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1 |  |  The term project is defined as a sequence of activities that must be completed on time, within budget, and at a minimal cost. |
|  | A) | True |
|  | B) | False |
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2 |  |  The scope of process management is all projects, whereas the scope of project management is a single project. |
|  | A) | True |
|  | B) | False |
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3 |  |  A project is considered successful if the resulting information system is developed at the lowest possible cost. |
|  | A) | True |
|  | B) | False |
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4 |  |  Feature creep is the unexpected and gradual growth of requirements during an information systems project, while scope creep is the uncontrolled addition of technical features to a system. |
|  | A) | True |
|  | B) | False |
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5 |  |  Among the basic functions of a project manager are scoping, planning, directing, estimating, scheduling, programming, and closing. |
|  | A) | True |
|  | B) | False |
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6 |  |  A PERT chart is a graphical network model that depicts a project’s tasks and the relationships between those tasks. |
|  | A) | True |
|  | B) | False |
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7 |  |  One of the key objectives of Joint Project Planning (JRP) is to have all stakeholders reach consensus on the business requirement statement for the project. |
|  | A) | True |
|  | B) | False |
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8 |  |  Statement of work depicts the hierarchical decomposition of a project into phases, activities, and tasks. |
|  | A) | True |
|  | B) | False |
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9 |  |  Pessimistic duration is the estimation of the maximum amount of time that it would take to perform a task. |
|  | A) | True |
|  | B) | False |
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10 |  |  A Gantt chart is the most commonly used project scheduling and progress evaluation tool. |
|  | A) | True |
|  | B) | False |
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