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Which of the following is not a potential advantage of using good project management?
a) shorter development times
b) higher worker morale
c) lower cost of capital
d) higher profit margins
a) shorter development times
b) higher worker morale
c) lower cost of capital
d) higher profit margins
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Question
A ________ is a temporary endeavor undertaken to create a unique product, service or result.
a) program
b) process
c) project
d) portfolio
a) program
b) process
c) project
d) portfolio
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Project Management
| Question | Answer |
|---|---|
| Which of the following is not a potential advantage of using good project management? a) shorter development times b) higher worker morale c) lower cost of capital d) higher profit margins | C: Lower cost of capital |
| A ________ is a temporary endeavor undertaken to create a unique product, service or result. a) program b) process c) project d) portfolio | C: Project |
| Which of the following is not an attribute of a project? a) Project are unique b) Projects are developed using progressive elaboration c) Projects have a primary customer or sponsor d) Projects involve little uncertainty | D: Projects involve little uncertainty |
| Which of the following is not part of the triple constraint of project management? a) meeting scope goals b) meeting time goals c) meeting communication goals d) meeting cost goals | C: Meeting communication goals |
| Project portfolio management addresses ________ goals of an organization, whereas project management addresses ________ goals. a) strategical, tactical b) tactical, strategical c) internal, external d) external, internal | A: strategic, tactical |
| The most significant characteristic or attribute of an effective project manager is that he or she_________. a) is a strong communicator b) is decisive c) is visionary d) leads by example | D: Leads by example |
| What document provides justification for investing in a project? a) project charter b) business case c) preliminary scope statement d) stakeholder analysis | B: Business case |
| What document formally recognizes the existence of a project and provides direction on the project's objectives and management? a) project charter b) business case c) preliminary scope statement d) stakeholder analysis | A: Project charter |
| What is a crucial part of the project charter--a section in which key project stakeholders acknowledge their agreement on the need for a project? a) project objectives b) approach c) roles and responsibilities d) sign-off | D: Sign-off |
| Which project document should not be made available to all key project stakeholders due to its sensitive nature? a) project charter b) business case c) preliminary scope analysis d) stakeholder analysis | D: Stakeholder analysis |
| All project meetings with major stakeholders should include a) an agenda b) food c) name tags d) all of the above | A: An agenda |
| The tendency for project scope to increase is called_________. a) gold-plating b) incremental planning c) scope creep d) analysis | C: Scope creep |
| What can project teams create to help promote teamwork and clarify team communications? a) a project website b) a team-building plan c) a team roster d) a team contract | D: A team contract |
| The main purpose of project planning is to: a) obtain funding for the project b) guide project execution c) clarify roles and responsibilities d) keep senior managers informed | B: Guide project execution |
| A__________ is a deliverable-oriented grouping of the work involved in a project that defines the total scope of the project. a) contract b) Gantt chart c) WBS d) network diagram | C: WBS |
| A__________ is task at the lowest level of the WBS that represents the level of work that the project manager uses to monitor and control the project. a) WBS dictionary b) budget item c) line item d) work package | D: Work package |
| What is the first step in planning a project schedule? a) developing a budget b) developing an activity list c) assigning resources to the project d) determining activity sequencing | B: Developing an activity list |
| ___________ is defined as the degree to which a set of inherent characteristics fulfill requirements. a) Fitness for use b) Conformance to requirements c) Metrics d) Quality | D: Quality |
| ___________ allow organizations to measure their performance in certain areas--such as failure rates, availability and reliability--and compare them over time or with other organizations. a) Ratings b) Metrics c) Quality-control charts d) Checklists | B: Metrics |
| A RACI is a type of____________. a) project organizational chart b) resource histogram c) responsibility assignment matrix d) project dashboard | C: Responsibility assignment matrix |
| Topics such as who will receive project information and who will produce it, suggested methods or guidelines for conveying the information, frequency of communication, and escalation procedures for resolving issues should be described in a________. | A: Communications management plan |
| What two dimensions should you use when evaluating project risks? a) probability and impact b) cost and schedule c) negative and positive d) source and responsibility | A: Probability and impact |
| Fortune magazine summarized research showing that the main reason CEOs failed was due to___________. a) poor planning b) poor execution c) global competition d) low stock prices | B: Poor execution |
| Which of the following is not a soft skill? a) leadership b) motivation c) team building d) financial analysis | D: Financial analysis |
| Most project sponsors would say that the most important output of any project is____________. a) a satisfied customer/sponsor b) good financial results c) its deliverables d) good plans | C: It's deliverables |
| Which conflict handling mode do successful project managers use most often? a) confrontation b) compromise c) smoothing d) forcing | A: Confrontation |
| ___________ includes all of the activities relate to satisfying the relevant quality standards for a project. a) Quality assurance b) Quality control c) Customer satisfaction d) ISO certification | A: Quality assurance |
| If a project team goes from three people to six, how many more communication channels are there? a) 3 b) 6 c) 9 d) 12 | D: 12 |
| ___________ involves formal acceptance of the completed project scope by the stakeholders. a) Scope creep b) Scope verification c) Deliverable acceptance d) Customer sign-off | B: Scope verification |
| _________ issues cause the most conflict over the life of the project. a) Change control b) Scope creep c) Cost d) Schedule | D: Schedule |
| Which of the following is not a tool or technique for managing project teams? a) observation and conversation b) issue logs c) performance appraisals d) control charts | D: Control charts |
| ________ predict future project status and progress based on the past information and trends. a) Forecasts b) Status reports c) Progress reports d) Histograms | A: Forecasts |
| __________ are unplanned responses to risk events. a) Contingencies b) Reserves c) Workarounds d) Over allocations | B: Workarounds |
| True or False: Even though many projects are canceled before completion, it is still important to formally close any project. | TRUE |
| True or False: Closing often includes verifying that all of the deliverables are complete. | TRUE |
| True or False: Closing often includes a final presentation and report. | TRUE |
| True or False: Closing does not include developing a transition plan. | FALSE |
| Answering questions such as "What will you do different on the next project based on this experience?" is part of a________ a) lessons-learned report b) customer aceptance/project completion form c) written notice of contract closure d) transition pla | A: Lessons-learned report |
| A________ is an optimal way recognized by industry to achieve a stated goal or objective. a) benchmark b) key performance indicator c) capability d) best practice | D: Best practice |
| Which of the following is not a benefit of having a high project management maturity level? a) lower turnover rates b) better project performance c) lower direct cost of project management d) more predictable cost and schedule performance | A: Lower turnover rates |
| What are the parts of a triple constraint? | Scope goal, Cost goal, Time goal |
| What variable is sometimes considered the "quadruple constraint"? | Quality |
| What are the nine knowledge areas of project management? | 1) Integration management 2) Scope management 3) Time management 4) Cost management 5) Quality management 6) Human Resources management 7) Communications management 8) Risk management 9) Procurement management |
| What does RACI mean and how is it used? | R: responsibility A: accountability C: consultation I: informed * It is used to clarify people's roles on the project |
| Why should project managers perform a stakeholder analysis? | To help manage relationships with key stakeholders |
| What information should a Stakeholder Analysis include? | 1) Name 2) Organization 3) Role on project 4) Unique facts 5) Level of interest 6) Level of influence 7) Suggestion on managing relationship |
| What is a team contract and what should be included? | A document created to help promote teamwork and clarify team communications. 1) Code of conduct 2) Participation 3) Communication 4) Problem solving 5) Meeting guidelines |
| Name five items that should be included in the Communication Management plan. | 1) Stakeholder communications requirements 2) Information to be communicated 3) Who will receive the info and who will produce it 4) Suggested methods or guidelines for conveying information 5) Glossary of common terminology used for the project |
| What are the five ways to manage conflicts? | 1. Confrontation 2. Compromise 3. Smoothing 4. Forcing 5. Withdrawal |
| What are the four primary components of clear and succinct meeting minutes? | 1) Purpose 2) Attendees 3) Decisions 4) Next actions |
| As part of the communication plan, what are the methods for performance reporting? Which methods address the triple constraint? | 1) Status reports 2) Progress reports 3) Forecasts ***Status reports |
| What are the four questions that should be included in the Lessons Learned Report? | 1) What worked well? 2) What needs improvement? 3) Suggested actions for improvement? 4) General feedback |
| Name five areas of strength for Alpha Project Managers? | 1) Initiating 2) Planning 3) Executing 4) Controlling 5) Closing |
| Name four deliverables of the project management lifecycle. | ??? |
| What type am I? What does it mean? Challenges? Ways to mitigate? | Extravert: Source and diretion of energy is from outside forces. Sensing: Believes mainly in information received from the outside world. Feeling: Makes decisions based on emotion Judging: Organized life events according to plan Judging: |
Created by:
cdarnold2