Question 1A baseline is the project’s scope fixed at a specific point in time.TrueFalse

Question 1A baseline is the project’s scope fixed at a specific point in time.TrueFalse——————————————————————————————————————————————Question 2The scope baseline is a document that provides a summary description of each reporting relationship along with a schedule for meetings and reports.TrueFalse——————————————————————————————————————————————Question 3Most 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.TrueFalse——————————————————————————————————————————————Question 4The present value of money is lower the further out in the future I expect to spend it.TrueFalse——————————————————————————————————————————————Question 5The BEST time to establish reasonable controls is when they are first needed during the project.TrueFalseSave——————————————————————————————————————————————Question 6A company’s culture has little impact on whether projects are successfully implemented.TrueFalseQuestion 7The late start time should be calculated using a forward pass through the network.TrueFalse——————————————————————————————————————————————Section 2 – Multiple ChoiceQuestion 8A project typically has:A)A defined start and end date.B)A defined start date but no defined end date.C)No defined start but a defined end date.D)No defined start or end date.——————————————————————————————————————————————Question 9Which of these is NOT characteristic of a project?A)Projects are responsible for the newest and most improved products, services, and organizational processes.B)Projects are ad hoc endeavors with a clear life cycle.C)Projects provide a philosophy and strategy for the management of change.D)Traditional process management functions of planning, organizing, and controlling do not apply to project management.——————————————————————————————————————————————Question 10The behavioral side of project management emphasizes:A)Project selection.B)Leadership.C)Scheduling.D)Planning.——————————————————————————————————————————————Question 11A strategic perspective on project management might ask which of the following questions prior to undertaking a project?A)Can we define the problem?B)Do we have the necessary budget for this project?C)What is our corporate culture?D)Does this project support the company vision?——————————————————————————————————————————————Question 12The management department at the university decides to add a new program in restaurant, hotel, and institutional management. As part of the development process they hold focus groups consisting of area business leaders, current and former students, and restaurant and hotel owners. These groups can be described as:A) Project leaders.B) Project workers.C) Stakeholders.D) Clients.——————————————————————————————————————————————Question 13Which of the following is NOT an element of organizational structure?A)Well-articulated mission, vision, and value statements.B)Formal reporting relationships.C)Grouping together of individuals into departments.D)Systems designed to ensure effective communication.——————————————————————————————————————————————Question 14Which statement regarding project selection is BEST?A)Organizational reality can be perfectly captured by most decision-making models.B)Before selecting any project, the team should identify all the relevant issues that play a role in project selection.C)Decision models must contain either objective or subjective factors.D)Every decision model has both objective and subjective factors.——————————————————————————————————————————————Question 15Which of the following is a direct cost?A)RentB)Depreciation on equipmentC)LaborD)Health benefitsQuestion 16Which of these lists of duties is more reflective of managerial tasks?A)Creating vision and strategies.B)Problem solving.C)Long-term risk taking,D)Communication by word and deed.——————————————————————————————————————————————Question 17Projects are often underfunded in the concept stage because:A)The project requirements were deliberately understated.B)There is complete trust in project managers by top management so more resources can be asked for at any time.C)The project’s goals are too clearly defined.D)The project’s top management sponsor is too influential.——————————————————————————————————————————————Question 18Prior to creating a network, it is important to:A)Identify all loops through activities.B)Identify the pary responsible for each activity.C)Calculate the float for each activity.D)Understand the activity precedence.——————————————————————————————————————————————Section 3 – Short Answer/Essay -Question 19Describe or define any four important attributes for screening models used to evaluate projects.——————————————————————————————————————————————Question 20What are key differences between projects and processes?——————————————————————————————————————————————Question 21What are the three types of organizations presented by the author and how are they different?——————————————————————————————————————————————Question 22What are the advantages and disadvantages of using a functional structure to manage a project?——————————————————————————————————————————————Question 23What is the purpose of controls? Describe any three types of control systems.——————————————————————————————————————————————Question 24What are the characteristics of effective project teams?——————————————————————————————————————————————Question 25Describe the four things that are necessary to promote the partnership idea between the project manager and the team.