BUS 517 Final Exam Part 1: Project Management Concepts and Strategies

A comprehensive review of project management concepts and strategies in preparation for the final exam.

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BUS 517 Final Exam Part 1: Project Management Concepts and StrategiesBUS517 FINAL EXAM PART 1Question 1In which of the following stages is it determined what the project will entail, when it will bescheduled, whom it will benefit, and what the budget will be?A. ConceptualizingB. DefiningC. PlanningD. ExecutingE. DeliveringQuestion 2Which of the following is the first step in developing a set of strategies designed to best meet theneeds of customers?A. Market ResearchB. Define the Integrated Project Management SystemC. Environmental AnalysisD. Project SelectionE. All of the above are correctQuestion 3Which of the following activities is not considered a project?A. Developing a new software programB. Designing a space stationC. Preparing the site for the Olympic GamesD. Production of automobile tiresE. Developing a new advertising programQuestion 4Project management is ideally suited for a business environment requiring all of the followingexceptA. AccountabilityB. FlexibilityC. InnovationD. SpeedE. RepeatabilityQuestion 5Which of these is not part of the "technical dimension"of project management?A. WBSB. BudgetsC. Problem solving

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