(PIPO)
QUESTIONS AND ANSWERS
2025 UPDATE 100% CORRECT.
1. Network Diagram - ANSWER Flow chart of sequenced project activities
2. Tool for PM to track that important items are addressed when developing and defining
project scope? - ANSWER Network diagram
3. WBS (Work Breakdown Structure) - ANSWER Lists the project activities and tasks and
begins to identify how they fit together and where they fit on a calendar
4. Executing (Process #3 - Iterative) - ANSWER PM cycles members as needed to create
the project outcomes
5. Executing Activities (Process #3 - Iterative) - ANSWER Acquire resources, train/coach
resources, communicate / manage with stakeholders, implement plan, document change
requests, assess resource performance, and recognize / reward performance
6. Monitor & Control (Process #4 - Iterative) - ANSWER Assess whether project plan is
implemented, outcomes and deliverables are as expected. Also, to get the project team
back on the plan or make adjustments to the plan in order to achieve the desired outcomes
and deliverables
7. Monitor & Control Activities (Process #4 - Iterative) - ANSWER Activities are in sync,
deliverables met scope, document scope change, resolve issues, monitor schedule /
budget / quality / performance / risk, determine when replanning is needed
8. Closing (Process #5) - ANSWER Specific actions which need to occur in order to ensure
that all project activities are completed
, 9. Closing Activities (Process #5) - ANSWER Pay vendor invoice, reconcile vendor
accounts, return excess material and supplies, return assets to orgs, writing lessons
learned, complete project documentation, deliver to customer, receive sign-off and
archive all project documents
10. Project Life Cycle 4 Phases - ANSWER Define, Plan, Execute, Close
11. Define Phase - ANSWER Idea for the project is formalized into a project proposal and
the decision on whether the project will be selected for implementation is made
12. Plan Phase - ANSWER Document information about each activity that will need to be
completed in order for the project to achieve its intended outcomes
13. Execute Phase - ANSWER Based on the plans created during the project planning phase,
the project team completes the required work activities in this phase
14. Closing Phase - ANSWER Project outcomes are delivered to the customer and/or sponsor
and the customer and/or sponsor evaluates them to determine if they are acceptable -
deliverables are ready, the budget and time requirements are met and quality is achieved,
and lessons learned are documented
15. PM Methods - ANSWER PERT, CPM, critical chain, waterfall, and PRINCE2
16. PERT (Project evaluation and review technique) - ANSWER Developed in 1950 to
estimate activity on Navy's Polaris missile project.
17. CPM (Critical path method) - ANSWER Developed by DuPont to help with project in
manufacturing. Similar to PERT but assumes that estimates do not vary and time can be
reliably estimated
18. PMBOK 5 Process Groups - ANSWER Initiating, Planning (Iterative), Executing
(Iterative), Monitor & Control (Iterative) and Closing