Answer: FalseResponse: See page 32Level: medium38.Projects in which team membersmay never physically meet before the team is disbanded and another team reconstituted is called a virtual teamAnswer: TrueResponse: See page 3Level: easy39.The project manager depends on legitimate authority to gain the cooperation of the many departments in the organization that may be asked to supply technology, information, resources and personnel to the project.Answer: FalseResponse: See Page 5Level: medium
40.In the early years of a project when outflows usually exceed inflows, the NPV of the project for those years will be positive.Answer: FalseResponse: See page 15Level: medium41.As the present value of future returns decreases with rising discount rates, firms with high hurdle rates favor short-run projects.Answer: TrueResponse: See Page 16Level: mediumMultiple Choice42. Which of the following are projects?a) the design and development of a new productb) gathering and entering employment data for a Bureau of Labor Statisticsquarterly reportc) producing a car on an automobile assembly lined) a and b above.e) a, b, and c above.Answer: aResponse: see page 2Level: medium43.Which of the following is not a trend in project management?
44. Which of the following criteria can be included in scoring models for selecting projects?45. If the initial investment is a project is $100,000 and the expected annual net profit for the project is $20,000, the payback period is:46. Which of the following is not a characteristic of a project?a) They are uniqueb) They are routinec) They have specific due dated) They have a specific deliverablee) They have a purposeAnswer: bResponse: See page 1Level: medium47. Which of the following would not be considered a project?
48. “Blue Sky” projects are
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- Project Management