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Project Management Exam Review - 682 Verified Questions

Page 1


Project Management Exam Review

Course Introduction

Project Management introduces students to the principles, methodologies, and best practices essential for planning, executing, and controlling successful projects across various industries. The course covers key topics such as project life cycles, stakeholder management, project scheduling, budgeting, quality control, risk assessment, and team leadership. Through practical case studies and the use of modern project management tools, students develop the skills needed to balance competing demands, adapt to evolving project environments, and deliver value within scope, time, and resource constraints.

Recommended Textbook

Contemporary Project Management 4th Edition by Timothy Kloppenborg

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15 Chapters

682 Verified Questions

682 Flashcards

Source URL: https://quizplus.com/study-set/2359

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Chapter 1: Introduction to Project Management

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49 Verified Questions

49 Flashcards

Source URL: https://quizplus.com/quiz/46875

Sample Questions

Q1) The name and number of phases in a project life cycle are determined by the organization(s)involved in the project.

A)True

B)False

Answer: True

Q2) In agile projects,the customer representative role is passive,and their involvement is typically limited to the early stages of the project.

A)True

B)False

Answer: False

Q3) Projects are considered successful for all of the reasons below EXCEPT:

A) members of the team learn new skills and/or refine existing skills

B) organizational learning takes place and is captured for future projects

C) the team has used heroics to meet project objectives

D) the performing organization reaps business-level benefits.

Answer: C

To view all questions and flashcards with answers, click on the resource link above. Page 3

Chapter 2: Project Selection and Prioritization

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52 Verified Questions

52 Flashcards

Source URL: https://quizplus.com/quiz/46876

Sample Questions

Q1) If an organization does not have the right capabilities,a project that may otherwise support organizational goals may be too difficult to successfully complete.

A)True

B)False

Answer: True

Q2) All of the following factors should be assessed to determine an organization's ability to perform projects EXCEPT:

A) Do we have have a teamwork attitude, free and open communication, creativity, and empowered decision making?

B) Do we have a clearly defined project management process?

C) Do teams and individuals follow instructions well?

D) Do we monitor and understand our external environment?

Answer: C

Q3) Because the specific projects within them are of limited duration,programs themselves are temporary. A)True

B)False

Answer: False

To view all questions and flashcards with answers, click on the resource link above. Page 4

Chapter 3: Chartering Projects

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39 Verified Questions

39 Flashcards

Source URL: https://quizplus.com/quiz/46877

Sample Questions

Q1) A project charter can vary in its length from one-page to multiple pages,depending on the size and complexity of the project.

A)True

B)False

Answer: True

Q2) Which of the following charter elements defines the project purpose and justifies the necessity of the project?

A) scope control plan

B) acceptance criteria

C) business case

D) scope overview

Answer: C

Q3) A key concept in agile projects is that something of value will be delivered at each iteration.

A)True

B)False

Answer: True

To view all questions and flashcards with answers, click on the resource link above. Page 5

Chapter 4: Organizational Capability: Structure, Culture and Roles

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50 Verified Questions

50 Flashcards

Source URL: https://quizplus.com/quiz/46878

Sample Questions

Q1) When the project sponsor and manager are determining how to create the project culture,ethics should be an important consideration.

A)True

B)False

Q2) The Chief Projects Officer responsibilities include ensuring that the steering team does all of the following EXCEPT:

A) captures lessons learned from completed projects

B) selects appropriate project sponsors and teams

C) monitors and controls the implementation of projects

D) ensures enough resources (people, money, and other resources) are available to perform the projects

Q3) In a projectized organization the project manager has extensive authority for budgets,personnel and other decision-making issues.

A)True

B)False

Q4) Describe the role of the steering team with respect to projects.

Q5) How would the role of a project manager be different in an agile project life cycle,versus a plan-driven or traditional project life cycle?

Page 6

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Chapter 5: Leading and Managing Project Teams

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46 Verified Questions

46 Flashcards

Source URL: https://quizplus.com/quiz/46879

Sample Questions

Q1) During the initial Forming stage,where new team members are excited yet concerned that the project work might be difficult,the project manager can help the team develop team-operating methods early - when they construct the project charter.

A)True

B)False

Q2) High-performing teams include members who typically hold which of the following values?

A) a high need for achievement

B) a strict adherence to their personal points of view

C) a commitment to self-promotion

D) a strong need for authority

Q3) High-performing project teams will typically persevere despite challenges,produce high quality results and consistently meet or exceed stakeholder expectations.

A)True

B)False

Q4) All project teams progress uniformly through five stages of team development. A)True

B)False

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Chapter 6: Stakeholder Analysis and Communication Planning

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46 Verified Questions

46 Flashcards

Source URL: https://quizplus.com/quiz/46880

Sample Questions

Q1) Describe the approach you would use to build relationships with key external stakeholders.

Q2) The process of gathering and evaluating information to determine whose interests should be emphasized throughout the project is called:

A) develop project management plan

B) stakeholder analysis

C) communications management

D) i.d. stakeholders

Q3) Stakeholders include people who have their routines disrupted by the project.

A)True

B)False

Q4) Project relationship building activities include encouraging open communications and using shared learning.

A)True

B)False

Q5) Stakeholders include those affected by the result of the project,but not those affected by the process of performing the project.

A)True

B)False

To view all questions and flashcards with answers, click on the resource link above. Page 8

Chapter 7: Scope Planning

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44 Verified Questions

44 Flashcards

Source URL: https://quizplus.com/quiz/46881

Sample Questions

Q1) By using a systematic process for creating a WBS,project team members can ensure that they include all deliverables that are required to be created.

A)True

B)False

Q2) The method of dividing the project scope into many parts that,when combined,would constitute the project deliverable is called _____:

A) rolling wave planning

B) decomposition

C) collect requirements

D) requirements traceability

Q3) The priority of the product in agile is more significant than in traditional project management,as the outcome,or product,will drive the elaboration of the project.

A)True

B)False

Q4) Identify and describe the three steps that the team should follow in order to define project scope and create a project scope statement.

Q5) What are some of the benefits of creating a Work Breakdown Structure (WBS)?

To view all questions and flashcards with answers, click on the resource link above.

9

Chapter 8: Scheduling Projects

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56 Verified Questions

56 Flashcards

Source URL: https://quizplus.com/quiz/46882

Sample Questions

Q1) There is often terrific pressure to complete a project as quickly as possible.To confront this pressure,a project manager should quickly promise to meet the deadlines requested by the sponsor and then assemble a team to create the corresponding schedule.

A)True

B)False

Q2) Consider the Lab Experiment Project depicted in Figure 7-4.Based on the information provided,identify the critical path(s)for this project?

A) A-C-F only

B) A-B-D-F only

C) A-B-E-F only

D) Both A-B-D-F and A-B-E-F are critical paths

Q3) Consider the Research Project depicted in Figure 7-2.Based on the information provided,what is the slack associated with activity C - "Review Reports"?

A) 0 days

B) 1 day

C) 2 days

D) 4 days

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Chapter 9: Resourcing Projects

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45 Verified Questions

45 Flashcards

Source URL: https://quizplus.com/quiz/46883

Sample Questions

Q1) Consider the project crashing information presented in Figure 8-4.What is the incremental cost to achieve a one-day reduction in the duration of this project in the most cost efficient manner?

A) $ 30

B) $ 35

C) $ 40

D) $ 60

Q2) Consider the project crashing information presented in Figure 8-4.What is the cost to complete this project in the normal time?

A) $ 40

B) $ 120

C) $ 145

D) $ 405

Q3) Estimate Activity Resources is the process of assessing all types of resourcespeople,materials,tools,and equipment (along with quantities)- required for each activity to complete it as specified in project scope.

A)True

B)False

Q4) What methods could a project manager use to resolve resource overloads?

To view all questions and flashcards with answers, click on the resource link above. Page 11

Chapter 10: Budgeting Projects

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46 Verified Questions

46 Flashcards

Source URL: https://quizplus.com/quiz/46884

Sample Questions

Q1) All of the following factors must be in place in order to develop an analogous estimate effectively EXCEPT:

A) An organization must know details behind the time value of money.

B) An organization must know how and to what extent the proposed project differs from the previous project.

C) An organization must have experience in performing similar projects.

D) An organization must know how much previous projects actually cost.

Q2) Inflating the value of future revenue and cost streams to account for the time value of money enables better project decisions.

A)True

B)False

Q3) Generally,parametric estimating requires less information and time than analogous estimating.

A)True

B)False

Q4) Plan Cost Management is the process to determine how to plan,estimate,and control project costs.

A)True

B)False

To view all questions and flashcards with answers, click on the resource link above. Page 12

Chapter 11: Project Risk Planning

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45 Verified Questions

45 Flashcards

Source URL: https://quizplus.com/quiz/46885

Sample Questions

Q1) A project risk is anything that may impact the project team's ability to achieve the general project success measures and the specific project stakeholders' priorities.

A)True

B)False

Q2) Which of the following quantitative risk analysis techniques is used to determine which risks have the most powerful impact on the project,with results displayed in the form of a tornado diagram?

A) Failure Mode and Effects Analysis (FMEA)

B) Expected Monetary Value (EMV)

C) Sensitivity Analysis

D) Simulation Techniques such as Monte Carlo Analysis

Q3) All of the following activities illustrate a risk response strategy designed to exploit an opportunity EXCEPT:

A) identify trigger condition

B) assign more or better resources

C) purchase insurance

D) give the project more visibility

To view all questions and flashcards with answers, click on the resource link above.

13

Chapter 12: Project Quality Planning and Project Kick-Off

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45 Verified Questions

45 Flashcards

Source URL: https://quizplus.com/quiz/46886

Sample Questions

Q1) Which of these is NOT a reason to design quality into processes rather than to find problems later through inspections?

A) It costs more to make junk and then remake it.

B) The time spent on rework aggravates time pressures that already exist on projects.

C) Some mistakes are likely to reach the customer.

D) The best inspectors can find every variation and defect

Q2) Manage Quality is the process of using the quality plan and policy to perform tasks that will most likely lead to creating project outputs to customers' satisfaction.

A)True

B)False

Q3) During which DMAIC phase would you find the objectives of: identify possible root causes,collect data,and confirm root causes through data analysis?

A) Define

B) Measure

C) Analyze

D) Improve

To view all questions and flashcards with answers, click on the resource link above.

14

Chapter 13: Project Supply Chain Management

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45 Verified Questions

45 Flashcards

Source URL: https://quizplus.com/quiz/46887

Sample Questions

Q1) _______ is the PMBOK process that identifies those project needs that can be met by acquiring products and services from outside suppliers,determines what to purchase or acquire,and finalizes when and how to do so.

A) Define supply chain.

B) Plan procurement management.

C) Schedule procurements.

D) Negotiate contracts

Q2) The evaluation criteria that were developed during procurement planning to define how the team will evaluate and rank proposals should guide them in the vendor evaluation and selection process.

A)True

B)False

Q3) Compare and contrast traditional project procurement management with the more contemporary approach - project partnering.What are the conditions or sharing requirements for effective project partnerships?

Q4) Contract types are often associated with two broad categories: fixed-price contracts and cost-reimbursable contracts.Briefly identify the factors to consider when determining which type is most appropriate for a planned contract.

To view all questions and flashcards with answers, click on the resource link above.

Page 15

Chapter 14: Determining Project Progress and Results

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44 Verified Questions

44 Flashcards

Source URL: https://quizplus.com/quiz/46888

Sample Questions

Q1) Define integrated change control and briefly explain how it is accomplished in an organization.

Q2) In order to determine that a project is progressing adequately,a project manager could use a balanced scorecard approach to evaluate the organization along supplier,external business,risk and human resource perspectives.

A)True

B)False

Q3) Quality control charts are helpful in answering the question "how big of a change is big enough to count?"

A)True

B)False

Q4) Describe how you would adopt a balanced score card approach to evaluate your project performance.Your response should identify specific measures you would use as well as the approach you would take to obtain the measures you identify.

Q5) The Schedule Performance Index (SPI)is a schedule performance measure expressed as the ratio of earned value (EV)to planned value (PV).

A)True

B)False

To view all questions and flashcards with answers, click on the resource link above. Page 16

Chapter 15: Finishing the Project and Realizing the Benefits

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30 Verified Questions

30 Flashcards

Source URL: https://quizplus.com/quiz/46889

Sample Questions

Q1) A project team attempting to close a project should review which of the following to ensure the customers are satisfied with the project work?

A) the project charter

B) the customer feedback and scope verification

C) the communication plan

D) the project organization chart

Q2) The Validate Scope process occurs with interim deliverables throughout the project and with final deliverables near the end.

A)True

B)False

Q3) Many organizations require the completion of a project close-out report upon completion of a project.These reports typically include which of the following?

A) a review of the project's original justification

B) a list of team members dismissed due to poor performance

C) transcripts of team member conversations

D) review of team building exercises

Q4) What is "validate scope" and why is it important to the project?

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