PMBOK Chapter 1 Exam Questions with 100% Correct Answer

Project Correct Answer a temporary endeavor undertaken to create a unique product, service or result What a project can create Correct Answer 1. A component or another item, an enhancement of an item, or an end item 2. A service or capably to perform a service 3. An improvement in the existing product or service lines 4. A result such as an outcome or document Portfolio's relationship among portfolios, programs and projects Correct Answer Collection of projects, programs, sub-portfolios, and operations manages as a group to achieve strategic objectives Program's relationship among portfolios, programs and projects Correct Answer Grouped within a portfolio and are comprised of subprograms, projects or other work that are managed in a coordinated fashion in support of the portfolio. Although the projects or programs within the portfolio may not necessarily be interdependent, they are linked to the organization's strategic plan by means of the organization's portfolio. Individual project's relationship among portfolios, programs and projects Correct Answer Are either within or outside of a program are still considered part of a portfolio. Although the projects or programs within the portfolio may not necessarily be interdependent, they are linked to the organization's strategic plan by means of the organization's portfolio. Project management Correct Answer The application of the knowledge skills, tools and techniques to project activities to meet the project requirements. 47 project management processes Initiating Planning Executing Monitoring and Controlling Closing I Plan Every Moment of Christmas Cheer (IPEMCC) Correct Answer The five Process Groups Project constraints Correct Answer Budget, Quality, Resources, Risks, Schedule, and Scope, Organizational Project Management (OPM) Correct Answer strategy, execution framework utilizing project, program, and portfolio management as well as organizational enabling practices to consistently and predictably deliver