BUSI 680 Quiz 1 BUSI 680 Quiz 1 Answers Liberty University Which of the following is NOTconsidered to be a characteristic of a project? In the _____________ stage of the project life cycle the project’s schedule and budget will be determined. Smaller projects in larger organizations tend not to need project management skills. A professional organization for project management specialists is the Project management appears to be ideally suited for a business environment requiring accountability, flexibility, innovation and repeatability. Governance of all project management processes and procedures helps provide senior management with all of the following EXCEPT In the _____________ stage of the project life cycle, a major portion of the physical project work performed. Which of the following is typically the responsibility of a project manager? Which of these is NOTpart of the “technical dimension” of project management? The sociocultural dimension of project management includes managing relationships, motivating team members and negotiating project terms. Not only is project management critical to many careers, the skill set is transferable across most businesses and professions. Since a construction company builds many buildings, the buildings built after the first do not fit the definition of a project. A major portion of the project work, both physical and mental, takes place during the production stage of the project life cycle. As the number of small projects increase within an organization’s portfolio, what is a challenge an organization faces? Successful project managers focus primarily on technical dimensions of project management, which include planning, scheduling, and controlling projects. Projects should align with the organization’s overall strategy in order to Because of the profitability motive, project management is nearly always limited to the private sector. Because of its flexibility, project management is equally useful in ongoing, routine work as well as unique, one-time projects. A program is a process designed to accomplish a common goal over time. Project management is ideally suited for a business environment requiring all of the following EXCEPT Which of the following is NOTtrue about project management? Most people who excel at managing projects never have the title of project manager. In the _____________ stage of the project life cycle you are more likely to find status reports, changes, and the creation of forecasts. Project governance means applying a set of knowledge, skills, tools, and techniques to a collection of projects in order to move the organization toward its strategic goals. Which of the following is NOTa reason why project management has become a standard way of doing business?