BMGT 485 Exam UPDATED ACTUAL
Exam Questions and CORRECT Answers
Project - CORRECT ANSWER - A sequence of unique, complex, and connected activities
having one goal or purpose and that must be completed by specific time, within budget, and
according to specification
Project - CORRECT ANSWER - A temporary endeavor undertaken to accomplish a
unique product or service
Program - CORRECT ANSWER - A group of related projects
managed in a coordinated way
to obtain benefits and control not available from managing them individually
Program Managers - CORRECT ANSWER - Oversee programs and often act as bosses for
project managers.
Portfolio - CORRECT ANSWER - ___________ is NOT necessarily a Program
Standish Group - CORRECT ANSWER - Group who's study showed IT projects had a
terrible track record
16.2% - CORRECT ANSWER - % of successful IT projects in 1995
31% - CORRECT ANSWER - Over _________ of IT projects were cancelled before
completion, costing over 81 Billion in the US alone. (1995)
78000 - CORRECT ANSWER - # of IT projects in 2001 that were successful
, 28% - CORRECT ANSWER - % of IT projects that succeeded in 2001
Scope
Time
Cost
Quality - CORRECT ANSWER - 4 core knowledge areas of Management
Human Resources
Communication
Risk
Procurement
Stakeholders - CORRECT ANSWER - 5 facilitating knowledge areas of Management
Project Integration Management - CORRECT ANSWER - Affects and is affected by all of
the other knowledge areas
Classes - CORRECT ANSWER - Business Disciplines are all examples of ______ I would
take like Finance.
Systems Thinking - CORRECT ANSWER - Taking a holistic view of a project and
understanding how it relates to the larger organization.
Stakeholders - CORRECT ANSWER - People involved in or affected by project activities
PMI - CORRECT ANSWER - ____________ provides Project Management Professional
(PMP) certification
Ethics - CORRECT ANSWER - One of the biggest issues in project management
especially the managers
Exam Questions and CORRECT Answers
Project - CORRECT ANSWER - A sequence of unique, complex, and connected activities
having one goal or purpose and that must be completed by specific time, within budget, and
according to specification
Project - CORRECT ANSWER - A temporary endeavor undertaken to accomplish a
unique product or service
Program - CORRECT ANSWER - A group of related projects
managed in a coordinated way
to obtain benefits and control not available from managing them individually
Program Managers - CORRECT ANSWER - Oversee programs and often act as bosses for
project managers.
Portfolio - CORRECT ANSWER - ___________ is NOT necessarily a Program
Standish Group - CORRECT ANSWER - Group who's study showed IT projects had a
terrible track record
16.2% - CORRECT ANSWER - % of successful IT projects in 1995
31% - CORRECT ANSWER - Over _________ of IT projects were cancelled before
completion, costing over 81 Billion in the US alone. (1995)
78000 - CORRECT ANSWER - # of IT projects in 2001 that were successful
, 28% - CORRECT ANSWER - % of IT projects that succeeded in 2001
Scope
Time
Cost
Quality - CORRECT ANSWER - 4 core knowledge areas of Management
Human Resources
Communication
Risk
Procurement
Stakeholders - CORRECT ANSWER - 5 facilitating knowledge areas of Management
Project Integration Management - CORRECT ANSWER - Affects and is affected by all of
the other knowledge areas
Classes - CORRECT ANSWER - Business Disciplines are all examples of ______ I would
take like Finance.
Systems Thinking - CORRECT ANSWER - Taking a holistic view of a project and
understanding how it relates to the larger organization.
Stakeholders - CORRECT ANSWER - People involved in or affected by project activities
PMI - CORRECT ANSWER - ____________ provides Project Management Professional
(PMP) certification
Ethics - CORRECT ANSWER - One of the biggest issues in project management
especially the managers
