Chapter 2 – Project Initiation

1. A temporary endeavor that produces a unique product service or result.
2. A group of projects managed in a coordinated fashion.
3. A group of unrelated projects and programs.
4. Functional.
5. Project-based and strong matrix.
6. Project D has a payback period of one year and an NPV of $350,000.
7. True.

8. 10.
9. The project manager is in charge of the project and the team.
10. Integration-management.
11. Constrained optimization.
12. There is an equal amount of focus on project and functional/operational work.
13. Scope-management.
14. The organization needs to change a process or product for regulatory compliance.
15. Stakeholder management.