Chapter 1 Introduction Why Project Management 1.1 True/False 1) Projects, rather than repetitive tasks, are now the basis for most value-added in business. Answer TRUE Diff 1 Section 1.0 Introduction Skill Factual AACSB Tag Reflective 2) Projects have a process orientation. Answer FALSE Diff 2 Section 1.1 What Is a Project Skill Definition AACSB Tag Reflective 3) A typical project stays within functional and organizational boundaries. Answer FALSE Diff 2 Section 1.1 What Is a Project Skill Definition AACSB Tag Reflective 4) The special nature of projects relieves project managers from their routine of planning, organizing, motivating, directing, and controlling. Answer FALSE Diff 2 Section 1.1 What Is a Project Skill Factual AACSB Tag Reflective 5) A project exists outside of the standard line organization. Answer TRUE Diff 2 Section 1.1 What Is a Project Skill Factual AACSB Tag Reflective 6) The initial goal and technical specifications of the project are developed during the planning stage. Answer FALSE Diff 2 Section 1.3 Project Life Cycles Skill Factual AACSB Tag Reflective 7) Client interest in a project is highest during the termination and conceptual phases. Answer TRUE Diff 2 Section 1.3 Project Life Cycles Skill Factual AACSB Tag Reflective 8) The classic triple constraint standard for project performance is composed of time, cost, and client acceptance. Answer FALSE Diff 2 Section 1.4 Determinants of Project Success Skill Definition AACSB Tag Reflective 9) The business success dimension of project success determines whether the project achieved significant commercial success. Answer TRUE Diff 2 Section 1.4 Determinants of Project Success Skill Factual AACSB Tag Reflective 10) The Atkinson model for assessing project success gathers input from all of the projects stakeholders. Answer TRUE Diff 2 Section 1.4 Determinants of Project Success Skill Factual AACSB Tag Reflective 11) The use of benchmarking allows...