Project Management is a style that places a premium onMultiple Choicebuilding relationships and including a diverse set of talent.extensive testing only.maintenance operations.building relationships.including a diverse set of talent.Three possible outcomes emanate from each gate. They are $\_\_\_\_.$Multiple Choicereduce scope, kill, increase scopeproceed, cancel, or revise and submitcontinue, kill, enhanceallocate resources, reduce resources, cancelencourage, discourage, passExamples of nonfinancial criteria include all of the following EXCEPTMultiple Choicemaking it difficult for competitors to enter the market.capturing a larger market share.reducing dependency on unreliable suppliers.preventing government intervention and regulation.calculating the time it will take to recover the project investment.The salary of the project manager would be an example of what type of cost found in a project?Multiple ChoiceDirect project overheadSalaryLaborDirectGeneral and administrative overheadThe two dimensions within project management processes areMultiple ChoicePlanned and unexpected.Unique and reoccurring.Cost and time.Technical and sociocultural.Established and new.The assessment of the external and internal environments is called $\_\_\_\_\_\_\_$ analysis.Multiple ChoiceStrategicMarketIndustrySWOTCompetitiveThe cultural characteristic that refers to the degree to which employees are encouraged to air conflicts and criticisms openly is known as $\_\_\_\_\_\_\_\_\_\_\_.$Multiple Choiceopen$-$systems focusreward criteriaunit integrationteam emphasisconflict toleranceFactors in identifying cultural characteristics include all the following EXCEPTMultiple ChoiceAttitude.All of these are factors in identifying cultural characteristics.Norms.Customs.Values.Purchasing an accident insurance policy would be an example of responding to a risk by $\_\_\_\_\_\_\_\_\_\_\_\_\_$ it$.$Multiple ChoicemitigatingescalatingtransferringretainingavoidingA professional organization for project managers is the $\_\_\_\_\_\_\_\_\_\_\_.$Multiple ChoiceProject Management Institute $($PMI$)$The Union of Project ProfessionalsOrganization for Project Managers and ProfessionalsInstitute for Project ManagersSociety for Project Professionals and Project ManagersThe activity time estimates used to build a project network are derived from $\_\_\_\_\_\_\_\_.$Multiple Choiceproject charterproject planwork packagesscope statementrequirements docActivities which can take place at the same time are termedMultiple Choiceparallel activity.burst activity.independent activity.merge activity.critical path.Reasons why estimating time and cost are important include all of the following EXCEPTMultiple Choiceto schedule work.to help establish a project selection process.to determine how well the project is progressing.to develop cash flow needs.to determine how long the project should take and cost.Project costs such as labor and materials are typically classified as $\_\_\_\_\_\_\_\_\_\_\_$ costs.Multiple Choicegeneral and administrative overheadfixeddirectinteractiondirect project overheadThe highest element in the hierarchical breakdown of the WBS isMultiple Choicesub$-$deliverables.major deliverables.the project.a cost account.a work package.The $\_\_\_\_\_\_\_\_$ calculates the critical path and determines how long an activity can be delayed without delaying the project.Multiple Choiceparallel passuniversal passforward passbackward passconcurrent passEstimates should be made based on $\_\_\_\_\_\_\_\_\_\_\_$ conditions, efficient methods, and a normal level of resources.Multiple Choicenormalaverageabnormalstandardabove normalWhich of the following correctly calculates the late start for an activity?Multiple ChoiceLF $-$ DURES $-$ SLES $-$ DURLF $-$ SLEF $-$ DUR