Test Bank

Project Management: Achieving Competitive Advantage, 3e (Pinto)
Chapter 1 Introduction: Why Project Management?

1.1 True/False Questions

1) Projects, rather than repetitive tasks, are now the basis for most value-added in business.
Answer: TRUE
Diff: 1
Section: 1.0 Introduction
Skill: Factual
AACSB Tag: Reflective

2) Projects are typically ongoing, day-to-day activities that have goods and services as outputs.
Answer: FALSE
Diff: 2
Section: 1.1 What Is a Project?
Skill: Definition
AACSB Tag: Reflective

3) A typical project stays within functional and organizational boundaries.
Answer: FALSE
Diff: 2
Section: 1.1 What Is a Project?
Skill: Definition
AACSB Tag: Reflective

4) The special nature of projects relieves project managers from their routine of planning, organizing, motivating, directing, and controlling.
Answer: FALSE
Diff: 2
Section: 1.1 What Is a Project?
Skill: Factual
AACSB Tag: Reflective

5) A project exists outside of the standard line organization.
Answer: TRUE
Diff: 2
Section: 1.1 What Is a Project?
Skill: Factual
AACSB Tag: Reflective

6) Product life cycles are longer now than twenty years ago.
Answer: FALSE
Diff: 2
Section: 1.2 Why Are Projects Important?
Skill: Factual
AACSB Tag: Reflective
7) The emergence of global markets has made project management skills more critical.
Answer: TRUE
Diff: 1
Section: 1.2 Why Are Projects Important?
Skill: Factual
AACSB Tag: Reflective

8) Since a business gains market share with day-to-day operations, senior managers value process management experience over project management experience.
Answer: FALSE
Diff: 1
Section: 1.2 Why Are Projects Important?
Skill: Factual
AACSB Tag: Reflective

9) The initial goal and technical specifications of the project are developed during the planning stage.
Answer: FALSE
Diff: 2
Section: 1.3 Project Life Cycles
Skill: Factual
AACSB Tag: Reflective

10) Client