Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Document preview thumbnail
Preview 3 out of 23 pages
Exam (elaborations)

PROJECT MANAGEMENT PRACTICE TESTS QUESTIONS AND CORRECT ANSWERS 100% VERIFIED!!! ALREADY GRADED A+

Document preview thumbnail
Preview 3 out of 23 pages

PROJECT MANAGEMENT PRACTICE TESTS QUESTIONS AND CORRECT ANSWERS 100% VERIFIED!!! ALREADY GRADED A+

Content preview

PROJECT MANAGEMENT PRACTICE TESTS QUESTIONS AND
CORRECT ANSWERS 100% VERIFIED!!! ALREADY GRADED A+


Ana is a project manager for her organization. She has been presented a set of documents that specifies
the reasons for the project, justification for the project and how it fits in with the company objectives.



What has she received? - (ANSWER)business case



Which of the following comes under the economic model?

Choose all that apply.



IRR

Constrained optimization

NPV

Discounted cash flow - (ANSWER)IRR(internal rate of return)

NPV(net present value)

Discounted cash flow



Which of the following will you include in a business case of your project?



Project milestone

Justification for the project

Cost-benefit analysis

Estimated budget - (ANSWER)Justification for the project

Cost-benefit analysis



Who is responsible for...



-Time and duration estimates for the tasks

-Cost estimates for deliverables or other project work purchased from outside an organization

,PROJECT MANAGEMENT PRACTICE TESTS QUESTIONS AND
CORRECT ANSWERS 100% VERIFIED!!! ALREADY GRADED A+


-Status updates on the progress of the tasks

-Dependencies related to the tasks - (ANSWER)project team



A project sponsor has signed a document for authorizing an upcoming project. Which of the following
will be included in the document?



-Roles and responsibilities of the team members

-High-level details regarding estimated budgets and timelines

-Justification for the project

-Quantitative analysis for all major project risks - (ANSWER)High-level details regarding estimated
budgets and timelines



Justification for the project



You, as a project manager, report to the director of project management, and your team members report
to their areas of responsibility (accounting, human resources, and IT). You have complete control of the
project team's assignments once the project is underway.



What organizational structure(s) does this describe? - (ANSWER)Projectized

Project-based



What are the characteristics of a matrix organization? - (ANSWER)-weak to strong project manager
authority

-mix of full time and part time project resources

-better inter-departmental communication



What features these ten areas?



- Scope

, PROJECT MANAGEMENT PRACTICE TESTS QUESTIONS AND
CORRECT ANSWERS 100% VERIFIED!!! ALREADY GRADED A+


- Time

- Cost

- Quality

- Human Resources

- Communications

- Risk

- Integration

- Stakeholder - (ANSWER)PMBOK Guide



Who is responsible for communicating or marketing the benefits of the product? - (ANSWER)Project
sponsor



In what organizational structure does the sales manager handle project management? -
(ANSWER)Functional



Who provides...?



-Project management standards and processes

-Tools, templates, and artifacts to help manage projects consistently

-Setting deliverables

-Governance process for managing projects and setting priorities

-Key performance indicators and metrics

-Standards of performance including consequences of non-performance

-Coordination of resources among projects - (ANSWER)PMO (Project Management Office)



What is the least precise cash-flow technique? - (ANSWER)payback period estimate



Who has these responsibilities?

Document information

Uploaded on
September 3, 2026
Number of pages
23
Written in
2026/2027
Type
Exam (elaborations)
Contains
Questions & answers
$22.99

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
Hdocvision
4.9
(283)
Sold
1287
Followers
10
Items
1224
Last sold
1 week ago



Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions