It project mnagement

Project integration management must occur just within the context of a particular project.

False

The best way to sustain a project is to withhold the required money, human resources, and visibility for the project.

False

The output of the stakeholder management strategy results is a project charter.

False

The main purpose of the WBS is to define all of the work required to complete a project.

True

Using a systems approach is critical to successful project management.

True

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

False

Which section of the project management plan describes specific methodologies a project might use and explains how to document information?

technical processes

Identifying the project sponsor is a pre-initiation task.

true

Which task is at the lowest level of the WBS?

work package

A project's internal rate of return can be determined by finding what discount rate results in an NPV of what value for the project?

zero

Initiating and closing tasks are usually the longest and require the most amount of resources and time.

False

In which development life cycle do stakeholders define and approve the detailed scope before the start on an iteration?

Adaptive

What process involves identifying and controlling the functional and physical design characteristics of products and their support documentation, and ensures that the descriptions of the project's products are correct and complete?

Configuration management

In which of the following areas of management is payback analysis most likely to be used?

Cost

Which is an example of a pre-initiation task?

Developing a business case for a project

What are new requirements imposed by management, government, or some external influence referred to as?

Directives

Which of the following refers to a set of principles that guides decision making based on personal values of what is considered right and wrong?

Ethics

A project manager's primary role is to provide the funding for a project.

False

A work package must always represent less than 80 hours of work.

False

Corrective actions reduce the probability of negative consequences associated with project risks, while preventive actions should result in improvements in project performance.

False

Leadership style has no impact on the success of virtual teams.

False

Which tool is most likely to be used in project schedule management?

Gantt charts

Which observation is true of the agile approach to software development?

In the agile method, requirements and solutions evolve through collaboration.

How do you feel about the fact that we are all marching towards our inevitable deaths, and that we can do nothing about it?

Inshallah

Which statement is true of project management?

It does not guarantee successes for all projects.

Which is an example of an organizational process asset?

Management systems

In which product life cycle the scope, schedule, and cost are determined early, and changes to scope are carefully managed?

Predictive

Which project management knowledge area primarily involves generating, collecting, disseminating, and storing project information?

Project communications management

Martha works as a project manager at a bank. Due to certain changes in external factors, Martha needs to make a few alterations in the tactical goals of her project. In such a scenario, which of the following will best help Martha cope with the change?

Project environment knowledge

Which knowledge area involves defining and managing all the work required to complete the project successfully?

Project scope management

Which process involves developing a working replica of the system or some aspect of the system?

Prototyping

Which perspective of an organization focuses on different groups' roles and responsibilities in order to meet the goals and policies set by top management?

Structural frame

A project's stakeholders include its customers, users, and suppliers.

True

In the Scrum method, team members work as a self-directed group coached by the ScrumMaster.

True

NPV analysis is a method for making equal comparisons between cash flows for multi-year projects.

True

Project managers and their teams must recognize the effects of any project on the interests and needs of the entire system or organization instead of focusing on the immediate concerns of the project.

True

Scope creep if not managed well can lead to the failure of information technology projects.

True

Which term refers to the difference between planned and actual performance?

Variance

Which systems development life cycle model assumes that requirements will remain stable after they are defined?

Waterfall life cycle

What term is used for benefits minus costs?

cash flow

Which action involves defining and documenting the features and functions of the products produced during the project as well as the processes used for creating them?

collecting requirements

Which action involves reviewing the project charter, requirements documents, and organizational process assets to create a scope statement, adding more information as requirements are developed and change requests are approved?

defining scope

Which processes include acquiring and developing the project team, performing quality assurance, distributing information, managing stakeholder expectations, and conducting procurements?

executing

An organization's project management plan expresses the vision, mission, goals, objectives, and strategies of the organization.

false

The project management plan is the output of which project planning process?

integration management

Which technique is used for creating a WBS uses branches radiating from a core idea to structure thoughts and ideas instead of writing down tasks in a list or immediately trying to create a structure for tasks?

mind mapping

Creating the WBS is a subprocess associated with which process in project scope management?

planning

What is often the most difficult and unappreciated process in project management?

planning

What term is used for the minimum acceptable rate of return on an investment?

required rate of return

In the Scrum method, during which meeting is the improvement of the product and process discussed?

sprint retrospective

Grey's Infotech sells customized hardware and software solutions for businesses. The salespeople for Grey's have a strict dress code when meeting clients. They are required to wear dark business suits, in order to convey the company's dedication to quality. The meaning conveyed to the clients' through the salespeople's clothing is part of the _____ frame of the organization.

symbolic