C722- Project Management Exam
UPDATED ACTUAL QUESTIONS AND
CORRECT ANSWERS
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? -
CORRECT ANSWER Interdependent Tasks
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? - CORRECT
ANSWER Improvement in product design
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. - CORRECT ANSWER Project
sponsor
Which group is included in the five process groups? - CORRECT ANSWER Closing process
group
What does PRINCE2 stand for? - CORRECT ANSWER PRojects IN a Controlled
Environment
Which PMBOK process group is described as the delivery part of project management where the
main activity happens? - CORRECT ANSWER Executing
Which advantage does the functional (departmentalized) organizational structure provide for a firm
with multiple projects? - CORRECT ANSWER Lines of authority are clear.
Which two organizations are examples of organizations with the functional organizational structure? -
CORRECT ANSWER (1) The U.S. Department of State and (2) The U.S Department of
Energy
, 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? - CORRECT ANSWER Project team members gain access to historical data
from other projects.
Regardless of the organizational structure used to manage a project, an organization elects to use a
project management office (PMO). Which benefit will this organization gain? - CORRECT ANSWER
Projects will coordinate resource usage by monitoring the status of shared resources.
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 costs are defined. During which project phase do these activities
occur? - CORRECT ANSWER Planning
Place the project activities in order of occurrence from first (1) to last (5). - CORRECT ANSWER
(1) Collecting customer requirements (2) Developing the work breakdown structure (3)
Working to produce project deliverables (4) Customers evaluating the project outcomes (5) Capturing
lessons learned
During which life cycle phase is the vast majority of the actual work to produce the project's
deliverables completed? - CORRECT ANSWER Executing
What is the correct term for an intermediate outcome of project work, such as a signed contract or
obtaining a construction permit? - CORRECT ANSWER Deliverable
Which deliverable from a work breakdown structure (WBS) is not specific enough to measure its
completion at project closure? - CORRECT ANSWER User training
The following table shows the Level 1 work breakdown structure (WBS) for Project A.
WBS ID Description
0.0 Project A
1.0 Project started
2.0 Feasiblity
3.0 Design
UPDATED ACTUAL QUESTIONS AND
CORRECT ANSWERS
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? -
CORRECT ANSWER Interdependent Tasks
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? - CORRECT
ANSWER Improvement in product design
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. - CORRECT ANSWER Project
sponsor
Which group is included in the five process groups? - CORRECT ANSWER Closing process
group
What does PRINCE2 stand for? - CORRECT ANSWER PRojects IN a Controlled
Environment
Which PMBOK process group is described as the delivery part of project management where the
main activity happens? - CORRECT ANSWER Executing
Which advantage does the functional (departmentalized) organizational structure provide for a firm
with multiple projects? - CORRECT ANSWER Lines of authority are clear.
Which two organizations are examples of organizations with the functional organizational structure? -
CORRECT ANSWER (1) The U.S. Department of State and (2) The U.S Department of
Energy
, 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? - CORRECT ANSWER Project team members gain access to historical data
from other projects.
Regardless of the organizational structure used to manage a project, an organization elects to use a
project management office (PMO). Which benefit will this organization gain? - CORRECT ANSWER
Projects will coordinate resource usage by monitoring the status of shared resources.
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 costs are defined. During which project phase do these activities
occur? - CORRECT ANSWER Planning
Place the project activities in order of occurrence from first (1) to last (5). - CORRECT ANSWER
(1) Collecting customer requirements (2) Developing the work breakdown structure (3)
Working to produce project deliverables (4) Customers evaluating the project outcomes (5) Capturing
lessons learned
During which life cycle phase is the vast majority of the actual work to produce the project's
deliverables completed? - CORRECT ANSWER Executing
What is the correct term for an intermediate outcome of project work, such as a signed contract or
obtaining a construction permit? - CORRECT ANSWER Deliverable
Which deliverable from a work breakdown structure (WBS) is not specific enough to measure its
completion at project closure? - CORRECT ANSWER User training
The following table shows the Level 1 work breakdown structure (WBS) for Project A.
WBS ID Description
0.0 Project A
1.0 Project started
2.0 Feasiblity
3.0 Design
