Project Management Exam 1 Questions with
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?
Independent operations
Interdependent tasks
Regulatory concept
External environment
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?
Timely payment of liabilities
Liaison with regulatory agencies
Improvement in product design
Environmental scanning
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.
Director of operations
Production supervisor
,Project sponsor
Financial controller
Project sponsor
Which group is included in the five process groups?
Risk process group
Closing process group
Communication process group
Quality process group
Closing process group
What does PRINCE2 stand for?
PRoject INsights for CompEtitiveness
PRojects IN a Competitive Environment
PRoject INsights and CompEtencies
PRojects IN a Controlled Environment
PRojects IN a Controlled Environment
Which PMBOK process group is described as the delivery part of project management
where the main activity happens?
Planning
Executing
Controlling
Closing
Executing
, Which advantage does the functional (departmentalized) organizational structure
provide for a firm with multiple projects?
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.
Lines of authority are clear.
Which two organizations are examples of organizations with the functional
organizational structure?
Microsoft
The U.S. Department of State
The U.S. National Aeronautics and Space Administration (NASA)
The U.S Department of Energy
Google Inc.
(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?
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.
Project team members gain access to historical data from other projects.
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?
Independent operations
Interdependent tasks
Regulatory concept
External environment
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?
Timely payment of liabilities
Liaison with regulatory agencies
Improvement in product design
Environmental scanning
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.
Director of operations
Production supervisor
,Project sponsor
Financial controller
Project sponsor
Which group is included in the five process groups?
Risk process group
Closing process group
Communication process group
Quality process group
Closing process group
What does PRINCE2 stand for?
PRoject INsights for CompEtitiveness
PRojects IN a Competitive Environment
PRoject INsights and CompEtencies
PRojects IN a Controlled Environment
PRojects IN a Controlled Environment
Which PMBOK process group is described as the delivery part of project management
where the main activity happens?
Planning
Executing
Controlling
Closing
Executing
, Which advantage does the functional (departmentalized) organizational structure
provide for a firm with multiple projects?
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.
Lines of authority are clear.
Which two organizations are examples of organizations with the functional
organizational structure?
Microsoft
The U.S. Department of State
The U.S. National Aeronautics and Space Administration (NASA)
The U.S Department of Energy
Google Inc.
(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?
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.
Project team members gain access to historical data from other projects.
