Description : Which one of the following statements best describes the use of an issue log? a. A summary of all possible alternative resolutions of an issue. b. A summary of all the project issues, their ... for capturing all issues. d. A tool to ensure that the issue management process is adhered to.
Last Answer : b. A summary of all the project issues, their analysis and status.
Description : What is a cash flow table in project management? A. A table portraying inflow of cash in a project B. A table portraying outgoing expenses of a project C. It is the tool that is used ... inflows and outflows down, usually on a monthly basis D. A table portraying debts taken for a project
Last Answer : C. It is the tool that is used to study such cash flows by breaking inflows and outflows down, usually on a monthly basis
Description : What is the definition of Earned Value Management? A. An approach that combines the scope, schedule, and cost baseline into a project performance and progress measurement tool. B. ... approach that combines the scope and cost baseline into a project performance and progress measurement tool.
Last Answer : A. An approach that combines the scope, schedule, and cost baseline into a project performance and progress measurement tool.
Description : Tool used for comparison of the proposed project to complete projects of a similar nature whose costs are known. (A) Algorithmic model (B) Expert judgment (C) Top down (D) Analogy
Last Answer : (D) Analogy
Description : Tool used for comparison of the proposed project to complete projects of a similar nature whose costs are known. (A)Algorithmic model (B)Expert judgment (C)Top down (D)Analogy
Last Answer : (D)Analogy
Description : CASE tool is a popular graphic depiction of the work plan that lists project tasks along a y-axis, time along an x-axis, and uses shaded boxes to represent tasks.
Last Answer : Ans: False
Description : The network diagram is the best tool for demonstrating: A. Schedule variances B. Resource requirements C. The sequence of project activities D. Schedule performance over time
Last Answer : C. The sequence of project activities
Description : Following is (are) the tool(s) for changing a process (A)Change Management System (CMS) (B)Configuration Management (CM) (C)Both (A) and (B) (D)None of the above
Last Answer : (C)Both (A) and (B)
Description : Which of the following is not a Requirement Management workbench tool? a) RTM b) DOORS c) Rational Suite d) RDD 100
Last Answer : c) Rational Suite
Description : Which of the following statements about flowcharts is true? Select one: a. Most flowcharts use one width of column to represent a category, while the vertical axis represents the ... used to identify trends. e. Flowcharting is useful for communicating responsibility for work processes.
Last Answer : e. Flowcharting is useful for communicating responsibility for work processes.
Description : Following are the phases of Project Management Life Cycle. Arrange them in correct order 1. Design, 2. Marketing, 3. Analysis and evaluation, 4. Inspection, testing and delivery (A) 3-2-1-4 (B) 1-2-3-4 (C) 2-3-1-4 (D) 4-3-2-1
Last Answer : (A) 3-2-1-4
Description : A ____ is a set of activities which are networked in an order and aimed towards achieving the goals of a project. (A) Project (B) Process (C) Project management (D) Project cycle
Last Answer : (A) Project
Description : Which one of the following is true for the Project Management Plan (PMP)? a. The Project Management Plan is developed by the project manager and team and owned by the sponsor. b. A ... The Project Management Plan is developed by the project manager and team and owned by the project manager.
Last Answer : d. The Project Management Plan is developed by the project manager and team and owned by the project manager.
Description : Which one of the following best defines a benefit? a. A positive result of stakeholder management. b. The successful management of a project. c. An improvement resulting from project deliverables. d. The successful delivery of project reports and updates.
Last Answer : c. An improvement resulting from project deliverables.
Description : Configuration management is best described as: a. control in the implementation of changes to project schedules. b. an organization to review proposed changes to the project deliverables ... and documentation. d. creation, maintenance and controlled change of the project deliverables.
Last Answer : d. creation, maintenance and controlled change of the project deliverables.
Description : The main aim of a project risk management process should be to: a. identify project risks and then manage them appropriately. b. identify all project risks and transfer them immediately. c ... are threats or opportunities on a project. d. satisfy the organization's project management process.
Last Answer : a. identify project risks and then manage them appropriately.
Description : Which one of the following illustrates why effective project management is beneficial to an organization? a. It utilizes resources as and when required under direction of a project manager. b. ... d. It ensures that the chief executive is accountable for the achievement of the defined benefits.
Last Answer : a. It utilizes resources as and when required under direction of a project manager.
Description : The main purpose of the Project Management Plan is to: a. provide justification for undertaking the project in terms of evaluating the benefit, cost and risk of alternative options. b. ensure ... the project. d. document the outcome of the risk, change and configuration management processes.
Last Answer : c. document the outcomes of the planning process and provide the reference document for managing the project.
Description : Which one of the following best describes project success criteria? a. Actively seeking some senior management support. b. Measures by which the success of the project is judged. c. Achievement of milestones. d. A motivated project team.
Last Answer : b. Measures by which the success of the project is judged.
Description : A Responsibility Assignment Matrix (RAM) can be used to: a. define the terms of reference of the project manager. b. define the limits of the project sponsor's responsibilities. c ... response activities to project personnel. d. allocate work packages to those responsible for project work.
Last Answer : d. allocate work packages to those responsible for project work.
Description : The justification for the investment to be made in a project is documented in the: a. Cost Breakdown Structure. b. procurement strategy. c. business case. d. Project Management Plan.
Last Answer : c. business case.
Description : Which one of the following does project change control primarily seek to ensure? a. All variance to the project scope is evaluated. b. No reduction in the perceived quality of the project outcome. ... project do not increase. d. Any decrease in the scoped deliverable of the project is rejected.
Last Answer : a. All variance to the project scope is evaluated.
Description : The main outcome of risk identification, in a risk management process, is to: a. identify and determine the relative importance of the project risks. b. identify and describe all risks that ... responses to the project risks. d. identify and describe risks that have occurred on previous projects.
Last Answer : b. identify and describe all risks that might occur on the project.
Description : . In project management, the term quality is best defined as: a. inspection, testing and measurement. b. reviews and audits. c. fitness for purpose of deliverables. d. professionally-bound project reports.
Last Answer : c. fitness for purpose of deliverables.
Description : Who owns the Project Management Plan (PMP)? a. The project team. b. The chief executive. c. The project manager. d. The project support office.
Last Answer : c. The project manager.
Description : Which one of the following is a valid project Key Performance Indicator (KPI)? a. Staff appraisals. b. Management buy in. c. Milestone achievement. d. Master schedule.
Last Answer : c. Milestone achievement.
Description : Which one of the following is least likely to be a success criteria? a. A target for the project to receive zero change requests. b. The date by which the project is to be completed. c. Delivery of products that meet required specifications. d. The awarding of bonuses to senior management.
Last Answer : d. The awarding of bonuses to senior management.
Description : Scheduling can best be defined as the process used to determine: a. overall project duration. b. project cost estimating. c. the project management plan. d. sub-contractor’s responsibilities.
Last Answer : a. overall project duration.
Description : Project risk management is best described as: a. managing responses to threats. b. identifying and acknowledging threats and opportunities. c. planning responses to threats. d. minimising threats and maximising opportunities.
Last Answer : d. minimising threats and maximising opportunities.
Description : A communication management plan identifies the relevant information that should be communicated to: a. the project team. b. the project stakeholders. c. the project board. d. the project sponsor.
Last Answer : b. the project stakeholders.
Description : Alice is a Project Manager. She is coordinating a bidder conference to allow vendors to get clarification on the work that needs to be performed. Which phase of Project Management is in progress. A. Conduct Procurements B. Plan Procurements C. Control Procurements D. Close Procurements
Last Answer : A. Conduct Procurements
Description : Andrew has joined as the Project Manager of a project. One of the project documents available to Andrew lists down all the risks in a hierarchical fashion. What is this document called? a. Risk Management Plan. b. List of risks. c. Monte Carlo diagram. d. Risk Breakdown Structure.
Last Answer : d. Risk Breakdown Structure.
Description : Which of the following is the most important element of Project Management Plan that is useful in HR Planning process: A. Risk Management activities B. Quality Assurance activities C. Activity Resource requirements D. Budget Control activities
Last Answer : C. Activity Resource requirements
Description : A Project with a total funding of $100,000 finished with a BAC value of $95,000. What term can BEST describe the difference of $5,000? A. Cost Variance B. Management Overhead C. Management Contingency Reserve D. Schedule Variance
Last Answer : C. Management Contingency Reserve
Description : The process each manager follows during the life of a project is known as a) Project Management b) Manager life cycle c) Project Management Life Cycle d) All of the mentioned
Last Answer : c) Project Management Life Cycle
Description : Which of the following is not considered as a risk in project management? a) Specification delays b) Product competition c) Testing d) Staff turnover
Last Answer : c) Testing
Description : Which of the following is not project management goal? a) Keeping overall costs within budget b) Delivering the software to the customer at the agreed time c) Maintaining a happy and well-functioning development team
Last Answer : d) Avoiding customer complaints
Description : Different activity of a project management is A. project planning B. project monitoring C. project control D. All of the above
Last Answer : B. project monitoring
Description : This set of Software Engineering Multiple Choice Questions & Answers (MCQs) focuses on Project Management . 1. Which of the following is not project management goal? a) Keeping overall ... agreed time c) Maintaining a happy and well-functioning development team d) Avoiding customer complaints
Description : Which of the following statements about risk is true? Select one: a. Project risk focuses on identifying, assessing, and eliminating the risks on the project. b. Risk management is all ... are no risk-free projects. e. Risk management involves identification, evaluation, and elevation of risk
Last Answer : d. There are no risk-free projects.
Description : Complete the following statement. The method of incorporating change into project planning and execution processes is called the: Select one: a. project logic diagram. b. change management process. c. milestone schedule d. critical path e. rough order of magnitude
Last Answer : b. change management process.
Description : Which of the following is true about management meetings? Select one: a. They are short meetings to develop a common understanding of what the short-term priorities are for the project. ... , tracking progress of existing plans, and making adjustments to plans in response to new information.
Last Answer : e. They are oriented toward developing plans, tracking progress of existing plans, and making adjustments to plans in response to new information.
Description : According to PMBOK, project management process groups are iterative, which was originally defined by Walter Shewhart and later modified by Edward Deming. Generally, one outcome from a previous process can serve ... -Do-Check-Act cycle c. Project phases d. PM processes e. HR process cycle
Last Answer : b. Plan-Do-Check-Act cycle
Description : What should be done by the project manager to ensure that all the work in the project is included? Select one: a. Create a contingency plan. b. Create a risk management plan. c. Create a WBS. d. Create a statement of work. e. Create a scope statement.
Last Answer : c. Create a WBS.
Description : According to the Project Management Institute (PMI), the scope statement should address all of the following issues EXCEPT: Select one: a. project constraints. b. project assumptions c. project ... d. code of conduct for the team members working on the project. e. project deliverables.
Last Answer : d. code of conduct for the team members working on the project.
Description : When a project manager starts to plan a new project budget, the cost of which project management process group is expected to be lowest? Select one: a. Initiating b. Executing c. Monitoring and controlling d. Closing e. Planning
Last Answer : d. Closing
Description : As a project manager, while Kathy was trying to categorize all potential risks for her new construction project M based on levels of probability and impact on the project, she identified a potential risk, ... b. Risk management plan c. Project management plan d. WBS e. Scope management plan
Last Answer : d. WBS