Effective project management focuses on the four P’s. What are those four P’s? a. People, performance, payment, product b. People, product, process, project c. People, product, performance, project d. All of the above.

Effective project management focuses on the four P’s. What are those 

four P’s?

a. People, performance, payment, product

b. People, product, process, project

c. People, product, performance, project

d. All of the above.
by

1 Answer

Answer :

b. People, product, process, project
by

Related questions

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 costs within budget b) Delivering the software to the customer at the agreed time c) Maintaining a happy and well-functioning development team d) Avoiding customer complaints

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

Last Answer : d) Avoiding customer complaints

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 about eliminating risk. c. Project risk is an uncertain event that, even if it occurs, has no effect on project objectives. d. There are no risk-free projects. e. Risk management involves identification, evaluation, and elevation of risk

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.

Project Management focuses on _____ goals.(A) targeted (B) long-term (C) tangible (D) intangible

Description : Project Management focuses on _____ goals. (A) targeted (B) long-term (C) tangible (D) intangible

Last Answer : (A) targeted

Fill in the blank. During the _________ of a project, the project manager focuses on developing the project infrastructure needed to execute the project and developing clarity around the project charter and scope. Select one: a. completion b. start-up c. execution d. evaluation e. selection

Description : Fill in the blank. During the _________ of a project, the project manager focuses on  developing the project infrastructure needed to execute the project and developing  clarity around the project charter and scope. ... one: a. completion b. start-up c. execution d. evaluation e. selection

Last Answer : b. start-up

Fill in the blank. During the _________ of a project, the project manager focuses on developing the project infrastructure needed to execute the project and developing clarity around the project charter and scope. Select one: a. completion b. start-up c. execution d. evaluation e. selection

Description : Fill in the blank. During the _________ of a project, the project manager  focuses on developing the project infrastructure needed to execute the  project and developing clarity around the project charter and scope. ... one: a. completion b. start-up c. execution d. evaluation e. selection

Last Answer : b. start-up

study focuses on answering the essential questions such as; should we proceed with the proposed project idea? What are the benefits and drawbacks of the proposed project idea?

Description : study focuses on answering the essential questions such as; should we proceed with the proposed project idea? What are the benefits and drawbacks of the proposed project  idea?

Last Answer : Ans. Pre-feasibility

According to Olivier Mesly, the 4 P’s critical for the success of a project are: (A) plan, processes, people, policy (B) plan, processes, people, power (C) plan, processes, potential, policy (D) plan, processes, potential, power

Description : According to Olivier Mesly, the 4 P’s critical for the success of a project are: (A) plan, processes, people, policy (B) plan, processes, people, power (C) plan, processes, potential, policy (D) plan, processes, potential, power

Last Answer : (B) plan, processes, people, power

Portfolio Management focuses on _____ goals. (A) targeted (B) long-term (C) tangible (D) intangible

Description : Portfolio Management focuses on _____ goals. (A) targeted (B) long-term (C) tangible (D) intangible

Last Answer : (B) long-term

During the planning development process, at times it is necessary to make certain assumptions to enhance the project plan when the data is not available. In regard to making those assumptions, which one of the following is most true for project planning purposes? 1. The assumptions will be considered as true, real, or certain. 2. By making the assumption, it tends to reduce the project risk. 3. Project assumptions are based upon historical data used for the project. 4. Senior management predefines the budget constraints.

Description : During the planning development process, at times it is necessary to make certain assumptions to enhance the project plan when the data is not available. In regard to making those assumptions, ... upon historical data used for the project.  4. Senior management predefines the budget constraints.

Last Answer : 1. The assumptions will be considered as true, real, or certain.

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. An approach that combines the schedule and cost baseline into a project performance and progress measurement tool. C. An approach that combines the scope and cost baseline into a project performance and progress measurement tool.

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.

Earned value management integrates scope, cost, and schedule measures to: A. assess project performance and progress. B. develop a preliminary budget. C. assess communication effectiveness among project team members. D. assess whether all requirements were met.

Description : Earned value management integrates scope, cost, and schedule measures to:  A. assess project performance and progress.  B. develop a preliminary budget. C. assess communication effectiveness among project team members. D. assess whether all requirements were met.

Last Answer : A. assess project performance and progress.

Which one of the following is a valid project Key Performance Indicator (KPI)? a. Staff appraisals. b. Management buy in. c. Milestone achievement.

Description : Which one of the following is a valid project Key Performance Indicator (KPI)?  a. Staff appraisals.  b. Management buy in.  c. Milestone achievement.

Last Answer : c. Milestone achievement.

)The process control charts are used: 1. to graph what typically focuses on the prevention of a problem 2. to detect the problem 3. to reject the problem 4. to determine the acceptability of the same

Description : )The process control charts are used: 1. to graph what typically focuses on the prevention of a problem  2. to detect the problem  3. to reject the problem  4. to determine the acceptability of the same

Last Answer : 1. to graph what typically focuses on the prevention of a problem

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. It advocates employing a consultancy firm which specializes in managing change. c. It recommends using only highly skilled people in the project team. d. It ensures that the chief executive is accountable for the achievement of the defined benefits.

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.

Project Human Resource Management ensures that the most appropriate manpower with necessary skills is deployed for effective execution of the desired project. (True/False)

Description : Project Human Resource Management ensures that the most appropriate manpower with necessary skills is deployed for effective execution of the desired project. (True/False)

Last Answer : Ans. True

A prerequisite of effective time management is: 1. Knowing the dictated project completion date 2. Having the most advanced software package for project planning, scheduling and control 3. Having a good project WBS which identifies the major project deliverables and tasks, and the person responsible for each of them 4. Having a well staffed scheduling department

Description : A prerequisite of effective time management is:  1. Knowing the dictated project completion date  2. Having the most advanced software package for project planning, scheduling and control  3. ... and the  person responsible for each of them  4. Having a well staffed scheduling department

Last Answer : 1. Knowing the dictated project completion date

. The process that evaluates overall project performance to provide confidence is called: a. quality assurance. b. quality planning. c. quality control. d. quality audit.

Description : . The process that evaluates overall project performance to provide confidence is called: a. quality assurance. b. quality planning. c. quality control. d. quality audit.

Last Answer : a. quality assurance.

In tracking, reporting and controlling, the process engage whether the project results are in accordance with a. project plans b. performance specification c. both a, b d. none of the above

Description : In tracking, reporting and controlling, the process engage whether the project results are in accordance with a. project plans b. performance specification c. both a, b d. none of the above

Last Answer : c. both a, b

The process that evaluates overall project performance to provide confidence is called: a. quality assurance. b. quality planning. c. quality controld. quality audit..

Description : The process that evaluates overall project performance to provide confidence is called:  a. quality assurance.  b. quality planning.  c. quality control. d. quality audit.

Last Answer : a. quality assurance.

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. allocate risk management response activities to project personnel. d. allocate work packages to those responsible for project work.

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.

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. allocate risk management response activities to project personnel. d. allocate work packages to those responsible for project work.

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.  ... 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.

How many PM knowledge areas are defined by Project Management Institute (PMI) A. Six B. Four C. Eight D. Ten (Ans.)

Description : How many PM knowledge areas are defined by Project Management Institute (PMI)  A. Six  B. Four  C. Eight  D. Ten (Ans.)

Last Answer : D. Ten (Ans.)

Which of the following is not considered as a risk in project management? a) Specification delays b) Product competition c) Testing d) Staff turnover

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

Which of the following is not considered as a risk in project management? a) Specification delays b) Product competition c) Testing d) Staff turnover

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

Which of the following is not considered as a risk in project management? a) Specification delays b) Product competition c) Testing d) Staff turnover

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

Which of the following is not considered as a risk in project management? a. Specification delays b. Product competition c. Testing d. Staff turnover

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

Your company has asked you to be the project manager for the product introduction of its new DeskTop Rock media system. You recently published the project scope statement. Which of the following is not contained in D. Project configuration management requirementsthe project scope statement? A. Constraints B. Project specifications C. Requested changes

Description : Your company has asked you to be the project manager for the product introduction  of its new DeskTop Rock media system. You recently published the project scope  statement. Which ... . Constraints  B. Project specifications  C. Requested changes D. Project configuration management requirements

Last Answer : C. Requested changes

Which one of the following statements best defines teamwork? a. People working collaboratively towards a common goal. b. Developing skills that will enhance project performance. c. Gathering the right people together to work on a project. d. Establishing vision and direction towards a common purpose.

Description : Which one of the following statements best defines teamwork? a. People working collaboratively towards a common goal. b. Developing skills that will enhance project performance. c. Gathering the ... together to work on a project. d. Establishing vision and direction towards a common purpose.

Last Answer : a. People working collaboratively towards a common goal.

Which one of the following statements best defines teamwork? a. People working collaboratively towards a common goal.b. Developing skills that will enhance project performance. c. Gathering the right people together to work on a project. d. Establishing vision and direction towards a common purpose

Description : Which one of the following statements best defines teamwork?  a. People working collaboratively towards a common goal .b. Developing skills that will enhance project performance.  c. Gathering the ... together to work on a project.  d. Establishing vision and direction towards a common purpose

Last Answer : a. People working collaboratively towards a common goal.

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

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

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. identify all the things that are threats or opportunities on a project. d. satisfy the organization’s project management process.

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.

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 analysis and status. c. A tool to ensure that a process is in place for capturing all issues. d. A tool to ensure that the issue management process is adhered to.

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.

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 sponsor has tight control of the project manager’s activity. c. document the outcomes of the planning process and provide the reference document for managing the project. d. document the outcome of the risk, change and configuration management processes.

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.

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 might occur on the project. c. identify and determine the responses to the project risks. d. identify and describe risks that have occurred on previous projects.

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.

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.

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.

Which of the following is the most important element ofA. Risk Management activities B. Quality Assurance activities C. Activity Resource requirements D. Budget Control activities Project Management Plan that is useful in HR Planning process:

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

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

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

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

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

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

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.

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 as input for the next process. Which of the following best identifies with the description of this concept? Select one: a. Project life cycle b. Plan-Do-Check-Act cycle c. Project phases d. PM processes e. HR process cycle

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

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

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

Project management consists of interacting processes namely ____, ____, process interactions, and ____ which are organised in groups.

Description : Project management consists of interacting processes namely ____, ____, process  interactions, and ____ which are organised in groups.

Last Answer : Ans. Project processes, process groups, customisation

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

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

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

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

The methods and regulation used to define goals, plan and monitor tasks and resources, identify and resolve issues, and control costs and budgets for a specific project is known as … a. project management. b. Process Management c. Process d. Activities

Description : The methods and regulation used to define goals, plan and monitor tasks and resources, identify and resolve issues, and control costs and budgets for a specific project is known as … a. project management. b. Process Management c. Process d. Activities

Last Answer : a. project management.

Project management is the process of planning and controlling the development of a system within a specified time frame at a minimum cost with the right functionality. Ans: True

Description : Project management is the process of planning and controlling the development of a  system within a specified time frame at a minimum cost with the right functionality.  Ans: True

Last Answer : Ans: True

_____ is the process of planning and controlling the development of a system within a specified time frame at a minimum cost with the right functionality. a. Project management b. Symantic timeline c. Task identification d. Time estimation e. Work plan

Description : _____ is the process of planning and controlling the development of a system within a  specified time frame at a minimum cost with the right functionality.  a. Project management  b. Symantic timeline  c. Task identification  d. Time estimation  e. Work plan

Last Answer : a. Project management

The process of assessing the probability and consequences of identified risks to the project objectives, assigning a risk score to each risk, and creating a list of prioritized risks describes which of the following processes? A. Quantitative Risk Analysis B. Risk Identification C. Qualitative Risk Analysis D. Risk Management Planning

Description : The process of assessing the probability and consequences of identified risks to the project objectives, assigning a risk score to each risk, and creating a list of prioritized risks describes ... Risk Analysis B. Risk Identification C. Qualitative Risk Analysis D. Risk Management Planning

Last Answer : C. Qualitative Risk Analysis

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 requiremD. Budget Control activitiesents

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

The main aim of a project risk management process should be to: a. identifies project risks and then manage them appropriately. b. identify all project risks and transfer them immediately. c. identify all the things that are threats or opportunities on a project. d. satisfy the organisation’s project management process.

Description : The main aim of a project risk management process should be to:  a. identifies project risks and then manage them appropriately.  b. identify all project risks and transfer them immediately.  ... are threats or opportunities on a project.  d. satisfy the organisation's project management process.

Last Answer : a. identifies project risks and then manage them appropriately.