MGMT 640 - Project Management Exam Questions with Verified Solutions Latest Update
2025/2026
Project Scope - Answers A definition of the end result or mission of the project—a product or
service for the client/customer
Purposes of the Project Scope Statement - Answers To clearly define the deliverable(s) for the
end user.
-To focus the project on successful completion
of its goals.
-To be used by the project owner and participants
as a planning tool and for measuring project success
Project Scope Checklist - Answers Project objective
Deliverables
Milestones
Technical requirements
Limits and exclusions
Reviews with customer
Scope Statements - Answers Also called statements of work (SOW)
Project Charter - Answers -Can contain an expanded version of scope statement.
-A document authorizing the project manager to initiate and lead the project
Scope Creep - Answers The tendency for the project scope to expand over time due to changing
requirements, specifications, and priorities
Causes of Project Trade-offs - Answers Shifts in the relative importance of criterions related to
cost, time, and performance parameters
•Budget-Cost
•Schedule-Time
•Performance-Scope
Managing the Priorities of Project Trade-offs - Answers Constrain: original parameter is a fixed
requirement.
, Enhance: optimizing a criterion over others
Accept: reducing (or not meeting) a criterion requirement
Project management trade offs - Answers Scope - cost - time = quality
Project Priority Matrix - Answers Constraint- performance, enhance- time, accept- cost
Work Breakdown Structure (WBS) - Answers -A hierarchical outline (map) that identifies the
products and work elements involved in a project
-Defines the relationship of the final deliverable
(the project) to its subdeliverables, and in turn,
their relationships to work packages.
-Best suited for design and build projects that have tangible outcomes rather than process-
oriented projects
Hierarchical Breakdown of the WBS - Answers project, deliverable, subdeliverable, lowest
subdeliverable, cost account, work package
How WBS Helps the Project Manager - Answers -Facilitates evaluation of cost, time, and
technical performance of the organization on a project.
-Provides management with information appropriate to each organizational level.
-Helps in the development of the organization breakdown structure (OBS), which assigns project
responsibilities to organizational units and individuals
-Helps manage plan, schedule, and budget.
-Defines communication channels and assists in coordinating the various project elements.
Work Package - Answers A work package is the lowest level of the WBS.
-It is output-oriented in that it:
1.Defines work (what).
2025/2026
Project Scope - Answers A definition of the end result or mission of the project—a product or
service for the client/customer
Purposes of the Project Scope Statement - Answers To clearly define the deliverable(s) for the
end user.
-To focus the project on successful completion
of its goals.
-To be used by the project owner and participants
as a planning tool and for measuring project success
Project Scope Checklist - Answers Project objective
Deliverables
Milestones
Technical requirements
Limits and exclusions
Reviews with customer
Scope Statements - Answers Also called statements of work (SOW)
Project Charter - Answers -Can contain an expanded version of scope statement.
-A document authorizing the project manager to initiate and lead the project
Scope Creep - Answers The tendency for the project scope to expand over time due to changing
requirements, specifications, and priorities
Causes of Project Trade-offs - Answers Shifts in the relative importance of criterions related to
cost, time, and performance parameters
•Budget-Cost
•Schedule-Time
•Performance-Scope
Managing the Priorities of Project Trade-offs - Answers Constrain: original parameter is a fixed
requirement.
, Enhance: optimizing a criterion over others
Accept: reducing (or not meeting) a criterion requirement
Project management trade offs - Answers Scope - cost - time = quality
Project Priority Matrix - Answers Constraint- performance, enhance- time, accept- cost
Work Breakdown Structure (WBS) - Answers -A hierarchical outline (map) that identifies the
products and work elements involved in a project
-Defines the relationship of the final deliverable
(the project) to its subdeliverables, and in turn,
their relationships to work packages.
-Best suited for design and build projects that have tangible outcomes rather than process-
oriented projects
Hierarchical Breakdown of the WBS - Answers project, deliverable, subdeliverable, lowest
subdeliverable, cost account, work package
How WBS Helps the Project Manager - Answers -Facilitates evaluation of cost, time, and
technical performance of the organization on a project.
-Provides management with information appropriate to each organizational level.
-Helps in the development of the organization breakdown structure (OBS), which assigns project
responsibilities to organizational units and individuals
-Helps manage plan, schedule, and budget.
-Defines communication channels and assists in coordinating the various project elements.
Work Package - Answers A work package is the lowest level of the WBS.
-It is output-oriented in that it:
1.Defines work (what).
