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GE 5103 Lesson 2 - Quiz | Questions and Answers | 2025 Update | 100% Correct.

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GE 5103 Lesson 2 - Quiz | Questions and Answers | 2025 Update | 100% Correct.

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What are the key skills a project manager needs to be successful?



A Strategic and business management, schedule development, facilitating meetings

B Leadership, technical project management, communication

4 K Leadership, technical project management, business acumen

D Status reporting, communication, schedule development



A project manager for a life insurance company is trying to complete a package application implementation project but is unable to get the planned amount of time
~ from key resources to complete some of the critical path tasks. The key resources are focused on completing their day-to-day tasks, and the project manager does
not control the work assignments for these people. This scenario is an example of what type of organization?


A Balanced matrix

B Project-oriented

C Tight matrix

/D D Functional



What are the two most important attributes that describe a project according to the Project Management Institute (PMI)?



A Produces a product and has dedicated resources

B D Produces a unique product, service, or result and is a temporary endeavor

C Must have a project charter and a project manager

D Must be approved by an executive sponsor and have a measurable ROl


Which of the following are some of the eight performance domains of project management?


A Planning, project work, integration management

B Stakeholders, uncertainty, leadership

[« D Team, measurement, uncertainty


D Approach and life cycle, delivery, closing

Regarding the importance of management and leadership in projects, all the following statements are false except which one?



A A project can have only one leader.

B Technical leadership is of primary importance in project management.

C D Managing is primarily concerned with consistently producing key results expected by stakeholders.

D On a large project, the project manager is not expected to be the project’s leader.



What are the process groups of project management?


A Planning, implementation, monitoring and controlling, and closing

B Initiating, planning, development, testing, and deployment

C Business case development, planning, executing, controlling, and closing

D Initiating, planning, executing, monitoring and controlling, and closing

, What is the relationship between a project, a program, and a portfolio?



A The only difference is size of their scope.

B A portfolio consists of programs, and a program consists of related projects.


C D A portfolio can consist of programs and projects; a program is a group of related projects.


D A portfolio is focused on the financial aspects of programs and projects.


Who are considered some of the stakeholders on a project?



A D Project manager, customers, end users, operations

B Only the people who either purchase the project work or use the product/service resulting from the project

C Project leadership team, end users, project sponsor, competitor organizations

D Just customers and end users

Which of the following would not be considered an enterprise environmental factor (EEF)?



A Government regulations

B Culture

C Market conditions

D D Your company's policies


Explanation
What are the three main types of organizational structures?



A Projectized, balanced matrix, and hierarchical

B Functional, decentralized, and centralized

" C D Functional, matrix and project-oriented

D Hierarchical, flat, and team-oriented


Explanation
What is a System for Value Delivery?


A D A collection of strategic business activities aimed at building, sustaining, and/or advancing an organization

B A collection of projects and products focused on maximizing customer satisfaction

C A financial approach to projects to ensure the project’s ROl is achieved

D A project management system focused on achieving the project goals



Which of the following would be considered an OPA?



A Corporate culture

B Lessons Learned register for your current project

C Regulatory requirements

D D Standard operating procedures for your organization

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