Bus517 Midterm Exam Part 1 & 2

Jul 28th, 2016
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PART 1 Question 1 The advent of project management has been most profound in Answer Automobile manufacturing Construction Information technology The U.S. Department of Defense Film making Question 2 Which of the following is the number one characteristic that is looked for in management candidates? Answer Overall intelligence Works well with others Experience Past successes Good reference Question 3 In which of the following stages are project objectives established, teams formed, and major responsibilities assigned? Answer Conceptualizing Defining Planning Executing Delivering Question 4 Project management is ideally suited for a business environment requiring all of the following except Answer Accountability Flexibility Innovation Speed Repeatability Question 5 A common rule of thumb in the world of high-tech product development is that a six-month project delay can result in a loss of product revenue share of ___ percent. The waste on failed projects

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Bus517 Midterm Exam Part 1 & 2PART 1Question 1The advent of project management has been most profound inAnswerAutomobile manufacturingConstructionInformation technologyThe U.S. Department of DefenseFilm makingQuestion 2Which of the following is the number one characteristic that is looked for in managementcandidates?AnswerOverall intelligenceWorks well with othersExperiencePast successesGood referenceQuestion 3In which of the following stages are project objectives established, teams formed, and majorresponsibilities assigned?AnswerConceptualizingDefiningPlanningExecutingDeliveringQuestion 4Project management is ideally suited for a business environment requiring all of the followingexceptAnswerAccountabilityFlexibilityInnovationSpeedRepeatabilityQuestion 5A common rule of thumb in the world of high-tech product development is that a six-monthproject delay can result in a loss of product revenue share of ___ percent. The waste on failedprojects and cost overruns is estimated in the neighborhood ofAnswer1020334550Question 6Which of these is not part of the "technical dimension" of project management?AnswerWBSBudgetsProblem solvingSchedulesStatus reportsQuestion 7From among the following activities, which is the best example of a project?AnswerProcessing insurance claimsProducing automobilesWriting a term paperCompleting a college degreeAll of these are good examples of projectsQuestion 8Which of the following a

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