PFQ STUDY GUIDE WITH QUESTIONS AND ANSWERS
ALREADY GRADED A+.
⫸Once a proposed change is logged it should then be:
a. accepted, rejected or deferred.
b. accepted and the project plan updated.
c. sent to the project sponsor for approval.
d. assessed to determine its potential impact. Answer - D
⫸Which one of the following is NOT typically associated with a project's context?
a. The issues and areas that matter to stakeholders.
b. Technical, social or political considerations.
c. The environment in which the project is being carried out.
d. The sequence and dependencies of activities. Answer - D
⫸5 A --> 5 B --> 5D --> 5F
`-->4C --> 4E --^
The total float of activity E in the above diagram is:
a. 2
b. 1
c. 0
d. 4 Answer - A
⫸The primary purpose of a product breakdown structure (PBS) is to:
a. define all the products that the project will produce.
b. define precisely what resources will be used on the project.
c. detail all the products in order of priority.
d. map out the key project elements identified in the business plan Answer - A
,⫸What is a visual representation of a project's planned activity against a calendar called?
a. A Gantt chart.
b. A critical path network.
c. A product flow diagram.
d. A Pareto chart. Answer - A
⫸Controlling or influencing project success factors will:
a. increase the likelihood of a successful project.
b. ensure senior management support.
c. measure progress towards a successful conclusion.
d. ensure project completion. Answer - A
⫸Which one of the following is NOT a project change?
a. An approved omission from the agreed project scope.
b. The potential for agreed resources to be removed from the project.
c. A requirement for extra expenditure to cover increased supplier costs.
d. The removal of work packages from the agreed project scope. Answer - B
⫸Which one of the following best describes project sponsorship?
a. Project sponsorship is the customer's role responsible for identifying the business need.
b. Project sponsorship is an active, senior management role responsible for identifying the
business need, problem or opportunity.
c. Project sponsorship is an active, senior management role managing the customer's needs
subject to an agreed cost.
d. Project sponsorship is the project manager's role responsible for delivering the business need
and addressing any problems or opportunities. Answer - B
⫸Project success criteria are best defined as:
a. the qualitative or quantitative measures by which the success of the project is judged.
b. the factors that, when present in the project are most conducive to a successful outcome.
c. the measures that establish if project activities are ahead or behind schedule.
d. the activities or elements of the project which are considered to be critical to success Answer
-A
,⫸Which one of the following best describes stakeholders?
a. Anyone who has heard about the project.
b. Anyone who has an opinion about how the project should be managed.
c. People wanting to be members of the project team.
d. People who are affected by the project in some way. Answer - D
⫸The project management plan is best described as a reference document that confirms:
a. the project completion date as agreed between the project sponsor, other stakeholders and
the project manager.
b. the agreement between the project sponsor, other stakeholders and the project manager.
c. the key project milestones as agreed between the project sponsor, other stakeholders and the
project manager.
d. the project start date as agreed between the project sponsor, other stakeholders and the
project manager Answer - B
⫸The value of a risk log lies in its ability to provide:
a. a record of all risks, their impact and the actions taken to manage them.
b. a record of the ownership of risk and issue management actions.
c. a means of assessing the likelihood and impact of risks.
d. a structured process for risk management. Answer - A
⫸Which one of the following statements best defines a portfolio?
a. A group of related projects, which may include business-as-usual activities, that delivers
change.
b. A timetable of how project activities and project milestones are planned over a period of time.
c. A group of projects that represent the delivery of all, or a discrete part of a new capability.
d. A grouping of an organisation's projects, programmes and related business-as-usual
activities. Answer - D
⫸Which one of the following statements about the project management plan (PMP) is FALSE?
a. The PMP acts as a contract between the Project Manager, the project team and the sponsor.
b. The PMP defines the baselines for the project upon which changes are considered.
c. The PMP, once defined, will remain unchanged throughout the project.
, d. The PMP is used as a reference document for managing the project. Answer - C
⫸How is project risk management best defined?
a. A series of actions taken by a project team member or stakeholder to proactively avoid
project threats.
b. A structured process to optimise project success by minimising threats and maximising
opportunities.
c. A technique to decompose the project into component parts or discrete groups for
programming purposes.
d. A framework that allows requirements to be defined and reviewed so that the best project
approach is determined. Answer - B
⫸One disadvantage of physical communication is:
a. its significant environmental impact when compared to other forms of communication.
b. that no audit trail is available for review at a later date by project team members.
c. it is reliant on technology being available to all relevant members of the project.
d. that your body language may not reflect what you're saying when passing on information Answer
-A
⫸Who is primarily responsible for ensuring the implementation of formal change control?
a. Key stakeholders.
b. The Project Manager.
c. The project sponsor.
d. The project team. Answer - B
⫸One of the benefits of developing communication plans in projects is that this ensures:
a. the power and influence of stakeholders is understood.
b. that all communication is delivered face to face.
c. your message is understood.
d. clear reporting lines for the project. Answer - C
⫸A project life cycle which combines approaches from the linear and iterative life cycles is known as
_________ project life cycle.
ALREADY GRADED A+.
⫸Once a proposed change is logged it should then be:
a. accepted, rejected or deferred.
b. accepted and the project plan updated.
c. sent to the project sponsor for approval.
d. assessed to determine its potential impact. Answer - D
⫸Which one of the following is NOT typically associated with a project's context?
a. The issues and areas that matter to stakeholders.
b. Technical, social or political considerations.
c. The environment in which the project is being carried out.
d. The sequence and dependencies of activities. Answer - D
⫸5 A --> 5 B --> 5D --> 5F
`-->4C --> 4E --^
The total float of activity E in the above diagram is:
a. 2
b. 1
c. 0
d. 4 Answer - A
⫸The primary purpose of a product breakdown structure (PBS) is to:
a. define all the products that the project will produce.
b. define precisely what resources will be used on the project.
c. detail all the products in order of priority.
d. map out the key project elements identified in the business plan Answer - A
,⫸What is a visual representation of a project's planned activity against a calendar called?
a. A Gantt chart.
b. A critical path network.
c. A product flow diagram.
d. A Pareto chart. Answer - A
⫸Controlling or influencing project success factors will:
a. increase the likelihood of a successful project.
b. ensure senior management support.
c. measure progress towards a successful conclusion.
d. ensure project completion. Answer - A
⫸Which one of the following is NOT a project change?
a. An approved omission from the agreed project scope.
b. The potential for agreed resources to be removed from the project.
c. A requirement for extra expenditure to cover increased supplier costs.
d. The removal of work packages from the agreed project scope. Answer - B
⫸Which one of the following best describes project sponsorship?
a. Project sponsorship is the customer's role responsible for identifying the business need.
b. Project sponsorship is an active, senior management role responsible for identifying the
business need, problem or opportunity.
c. Project sponsorship is an active, senior management role managing the customer's needs
subject to an agreed cost.
d. Project sponsorship is the project manager's role responsible for delivering the business need
and addressing any problems or opportunities. Answer - B
⫸Project success criteria are best defined as:
a. the qualitative or quantitative measures by which the success of the project is judged.
b. the factors that, when present in the project are most conducive to a successful outcome.
c. the measures that establish if project activities are ahead or behind schedule.
d. the activities or elements of the project which are considered to be critical to success Answer
-A
,⫸Which one of the following best describes stakeholders?
a. Anyone who has heard about the project.
b. Anyone who has an opinion about how the project should be managed.
c. People wanting to be members of the project team.
d. People who are affected by the project in some way. Answer - D
⫸The project management plan is best described as a reference document that confirms:
a. the project completion date as agreed between the project sponsor, other stakeholders and
the project manager.
b. the agreement between the project sponsor, other stakeholders and the project manager.
c. the key project milestones as agreed between the project sponsor, other stakeholders and the
project manager.
d. the project start date as agreed between the project sponsor, other stakeholders and the
project manager Answer - B
⫸The value of a risk log lies in its ability to provide:
a. a record of all risks, their impact and the actions taken to manage them.
b. a record of the ownership of risk and issue management actions.
c. a means of assessing the likelihood and impact of risks.
d. a structured process for risk management. Answer - A
⫸Which one of the following statements best defines a portfolio?
a. A group of related projects, which may include business-as-usual activities, that delivers
change.
b. A timetable of how project activities and project milestones are planned over a period of time.
c. A group of projects that represent the delivery of all, or a discrete part of a new capability.
d. A grouping of an organisation's projects, programmes and related business-as-usual
activities. Answer - D
⫸Which one of the following statements about the project management plan (PMP) is FALSE?
a. The PMP acts as a contract between the Project Manager, the project team and the sponsor.
b. The PMP defines the baselines for the project upon which changes are considered.
c. The PMP, once defined, will remain unchanged throughout the project.
, d. The PMP is used as a reference document for managing the project. Answer - C
⫸How is project risk management best defined?
a. A series of actions taken by a project team member or stakeholder to proactively avoid
project threats.
b. A structured process to optimise project success by minimising threats and maximising
opportunities.
c. A technique to decompose the project into component parts or discrete groups for
programming purposes.
d. A framework that allows requirements to be defined and reviewed so that the best project
approach is determined. Answer - B
⫸One disadvantage of physical communication is:
a. its significant environmental impact when compared to other forms of communication.
b. that no audit trail is available for review at a later date by project team members.
c. it is reliant on technology being available to all relevant members of the project.
d. that your body language may not reflect what you're saying when passing on information Answer
-A
⫸Who is primarily responsible for ensuring the implementation of formal change control?
a. Key stakeholders.
b. The Project Manager.
c. The project sponsor.
d. The project team. Answer - B
⫸One of the benefits of developing communication plans in projects is that this ensures:
a. the power and influence of stakeholders is understood.
b. that all communication is delivered face to face.
c. your message is understood.
d. clear reporting lines for the project. Answer - C
⫸A project life cycle which combines approaches from the linear and iterative life cycles is known as
_________ project life cycle.
