Module 1: Introduction to Project Management Certification Revised Exam Questions With Multiple Choices And Verified Answers.

project - correct answer a temporary endeavor undertaken to create a unique product, service, or result. Stakeholders - correct answer an individual, or organization who may affect, be affected by, or perceive itself to be affected by a decision, activity, or outcome of a project. Project Management - correct answer the application of knowledge, skills, tools and techniques to project activities to meet project requirements. Functional Manager - correct answer someone with management authority over an organizational unit....the manager of any group that actually makes a product or performs a service Project Life Cycle - correct answer the series of phases that a project goes through from its initiation to its closure Project Management Institute - correct answer the largest professional organization Project Management Process Group - correct answer a logical grouping of the project management inputs, tools and techniques, and outputs Initiating - correct answer define a project or a new phase by obtaining authorization Planning - correct answer establish the project scope, refine objectives and define actions to attain objectives Executing - correct answer complete the work defined to satisfy project specifications Monitoring and Controlling - correct answer track, review, and regulate progress and performance, identify changes required, and initiate changes Closing - correct answer finalize all activities to formally close project of phase Integration Management - correct answer processes and activities to identify, define, combine, unify, and coordinate the various processes and project management activities Scope Management - correct answer processes to ensure that the project includes all the work required, and only the work required, to complete the project successfully Time Management - correct answer processes to manage timely completion of the project Cost Management - correct answer processes involved in planning, estimating, budgeting, financing, funding, managing, and controlling costs so that the project can be completed within the approved budget Quality Management - correct answer processes and activities of the performing organization that determine quality policies, objectives, and responsibilities so that the project will satisfy the needs for which it was undertaken Human Resource Management - correct answer processes that organize, manage, and lead the project team Communications Management - correct answer processes to ensure timely and appropriate planning, collection, creation, distribution, storage, retrieval, management, control, monitoring, and ultimate disposition of project information Risk Management - correct answer processes of conducting risk management planning, identification, analysis, response planning, and control...to increase the likelihood and impact of positive events and decrease the likelihood and impact of negative events in the project Procurement Management - correct answer processes to purchase or acquire products, services, or results from outside the project team Stakeholder Management - correct answer processes to identify the people, groups, or organizations, that could impact or be impacted by the project, analyze their expectations and impact, and develop strategies for engaging them and managing conflicting interests Scope - correct answer the sum of the products, services, and results to be provided as a project Quality - correct answer the degree to which a set of inherent characteristics fulfills requirements Classifying by Size - correct answer Large projects often require more detailed planning and control Classifying by Timing of Project Scope Clarity - correct answer How early in the project the project manager and team are able to determine the project scope. Classification by Application - correct answer All projects require planning and control The Steering Team - correct answer •The top leader (CEO) and his/her direct reports •Select, prioritize, and resource project •Ensure that accurate progress is reported