MGT 437

FINAL EXAM

Place a T for True; F for False in space to left of statement

1. T

The project manager has no real authority in a line-staff organization.

1. F

A management reserve is part of the budget controlled by the project manager

1. T

Project milestone schedules do not contain budget information

1. F

In top-down budgeting all tasks are well identified.

1. F

A schedule illustrates the soup of the day

1. T

SMART means: specific, measurable, assignable, realistic, time-related

1. F

A WBS is a resource allocation summary

1. T

Organizational management structure is not a driving force behind project management

1. F

Statement of work is a major component of the planning phase

1. T

Competitive necessity is used to select a project

1. F

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