PROJECT MANAGEMENT FINAL EXAM- QUESTIONS AND ANSWERS ALREADY GRADED A+
A project is a series of activities and tasks that:
A. Have a specific objective
B. Have defined start and end dates
C. Have funding limits (if applicable)
D. Consume Resources
E. All of the above ✔️E. All of the Above
Successful project management can be defined as achieving project objectives:
A. Within time
B. Within Cost
C. At the desired performance/technology level
D. All of the above
E. A and B only ✔️D. All of the above
A benefit of project management is the _______ identification of problems so that ___________ can follow.
A. Rapid, executive involvement
B. Early, corrective action
C. Untimely, contingency plans
D. Executive, project replanning
E. Rapid, customer notification ✔️B. Early, corrective action
Project management is designed to overcome the ______ gaps between the various levels of management.
A. Class or prestige
B. Marketing
C. Marketing and engineering
D. Executive
E. None of the above ✔️A. class or prestige
A typical short-term project would be:
A. Three months
B. Six months
C. One year
,D. Less than two years
E. Dependent on the company and/or industry ✔️E. dependent on the company and/or industry
Company resources generally include all of the following except:
A. Money
B. People
C. Equipment and facilities
D. Information and technology
E. All of the above are resources ✔️E. All of the above are resources
Under most situations, functional employees that are assigned to a project take their technical direction from:
A. The project manager
B. Their line manager
C. The project sponsor
D. The customer's in-house representative
E. All of the above ✔️B. Their line manager
Broadly speaking, effective project management requires an understanding of which three major areas?
A. Quantitative tools, organizational behavior, organizational structures
B. Quantitative tools, marketing, working with people
C. Customer relations, planning skills, cost control
D. Managing your customer, employee relations, scheduling
E. Scheduling techniques, wage and salary administration, organizational behavior ✔️A. Quantitative tools, organizational behavior,
organizational structures
Setting a project selection criteria and establishing project priorities is the responsibility of:
A. The project manager
B. Line managers
C. Senior management
D. Customers
E. All of the above ✔️C. Senior management
,Determining "who" will do the work, "where" the work will be done, and "how" the work will be done is most often the responsibility of the:
A. Project manager
B. Line manager
C. Senior levels of management
D. Customer interfafce
E. All of the above ✔️B. Line manager
Which individual has to cope most frequently with an unplanned absence of resources, breakdown of resources, loss of resources, and turnover
of personnel?
A. Project manager
B. Line manager
C. Senior management/sponsor
D. Customer interface
E. All of the above ✔️B. Line manager
Successful project management is often based upon how well the ________ keeps his/her promises to the project.
A. Line manager
B. Functional employee
C. Project sponsor
D. Customer interface
E. All of the above ✔️A. Line manager
Project management is designed to be:
A. A unity of command methodology
B. A methodology with maximum authority resting with the project manager
C. A methodology with maximum responsibility resting with the line managers
D. Shared accountability between project and line managers
E. None of the above ✔️D. Shared accountability between project and line managers
At remote locations, functional employees take technical direction from the project manager. This situation would also exist at the home office
for:
A. Tiger Team projects
B. Matrix projects
C. Projects in the manufacturing life-cycle phase
D. All of the above
, E. B and C only ✔️A. Tiger Team projects
The stool for success in project management has three legs. These legs include the:
A. Project manager, customer, and senior management
B. Project manager, line managers, and functional employees
C. Executive sponsor, functional employees, and the project manager
D. The project manager, the project manager's sponsor, and the customer's project sponsor
E. None of the above ✔️E. None of the above
The role of the executive sponsor is to help the project manager. This help includes:
A. Priority setting
B. Assistance in conflict resolution
C. Development of the master project plan
D. Setting proper project objectives
E. All of the above ✔️E. All of the above
Which of the following administrative promises can a project manager make to functional employees who are still attached administratively to
their line managers?
A. Salary increases
B. Promotions in grade
C. Overtime pay
D. Added responsibility on the project
E. None of the above ✔️E. None of the above
Improper project administrative planning can create a situation that requires:
A. A continuous revision and/or establishment of company and/or project policies, procedures, and directives
B. A continuous shifting in organizational responsibility and possible unnecessary restructuring
C. A need for additional staff to support new knowledge and new skill requirements
A project is a series of activities and tasks that:
A. Have a specific objective
B. Have defined start and end dates
C. Have funding limits (if applicable)
D. Consume Resources
E. All of the above ✔️E. All of the Above
Successful project management can be defined as achieving project objectives:
A. Within time
B. Within Cost
C. At the desired performance/technology level
D. All of the above
E. A and B only ✔️D. All of the above
A benefit of project management is the _______ identification of problems so that ___________ can follow.
A. Rapid, executive involvement
B. Early, corrective action
C. Untimely, contingency plans
D. Executive, project replanning
E. Rapid, customer notification ✔️B. Early, corrective action
Project management is designed to overcome the ______ gaps between the various levels of management.
A. Class or prestige
B. Marketing
C. Marketing and engineering
D. Executive
E. None of the above ✔️A. class or prestige
A typical short-term project would be:
A. Three months
B. Six months
C. One year
,D. Less than two years
E. Dependent on the company and/or industry ✔️E. dependent on the company and/or industry
Company resources generally include all of the following except:
A. Money
B. People
C. Equipment and facilities
D. Information and technology
E. All of the above are resources ✔️E. All of the above are resources
Under most situations, functional employees that are assigned to a project take their technical direction from:
A. The project manager
B. Their line manager
C. The project sponsor
D. The customer's in-house representative
E. All of the above ✔️B. Their line manager
Broadly speaking, effective project management requires an understanding of which three major areas?
A. Quantitative tools, organizational behavior, organizational structures
B. Quantitative tools, marketing, working with people
C. Customer relations, planning skills, cost control
D. Managing your customer, employee relations, scheduling
E. Scheduling techniques, wage and salary administration, organizational behavior ✔️A. Quantitative tools, organizational behavior,
organizational structures
Setting a project selection criteria and establishing project priorities is the responsibility of:
A. The project manager
B. Line managers
C. Senior management
D. Customers
E. All of the above ✔️C. Senior management
,Determining "who" will do the work, "where" the work will be done, and "how" the work will be done is most often the responsibility of the:
A. Project manager
B. Line manager
C. Senior levels of management
D. Customer interfafce
E. All of the above ✔️B. Line manager
Which individual has to cope most frequently with an unplanned absence of resources, breakdown of resources, loss of resources, and turnover
of personnel?
A. Project manager
B. Line manager
C. Senior management/sponsor
D. Customer interface
E. All of the above ✔️B. Line manager
Successful project management is often based upon how well the ________ keeps his/her promises to the project.
A. Line manager
B. Functional employee
C. Project sponsor
D. Customer interface
E. All of the above ✔️A. Line manager
Project management is designed to be:
A. A unity of command methodology
B. A methodology with maximum authority resting with the project manager
C. A methodology with maximum responsibility resting with the line managers
D. Shared accountability between project and line managers
E. None of the above ✔️D. Shared accountability between project and line managers
At remote locations, functional employees take technical direction from the project manager. This situation would also exist at the home office
for:
A. Tiger Team projects
B. Matrix projects
C. Projects in the manufacturing life-cycle phase
D. All of the above
, E. B and C only ✔️A. Tiger Team projects
The stool for success in project management has three legs. These legs include the:
A. Project manager, customer, and senior management
B. Project manager, line managers, and functional employees
C. Executive sponsor, functional employees, and the project manager
D. The project manager, the project manager's sponsor, and the customer's project sponsor
E. None of the above ✔️E. None of the above
The role of the executive sponsor is to help the project manager. This help includes:
A. Priority setting
B. Assistance in conflict resolution
C. Development of the master project plan
D. Setting proper project objectives
E. All of the above ✔️E. All of the above
Which of the following administrative promises can a project manager make to functional employees who are still attached administratively to
their line managers?
A. Salary increases
B. Promotions in grade
C. Overtime pay
D. Added responsibility on the project
E. None of the above ✔️E. None of the above
Improper project administrative planning can create a situation that requires:
A. A continuous revision and/or establishment of company and/or project policies, procedures, and directives
B. A continuous shifting in organizational responsibility and possible unnecessary restructuring
C. A need for additional staff to support new knowledge and new skill requirements
