IFMA PROJECT MANAGEMENT EXAM
QUESTIONS AND 100% VERIFIED
CORRECT ANSWERS!!!
Many writers have stated that effective objectives should be:
measurable - to track progress
All of the following statements concerning project portfolios are true EXCEPT:
Portfolios cannot include operations and programs.
Which of the following statements concerning strategic analysis is true?
External analysis focuses on the threats and opportunities facing the organization.
Which of the following statements correctly describes a weakness associated with the
financial project selection model?
Payback period models do not consider the profit to be realized after the costs are paid.
Portfolios deal with all of an organization's projects, while programs deal with:
a specific group of related projects
A clear and compelling vision will have all the following characteristics EXCEPT:
provides detailed roadmap for managing a project
A project portfolio is a useful storage medium that enables the project manager to
consolidate all project information in a single, convenient location.
False
Strategic analysis is often called SWOT - Start With Objectives Template (SWOT).
False
Typically, the senior customer representative is responsible for which of the following
project roles?
, ensures the needs of the customer's organization are identified and prioritized
Projects are considered successful for all of the reasons below EXCEPT:..
the team has demonstrated heroics to meet project objectives
In an adaptive or change - driven project life cycle:
early results lead into planning later work.
Which of the following statements correctly describes project management?
Project management applies knowledge, skills, tools and techniques to project activities.
In the PMBOK, the five logical groupings of the project management inputs, tools and
techniques, and outputs are called the:
project management process groups
Which of the ten knowledge areas defined in the Project Management Body of Knowledge
includes the activities of purchasing or acquiring products, services or results from outside
the project team?
Procurement management
All of the following factors have influenced the increased reliance upon project
management in recent years EXCEPT:
the decreased demands of ongoing operational work
Some projects are considered successful if they reap business benefits like increased
profitability, even if completed late or over budget.
True
Stakeholder management is comprised of the processes to identify the people, groups, or
organizations that could impact or be impacted by the project, analyze their expectations
and impact, and developing strategies for engaging them and managing conflicting
interests.
True
QUESTIONS AND 100% VERIFIED
CORRECT ANSWERS!!!
Many writers have stated that effective objectives should be:
measurable - to track progress
All of the following statements concerning project portfolios are true EXCEPT:
Portfolios cannot include operations and programs.
Which of the following statements concerning strategic analysis is true?
External analysis focuses on the threats and opportunities facing the organization.
Which of the following statements correctly describes a weakness associated with the
financial project selection model?
Payback period models do not consider the profit to be realized after the costs are paid.
Portfolios deal with all of an organization's projects, while programs deal with:
a specific group of related projects
A clear and compelling vision will have all the following characteristics EXCEPT:
provides detailed roadmap for managing a project
A project portfolio is a useful storage medium that enables the project manager to
consolidate all project information in a single, convenient location.
False
Strategic analysis is often called SWOT - Start With Objectives Template (SWOT).
False
Typically, the senior customer representative is responsible for which of the following
project roles?
, ensures the needs of the customer's organization are identified and prioritized
Projects are considered successful for all of the reasons below EXCEPT:..
the team has demonstrated heroics to meet project objectives
In an adaptive or change - driven project life cycle:
early results lead into planning later work.
Which of the following statements correctly describes project management?
Project management applies knowledge, skills, tools and techniques to project activities.
In the PMBOK, the five logical groupings of the project management inputs, tools and
techniques, and outputs are called the:
project management process groups
Which of the ten knowledge areas defined in the Project Management Body of Knowledge
includes the activities of purchasing or acquiring products, services or results from outside
the project team?
Procurement management
All of the following factors have influenced the increased reliance upon project
management in recent years EXCEPT:
the decreased demands of ongoing operational work
Some projects are considered successful if they reap business benefits like increased
profitability, even if completed late or over budget.
True
Stakeholder management is comprised of the processes to identify the people, groups, or
organizations that could impact or be impacted by the project, analyze their expectations
and impact, and developing strategies for engaging them and managing conflicting
interests.
True
