Project Integration Management ensures that various elements of a project are properly integrated and coordinated for smooth flow of information and resources. (True/False)

Project Integration Management ensures that various elements of a project are properly 

integrated and coordinated for smooth flow of information and resources. (True/False)
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Ans. True
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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

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 management is the job of organising, coordinating, and controlling the various tasks and resources in order to successfully complete a project. (True/False

Description : Project management is the job of organising, coordinating, and controlling the various  tasks and resources in order to successfully complete a project. (True/False

Last Answer : Ans. True

You are a project manager for Cinema Snicker Productions. Your company specializes in producing comedy films for the big screen. Your latest project has just been cancelled because of budget cuts. Which of the following statements is true? A. This project ended due to starvation because the funding was cut off. B. This project ended due to integration because the resources were distributed elsewhere. C. This project ended due to starvation because the resources were distributed elsewhere. D. This project ended due to integration because the funding was cut off.

Description : You are a project manager for Cinema Snicker Productions. Your company  specializes in producing comedy films for the big screen. Your latest project has just been  cancelled because of budget cuts ... elsewhere. D. This project ended due to integration because the funding was cut off.

Last Answer : A. This project ended due to starvation because the funding was cut off.

The purpose of project planning is to identify various areas of the project work and the influencing factors, and subsequently define the boundaries of the project performance. (True/False)

Description : The purpose of project planning is to identify various areas of the project work and the  influencing factors, and subsequently define the boundaries of the project performance.  (True/False)

Last Answer : Ans. True

The project manager works with the project sponsor to identify the necessary resources and team members needed to further develop the key project parameters – Cost, Scope, Schedule, and Quality (CSSQ). (True/False)

Description : The project manager works with the project sponsor to identify the necessary resources  and team members needed to further develop the key project parameters – Cost, Scope,  Schedule, and Quality (CSSQ). (True/False)

Last Answer : Ans. True

Project leader role will require an individual with strong management skills. (True/False)

Description : Project leader role will require an individual with strong management skills. (True/False)

Last Answer : ns. True

The players in project management are the individuals and the organisations. (True/False)

Description : The players in project management are the individuals and the organisations.  (True/False)

Last Answer : Ans. True

The function of project initiation is to describe all the parameters of a project and establish the suitable project management and excellence environment necessary to complete the project. (True/False)

Description : The function of project initiation is to describe all the parameters of a project and  establish the suitable project management and excellence environment necessary to  complete the project. (True/False)

Last Answer : Ans. True

Project management provides the project managers and team members with the principles they require to effectively meet the needs of the customer. (True/False)

Description : Project management provides the project managers and team members with the  principles they require to effectively meet the needs of the customer. (True/False)

Last Answer : Ans. True

Project management is a rationally planned and organised effort to achieve a specific goal. (True/False)

Description : Project management is a rationally planned and organised effort to achieve a specific  goal. (True/False)

Last Answer : Ans. True

Requirements Management has a high initial start-up cost but does not need ongoing funding throughout a project. a) True b) False

Description : Requirements Management has a high initial start-up cost but  does not need ongoing funding throughout a project. a) True b) False

Last Answer : b) False

The ____ manages the four basic elements of a project: resources, time, money, and scope

Description : The ____ manages the four basic elements of a project: resources, time, money, and  scope

Last Answer : Ans. Project Manager

Boehm suggests an approach that addresses project objectives, milestones and schedules, responsibilities, management and technical approaches and required resources, This principle is called as . a. W3HH principle b. WHO principle c. W5HH principle d. None of the above.

Description : Boehm suggests an approach that addresses project objectives,  milestones and schedules, responsibilities, management and  technical approaches and required resources, This principle is  called as . a. W3HH principle b. WHO principle c. W5HH principle d. None of the above.

Last Answer : c. W5HH principle

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.

The decision to request an increase the resources for a project is the responsibility of the: 1. Functional manager 2. Project manager 3. Director of project management 4. Customer

Description : The decision to request an increase the resources for a project is the responsibility of the: 1. Functional manager  2. Project manager  3. Director of project management  4. Customer

Last Answer : 2. Project manager

Which of the following is true about management meetingc. They are purely fact-based meetings with a left-brain type focus. d. They have very little dialogue except to ask clarification questions. e. They are oriented toward developing plans, tracking progress of existing plans, and making adjustments to plans in response to new information.s? Select one: a. They are short meetings to develop a common understanding of what the short-term priorities are for the project. b. They focus on short-term activities, usually less than a week in duration.

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.

Determining the policies that are needed for the smooth execution of a project relates to which of the following agenda items of alignment sessions? Select one: a. Developing a common understanding of the project purpose b. Establishing trust among team members c. Engaging stakeholders in dialogue d. Developing role clarification on projects e. Agreeing on the means and methods for accomplishing the purpose

Description : Determining the policies that are needed for the smooth execution of a project  relates to which of the following agenda items of alignment sessions? Select one: a. Developing a common ... role clarification on projects e. Agreeing on the means and methods for accomplishing the purpose

Last Answer : d. Developing role clarification on projects

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 to study such cash flows by breaking inflows and outflows down, usually on a monthly basis D. A table portraying debts taken for a project

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

Daniel has just been assigned as the project manager. To motivate his team properly, Daniel’s first step is to award bonuses to team members

Description : Daniel has just been assigned as the project manager. To motivate his team properly,  Daniel’s first step is to award bonuses to team members

Last Answer : Ans: False

Which of the following statements is true about a software verification and validation program? I. It strives to ensure that quality is built into software. II. It provides management with insights into the state of a software project. III. It ensures that alpha, beta, and system tests are performed. IV. It is executed in parallel with software development activities. A. I, II&III B.II, III&IV C.I, II&IV D.I, III&IV

Description : Which of the following statements is true about a software verification and validation program? I. It strives to ensure that quality is built into software. II. It provides management with insights into the state ... software development activities. A. I, II&III B.II, III&IV C.I, II&IV D.I, III&IV

Last Answer : C.I, II&IV

The principal reason for developing a written audit program is to help assure that the a. Audit work is properly supervisedb. Audit report contains only significant findings. c. Audit work is properly planned and documented. d. Work of different auditors is properly coordinated.

Description : The principal reason for developing a written audit program is to help assure that the a. Audit work is properly supervised. b. Audit report contains only significant findings. c. Audit work is properly planned and documented. d. Work of different auditors is properly coordinated

Last Answer : Audit work is properly planned and documented

Lower CASE tools are used to create integrated diagrams of the system and store information about system components during the analysis phase.

Description : Lower CASE tools are used to create integrated diagrams of the system and store  information about system components during the analysis phase.

Last Answer : Ans: False

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.

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.

Following are the characteristics of Project Mindset. (A) Time, Responsiveness, Information sharing, Processes, structured planning (B) Time, Project management, Information sharing, Processes, structured planning (C) Time, Responsiveness, Information sharing, capability, structured planning (D) Time, Responsiveness, Information sharing, Processes, project planning

Description : Following are the characteristics of Project Mindset. (A) Time, Responsiveness, Information sharing, Processes, structured planning (B) Time, Project management, Information sharing, Processes ... , structured planning (D) Time, Responsiveness, Information sharing, Processes, project planning

Last Answer : (A) Time, Responsiveness, Information sharing, Processes, structured planning

A Communications Management Plan does the following: A. Coordinates an effort to communicate in meetings effectively B. Lays out a plan on how to communicate with your Project Sponsor and other organizations C. Lays out the approach and method for delivering information effectively and efficiently. D. Coordinates the communication between project leaders and uninterested project members

Description : A Communications Management Plan does the following:  A. Coordinates an effort to communicate in meetings effectively B. Lays out a plan on how to communicate with your Project ... and  efficiently. D. Coordinates the communication between project leaders and uninterested project  members

Last Answer : C. Lays out the approach and method for delivering information effectively and  efficiently.

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.

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.

A project management information system consists of: 1. A project management software package operating on appropriate computer facilities 2. Hardware, software, documents, and procedures 3. Automated and manual methods for gathering, recording, filtering, and dissemination of pertinent information for members of a project team 4. All of the above

Description : A project management information system consists of: 1. A project management software package operating on appropriate computer facilities  2. Hardware, software, documents, and procedures  3. Automated and ... of  pertinent information for members of a project team  4. All of the above

Last Answer : 4. All of the above

The project scope statement furnishes the basis for: 1. Provides links to the clients functional management groups 2. Allowing the project to move to the next phase. A way to provide updated information to the accounting department

Description : The project scope statement furnishes the basis for: 1. Provides links to the clients functional management groups  2. Allowing the project to move to the next phase . A way to provide updated information to the accounting department

Last Answer : 1. Provides links to the clients functional management groups

Which of the following statements is true? a. An independent auditor must be a CPA. b. Compliance audits are conducted to determine adherence to rules and regulations set by the auditor. c. An audit, if properly conducted, ensures that fraud is prevented. d. After conducting an audit and release of the auditor’s report, the primary responsibility on the fairness of the financial statements is shifted to the auditor

Description : Which of the following statements is true? a. An independent auditor must be a CPA. b. Compliance audits are conducted to determine adherence to rules and regulations set by the auditor. c. ... s report, the primary responsibility on the fairness of the financial statements is shifted to the auditor

Last Answer : An independent auditor must be a CPA.

WBS is produced by identifying the key elements, breaking each element down into component parts and continuing to breakdown until manageable work packages have been identified. (True/False)

Description : WBS is produced by identifying the key elements, breaking each element down into  component parts and continuing to breakdown until manageable work packages have been identified. (True/False)

Last Answer : Ans. True

Project managers have to assess the risks that may affect a project. a) True b) False

Description : Project managers have to assess the risks that may affect a project. a) True b) False

Last Answer : b) False

Project managers have to assess the risks that may affect a project. a) True b) False

Description : Project managers have to assess the risks that may affect a project. a) True b) False

Last Answer : b) False

The Project Leader is the person responsible for the overall project. (True/False)

Description : The Project Leader is the person responsible for the overall project. (True/False)

Last Answer : Ans. True

. A project leader or manager is expected to be completely accountable for his team members and meeting the team’s targets. (True/False)

Description : . A project leader or manager is expected to be completely accountable for his team  members and meeting the team’s targets. (True/False)

Last Answer : Ans. True

The entire process of a project may be considered to be made upon a number of sub- processes placed in different stages called the Work Breakdown Structure. (True/False)

Description : The entire process of a project may be considered to be made upon a number of sub- processes placed in different stages called the Work Breakdown Structure. (True/False)

Last Answer : Ans. True

The planning and scoping should be such that the project manager can assess every stage of the project and the quality of the deliverable of the project at every stage. (True/False)

Description : The planning and scoping should be such that the project manager can assess every  stage of the project and the quality of the deliverable of the project at every stage. (True/False)

Last Answer : Ans. True

The technical feasibility aspect of a project relates to the earning capacity of the project. (True/False)

Description : The technical feasibility aspect of a project relates to the earning capacity of the project.  (True/False)

Last Answer : Ans. False

Feasibility analysis is the first stage in the process of project development. (True/False)

Description : Feasibility analysis is the first stage in the process of project development. (True/False)

Last Answer : Ans. True

Scope, cost, and schedule are some of the parameters used for project negotiation. (True/False)

Description : Scope, cost, and schedule are some of the parameters used for project negotiation.  (True/False)

Last Answer : Ans. True

The most important problem faced in the implementation phase of a project is a delay in execution. (True/False)

Description : The most important problem faced in the implementation phase of a project is a delay  in execution. (True/False)

Last Answer : Ans. True

Project closure involves releasing the final product to the customer, handing over the project documentation, manuals, source code, and network layouts. (True/False)

Description : Project closure involves releasing the final product to the customer, handing over the  project documentation, manuals, source code, and network layouts. (True/False)

Last Answer : Ans. True

Project cycle is a collection of generally sequential project phases whose description and order of occurrence are determined by the control needs of the organisation or organisations involved in the project. (True/False)

Description : Project cycle is a collection of generally sequential project phases whose description and  order of occurrence are determined by the control needs of the organisation or  organisations involved in the project. (True/False)

Last Answer : Ans. True

It is often difficult to estimate size at an early stage in a project when only a specification is available a) True b) False

Description : It is often difficult to estimate size at an early stage in a project  when only a specification is available a) True b) False

Last Answer : a) True

The only deliverable work product for a successful project is the working program. a) True b) False

Description : The only deliverable work product for a successful project is the working program. a) True b) False

Last Answer : b) False

Project managers have to assess the risks that may affect a project. a. True b. False

Description : Project managers have to assess the risks that may affect a project. a. True b. False

Last Answer : b. False

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 draft of the Project Management Plan is developed by the sponsor at the same time as the business case. c. The Project Management Plan is developed by the sponsor and owned by the project manager. 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 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.

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 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