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OM 300 Exam 2 Chillcut Questions And Answers With Rationales/Grade A+ Assured

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OM 300 Exam 2 Chillcut Questions And Answers

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OM 300 Exam 2 Chillcut Questions And Answers

Question 1
Which of the following is NOT one of the three main phases of project management?
A) Planning
B) Scheduling
C) Auditing
D) Controlling
Correct Answer: C) Auditing
Rationale: The three primary phases of project management are Planning (defining the
project), Scheduling (allocating resources and time), and Controlling (monitoring and
correcting). Auditing is a separate function.

Question 2
During which phase of project management are goals set, the project defined, and the team
organized?
A) Planning
B) Scheduling
C) Controlling
D) Executing
Correct Answer: A) Planning
Rationale: The planning phase involves establishing the foundational elements of the
project, including its objectives, scope, work breakdown structure, and organizational
form.

Question 3
Relating people, money, and supplies to specific activities and relating those activities to each
other is the focus of which project management phase?
A) Planning
B) Scheduling
C) Controlling
D) Goal Setting
Correct Answer: B) Scheduling

,Rationale: The scheduling phase is where the timeline is created. It involves sequencing
activities, estimating durations, and allocating the necessary resources to each task.

Question 4
Which project management phase involves monitoring resources, costs, quality, and budgets, and
then revising plans as needed?
A) Planning
B) Scheduling
C) Controlling
D) Organizing
Correct Answer: C) Controlling
Rationale: The controlling phase is the ongoing process of tracking progress against the
plan, identifying variances, and taking corrective action to keep the project on track.

Question 5
A project organization structure is most helpful when:
A) The work is routine and repetitive.
B) The job is unique and somewhat unfamiliar to the existing organization.
C) The tasks are simple and independent.
D) The project has an indefinite timeline.
Correct Answer: B) The job is unique and somewhat unfamiliar to the existing organization.
Rationale: A project-based organization is ideal for unique, temporary endeavors that
require specialized skills and a focused effort that falls outside the normal day-to-day
operations of the company.

Question 6
Which of the following is a primary responsibility of a project manager?
A) Performing all the technical tasks of the project.
B) Ensuring the project comes in within budget and meets quality goals.
C) Securing the initial funding for the project.
D) Reporting directly to the company's shareholders.
Correct Answer: B) Ensuring the project comes in within budget and meets quality goals.

, Rationale: The project manager is ultimately responsible for the successful execution of the
project, which means meeting the triple constraints of time, cost, and quality.

Question 7
Which of the following is an example of an ethical issue a project manager might face?
A) Pressure to alter status reports to mask delays.
B) Being asked to create a detailed project schedule.
C) Receiving a risk mitigation plan from the team.
D) Communicating project goals to the team.
Correct Answer: A) Pressure to alter status reports to mask delays.
Rationale: Project managers can face ethical dilemmas such as being pressured to be
dishonest about project status, compromise quality, or accept inappropriate gifts.

Question 8
Which project scheduling technique is a network diagram that uses a single, deterministic time
estimate for each activity?
A) Gantt Chart
B) Critical Path Method (CPM)
C) Program Evaluation and Review Technique (PERT)
D) Factor-Rating Method
Correct Answer: B) Critical Path Method (CPM)
Rationale: CPM is a network-based technique that uses one specific time estimate for each
activity to determine the project's critical path and duration.

Question 9
What is the first step in both the PERT and CPM project management techniques?
A) Draw the network diagram.
B) Compute the critical path.
C) Define the project and prepare the work breakdown structure.
D) Assign time estimates to each activity.
Correct Answer: C) Define the project and prepare the work breakdown structure.
Rationale: Before any scheduling or analysis can occur, the project's scope must be clearly
defined and broken down into smaller, manageable work packages or activities.

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