Applied Project Management
Exam Materials
Course Introduction
Applied Project Management focuses on the practical aspects of managing projects across various industries. The course covers key concepts such as project planning, scheduling, budgeting, risk management, resource allocation, and quality control. Students learn to apply established project management methodologies, utilize contemporary tools and software, and develop leadership and communication skills essential for successful project execution. Through real-world case studies, collaborative assignments, and hands-on projects, participants gain experience in navigating complex project environments, making data-driven decisions, and delivering projects within scope, time, and budget constraints.
Recommended Textbook
Successful Project Management with Microsoft Project 2010 5th Edition by Jack Gido
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14 Chapters
1226 Verified Questions
1226 Flashcards
Source URL: https://quizplus.com/study-set/455 Page 2
Chapter 1: Project Management Concepts
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74 Verified Questions
74 Flashcards
Source URL: https://quizplus.com/quiz/8069
Sample Questions
Q1) How could currency fluctuations and exchange rates impact the accomplishment of the project objective and customer satisfaction?
Answer: Responses will vary.Responses should include suggestions that the prices of resources may change and cause the budget to be exceeded and the customer may not be satisfied.
Currency fluctuations and exchange rates impact the prices of resources.These changes may cause the budget to be exceeded.
Q2) A person or organization responsible for each work item should be identified to assign responsibility while planning the project.
A)True
B)False
Answer: True
Q3) A project is completed through a number of repetitive tasks.
A)True
B)False
Answer: False
Q4) List examples of three projects.
Answer: Answers will vary.Response includes a deliverable, schedule, and budget.
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Chapter 2: Identifying and Selecting Projects
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70 Verified Questions
70 Flashcards
Source URL: https://quizplus.com/quiz/8070
Sample Questions
Q1) A good RFP allows contractors or a project team to understand what the customer expects.
A)True
B)False
Answer: True
Q2) The project acceptance criteria should
A) summarize the need and justification for the project.
B) state the quantitative criteria expected for the products to be accomplished.
C) state the major end products or items expected to be produced.
D) be concise and create a vision for the end result of the project.
Answer: B
Q3) The project charter should include as many risks as can be brainstormed to be sure to have enough funds for contingencies.
A)True
B)False
Answer: False
Q4) The initiating phase of the project life cycle starts with recognizing a need.
A)True
B)False
Answer: True
Page 4
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Chapter 3: Developing Project Proposals
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111 Verified Questions
111 Flashcards
Source URL: https://quizplus.com/quiz/8071
Sample Questions
Q1) Describe the differences between a complex proposal and a simplified proposal. Answer: Responses will vary.They should contain a description of a complex project proposal and a simplified project proposal.All the minimum parts of a simplified project proposal are included in a complex project proposal, but not all complex project proposal sections are included in a simplified project proposal. A complex project proposal may contain hundreds of pages with charts, graphs, and tables to display the technical, management, and cost sections.The complex proposal may be in sections or volumes for organization.A simplified project proposal will include at a minimum a statement of the customer's need, assumptions, project scope, deliverables, schedule, price, risks, and expected benefits.
Q2) Proposals that promise too much or are overly optimistic may seem believable and support that the contractor understands what needs to be done and how to do it.
A)True
B)False
Answer: False
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Chapter 4: Defining Scope, Quality, Responsibility, and Activity Sequence
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129 Verified Questions
129 Flashcards
Source URL: https://quizplus.com/quiz/8072
Sample Questions
Q1) The network diagram can be created using a graphic chart format or as an indentured list.
A)True
B)False
Q2) An activity in a network diagram cannot start until
A) all of the preceding activities that are linked to it by arrows are finished.
B) most of the preceding activities that are linked to it by arrows are finished.
C) none of the preceding activities that are linked to it by arrows are finished.
D) at least one of the preceding activities that are linked to it by arrows are finished.
Q3) Quality standards that will be used should also be stated and referenced in other appropriate project documents, such as technical specifications and acceptance criteria, and communicated to members of the project team
A) at the outset of the project before the work begins.
B) after the work begins on the project.
C) when the project team starts working on the specific tasks.
D) at the end to check that the quality is met.
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Chapter 5: Developing the Schedule
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79 Verified Questions
79 Flashcards
Source URL: https://quizplus.com/quiz/8073
Sample Questions
Q1) Schedule control involves four steps. Place these steps in their proper order by stating the letter sequence of their proper order.
A) A,B,C,D
B) A,D,C,B
C) D,A,C,B
D) D,A,B,C
Q2) The amount of slack should determine the priority with which these concentrated efforts are applied.
A)True
B)False
Q3) The estimated activity resources will also be used later for estimating activity costs and determining the project budget.
A)True
B)False
Q4) A change in the estimated duration of any activity on that path will cause a corresponding change in the slack for that path.
A)True
B)False
Q5) Schedule control involves four steps. List the four steps in order.
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Chapter 6: Resource Utilization
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21 Verified Questions
21 Flashcards
Source URL: https://quizplus.com/quiz/8074
Sample Questions
Q1) The start of noncritical activities are delayed beyond their earliest start times (but not beyond their latest start times) in order to
A) schedule with a technical constraint.
B) schedule with a resource constraint.
C) level the costs of the project.
D) maintain a uniform level of required resources.
Q2) Activities can be delayed only to the point where all their positive slack is used up, as any further delays would cause the project to
A) increase costs of all the activities in the project.
B) extend beyond the project completion time.
C) be completed ahead of schedule.
D) increase its requirements for additional resources for all activities.
Q3) ________ assist with the complexity of generating a resource-leveled schedule and resource requirements graphs and tables.
A) Project management information systems
B) Formulas and techniques
C) Trial and error techniques
D) Calendaring systems
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8
Chapter 7: Determining Costs, Budget, and Earned Value
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69 Verified Questions
69 Flashcards
Source URL: https://quizplus.com/quiz/8075
Sample Questions
Q1) It is important to use the__________ as the standard against which actual cost is compared.
A) cumulative budget
B) total budget
C) budget at completion
D) phased budget
Q2) A third method for determining the forecasted cost at completion is to re-estimate the costs for all the remaining work to be performed and then add this re-estimate to the cumulative actual cost. If the amount of cumulated actual costs is less than difference between the total budgeted cost and the re-estimate, then
A) the FCAC is greater than the TBC.
B) the FCAC is less than the TBC.
C) the FCAC cannot be calculated with the values given.
D) additional information is needed to predict the FCAC.
Q3) In many projects, large dollar amounts are expended for materials or services (subcontractors, consultants) that are used over a period of time longer than one cost reporting period.
A)True
B)False
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Page 9
Chapter 8: Managing Risk
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45 Verified Questions
45 Flashcards
Source URL: https://quizplus.com/quiz/8076
Sample Questions
Q1) Some level of risk planning should be done during _______ of the project life cycle to make sure that a contractor understands the risks involved with bidding on a proposed project. With knowledge of potential risks, the contractor can include contingency or management reserve amounts in the bid price.
A) the planning phase
B) the performing phase
C) the initiating phase
D) the closing phase
Q2) ________ involves determining the likelihood that the risk event will occur and the degree of impact the event will have on the project objective.
A) Priority alignment
B) Responding to a risk
C) Assessing each risk
D) Risk planning
Q3) ________ is the warning flag for when to implement the action plan for the risk.
A) The action trigger
B) The priority order
C) The mitigation plan
D) The degree of impact
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Page 10
Chapter 9: Closing the Project
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42 Verified Questions
42 Flashcards
Source URL: https://quizplus.com/quiz/8077
Sample Questions
Q1) Projects also can be terminated by the sponsor or customer due to satisfaction with the project progress.
A)True
B)False
Q2) Documentation of lessons learned should be done on an ongoing basis throughout the planning and performing phases of the project.
A)True
B)False
Q3) The open-ended question post-project evaluation meeting should contain an opportunity to talk about possible additional projects and assume permission to use the customer as a reference with potential customers.
A)True
B)False
Q4) The system should organize information so that it has complex commands to retrieve information by category or subject of lesson learned or by key words.
A)True
B)False
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Chapter 10: The Project Manager
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129 Verified Questions
129 Flashcards
Source URL: https://quizplus.com/quiz/8078
Sample Questions
Q1) Volunteer -- contribute to the community or a specific cause and try your hand at developing leadership skills -- to develop the skills necessary to be an effective project manager.
A)True
B)False
Q2) In informal conversations, the project manager should use open-ended questions and do a lot of listening.
A)True
B)False
Q3) A capable project manager provides opportunities for learning and development by encouraging individuals to assume the initiative, take risks, and make decisions.
A)True
B)False
Q4) Effective and frequent communication is crucial for keeping the project moving, identifying potential problems, soliciting suggestions to improve project performance, keeping abreast of customer satisfaction, and avoiding surprises.
A)True
B)False
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Page 12
Chapter 11: The Project Team
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225 Verified Questions
225 Flashcards
Source URL: https://quizplus.com/quiz/8079
Sample Questions
Q1) To help you effectively manage your time, when going through your mail, take action on each document at a later time instead of while you are holding it the first time.
A)True
B)False
Q2) In the __________ approach, the project team members place high value on both the outcome and the relationship between the individuals.
A) Collaborating, Confronting, or Problem Solving
B) Avoiding or Withdrawing
C) Competing or Forcing
D) Accommodating or Smoothing
Q3) The ________ stage is characterized by feelings of frustration, anger, and hostility.
A) forming
B) norming
C) storming
D) performing
Q4) Lack of commitment is a is a key element of project team effectiveness.
A)True
B)False
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Chapter 12: Project Communication and Documentation
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121 Verified Questions
121 Flashcards
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Sample Questions
Q1) The heart of communication is not words, but
A) listening.
B) responding.
C) understanding.
D) talking.
Q2) After the meeting, the project manager should publish the meeting results
A) within 24 hours after the meeting.
B) by the end of the week.
C) before the next meeting.
D) if the project manager has time to send the notes.
Q3) The timing of verbal communication is also very important.
A)True
B)False
Q4) Designating a note-taker helps to have meeting minutes to share.
A)True
B)False
Q5) None of the information in the progress report should be a surprise to the readers.
A)True
B)False
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Chapter 13: Project Management Organizational Structures
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65 Verified Questions
65 Flashcards
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Sample Questions
Q1) In _______, people experience greater learning and growth, and their knowledge and skills are transferred from project to project.
A) an autonomous project organizational structure
B) a functional organizational structure
C) a matrix organizational structure
D) a project management office
Q2) In _________, all the resources needed to accomplish each project are assigned full-time to work on that project.
A) an autonomous project organizational structure
B) a functional organizational structure
C) a matrix organizational structure
D) a project management office
Q3) In ________ provides the project and customer focus of the project structure, but it retains the functional expertise of the functional structure.
A) an autonomous project organizational structure
B) a functional organizational structure
C) a matrix organizational structure
D) a project management office
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Chapter 14: Project Management Information Systems
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46 Verified Questions
46 Flashcards
Source URL: https://quizplus.com/quiz/8068
Sample Questions
Q1) Most project management information systems allow for the customization of the user interface and the reports to suit the particular needs of a project.
A)True
B)False
Q2) Online help tools for project management information systems often include very detailed demos, online help, in-depth tutorials, and even full video presentations.
A)True
B)False
Q3) A concern to be considered about a project management information system is the ________ of the system . A manager can spend too much time focusing on the system and forget about the most important part of a project: the people.
A) false sense of security
B) information overload
C) distraction
D) overreliance on information system
Q4) List questions that you would have if you were evaluating a project management information system?
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Page 16