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WITH ANSWERS |\
A firm begins its strategic business initiative of developing a new
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business model that will allow the firm to deliver an efficient,
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tailored service to its customers. To accomplish this, the firm
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initiates a business management project.
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Which aspect of project management applies to this firm's
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project? - CORRECT ANSWERS ✔✔Interdependent tasks
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A firm begins its strategic business initiative of developing a new
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business model to enhance its competitiveness.
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What can be identified as a strategic business initiative for this
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firm? - CORRECT ANSWERS ✔✔Improvement in product design
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A firm begins a strategic business initiative of developing a new
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business model that will allow the firm to deliver an efficient,
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tailored service to its customers.
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Which stakeholder would have triggered this strategic business
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initiative? - CORRECT ANSWERS ✔✔Project sponsor
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Which group is included in the five process groups? - CORRECT
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ANSWERS ✔✔Closing process group |\ |\ |\
,What does PRINCE2 stand for? - CORRECT ANSWERS ✔✔PRojects
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IN a Controlled Environment
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Which PMBOK process group is described as the delivery part of
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project management where the main activity happens? -
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CORRECT ANSWERS ✔✔Executing |\ |\
Which advantage does the functional (departmentalized)
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organizational structure provide for a firm with multiple projects? |\ |\ |\ |\ |\ |\ |\ |\
- CORRECT ANSWERS ✔✔Lines of authority are clear.
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Which two organizations are examples of organizations with the
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functional organizational structure? - CORRECT ANSWERS ✔✔The
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U.S. Department of State & The U.S Department of Energy
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An organization expects to use a project management office
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(PMO) to support multiple projects that will be implemented
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within a projectized organizational structure.
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Which implied effect is a benefit to this organization? - CORRECT
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ANSWERS ✔✔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
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office (PMO). |\ |\
, Which benefit will this organization gain? - CORRECT ANSWERS
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✔✔Projects will coordinate resource usage by monitoring the |\ |\ |\ |\ |\ |\ |\ |\
status of shared resources.
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During a certain project phase, specific blueprints are drawn and
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approved, materials and labor costs are estimated, prototypes
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are created, and work activities and tasks are identified. Also,
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quality expectations, measurements, and costs are defined.
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During which project phase do these activities occur? - CORRECT
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ANSWERS ✔✔Planning |\
Place the project activities in order of occurrence from first (1) to
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last (5). - CORRECT ANSWERS ✔✔Collecting customer
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requirements 1 |\ |\
Developing the work breakdown structure 2 |\ |\ |\ |\ |\
Working to produce project deliverable 3
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Customers evaluating the project outcomes 4 |\ |\ |\ |\ |\
Capturing lessons learned 5 |\ |\ |\
During which life cycle phase is the vast majority of the actual
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work to produce the project's deliverables completed? - CORRECT
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ANSWERS ✔✔Executing
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