- Planning - Executing - Closing Question 2 Which of the following is NOT a reason why project management has become a standard way of doing business?...
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Question 1

In which stage of the project life cycle is the product of the project delivered to the customer and resources are released from the project?

- Identifying

- Defining

- Planning

- Executing

- Closing

Question 2

Which of the following is NOT a reason why project management has become a standard way of doing business?

-         Increased need for skilled management of stakeholders outside of organization.

-         Projects need to be done faster.

-         Organizations are doing more project work in-house instead of outsourcing.

-         Organizations are executing more and more projects.

-         Increased product complexity and innovation.

Question 3

Projects typically require the combined efforts of a variety of experts and specialists.

-         True

-         False

Question 4

Project Management is a style that places a premium on

-         building relationships.

-         including a diverse set of talent.

-         maintenance operations.

-         building relationships and including a diverse set of talent.

-         extensive testing only.

Question 5

People who are part of the project team need to understand project management because they

-         Work with others to create a schedule and budget.

-         Need to understand project priorities so they can make independent decisions.

-         Need to be able to monitor and report project progress.

-         Need to understand the project charter or scope statement that defines the objectives and parameters of the project.

-         All of these are reasons it is important for project team members to understand project management.

Question 6

Agile PM is incremental, iterative development and delivery whereas traditional PM does not deliver nor elicit feedback from the customer until the project is nearly complete.

-True

-False

Question 7

A project life cycle is characterized as made up of stages. The initial stage in the project life cycle is the __________ stage.

-         Conceptual

-         Closing

-         Defining

-         Planning

-         executing

Question 8

Iterative and incremental delivery means ______.

-         the project uses the traditional method of project management

-         the entire project product or service is delivered all at once at the end of the project

-         the project documentation is completed and delivered after each milestone

-         the components or features of the project product or service are delivered one at a time throughout the duration of the project

-         product functionality is delivered all at once at the end of the project

Question 9

The product life cycle must be understood as totally different from the project life cycle. In today's high-tech industries the product life cycle is averaging _________ to 3 years.

-         1 year

-         6 months

-         18 months

-         3 months

-         9 months

Question 10

Which of these is NOT part of the "technical dimension" of project management?

-         WBS

-         Budgets

-         Problem solving

-         Schedules

-         Status reports

Question 11

The fact that projects are not confined to a single department but may involve several departments and professionals is a defining characteristic of projects.

-         True

-         False

Question 12

Organizational objectives set targets for all levels of the organization not just for top management.

-         True

-         False

Question 13

One benefit of project portfolio management is that it can justify killing a project that doesn't support organization strategy.

-True

- False

Question 14

A written mission statement provides focus for decision making when shared by organizational managers and employees.

-         True

-         False

Question 15

In classifying the kinds of projects an organization has in its portfolio, projects that are typically needed to support current operations are _________ projects.

-         Strategic

-         Conformance

-         Compliance (must do)

-         Operational

-         Sacred cow

Question 16

A project that a powerful, high-ranking official is advocating is often termed a(n) ___________.

-         Bread-and-butter project

-         Sacred cow

-         Pearl

-         Oyster

-         White elephant

Question 17

When a prioritization team is balancing projects, they consider all factors except for

-         Risk.

-         Resource demand.

-         Leadership style.

-         Type of project.

-         All of these alternatives are correct.

Question 18

In classifying the kinds of projects an organization has in its portfolio, projects that directly support the organization's long-term mission are ________ projects.

-Strategic

- Conformance

- Compliance (must do)

- Operational

- Sacred cow

Question 19

The information gap refers to the lack of understanding and consensus of organization strategy among top and middle-level managers.

-         True

-         False

Question 20

How strategies will be realized, given available resources, is answered through __________.

-         Projects

-         resource allocation

-         implementation

-         frameworks

-         strategy formulation

Question 21

A project selection process that is strongly linked to strategy results in

-         the most profit.

-         better utilization of the organization's resources.

-         more projects.

-         a larger and more diverse organization.

-         stronger core competencies.

Question 22

Why do project managers need to understand their organization's mission and strategy?

- To reduce project duration and increase the number of projects implemented

- So, they can make appropriate decisions and adjustments and be effective project advocates

- It is only important for senior management to understand the organization's mission and strategy

- To get their job done and increase opportunities for promotion

- So that they can make sure the customer is satisfied

Question 23

Project selection criteria are typically classified as

-         financial and nonfinancial.

-         short-term and long-term.

-         strategic and tactical.

-         required and optional.

-         cost and schedule.

Question 24

________ translate the organization's strategy into specific, concrete, and measurable terms.

-         Vision statements

-         Mission statements

-         Lessons learned

-         Goals

-         Objectives

Question 25

All of the following are organizational considerations when determining the right project management structure EXCEPT

-         how important project management is to the success of the organization.

-         what percentage of core work involves projects.

-         resource availability.

-         assess current practices and determine any changes that are needed to more effectively manage projects.

-         budget constraints.

Question 26

One of the major disadvantages of the projectized form of project management structure is that it tends to be more expensive than other forms of organization.

-         True

-         False

Question 27

In the projectized form of project management structure, there is limited technological expertise when compared to the functional or matrix organization.

- True

- False

Question 28

Which of the below is a not considered a strength for a matrix organization?

-         Strong project focus.

-         Flexibility.

-         Easier post-project transition.

-         Streamlined project selection.

-         Better resource sharing and utilization.

Question 29

The arrangement that manages projects within the existing organizational structure is __________ organization.

-         Functional

-         balanced matrix

-         weak matrix

-         strong matrix

-         projectized

Question 30

It is common to use the functional organizational model when

-         there is direct influence from outside organizations.

-         the project manager has functional authority over any of the department heads.

-         project priority is high and an early, fast finish is required.

-         one functional area plays a dominant role in the project.

-         a technical organizational model will not work.

Question 31

A high level of motivation and the tendency for projects to get done more quickly are benefits of using the ________ organizational approach to project management.

-         dedicated project team

-         weak matrix

-         strong matrix

-         functional

-         projectized

Question 32

The cultural characteristic that refers to the degree to which rewards such as promotion and salary increases are allocated according to employee performance rather than seniority, favoritism, or other nonperformance factors is known as _____________.

-         member identity

-         team emphasis

-         management focus

-         unit integration

-         reward criteria

Question 33

High project costs and difficult post-project transition are two evident weaknesses of a(n) __________ organization.

-         dedicated project team

-         weak matrix

-         strong matrix

-         functional

-         projectized

Question 34

The ________ matrix form of project organization is likely to improve technical quality as well as provide a better system for managing conflict across projects because the functional manager assigns personnel to different projects.

-         Weak

-         Unified

-         Strong

-         Projectized

-         balanced

Question 35

Which of the following cultural characteristics relates to the degree to which management focuses on outcomes rather than on techniques and processes used to achieve those outcomes?

-         Risk tolerance

-         Reward criteria

-         Conflict tolerance

-         Means versus end orientation.

-         Open-systems focus

Question 36

The ________ matrix form of project organization can achieve better equilibrium between technical and project requirements, but it is a very delicate system to create and manage.

-weak

- unified

- strong

- projectized

- balanced

Question 37

When three forms of the matrix project management structure are considered, all share the same advantages and disadvantages and at an equal level.

-True

-False

Question 38

Which of the following is least likely to be included in a work package?

-         How long the work package should take to complete

-         A description of work to be performed

-         Overhead expenses

-         How much the work package should cost to complete

-         The person responsible for the work package

Question 39

Which of the following is a good example of a Process Breakdown Structure?

-         New car prototype

-         New software program

-         New instruction manual

-         New sports stadium

-         New project management book

Question 40

The project charter provides the project manager with written authority to use organizational resources for project activities.

-         True

-         False

Question 41

Once the __________ has been established, it is the basis for making trade-off decisions later in the project.

-         work breakdown structure

-         process breakdown structure

-         organization breakdown structure

-         project priority matrix

-         responsibility matrix

Question 42

Taking advantage of opportunities to reduce costs or accelerate the schedule are examples of project criteria classified as ____________.

-enhanced

- accepted

- constrained

- static

- unchangeable

Question 43

After reviewing the project scope statement, the owner specifies that costs MUST stay within $400,000. This criterion is classified as

-         constrained.

-         enhanced.

-         accepted.

-         limited.

-         fixed.

Question 44

A Process Breakdown Structure is a replacement for the Work Breakdown Structure for projects with tangible outcomes.

-         True

-         False

Question 45

The intersection of work packages and the organizational unit creates a project control point called a cost account.

-True

- False

Question 46

In reviewing the project plan, a project professional sees that the first prototype must be completed by October 12. This would be best classified as a

-         project target.

-         limit item.

-         milestone.

-         project objective

-         critical goal.

Question 47

Scope definition is among the first tasks that must happen in projects. How is project scope defined?

-         The length of your project and how much it will cost

-         The deliverables or outputs during the course of the project

-         The range of resources you have available and their capabilities

-         What you expect to deliver to your customer when the project is complete

-         The range of customer expectations

Question 48

A Process Breakdown Structure can provide a reasonable alternative to a Work Breakdown structure for an extensive development project if

-         phase exit criteria are firmly established.

-         there are appropriate predecessor relationships in place.

-         deliverables are tightly aligned to milestones.

-         tangible products are being developed.

-         risk planning is included early in the project.

Question 49

When specific work packages are assigned to a particular group or person within the organization, the result is called a(n) ___________.

-         work breakdown structure

-         process breakdown structure

-         organization breakdown structure

-         project priority matrix

-         responsibility matrix

Question 50

For large companies, the organization breakdown structure is used rather than the work breakdown structure.

-         True

-         False

 

 

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