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)

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)
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1 Answer

Answer :

Ans. True
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What is considered to be the most useful skill for a project manager who works in a matrix environment in order to achieve project goals? Select one: a. Leadership skill b. Influencing c. Conflict management skill d. Time management e. Planning skill

Description : What is considered to be the most useful skill for a project manager  who works in a matrix environment in order to achieve project goals? Select one: a. Leadership skill b. Influencing c. Conflict management skill d. Time management e. Planning skill

Last Answer : b. Influencing

)A new project was initiated that involves new technology and subsequently has never been done before. What type of contract would to owner want to issue to reduce or eliminate as much risk as possible. 1. Firm fixed price 2. Cost plus fix fee 3. Cost plus incentive fee 4. Lump sum 5. A and D

Description : )A new project was initiated that involves new technology and subsequently has never been  done before. What type of contract would to owner want to issue to reduce or eliminate as much  risk as possible. 1. Firm ... 2. Cost plus fix fee  3. Cost plus incentive fee  4. Lump sum  5. A and D

Last Answer : 5. A and D

Which one of the following statements best defines the purpose of a Product Breakdown Structure (PBS)? a. To define the hierarchy of deliverables that are required to be produced on the project. b. To define how the products are produced by identifying derivations and dependencies. c. To establish the extent of work required prior to project commissioning and the handover. d. To identify the health and safety strategies and procedures to be used on the project

Description : Which one of the following statements best defines the purpose of a Product Breakdown Structure (PBS)? a. To define the hierarchy of deliverables that are required to be produced on the project. ... . d. To identify the health and safety strategies and procedures to be used on the project

Last Answer : a. To define the hierarchy of deliverables that are required to be produced on the project.

Which one of the following statements best defines the purpose of a Product Breakdown Structure(PBS)? a. To define the hierarchy of deliverables that are required to be produced on the project. b. To define how the products are produced by identifying derivations and dependencies. c. To establish the extent of work required prior to project commissioning and the handover. d. To identify the health and safety strategies and procedures to be used on the project.

Description : Which one of the following statements best defines the purpose of a Product Breakdown  Structure(PBS)?  a. To define the hierarchy of deliverables that are required to be produced on the project.  b. ... .  d. To identify the health and safety strategies and procedures to be used on the project.

Last Answer : a. To define the hierarchy of deliverables that are required to be produced on the project.

)Which form of power is the LEAST effective from the project manager's viewpoint in terms of influencing functional managers? 1. Formal power 2. Expert power 3. Penalty power 4. Referent power

Description : )Which form of power is the LEAST effective from the project manager's viewpoint in terms of influencing functional managers? 1. Formal power  2. Expert power  3. Penalty power  4. Referent power

Last Answer : 3. Penalty power

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

Which one of the following statements is true? a. Independ. Quality planning enables the project manager to manage the trade-off between customer expectations and budgetdent reviews and quality audits form part of quality assurance to ensure the project manager delivers on time and to budget. b. Quality assurance provides confidence to stakeholders that requirements for quality will be exceeded. c. Quality control verifies that the project deliverables conform to specification, are fit for purpose and meet stakeholder expectations.

Description : Which one of the following statements is true? a. Independent reviews and quality audits form part of quality assurance to ensure the project manager delivers on time and to budget. ... Quality planning enables the project manager to manage the trade-off between customer expectations  and budget

Last Answer : c. Quality control verifies that the project deliverables conform to specification, are fit for purpose and  meet stakeholder expectations.

Which one of the following statements is true? a. Independent reviews and quality audits form part of quality assurance to ensure the project manager delivers on time and to budget. b. Quality assurance provides confidence to stakeholders that requirements for quality will be exceeded. c. Quality control verifies that the project deliverables conform to specification, are fit for purpose and meet stakeholder expectations. d. Quality planning enables the project manager to manage the trade-off between customer expectations and budget.

Description : Which one of the following statements is true?  a. Independent reviews and quality audits form part of quality assurance to ensure the project  manager delivers on time and to budget. ... planning enables the project manager to manage the trade-off between customer  expectations and budget.

Last Answer : c. Quality control verifies that the project deliverables conform to specification, are fit for  purpose and meet stakeholder expectations.

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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Last Answer : Ans. True

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

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Last Answer : Ans. True

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

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Last Answer : a. quality assurance.

Fill in the blanks. It is during the ______________ phase that the decision should be made regarding whether the project should continue. During this phase, ____________ must be considered and weighed against the potential benefit of the project’s success. Select one: a. completion, cost b. closeout, resources c. execution, performance d. planning, timing e. initiation, risk

Description : Fill in the blanks. It is during the ______________ phase that the decision should be  made regarding whether the project should continue. During this phase, ____________  must be considered and weighed ... . closeout, resources c. execution, performance d. planning, timing e. initiation, risk

Last Answer : e. initiation, risk

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.

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.

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)

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Last Answer : Ans. True

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

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Last Answer : (D) All of the above

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 : 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

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 : 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

Once the project is approved and moves into the planning stage, what happens in the next phase of the project life cycle?Select one: a. Agreements for risk sharing need to be concluded. b. The total risk on the project typically reduces as activities are performed without loss. c. Risks must be weighed against the potential benefit of the project’s success in order to decide if the project should be chosen. d. Risks are identified with each major group of activities. e. A risk response plan can be used to identify increasing levels of detailed risk analysis

Description : Once the project is approved and moves into the planning stage, what  happens in the next phase of the project life cycle? Select one: a. Agreements for risk sharing need to be concluded. ... activities. e. A risk response plan can be used to identify increasing levels of detailed risk analysis

Last Answer : d. Risks are identified with each major group of activities.

When using a function point estimation worksheet, there are 14 factors that impact the complexity of a project. These factors include _____. a. data communications, time tradeoffs, and estimated effort b. end-user efficiency, data communications, and reusability c. performance and programming language d. reports printed and PCA e. x-rays, extensibility, and operational conversion

Description : When using a function point estimation worksheet, there are 14 factors that impact the complexity of a project. These factors include _____.  a. data communications, time tradeoffs, and ... programming language  d. reports printed and PCA  e. x-rays, extensibility, and operational conversion

Last Answer : b. end-user efficiency, data communications, and reusability

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 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 alternatd. document the outcome of the risk, change and configuration management processes.ive 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.

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.

Last Answer : c. document the outcomes of the planning process and provide the reference document for  managing the project.

Which one of the following is not considered in resourcea. Identifying resources. b. Influencing resources. c. Assigning resources to activities. d. Matching resources to the schedule. management?

Description : Which one of the following is not considered in resource management? a. Identifying resources. b. Influencing resources. c. Assigning resources to activities. d. Matching resources to the schedule.

Last Answer : b. Influencing resources.

Which one of the following is not considered in resource management? a. Identifying resources. b. Influencing resources. c. Assigning resources to activities. d. Matching resources to the schedule.

Description : Which one of the following is not considered in resource management?  a. Identifying resources.  b. Influencing resources.  c. Assigning resources to activities.  d. Matching resources to the schedule.

Last Answer : b. Influencing resources.

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

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.

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 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

A project with total budget cost of 30 crores is scheduled to be completed in 80 weeks. A periodic review was carried out at end of 60 weeks and results are as given: Budgeted cost of work performed (EV) = 17 crores Actual Cost of work performed (AC = 19 crores Budgeted cost of work scheduled (PV) = 21 croresWhat is the cost performance index? A.0.895 B.0.81 C.0.90 D.1.12

Description :  A project with total budget cost of 30 crores is scheduled to be completed in 80 weeks. A periodic review was carried out at end of 60 weeks and results are as given:  Budgeted cost of work performed (EV) = 17 ... crores What is the cost performance index?  A.0.895  B.0.81  C.0.90  D.1.12

Last Answer : A.0.895

Which risk is connected to the circumstance outside the project that may influence the scope of work and the performance of the organization? A.Operational Risk B.Financial Risk C.Strategic Risk D.Contextual Risk

Description : Which risk is connected to the circumstance outside the project that may influence the  scope of work and the performance of the organization?  A.Operational Risk  B.Financial Risk  C.Strategic Risk  D.Contextual Risk

Last Answer : D.Contextual Risk

Which one of the following statements best describes a project? a. A project is a set of tools and techniques often used when delivering organisational change. b. A project is the sum of activities needed to remove uncertainty from a unique piece of work. c. A unique transient endeavor undertaken to achieve a desired outcome. d. A project is a method of planning work.

Description : Which one of the following statements best describes a project? a. A project is a set of tools and techniques often used when delivering organisational change. b. A project is the sum of activities ... endeavor undertaken to achieve a desired outcome. d. A project is a method of planning work.

Last Answer : c. A unique transient endeavor undertaken to achieve a desired outcome.

Project management is the second major component of the planning phase of the systems development life cycle (SDLC), and it includes three steps: creating the work plan, staffing the project, and controlling and directing the project.

Description : Project management is the second major component of the planning phase of the  systems development life cycle (SDLC), and it includes three steps: creating the work  plan, staffing the project, and controlling and directing the project.

Last Answer : Ans: True

Ryan, a newly hired systems analyst/consultant, is about to begin a systems project. Where will Ryan look first to locate the identifiable tasks he will record in his work plan? a. call a friend at a competing firmb. his Systems Analysis text book from college c. the company training materials for the company methodology d. the project planning software available at the local bookstore e. the website of his old college professor

Description : Ryan, a newly hired systems analyst/consultant, is about to begin a systems project.  Where will Ryan look first to locate the identifiable tasks he will record in his work plan?  a. ... . the project planning software available at the local bookstore  e. the website of his old college professor

Last Answer : c. the company training materials for the company methodology

_____ 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

Which one of the following statements best describes a project? a. A project is a set of tools and techniques often used when delivering organisational change. b. A project is the sum of activities needed to remove uncertainty from a unique piece of work. c. A unique transient endeavour undertaken to achieve a desired outcome. d. A project is a method of planning work.

Description : Which one of the following statements best describes a project?  a. A project is a set of tools and techniques often used when delivering organisational change.  b. A project is the sum of ... endeavour undertaken to achieve a desired outcome.  d. A project is a method of planning work.

Last Answer : c. A unique transient endeavour undertaken to achieve a desired outcome.

The project closing process is essential to overall project planning. What is considered one of the most important steps in closing the project? 1. Insuring that plans are produced to implement the project by phases. 2. Issuing work orders so that financial data can be collected. 3. Transition the lease of equipment to the owner 4. Satisfying the contractual obligations

Description : The project closing process is essential to overall project planning. What is considered one of  the most important steps in closing the project? 1. Insuring that plans are produced to implement ... .  3. Transition the lease of equipment to the owner  4. Satisfying the contractual obligations

Last Answer : 4. Satisfying the contractual obligations

A project planning methodology is any structured approach used to guide the project team during development of the project plan. What is an example of this methodology? 1. Standard forms or templates. 2. Upper management involvement 3. Functional work authorizations4. Stakeholders skills

Description : A project planning methodology is any structured approach used to guide the project team  during development of the project plan. What is an example of this methodology? 1. Standard forms or templates.  2. Upper management involvement  3. Functional work authorizations 4. Stakeholders skills

Last Answer : 1. Standard forms or templates.

From HR perspective, the project manager's responsibility in the planning role includes: 1. Hiring the team 2. Developing work schedules3. Forecasting 4. Feedback sessions 5. Both b and c

Description : From HR perspective, the project manager's responsibility in the planning role includes: 1. Hiring the team  2. Developing work schedules 3. Forecasting  4. Feedback sessions  5. Both b and c

Last Answer : 5. Both b and c

How the project work will be carried out, monitored, and controlled? These questions are answered in which phase of the project management? (A) Initiating (B) Planning (C) Executing (D) Closing

Description : How the project work will be carried out, monitored, and controlled? These questions are  answered in which phase of the project management? (A) Initiating (B) Planning (C) Executing (D) Closing

Last Answer : (B) Planning

The scope of the work is defined in which phase of the project management? (A) Initiating (B) Planning (C) Executing (D) Closing

Description :  The scope of the work is defined in which phase of the project management? (A) Initiating (B) Planning (C) Executing (D) Closing

Last Answer : (A) Initiating

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 project scope. B. The project scope further elaborates the Initiating processes and serves as a basis for future project decisions. C. The project scope statement describes how the team will define and develop the work breakdown structure. D. The project scope statement assesses the reliability of the project scope and describes the process for verifying and accepting completed deliverables.

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.

. It is not wise to identify tasks for a current project using existing methodology, because methodologies that have been used by an organization for other projects probably will not work for this project without extensive changes.

Description : . It is not wise to identify tasks for a current project using existing methodology,  because methodologies that have been used by an organization for other projects probably will not work for this project without extensive changes.

Last Answer : Ans: False

To identify the tasks for a work plan the project manager can _____. a. control and direct the project b. estimate the size, staff the project, and remember technical skills c. establish a possible reporting structure d. list the four phases of the SDLC and the steps that occur in each e. set conservative numbers for the project software

Description : To identify the tasks for a work plan the project manager can _____.  a. control and direct the project  b. estimate the size, staff the project, and remember technical skills  c. establish a ... of the SDLC and the steps that occur in each  e. set conservative numbers for the project software

Last Answer : d. list the four phases of the SDLC and the steps that occur in each

A critical success factor for project management is to _____. a. create a work plan b. follow the three steps of project management c. identify most project tasks d. manage the hundreds of tasks

Description : A critical success factor for project management is to _____.  a. create a work plan  b. follow the three steps of project management  c. identify most project tasks  d. manage the hundreds of tasks

Last Answer : e. start with a realistic assessment of the work

During which stage of Risk planning are risks prioritized based on probability and impact? a. Identify Risks b. Plan Risk responses c. Perform Qualitative risk analysis d. Perform Quantitative risk analysis

Description : During which stage of Risk planning are risks prioritized based on probability and impact? a. Identify Risks b. Plan Risk responses c. Perform Qualitative risk analysis d. Perform Quantitative risk analysis

Last Answer : c. Perform Qualitative risk analysis

During which stage of Risk planning are risks prioritized based on probability and impact? a. Identify Risks b. Plan Risk responses c. Perform Qualitative risk analysis d. Perform Quantitative risk analysis

Description : During which stage of Risk planning are risks prioritized based on probability and impact? a. Identify Risks b. Plan Risk responses c. Perform Qualitative risk analysis d. Perform Quantitative risk analysis

Last Answer : c. Perform Qualitative risk analysis

SWOT analysis is a strategic planning technique used to identify strengths, weaknesses, opportunities, and (A) timing (B) tenure (C) totality (D) threats

Description : SWOT analysis is a strategic planning technique used to identify strengths, weaknesses,  opportunities, and (A) timing (B) tenure (C) totality (D) threats

Last Answer : (D) threats