Management by Objectives Quiz

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Questions and Answers

What is the process of establishing clear and achievable objectives, measuring their achievement, and adjusting performance in accordance with the results of the measurement called?

  • Management by Objectives (correct)
  • Strategic Planning
  • Contingency Planning
  • Detailed planning

During the full life cycle of a project, a characteristic S curve of expected expenditures indicates:

  • Problems will always occur in the execution phase.
  • The bulk of the project budget will be spent in the execution phase. (correct)
  • There are high expenditures during closeout.
  • There is a cyclic nature to all projects.

In which project lifecycle phase would you expect to have the greatest influence on overall project cost?

  • Concept (correct)
  • Build
  • Launch
  • Design

What is a characteristic feature of a project's expected expenditures during its full life cycle?

<p>Expenditures peak during execution and decrease during closeout. (A)</p> Signup and view all the answers

What is a key activity in management by objectives?

<p>Reviewing employee performance relative to objectives. (C)</p> Signup and view all the answers

What is the process of establishing clear and achievable objectives, measuring their achievement, and adjusting performance in accordance with the results of the measurement called?

<p>Management by Objectives (C)</p> Signup and view all the answers

During the full life cycle of a project, a characteristic S curve of expected expenditures indicates:

<p>The bulk of the project budget will be spent in the execution phase. (B)</p> Signup and view all the answers

What is a key activity in management by objectives?

<p>Discussing employee objectives and reviewing performance relative to those objectives. (D)</p> Signup and view all the answers

In which project lifecycle phase would you expect to have the greatest influence on overall project cost?

<p>Concept (B)</p> Signup and view all the answers

What is a characteristic feature of a project's expected expenditures during its full life cycle?

<p>Expenditures follow an S curve with peak during execution phase. (B)</p> Signup and view all the answers

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