PMP Project Management Professional Exam Study Guide, 10th Edition

Appendix AAnswers to Review Questions

Chapter 1: Building the Foundation

1. C. The Project Management Institute (PMI)^® is the industry-recognized standard for project management practices.
2. B. Projects exist to create a unique product, service, or result. The new color line is not a unique product. A minor change has been requested (to add a new color), indicating that this is an ongoing operations function. Some of the criteria for projects are that they are unique, temporary with definitive start and end dates, and considered complete when the project goals are achieved.
3. A. This is a project. The product line is new, which implies that this is a unique product—it hasn't been done before. You can discern a definite start and end date by the ...