Project Management Exam Questions with
Correct Answers
Project
A temporary endeavor undertaken to create a unique product service or result
Management
Act ot coordinating the efforts of people to accomplish desired goals and objectives using
available resources (eg. Money, workers, equipment, manpower)
Includes:
-Identifying requirements
-Establishing clear and achievable objectives
-Balancing the competing demands for quality, scope time and cost
-Adapting specifications, plans and concerns for the stakeholders
PM Characteristics
1. Management is goal oriented process
2. Multidimensional (work, people and operations)
3. A continuous process
4. Group activity
5. Dynamic function
6. Intangible force
Knowledge Areas
Scope Management
Time management
,Cost management
Stakeholder management
Human resource management
Communication management
Procurement management
Risk management
Quality management
Integration management
Project management
Checking planning, organizing, motivating and controlling resources to achieve specific goals
Application of:
knowledge, skills, tools and techniques
to protect activities to meet or exceed stakeholders' expectations while using resources
efficiently and effectively
Project Life Cycle
Defines the phases that connects the beginning of a project to its end
A project is unique
Details: Raw material extraction and processing, project manufacturing, distribution, use, end
of life
Recycle, Remanufacture, reuse/super-use
Direct Cost
,Energy, materials, labor, time, other resources
Indirect cost and overheads
Waste, environmental damage, land use, social issues, other effects.
Project Phases Summary
Initiation
Requirements:
-Scope
-Duration/Start
-Location
-Budget
People Involved:
-Client
-Owner
-Consultant
-PM
Design Phase
Requirements:
-Details
-Conceptual arch drawing
-Equipment
-Materials
-Technical issues (mechanical, structure)
, -Drawings, materials, specs
People Involved:
-Consultant
-Owner
Planning Phase
Requirements:
-Scheduling
-Plan
People Involved
-Eng
-Arch
-Civil Engineer
- Mechanical and Electrical
-PM
Bidding Phase
Requirements:
-Formal contract documents
-Contractor appointing
-Municipality approval
People involved:
-Owner
Correct Answers
Project
A temporary endeavor undertaken to create a unique product service or result
Management
Act ot coordinating the efforts of people to accomplish desired goals and objectives using
available resources (eg. Money, workers, equipment, manpower)
Includes:
-Identifying requirements
-Establishing clear and achievable objectives
-Balancing the competing demands for quality, scope time and cost
-Adapting specifications, plans and concerns for the stakeholders
PM Characteristics
1. Management is goal oriented process
2. Multidimensional (work, people and operations)
3. A continuous process
4. Group activity
5. Dynamic function
6. Intangible force
Knowledge Areas
Scope Management
Time management
,Cost management
Stakeholder management
Human resource management
Communication management
Procurement management
Risk management
Quality management
Integration management
Project management
Checking planning, organizing, motivating and controlling resources to achieve specific goals
Application of:
knowledge, skills, tools and techniques
to protect activities to meet or exceed stakeholders' expectations while using resources
efficiently and effectively
Project Life Cycle
Defines the phases that connects the beginning of a project to its end
A project is unique
Details: Raw material extraction and processing, project manufacturing, distribution, use, end
of life
Recycle, Remanufacture, reuse/super-use
Direct Cost
,Energy, materials, labor, time, other resources
Indirect cost and overheads
Waste, environmental damage, land use, social issues, other effects.
Project Phases Summary
Initiation
Requirements:
-Scope
-Duration/Start
-Location
-Budget
People Involved:
-Client
-Owner
-Consultant
-PM
Design Phase
Requirements:
-Details
-Conceptual arch drawing
-Equipment
-Materials
-Technical issues (mechanical, structure)
, -Drawings, materials, specs
People Involved:
-Consultant
-Owner
Planning Phase
Requirements:
-Scheduling
-Plan
People Involved
-Eng
-Arch
-Civil Engineer
- Mechanical and Electrical
-PM
Bidding Phase
Requirements:
-Formal contract documents
-Contractor appointing
-Municipality approval
People involved:
-Owner
