FA1 Flashcards

1
Q

T/F Code of Ethics and Professional Conduct includes both aspirational standards and mandatory standards

A

True

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2
Q

A series of coordinated, related, multiple projects that continue over extended time intended to achieve a goal is known as a __________

A

Program

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3
Q

T/F Organizational Project Management helps to ensure that all level in the organization understand the strategic vision, the initiatives that support the vision, the objectives and the deliverable

A

True

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4
Q

The importance of project management has increased due to:

A. The movement of manufacturing operations
B. Time to market
C. The movement toward flatter and leaner organizations
D. All statements are true

A

D

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5
Q

Effective project management helps individuals, groups, and private organization to:

A

All choices

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6
Q

The basic nature of a project is a/an ________ one.

A

temporary

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7
Q

Which of the following activities is not considered a project?

A

Production of automobile tires

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8
Q

The advent of project management has been most profound in

A

Information technology

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9
Q

T/F Effective and efficient project management should be considered a strategic competency within organizations.

A

True

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10
Q

T/F Project management is the process of scoping, planning, staffing, organizing, directing, and controlling the development of an acceptable system at a minimum cost within a specified time frame.

A

True

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11
Q

From among the following activities, which is the best example of a project?

A

Writing a term paper

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12
Q

Project management is ideally suited for a business environment requiring all of the following except

A

Repeatability

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13
Q
A
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