C722 Project Management - Unit 5 & 6 Questions with 100%
correct answers rated
Developed in the 1950s for the U.S. Navy, this method uses statistical analysis to estimate activity
duration times. - correct answer ✔✔PERT
Used previously in software development, this method organizes project tasks into linear workflows. -
correct answer ✔✔Waterfall
Developed for the Dupont Corporation to estimate activity time durations, this method assumes time
can be reliably estimated. - correct answer ✔✔CPM
Focuses on managing the uncertainties of a project and builds buffers into the schedule to prevent key
activities from failing. - correct answer ✔✔Critical Chain
Focuses on the specification of outputs, including very specific processes and terminology. - correct
answer ✔✔PRINCE2
True or False:
PMBOK is a method for project management. - correct answer ✔✔False
(PMBOK is an official standard for project management, not a method. Project management methods
include PERT, CPM, Critical Chain, Waterfall, Agile, and PRINCE2.)
What is a standard that identifies the best practices in project management? - correct answer
✔✔PMBOK
(PMBOK is a standard that identifies the best practices that can be applied across projects and
environments.)
True or False:
The customer is often unable to fully define the desired outcome of a project.
True - correct answer ✔✔True
,(This is one of the uncertainties that must be considered when selecting an appropriate project
management method.)
Which of these factors contribute to uncertainty in project management? - correct answer
✔✔Technologies
Match the specific initiating process to the correct activity.
Defining
Creating
Identifying
Documenting
Evaluating
Completing - correct answer ✔✔Defining = The project itself
Creating = Project Charter
Identifying = Project's Major Stakeholders
Documenting = What problem the project will solve
Evaluating = Project proposals
Completing = Project selection
True or False:
A project charter is signed after all the steps of the processes of initiating are completed. - correct
answer ✔✔True
(The final step of the processes of initiating is issuing the project charter if the project is approved.)
What happens once the initiating processes are completed? - correct answer ✔✔The project charter is
issued.
True or False:
A project is defined as part of the planning processes. - correct answer ✔✔False
, (The project is defined earlier, during the initiating processes.)
A project's ----------, budget, and schedule are developed during the planning processes. - correct answer
✔✔scope
The project scope, budget, and schedule created and approved through the planning process will
become the standard for ----------.
. - correct answer ✔✔performance measurement
True or False.
Typical project execution involves a fixed team of people who stay on throughout its duration. - correct
answer ✔✔False
(Project execution can be very dynamic, with people joining and exiting the project team throughout the
project.)
Match the activity with the object for a correct process of executing.
Activity/ Object
Managing = ?
Acquiring = ?
Documenting = ?
Implementing =? - correct answer ✔✔Activity/ Object
Managing = Stakeholders
Acquiring = Team members
Documenting = Change requests
Implementing = The project plan
What gets created during the executing process? - correct answer ✔✔The project outcomes
Which is a specific example of controlling? - correct answer ✔✔Terminating a project because its
outcomes are no longer needed
correct answers rated
Developed in the 1950s for the U.S. Navy, this method uses statistical analysis to estimate activity
duration times. - correct answer ✔✔PERT
Used previously in software development, this method organizes project tasks into linear workflows. -
correct answer ✔✔Waterfall
Developed for the Dupont Corporation to estimate activity time durations, this method assumes time
can be reliably estimated. - correct answer ✔✔CPM
Focuses on managing the uncertainties of a project and builds buffers into the schedule to prevent key
activities from failing. - correct answer ✔✔Critical Chain
Focuses on the specification of outputs, including very specific processes and terminology. - correct
answer ✔✔PRINCE2
True or False:
PMBOK is a method for project management. - correct answer ✔✔False
(PMBOK is an official standard for project management, not a method. Project management methods
include PERT, CPM, Critical Chain, Waterfall, Agile, and PRINCE2.)
What is a standard that identifies the best practices in project management? - correct answer
✔✔PMBOK
(PMBOK is a standard that identifies the best practices that can be applied across projects and
environments.)
True or False:
The customer is often unable to fully define the desired outcome of a project.
True - correct answer ✔✔True
,(This is one of the uncertainties that must be considered when selecting an appropriate project
management method.)
Which of these factors contribute to uncertainty in project management? - correct answer
✔✔Technologies
Match the specific initiating process to the correct activity.
Defining
Creating
Identifying
Documenting
Evaluating
Completing - correct answer ✔✔Defining = The project itself
Creating = Project Charter
Identifying = Project's Major Stakeholders
Documenting = What problem the project will solve
Evaluating = Project proposals
Completing = Project selection
True or False:
A project charter is signed after all the steps of the processes of initiating are completed. - correct
answer ✔✔True
(The final step of the processes of initiating is issuing the project charter if the project is approved.)
What happens once the initiating processes are completed? - correct answer ✔✔The project charter is
issued.
True or False:
A project is defined as part of the planning processes. - correct answer ✔✔False
, (The project is defined earlier, during the initiating processes.)
A project's ----------, budget, and schedule are developed during the planning processes. - correct answer
✔✔scope
The project scope, budget, and schedule created and approved through the planning process will
become the standard for ----------.
. - correct answer ✔✔performance measurement
True or False.
Typical project execution involves a fixed team of people who stay on throughout its duration. - correct
answer ✔✔False
(Project execution can be very dynamic, with people joining and exiting the project team throughout the
project.)
Match the activity with the object for a correct process of executing.
Activity/ Object
Managing = ?
Acquiring = ?
Documenting = ?
Implementing =? - correct answer ✔✔Activity/ Object
Managing = Stakeholders
Acquiring = Team members
Documenting = Change requests
Implementing = The project plan
What gets created during the executing process? - correct answer ✔✔The project outcomes
Which is a specific example of controlling? - correct answer ✔✔Terminating a project because its
outcomes are no longer needed
