Management EXAM QUESTIONS
WITH CORRECT SOLUTIONS
UPDATED 2025/2026 SYLLABUS
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Which of the following is true of program managers? - ANSWER ✓ They provide
leadership and direction for project managers heading the projects within a
program.
NPV analysis is a method for making equal comparisons between cash flows for
multi-year projects. - ANSWER ✓ True
A difference between operations and projects is that operations end when their
objectives have been reached, whereas projects do not. - ANSWER ✓ False
The introduction or overview of a project must only include a list of definitions
and acronyms. - ANSWER ✓ False
The DMAIC (Define, Measure, Analyze, Improve, and Control) methodology of
the Six Sigma projects, is used to improve an existing business process. -
ANSWER ✓ True
The _____ should list and describe all of the deliverables required for the project.
- ANSWER ✓ scope statement
Many organizations provide different guidelines and templates for developing
WBSs. - ANSWER ✓ True
, A SWOT analysis, being a linear process, cannot be performed using the nonlinear
mind mapping technique. - ANSWER ✓ False
The critical path is the _____ path through a network diagram, and it represents
the _____ amount of slack or float. - ANSWER ✓ longest; shortest
The majority of time on a project is usually spent on _____, as is most of the
project's budget. - ANSWER ✓ Execution
The WBS provides a basis for creating the project schedule and performing earned
value management for measuring and forecasting project performance. - ANSWER
✓ True
A work package represents one component of the product that the project aims to
deliver. - ANSWER ✓ True
A(n) ____ is a task at the lowest level of the WBS. - ANSWER ✓ Work Package
The two main items for monitoring and controlling in the Scrum framework are
the daily
Scrum and the sprint retrospectives. - ANSWER ✓ False
Project managers work with the project sponsors to define success for particular
projects. - ANSWER ✓ True
In an AOA network diagram, _____ occur when two or more activities follow a
single node. - ANSWER ✓ Bursts
_____ involves formal acceptance of the completed project scope by the
stakeholders. - ANSWER ✓ Scope validation
Deliverables are only product-related, such as a piece of hardware or software. -
ANSWER ✓ False
Change requests are always made in writing. - ANSWER ✓ False