According to the Project Management Institute (PMI), project management is defined as “the application of knowledge, _____, _____, and techniques to project activities to meet the project requirements”. Select one: a. skills, analysis b. tools, analysis c. analysis, theories d. skills, tools e. skills, theories

According to the Project Management Institute (PMI), project 

management is defined as “the application of knowledge, _____, _____, and 

techniques to project activities to meet the project requirements”.

Select one:

a. skills, analysis

b. tools, analysis

c. analysis, theories

d. skills, tools

e. skills, theories
by

1 Answer

Answer :

d. skills, tools
by

Related questions

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Last Answer : d. code of conduct for the team members working on the project.

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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.)

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

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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

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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.

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Project management includes the tools, techniques, and essential to deal with the growth of products a. Knowledge b. Skill c. Attitude d. Confidence

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Which of the following items should not be includedb) Detailed schedules, budgets and resource allocations c) The life cycle model to be used d) The organisational structure of the development organisation, project responsibilities, managerial objectives and priorities e) None of the above. in the project management plan? a) The techniques and case tools to be used

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Last Answer : c) The life cycle model to be used

Quality control in the final analysis is : 1. using the technical procedures of monitoring project results to decide if the outputs meet the requirements 2. a production system 3. an inspection system 4. fitness for purpose

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Complete the following statement. As the project progresses into the execution phase: Select one: a. risks need to be checked off on activities that have been performed. b. the total risk on the project typically increases. c. risks are identified with each major group of activities. d. a risk response plan can be used to identify increasing levels of detailed risk analysis. e. the risk breakdown structure needs to be examined to be sure all the risk events have been avoided.

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Last Answer : a. risks need to be checked off on activities that have been performed.

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

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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:

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According to the PMBOK guide, which of the following statements is right in terms of using reserve analysis to determine a project budget? Select one: A. Reserve analysis always plans contingency reserves for unexpected project scope and project costs, which are part of your project budget. B. Reserves should not be included in the project budget. C. If you only have limited resources, you may completely ignore reserve analysis when you try to determine your project budget. D. Planning contingency reserves for a project is not practical. E. Contingency reserves have never been a concern when planning a project budget.

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Last Answer : A. Reserve analysis always plans contingency reserves for unexpected project scope and  project costs, which are part of your project budget.

Algorithmic cost estimation in different organisations may be different for the same application development, because a) Different organisations consider complexity factors differently b) Different organisations may use different programming languages c) Developers’ skills may vary d) Techniques for the measurement of productivity may vary e) All of the above may be true.

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Last Answer : e) All of the above may be true.

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.

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Last Answer : e. They are oriented toward developing plans, tracking progress of existing plans, and  making adjustments to plans in response to new information.

The most significant challenge to project managers is _____. a. lack of project management training b. no one really understands how to manage a complex systems development project c. the lack of tools that can assist in controlling project progress d. unrealistic schedule demands by project sponsors

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What is the most accurate method of obtaining project information that can reduce the amount of risk? 1. Observations on the current project 2. Determining the risk by using brainstorming techniques 3. The use of historical data from previous projects that were similar in nature 4. Sensitivity analysis 5. Delphi technique.

Description : What is the most accurate method of obtaining project information that can reduce the amount  of risk? 1. Observations on the current project  2. Determining the risk by using brainstorming ... from previous projects that were similar in nature  4. Sensitivity analysis  5. Delphi technique.

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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.

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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.

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

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

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The network diagram is the best tool for demonstrating: A. Schedule variancesB. Resource requirements C. The sequence of project activities D. Schedule performance over time

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Which of the following project baselines provides the basis for measurement of the expected cash flow against requirements over time and is often displayed as an S curve? Select one: a. Schedule baseline b. Cost performance baseline c. Scope baseline d. Plan baseline e. Initiation baseline

Description : Which of the following project baselines provides the basis for measurement of  the expected cash flow against requirements over time and is often displayed as an  S curve? Select one: a. Schedule baseline b. Cost performance baseline c. Scope baseline d. Plan baseline e. Initiation baseline

Last Answer : b. Cost performance baseline

The chain of the activities is based on ……………………. a. technical requirements b. not on management concern c. both a, b d. none of the above

Description : The chain of the activities is based on ……………………. a. technical requirements b. not on management concern c. both a, b d. none of the above

Last Answer : c. both a, b

The chain of the activities is based on technical requirements, not on management................................... a) True b) False

Description : The chain of the activities is based on technical requirements, not on management................................... a) True b) False

Last Answer : a) True

Adding people to a project team in order to speed up total development time _____. a. is a standard task in timeboxing b. is a useful way to meet a tight deadline c. may actually increase total development time d. simplifies communication within the team e. none of the above

Description : Adding people to a project team in order to speed up total development time _____.  a. is a standard task in timeboxing  b. is a useful way to meet a tight deadline  c. may actually increase total development time  d. simplifies communication within the team  e. none of the above

Last Answer : c. may actually increase total development time

Complete the following statement. As a project manager, Darrell is excited that he is assigned to be in charge of the most important project this year. After being chartered for the project, he analyses the information in the project charter and the stakeholder register to: Select one: a. decide how to draft a scope statement. b. start to define and develop the stakeholder needs and requirements c. prepare for the template to monitor project progress. d. estimate the entire project budget.

Description : Complete the following statement. As a project manager, Darrell is  excited that he is assigned to be in charge of the most important project  this year. After being chartered for the project, he ... c. prepare for the template to monitor project progress. d. estimate the entire project budget.

Last Answer : b. start to define and develop the stakeholder needs and requirements

Project crashing is the method for ------------- A. Shortening the project duration by reducing the time of one or more critical activities B.Adding resources at critical points C.Doing technical analysis of the finished work for review D.Adding duration to each activity

Description : Project crashing is the method for -------------  A. Shortening the project duration by reducing the time of one or more critical  activities  B.Adding resources at critical points  C.Doing technical analysis of the finished work for review  D.Adding duration to each activity

Last Answer : A. Shortening the project duration by reducing the time of one or more critical  activities

A(n) _ is a review of the quality plan, procedures, data collection, and analysis by an outside group. Select one: a. scope document b. project appraisal c. cost performance index d. analogous estimate e. quality audit

Description : A(n) _ is a review of the quality plan, procedures, data collection, and analysis by  an outside group. Select one: a. scope document b. project appraisal c. cost performance index d. analogous estimate e. quality audit

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Petri is working for Nokia in Finland. He has completed 10 months of his 12-month project, budgeted at $800,000. His earned value analysis shows that variance at completion is $75,000. What is the estimate at completion value for this project? Select one: a. 725,000 b. -725,000 c. -$875,000 d. $875,000 e. $800,000

Description : Petri is working for Nokia in Finland. He has completed 10 months of his 12-month project, budgeted at $800,000. His earned value analysis shows that variance at  completion is $75,000. What is the estimate at completion value ... : a. 725,000 b. -725,000 c. -$875,000 d. $875,000 e. $800,000

Last Answer : d. $875,000

Fill in the blank. The _____ is the difference between the additional money spent on prevention and the corresponding reduction in the cost of failure. Select one: a. cost-benefit analysis b. implicit cost c. cost of quality d. variable cost e. cost-utility analysis

Description : Fill in the blank. The _____ is the difference between the additional money spent on  prevention and the corresponding reduction in the cost of failure. Select one: a. cost-benefit analysis b. implicit cost c. cost of quality d. variable cost e. cost-utility analysis

Last Answer : c. cost of quality

Fill in the blank. A __ represents the sequence of the activities needed to complete the project. Select one: a. work break down structure b. scope of work c. project logic diagram d. run chart e. step change

Description : Fill in the blank. A __ represents the sequence of the activities needed to  complete the project. Select one: a. work break down structure b. scope of work c. project logic diagram d. run chart e. step change

Last Answer : c. project logic diagram

During a new project planning process to sequence activities, the project manager, Nate, decides to use the precedence diagraming method to show the identified activity dependencies. Which of the following logical relationships is Nate’s least favorite choice? Select one: a. Finish-to-start b. Start-to-finish c. Finish-to-finish d. Start-to-start e. All of these answers

Description :  During a new project planning process to sequence activities, the project  manager, Nate, decides to use the precedence diagraming method to show the  identified activity dependencies. Which of the following logical ... -finish c. Finish-to-finish d. Start-to-start e. All of these answers

Last Answer : b. Start-to-finish

Once the project is approved and moves into the planninb. 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 analysisg stage, what happens in the next phase of the project life cycle? Select one: a. Agreements for risk sharing need to be concluded.

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.

Ahmed is actively initiating a project, so he plans to invite all relevant internal and external stakeholders including sponsors, customers, project teams, etc. for a kick-off meeting. To ensure all of them are covered in the stakeholder register, which document is the most helpful for Ahmed to look at? Select one: a. Project team activities b. Scope statement c. Project charter d. Work packages e. Project funding agents

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Last Answer : c. Project charter

According to the PMBOK guide which of the following sta. Reserve analysis always plans contingency reserves for unexpected project scope and project costs, which are part of your project budget. b. Reserves should not be included in the project budget. c. If you only have limited resources, you may completely ignore reserve analysis when you try to determine your project budget. d. Planning contingency reserves for a project is not practical. e. Contingency reserves have never been a concern when planning a project budget.atements is right in terms of using reserve analysis to determine a project budget ?

Description : According to the PMBOK guide which of the following statements is right in terms  of using reserve analysis to determine a project budget ? a. Reserve analysis always plans contingency reserves ... not practical. e. Contingency reserves have never been a concern when planning a project budget.

Last Answer : . Reserve analysis always plans contingency reserves for unexpected project scope and  project costs, which are part of your project budget.

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

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

What is a key aspect of Project Manger leadership? A. Great management skills B. Negotiation C. Creating a clear vision for the team to follow D. Time management

Description : What is a key aspect of Project Manger leadership?  A. Great management skills  B. Negotiation  C. Creating a clear vision for the team to follow  D. Time management

Last Answer : C. Creating a clear vision for the team to follow

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.

Which of the following is a quality management system that gives titles to specialists and requires a cost-benefit analysis? Select one: a. Lean accounting b. Business process re-engineering c. Kaizen d. Six Sigma e. Total Quality Management

Description : Which of the following is a quality management system that gives titles to specialists and requires a cost-benefit analysis? Select one: a. Lean accounting b. Business process re-engineering c. Kaizen d. Six Sigma e. Total Quality Management

Last Answer : d. Six Sigma

You are the project manager working on a research project for a new drug treatment. Your preliminary project schedule runs past the due date for a federal grant application. The manager of the R&D department has agreed to release two resources to work on your project in order to meet the federal grant application date. This is an example of _______________. A. Crashing B. fast tracking C. resource leveling D. adjusting the resource calendar

Description : You are the project manager working on a research project for a new drug treatment. Your preliminary project schedule runs past the due date for a federal grant application. The manager of the R&D ... .  A. Crashing B. fast tracking C. resource leveling D. adjusting the resource calendar

Last Answer : A. Crashing

According to a statistical report: “over 30% of all projects are cancelled before completion and over 70% of the remainder fail to deliver expected features”. What must be the reason for such a situation ? a) Poor change management b) Poor requirements management c) Poor quality control d) All of the mentioned

Description : According to a statistical report: over 30% of all projects are cancelled before completion and over 70% of the remainder fail to deliver expected features . What must be the reason for such ... change management b) Poor requirements management c) Poor quality control d) All of the mentioned

Last Answer : b) Poor requirements management

What Are The Tools Needed For A Project Management System?

Description : What Are The Tools Needed For A Project Management System?

Last Answer : A work definition policy and format, a scheduling procedure, a resource budgeting methodology and format, a real time data collection/reporting system, a material control and accountability subsystem, a ... control subsystem, and a monthly formal status review format to be used by senior management.

What Are The Different Project Management Tools?

Description : What Are The Different Project Management Tools?

Last Answer : The different Project Management tools are MS Project, Templates, eBooks, flowcharts Compliant with PMBOK 4th Edition, EPOs (Electronic Project Offices) etc.

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

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 least likely to be a success criteria? a. A target for the project to receive zero change requests. b. The date by which the project is to be completed. c. Delivery of products that meet required specifications. d. The awarding of bonuses to senior management.

Description : Which one of the following is least likely to be a success criteria? a. A target for the project to receive zero change requests. b. The date by which the project is to be completed. c. Delivery of products that meet required specifications. d. The awarding of bonuses to senior management.

Last Answer : d. The awarding of bonuses to senior management.

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