C722 PROJECT MANAGEMENT UPDATED QUESTIONS
AND CORRECT ANSWERS
Question:
1. Projects have a(n) ____ start and end date.
a. definite
b. flexible
c. indefinite
Answer:
a. definite
Question:
2. Which of the following are business scenarios?
Choose all that apply.
a. The price of oil is at a five-year high.
b. The price of oil is at a five-year high and is expected
to continue to rise.
c. New battery technology has been developed.
d. New technology can provide smaller batteries that
can be recharged by movement of the mobile device, extending battery life.
Answer:
b. The price of oil is at
a five-year high and is expected to continue to rise.
d. New technology can
provide smaller batteries that can be recharged by movement of the mobile device, extending battery
life.
Question:
3. Projects selected by an organization must be directly related to the organization's ____.
a. strategy
b. operating procedures
c. level of maturity
Answer:
a. strategy
Question:
4. What are the objectives of project management?
a. Meeting scope, budget, and schedule
b. Making sure the guilty are blamed for a problem
c. Maximizing bonuses for successful project comple-
tion
d. Completing the project regardless of whether it
aligns with company strategy
Answer:
a. Meeting scope, budget,
and schedule
,Question:
5. Which criteria should a successful project meet?
a. Overall objectives of the project, regardless of time
taken or budget needed
b. SMART (specific, measurable, achievable, relevant,
and timed) goals
c. Maximizing company profits by taking needed risks
d. Completing the project regardless of whether it
aligns with company strategy
Answer:
b. SMART (specific, mea-
surable, achievable, rele-vant, and timed) goals
Question:
6. Project managers (PMs) must not only manage people of all levels, but they must also manage
costs, expecta-tions, procurement, outside suppliers, and partners. True False
Answer:
True
Question:
7. It is important that project status meetings are ____.
a. regular and timely
b. weekly
c. monthly
d. at stakeholders' request
Answer:
a. regular and timely
Question:
8. Which communication type is the best option when working in a widely dispersed virtual team?
a. Point-to-point instant messaging
b. Phone calls
c. Shared threaded discussion
d. Email
Answer:
c. Shared threaded dis-
cussion
Question:
9. Which organization includes standards for the Or-ganizational Project Management Maturity
Model (OPM3)?
a. PMI
b. APM
c. IPMA
d. AXELOS Ltd.
Answer:
a. PMI
,Question:
10. Which organization provides the Project Management Professional (PMP) certification?
a. PMI
b. APM
c. IPMA
d. AXELOS Ltd.
Answer:
a. PMI
Question:
11. Which organizational structure is used by government entities?
a. Projectized
b. Functional
c. Matrix
Answer:
b. Functional
Question:
12. Which statement is true about the project manage-ment office (PMO)? Choose all that apply.
a. The PMO tracks "lessons learned" to be carried to
new projects.
b. The PMO consists of employees who cannot be
dismissed from the organization.
c. The PMO helps provide resources to projects as
needed.
d. The PMO creates a repository for all project knowl-
edge in the organization.
Answer:
a. The PMO tracks "lessons
learned" to be carried to new projects.
c. The PMO helps provide
resources to projects as needed.
d. The PMO creates a
repository for all project knowledge in the organi-zation.
Question:
13. The project management offices (PMOs) can help align project investment to ____.
a. historical records
b. monitoring and control
c. corporate strategy
d. project policies
Answer:
c. corporate strategy
Question:
14. In addition to the triple constraints, what other con-siderations may determine if a project is
successful?
a. The project is of high interest to the CEO.
, b. No government regulations affect the product of
the project.
c. The requirements in the scope adequately define
the project's objectives.
Answer:
c. The requirements in the
scope adequately define the project's objectives.
Question:
15. Which statement about projects, programs, and port-folios is correct?
a. A group of programs or projects that support the
same business goal makes up a portfolio.
b. Any two projects can make up a program.
c. Calling an endeavor a program justifies assigning
more resources.
d. Only programs can be a part of a portfolio.
Answer:
a. A group of programs
or projects that support the same business goal makes up a portfolio.
Question:
16. You work at an automotive manufacturer. This compa-ny has the goal of being able to supply a
full range of passenger cars, from small compact to large luxury. A huge endeavor is being
undertaken to design and develop an entirely new small passenger car. There are several groups of
people working on different aspects of this endeavor: one group on the engine, one on the
transmission, one on the navigation system, and so on. Each group has its scheduled start and end
dates and a definition of the unique product it will create. Each of these groups is working on a ____.
a. program
b. portfolio
c. project
d. long-term business strategy
Answer:
c. project
Question:
17. You are talking to a friend who has renovation project management experience. You cannot
decide whether you want to take on the daunting task of being your own project manager. Your friend
tells you that if you decide to manage the project, your first assignment will be to create the project
____.
a. scheduling template
b. workflow diagram
c. platform
d. plan
Answer:
d. plan
Question:
18. Which skills do you think are critical in a project man-agement role? Choose all that apply.
AND CORRECT ANSWERS
Question:
1. Projects have a(n) ____ start and end date.
a. definite
b. flexible
c. indefinite
Answer:
a. definite
Question:
2. Which of the following are business scenarios?
Choose all that apply.
a. The price of oil is at a five-year high.
b. The price of oil is at a five-year high and is expected
to continue to rise.
c. New battery technology has been developed.
d. New technology can provide smaller batteries that
can be recharged by movement of the mobile device, extending battery life.
Answer:
b. The price of oil is at
a five-year high and is expected to continue to rise.
d. New technology can
provide smaller batteries that can be recharged by movement of the mobile device, extending battery
life.
Question:
3. Projects selected by an organization must be directly related to the organization's ____.
a. strategy
b. operating procedures
c. level of maturity
Answer:
a. strategy
Question:
4. What are the objectives of project management?
a. Meeting scope, budget, and schedule
b. Making sure the guilty are blamed for a problem
c. Maximizing bonuses for successful project comple-
tion
d. Completing the project regardless of whether it
aligns with company strategy
Answer:
a. Meeting scope, budget,
and schedule
,Question:
5. Which criteria should a successful project meet?
a. Overall objectives of the project, regardless of time
taken or budget needed
b. SMART (specific, measurable, achievable, relevant,
and timed) goals
c. Maximizing company profits by taking needed risks
d. Completing the project regardless of whether it
aligns with company strategy
Answer:
b. SMART (specific, mea-
surable, achievable, rele-vant, and timed) goals
Question:
6. Project managers (PMs) must not only manage people of all levels, but they must also manage
costs, expecta-tions, procurement, outside suppliers, and partners. True False
Answer:
True
Question:
7. It is important that project status meetings are ____.
a. regular and timely
b. weekly
c. monthly
d. at stakeholders' request
Answer:
a. regular and timely
Question:
8. Which communication type is the best option when working in a widely dispersed virtual team?
a. Point-to-point instant messaging
b. Phone calls
c. Shared threaded discussion
d. Email
Answer:
c. Shared threaded dis-
cussion
Question:
9. Which organization includes standards for the Or-ganizational Project Management Maturity
Model (OPM3)?
a. PMI
b. APM
c. IPMA
d. AXELOS Ltd.
Answer:
a. PMI
,Question:
10. Which organization provides the Project Management Professional (PMP) certification?
a. PMI
b. APM
c. IPMA
d. AXELOS Ltd.
Answer:
a. PMI
Question:
11. Which organizational structure is used by government entities?
a. Projectized
b. Functional
c. Matrix
Answer:
b. Functional
Question:
12. Which statement is true about the project manage-ment office (PMO)? Choose all that apply.
a. The PMO tracks "lessons learned" to be carried to
new projects.
b. The PMO consists of employees who cannot be
dismissed from the organization.
c. The PMO helps provide resources to projects as
needed.
d. The PMO creates a repository for all project knowl-
edge in the organization.
Answer:
a. The PMO tracks "lessons
learned" to be carried to new projects.
c. The PMO helps provide
resources to projects as needed.
d. The PMO creates a
repository for all project knowledge in the organi-zation.
Question:
13. The project management offices (PMOs) can help align project investment to ____.
a. historical records
b. monitoring and control
c. corporate strategy
d. project policies
Answer:
c. corporate strategy
Question:
14. In addition to the triple constraints, what other con-siderations may determine if a project is
successful?
a. The project is of high interest to the CEO.
, b. No government regulations affect the product of
the project.
c. The requirements in the scope adequately define
the project's objectives.
Answer:
c. The requirements in the
scope adequately define the project's objectives.
Question:
15. Which statement about projects, programs, and port-folios is correct?
a. A group of programs or projects that support the
same business goal makes up a portfolio.
b. Any two projects can make up a program.
c. Calling an endeavor a program justifies assigning
more resources.
d. Only programs can be a part of a portfolio.
Answer:
a. A group of programs
or projects that support the same business goal makes up a portfolio.
Question:
16. You work at an automotive manufacturer. This compa-ny has the goal of being able to supply a
full range of passenger cars, from small compact to large luxury. A huge endeavor is being
undertaken to design and develop an entirely new small passenger car. There are several groups of
people working on different aspects of this endeavor: one group on the engine, one on the
transmission, one on the navigation system, and so on. Each group has its scheduled start and end
dates and a definition of the unique product it will create. Each of these groups is working on a ____.
a. program
b. portfolio
c. project
d. long-term business strategy
Answer:
c. project
Question:
17. You are talking to a friend who has renovation project management experience. You cannot
decide whether you want to take on the daunting task of being your own project manager. Your friend
tells you that if you decide to manage the project, your first assignment will be to create the project
____.
a. scheduling template
b. workflow diagram
c. platform
d. plan
Answer:
d. plan
Question:
18. Which skills do you think are critical in a project man-agement role? Choose all that apply.
