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You are managing a project to construct a flyover. You have divided the project into phases to provide better management control. Which of the following is a characteristic of a project phase? a) Formal phase completion necessarily includes authorization for the subsequent phase. b) A project phase can be closed with a decision not to initiate the subsequent phase. c) A project phase should not be divided into sub-phases even in complex projects, because it will be difficult to manage. d) All deliverables in a project phase should correspond to the project management processes.

You are managing a project to construct a flyover. You have divided the project into phases to provide better management control. Which of the following is a characteristic of a project phase? a) Formal phase completion necessarily includes authorization for the subsequent phase. b) A project phase can be closed with a decision not to initiate the subsequent phase. c) A project phase should not be divided into sub-phases even in complex projects, because it will be difficult to manage. d) All deliverables in a project phase should correspond to the project management processes.

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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You are managing a project to construct a flyover. You have divided the project into phases to provide better management control. Which of the following is a characteristic of a project phase? a) Formal phase completion necessarily includes authorization for the subsequent phase. b) A project phase can be closed with a decision not to initiate the subsequent phase. c) A project phase should not be divided into sub-phases even in complex projects, because it will be difficult to manage. d) All deliverables in a project phase should correspond to the project management processes. A project manager is responsible for managing project costs and human resources. Factors like cost and staffing level for a project: a) Increase with duration of the project. b) Decrease with duration of the project. c) Are low at the start, peak as the work is carried out, and drop rapidly as the project draws to a close. d) Cannot be determined, as they are specific to the project. The following statements about stakeholders are correct EXCEPT: a) Stakeholders may exert influence over the project. b) Stakeholders' responsibilities remain stable throughout the project life cycle. c) Some stakeholders benefit from a successful project. d) Identifying stakeholders can be difficult. You are a project manager in XYZ company, which has a projectized organizational structure. In this context, all of the following are true, EXCEPT: a) There is a "home" for project team members after a project is completed. b) Team members are often co-located. c) You have a great deal of authority and independence. d) Organizational units (or departments) either report directly to you or provide support services to the various projects.
Transcribed Image Text:You are managing a project to construct a flyover. You have divided the project into phases to provide better management control. Which of the following is a characteristic of a project phase? a) Formal phase completion necessarily includes authorization for the subsequent phase. b) A project phase can be closed with a decision not to initiate the subsequent phase. c) A project phase should not be divided into sub-phases even in complex projects, because it will be difficult to manage. d) All deliverables in a project phase should correspond to the project management processes. A project manager is responsible for managing project costs and human resources. Factors like cost and staffing level for a project: a) Increase with duration of the project. b) Decrease with duration of the project. c) Are low at the start, peak as the work is carried out, and drop rapidly as the project draws to a close. d) Cannot be determined, as they are specific to the project. The following statements about stakeholders are correct EXCEPT: a) Stakeholders may exert influence over the project. b) Stakeholders' responsibilities remain stable throughout the project life cycle. c) Some stakeholders benefit from a successful project. d) Identifying stakeholders can be difficult. You are a project manager in XYZ company, which has a projectized organizational structure. In this context, all of the following are true, EXCEPT: a) There is a "home" for project team members after a project is completed. b) Team members are often co-located. c) You have a great deal of authority and independence. d) Organizational units (or departments) either report directly to you or provide support services to the various projects.
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