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Project Management

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Project Management
ch17-Project Management
1. Good project management is especially important with virtual teams.
TRUE
Virtual teams face challenges that make project management especially important.
2. One way that project management differs from management of more traditional activities is because of the limited lifetime of projects.
TRUE
Projects have lifetimes that are typically shorter than other business endeavors.
3. Once a project is approved and underway, project managers are only responsible for effectively managing time and costs which, if done well, will assure project completion on time and on budget.
FALSE
Managers also are responsible for assuring performance targets are met.
4. Matrix organizations transfer control of workers to project managers for the duration of the project.
FALSE
In matrix organizations, workers are shared by functional and project managers.
5. Some organizations use a matrix organization to integrate the activities of specialists within a functional framework.
TRUE
The matrix organization is useful in integrating specialists into projects.
6. The project computing algorithm requires both a forward and backward pass.
TRUE
Both passes are necessary to find critical path activities.
7. A hierarchical (vertical) listing of what must be done during a project is called matrix.
FALSE
This is called the work breakdown structure.
8. An advantage of Gantt charts in project management is that they identify which activities can be delayed without delaying the overall project.
FALSE
Gantt charts cannot show sequential relationships.
9. A Gantt chart is built using established precedence relationships.
FALSE
Gantt charts cannot show sequential relationships.
10. The higher the node number, the longer the activity will take.
FALSE
The higher the node number, the later the activity will occur.
11. The probability of occurrence of risk events is lower near the beginning of a project and higher near the end of the project

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