PHLT 411 EXAM 1 UPDATED ACTUAL QUESTIONS AND
CORRECT ANSWERS
Question:
1. What is a Project?
Answer:
a temporary endeavor undertaken to create a unique product, service, or result
Question:
2. A project can create...
Answer:
- a PRODUCT
- a SERVICE
- an IMPROVEMENT
- a RESULT
Question:
3. Differences between project and program
Answer:
- Programs focus on the coordination of a number of related projects and other activities, over time, to
deliver benefits to the organization
- Can't be achieved by one project alone
Question:
4. Different approaches to management:
Answer:
- Minimize uncertainty and change in projects; expect and embrace uncertainty and change in program
- Success in project is on-time and on-budget; success in program is value-added
- Relationships built have a long-term focus
Question:
5. What is project management?
Answer:
Process of applying knowledge, skills, tools, and techniques to describe, organize and monitor the work of
the project in order to accomplish the goals of the project
Question:
6. Types of Management
Answer:
1. Strategic Management
2. Operations Management
3. Crisis Management
4. Project Management
, Question:
7. Strategic Management
Answer:
high-level decisions that can affect what projects are undertaken
Question:
8. Operations Management
Answer:
day-to-day operations
Question:
9. Crisis Management
Answer:
reactive, temporary, corrective
Question:
10. Project Management
Answer:
spans ongoing and temporary, corrective and preventive
Question:
11. Benefits of project management processes
Answer:
- Improve project performance
- Reduces time to complete projects
- Reduces risk
- Increases quality
- Improves communication
- Ensures accuracy and consistency
- Increases likelihood of positive outcome
Question:
12. General Organizational Structures
Answer:
1. Functional Organization
2. Project Focused Organization
3. Matrix Organization
Question:
13. Functional Organization
Answer:
- Traditional form
- Hierarchical in nature
- Employees report to one manager within their functional area who reports to a higher level manager in
that general function.
CORRECT ANSWERS
Question:
1. What is a Project?
Answer:
a temporary endeavor undertaken to create a unique product, service, or result
Question:
2. A project can create...
Answer:
- a PRODUCT
- a SERVICE
- an IMPROVEMENT
- a RESULT
Question:
3. Differences between project and program
Answer:
- Programs focus on the coordination of a number of related projects and other activities, over time, to
deliver benefits to the organization
- Can't be achieved by one project alone
Question:
4. Different approaches to management:
Answer:
- Minimize uncertainty and change in projects; expect and embrace uncertainty and change in program
- Success in project is on-time and on-budget; success in program is value-added
- Relationships built have a long-term focus
Question:
5. What is project management?
Answer:
Process of applying knowledge, skills, tools, and techniques to describe, organize and monitor the work of
the project in order to accomplish the goals of the project
Question:
6. Types of Management
Answer:
1. Strategic Management
2. Operations Management
3. Crisis Management
4. Project Management
, Question:
7. Strategic Management
Answer:
high-level decisions that can affect what projects are undertaken
Question:
8. Operations Management
Answer:
day-to-day operations
Question:
9. Crisis Management
Answer:
reactive, temporary, corrective
Question:
10. Project Management
Answer:
spans ongoing and temporary, corrective and preventive
Question:
11. Benefits of project management processes
Answer:
- Improve project performance
- Reduces time to complete projects
- Reduces risk
- Increases quality
- Improves communication
- Ensures accuracy and consistency
- Increases likelihood of positive outcome
Question:
12. General Organizational Structures
Answer:
1. Functional Organization
2. Project Focused Organization
3. Matrix Organization
Question:
13. Functional Organization
Answer:
- Traditional form
- Hierarchical in nature
- Employees report to one manager within their functional area who reports to a higher level manager in
that general function.
