question

It is important for project managers to focus on indirect costs because they can be easily controlled.

answer

False

question

A project's stakeholders includes its customers, users, and suppliers.

answer

True

question

An activity is an element of work that has an expected duration, cost, and resource requirements.

answer

False, Task

question

Project scope management includes the processes involved in defining and controlling what is or is not included in a project.

answer

True

question

Project schedules grow out of basic documents such as the project charter.

answer

True

question

The only responsibility of a project manager is to meet the specific scope, time, and cost goals of a project.

answer

False

question

In project time management, the primary output of defining activities is a schedule management plan.

answer

False

question

It is important for the activity list and activity attributes to be in agreement with the work breakdown structure.

answer

True

question

In project time management, the next step after sequencing activities is to define these activities.

answer

False

question

Projects should be developed in increments

answer

True

question

Questions about how a team will track schedule performance is related to a project's scope.

answer

False

question

Deliverables are only product-related, such as a piece of hardware or software.

answer

False

question

A project manager's primary role is to provide the funding for a project.

answer

False

question

To define activities, the project team should start with reviewing the schedule management plan, scope baseline, enterprise environmental factors, and organizational processes.

answer

True

question

Extrinsic motivation causes people to participate in an activity for their own enjoyment.

answer

False

question

The primary output of the planning cost management process is a change request.

answer

False

question

A difference between operations and projects is that operations end when their objectives have been reached, whereas projects do not.

answer

False

question

Risks can have both negative and positive effects on meeting project objectives.

answer

True

question

Intangible costs can be easily measured in monetary terms.

answer

False

question

One of the main reasons why project management is challenging is because of the factor of uncertainty.

answer

True

question

Milestones are easy to achieve and are always achieved through one main activity

answer

False

question

After defining project activities, the next step in project time management is developing the schedule

answer

False

question

Project managers must conduct cash flow analysis to determine net present value.

answer

True

question

Maslow suggests that each level of the hierarchy of needs is not necessarily a prerequisite for the levels above.

answer

False

question

Overrun is the additional percentage amount by which estimates exceed actual costs.

answer

False

question

When deciding what projects to invest in or continue, one should include sunk costs.

answer

False

question

IT project managers must be able to present and discuss project information both in financial and technical terms.

answer

True

question

The project's size, complexity, importance, and other factors will not affect how much effort is spent on collecting requirements for scope planning.

answer

False

question

Assignment, budget, promotion, money, and penalty influence bases are automatically available to project managers as part of their position.

answer

False

question

If an important supplier goes out of business, management reserves can be set aside to cover the resulting costs.

answer

True

question

Managing the triple constraint primarily involves making trade-offs between resources and quality.

answer

False

question

Scope refers to all the work involved in creating the products of the project and the processes used to create them

answer

True

question

A schedule management plan includes information which describes the format and frequency of schedule reports required for the project.

answer

True

question

Contingency plans are predefined actions that the project team will take if an identified risk event occurs.

answer

True

question

In order to be realistic, a project manager should always set discrete goals instead of a range of objectives.

answer

False

question

Unknown risks can be managed proactively.

answer

False

question

Opponents of a project do not belong to the category of stakeholders.

answer

False

question

Resources in a project should be used effectively because they are limited.

answer

True

question

Every project should have a well-defined objective.

answer

True

question

The scope management plan can be informal and broad or formal and detailed, based on the needs of the project.

answer

True

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