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 : Project management is a rationally planned and organised effort to achieve a specific goal. (True/False)
Last Answer : Ans. True
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 : 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 : 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
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 ... managing the project. d. document the outcome of the risk, change and configuration management processes.
Description : Project planning involves three processes:____ review, and __
Last Answer : Ans. Identification, analysis
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 : 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
Description : . Integrity in the project management field is accomplished through all of the following except which one? A. Training to learn how to manage relationships with others from different ... C. Applying established project management processes D. Following the PMP Code of Professional Conduct
Last Answer : A. Training to learn how to manage relationships with others from different cultures
Description : What are the 5 major processes of project management? A. Closing, Executing, Planning, Monitoring and Controlling, Initiating (Ans.) B. Starting, Closing, Managing, Planning, ... Finishing, Monitoring and Controlling, Executing, Planning D. Starting, Finishing, Executing, Managing, Closing
Last Answer : A. Closing, Executing, Planning, Monitoring and Controlling, Initiating (Ans.)
Description : Which one of the following best describes project management? a. Using APM's Body of Knowledge 6th edition as a guide to all projects. b. Employing a project manager who has undertaken ... on a project full time. d. Application of processes and methods throughout the project life cycle.
Last Answer : d. Application of processes and methods throughout the project life cycle.
Description : Political unrest, budget overruns, size and complexity of the project Answer: B (8)Decision trees are best used for : 1. Determining the interaction of the amount at stake and the expected ... and the associated events 4. A flow chart which determines the standard deviation of the risk event
Last Answer : 3. An illustration of how to see the interactions between decisions and the associated events
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
Description : In large organisations, project management shall be of line type function where the project manager shall have ____ and has total formal control over the division he or she heads
Last Answer : Ans. Full line authority
Description : ____ is a significant facet of project management.
Last Answer : Ans. Project planning
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
Description : Which of the following is true about a project manager? Select one: a. Project managers analyze work processes and explore opportunities to make improvements. b. Project managers are focused ... . d. Project managers are goal oriented. e. Project managers standardize the work processes.
Last Answer : d. Project managers are goal oriented.
Description : While assessing your project processes, you have identified some uncontrolled process variations. Which of the following would be the appropriate chart you may use for this purpose? Select one: a. Pareto diagram b. PERT chart c. Control chart d. HR personnel chart e. Critical path
Last Answer : c. Control chart
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)
Description : Which of the following processes are performed in the Closing process group and in what order? A. Contract Closure and then Close Project B. Scope Verification and then Close Project C. Contract Closure and then Scope Verification D. Close Project and then Contract Closure
Last Answer : A. Contract Closure and then Close Project
Description : According to the PMBOK Guide, the project manager is identified and assigned during which process? A. Prior to beginning the Develop Project Charter process B. At the conclusion of the ... . Prior to beginning the Planning processes D. Prior to beginning the Preliminary Scope Statement process
Last Answer : C. Prior to beginning the Planning processes
Description : Which of the following is true regarding the project scope statement? A. The project scope statement includes a change control system that describes how to make changes to the ... reliability of the project scope and describes the process for verifying and accepting completed deliverables.
Last Answer : B. The project scope further elaborates the Initiating processes and serves as a basis for future project decisions.
Description : Each of the following statements is true regarding the risk management plan except for which one? A. The risk management plan is an output of the Risk Management Planning process. B. The risk ... and budgets. D. The risk management plan is an input to all the remaining risk-planning processes.
Last Answer : B. The risk management plan includes a description of the responses to risks and triggers.
Description : ____ is a continuous and repetitive process involving screening, documentation, validation, ranking and approval of viable project ideas for an organization.
Last Answer : Ans. Project identification
Description : Project process is classified into ____ and ____ process.
Last Answer : Ans. Project management, product-oriented
Description : Evaluation process of proposed projects or groups of projects is known as: A. Project Analysis B. Project Compilation C. Project selection D. Project Documentation
Last Answer : C. Project selection
Description : Projects management is divided in _____ process groups. (A) 5 (B) 7 (C) 9 (D) 11
Last Answer : (A) 5
Description : Which one of the following best describes project management? a. Using APM's Body of Knowledge 6th edition as a guide to all projects. b. Employing a project manager who has undertaken similar ... on a project full time. d. Application of processes and methods throughout the project life cycle.
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 : Contract documentation is an input to both the Close Project and Contract Closure processes. Contract documentation might include all of the following except for which one? A. Supporting documents B. Contract changes C. Financial documents D. Procurement audit documents
Last Answer : D. Procurement audit documents
Description : Monte Carlo analysis can help predict the impact of risks on project deliverables. This is an element of one of the tools and techniques of which of the following processes? A. Risk Response Planning B. Quantitative Risk Analysis C. Risk Identification D. Qualitative Risk Analysis
Last Answer : B. Quantitative Risk Analysis
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
Description : Project performance consists of (A) Time (B) Cost (C) Quality (D) All of the above
Last Answer : (C) Quality
Description : The project life cycle consists of (A) Understanding the scope of the project (B) Objectives of the project (C) Formulation and planning various activities (D) All of the above
Last Answer : (D) All of the above
Description : Project performance consists of (A)Time (B)Cost (C)Quality (D)All of the above
Last Answer : (D)All of the above
Description : The project life cycle consists of (A)Understanding the scope of the project (B)Objectives of the project (C)Formulation and planning various activities (D)All of the above
Description : What is a project phase? A. A collection of logically related project activities that culminate in the completion of one or more deliverables (Ans.) B. A singular activity that completes a ... that has very similar parts D. A consistent period of time that is used throughout a project
Last Answer : A. A collection of logically related project activities that culminate in the completion of one or more deliverables (Ans.)
Description : The project life cycle consists of A. Understanding the scope of the project B. Objectives of the project C. Formulation and planning various activities D. All of the above
Last Answer : D. All of the above
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 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 : 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 : 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 : 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 : 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 : 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 : 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 : 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 : 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.
Last Answer : b. People, product, process, project