1. A project is: a. A set of sequential activities performed in a process or system. b. A revenue-generating activity that needs to be accomplished while achieving customer satisfaction C. An ongoing endeavor undertaken to meet customer or market requirements. d. A temporary endeavor undertaken to create a unique product, service, or result. 2. All of the following are true about project phases and the project life cycle EXCEPT: a. The completion and approval of one or more deliverables characterizes a project phase. b. The project life cycle defines the phases that connect the beginning of a project to its end. c. The transition from one phase to another within a project's life cycle generally involves, and is usually defined by, some form of technical transfer or hand-off. d. Cost and staffing levels are generally steady throughout the project life cycle. 3. The work breakdown structure is an excellent tool for objective control and evaluation Which of the following is generally not validated through the WBS? a. Time, schedule, and cost. b. Management coordination and organizational structuring. c. Risk and impact of the decision-making. d. Quality of the work. 4. Which of the following is not true about project stakeholders? a. They are individuals and organizations that are actively supportive of the project. b. They are individuals and organizations that are actively involved in the project. C. They are individuals and organizations whose interests may be affected as a result of project execution or project completion. d. They are individuals and organizations that may exert influence over the project's objectives and outcomes. 5. Project management is: a. The integration of the critical path method and the Earned Value Management system. b. The application of knowledge, skills, tools and techniques to project activities to meet project requirements. C. The application of knowledge, skills, wisdom, science, and art to organizational activities to achieve operational excellence. d. A subset of most engineering and other technical disciplines