Project Management

Front

A _________ is a short-term undertaking that creates a unique good or service.

Back

project

Front

Each project generates a specific _________, or quantifiable result. This may be anything—a new creation, an improved product,

Back

deliverable

Front

A project by definition, is a ________ endeavor that has a definite beginning and a definite end.

Back

short-term

Front

For a car company, designing a new car would be a project. Manufacturing that car, however, would fall under ___________.

Back

business operations

Front

Why are projects so important to businesses?

Back

To stay dynamic, competitive and flexible

Front

Which of the following is NOT one of the three types of projects? To enhance marketing strategies, Projects that are a major departure from existing projects., Projects to enhance, add to, or extend existing projects., Projects that use entirely new technology.

Back

To enhance marketing strategies

Front

Of the three types of projects, which refers to a project that is a major departure from existing projects? Options: Producing a special edition of your favorite musical artist’s latest album, Music transitioning from CDs to MP3s to digital streaming, Your favorite artist’s next album with new songs

Back

Your favorite artist’s next album with new songs

Front

Despite the differences in purpose, context, and circumstances, every project consists of three main elements. Which is NOT one of the elements? Resources, Schedule, Budget Allocations, Outcome

Back

Budget Allocations

Front

The goal of project management is to ensure......

Back

efficient, effective completion of a project

Front

True or False: Project management includes skills, tools, and processes used to plan, execute, and control the elements of a project.

Back

True