Master Project Management with This Engaging Quiz!

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Questions and Answers

Which of the following is NOT an advantage of using formal project management?

  • Shorter development times
  • Improved customer relations
  • Higher worker morale (less stress) (correct)
  • Better control of financial, physical, and human resources

What percentage of the U.S. gross domestic product is spent on projects every year?

  • 10%
  • 25% (correct)
  • 75%
  • 50%

When was the Project Management Institute (PMI) founded?

  • 1959
  • 1979
  • 1969 (correct)
  • 1989

What has radically changed the work environment in organizations today?

<p>Increased use of interdisciplinary and global work teams (B)</p> Signup and view all the answers

How much does the world as a whole spend on projects of all kinds?

<p>$10 trillion (D)</p> Signup and view all the answers

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