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MGM 399 Exam Study Set | Questions with Correct Solutions

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MGM 399 Exam Study Set | Questions with Correct Solutions

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MGM 399 Exam Study Set | Questions with Correct
Solutions
Making ethical decisions is an important part of our personal and professional lives

because it generates trust and respect with other people.

True

Several individual housing projects done in the same area by the same firm might best be

managed as part of a _______________.

program

What is the most significant characteristic or attribute of an effective project manager?

leads by example

A ________ is a group of related projects managed in a coordinated way to obtain benefits

and control that are not available from managing them individually.

program

Portfolio managers help their organizations make wise investment decisions by helping to

select and analyze projects from a(n)____ perspective.

strategic

A _______________ is a temporary endeavor undertaken to create a unique product,

service, or result.

project

__________ is the tenth project management knowledge area that PMI added in 2012.

,project stakeholder management

__________ coordinate the work of all other project management knowledge areas.

Project integration management

Which of the following statements is true?

d.

You can earn the Certified Associate in Project Management (CAPM) without having work

experience.

...

By grouping projects into ____, organizations can better tie their projects to meeting

strategic goals.

portfolios

Project ____ management involves working with all appropriate stakeholders to define,

gain written agreement for, and manage all the work required to complete the project

successfully.

scope

Students can join PMI at a reduced fee and earn the CAPM credential without work

experience.

True

In the past, project management primarily focused on providing schedule and resource

data to top management in the military and construction industries.

,True

Effective program managers recognize that managing a program is much more complex

than managing a single project.

True

_________ is a totally web-based tool with no download required.

AtTask

Which of the following is not part of the triple constraint of project management?

meeting communications goals

__________ is a set of principles that guide our decision making based on personal values

of what is "right" and "wrong."

Ethics

Human relations or ________ skills include effective communication, leadership,

motivation, and negotiation skills.

soft

Stakeholders are most often characterized as having uniform needs and expectations.

False

If it is crucial to meet time and cost goals, the ____ must be flexible.

scope

, Project ____ work with the project sponsors, the project team, and the other people

involved in a project to meet project goals.

managers

What is the certification program called that the Project Management Institute provides?

Project Management Professional (PMP)

Project managers and their teams must develop knowledge and skills in all ____ project

management knowledge areas.

ten

Strategic goals are generally more specific and short-term than tactical goals.

False

PMI recently added a tenth knowledge area, project ____ management.

stakeholder

PMI recently added a tenth knowledge area, project ____ management.

scope

Which of the following is not an attribute of a project?

projects involve no uncertainty

Many organizations claim that using project management ____.

lower cost

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