QUESTIONS AND CORRECT ANSWERS
Triple constraint - CORRECT ANSWER time, cost, scope
Red light issues - CORRECT ANSWER things that will immediately impact the success of the
project
yellow light issues - CORRECT ANSWER things that may be impending issues arising for the
future of the project, plus recommendations for how to avoid these issues from becoming problems
program review - CORRECT ANSWER (monthly) multi project review for sponser and other
senior managers; milestones
8 and 80 rule - CORRECT ANSWER avoid controlling tasks of less than 8 hours; don't let
more than 80 hours (or two weeks) go by without checking in.
best communication for widely dispersed virtual team - CORRECT ANSWER shared threaded
discussion
basic communication tenets - CORRECT ANSWER establish expectations, address conflict
immediately, stay focused on goals, remember dealing with individuals, conflict is oppurtunity
PMBOK - CORRECT ANSWER project managers book of knowledge
PRINCE2 - CORRECT ANSWER PRojects IN a Controlled Environment v2
PMI - CORRECT ANSWER Project Management Institute
APM - CORRECT ANSWER Association for Project Management
, IPMA - CORRECT ANSWER International Project Management Association
AXELOS, Ltd - CORRECT ANSWER joint venture for UK and Captia PLC
Functional (Departmentalized) - CORRECT ANSWER oldest and most basic form of
organization; lines of authority are clear; organization does not focus on solving project business
issues; PM has little influence; not managed holistically
Projectized - CORRECT ANSWER Subject matter experts from different functional areas are
assigned to directly report to the project manager; PM has full authority; cross functional
collaboration; timely decision making; PM has high influence; clear lines of authority; duplication of
personnel; SME assigned may not have most appropriate knowledge or expertise
Matrix - CORRECT ANSWER has less clearly defined lines of reporting; administrative
personnel are not duplicated; central focus is project; issues are responded to quickly; requires
cooperation between functional and project managers
level 1 Ad Hoc - CORRECT ANSWER no formal standards
level 2 planned - CORRECT ANSWER basic documentation exists
level 3 managed - CORRECT ANSWER management support is consistent, execution is
irregularly/inconsistently applied
level 4 integrated - CORRECT ANSWER execution is consistent
level 5 sustained - CORRECT ANSWER lessons learned and best practices are applied to
continuously
5 process groups - CORRECT ANSWER Initiating, planning, executing, monitoring, closing
sacred cow - CORRECT ANSWER badly planned project that you are hesitant to bring up