Question

Which of the following is NOT a characteristic of a project?

	A.	They are unique.
	B.	They are routine.
	C.	They have specific due date.
	D.	They have a specific deliverable.
	E.	They have a purpose.

Which of the following can be included in a weighted scoring model for prioritization and selection of projects?

	A.	potential profitability of the project
	B.	potential impact on the firm’s competitive position
	C.	the organization’s ability to market the output of a project
	D.	All of the above can be included
	E.	only answers 1 and 2 above

Which of the following would be considered “projects” based on the definition from text and lecture?

	A.	the design and development of a new product
	B.	gathering and entering employment data for a Bureau of Labor Statistics quarterly report
	C.	producing a car on an automobile assembly line
	D.	answers 1 and 2 above
	E.	answers 1, 2, and 3 above

Answer 1

Answer: Option B. They are routine.

Projects are characterized to be non-routine and unique, having a specific purpose, deliverable, and due date by which to be completed. Hence, option B. is the correct answer.

Answer: Option D. All of the above can be included.

All the three items mentioned may be included as the criteria for the prioritization and selection of a project and hence, option D. is the correct answer.

Answer: Option D. answers 1 and 2 above

Producing a car on an automobile assembly line is of a routine nature and not a project while designing and developing a new product and gathering and entering data for the Bureau meet various characteristics of a project and hence option D. is the correct answer.