Management 1

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You are the project manager for your organization and are coaching Sam on the differences between a project and operations. Which one of the following is the best definition of a project?

A project is a short-term endeavor to create a unique product or service.

Of the following, which one best describes a project stakeholder?

Any individual, group, organization, or even community that is affected by project activities

Which of the following questions reflect the strategic goals of project portfolio management?

Are we investing in the right areas?

A _____ is a tool used in quality management.

Checklist

You are the project manager of the NHQ Project and are working with several stakeholders to create the project scope. The stakeholders have agreed that the project must be completed by December 20 and should not cost more than $750,000. The budget and delivery date were decided by the stakeholders before the project scope has been finalized. What are the schedule and budget factors considered?

Constraints

Earned value management is a tool primarily used in human resource management.

False

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

False

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

False

In order to be realistic, a project manager should always set discrete goals instead of a range of objectives.

False

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

False

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

False

Managing the triple constraint primarily involves making trade-offs between resources and quality.

False

Responsibility assignment matrices and project organizational charts are examples of tools used in procurement management.

False

The importance of stakeholders' needs and expectations is limited to the beginning of a project.

False

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

False

Team building exercises and motivation techniques are tools used in _____ management.

Human Resources

Which of the following statements is true of project management?

It does not guarantee successes for all projects.

Which of the following provides certification as a Project Management Professional?

PMI

A _____ is an organizational group responsible for coordinating the project management function throughout an organization.

Project Management Office (PMO)

Which of the following project management knowledge areas primarily involve generating, collecting, disseminating, and storing project information?

Project communications management

Often in a project there are trade-offs between stakeholders and the project deliverables. Which one of the following is not part of the Iron Triangle?

Quality

Project _____ management ensures that the project will satisfy the stated or implied needs for which it was undertaken.

Quality

In order to achieve quality in the project, you must balance the Iron Triangle of Project Management. Which one of the following is not a component of the Iron Triangle of Project Management?

Risk

In order to achieve quality in the project, you must balance the Iron Triangle of Project Management. Which one of the following is not a component of the Iron Triangle of Project Management?

Risks

The question, "What unique product does the customer expect from the project?" is an example of a(n) _____ constraint.

Scope

Which of the following best defines the role of leaders?

They inspire people to reach goals.

Every project should have a well-defined objective.

True

Program managers are change agents.

True

Project human resource management is concerned with making effective use of the people involved with a project.

True

Project managers work with the project sponsors to define success for particular projects.

True

Resources in a project should be used effectively because they are limited.

True

The introduction of new software makes basic tools, such as Gantt charts and network diagrams, inexpensive and easy to create.

True

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

True

An important tool for project scope management is _____.

a work breakdown structure

A Gantt chart is a standard format for displaying project schedule information by listing project activities and their corresponding start and finish dates in a ____ format.

calendar

A critical path:

determines the earliest completion date of a project.

Steve, an engineer in a construction company, is at present working on a home construction project. The home is being built for the Robinson family, the owners of the home. Steve is working with his project team and support staff to ensure the project is completed on time. In such a scenario, the project sponsor is _____.

the Robinson family

Fast tracking is an example of a tool used in _____ management

time


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