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Project Management Exam 1 with all Correct & 100% Verified Answers |Latest Version |Already Graded A+

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Project Management Exam 1 with all Correct & 100% Verified Answers |Latest Version |Already Graded A+

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Project Management Exam 1 with all Correct & 100%
Verified Answers |Latest Version |Already Graded A+

A professional organization for project management specialists is the

A. PMI
B. AMA
C. MIS
D. IPM
E. PMBOK ✔Correct Answer-A

Which of the following is NOT considered to be characteristic of a project?

A. An established objective
B. A clear beginning and end
C. Specific time, cost and performance requirements
D. For internal use only
E. Something never been done before ✔Correct Answer-D

Which of the following activities is NOT considered a project?

A. Developing a new software program
B. Designing a space station
C. Preparing the site for the Olympic Games
D. Production of automobile tires
E. Something never been done before ✔Correct Answer-D

Which of the following activities is the best example of a project?

A. Processing insurance claims
B. Producing automobiles
C. Writing a policy manual
D. Monitoring product quality
E. Overseeing customer requests ✔Correct Answer-C

Which of the following is NOT one of the stages of a project life cycle?

A. Identifying
B. Defining
C. Planning
D. Executing
E. Closing ✔Correct Answer-A

In the ____________________ stage of the project life cycle, project objectives are established,
teams are formed, and major responsibilities are assigned.

A. Identifying
B. Defining
C. Planning

,D. Executing
E. Closing ✔Correct Answer-B

In the _____________ stage of the project life cycle, a major portion of the physical project work
performed.

A. Identifying
B. Defining
C. Planning
D. Executing
E. Closing ✔Correct Answer-D

In the ______________ stage of the project life cycle you are more likely to find status reports,
changes, and the creation of forecasts.

A. Identifying
B. Defining
C. Planning
D. Executing
E. Closing ✔Correct Answer-D

In the ______________ stage of the project life cycle the project's schedule and budget will be
determined.

A. Identifying
B. Defining
C. Planning
D. Executing
E. Closing ✔Correct Answer-C

In the ______________ stage of the project life cycle project life cycle project the product is
delivered to the customer and resources are reassigned.

A. Identifying
B. Defining
C. Planning
D. Executing
E. Closing ✔Correct Answer-E

Which of the following is NOT typical of a project manager?

A. Managing a temporary activity
B. Overseeing existing operations
C. Managing a non-repetitive activity
D. Responsible for time, cost and performance trade-offs
E. Work with a group of outsiders, including vendors and suppliers ✔Correct Answer-B

Which of the following is NOT one of the driving forces behind the increasing demand for project
management?

A. Compression of the product life cycle

, B. Knowledge explosion
C. Increasing need for multiproject management
D. Declining need for product customization
E. More sustainable business practices ✔Correct Answer-D

Project management is ideally suited for a business environment requiring all of the following except

A. Accountability
B. Flexibility
C. Innovation
D. Speed
E. Repeatability ✔Correct Answer-E

Which dimension of project management centers on creating a temporary social system within a
larger organizational environment that combines the talents of a divergent set of professionals
working to complete the project?

A. communication
B. sociocultural
C. Social
D. Technical
E. Scheduling ✔Correct Answer-B

Which of the following statements is true?

A. Project management is far from a standard way of doing business
B. Project management is increasingly contributing to achieving organizational strategies
C. Project management is being used at a consistent percentage of a firm's efforts
D. Project management is a specialty that few organizations have access to
E. All of these statements are false ✔Correct Answer-B

Project management is important to understand when people are a part of a project team because
they

A. Work with others to create a schedule and budget
B. Need to understand project priorities so they can make independent decisions.
C. Need to be able to monitor and report project progress.
D. Need to understand the project charter or scope statement that defines the objectives and
parameters of the project.
E. All of these are reasons it is important for project team members to understand project
management. ✔Correct Answer-E

Project governance does NOT include

A. Setting standards for project selection.
B. Overseeing project management activities.
C. Centralization of project processes and practices.
D. Options for continuous improvement.
E. Allowing project managers to plan the project the way they see fit. ✔Correct Answer-E

Projects should align with the organization's overall strategy in order to
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