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Project Definition - CORRECT ANSWERS✅✅A temporary endeavor undertaken to
create a unique product, service, or result
Program Definition - CORRECT ANSWERS✅✅A series of coordinated projects
Agile Definition - CORRECT ANSWERS✅✅A Project Management Method used
when the scope of work is not clear and we need a high level of customer involvement
Risk, Quality, and Resources Definition - CORRECT ANSWERS✅✅Additional
constraints on a project
Scrum Definition - CORRECT ANSWERS✅✅An Agile Project Management Method
Operations Management Definition - CORRECT ANSWERS✅✅Management of a
company's ongoing activities
Project Management Definition - CORRECT ANSWERS✅✅The application of
knowledge, skills, tools, and techniques to project activities to meet the project
requirements
Project Portfolio Management - CORRECT ANSWERS✅✅A method that helps to
align project selection with organizational strategy
PMI Definition - CORRECT ANSWERS✅✅Standards body for management based
in North America. Project Management Institute
What are the 4 stages of the PMI generic project management life cycle? - CORRECT
ANSWERS✅✅1) Starting the project. 2) Organizing and Preparing. 3) Carrying out
the work. 4) Closing the project
When are relative costs and labor highest in a PMI generic project management life
cycle? - CORRECT ANSWERS✅✅While carrying out the work
Are PMI Project Life Cycles the same as Project Management Processes? - CORRECT
ANSWERS✅✅No
, What is the order of the 5 Process Groups? - CORRECT ANSWERS✅✅Initiating,
Planning, Executing, Monitoring and Controlling, and Closing
What can project failure usually be attributed to? - CORRECT ANSWERS✅✅Failure
to plan
What kind of processes are identifying stakeholders and developing project charter? -
CORRECT ANSWERS✅✅Initiating processes
What kind of processes are Gaining final acceptance of product, gathering final lessons
learned, and updating knowledge-base? - CORRECT ANSWERS✅✅Closing
Processes
What kind of processes are Performing change control evaluate performance, and
taking action to control the project? - CORRECT ANSWERS✅✅Monitoring and
controlling
What kind of processes are Developing management plans, kickoff meetings, identifying
risks and developing budgets? - CORRECT ANSWERS✅✅Planning Processes
Can Project Management Life Cycles differ by industry? - CORRECT
ANSWERS✅✅Yes
Is PMI a governmental organization (like NIST) that is supported by tax dollars? -
CORRECT ANSWERS✅✅No
It is important for project managers to read the PMBOK guide from cover to cover if they
are to be good at their work and pass the PMI exams. (T/f) - CORRECT
ANSWERS✅✅False
The CAPM has more rigorous prerequisites than the PMP. (T/f) - CORRECT
ANSWERS✅✅False
The hours required in Project Management Education before taking the PMP and
CAPM exams are contact hours or credit hours? - CORRECT ANSWERS✅✅Contact
The PMBOK Guide has been recognized as a Standard by the American National
Standards Institute (ANSI) and the Institute of Electrical and Electronics Engineers
(IEEE). (T/f) - CORRECT ANSWERS✅✅True
PMI only conducts audits of the project management experience prior to a person sitting
for the PMP. (T/f) - CORRECT ANSWERS✅✅False