Organizational Leadership and Project Management Exam Materials - 533 Verified Questions

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Organizational Leadership and Project Management

Exam Materials

Course Introduction

This course explores the principles and practices of effective organizational leadership and project management within diverse professional settings. Students will examine the roles and responsibilities of leaders in guiding teams, driving organizational change, creating strategic vision, and establishing a positive work culture. The course covers essential project management methodologies, including project initiation, planning, execution, monitoring, and closure, while emphasizing risk management, resource allocation, and stakeholder communication. Through case studies and practical applications, learners will develop the skills required to successfully lead projects, coordinate multidisciplinary teams, and achieve organizational goals in dynamic and complex environments.

Recommended Textbook

Project Management in Practice 5th Edition by

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8 Chapters

533 Verified Questions

533 Flashcards

Source URL: https://quizplus.com/study-set/1630

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Chapter 1: The World of Project Management

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70 Verified Questions

70 Flashcards

Source URL: https://quizplus.com/quiz/32366

Sample Questions

Q1) A PM does not need to understand why a project is selected for funding because he did not initiate the process.

A)True

B)False

Answer: False

Q2) Explain what the third alternative is in negotiation.

Answer: Not Answered

Q3) The comparative benefits method is considered a nonnumeric project selection method.

A)True

B)False

Answer: True

Q4) A disadvantage of using scoring models rather than financial models for selecting projects is that they cannot include the project's profitability.

A)True

B)False

Answer: False

Q5) Briefly describe the two different life cycles of projects.

Answer: Not Answered

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

Chapter 2: The Manager, the Organization, and the Team

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68 Verified Questions

68 Flashcards

Source URL: https://quizplus.com/quiz/32367

Sample Questions

Q1) Integration management and parallel tasking are fundamentally concerned with coordinating the flow of information.

A)True

B)False

Answer: True

Q2) Explain the importance of credibility and why PM's need it.

Answer: Not Answered

Q3) Briefly describe and contrast pure project organization, functional project organization, and the matrix project organization.

Answer: Not Answered

Q4) When making trade-offs on a project, the project manager needs to be aware that profit for the firm is always the most important of the project's goals.

A)True

B)False

Answer: False

Q5) It is said that the distinction between the traditional manager-as-supervisor and the modern manager-as-facilitator is diminishing in recent years. Why?

Answer: Not Answered

To view all questions and flashcards with answers, click on the resource link above. Page 4

Chapter 3: Planning the Project

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63 Verified Questions

63 Flashcards

Source URL: https://quizplus.com/quiz/32368

Sample Questions

Q1) When planning, it is best for the project manager to breakdown and define the different levels of the project plan.

A)True

B)False

Answer: False

Q2) While the design structure matrix can help identify potential rework situations, typically nothing can be done to avoid them.

A)True

B)False Answer: False

Q3) A representative of senior management should be invited to the project launch meeting.

A)True

B)False Answer: True

Q4) Predecessors must be listed in the WBS because they are critical for scheduling.

A)True

B)False Answer: True

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

Chapter 4: Budgeting the Project

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64 Verified Questions

64 Flashcards

Source URL: https://quizplus.com/quiz/32369

Sample Questions

Q1) What are the key elements of contingency planning?

Q2) A problem with bottom-up budgeting is:

A) individual team members overstate their budget needs

B) lack of involvement from the project team

C) underestimating the project task's budget requirements

D) all of the above

E) none of the above

Q3) The project's budget is merely the sum of its resource costs.

A)True

B)False

Q4) Budget cuts are usually disastrous to an exponential life-cycle project.

A)True

B)False

Q5) Briefly contrast the three different perspectives cost can be viewed from.

Q6) The best approach to handling change in projects is to accept the negative change and take a loss on the project.

A)True

B)False

Q7) Explain how you would use the shape of a project's life cycle to resolve budget conflicts between a superior and subordinate.

To view all questions and flashcards with answers, click on the resource link above. Page 6

Chapter 5: Scheduling the Project

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63 Verified Questions

63 Flashcards

Source URL: https://quizplus.com/quiz/32370

Sample Questions

Q1) The actual project duration will be known with certainty after the project is completed.

A)True B)False

Q2) Technical dependencies are generally easier to see on a Gantt chart than on PERT/CPM networks.

A)True B)False

Q3) AON and AOA networks can both be used to depict any project network. A)True B)False

Q4) A project schedule is a project action plan converted into a timetable. A)True B)False

Q5) Milestones cannot be identified on a Gantt Chart. A)True B)False

Q6) The difference between LST and LFT is called slack. A)True B)False

Page 7

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Chapter 6: Allocating Resources to the Project

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66 Verified Questions

66 Flashcards

Source URL: https://quizplus.com/quiz/32371

Sample Questions

Q1) A task has a normal duration of 9 days and a crash duration of 7 days. Its normal cost is $40 and its crash cost is $100. What is the crash cost per day?

A) $140

B) $70

C) $50

D) $40

E) $30

Q2) Briefly overview Goldratt's common chain of events.

Q3) If resources were not scarce, the resource allocation problem would be concerned solely with cost minimization.

A)True

B)False

Q4) The task duration with standard-practice resource usage is referred to as the A) expected task duration

B) nominal task duration

C) crash duration

D) normal task duration

E) planned task duration

Q5) What is the effect of not reporting the early completion of project activities?

To view all questions and flashcards with answers, click on the resource link above. Page 8

Chapter 7: Monitoring and Controlling the Project

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72 Verified Questions

72 Flashcards

Source URL: https://quizplus.com/quiz/32372

Sample Questions

Q1) Explain why virtual projects may be necessary?

Q2) The most important use of data gathered from monitoring is learning from mistakes. A)True

B)False

Q3) When a PM updates a project all of the following should be updated except:

A) Tables

B) Charts

C) Action plans

D) All of the above should be updated

E) None of the above should be updated

Q4) A common mistake is to focus too much on results and not enough on the intensity of activity.

A)True

B)False

Q5) What are the two primary purposes of control?

Q6) To maximize efficiency, project team meetings should follow Robert's Rules of Order.

A)True

B)False

To view all questions and flashcards with answers, click on the resource link above. Page 9

Chapter 8: Evaluating and Terminating the Project

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67 Verified Questions

67 Flashcards

Source URL: https://quizplus.com/quiz/32373

Sample Questions

Q1) Which of the following is not a main duty of the termination manager?

A) Oversee the closing of the project's books

B) Complete the project final report

C) Ascertain any product support requirements

D) Ensure completion of work

E) Ensure that documentation is complete

Q2) List several key items to consider for project evaluation report recommendations.

Q3) The timing of an audit depends on the purpose of the audit.

A)True

B)False

Q4) Poor up-front planning is a fundamental reason for project failure.

A)True

B)False

Q5) What are the steps in a project audit?

Q6) The project final report is a history of the project.

A)True

B)False

Q7) What kind of measurement models can we a PM use to measure the projects performance against a planned budget?

10

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