Fundamentals of Project Management Exam Questions
Course Introduction
Fundamentals of Project Management introduces students to the essential principles and practices involved in successfully initiating, planning, executing, monitoring, and closing projects across various industries. The course covers key topics such as project life cycles, stakeholder management, scheduling, resource allocation, risk management, and quality control. Emphasis is placed on developing effective communication, leadership, and teamwork skills necessary for project managers. Through practical case studies and engaging assignments, students gain a comprehensive understanding of project management tools, techniques, and methodologies, preparing them to oversee projects efficiently and achieve desired outcomes.
Recommended Textbook
Introduction to Project Management 2nd Edition by Kathy Schwalbe
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8 Chapters
653 Verified Questions
653 Flashcards
Source URL: https://quizplus.com/study-set/1895 Page 2
Chapter 1: An Introduction to Project, program, and Portfolio Management
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75 Verified Questions
75 Flashcards
Source URL: https://quizplus.com/quiz/37825
Sample Questions
Q1) Project ____ management involves working with all appropriate stakeholders to define,gain written agreement for,and manage all the work required to complete the project successfully.
A) time
B) communications
C) risk
D) scope
Answer: D
Q2) Many organizations claim that using project management ____.
A) lowers costs
B) reduces internal coordination
C) lengthens development time
D) diminishes customer relations
Answer: A
Q3) ____________________,loosely defined,is a set of principles that guide our decision making based on personal values of what is "right" and "wrong."
Answer: Ethics
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Page 3
Chapter 2: Project, program, and Portfolio Selection
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75 Verified Questions
75 Flashcards
Source URL: https://quizplus.com/quiz/37826
Sample Questions
Q1) When creating a weighted scoring model,how do you identify criteria important to the project selection process?
Answer: The first step in creating a weighted scoring model is to identify criteria important to the project selection process.It often takes time to develop and reach agreement on these criteria.Holding facilitated brainstorming sessions or using software to exchange ideas can aid in developing these criteria.Some possible criteria for projects include the following:
Supports key business objectives
Has a strong internal sponsor
Has strong customer support
Uses a realistic level of technology
Can be implemented in one year or less
Provides a positive NPV
Has low risk in meeting scope,time,and cost goals.
Q2) A balanced ____________________ is a methodology that converts an organization's value drivers-such as customer service,innovation,operational efficiency,and financial performance-to a series of defined metrics.
Answer: scorecard
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Chapter 3: Initiating Projects
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75 Verified Questions
75 Flashcards
Source URL: https://quizplus.com/quiz/37827
Sample Questions
Q1) The term ____________________ describes the tendency for project scope to continually increase.
Answer: scope creep
Q2) The task of creating a project charter is normally performed during project initiation.
A)True
B)False
Answer: True
Q3) Part of creating and following a project management methodology includes the creation and use of ____.
A) models
B) templates
C) prototypes
D) outlines Answer: B
Q4) After a project charter is completed,it is good practice to hold an official kick-off meeting for the project.
A)True
B)False
Answer: True
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Chapter 4: Planning Projects, part I Project Integration, scope,
time, and Cost Management
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100 Verified Questions
100 Flashcards
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Sample Questions
Q1) To define the ____ of the project accurately,it is very important to ensure consistency between the project charter,scope statement,WBS,Gantt chart,and related documents.
A) scope
B) charter
C) vision
D) parameters
Q2) The WBS is a peripheral document in project management.
A)True
B)False
Q3) Cost ____ involves allocating the overall cost estimate to individual tasks over time to establish a baseline for measuring performance.
A) estimating
B) account
C) allowance
D) budgeting
Q4) Explain why project management plans need to be dynamic,flexible,and receptive to change when the environment or project changes.
Q5) A(n)____________________ is a significant event on a project.
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Chapter
Resource, communications, risk, and Procurement Management
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92 Verified Questions
92 Flashcards
Source URL: https://quizplus.com/quiz/37829
Sample Questions
Q1) Work done by outside suppliers or sellers should be well documented in ____________________,which are mutually binding agreements that obligate the seller to provide the specified products or services,and obligate the buyer to pay for them.
Q2) In the context of choosing whether to make or buy goods and services,the members of the Just-In-Time Training project would be exercising the "make" option if they conducted basic management training in-house.
A)True
B)False
Q3) Quality,human resource,communications,risk,and procurement management are incidental to project success.
A)True
B)False
Q4) A Request for ____ is a document used to solicit quotes or bids from prospective suppliers.
A) Proposal
B) Price
C) Quote
D) Cost
7
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Chapter 6: Executing Projects
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96 Verified Questions
96 Flashcards
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Sample Questions
Q1) As part of project ____ management,the project manager must perform the task of directing and managing stakeholders to complete the project.
A) quality
B) human resource
C) integration
D) communications
Q2) According to Stephen Covey,when you practice sharpening the saw,you take time to renew yourself physically,spiritually,mentally,and socially.
A)True
B)False
Q3) According to Frederick Herzberg,hygiene factors such as larger salaries,more supervision,or a more attractive work environment greatly improve worker productivity.
A)True
B)False
Q4) It is customary to conduct contract negotiations during the source selection process.
A)True
B)False
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Page 8
Chapter 7: Monitoring and Controlling Projects
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90 Verified Questions
90 Flashcards
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Sample Questions
Q1) You cannot control the scope of a project unless you have first clearly defined the scope and set a scope verification process in place.
A)True
B)False
Q2) The main communications management tasks performed as part of monitoring and controlling include performance reporting and managing ____________________.
Q3) Two key outputs of performance reporting are performance reports and ____.
A) forecasts
B) cost-benefit analyses
C) retrospectives
D) performance reviews
Q4) Flowcharts show activities,decision points,and the order of how information is processed.
A)True
B)False
Q5) A(n)____________________ milestone refers to a milestone activity that was actually completed later than originally planned.
Q6) A(n)____________________ is a bar graph of a distribution of variables.
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Chapter 8: Closing Projects and Best Practices
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50 Verified Questions
50 Flashcards
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Sample Questions
Q1) Most projects produce results that are integrated into new organizational structures.
A)True
B)False
Q2) According to OPM3,which of the following illustrates a best practice?
A) Reduce internal project management communities.
B) Establish internal project management communities.
C) Limit contact with virtual workers.
D) Restrict remote communications to the phone only.
Q3) A customer acceptance/project completion form should be completed and signed by the project manager.
A)True
B)False
Q4) Outputs from ____ closure include updates to organizational process assets and closed contracts.
A) project
B) training
C) charter
D) contract
Q5) ____________________ are incremental steps that lead to best practices.
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