assessMent stUdy GUide neWest 2026 WitH CorreCt
aCtUaL QUestions and CorreCtLy WeLL deFined ansWers
Latest aLready Graded a+
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