PROJECT MANAGEMENT TEST BANK
QUESTIONS WITH VERIFIED ANSWERS
FULL REVIEW
●● 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?
Timely payment of liabilities
Liaison with regulatory agencies
Improvement in product design
Environmental scanning
Answer: Improvement 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.
Director of operations
Production supervisor
Project sponsor
Financial controller
Answer: Project sponsor
●● Which group is included in the five process groups?
,Risk process group
Closing process group
Communication process group
Quality process group
Answer: Closing process group
●● What does PRINCE2 stand for?
PRoject INsights for CompEtitiveness
PRojects IN a Competitive Environment
PRoject INsights and CompEtencies
PRojects IN a Controlled Environment
Answer: PRojects IN a Controlled Environment
●● Which PMBOK process group is described as the delivery part of
project management where the main activity happens?
Planning
Executing
Controlling
Closing
Answer: Executing
●● Which advantage does the functional (departmentalized)
organizational structure provide for a firm with multiple projects?
,Lines of authority are clear.
The project customer is the only focus.
It is efficient for collaboration and cooperation between departments.
Each project is managed holistically.
Answer: Lines of authority are clear.
●● Which two organizations are examples of organizations with the
functional organizational structure?
Microsoft
The U.S. Department of State
The U.S. National Aeronautics and Space Administration (NASA)
The U.S Department of Energy
Google Inc.
Answer: (1) The U.S. Department of State and (2) 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 implied effect is a benefit to
this organization?
Project team members retain their functional responsibilities.
Project team members become full-time employees.
Project team members gain access to the newest technologies and skill
sets.
, Project team members gain access to historical data from other projects.
Answer: Project 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?
Projects will coordinate resource usage by monitoring the status of
shared resources.
Projects will define the organization's corporate strategy in the project
charter.
Projects will receive a 10% managerial reserve fund to cover warranty
back charges.
Projects will eliminate the costs incurred from having to follow
corporate procedures.
Answer: Projects 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?
Defining
Planning
QUESTIONS WITH VERIFIED ANSWERS
FULL REVIEW
●● 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?
Timely payment of liabilities
Liaison with regulatory agencies
Improvement in product design
Environmental scanning
Answer: Improvement 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.
Director of operations
Production supervisor
Project sponsor
Financial controller
Answer: Project sponsor
●● Which group is included in the five process groups?
,Risk process group
Closing process group
Communication process group
Quality process group
Answer: Closing process group
●● What does PRINCE2 stand for?
PRoject INsights for CompEtitiveness
PRojects IN a Competitive Environment
PRoject INsights and CompEtencies
PRojects IN a Controlled Environment
Answer: PRojects IN a Controlled Environment
●● Which PMBOK process group is described as the delivery part of
project management where the main activity happens?
Planning
Executing
Controlling
Closing
Answer: Executing
●● Which advantage does the functional (departmentalized)
organizational structure provide for a firm with multiple projects?
,Lines of authority are clear.
The project customer is the only focus.
It is efficient for collaboration and cooperation between departments.
Each project is managed holistically.
Answer: Lines of authority are clear.
●● Which two organizations are examples of organizations with the
functional organizational structure?
Microsoft
The U.S. Department of State
The U.S. National Aeronautics and Space Administration (NASA)
The U.S Department of Energy
Google Inc.
Answer: (1) The U.S. Department of State and (2) 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 implied effect is a benefit to
this organization?
Project team members retain their functional responsibilities.
Project team members become full-time employees.
Project team members gain access to the newest technologies and skill
sets.
, Project team members gain access to historical data from other projects.
Answer: Project 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?
Projects will coordinate resource usage by monitoring the status of
shared resources.
Projects will define the organization's corporate strategy in the project
charter.
Projects will receive a 10% managerial reserve fund to cover warranty
back charges.
Projects will eliminate the costs incurred from having to follow
corporate procedures.
Answer: Projects 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?
Defining
Planning
