Attempt #1
Status: Passed
1. A firm begins its strategic business initiative of developing a new business model that will allow the firm to deliver an
efficient, tailored service to its customers. To accomplish this, the firm initiates a business management project.
Which aspect of project management applies to this firm’s project?
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ANSWER ANSWER
Independent operations
Interdependent tasks
Regulatory concept
External environment
2. A firm begins its strategic business initiative of developing a new business model to enhance its competitiveness.
What can be identified as a strategic business initiative for this firm?
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ANSWER ANSWER
Timely payment of liabilities
Liaison with regulatory agencies
Improvement in product design
Environmental scanning
3. A firm begins a strategic business initiative of developing a new business model that will allow the firm to deliver an
efficient, tailored service to its customers.
Which stakeholder would have triggered this strategic business initiative?
YOUR CORRECT
ANSWER ANSWER
Director of operations
Production supervisor
Project sponsor
Financial controller
4. Which group is included in the five process groups?
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ANSWER ANSWER
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, Communication process group
Quality process group
5. What does PRINCE2 stand for?
YOUR CORRECT
ANSWER ANSWER
PRoject INsights for CompEtitiveness
PRojects IN a Competitive Environment
PRoject INsights and CompEtencies
PRojects IN a Controlled Environment
6. Which PMBOK process group is described as the delivery part of project management where the main activity happens?
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ANSWER ANSWER
Planning
Executing
Controlling
Closing
7. Which advantage does the functional (departmentalized) organizational structure provide for a firm with multiple
projects?
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ANSWER ANSWER
Lines of authority are clear.
The project customer is the only focus.
It is efficient for collaboration and cooperation between departments.
Each project is managed holistically.
8. Which two organizations are examples of organizations with the functional organizational structure?
Choose 2 answers
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, The U.S. National Aeronautics and Space Administration (NASA)
The U.S Department of Energy
Google Inc.
9. An organization expects to use a project management office (PMO) to support multiple projects that will be
implemented within a projectized organizational structure.
Which implied effect is a benefit to this organization?
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ANSWER ANSWER
Project team members retain their functional responsibilities.
Project team members become full-time employees.
Project team members gain access to the newest technologies and skill sets.
Project team members gain access to historical data from other projects.
10. Regardless of the organizational structure used to manage a project, an organization elects to use a project managemen
office (PMO).
Which benefit will this organization gain?
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ANSWER ANSWER
Projects will coordinate resource usage by monitoring the status of shared
resources.
Projects will define the organization’s corporate strategy in the project charter.
Projects will receive a 10% managerial reserve fund to cover warranty back
charges.
Projects will eliminate the costs incurred from having to follow corporate
procedures.
11. During a certain project phase, specific blueprints are drawn and approved, materials and labor costs are estimated,
prototypes are created, and work activities and tasks are identified. Also, quality expectations, measurements, and cost
are defined.
During which project phase do these activities occur?
YOUR CORRECT
ANSWER ANSWER
Defining
Planning
Executing
Closing
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12. Place the project activities in order of occurrence from first (1) to last (5).