Comprehensive Questions with
Verified Answers Graded A+
During which of the following project development life cycles are the project scope, schedule
and budget determined in the early phases of the life cycle? - Answer: Predictive Life Cycle
Which of the following is the correct definition of a project management methodology? -
Answer: System of practices, techniques, rules and procedures used by those who work in a
discipline
You are helping an organization uplift its project management practices. You have
recommended developing a business case for each of the organizational projects followed by
development of a project benefits management plan. Who would you recommend to be the
owner of the business case? - Answer: Project Sponsor
- The project sponsor is generally accountable for the development and maintenance of the
project business case document.
The finance department in your organization approves a number of capital projects on an
annual basis. These projects are then funded by the finance department. You are responsible
for constructing a new manufacturing facility that would require construction of a plant, a
couple of warehouses and a few storage and distribution locations across the state. Your role at
this organization is of a: - Answer: Program Manager
- Since you are responsible for developing a number of related construction projects, you are
managing a bigger program.
,You have been hired by a new startup to develop its process architecture and define its
operating model. The operating model will be used by the business to manage and run its day-
to-day business. Your engagement with this organization is an example of: - Answer: Project
- This is an example of a project. You have a starting point and an end point (defined and agreed
operating model). The later use of the operating model will be the business' operations but your
current engagement is a project as this is a temporary endeavor.
Which of the following statements regarding Project Management Body of Knowledge (PMBOK)
is incorrect? - Answer: The PMO's PMBOK Guide contains the entire Project Management Body
of Knowledge
You have recently helped an organization define its future state operating model. This will be a
significant shift from the current state and will involve significant change. Which of the following
would be your recommendation to the management? - Answer: Create a transition state
between the current and future state.
What does PMP stand for? - Answer: Project Management Professional
When was PMI founded? - Answer: 1969
Why should project managers become certified? - Answer: - gives you higher income potential
- proves you know international standards
- it's required by a growing number of employers
What is the minimum required score of the PMP Exam? - Answer: 61% or 106 out of 175
questions
What % of questions are a direct quote from the PMBOK Guide? - Answer: 0%
, You are setting up a PMO in your organization. The PMO will not only be required to provide
templates and necessary training to projects, it will ensure all projects comply with the
organizational project management policies and procedures. However, the PMO will not directly
manage the organizational projects. Which type of PMO are you setting up? - Answer:
Controlling PMO
Who typically manages project budgets in a multi-divisional organization? - Answer: A
Functional Manager
In which of the following organization types is the project management administrative staff
usually dedicated full-time to projects? - Answer: Strong Matrix
You are leading a project team in a matrix organization. You have found out the project team
members are frequently distracted by their functional managers for petty tasks and the team
responds by prioritizing that work on top of the project work. In this case, the functional
managers are using which of the following powers to get their work done? - Answer: reward-
oriented
Project managers play a critical role in the leadership of their project teams. The project
managers' engagement and involvement with projects vary from organization to organization
and from project to project. Which of the following gives the maximum level of engagement in a
project? - Answer: from project evaluation through realizing business benefits
Some projects are more complex than others. What are the three factors that influence project
complexity? - Answer: ambiguity, system behavior, and human behavior
A project manager is managing a research project. Typically, research projects are not clearly
defined and involve a lot of uncertainty. The project has four phases in which a phase can only
start when its previous phase is complete. What project lifecycle and phase-to-phase
relationship should the project manager use for this project? - Answer: Iterative lifecycle with
sequential phase to phase relationship