QUESTIONS AND SOLUTIONS
COMPREHENSIVE STUDY SHEET FULL
PRACTICE SET 400
◉ A series of activities to create a unique product or service by a
specific date is best described as which one of the following?
A. A program
B. An operation
C. A project
D. A subproject.
Answer: C. A project is a temporary endeavor to create a unique
product, service, or result. Deadlines and cost constraints are tied to
the project. A is incorrect because programs are a collection of
projects working toward a common cause. B is incorrect because
operations are ongoing activities of an organization. D, a subproject,
describes a project that is part of and supports a larger project.
◉ Which of the following is likely to be part of an operation?
A. Providing electricity to a community
B. Designing an electrical grid for a new community
,C. Building a new dam as a source of electricity
D. Informing the public about changes at the electrical company..
Answer: A. Providing electricity to a community is the best example
of operations, as it is an ongoing activity. B, C, and D are all examples
of projects, as they are temporary and create a unique product,
service, or result.
◉ Of the following, which one is the best examples of progressive
elaboration?
A. It is the process of decomposing the work into small, manageable,
tasks.
B. It is the process of taking a project from concept to completion.
C. It is the process of taking a project concept to a project budget.
D. It is the process of identifying the business needs of a potential
project..
Answer: B. According to the PMBOK, progressive elaboration means
developing in steps and then continuing by increments. Choice A
describes the process of breaking down the project scope into the
task list. C is not a valid choice for this question. D is part of
determining if a project should be chartered and is not the best
answer for this question.
◉ Your organization would like to create a new product based on
market research. This new product will be created by a project. This
,is an example of which one of the following reasons to launch a new
project?
A. Organizational need
B. Customer request
C. Market demand
D. Legal requirement.
Answer: C. Projects can be created for a number of reasons, and this
example supports the market demand choice. A, an organizational
need, is a project to satisfy an internal need. B is incorrect because
no specific customer asked for this new product. D is incorrect
because there is no legal requirement to create the new product.
◉ A program is which one of the following?
A. A very large, complex project.
B. A collection of small projects with a common goal.
C. A collection of projects with a common objective.
D. A collection of subprojects with a common customer..
Answer: C. best describes a program. A program is a collection of
projects working together to gain benefits by managing the projects
as a group rather than on an individual basis. A, B, and D are not
attributes of programs, as projects within a program neither are
necessarily small nor are they subprojects.
◉ Who manages programs?
, A. Management
B. Project sponsors
C. Project managers
D. Program managers.
Answer: D. Programs are managed by program managers. A, B, and C
are incorrect choices.
◉ You have an excellent idea for a new project that can increase
productivity by 20% in your organization. Management, however,
declines to approve the proposed project because too many
resources are already devoted to other projects. You have just
experienced what?
A. Parametric modeling
B. Managed by exception
C. Project portfolio management
D. Management reserve.
Answer: C. Project portfolio management is the management,
selection, and assignment of projects that support an organizations
business objects. A, B, and D are not valid answers.
◉ Of the following, which is not part of the Iron Triangle?
A. Quality
B. Time
C. Scope