1. It was empirically demonstrated that the project manager's value mindset is related to ______.

a. reducing project risks.

b. exploiting opportunities and to project value.

c. meeting technical requirements.

d. reducing project plan changes.

2. The definition of the project value proposition of a project is represented by the __________

a. Project plan.

b. Project mission.

c. Project plan and mission.

d. Project value proposition.

3. If the project strategy is focused on "maximize the profit margin" for the implementing organization, project value is maximized by:

a. Satisfying existing customers to keep market share.

b. Minimizing the project budget (implementation cost)

c. Building customized solutions.

d. Developing new technologies to achieve technology leadership.

4. Achieving shareholder value is crucial for the success of any project. For an innovation project like Apple's first generation iPad, which of the value areas is MOST important?

a. Maximize customer satisfaction.

b. Maximize Process Value.

c. Minimize service costs.

d. Maximize Output Value.

5. Which value perspective was most important for the year 2000 software update projects?

a. Shareholder value project income.

b. Outcome value software quality.

c. Process value project cost.

d. Stakeholder value customer satisfaction.