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Management of Innovation and Change Final Test Solutions - 1197 Verified Questions

Page 1


Management of Innovation and Change Final

Test Solutions

Course Introduction

Management of Innovation and Change explores the strategies, processes, and leadership skills necessary for successfully navigating and implementing innovation within organizations. The course examines theories and models of innovation, the dynamics of organizational change, and the key factors that drive successful adaptation in fast-evolving markets. Students will analyze case studies, learn practical frameworks for fostering a culture of innovation, and develop techniques for overcoming resistance to change, ensuring that businesses can remain competitive and resilient in the face of ongoing transformation.

Recommended Textbook

Successful Project Management 6th Edition by Jack Gido

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13 Chapters

1197 Verified Questions

1197 Flashcards

Source URL: https://quizplus.com/study-set/3621

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Chapter 1: Project Management Concepts

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79 Verified Questions

79 Flashcards

Source URL: https://quizplus.com/quiz/71896

Sample Questions

Q1) A stakeholder has concerns about a project, the project team should

A)wait for the stakeholder to contact the project manager about the concern.

B)prepare a defense for their project decisions.

C)write letters to all the stakeholders to not worry about the project.

D)be proactive and contact the stakeholder.

Answer: D

Q2) Quality expectations are only defined at the start of the project.

A)True

B)False

Answer: False

Q3) The usually states the time by which a project scope must be completed in terms of the specific date agreed upon by the sponsor.

A)Project schedule

B)Project objective

C)Task timetable

D)Project scope

Answer: B

Q4) Give an example of a project objective.

Answer: Answers will vary.Response includes a deliverable, schedule, and budget.

To view all questions and flashcards with answers, click on the resource link above. Page 3

Chapter 2: Identifying and Selecting Projects

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70 Verified Questions

70 Flashcards

Source URL: https://quizplus.com/quiz/71897

Sample Questions

Q1) It is fair to meet with potential contractors and provide information about the potential project while developing the RFP.

A)True

B)False

Answer: True

Q2) The project objective in the project charter indicates the deliverable, schedule, and budget for a project.

A)True

B)False

Answer: True

Q3) The initiating phase of the project life cycle starts with recognizing a need.

A)True

B)False

Answer: True

Q4) An assumption for a construction project could be

A)the materials to be used to construct the building.

B)a grant will be secured to help fund the project.

C)the regulations and codes required for the building.

D)the size of the building that is to be constructed.

Answer: B

Page 4

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Chapter 3: Developing Project Proposals

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112 Verified Questions

112 Flashcards

Source URL: https://quizplus.com/quiz/71898

Sample Questions

Q1) Documentation deliverables are sometimes shown as separate costs in the project cost estimate.

A)True

B)False

Answer: True

Q2) It is advisable to build relationship with in a client or partner organization.

A)one individual

B)several key people

C)the top ranking official

D)the chief financial officer

Answer: B

Q3) Successful contract opportunities are grounded in relationships.

A)True

B)False

Answer: True

Q4) At times, patents may result from performing the project.

A)True

B)False

Answer: True

To view all questions and flashcards with answers, click on the resource link above. Page 5

Chapter 4: Defining Scope, Quality, Responsibility, and Activity Sequence

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129 Verified Questions

129 Flashcards

Source URL: https://quizplus.com/quiz/71899

Sample Questions

Q1) An understanding of project deliverables would also be a setback to developing a good working relationship with the customer.

A)True

B)False

Q2) The defines what the project team or contractor will do.

A)statement of work

B)project scope document

C)network diagram

D)work breakdown structure

Q3) A network diagram is a technique for organizing and subdividing all the project work and deliverables into more manageable components.

A)True

B)False

Q4) Expected benefits, which will result from implementation of the project and define success, establish

A)the reason the contractor proposes the solution.

B)how much money the customer is willing to pay.

C)how quickly the project must be completed.

D)why the project is being done.

6

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Chapter 5: Developing the Schedule

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86 Verified Questions

86 Flashcards

Source URL: https://quizplus.com/quiz/71900

Sample Questions

Q1) Free slack is the amount of time a specific activity can be

A)postponed without delaying the earliest start time of its immediately preceding activities.

B)postponed without delaying the earliest start time of its immediately succeeding activities.

C)accelerated without delaying the latest start time of its immediately succeeding activities.

D)accelerated without delaying the latest finish time of its immediately preceding activities.

Q2) Padding estimates with the vision of becoming a hero when the activities are completed in less time than estimated is not a good practice.

A)True

B)False

Q3) It is a good practice to have the person who will be responsible for performing a specific activity estimate the duration that other resources would need to complete that activity.

A)True

B)False

Q4) Schedule control involves four steps.List the four steps in order.

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Chapter 6: Resource Utilization

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22 Verified Questions

22 Flashcards

Source URL: https://quizplus.com/quiz/71901

Sample Questions

Q1) Select which of the following does not describe how the sequence of activities can be drawn to reflect the availability of a limited quantity of resources.

A)The activities using the limited resources are shown in a ladder relationship as they are available.

B)The activities using the limited resources are shown in a loop relationship as they are available.

C)The activities requiring the limited resource are assigned at different times.

D)If there is no technical constraint for the activities, the activities could be arranged serially by the availability of the resources.

Q2) Resource leveling, or smoothing, levels the resources so that

A)equal number of resources is assigned to each task.

B)an equal number of tasks are completed each day by the resources on the project.

C)they are applied as uniformly as possible without extending the project schedule beyond the required completion time.

D)the costs for the resources are even as possible across the project.

To view all questions and flashcards with answers, click on the resource link above.

Chapter 7: Determining Costs, Budget, and Earned Value

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69 Verified Questions

69 Flashcards

Source URL: https://quizplus.com/quiz/71902

Sample Questions

Q1) Based on analysis of actual cost it is possible to forecast what the total costs will be at the completion of the project or work package.

A)True

B)False

Q2) A method for calculating the forecasted cost at completion assumes that the work to be performed on the remaining portion of the project or work package will be done at the same rate of efficiency as the work performed so far.If the cost performance index is greater than 1.0, then

A)the FCAC is greater than the TBC.

B)the FCAC is less than the TBC.

C)the FCAC cannot be calculated with CPI.

D)additional information is needed to predict the FCAC.

Q3) Earned value, the value of , is a key parameter that must be determined throughout the project.

A)the work scheduled

B)the resources used

C)the resources assigned

D)the work actually performed

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Chapter 8: Managing Risk

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45 Verified Questions

45 Flashcards

Source URL: https://quizplus.com/quiz/71903

Sample Questions

Q1) Addressing risks will increase the chances of accomplishing the project objective.

A)reactively

B)inactively

C)hyperactively

D)proactively

Q2) The project manager needs to set the tone for encouraging open and timely discussion of risks among the project team.

A)True

B)False

Q3) includes determining which risks may adversely affect the project objective and what the impact of each risk might be if it occurs.

A)Risk modification

B)Risk avoidance

C)Risk identification

D)Risk acceptance

Q4) Establishing risk categories may help to identify and evaluate risks.List some categories to help identify risks.

To view all questions and flashcards with answers, click on the resource link above. Page 10

Chapter 9: Closing the Project

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42 Verified Questions

42 Flashcards

Source URL: https://quizplus.com/quiz/71904

Sample Questions

Q1) The project manager should schedule the meeting immediately following the delivery of the final report rather than waiting for a time when the customer is in a position to really determine whether the project met expectations and achieved the anticipated benefits.

A)True

B)False

Q2) The project manager should schedule the post-project evaluation meeting with the customer or sponsor for a time when the customer is in a position to A)pay all the expenses of the project to the contractor.

B)really determine whether the project met expectations and achieved the anticipated benefits.

C)solicit proposals for a new RFP.

D)begin planning for future projects or opportunities for the contractor.

Q3) Projects also can be terminated by the sponsor or customer.

A)True

B)False

Q4) What type of knowledge base system should be established by the project organization?

To view all questions and flashcards with answers, click on the resource link above. Page 11

Chapter 10: The Project Manager

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129 Verified Questions

129 Flashcards

Source URL: https://quizplus.com/quiz/71905

Sample Questions

Q1) The project manager is a key ingredient in the success of a project.

A)True

B)False

Q2) A common barrier to effective delegation is that the project manager has confidence in the capability of others to do the work.

A)True

B)False

Q3) Some changes become necessary as a result of , such as an early snowstorm that slows down the construction of a building.

A)predicted events

B)risk responses

C)unanticipated occurrences

D)negligence

Q4) Project managers must be able to handle the stress that can arise from work situations.

A)True

B)False

Q5) Describe at least three potential subjects of negotiations in which a project manager would participate for a project.

To view all questions and flashcards with answers, click on the resource link above. Page 12

Chapter 11: The Project Team

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225 Verified Questions

225 Flashcards

Source URL: https://quizplus.com/quiz/71906

Sample Questions

Q1) Key principles to guide ethical behavior are all of the following except:

A)Don't do anything you wouldn't to appear on the news.

B)Do what you can get away with without being caught.

C)Treat others the way you want to be treated.

D)Don't do anything you wouldn't want your family, friends, neighbors or co­workers to read about in the newspaper.

Q2) Although the approach may make a conflict situation livable, it does not resolve the issue.

A)Collaborating, Confronting, or Problem Solving

B)Avoiding or Withdrawing

C)Competing or Forcing

D)Accommodating or Smoothing

Q3) A policy on ethical behavior includes topics on expectations, process for reporting misconduct, and consequences of engaging in unethical practices.

A)True

B)False

Q4) Effective team members participate and communicate.

A)True

B)False

To view all questions and flashcards with answers, click on the resource link above. Page 13

Chapter 12: Project Communication and Documentation

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124 Verified Questions

124 Flashcards

Source URL: https://quizplus.com/quiz/71907

Sample Questions

Q1) The project final report is an accumulation of the progress reports and a blow-by-blow story of what happened throughout the project.

A)True

B)False

Q2) Project team members should agree to changes without knowing whether they will necessitate additional person- hours.

A)True

B)False

Q3) Allow time for interaction with the audience, if appropriate.

A)True

B)False

Q4) Stakeholders' concerns should be addressed

A)confrontationally, put off, ignored, or dismissed.

B)as a group at the end of the project.

C)in the final report only after being recorded throughout the project.

D)early, positively, and in a timely manner; and not confrontationally, put off, ignored, or dismissed.

Q5) List the most common types of project meetings.

Q6) List some common barriers to effective listening:

To view all questions and flashcards with answers, click on the resource link above. Page 14

Chapter 13: Project Management Organizational Structures

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65 Verified Questions

65 Flashcards

Source URL: https://quizplus.com/quiz/71908

Sample Questions

Q1) may also provide project management training, provide administrative support staff for projects, establish consistent procedures, and develop best practices and templates for planning, monitoring, and controlling projects.

A)an autonomous project organizational structure

B)a functional organizational structure

C)a matrix organizational structure

D)a project management office

Q2) In , in most cases if an individual serves part-time on a project task force, the individual continues to perform her regular functional jobs.

A)an autonomous project organizational structure

B)a functional organizational structure

C)a matrix organizational structure

D)a project management office

Q3) is kind of a hybrid, a mix of both the functional and autonomous project organizational structures.

A)An autonomous project organizational structure

B)A functional organizational structure

C)A matrix organizational structure

D)A project management office

To view all questions and flashcards with answers, click on the resource link above.

Page 15

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