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 : 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 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. ... Management Plan is developed by the project manager and team and owned by the project manager.
Description : The ____ then submits the proposal to get it investigated on its viability, evaluation and selection
Last Answer : Ans. Client
Description : A ____ needs to possess excellent analytical and organizational skills to manage a project team
Last Answer : Ans. Project Manager
Description : In ____ style, project manager shares his or her vision with the team but permits them to use their respective ideas to come up with a solution.
Last Answer : Ans. Authoritative
Description : Subsequent to preparing ____, the team plans the project schedule and budget
Last Answer : Ans. Work Breakdown Structure
Description : A project charter does not include ____ of the project. (A) scope (B) objectives (C) team (D) all above are included
Last Answer : (D) all above are included
Description : What is the most critical aspect in developing a project plan that meets project specifications within the timeframe and at the lowest costs? Select one: a. Assessing risk management b ... business partners e. Developing a project execution plan that matches the complexity level of the project
Last Answer : e. Developing a project execution plan that matches the complexity level of the project
Description : Jack is in charge of a project team. Due to an unexpected project change, some issues with the project have come up. Two key team members, Samantha and Felix, are arguing their ... concerns through conflict resolution. e. Delay this issue for now until it becomes a significant conflict.
Last Answer : a. Confront the problem early, and invite both Samantha and Felix to private meetings.
Description : The main product is……….. a. project proposal b. Problem Identification c. Problem Definition d. Project Planning
Last Answer : a. project proposal
Description : Which of the following does not affect cash flows from a proposal: A. Salvage value B. Depreciation amount C. Tax rate change D. Method of project financing
Last Answer : D. Method of project financing
Description : The probability of completing the project can be estimated based upon the ____ . (A) Uniform distribution curve (B) Normal distribution curve. (C) U-shaped distribution curve (D) None of the above
Last Answer : (B) Normal distribution curve.
Description : Which statement best describes a responsibility of the project manager: a. to be the sole source of expertise for estimating techniques on cost and time. b. to deliver the project objectives to ... benefits. d. to delegate all accountability for managing time, cost and quality to team leaders.
Last Answer : b. to deliver the project objectives to enable benefits to be realised.
Description : Which of the following does NOT generate changes to the Project documents: A. Define Activities B. Sequence Activities C. Estimate Activity Resources D. Estimate Activity Durations
Last Answer : A. Define Activities
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 : 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 : The Scope Management Plan is included in which of the following documents. 1. Project Plan 2. The Work Breakdown Structure 3. The Scope Statement 4. Project Specifications
Last Answer : 3. The Scope Statement
Description : ) One of the initial project documents, issued by senior management, which outlines the authority of the project manager, is called Project charter. As a seller, what other document can be used in this place: 1. Work breakdown structure 2. Project scope 3. Contract 4. Internal memo
Last Answer : 3. Contract
Description : Most of the project manager's external communication links consist of: 1. Written documents 2. Oral communication 3. Tactile contact 4. Informal contact
Last Answer : 1. Written documents
Description : In a ____, the employees work for different projects in a team-like structure.
Last Answer : Ans. Project-type organisational structure
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 statements is true? a. The business case is owned by the sponsor and is created during the concept phase of the project life cycle. b. The business case is ... is owned by the project manager and is created during the definition phase of the project life cycle.
Last Answer : a. The business case is owned by the sponsor and is created during the concept phase of the project life cycle.
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
Description : The business case and the justification for the project is determined during the _____ phase. (A) initiation (B) planning (C) execution (D) closure
Last Answer : (A) initiation
Description : Approximately what percentage of the project manager's time is spent in some form of communication, such as: conferences, meetings, writing memos, reading and preparing reports, and talking with project team members, upper ... other stalk holders? 1. 10-20% 2. 50-70% 3. 75-90% 4. 21-45%
Last Answer : 3. 75-90%
Description : Assume that a firm has accurately calculated the net cash flows relating to two mutua lly exclusive investment proposals. If the net present value of both proposals exceed zero and the firm is ... maximize shareholder wealth and, since the projects are mutually exclusive, we can only take one
Last Answer : D. accept the proposal that has the largest NPV since the goal of the firm is to maximize shareholder wealth and, since the projects are mutually exclusive, we can only take one
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 : 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 : In the matrix-type organisation, ____ provide the resources needed and the ____ is responsible for the project results.
Last Answer : Ans. The functional managers, project manager
Description : ____ is the most common type of project organisation.
Last Answer : Ans. Matrix-type organisation
Description : ____ is a significant facet of project management.
Last Answer : Ans. Project planning
Description : If all the steps of project planning are performed successfully, ____ and planning become effective and the ideal outcomes are achieved.
Last Answer : Ans. Scoping
Description : Project planning involves three processes:____ review, and __
Last Answer : Ans. Identification, analysis
Description : The ____ of project closeout the assessment is to document the best practices and lessons learned for use on future projects.
Last Answer : Ans. Primary purpose
Description : ____ is where most of the resources are applied/expended on the project.
Last Answer : Ans. Project execution and control
Description : In the ____ stage, of project identification the project ideas generated above are screened and a preliminary exercise is conducted to weed out the bad or unviable ideas.
Last Answer : Ans. Screening
Description : Various choices of ____ that are available for constructing and developing the project should be examined.
Last Answer : Ans. Techniques
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 : ____ of a project should be clearly defined, measurable, and achievable.
Last Answer : Ans. Objectives
Description : Project process is classified into ____ and ____ process.
Last Answer : Ans. Project management, product-oriented
Description : Project management consists of interacting processes namely ____, ____, process interactions, and ____ which are organised in groups.
Last Answer : Ans. Project processes, process groups, customisation
Description : Life cycle of a project manager ____ with the development life cycle.
Last Answer : Ans. Overlaps
Description : The ____ manages the four basic elements of a project: resources, time, money, and scope
Description : In the ____ phase of the project life cycle the work gains momentum.
Last Answer : Ans. Quick Momentum
Description : A ____ of activities that are used to achieve the project’s goals or objectives is known as the project life cycle.
Last Answer : Ans. Rational order
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.
Last Answer : d. Application of processes and methods throughout the project life cycle.