MIS 573
Earned value management is a tool primarily used in resource management.
False
Effective program managers recognize that managing a project is much more complex than managing a program.
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. True False
False
Opponents of a project do not belong to the category of stakeholders. True False
False
Project procurement management primarily involves identifying stakeholder needs while managing their engagement throughout the life of the project. True False
False
Questions about how a team will track schedule performance is related to a project's scope. True False
False
Responsibility assignment matrices and project organizational charts are examples of tools used in procurement management.
False
The enterprise project management software, which aids project and portfolio management, is a low-end tool.
False
Stakeholder analyses, work requests, and project charters are tools used in integration management. True False
True
The introduction of new software makes basic tools, such as Gantt charts and network diagrams, inexpensive and easy to create.
True
Maturity models, statistical methods, and test plans are examples of tools used in quality management.
True
A project's stakeholders include its customers, users, and suppliers. True False
True
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 line graph bar graph pie chart
a
A _____ is an organizational group responsible for coordinating the project management function throughout an organization. Project Management Office Project Management Professional Project Management Center Portfolio Group
a
Fast tracking is an example of a tool used in _____ management. schedule quality communication risk
a
Galaxy, a construction company, buys a particular brand of tiles manufactured by Tiles and Floors, an eco-friendly tile manufacturing company. However, Tiles and Floors has declared bankruptcy and closed down. At present, Galaxy is facing a crisis because there are no other manufacturers in the market that supplies eco-friendly tiles. Which constraint is Galaxy currently facing? Resources Time Scope Cost
a
The role of a _____ is to provide direction and funding for a project. project sponsor project manager support staff member project team
a
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 Civics Laws Politics
a
Which tool can best help in efficient communication management? Kick-off meetings Impact matrices Requests for quotes Fast tracking
a
A _____ is a tool used in quality management. probability matrix checklist request for proposal critical path analysis
b
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? Negotiation Project environment knowledge Motivation Soft skills
b
Project procurement management mainly involves: making effective use of the people involved with the project. buying goods and services for a project from outside the performing organization. generating, collecting, disseminating, and storing project information. identifying and analyzing stakeholderneeds while managing and controlling their engagement.
b
Which knowledge area involves defining and managing all the work required to complete the project successfully? Project resource management Project scope management Project time management Project cost management
b
Which objective is true of projects? They have an indefinite beginning and end. They have a unique purpose. They are developed using regressive elaboration. They are permanent in nature.
b
In which of the following areas of management is payback analysis most likely to be used? Resource Communication Cost Quality
c
Team building exercises and motivation techniques are tools used in _____ management. procurement scope resource cost
c
Which characteristic highlights a difference between projects and operations? Projects are undertaken to sustain an organization's business whereas operations are not. Operations are undertaken to create unique products, services, or results whereas projects are not. Projects are temporary endeavors whereas an organization's operations are ongoing in nature. Operations have well-defined objectives whereas projects do not need to have a unique purpose.
c
Which of the following is true of program managers? They report to project managers who represent the next level in the hierarchy. They recognize that managing a program is simpler than managing a project. They provide leadership and direction for project managers heading the projects within a program. They are responsible solely for the delivery of project results.
c
Which of the following questions reflects the strategic goals of project portfolio management? Are we carrying out projects well? Are projects on time and on budget? Are we investing in the right areas? Do stakeholders know what they should be doing?
c
Which organization provides certification as a Project Management Professional? PMS PMC PMI PMP
c
Which project management knowledge area is an overarching function that affects and is affected by the different knowledge areas? Project cost management Project stakeholder management Project integration management Project communications management
c
Which tool is most likely to be used in project schedule management? Payback analysis Impact matrices Gantt charts Fishbone diagrams
c
A _____ is a tool used in risk management. work breakdown structure project organizational chart critical path analysis probability matrix
d
Enterprise project management software is also known as a _____ tool of project management software. baseline midrange low-end high-end
d
Joe is a project manager in an IT company and has over the years, gained substantial knowledge in his area of work. However, while managing his team, he often loses his temper. In addition, he fails to be an active listener when his team members approach him with work related challenges. In which of the following areas does Joe need to develop his skills in? Application area knowledge Project environment knowledge Standards and regulations Human relations skills
d
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 _____. Steve the support staff the project team the Robinson family
d
Which project management knowledge area ensures that the project will satisfy the stated or implied needs for which it was undertaken? Project cost management Project time management Project risk management Project quality management
d
Which project management knowledge area primarily involves generating, collecting, disseminating, and storing project information? Project cost management Project procurement management Project time management Project communications management
d
