Bus517 Midterm Exam Part 1 & 2
Midterm assessment on project management and business strategies.
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Bus517 Midterm Exam Part 1 & 2
PART 1
Question 1
The advent of project management has been most profound in
Answer
Automobile manufacturing
Construction
Information technology
The U.S. Department of Defense
Film making
Question 2
Which of the following is the number one characteristic that is looked for in management
candidates?
Answer
Overall intelligence
Works well with others
Experience
Past successes
Good reference
Question 3
In which of the following stages are project objectives established, teams formed, and major
responsibilities assigned?
Answer
Conceptualizing
Defining
Planning
Executing
Delivering
Question 4
Project management is ideally suited for a business environment requiring all of the following
except
Answer
Accountability
Flexibility
Innovation
Speed
Repeatability
Question 5
A common rule of thumb in the world of high-tech product development is that a six-month
project delay can result in a loss of product revenue share of ___ percent. The waste on failed
projects and cost overruns is estimated in the neighborhood of
Answer
10
PART 1
Question 1
The advent of project management has been most profound in
Answer
Automobile manufacturing
Construction
Information technology
The U.S. Department of Defense
Film making
Question 2
Which of the following is the number one characteristic that is looked for in management
candidates?
Answer
Overall intelligence
Works well with others
Experience
Past successes
Good reference
Question 3
In which of the following stages are project objectives established, teams formed, and major
responsibilities assigned?
Answer
Conceptualizing
Defining
Planning
Executing
Delivering
Question 4
Project management is ideally suited for a business environment requiring all of the following
except
Answer
Accountability
Flexibility
Innovation
Speed
Repeatability
Question 5
A common rule of thumb in the world of high-tech product development is that a six-month
project delay can result in a loss of product revenue share of ___ percent. The waste on failed
projects and cost overruns is estimated in the neighborhood of
Answer
10
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Document Details
University
Strayer University
Subject
Business Management