Project Management Test 1 Chapter 1

Which terms belong with what? 1. Earned value management 2. Critical path analysis 3. Project charter

1. Cost 2. Time 3. Scope

T or F A project manager's primary role is to provide the funding for a project.

False

T or F Effective program managers recognize that managing a project is much more complex than managing a program.

False

T or F PMOs are more helpful to smaller organizations than larger organizations.

False

T or F A project manager just need to work with the project team to meet project goals.

False Project managers work with the project sponsors, project teams, and other stakeholders to meet project goals. In particular, they work with project sponsors to define success for particular projects.

T or F Individual projects always address strategic goals whereas portfolio management addresses tactical goals.

False Project portfolio management = strategic Project management = tactical goals

T or F Opponents of a project do not belong to the category of stakeholders.

False Stakeholders are the people involved in or affected by project activities Stakeholders includethe project sponsorbanks and other financial institutionsthe project managerthe project teamsupport staffsuppliersopponents to the project

Which knowledge area deals with the factor of uncertainty in project management?

Risk management

T or F The ethics in project management is always clear-cut between "right" and "wrong".

True Ethics, loosely defined, is a set of principles that guide our decision making based on personal values of what is "right" and "wrong" Project managers often face ethical dilemmas In order to earn PMP® certification, applicants must agree to PMI's Code of Ethics and Professional Conduct Several questions on the PMP® exam are related to professional responsibility, including ethics

T or F The enterprise project management software, which aids project and portfolio management, is a low-end tool.

False Three main categories of tools:Low-end tools: Handle single or smaller projects well, cost under $200 per userMidrange tools: Handle multiple projects and users, cost $200-$1,000 per user, Microsoft Project is still the most popularHigh-end tools: Also called enterprise project management software, often licensed on a per-user basis Several free or open-source tools are also available

T or F Every project should have a well-defined objective.

True

T or F Until the 1980s, project management primarily focused on providing schedule and resource data to top management in the military, computer, and construction industries.

True

T or F It is mandatory for project managers working on large information technology projects to be experts in the field of information technology.

True Project managers for large IT projects do not have to be experts in the field of IT, but they must have working knowledge of various technologies and understand how the project would enhance the business.

T or F Program managers are change agents.

True program Program managers are responsible for more than the delivery of project results. They are change agents responsible for the success of products and processes developed by these projects.

T or F Good project managers assume that their definition of success is the same as the sponsors.

False There are several ways to define project success:The project met scope, time, and cost goals The project satisfied the customer/sponsor The results of the project met its main objective, such as:Making or saving a certain amount of money Providing a good return on investment

T or F To be a successful manager, the only skills an IT project manager needs to possess are excellent technical skills.

False IT project managers must be willing to develop more than their technical skills to be productive team members and successful project managers. Everyone, no matter how technical they are, should develop business and soft skills.

T or F A difference between operations and projects is that operations end when their objectives have been reached, whereas projects do not.

False Projects end when their objectives have been reached or the project has been terminated

T or F The sole purpoe of project management is to meet the specific scope, time, and cost goals of a project.

False The sole purpose of project management is to meet the specific scope, time, and cost goals of a project.