PMP Chapters 1, 2 and 3, Framework

53. Which of the following processes are within the Initiating Process Group?

Develop Project Charter and Identify Stakeholders

2. All of the following are characteristics of a project except:

It repeats itself every month

45. The most appropriate project life cycle model for large and complex projects that need to reduce risk is:

Iterative

59. How frequently in the project life cycle are processes in the Planning Process Group typically carried out?

Iteratively and ongoing

38. What type of project benefits the most from being divided into phases?

Large, complex projects

55. Processes in the Initiating Process Group, such as creating the project charter, may be completed at the organizational level. This would place that process outside of the project's:

Level of control

37. At the start of a typical project life cycle, costs and staffing levels are:

Low, peak as work is carried out, and drop as the project nears the end

73. A ________________________ is a complete set of concepts, terms, and activities that make up an area of specialization.

A Knowledge Area

67. Which of the following is an example of work performance data?

Actual project costs

44. The most appropriate project life cycle model for an environment with a high level of change and extensive stakeholder involvement in projects is:

Adaptive (change-driven or agile)

30. Which of the following is an example of a stakeholder?

All individuals listed are stakeholders B: Business partner C: Project team member D: Sponsor

48. Project management processes are:

Applied globally and across all industry groups

56. Which of the following activities or events does not occur within the Executing Process Group?

Authorizing the project

50. In what way are Project Management Process Groups linked?

By the outputs they produce

21. Which of the following is a characteristic of a project coordinator?

Can make some decisions, has some authority, reports to a higher-level manager

66. Which process group contains the processes performed to finalize all activities?

Closing Process Group

33. How often should the process of identifying stakeholders in a project occur?

Continuously

61. Which process occurs within the Monitoring and Controlling Process Group?

Control Cost

63. Which process occurs within the Monitoring and Controlling Process Group?

Control Procurements

57. Which of the following actions take place in the Executing Process Group?

Coordinate resources; complete project work

27. _______________________________ is made up of databases containing information such as financial records about a project or lessons learned.

Corporate Knowledge Base

24. Organizational process assets can be divided into which of the following two categories?

Corporate knowledge base and enterprise environmental factors

69. Which of the following is an example of work performance reports?

Electronic dashboards

28. Marketplace conditions, stakeholder risk tolerances, and political climate are all examples of:

Enterprise environmental factors

68. Which of the following is an example of work performance information?

Forecasted estimates to complete the project

10. Why is the ability to balance competing project constraints such an important skill for the Project Manager?

If any one constraint is changed, it may impact other constraints

A project manager that overlooks negative stakeholders risks a/an:

Increased likelihood of project failure

54. The internal and external stakeholders that may interact and influence the overall outcome of the project are identified in which Process Group?

Initiating Process Group

49. What are the five Project Management Process Groups?

Initiating, planning, executing, monitoring and controlling, closing

16. Which of the following is an example of a tangible element used to calculate business value?

Monetary assets

60. Changes are managed in an integrated way in the ____________________ Process Group.

Monitoring and Controlling

75. Tracking, reviewing, and regulating the progress and performance of a project are processes that occur which Process Group?

Monitoring and Controlling

25. The plans, processes, policies, procedures, and knowledge bases specific to and used by the performing organization are referred to collectively as:

Organizational Process Assets (OPA)

26. Templates used to conduct project work are part of the company's:

Organizational Process Assets (OPA)

43. Which phase-to-phase relationship can be used to help reduce the amount of time needed to complete the project?

Overlapping relationships

34. What role does the project team play within an organization?

Perform the work of the project to achieve its objectives

58. Which Process Group and Knowledge Area includes the Develop Schedule process?

Planning Process Group; Project Time Management

6. A collection of projects, programs, sub-portfolios, and operations managed as a group to achieve strategic objectives is known as a:

Portfolio

46. The most appropriate project life cycle model where a product is required to be delivered in full to have value to stakeholder groups is:

Predictive (fully plan-driven)

8. The 47 project management processes described in the PMBOK are organized into logical groups. What term is used to refer to these groups?

Process Groups

4. A _______________________ is a group of related projects, subprograms, and program activities managed in a coordinated way to obtain benefits not available from managing them individually.

Program

14. Which of the following roles are MOST likely to identify potential conflicts between organizational strategies and project goals?

Program manager

65. Which of the following are Knowledge Areas defined in the PMBOK 5th edition?

Project Cost Management, Project Time Management, Project Quality Management

64. Which Knowledge Areas include processes from the Closing Process Group?

Project Integration Management and Project Procurement Management

7. The application of knowledge, skills, tools, and techniques to project activities to meet the project requirements is known as:

Project Management

11. How does Project Management differ from Portfolio Management?

Project Management harmonizes its projects and program components and controls interdependencies in order to realize specified benefits; Portfolio management aligns with organizational strategies by prioritizing work and selecting the most appropriate programs or projects for immediate action.

36. The basic framework for managing a project is provided by the:

Project life cycle

29. A _______________________ is an automated tool (such as a scheduling software tool).

Project management information system (PMIS)

19. Which competencies do effective project managers possess?

Project management knowledge, performance (accomplishment), and personal effectiveness

47. Effective flow of the project throughout its life cycle is achieved by using the:

Project management processes

51. Jan is studying project management processes. From her studies, Jan believes that project management processes operate as unique events with clearly defined beginnings, middles, and ends. Dorothy, Jan's mentor, explains that this is not the case at all. How would Dorothy most likely describe the way in which project management processes function in practice?

Project management processes often overlap and interact with each other

40. What name is given to a collection of logically related project activities that culminates in the completion of one or more deliverables?

Project phase

23. Which statement best describes the main difference between a matrix organization and a functional organization?

Project team members usually report to two bosses in a matrix organization - the functional manager and the project manager.

42. What are the two basic types of phase-to-phase relationships found in large, multi-phase projects?

Sequential and overlapping

15. Business value is defined as the total sum of all _______________ and _______________ elements of a business

tangible; intangible

9. The PMBOK identifies competing project constraints that a project manager must balance. Which of the items shown below is NOT one of those constraints?

Size

17. (31A.) Who is responsible for promoting, and ultimately authorizing, a new project?

Sponsor

31B. You are managing a project and have encountered a situation that you do not have the authority or resources to resolve alone. To which of the following roles/individuals would you escalate the problem?

Sponsor

41. By what name is the end point of a project phase sometimes called?

Stage gate, milestone, phase review or kill point

22. Which type of organization is more likely to have a project expediter?

Strong matrix organization

3. Which of the following are examples of something that can be created by a project? Select all that apply

Weekly meetings to identify and prioritize business needs

62. Which of the following is the key benefit of the Monitoring and Controlling Process Group?

The ability to observe and measure project performance regularly and consistently to identify variances from the project management plan

39. Which of the following statements are TRUE regarding the end of a typical project life cycle?

The cost of making changes and correcting errors typically increases.

12. When describing or defining Portfolio Management, all of the following statements are true except?

The management of the portfolio is consistent with and aligned to organizational strategies.

71. Work performance reports are:

The physical or electronic representation of work performance information compiled in project documents, intended to generate decisions or raise issues, actions, or awareness

52. In the Initiating Process Group, what occurs when the project charter is signed?

The project becomes officially authorized

35. __________________________ is the series of phases that a project passes through from its initiation to its closure. These phases help to provide better management control.

The project life cycle

20. How does the responsibility of the project manager differ from the responsibility of the functional manager?

The project manager is responsible for achieving the project objectives. The functional manager is responsible for providing management oversight for an administrative area.

74. Organizational procedures play a role within the Planning Process Group. What is that role?

They determine when project planning ends

13. Projects can intersect with operations at various points during the product life cycle. Which of the examples below is a point where such an intersection could occur?

While researching the viability of new products or services unrelated to the existing product

70. The raw observations and measurements identified during activities performed to carry out the project work is known as:

Work performance data

72. __________________________ is the name given to performance data collected from various controlling processes, analyzed in context and integrated based on relationships across areas.

Work performance information

5. Does every project result in the creation of something that is unique?

Yes; even two buildings created by the same team are exist in unique locations, were built to comply with different designs, etc

1.: A _________________ is a temporary endeavor undertaken to create a unique product, service, or result.

project