Test Bank For Operations And Supply Chain Management The Core 4th Edition

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4th Edition
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Test bank
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Description

Test Bank For Operations And Supply Chain Management The Core 4th Edition

1. Project management can be defined as planning, directing, and controlling resources to meet the technical, cost, and time constraints of the project.

TRUE

Project management can be defined as planning, directing, and controlling resources (people, equipment, material) to meet the technical, cost, and time constraints of the project.

AACSB: Reflective Thinking

Bloom’s: Remember

Difficulty: 1 Easy

Learning Objective: 05-01

Topic: What Is Project Management?

2. A project may be defined as a series of related jobs directed toward some major output and requiring a significant period of time to perform.

TRUE

A project may be defined as a series of related jobs usually directed toward some major output and requiring a significant period of time to perform.

AACSB: Reflective Thinking

Bloom’s: Remember

Difficulty: 1 Easy

Learning Objective: 05-01

Topic: What Is Project Management?

3. The second step in managing a project is writing the Statement of Work.

FALSE

A project starts out as a statement of work

AACSB: Reflective Thinking

Bloom’s: Remember

Difficulty: 1 Easy

Learning Objective: 05-02

Topic: Managing Projects

4. An event unit package is a subdivision of a project.

FALSE

There is no such item as an event unit package described in the text

AACSB: Reflective Thinking

Bloom’s: Remember

Difficulty: 2 Medium

Learning Objective: 05-02

Topic: Managing Projects

5. Complex projects are often subdivided into a series of tasks that are typically configured to be not longer than several months in duration.

TRUE

A task is a subdivision of a project. It is usually not longer than several months in duration and is performed by one group or organization.

AACSB: Reflective Thinking

Bloom’s: Remember

Difficulty: 1 Easy

Learning Objective: 05-02

Topic: Managing Projects

6. A work breakdown structure is used in project management but it is not used when the critical path method is involved.

FALSE

Activities are identified as part of the work breakdown structure. Activities are also the essence of the Critical Path Method. Hence, the work breakdown structure is used when the critical path method is involved.

AACSB: Analytic

Bloom’s: Create

Difficulty: 2 Medium

Learning Objective: 05-02

Topic: Managing Projects

7. The fact that organizations are flattening is one of the reasons that project management is important.

TRUE

As organizations flatten (through reengineering, downsizing, outsourcing), more will depend on projects and project leaders to get work done, work that previously was handled within departments.

AACSB: Reflective Thinking

Bloom’s: Remember

Difficulty: 1 Easy

Learning Objective: 05-01

Topic: What Is Project Management?

8. The Gantt chart is an example of a project control chart.

TRUE

Gantt charts, sometimes referred to as bar charts, show both the amount of time involved and the sequence in which activities can be performed.

AACSB: Reflective Thinking

Bloom’s: Remember

Difficulty: 2 Medium

Learning Objective: 05-02

Topic: Managing Projects

9. Upper level management must decide between pure, functional, and matrix structures as ways to organize projects.

TRUE

Before the project starts, senior management must decide which of three organizational structures will be used to tie the project to the parent firm: pure project, functional project, or matrix project.

AACSB: Reflective Thinking

Bloom’s: Remember

Difficulty: 2 Medium

Learning Objective: 05-02

Topic: Managing Projects

10. One of the disadvantages of a pure project organizational structure is that the project manager has full authority over the project.

FALSE

The project manager having full authority over the project is listed as an advantage in the text.

AACSB: Reflective Thinking

Bloom’s: Remember

Difficulty: 2 Medium

Learning Objective: 05-02

Topic: Managing Projects

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