FA1 Flashcards
T/F Code of Ethics and Professional Conduct includes both aspirational standards and mandatory standards
True
A series of coordinated, related, multiple projects that continue over extended time intended to achieve a goal is known as a __________
Program
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
True
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
D
Effective project management helps individuals, groups, and private organization to:
All choices
The basic nature of a project is a/an ________ one.
temporary
Which of the following activities is not considered a project?
Production of automobile tires
The advent of project management has been most profound in
Information technology
T/F Effective and efficient project management should be considered a strategic competency within organizations.
True
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.
True
From among the following activities, which is the best example of a project?
Writing a term paper
Project management is ideally suited for a business environment requiring all of the following except
Repeatability