence is typically given to the project with the
clarity
During project formation, lack of ________ about the relative power/influence/authority of the PM and the functional managers is a major component of all conflicts involving technical decisions, resource allocation, and scheduling.
build-up
The project should move from a general concept to a highly detailed set of plans during the project ________ phase.
strong
During project build-up, the project manager seeks a commitment of people from the functional departments when the ________ matrix organizational structure is used to manage the project.
weak
During project build-up, the project manager seeks a commitment of work from the functional departments when the ________ matrix organizational structure is used to manage the project.
main program
The need to manage technical interfaces and to correct incompatibilities is likely to create technical conflicts during the __________ phase of the project lifecycle.
build-up
The total level of conflict in the project lifecycle is the highest during the project _____ stage.