Test Bank For Operations And Supply Chain Management The Core 5th Edition

Description

Test Bank For Operations And Supply Chain Management The Core 5th Edition

Chapter 5 Projects

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

Answer: TRUE
Explanation: 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.
Difficulty: 1 Easy
Topic: What Is Project Management?
Learning Objective: 05-01 Explain what projects are and how projects are organized.
Bloom’s: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation

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.

Answer: TRUE
Explanation: 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.
Difficulty: 1 Easy
Topic: What Is Project Management?
Learning Objective: 05-01 Explain what projects are and how projects are organized.
Bloom’s: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation

3) The second step in managing a project is writing the statement of work.

Answer: FALSE
Explanation: A project starts out as a statement of work
Difficulty: 1 Easy
Topic: Managing Projects
Learning Objective: 05-02 Evaluate projects using earned value management.
Bloom’s: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation

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

Answer: FALSE
Explanation: There is no such item as an event unit package described in the text.
Difficulty: 2 Medium
Topic: Managing Projects
Learning Objective: 05-02 Evaluate projects using earned value management.
Bloom’s: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation

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

Answer: TRUE
Explanation: 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.
Difficulty: 1 Easy
Topic: Managing Projects
Learning Objective: 05-02 Evaluate projects using earned value management.
Bloom’s: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation

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

Answer: FALSE
Explanation: 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.
Difficulty: 2 Medium
Topic: Managing Projects
Learning Objective: 05-02 Evaluate projects using earned value management.
Bloom’s: Create
AACSB: Analytical Thinking
Accessibility: Keyboard Navigation

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

Answer: TRUE
Explanation: 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.
Difficulty: 1 Easy
Topic: What Is Project Management?
Learning Objective: 05-01 Explain what projects are and how projects are organized.
Bloom’s: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation

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

Answer: TRUE
Explanation: Gantt charts, sometimes referred to as bar charts, show both the amount of time involved and the sequence in which activities can be performed.
Difficulty: 2 Medium
Topic: Managing Projects
Learning Objective: 05-02 Evaluate projects using earned value management.
Bloom’s: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation

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

Answer: TRUE
Explanation: 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.
Difficulty: 2 Medium
Topic: Managing Projects
Learning Objective: 05-02 Evaluate projects using earned value management.
Bloom’s: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation

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

Answer: FALSE
Explanation: The project manager having full authority over the project is listed as an advantage in the text.
Difficulty: 2 Medium
Topic: Managing Projects
Learning Objective: 05-02 Evaluate projects using earned value management.
Bloom’s: Remember
AACSB: Reflective Thinking
Accessibility: Keyboard Navigation