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? - Answers 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? - Answers 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.
Which stakeholder would have triggered this strategic business initiative? - Answers Project sponsor
Which group is included in the five process groups? - Answers Closing process group
What does PRINCE2 stand for? - Answers PRojects IN a Controlled Environment
Which PMBOK process group is described as the delivery part of project management where the main
activity happens? - Answers Executing
Which advantage does the functional (departmentalized) organizational structure provide for a firm with
multiple projects? - Answers Lines of authority are clear.
Which two organizations are examples of organizations with the functional organizational structure?
Choose 2 answers - Answers The U.S. Department of State
The U.S Department of Energy
An organization expects to use a project management office (PMO) to support multiple projects that will
be implemented within a projectized organizational structure.
, Which implied effect is a benefit to this organization? - Answers Project team members gain access to
historical data from other projects.
Regardless of the organizational structure used to manage a project, an organization elects to use a
project management office (PMO).
Which benefit will this organization gain? - Answers Projects will coordinate resource usage by
monitoring the status of shared resources.
During a certain project phase, specific blueprints are drawn and approved, materials and labor costs are
estimated, prototypes are created, and work activities and tasks are identified. Also, quality
expectations, measurements, and costs are defined.
During which project phase do these activities occur? - Answers Planning
Place the project activities in order of occurrence from first (1) to last (5).
Developing the work breakdown structure
Capturing lessons learned
Working to produce project deliverables
Collecting customer requirements
Customers evaluating the project outcomes - Answers -1- Collecting customer requirements
-2- Developing the work breakdown structure
-3- Working to produce project deliverables
-4- Customers evaluating the project outcomes
-5- Capturing lessons learned
During which life cycle phase is the vast majority of the actual work to produce the project's deliverables
completed? - Answers Executing
What is the correct term for an intermediate outcome of project work, such as a signed contract or
obtaining a construction permit? - Answers Deliverable
Which deliverable from a work breakdown structure (WBS) is not specific enough to measure its
completion at project closure? - Answers User training