Smaller projects in larger organizations tend not to need project management skills.

68. Project management appears to be ideally suited for a business environment requiringaccountability, flexibility, innovation and repeatability.

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69. At first glance, project managers perform the same functions as other managers. That is, theyplan, schedule, motivate and control.

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70. Strategic plans should be written by one group of managers, projects should be selected byanother group, and projects should be implemented by another group.

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71. Today, projects are the modus operandi or the method used for implementing organizationalstrategy.

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72. Due to corporate downsizing, significant segments of project work have been outsourced to otherorganizations.

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73. Smaller projects in larger organizations tend not to need project management skills.

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74. Successful project managers focus primarily on technical dimensions of project management,which include planning, scheduling, and controlling projects.

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3.Smaller projects in larger organizations tend not to need project management skills.Select one:TrueFalse

4.Project management is being driven bySelect one:

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5.Ed is looking over the actual results of projects and comparing them to what wasestimated. He notices that the projects that took six months or longer to complete werenoticeably more off the estimates. Which of the following factors is he recognizing?Select one:

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6.Which of the following is NOTtypical of a project manager?Select one:

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Smaller projects in larger organizations tend not to need project management skills.

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Successful Project Management

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7.The projectized form of project management structure is commonly used when onefunctional area plays a dominant role in completing the project or has a dominant interest inthe success of the project.Select one:TrueFalse

8.All of the following are disadvantages of organizing projects within a matrix arrangementEXCEPTSelect one:

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9.The process of forecasting or approximating the time and cost of completing projectdeliverables is called planning.Select one:

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10.Which of the following is NOTtrue in regard to the level of detail estimates shouldcontain?

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a. It will vary with the complexity of the project.b. Detailed estimates are crucial to project success; therefore, an effort should be madeto make estimates as detailed as possible for all projects.c. The more detailed the estimate is the more the estimate will cost to create.d. Inadequate detail might lead to estimates that fall short of their intended purpose.e. Excessive detail means unproductive paperwork and unnecessary expenditures.

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Why project management is important for small business?

Stay on budget: Every business is concerned with the bottom line, but that need is all the more important for small organizations where there's no room for error. Effective project management allows you to keep a close eye on budgets. It also lets you track expenses and monitor where employees are spending their time.

What is project management in small business?

As per Wikipedia, 'Project management is the process and activity of planning, organizing, motivating, and controlling resources, procedures and protocols to achieve specific goals in scientific or daily problems. '

Why are small projects important?

Developers generally want to work on the large project that will be the next big product or save the company. However, small internal projects are the glue that pulls them together and supports daily operations. They make people's lives easier and can potentially have a huge impact on the bottom line.

How does project management help organizations and individuals do more with less?

With little room for error and fewer resources to rely on, project management expertise and oversight is helping organizations streamline their delivery process, cut costs and sidestep risks, enabling them to ride out the recession and implement stronger project management practices for the future.