Answer false response see page 32 level medium 38

Answer: False
Response: See page 32
Level: medium
38. Projects in which team
members
may never physically meet before the team is
disbanded and another team reconstituted is called a virtual team
Answer
: True
Response
: See page 3
Level: easy
39. 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: False
Response: See Page 5
Level: 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: False
Response: See page 15
Level: medium
41. As the present value of future returns decreases with rising discount rates, firms with
high hurdle rates favor short-run projects.
Answer: True
Response: See Page 16
Level: medium
Multiple Choice
42. Which of the following are projects?
a) the design and development of a new product
b) gathering and entering employment data for a Bureau of Labor Statistics
quarterly report
c) producing a car on an automobile assembly line
d) a and b above.
e) a, b, and c above.
Answer: a
Response: see page 2
Level: medium
43. 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 unique
b) They are routine
c) They have specific due date
d) They have a specific deliverable
e) They have a purpose
Answer: b
Response: See page 1
Level: medium
47. Which of the following would not be considered a project?

48. “Blue Sky” projects are