Advanced Project Management Test
Bank
Course Introduction
Advanced Project Management delves into the principles, methodologies, and tools essential for managing complex projects in dynamic environments. The course emphasizes strategic planning, stakeholder engagement, risk assessment, and resource allocation, while introducing advanced concepts such as agile methodologies, portfolio management, and performance measurement. Students will learn how to navigate organizational challenges, lead cross-functional teams, and ensure the successful delivery of projects within scope, time, and budget constraints. Through case studies and practical applications, learners will develop the skills necessary to manage multi-faceted projects and adapt to evolving industry demands.
Recommended Textbook
Project Management The Managerial Process 5th Edition by Erik Larson
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Chapter 1: Modern Project Management
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Sample Questions
Q1) Because of the profitability motive, project management is nearly always limited to the private sector.
A)True
B)False
Answer: False
Q2) The importance of project management has increased due to
A)The movement of manufacturing operations out of the U.S
B)Time to market
C)The movement toward flatter and leaner organizations
D)Both a and b are true
E)A, B, and C are all true
Answer: E
Q3) Corporate downsizing has increased the trend toward
A)Reducing the number of projects a company initiates
B)Outsourcing significant segments of project work
C)Using dedicated project teams
D)Shorter project lead times
E)Longer project lead times
Answer: B
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Page 3
Chapter 2: Organization Strategy and Project Selection
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Sample Questions
Q1) In a SWOT analysis, good product quality, low debt, and an established dealer network are examples of positive ________.
Answer: strengths
Explanation: Examples of internal strengths could be core competencies, such as technology, product quality, management talent, low debt, and dealer networks.
Q2) The assessment of the external and internal environments is called _______ analysis.
A)SWOT analysis
B)Competitive
C)Industry
D)Market
E)Strategic
Answer: A
Q3) Effective objectives can be created to apply only at the department level and not relating to organizational objectives.
A)True
B)False
Answer: False
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Chapter 3: Organization: Structure and Culture
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Sample Questions
Q1) In a __________ PO structure, the primary function of the PMO is to track and monitor project performance.
Answer: weather station
Explanation: The primary function of the weather station PO is to track and monitor project performance.It is typically created to satisfy top management's need to stay on top of the portfolio of projects under way in the firm.
Q2) Organization ________ refers to a system of shared norms, beliefs, values, and assumptions which bind people together, thereby creating shared meanings.
Answer: culture
Explanation: Organizational culture refers to a system of shared norms, beliefs, values, and assumptions which binds people together, thereby creating shared meanings.
Q3) In a Snapshot from Practice, at ________ Corporation, employees put in the hours necessary to get a job done, even if it requires staying up all night; however, they also may stay home to tend to a sick child and do makeup work at some other time. Answer: Microsoft
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Chapter 4: Defining the Project
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Sample Questions
Q1) In making project trade-offs, a criteria that is allowed to not meet the original target is classified as ________.
Q2) The highest element in the hierarchical breakdown of the WBS is
A)A work package
B)Sub deliverables
C)A cost account
D)Major deliverables
E)The project
Q3) A project parameter such as completion date or cost is ________ if it is fixed and must be met.
Q4) The ________ summarizes, in graphic format, the tasks to be accomplished and who is responsible for what on a given project.
Q5) In a Work Breakdown Structure for a software development project, the typical structure follows the major phases of software development.
A)True
B)False
Q6) What is meant by "Scope Creep" and why is it significant to project managers?
Q7) What is a Project Priority Matrix and how would you use one?
Q8) In project management terms, what is meant by "managing the trade-offs?"
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Chapter 5: Estimating Project Times and Costs
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Sample Questions
Q1) The cost to prepare a bottom-up budget will typically run ________ percent of the total project cost.
Q2) Identify the drawbacks to an excessive level of detail in project times and costs.
Q3) Identify the factors that should be considered to improve the quality of estimates for project times and costs.
Q4) Estimating the total cost of a project by multiplying each major function by a complexity factor is an example of the apportion method of estimating costs.
A)True
B)False
Q5) The ________ factor in estimating project times and costs can introduce errors due to staff turnover, the skills of the participants, and whether the team members have worked with each other on previous projects.
Q6) The function point method of time and cost estimating is best applied to projects that have large, complex physical deliverables, such as a bridge or building.
A)True
B)False
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Chapter 6: Developing a Project Plan
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Sample Questions
Q1) Which company utilized concurrent engineering to design a new line of cars and in the process completed its development six months ahead of schedule?
A)General Motors
B)Chrysler
C)Ford
D)Nissan
E)Toyota
Q2) ___________ reflects the likelihood the original critical path(s) will change once the project is initiated.
Q3) Information to develop a project network is collected from the
A)Organization breakdown structure
B)Work breakdown structure
C)Budget
D)Project proposal
E)Responsibility matrix
Q4) Different activities along the same path can have different total slack.
A)True
B)False
Q5) A ________ is an activity that has more than one predecessor.
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Chapter 7: Managing Risk
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Sample Questions
Q1) Identify at least six items that may be included on a Risk Profile.
Q2) ________ reserves are controlled by the project manager and used to cover major unforeseen risks to the entire project.
Q3) Which of the following would not be considered a threat?
A)Inflation
B)Meeting the project schedule
C)International disruptions
D)Economic conditions
E)Competition
Q4) Contingency funding is made up of budget reserves and management reserves.
A)True
B)False
Q5) A risk profile is a list of questions that have been developed and refined from previous, similar projects.
A)True
B)False
Q6) Identify and briefly describe the four steps in risk management.
Q7) A ________ is a list of questions that address traditional areas of uncertainty on a project.
Q8) What is a risk profile and what benefits does it provide to risk management?
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Chapter 8: Scheduling Resources and Costs
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Sample Questions
Q1) Sam is trying to order the concrete needed to continue his project.However, the supplier won't be able to deliver it until next week.This is an example of a _______ constraint.
A)Working capital
B)People
C)Equipment
D)Information
E)Materials
Q2) Splitting an activity creates the following situation:
A)More people working on the same activity
B)There are possible startup and shutdown costs
C)A resource may be moved from one activity to another and then back
D)Both B and C are correct
E)A, B, and C are all correct
Q3) What are the three most common heuristics (in order of priority) used to allocate resources to project activities?
Q4) A(n) ________ constraint addresses the sequence in which project activities must occur.
Q5) Identify and briefly describe the two classifications of scheduling problems.
Page 10
Q6) Identify and briefly describe the three types of project constraints.
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Chapter 9: Reducing Project Duration
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Sample Questions
Q1) The direct costs for completing an activity as early as possible is called its
Q2) Cost slope can be determined by dividing the
A)Run by the rise
B)Rise by the run
C)Crash cost by the normal cost
D)Normal cost by the crash cost
E)Both B and C are correct
Q3) The project direct-cost line near the normal point is usually:
A)Sloped steeply
B)Relatively flat
C)Rising
D)Falling
E)Gently sloped
Q4) Which of the following is/are included in a Project Cost-Duration Graph?
A)Total indirect cost
B)Total direct cost
C)Total project cost
D)Both A and B are correct
E)A, B, and C are all correct
11
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Chapter 10: Leadership: Being an Effective Project Manager
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Sample Questions
Q1) Identify and briefly discuss the key to exercising influence within an organization.
Q2) The key to exercising influence is:
A)To make few mistakes
B)To build trust
C)To build a network of top level people
D)To understand the political connections within the organization
E)To make friends with everyone
Q3) One problem new project managers experience is that it takes time to establish a sense of character and competency.
A)True
B)False
Q4) ________ champion the project and uses their influence to gain approval of the project.
Q5) Identify and compare and contrast The old-fashioned view of managing projects and the new perspective of managing projects.
Q6) We must have confidence in the ____________ of individuals before we really trust them.
Q7) Identify five of the six aspects of leading by example.
Page 12
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Chapter 11: Managing Project Teams
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Sample Questions
Q1) In which of the following theories does the project group transition from a lower level to a higher level of performance about halfway through the project?
A)Nominal Group Technique
B)Five Stage Team Development Model
C)Punctuated Equilibrium Model of Group Development
D)Dysfunctional Transition Model
E)Synergistic Transition Development Model
Q2) Which of the following is not one of the most significant sources of conflict during the project planning phase?
A)Priorities
B)Procedures
C)Schedule
D)Technical requirements
E)Costs
Q3) Team members can be upset and dissatisfied with conflict, but as long as the disagreement furthers the objectives of the project, then the conflict is functional.
A)True
B)False
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13
Chapter 12: Outsourcing: Managing Interorganizational Relations
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Sample Questions
Q1) High levels of __________ and technology can be brought to bear on a project by using contracted services.
Q2) __________ is a major advantage of outsourcing project work because companies can secure competitive prices for contracted services, especially if the work can be outsourced offshore.
Q3) Which of the following is reflected in the saying "Let anger fly out the window"?
A)Separate people from the problem
B)Be honest
C)Focus on interests, not positions
D)Invent options for mutual gain
E)When possible, use objective criteria
Q4) Which of the following is suggested as the best target for a customer satisfaction ratio? A)1.00
Q5) Identify the four advantages to outsourcing project work.
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Chapter 13: Progress and Performance Measurement and Evaluation
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Sample Questions
Q1) All scope changes that result in increased costs should be avoided.
A)True
B)False
Q2) The first step in creating a project control system for measuring and evaluating project performance is to ________.
Q3) ________ holds people accountable, prevents small problems from mushrooming into large problems, and keeps focus.
Q4) ________ is simply the percent complete, times the original budget.
Q5) What is the difference between a baseline Gantt chart and a Tracking Gantt chart?
Q6) Measuring performance against budget is simply a case of comparing actual versus budget.
A)True
B)False
Q7) The PCIB index measures the project percent complete in relation to the resources that were budgeted.
A)True
B)False
15
Q8) An SPI index of 1.22 indicates that the project is ________ schedule.
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Chapter 14: Project Closure
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Sample Questions
Q1) The project closure process includes all of the following except:
A)Shutting down resources and releasing to new uses
B)Reassigning project team members
C)Conduct an audit
D)Getting delivery acceptance from the customer
E)Closing accounts and seeing all bills are paid
Q2) The most common circumstance for project closure is simply a completed project such as building a new facility or creating a customized information system.
A)True
B)False
Q3) A project closure is considered ________ if it never seems to end due to constant "add-ons" in attempt to improve the project outcome.
Q4) Evaluation of individuals implies measurement against all team members. A)True
B)False
Q5) Identify the five common parts to the final project report.
Q6) ________ is the most common circumstance for project closure is simply a completed project.
Q7) Identify the three major deliverables for project closure.
Page 16
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Chapter 15: International Projects
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Sample Questions
Q1) In France, which of the following factors is considered much more important than in the U.S?
A)Social class
B)Agreement on issues
C)Professional accomplishments
D)Being open during negotiations
E)Dedication to project completion
Q2) Identify and discuss three guidelines/cautions in working with the French on projects.
Q3) Identify and discuss three guidelines/cautions in working with Mexicans on projects.
Q4) Needs for a project could include telecommunications, transportation, power, and availability of technically skilled talent.This is an example of which of the following environmental factors?
A)Geographic
B)Infrastructure
C)Economic
D)Legal/political
E)Cultural
Q5) A(n) ________ project is executed in a foreign country for a foreign firm.
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Chapter 16: Oversight
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Sample Questions
Q1) Project audits are performed on all significant projects and lessons learned are recorded and used on subsequent projects occurs in which of the following Maturity Model Levels?
A)Ad Hoc Project Management
B)Formal Application of Project Management
C)Institutionalization of Project Management
D)Management of Project Management System
E)Optimization of Project Management System
Q2) The importance of the increase in project oversight to today's project manager includes all of the following except:
A)Increase in expected profits from projects
B)Increased interest in supporting and helping the project manager
C)Impact on the environment in which the project will be implemented
D)Impact on how the project manager's performance will be measured
E)The reporting of project progress to an oversight group
Q3) Briefly describe what "Project Oversight" is and why it is important to Project Management.
Q4) The balanced scorecard model differs from selection models by reviewing projects over _______.
Q5) What is Portfolio Project Management?
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Chapter 17: An Introduction to Agile Project Management
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Sample Questions
Q1) Iterations are short time frames ("time boxes") that typically last from two to five weeks.
A)True
B)False
Q2) Iterative development processes provide the which important advantages:
A)Continuous integration, verification, and validation of the evolving product.
B)Frequent demonstration of progress to increase the likelihood that the end product will satisfy customer needs.
C)Early detection of defects and problems.
D)A, B and C are correct
E)None of the above is correct
Q3) Fundamentally, Agile PM is related to the rolling wave planning and scheduling project methodology.
A)True
B)False
Q4) _____________ employs business-driven prioritizations of requirements and features.
Q5) Traditional approaches to project management concentrate firmly on thorough planning _______.
Q6) Describe the Spirit planning concept.
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Chapter 18: Project Management Career Paths
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Sample Questions
Q1) Since much project work is temporary and contractual in nature, it is important to develop professional contacts that may lead to future work.
A)True
B)False
Q2) Due to the difficulty of the position, project managers will not lose their position due to a unsuccessful project.
A)True
B)False
Q3) Attending conferences, trade fairs, and workshops provides good opportunities to
Q4) Most project managers have received formal training in project management.
A)True
B)False
Q5) If you are considering pursuing a career in project management, you should first find out what specific project job opportunities exist in your company.
A)True
B)False
Q6) What should be your goal be as a project manager?
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