Questions with 100% Correct Answers
OPM3 - Project Process Management 3 - ANSWERSWhat is the name of PMI's
organization maturity model for project management that helps to determine the level of
ability of an organization to deliver the desired strategic outcomes in a reliable,
controllable, and predictable manner?
Aggregate performance of all components (projects, programs and other related work) -
ANSWERSSuccess in portfolio management, which can be generally described as a
group of projects or programs and other works to achieve a specific strategic business
goal, is generally defined as:
Project life cycle - ANSWERSWhich one of the following is the logical breakdown of
what needs to be done to produce the project objectives sometimes referred to as the
performing organizations methodology for projects?
Project management - ANSWERSThe application of knowledge, skills, tools, and
techniques to satisfy the project needs by establishing project objectives, identifying
project requirement, managing stakeholders and balancing project constraints (i.e. cost,
time, quality, scope risk and others) is referred to as:
Determining if the project should continue and the next phase should be initiated -
ANSWERSAll project phases conclude with a review of the deliverables and related
work (phase exits or stage gates or kill points) for the purpose of:
Stakeholder influence is lowest at the start and increases as the project proceeds -
ANSWERSA project life cycle is a representation of the generally sequential and
sometime overlapping project phases that a project typically goes through. All of the
following statements about project life cycle are true EXCEPT:
Portfolio manager - ANSWERSYou are managing a group of related or unrelated
projects or programs and other works to achieve specific strategic business objectives
and goals. You are a:
Controlling - ANSWERSWhich one of the following PMO structures mostly provide
guidelines, policies and template and requires compliances and usually has a moderate
level of control over project and programs?
The organizational structure - ANSWERSThe level of power and authority of a project
manager may fluctuate due to various factors, Typically, how much power and authority
a project manager will have depends on which of the following?