Project Management
Final Exam Questions
Course Introduction
Project Management is a comprehensive course that introduces students to the fundamental concepts, tools, and techniques essential for planning, executing, and successfully completing projects across various industries. The course covers key topics such as project life cycle phases, scope definition, scheduling, budgeting, resource allocation, risk management, stakeholder communication, and quality control. Emphasizing practical application, students will engage in case studies and project simulations to develop skills in teamwork, leadership, and problem-solving. By the end of the course, students will be equipped to manage projects efficiently, adapt to changing project environments, and deliver results that meet organizational goals and stakeholder expectations.
Recommended Textbook
Operations Management for MBAs 5th Edition by Jack R. Meredith
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8 Chapters
233 Verified Questions
233 Flashcards
Source URL: https://quizplus.com/study-set/1791 Page 2
Chapter 1: Operations Strategy and Global Competitiveness
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27 Verified Questions
27 Flashcards
Source URL: https://quizplus.com/quiz/35611
Sample Questions
Q1) Which of the following is NOT an advantage of rapid response?
A)First-mover advantage
B)Elimination of overhead
C)Improved morale and communication
D)Sharper focus on the customer
Answer: A
Q2) Sub-optimization occurs when one part of the system is improved to the detriment of other parts of the system.
A)True
B)False
Answer: True
Q3) Vision statements express the organization's purpose or reason for existence.
A)True
B)False
Answer: False
Q4) ________ for a nation is the degree to which it can,under free and fair market conditions,produce goods and services that meet the test of international markets while simultaneously maintaining and expanding the real incomes of its citizens.
Answer: Competitiveness
Page 3
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Chapter 2: Process Planning and Design
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27 Verified Questions
27 Flashcards
Source URL: https://quizplus.com/quiz/35612
Sample Questions
Q1) A logical,nominal,or virtual cell refers to a situation where the equipment is physically adjoining and reserved for production of only one part family.
A)True
B)False
Answer: False
Q2) Experienced staff needed to run job shops tends to increase its direct labor costs.
A)True
B)False
Answer: True
Q3) In cellular production the cellular form allows for a level of customization usually found in job shops.
A)True
B)False
Answer: False
Q4) Of large scale and finite duration,_____ _____ tend to be non-repetitive,with multiple and often simultaneous,highly interdependent tasks.
Answer: project operations
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Chapter 3: Controlling Processes
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27 Verified Questions
27 Flashcards
Source URL: https://quizplus.com/quiz/35613
Sample Questions
Q1) Which of the following statements is FALSE?
A)ISO is a strictly European standard
B)ISO 9000 and ISO 14000 are two of the best known ISO standards
C)ISO 14000 has been updated in December 2008 and is known as ISO 14000:2008
D)Over 630,000 organizations in 152 countries have implemented ISO standards
Answer: C
Q2) When calculating ranges for particular variables,it is mathematically possible to obtain negative variables; in such an event,one should set zero for that variable range.
A)True
B)False
Answer: True
Q3) Which of the following is NOT a problem commonly found when monitoring?
A)Organizations collect data that are easily gathered
B)Gathered data are not the most important to reach the organization's goals
C)There is an undue emphasis on measuring objective output performance
D)Inputs measurements are used as a proxy for output completion
Answer: C
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5
Chapter 4: Process Improvement: Minimizing Variation
Through Six Sigma
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32 Verified Questions
32 Flashcards
Source URL: https://quizplus.com/quiz/35614
Sample Questions
Q1) A popular approach to design experiments,based upon the notion that most of the quality is determined at the design stage is named after Japanese guru ______
Q2) The Malcolm Baldrige National Quality Award was first awarded to Motorola in 1988.
A)True
B)False
Q3) Developing and evaluating solutions to reduce the gap between desired process performance and current performance is the final step in the six sigma DMAIC approach for process improvement.
A)True
B)False
Q4) A literal interpretation of six-sigma is:
A)4)3 defects per million opportunities (DPMO)
B)3)4 defects per billion opportunities (DPBO)
C)3)4 defects per million opportunities (DPMO)
D)3)1 defects per million opportunities (DPMO)
Q5) In order to claim status as a Six Sigma Black Belt,it has become customary for individuals to undergo a process of ________.
Page 6
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Chapter 5: Process Improvement: Reducing Waste Through Lean
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29 Verified Questions
29 Flashcards
Source URL: https://quizplus.com/quiz/35615
Sample Questions
Q1) The following are characteristics of continuous flow manufacturing (CFM),EXCEPT:
A)Work should flow through the process without interruption
B)Work is organized based on the similarity of the work performed (a functional organization)
C)Work flows one unit at a time,based on the customer's demand rate
D)The phrase "don't let the parts touch the floor" exemplify CFM
Q2) The following are characteristics of Lean when contrasted with traditional systems,EXCEPT:
A)Priorities are a limited market and few options
B)Capacity is flexible and moderately utilized
C)Suppliers are many,competitive,deliver to central receiving area and have independent forecasts
D)Quality is at the source,continuous and with statistical process controls
Q3) The __________ offers a systematic way to view and analyze process flows.
A)Optimized Production Technology (OPT)
B)Pull system
C)Theory of constraints
D)Progression theory
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Chapter 6: Managing Process Improvement Projects
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29 Verified Questions
29 Flashcards
Source URL: https://quizplus.com/quiz/35616
Sample Questions
Q1) An optimal procedure for organizations to accept projects is to specify a return on investment (ROI)and fund only projects that meet this criterion.
A)True
B)False
Q2) The amount of flexibility the project manager has in terms of starting and completing an activity is referred to as its:
A)Slack
B)Float
C)Flex
D)Both A and B
Q3) Which of the following project categories might lead to the other project categories?
A)Derivative projects
B)Breakthrough projects
C)Platform projects
D)R&D projects
Q4) Both PERT and CPM are based on variations of the __________ chart?
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Chapter 7: Supply Chain Management
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30 Verified Questions
30 Flashcards
Source URL: https://quizplus.com/quiz/35617
Sample Questions
Q1) Some outputs such as dams,roads,buildings and bridges may be relatively
Q2) Under sole-sourcing arrangements,customers involve suppliers from the design stage,asking for larger deliveries of higher quality items in large batches that enable greater savings.
A)True
B)False
Q3) Enterprise resource planning systems are designed to collect and interpret customer-based data.
A)True
B)False
Q4) Organizations that process natural or basic resources as raw materials or other essential inputs to obtain their outputs will locate near their resources if one of the following conditions holds:
A)High economies of scale exist for the product
B)The raw material can be shipped long distance before being processed
C)There is a large loss in size or weight during processing.
D)Both A and C
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Chapter 8: Capacity, Scheduling, and Location Planning
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32 Verified Questions
32 Flashcards
Source URL: https://quizplus.com/quiz/35618
Sample Questions
Q1) In locating pure services,which of the following measures are recommended in the literature on health clinics and can be used for trial-and-error procedures?
A)Facility utilization
B)Travel distance per citizen
C)Travel distance per doctor
D)Only A and B
Q2) The physical release of a work order from the production planning and control department to operations is called ___________.
Q3) Rough-cut capacity planning projects job orders and demands for materials into requirements for equipment,work force,and facility to find total capacity of each over the planning horizon.
A)True
B)False
Q4) In planning the long-term capacity of an operation,one should take into account:
A)Bottlenecks
B)Economies of scale
C)Economies of scope
D)Only B and C
Q5) The more __________ the service,the longer it is worth waiting for.
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