PROJECT MANAGEMENT C722 FINAL EXAM WITH 100% VERIFIED
SOLUTIONS- 2024-2025
The project must be reevaluated in view of the new long term strategic plans.
Your company has just revised its long-term goals and objectives as well as its long term strategic plans.
What is the impact on an existing project?
None. Proceed as planned.
The project must be reevaluated in view of the new long term strategic plans.
Accelerate the schedule before any directive to change the project.
Finish the project. It conformed with the company's strategy at the time it was approved.
scope, schedule, and budget
The final __________, _________, and ____________ plans are captured as baselines for the project,
which the sponsor approves before the project moves into the execution phase.
Dedicated
a ____________ project manager's role in life is to be a project manager regardless of the operational
needs of the business.
working
a product design manager was also responsible for the operational delivery of the product is a
__________project manager
scope, time and budget
the triple constraints of a project
project plan
A _____________ __________
should include approved requirements, a schedule resource plans, and budgeting requirements.
stakeholder
Anyone who is involved with the project from inside or outside of the organization that is either a user
or contributor to the project and the organization
Project Manager
Who manages the varying interests of stakeholders?
,regularly and timely
The frequency of project status meetings is based on stakeholders' interests and communication needs,
but they must be regular and timely.
It is important that project status meetings are held ____________________________
weekly internal status
During the meeting, each leader speaks to the status of their work. Risks and the status of any mitigation
activities are discussed. Based on the discussion, the PM assembles the team reports and updates them
into one document.
Monthly Management Project Review
This meeting includes three highlights, three lowlights, three issues, milestones that show the project
schedule performance compared to baseline, and a standard financial performance trend chart.
Monthly Customer Meeting
Using the team's last prior weekly report and the customer meeting information from last month, the
PM covers project performance to schedule and financial performance for the project. Product and
contract issues and discussions are also held at this time.
False
The real purpose of a status meeting beyond informing, which can be done in writing, is to get questions
and raise issues before they become problems! You will save time if you find out information and issues
as early as possible.
True or False: Status meetings should be held only with the sponsor to keep questions to a minimum
and conserve time.
project status meeting
Choosing the reports that a project will use is closely linked with selecting the_____________________
__________ _____________
scheduling
A Gantt chart is an example of a
____________________
tool.
The maximum number of hours that should go by before checking in with a team member
One of the project manager's tools for communicating is the 8 and 80 Rule. What does the number 80
refer to in this rule?
Setting aggressive deliverables and schedules
Combining people of different skills and backgrounds
, Asking people to work on the tasks needed without giving them the whole picture
Which of the following are causes of conflict in teams? (Select all that apply.)
Setting aggressive deliverables and schedules
Combining people of different skills and backgrounds
Working on risk resolution through a variety of collaborative platforms
Asking people to work on the tasks needed without giving them the whole picture
communication with the team
Which is a way to avoid conflict in a project?
Conflict can teach the project manager and team members something critical about the project that was
not previously known.
How can conflict be an opportunity?
They are best practices that may not apply to every project in every company in every industry.
Which of the following statements about the PMBOK and PRINCE2 standards is correct?
They enforce systems and processes to ensure efficiencies and project safety.
The review process is lengthy so standards may not be relevant and don't reflect the best practices of
the time.
They are best practices that may not apply to every project in every company in every industry.
They dictate the project management processes and standards that a PM needs to understand and
adhere to.
Standards
What specifically do PMBOK and PRINCE2 to provide to projects?
PMP - Project Mgmt Professional
Which certification has the largest number of practitioners registered globally?
IPMA
Which organization issues competency-based certifications but does not have a standard such as the
PMBOK?
SOLUTIONS- 2024-2025
The project must be reevaluated in view of the new long term strategic plans.
Your company has just revised its long-term goals and objectives as well as its long term strategic plans.
What is the impact on an existing project?
None. Proceed as planned.
The project must be reevaluated in view of the new long term strategic plans.
Accelerate the schedule before any directive to change the project.
Finish the project. It conformed with the company's strategy at the time it was approved.
scope, schedule, and budget
The final __________, _________, and ____________ plans are captured as baselines for the project,
which the sponsor approves before the project moves into the execution phase.
Dedicated
a ____________ project manager's role in life is to be a project manager regardless of the operational
needs of the business.
working
a product design manager was also responsible for the operational delivery of the product is a
__________project manager
scope, time and budget
the triple constraints of a project
project plan
A _____________ __________
should include approved requirements, a schedule resource plans, and budgeting requirements.
stakeholder
Anyone who is involved with the project from inside or outside of the organization that is either a user
or contributor to the project and the organization
Project Manager
Who manages the varying interests of stakeholders?
,regularly and timely
The frequency of project status meetings is based on stakeholders' interests and communication needs,
but they must be regular and timely.
It is important that project status meetings are held ____________________________
weekly internal status
During the meeting, each leader speaks to the status of their work. Risks and the status of any mitigation
activities are discussed. Based on the discussion, the PM assembles the team reports and updates them
into one document.
Monthly Management Project Review
This meeting includes three highlights, three lowlights, three issues, milestones that show the project
schedule performance compared to baseline, and a standard financial performance trend chart.
Monthly Customer Meeting
Using the team's last prior weekly report and the customer meeting information from last month, the
PM covers project performance to schedule and financial performance for the project. Product and
contract issues and discussions are also held at this time.
False
The real purpose of a status meeting beyond informing, which can be done in writing, is to get questions
and raise issues before they become problems! You will save time if you find out information and issues
as early as possible.
True or False: Status meetings should be held only with the sponsor to keep questions to a minimum
and conserve time.
project status meeting
Choosing the reports that a project will use is closely linked with selecting the_____________________
__________ _____________
scheduling
A Gantt chart is an example of a
____________________
tool.
The maximum number of hours that should go by before checking in with a team member
One of the project manager's tools for communicating is the 8 and 80 Rule. What does the number 80
refer to in this rule?
Setting aggressive deliverables and schedules
Combining people of different skills and backgrounds
, Asking people to work on the tasks needed without giving them the whole picture
Which of the following are causes of conflict in teams? (Select all that apply.)
Setting aggressive deliverables and schedules
Combining people of different skills and backgrounds
Working on risk resolution through a variety of collaborative platforms
Asking people to work on the tasks needed without giving them the whole picture
communication with the team
Which is a way to avoid conflict in a project?
Conflict can teach the project manager and team members something critical about the project that was
not previously known.
How can conflict be an opportunity?
They are best practices that may not apply to every project in every company in every industry.
Which of the following statements about the PMBOK and PRINCE2 standards is correct?
They enforce systems and processes to ensure efficiencies and project safety.
The review process is lengthy so standards may not be relevant and don't reflect the best practices of
the time.
They are best practices that may not apply to every project in every company in every industry.
They dictate the project management processes and standards that a PM needs to understand and
adhere to.
Standards
What specifically do PMBOK and PRINCE2 to provide to projects?
PMP - Project Mgmt Professional
Which certification has the largest number of practitioners registered globally?
IPMA
Which organization issues competency-based certifications but does not have a standard such as the
PMBOK?
