MAN4583 Practice Tests

The project life cycle where project teams plan in short bursts (generally of one to four weeks), often called sprints or iterations, is referred to as _________:

Adaptive, change-driven project life cycle

This document summarizes why the project is important by describing the benefits of a selected component, and is used as a basis for authorizing further project management activities:

Business Case

In order to be successful, the project team must be able to assess the needs of stakeholders and manage their expectations through effective communications. At the same time they must balance competing demands among project scope, schedule, budget, risk, quality, and resources, which are also known as project _____?

Constraints

Which of the following roles and attributes do NOT describe the core team members on a project?

Core team members join the project on a temporary basis to perform specific project activities as necessary.

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

Do teams and individuals follow instructions well?

Which of the following statements concerning strategic analysis is true?

External analysis focuses on the threats and opportunities facing the organization.

A business case is a brief narrative description of products, services, or results to be supplied by the project.

False

A form of matrix organization in which the functional manager and project manager have equal amounts of power is called a weak matrix.

False

Because the specific projects within them are of limited duration, programs themselves are temporary.

False

Communications Management, one of the ten PMBOK Guide Knowledge Areas, entails the processes to identify the people, groups, or organizations, that could impact or be impacted by the project, analyze their expectations and impact, and develop strategies for engaging them in project decisions and execution.

False

Generally,the pace of work and amount of money spent remains consistent from one life cycle stage to another.

False

In a projectized organization the functional manager has complete, or very close to complete, power over the project team.

False

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

False

Team members on agile projects need strong direction from the sponsor and project manager.

False

The Project Management Office (PMO) is comprised of the top leader in the organization (CEO or other officer) and his or her direct reports.

False

The internal part of strategic analysis (elements within the project team's control) consists of asking what opportunities and threats are posed by competitors, suppliers, customers, regulatory agencies, technologies and so on.

False

The only critical measures of project success are completing the project on schedule and on budget.

False

The project business case provides a high-level description of what the project will accomplish and how it will be done.

False

The project charter serves as a formal legal contract between the project team and the project sponsor.

False

The project master network is a high-level plan that indicates a few significant accomplishments that are anticipated over the life of the project.

False

The vision statement should present a positive, inspiring and vivid description of the organization as it currently exists.

False

Which of the following statements regarding project life cycles is most accurate?

Many different project life cycle models are used for different types of projects.

Team operating principles are sometimes included in a project charter to enhance team performance. Which of the following statements accurately describes the value of establishing team operating principles?

Operating principles that address the conduct of meetings and how decisions are made are especially useful in helping the team get off to a good start.

Which of the following statements correctly describes a weakness associated with the financial project selection model?

Payback period models do not consider the profit to be realized after the costs are paid.

All of the following statements concerning project portfolios are true EXCEPT:

Portfolios cannot include operations and programs

Projects pass through a series of phases as they move from initiation to project closure. The names and number of these phases can vary significantly depending on the organization, the type of application, industry, or technology employed. These phases create the framework for the project, and are referred to collectively as the ________.

Project Life Cycle

Which project role provides resources or support for the project, promotes and protects the project at higher levels of management, and takes an active role in the project from the chartering stage through project closure?

Project Sponsor

Which of the following statements correctly describes project management?

Project management uses knowledge, skills, tools and techniques to meet stakeholder needs and expectations

From an agile project management perspective, which of these constraints are considered to be fixed?

Resources and schedule

Which PMBOK® Guide Knowledge Area includes those processes required to ensure that the project includes all the work required, and only the work required, to complete the project successfully?

Scope Management

Which of the ten knowledge areas defined in the Project Management Body of Knowledge includes the processes required to ensure that the project includes all the work required, and only the work required, to complete the project successfully?

Scope Management

Which of the following executive roles is responsible for overall priority setting, project selection and prioritization, general guidance and encouragement?

Steering Team

Which of the following statements best describes the contemporary use of financial models and scoring models for project selection?

These methods are often used together to ensure financial and non-financial factors are both considered.

A charter can be used to quickly screen out obviously poor projects. and potential projects.

True

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

True

A portfolio is defined as "projects, programs, subportfolios, and operations managed as a group to achieve strategic business objectives"

True

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

True

A project is a time-bound effort constrained by performance specifications, resources, and budget to create a unique product or service.

True

A project manager demonstrates integrity in ways that include making honest decisions, protecting people, defending core values, leading major change, showing respect, establishing a culture of honesty, and displaying total commitment to project and people.

True

A project manager needs to be concerned with achieving desired scope and quality (often called performance), subject to constraints of time and cost.

True

A well-written business case should persuade decision-makers to support the project and inspire the project team members and key stakeholders to work hard towards successful completion of the project.

True

During project charter creation there is typically a very general understanding of the project, so any budget included is approximate and should be called a preliminary budget with a corresponding confidence level for this estimate.

True

If the project scope is hard to define early in the project and/or much change is expected, an Agile project management approach often works better.

True

In "personal cultures" people display an attitude that collaboration is satisfying and stimulating.

True

In a functional organization workers can learn readily from others in their discipline and keep their skills sharp.

True

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

True

In contrast to a legal contract, the parties to a signed project charter feel obligated to the spirit (as opposed to the letter) of the charter since the project details have not yet been worked out and the specifics will certainly change.

True

Many different project life cycle models are used for different types of projects, such as information systems, improvement, research and development, and construction.

True

None of the financial project selection models ensure alignment of the project with an organization's strategic goals.

True

Operations consist of the ongoing work needed to ensure that an organization continues to function effectively.

True

Organizational culture consists of values, social rituals, symbols, work ethics, organizational behavior, beliefs, and practices that are shared among members of the organization and are taught to new members.

True

Payback period models do not consider the amount of profit that may be generated after the costs are paid.

True

Risks, assumptions and constraints are included in the project charter so that key participants will be aware of what could prevent them from successfully completing the project.

True

Scoring models are most useful when there are multiple projects and several criteria to be considered.

True

Strategic objectives are the means of achieving the mission and vision, and should provide focus on decisions regarding which projects to select and how to prioritize them.

True

The ideal time to on-board core team members is when the project charter is being written

True

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

True

When a contractor seeking external projects prepares to submit a proposal, it is really conducting a small project with the primary deliverable of the project being a compelling and complete proposal.

True

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

True

Which of the following is an advantage associated with managing projects in a functional organization?

Unity of command - all workers understand clearly what they need to do because only one "boss" is giving them instructions.

All of the following are advantages associated with managing projects in a projectized organization EXCEPT:

Workers know they will still have a job when they finish work on a project.

In agile projects, overall planning is at a high level, and only the near-term work is planned in detail. The project work is conducted in iterations (sprints) that are normally:

a fixed length of two or four weeks

A project sponsor is wise not to sign a project charter authorizing work until the project manager and team show that they have ____:

a. reviewed lessons learned from recently completed projects in order to avoid similar mistakes.

Project failure can result from all of the following causes EXCEPT:

adequate support from executive management

To be effective, a project manager needs to possess all of the following competencies except ____.

authority—power or right granted by the organization

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

business case

The project charter grants the project team the right to:

create a detailed project plan

The project charter serves all of the following purposes EXCEPT:

describes skill sets needed for the project

Based on PMI's definition, which of these is a good example of a project?

designing and launching a new website

Project charters typically include all of the following elements EXCEPT:

detailed resource requirements

The two traditional project management associate-level roles are different in each of the following ways except ____.

duration of time spent on project

In an adaptive or change - driven project life cycle:

early results lead into planning later work.

A freelance project manager is brought in by Company X to lead a large, expensive project. This project manager has excellent leadership skills and a strong technical understanding of the project. In order for her to optimize every component of the Talent Triangle, what might be a good activity for the project manager at the start of her time with Company X?

familiarize herself with the long-term objectives of Company X

Achieving project success is determined by all of the following EXCEPT:

involving only important key stakeholders

The milestone schedule in the project charter:

is a summary-level schedule that identifies significant points or events in the project (X),

On agile projects the first iteration is planned as a milestone with acceptance criteria. However, subsequent milestones and acceptance criteria are determined on a ___:

just in time (JIT) basis

Some organizational culture characteristics make project success more likely. These characteristics include all of the following EXCEPT:

lack of appreciation for project management

Portfolio management helps an organization achieve its strategic goals in all of the following ways EXCEPT:

managing ongoing projects

Which of the following organizational structures runs contrary to the unity of command principle - that each employee works for a single supervisor?

matrix organization

________ between a client company and a contractor company should aim at a win-win solution, and the outcome must benefit both the parties involved.

negotiations

Which of the following examples is NOT a typical or appropriate situation to employ project management?

processing deposits and withdrawals in a bank

A clear and compelling vision will have all the following characteristics EXCEPT:

provides detailed roadmap for managing a project

A project manager in agile projects who serves and leads in a collaborative, facilitating manner is called a:

scrum master

In agile projects, the individual who leads in a collaborative manner by guiding teams and removing obstacles to their progress is called the:

scrum master

Which of the following responses most accurately depicts the correct sequence of activities in the strategic planning process?

strategic analysis - guiding principles - strategic objectives - flow-down objectives

When trying to understand a corporate culture, it is helpful to understand the types of power that are used. In "power cultures":

supervisors exert a great deal of economic and political power.

During iteration planning in an agile project, agreement is reached regarding:

the definition of done.

Which of the following statements accurately describes the responsibilities typically associated with the development of the project charter?

the project manager and team typically prepare the majority of the rough draft for the project charter (X),

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

the team has used heroics to meet project objectives

In Adaptive Life Cycles (change-driven or agile methods) ___.

the time and cost are fixed, but the scope is developed iteratively

When would a predictive project life cycle be the preferred approach?

when the product to be delivered is well understood