Exam Questions and CORRECT Answers
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?
a. Independent operations
b. Interdependent tasks
c. Regulatory concept
d. External environment - CORRECT ANSWER b. 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?
a. Timely payment of liabilities
,b. Liaison with regulatory agencies
c. Improvement in product design
d. Environmental scanning - CORRECT ANSWER c. 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?
a. Director of operations
b. Production supervisor
c. Project sponsor
d. Financial controller - CORRECT ANSWER c. Project sponsor
Which group is included in the five process groups?
a. Risk process group
,b. Closing process group
c. Communication process group
d. Quality process group - CORRECT ANSWER b. closing process group
What does PRINCE2 stand for?
a. PRoject INsights for CompEtitiveness
b. PRojects IN a Competitive Environment
c. PRoject INsights and CompEtencies
d. PRojects IN a Controlled Environment - CORRECT ANSWER d. Projects IN a Controlled
Environment
Which PMBOK process group is described as the delivery part of project management where the
main activity happens?
a. Planning
, b. Executing
c. Controlling
d. Closing - CORRECT ANSWER b. Executing
Which advantage does the functional (departmentalized) organizational structure provide for a
firm with multiple projects?
a. Lines of authority are clear.
b. The project customer is the only focus.
c. It is efficient for collaboration and cooperation between departments.
d. Each project is managed holistically. - CORRECT ANSWER a. Lines of authority are clear
Which two organizations are examples of organizations with the functional organizational
structure? (Choose 2 answers)
a. Microsoft
b. The U.S. Department of State