QUESTIONS & ANSWERS(RATED
A+)
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? -
ANSWERInterdependent 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? -
ANSWERImprovement 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? -
ANSWERProject sponsor
Which group is included in the five process groups? - ANSWERClosing process
group
What does PRINCE2 stand for? - ANSWERPRojects IN a Controlled Environment
Which PMBOK process group is described as the delivery part of project
management where the main activity happens? - ANSWERExecuting
Which advantage does the functional (departmentalized) organizational structure
provide for a firm with multiple projects? - ANSWERLines of authority are clear.
Which two organizations are examples of organizations with the functional
organizational structure? - ANSWERThe 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 activity is performed during the creating part of the initiating process? -
ANSWERDrafting the project charter
, Which activity is accomplished as part of the executing process of a project? -
ANSWERImplementing the project plan
Which process involves determining who the project's stakeholders are? -
ANSWERThe initiating process
Which implied effect is a benefit to this organization? - ANSWERProject 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? - ANSWERProjects 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? - ANSWERPlanning
Place the project activities in order of occurrence from first (1) to last (5). -
ANSWERCollecting customer requirements 1
Developing the work breakdown structure 2
Working to produce project deliverable 3
Customers evaluating the project outcomes 4
Capturing lessons learned 5
During which life cycle phase is the vast majority of the actual work to produce the
project's deliverables completed? - ANSWERExecuting
What is the correct term for an intermediate outcome of project work, such as a
signed contract or obtaining a construction permit? - ANSWERDeliverable
Which deliverable from a work breakdown structure (WBS) is not specific enough to
measure its completion at project closure? - ANSWERUser training
he following table shows the Level 1 work breakdown structure (WBS) for Project A.
WBS ID Description
0.0 Project A
1.0 Project started
2.0 Feasiblity
3.0 Design
4.0 Development
5.0 Manufacturing