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Project

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0% found this document useful (0 votes)
28 views

Project

Uploaded by

qntvshhw5n
Copyright
© © All Rights Reserved
Available Formats
Download as TXT, PDF, TXT or read online on Scribd
You are on page 1/ 16

Which of the following are the five process groups in project management?

A) Initiating, planning, executing, monitoring, and controlling.


B) Initiating, planning, executing, monitoring, and closing.
C) Initiating, scoping, executing, monitoring, and closing.
D) Initiating, planning, executing, testing, and closing.
ANSWER: B

Which of the following is typically not included in the project final report?
A) Administrative performance.
B) Project performance.
C) Organizational structure.
D) Project teamwork.
E) Risk analysis and risk management.
ANSWER: C

Which of the following is not a convention for estimating progress on tasks?


A) 100 percent.
B) Milestone.
C) 50-50.
D) Time/cost ratio.
ANSWER: B

Which of the following is not a primary mechanism by which the PM exerts control?
A) Reviews.
B) Personnel assignments.
C) Audit reports.
D) Resource allocation.
E) All of the above are mechanisms by which the PM exerts control.
ANSWER: C

Which of the following is not a subprocess of Risk Management?


A) Risk Development Analysis.
B) Risk Management Planning.
C) Risk Response Planning.
D) Risk Monitoring and Control.
ANSWER: A

According to research, which of the following is not an important dimension of


project success?
A) Project efficiency.
B) Project team cohesiveness.
C) Customer impact/satisfaction.
D) Business/direct success.
E) Future potential.
ANSWER: B

Which of the following is a guideline to stop a project from having long, dreaded
meetings and possibly slow down the project schedule?
A) Hold “Weekly Progress Report” meetings.
B) Have excessive formality at project meetings.
C) Always attribute remarks to individuals in the minutes.
D) Distribute a written agenda in advance of the meetings.
ANSWER: D

Which of the following is a valid weakness to the Gantt Chart?


A) What appears on the chart may require intimate knowledge of the project's
technologies.
B) Requires training to analyze.
C) Difficult to read.
D) Requires a lot of technical knowledge.
ANSWER: A

Which of the following is NOT a typical step in a project audit?


A) Audit the project after completion.
B) Distribute the report.
C) Familiarize the audit team with the requirements of the project.
D) Write the audit report in the required format.
ANSWER: A

Which of the following is not a typical step in a project audit?


A) Familiarize the audit team with the requirements of the project.
B) Collect benchmark data from other similar projects.
C) Audit the project on-site.
D) Write-up the audit report in the required format.
E) Distribute the report.
ANSWER: B

Which of the following statements is not true about the project charter?
A) It determines the scope of the project.
B) It names the project manager for the project.
C) It authorizes the project manager to use organizational resources to perform
project activities.
D) It provides a high-level product description.
ANSWER: A

Which of the following is an output of the scope definition process?


A) Project charter.
B) Project scope statement.
C) Preliminary project scope statement.
D) Project schedule.
ANSWER: B

Activity D on a CPM network has predecessors B and C, and has successor F. D has
duration 6. B's earliest finish is 18, while C's is 20. F's late start is 26. Which
of the following is definitely true?
A) B is a critical activity.
B) C is completed before B.
C) D has no slack but is not critical.
D) D is critical and has zero slack.
E) F is critical and has zero slack.
ANSWER: D

Which of the following is NOT a trend in Project Management?


A) Achieving Strategic Goals.
B) Improving a project's success.
C) Ritual Projects.
D) Quasi-Projects.
ANSWER: C

Which of the following is not a rule for controlling/reducing the scope creep in a
project?
A) Consult PM on all proposed changes.
B) Include a change control system.
C) Fighting change.
D) Introduce a change order.
ANSWER: C

Which of the following is not a purpose of the Project Launch Meeting?


A) To make sure that the PM understands the expectations that the organization, the
client and other stakeholders have for the project.
B) To identify those among senior managers who have major interest in the project.
C) To determine if anything about the project is atypical for projects of the same
general kind.
D) All of the above are a purpose of the meeting.
ANSWER: D

Which of the following is not part of the project audit report?


A) Current status.
B) Final comments.
C) Future project status.
D) Conclusion.
ANSWER: C

Which of the following is not a project selection method?


A) Expert judgment.
B) Scoring models.
C) Benefit/cost ratio.
D) Cash flow.
E) Cost variance.
ANSWER: E

You are looking into strategies to deal with the negative risks in your project.
Which of the following is not a strategy that you can use to deal with negative
risks?
A) Avoid.
B) Transfer.
C) Mitigate.
D) Audit.
ANSWER: D

Which of the following is the result of a project launch meeting?


A) The project's scope is understood and temporarily fixed.
B) Any potential benefits to the organization outside of the scope of the project
are ignored.
C) The various team members understand their responsibilities.
D) Both a) and b).
E) Both b) and c).
ANSWER: A

Which of the following is not a fundamental reason for project failure?


A) A project was not required for this task in the first place.
B) Insufficient support from senior management.
C) Naming the wrong technical team.
D) Poor up-front planning.
ANSWER: C

Which of the following terms is most closely associated with a task required by the
project?
A) Activity.
B) Event.
C) Milestone.
D) Network.
E) Path.
ANSWER: A

Which of the following is not a main duty of the termination manager?


A) Oversee the closing of the project’s books.
B) Complete the project final report.
C) Ascertain any product support requirements.
D) Ensure completion of work.
E) Ensure that documentation is complete.
ANSWER: B

In which of the following project states is the value of the project audit of
rather limited usefulness?
A) Master schedule.
B) Initiation.
C) Feasibility study.
D) Preliminary plan/schedule budget.
E) The value of the project audit is very useful in all of the above project
states.
ANSWER: A

You are using a cause and effect diagram to find real causes of a problem by
exploring all the possible causes. Which quality process are you performing?
A) Quality assurance.
B) Quality planning.
C) Quality control.
D) Auditing.
E) Inspection.
ANSWER: C

The five process groups in project management include initiating, planning,


executing, monitoring, and closing.
A) TRUE
B) FALSE
ANSWER: A

The final project report typically does not include the organizational structure.
A) TRUE
B) FALSE
ANSWER: A

Using milestones is not a standard method for estimating task progress.


A) TRUE
B) FALSE
ANSWER: A

Audit reports are not a key method for a project manager to exert control.
A) TRUE
B) FALSE
ANSWER: A

Risk Development Analysis is not a recognized subprocess of Risk Management.


A) TRUE
B) FALSE
ANSWER: A

According to research, project team cohesiveness is not a critical dimension of


project success.
A) TRUE
B) FALSE
ANSWER: A

Distributing a written agenda before meetings is a strategy to avoid lengthy and


ineffective project meetings.
A) TRUE
B) FALSE
ANSWER: A

A known limitation of the Gantt Chart is that it might require detailed technical
knowledge of the project's technologies.
A) TRUE
B) FALSE
ANSWER: A

Auditing the project post-completion is not a typical step in project audits.


A) TRUE
B) FALSE
ANSWER: A

Gathering benchmark data from similar projects is not a usual step in a project
audit.
A) TRUE
B) FALSE
ANSWER: A

The project charter does not determine the scope of the project.
A) TRUE
B) FALSE
ANSWER: B

The project scope statement is an output of the scope definition process.


A) TRUE
B) FALSE
ANSWER: A

If activity D in a CPM network has predecessors B and C and successor F, with F's
late start being 26, then D is critical and has zero slack.
A) TRUE
B) FALSE
ANSWER: A

Ritual Projects are not a trend in Project Management.


A) TRUE
B) FALSE
ANSWER: A

Fighting change is not a strategy for controlling or reducing scope creep in a


project.
A) TRUE
B) FALSE
ANSWER: A

Ensuring the project manager understands stakeholder expectations is a purpose of


the Project Launch Meeting.
A) TRUE
B) FALSE
ANSWER: A

Future project status is not included in the project audit report.


A) TRUE
B) FALSE
ANSWER: A
Cost variance is not a method used for project selection.
A) TRUE
B) FALSE
ANSWER: A

An audit is not a strategy for managing negative risks in a project.


A) TRUE
B) FALSE
ANSWER: A

A key result of the project launch meeting is the temporary fixing and
understanding of the project's scope.
A) TRUE
B) FALSE
ANSWER: A

Incorrectly assigning the technical team is not a fundamental reason for project
failure.
A) TRUE
B) FALSE
ANSWER: A

The term 'activity' is closely related to a task required by the project.


A) TRUE
B) FALSE
ANSWER: A

Completing the project final report is not one of the main duties of the
termination manager.
A) TRUE
B) FALSE
ANSWER: A

In the master schedule phase, the project audit's value is quite limited.
A) TRUE
B) FALSE
ANSWER: A

Using a cause and effect diagram to explore all possible causes of a problem is an
aspect of quality control.
A) TRUE
B) FALSE
ANSWER: A

A hybrid gasoline-electric automobiles project is categorized as a Platform


Project.
A) TRUE
B) FALSE
ANSWER: A

Future project status is not included in the project audit report.


A) TRUE
B) FALSE
ANSWER: A

It is false that the project manager must rely solely on the accounting department
for special project accounting rules.
A) TRUE
B) FALSE
ANSWER: A

Bottom-up budgeting is seldom used.


A) TRUE
B) FALSE
ANSWER: A

Project manager performance is not addressed in a “Project Final Report”.


A) TRUE
B) FALSE
ANSWER: A

The overall budget cost in top-down budgeting is generally not very accurate.
A) TRUE
B) FALSE
ANSWER: B

The business case for the project should be included in the project charter.
A) TRUE
B) FALSE
ANSWER: A

Quality planning is the first process performed among quality processes.


A) TRUE
B) FALSE
ANSWER: A

Traditional statistics assume that the paths are independent, which is a reason to
use simulation instead.
A) TRUE
B) FALSE
ANSWER: A

A hybrid gasoline-electric automobiles project is under which project category?


A) Platform Projects.
B) Derivative Projects.
C) R&D Projects.
D) Resource Projects.
ANSWER: A

Which of the following is not part of the project audit report?


A) Current status.
B) Final comments.
C) Future project status.
D) Conclusion.
ANSWER: C

Which of the following statements is not true about a firm and its project
accounting?
A) Each firm has its own rules with regard to the allocation of overhead.
B) Most firms must comply with the Sarbanes-Oxley Act.
C) The project manager must rely on the accounting department to make special.
D) Most firms have their own accounting idiosyncrasies.
E) Unexpected charges may suddenly appear when the PM least expects it.
ANSWER: C

Which of the following is not true regarding bottom-up budgeting?


A) The method tends to be inaccurate in the detailed tasks.
B) The WBS is used to identify the elemental tasks.
C) It is rarely used.
D) It is a good managerial training technique.
E) All of the above are true concerning top-down budgeting.
ANSWER: C

Which of the following is NOT one of the items addressed in a “Project Final
Report”?
A) Project teamwork.
B) Organizational structure.
C) Project performance.
D) Project manager performance.
ANSWER: D

Which of the following is not true regarding top-down budgeting?


A) It is based on the collective judgments of top and middle managers.
B) Overall project costs are estimated by top and middle managers and then passed
on to the next lower level.
C) The overall budget cost is generally not very accurate.
D) Overlooking small but important tasks can lead to a serious budgetary problem.
E) All of the above are true concerning top-down budgeting.
ANSWER: C

Which of the following should always be included in a project charter?


A) Business case for the project.
B) Statement of work.
C) Project scope statement.
D) Project management plan.
ANSWER: A

Which of the following quality processes is performed first?


A) Quality definition.
B) Quality planning.
C) Perform quality control.
D) Perform quality assurance.
ANSWER: B

Which of the following is a valid reason for using Simulation instead of


Traditional Statistics?
A) Task durations are statistically independent in the Traditional Statistics.
B) The Traditional way assumes that the paths are independent.
C) Computational efforts in Traditional Statistics.
D) The Traditional practices are out-of-date.
ANSWER: B

The five process groups in project management are initiating, planning, executing,
monitoring, and closing.
A) TRUE
B) FALSE
ANSWER: A

Organizational structure is typically not included in the project final report.


A) TRUE
B) FALSE
ANSWER: A

Milestone is not a convention for estimating progress on tasks.


A) TRUE
B) FALSE
ANSWER: A
Audit reports are not a primary mechanism by which the PM exerts control.
A) TRUE
B) FALSE
ANSWER: A

Risk Development Analysis is not a subprocess of Risk Management.


A) TRUE
B) FALSE
ANSWER: A

Project team cohesiveness is not an important dimension of project success


according to research.
A) TRUE
B) FALSE
ANSWER: A

Distributing a written agenda in advance of the meetings is a guideline to stop a


project from having long, dreaded meetings and possibly slow down the project
schedule.
A) TRUE
B) FALSE
ANSWER: A

A valid weakness of the Gantt Chart is that what appears on the chart may require
intimate knowledge of the project's technologies.
A) TRUE
B) FALSE
ANSWER: A

Auditing the project after completion is not a typical step in a project audit.
A) TRUE
B) FALSE
ANSWER: A

Collecting benchmark data from other similar projects is not a typical step in a
project audit.
A) TRUE
B) FALSE
ANSWER: A

The project charter determines the scope of the project.


A) TRUE
B) FALSE
ANSWER: B

Project scope statement is an output of the scope definition process.


A) TRUE
B) FALSE
ANSWER: A

Activity D on a CPM network, given its predecessors B and C, and successor F, with
F's late start being 26, is critical and has zero slack.
A) TRUE
B) FALSE
ANSWER: A

Ritual Projects is not a trend in Project Management.


A) TRUE
B) FALSE
ANSWER: A

Fighting change is not a rule for controlling/reducing the scope creep in a


project.
A) TRUE
B) FALSE
ANSWER: A

All of the above are purposes of the Project Launch Meeting.


A) TRUE
B) FALSE
ANSWER: A

Future project status is not part of the project audit report.


A) TRUE
B) FALSE
ANSWER: A

Cost variance is not a project selection method.


A) TRUE
B) FALSE
ANSWER: A

Audit is not a strategy to deal with negative risks in your project.


A) TRUE
B) FALSE
ANSWER: A

The project's scope is understood and temporarily fixed is a result of a project


launch meeting.
A) TRUE
B) FALSE
ANSWER: A

Naming the wrong technical team is not a fundamental reason for project failure.
A) TRUE
B) FALSE
ANSWER: A

Activity is most closely associated with a task required by the project.


A) TRUE
B) FALSE
ANSWER: A

Completing the project final report is not a main duty of the termination manager.
A) TRUE
B) FALSE
ANSWER: A

The value of the project audit is of rather limited usefulness in the master
schedule project state.
A) TRUE
B) FALSE
ANSWER: A

Using a cause and effect diagram to find real causes of a problem by exploring all
the possible causes is performing quality control.
A) TRUE
B) FALSE
ANSWER: A

A hybrid gasoline-electric automobiles project is under Platform Projects category.


A) TRUE
B) FALSE
ANSWER: A

Future project status is not part of the project audit report.


A) TRUE
B) FALSE
ANSWER: A

The project manager must rely on the accounting department to make special project
accounting rules is not true about a firm and its project accounting.
A) TRUE
B) FALSE
ANSWER: A

Bottom-up budgeting is rarely used.


A) TRUE
B) FALSE
ANSWER: A

Project manager performance is not one of the items addressed in a “Project Final
Report”.
A) TRUE
B) FALSE
ANSWER: A

The overall budget cost is generally not very accurate in top-down budgeting.
A) TRUE
B) FALSE
ANSWER: B

The business case for the project should always be included in a project charter.
A) TRUE
B) FALSE
ANSWER: A

Quality planning is performed first among the quality processes.


A) TRUE
B) FALSE
ANSWER: A

The Traditional way assumes that the paths are independent is a valid reason for
using Simulation instead of Traditional Statistics.
A) TRUE
B) FALSE
ANSWER: A
What are the five process groups in project management?
A) Initiating, planning, executing, monitoring, and controlling
B) Initiating, planning, executing, monitoring, and closing
C) Initiating, scoping, executing, monitoring, and closing
D) Initiating, planning, executing, testing, and closing
ANSWER: B

What is typically not included in the project final report?


A) Administrative performance
B) Project performance
C) Organizational structure
D) Project teamwork
ANSWER: C

Which of the following is not a convention for estimating progress on tasks?


A) 100 percent
B) Milestone
C) 50-50
D) Time/cost ratio
ANSWER: B

Which of the following is not a primary mechanism by which the PM exerts control?
A) Reviews
B) Personnel assignments
C) Audit reports
D) Resource allocation
ANSWER: C

Which of the following is not a subprocess of Risk Management?


A) Risk Development Analysis
B) Risk Management Planning
C) Risk Response Planning
D) Risk Monitoring and Control
ANSWER: A

According to research, which of the following is not an important dimension of


project success?
A) Project efficiency
B) Project team cohesiveness
C) Customer impact/satisfaction
D) Business/direct success
ANSWER: B

What is a guideline to stop a project from having long, dreaded meetings and
possibly slow down the project schedule?
A) Hold “Weekly Progress Report” meetings
B) Have excessive formality at project meetings
C) Always attribute remarks to individuals in the minutes
D) Distribute a written agenda in advance of the meetings
ANSWER: D

Which of the following is a valid weakness of the Gantt Chart?


A) What appears on the chart may require intimate knowledge of the project's
technologies
B) Requires training to analyze
C) Difficult to read
D) Requires a lot of technical knowledge
ANSWER: A

Which of the following is not a typical step in a project audit?


A) Audit the project after completion
B) Distribute the report
C) Familiarize the audit team with the requirements of the project
D) Write the audit report in the required format
ANSWER: A

Which of the following is not a typical step in a project audit?


A) Familiarize the audit team with the requirements of the project
B) Collect benchmark data from other similar projects
C) Audit the project on-site
D) Write-up the audit report in the required format
ANSWER: B

Which of the following statements is not true about the project charter?
A) It determines the scope of the project.
B) It names the project manager for the project.
C) It authorizes the project manager to use organizational resources to perform
project activities.
D) It provides a high-level product description.
ANSWER: A

Which of the following is an output of the scope definition process?


A) Project charter
B) Project scope statement
C) Preliminary project scope statement
D) Project schedule
ANSWER: B

Activity D on a CPM network has predecessors B and C, and has successor F. D has a
duration of 6. B's earliest finish is 18, while C's is 20. F's late start is 26.
Which of the following is definitely true?
A) B is a critical activity.
B) C is completed before B.
C) D has no slack but is not critical.
D) D is critical and has zero slack.
ANSWER: D

Which of the following is NOT a trend in Project Management?


A) Achieving Strategic Goals
B) Improving a project's success
C) Ritual Projects
D) Quasi-Projects
ANSWER: C

Which of the following is not a rule for controlling/reducing the scope creep in a
project?
A) Consult PM on all proposed changes
B) Include a change control system
C) Fighting change
D) Introduce a change order
ANSWER: C

Which of the following is not a purpose of the Project Launch Meeting?


A) To make sure that the PM understands the expectations that the organization, the
client and other stakeholders have for the project.
B) To identify those among senior managers who have major interest in the project
C) To determine if anything about the project is atypical for projects of the same
general kind
D) All of the above are a purpose of the meeting
ANSWER: D

Which of the following is not part of the project audit report?


A) Current status
B) Final comments
C) Future project status
D) Conclusion
ANSWER: C
Which of the following is not a project selection method?
A) Expert judgment
B) Scoring models
C) Benefit/cost ratio
D) Cash flow
ANSWER: D

You are looking into strategies to deal with the negative risks in your project.
Which of the following is not a strategy that you can use to deal with negative
risks?
A) Avoid
B) Transfer
C) Mitigate
D) Audit
ANSWER: D

Which of the following is the result of a project launch meeting?


A) The project's scope is understood and temporarily fixed
B) Any potential benefits to the organization outside of the scope of the project
are ignored
C) The various team members understand their responsibilities
D) Both a) and b)
ANSWER: A

Which of the following is not a fundamental reason for project failure?


A) A project was not required for this task in the first place
B) Insufficient support from senior management
C) Naming the wrong technical team
D) Poor up-front planning
ANSWER: C

Which of the following terms is most closely associated with a task required by the
project?
A) Activity
B) Event
C) Milestone
D) Network
ANSWER: A

Which of the following is not a main duty of the termination manager?


A) Oversee the closing of the project’s books
B) Complete the project final report
C) Ascertain any product support requirements
D) Ensure completion of work
ANSWER: B

In which of the following project states is the value of the project audit of
rather limited usefulness?
A) Master schedule
B) Initiation
C) Feasibility study
D) Preliminary plan/schedule budget
ANSWER: A

You are using a cause and effect diagram to find real causes of a problem by
exploring all the possible causes. Which quality process are you performing?
A) Quality assurance
B) Quality planning
C) Quality control
D) Auditing
ANSWER: C

A hybrid gasoline-electric automobiles project is under which project category?


A) Platform Projects
B) Derivative Projects
C) R&D Projects
D) Resource Projects
ANSWER: A

Which of the following is not part of the project audit report?


A) Current status
B) Final comments
C) Future project status
D) Conclusion
ANSWER: C

Which of the following statements is not true about a firm and its project
accounting?
A) Each firm has its own rules with regard to the allocation of overhead
B) Most firms must comply with the Sarbanes-Oxley Act
C) The project manager must rely on the accounting department to make special
project accounting rules
D) Most firms have their own accounting idiosyncrasies
ANSWER: C

Which of the following is not true regarding bottom-up budgeting?


A) The method tends to be inaccurate in the detailed tasks.
B) The WBS is used to identify the elemental tasks.
C) It is rarely used.
D) It is a good managerial training technique.
ANSWER: C

Which of the following is NOT one of the items addressed in a “Project Final
Report”?
A) Project teamwork
B) Organizational structure
C) Project performance
D) Project manager performance
ANSWER: D

Which of the following is not true regarding top-down budgeting?


A) It is based on the collective judgments of top and middle managers.
B) Overall project costs are estimated by top and middle managers and then passed
on to the next lower level.
C) The overall budget cost is generally not very accurate.
D) Overlooking small but important tasks can lead to a serious budgetary problem.
ANSWER: C

Which of the following should always be included in a project charter?


A) Business case for the project
B) Statement of work
C) Project scope statement
D) Project management plan
ANSWER: A

Which of the following quality processes is performed first?


A) Quality definition
B) Quality planning
C) Perform quality control
D) Perform quality assurance
ANSWER: B

Which of the following is a valid reason for using Simulation instead of


Traditional Statistics?
A) Task durations are statistically independent in the Traditional Statistics
B) The Traditional way assumes that the paths are independent
C) Computational efforts in Traditional Statistics are extensive
D) The Traditional practices are out-of-date
ANSWER: B

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