- A project is a time-bound effort constrained by performance specifications, resources, and budget to create a unique product or service.
True
2. Operations consist of the ongoing work needed to ensure that an organization continues to function effectively.
True
3. A project manager needs to be concerned with achieving desired scope and quality (often called performance), subject to constraints of time and cost.
True
4. Many different project life cycle models are used for different types of projects, such as information systems, improvement, research and development, and construction.
True
5. Generally,the pace of work and amount of money spent remains consistent from one life cycle stage to another.
False
6. The name and number of phases in a project life cycle are determined by the organization(s) involved in the project.
True
7. 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
8. The only critical measures of project success are completing the project on schedule and on budget.
False
9. In agile projects, the customer representative role is passive, and their involvement is typically limited to the early stages of the project.
False
10.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
11. Which of the following examples is NOT a typical or appropriate situation to employ project management?
processing deposits and withdrawals in a bank
12. In an adaptive or change – driven project life cycle:
early results lead into planning later work
13. Which of the following statements correctly describes project management?
Project management uses knowledge, skills, tools and techniques to meet stakeholder needs and expectations
14. 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.
15. 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
16. Achieving project success is determined by all of the following EXCEPT:
involving only important key stakeholders
17. Projects are considered successful for all of the reasons below EXCEPT:
the team has used heroics to meet project objectives
18. Project failure can result from all of the following causes EXCEPT:
adequate support from executive management
19. A project manager in agile projects who serves and leads in a collaborative, facilitating manner is called a:
scrum master
20. From an agile project management perspective, which of these constraints are considered to be fixed?
Resources and schedule
chapter-2-assignment
1. The first part of setting strategic direction for an organization is to analyze the external and internal environments by preparing a SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis. Once the SWOT is complete, the next step is to create a clear and compelling statement describing the inspirational long-term desired change resulting from an organization’s work, called a __________.
Vision Statement
2. All of these would typically be included in a mission statement EXCEPT:
Organization’s financial goals
3. In the Build Green Home example of a SWOT analysis, factors including existing thinking on green building and its niche focus, building schedule, and community (location) rumors are all examples of __________.
Threats
4.The most widely accepted financial model for selecting projects is _________:
Net Present Value (NPV)
5. Which of these is NOT a disadvantage of using a financial model for project evaluation and selection?
Use of financial models ensures that selected projects make sense from a cost and return on investment perspective.
6. All of these are advantages of using a scoring model for selecting projects EXCEPT:
By comparing expected project costs to expected benefits, scoring models can be used to make project investment decisions.
7. Which of these is NOT an example of types of projects that the organization might include in their portfolio of projects?
Projects with positive and negative net present value (NPV)
8. Who should be involved in identifying potential projects?
Employees at all Levels
9. Examples of these types of project selection criteria include government regulations and clear safety or security situations.
Mandatory criteria
10. In a project scoring model, each decision criterion is given a __________.
Relative weight
11. The benefit of performing a sensitivity analysis while using a scoring model to choose projects is:
It allows management to examine what would happen to a decision if factors were to change
12. If several projects have close scores as the result of a scoring model, what can be done to break the virtual tie?
Perform a sensitivity analysis to examine what would happen to the decision if factors changed
13. Contractor companies might perform a quick SWOT analysis prior to bidding on a potential project, including all of the considerations below EXCEPT:
Weighted score for the project
14. Source selection criteria for selecting a contractor might include: production capacity, business size and type, past performance, and references. These are all examples of typical criteria within which category?
Operational
15. Which of these would NOT be one of the things that may be negotiated between a client company and a contractor company?
Source selection criteria
chapeter-3test
1. The project charter serves as a formal legal contract between the project team and the project sponsor.
False
2. 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
3. A charter can be used to quickly screen out obviously poor projects.
true
4. A project charter can vary in its length from one-page to multiple pages, depending on the size and complexity of the project.
true
5. 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
6. The project business case provides a high-level description of what the project will accomplish and how it will be done.
false
7. 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
8. A key concept in agile projects is that something of value will be delivered at each iteration.
true
9. 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
10. 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
11. The project charter grants the project team the right to:
create a detailed project plan
12. The project charter serves all of the following purposes EXCEPT:
describes skill sets needed for the project
13. During iteration planning in an agile project, agreement is reached regarding:
the definition of done.
14. Which of the following charter elements defines the project purpose and justifies the necessity of the project?
business case
15. The milestone schedule in the project charter:
is a high-level plan that indicates a few significant accomplishments anticipated over the life of the project
16. Project charters typically include all of the following elements EXCEPT:
detailed resource requirements
17. 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 increase team effectiveness and ensure that all parties are aware of what is expected
18. A project sponsor is wise not to sign a project charter authorizing work until the project manager and team show that they have ____:
reviewed lessons learned from recently completed projects in order to avoid similar mistakes
19. Which of the following statements accurately describes the responsibilities typically associated with the development of the project charter?
more often than not, the project manager writes the draft project charter
20. 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
Chapter 3 Assignment
1. What is the definition of a project charter?
A short document that grants the project team the right to continue into the more detailed planning stages of the project.
2. All of the statements below accurately describe what an effective project charter should accomplish, EXCEPT:
Provides the detailed project scope, schedule and budget to be completed by the team
3. A project charter is similar to a contract in many ways, but there are some differences between the two documents. How are project charters different from contracts?
One party cannot arbitrarily change a contract, whereas the project sponsor does have the authority to change the charter
4. The right length for a typical project charter is generally _________.
1 to 4 pages
5. The signing of the project charter marks the transition between which two phases of the project life cycle?
Initiating and Planning
6. The rough draft of the project charter is typically written by _______.
The project manager
7. This element of the project charter can be considered to define the project boundaries – it states what is included and what is not included, at a fairly high level.
Scope Overview
8. This is defined as an incremental increase in the work of a project without corresponding adjustments to resources, budget or schedule.
Scope creep
9. Adding a background section to a project charter would be helpful in what way?
The background statement provides more detail to understand the rationale and purpose behind the Scope Overview and the Business Case statements.
Three to Eight
11. All but one of these is a type of resource that might be included in the Resources Needed section of the charter. Which type of resource would typically NOT be included?
office supplies
12. Which of these is NOT one of the three reasons that project managers and teams should look at risk when creating the project charter?
It is important for the project manager and team to identify all risks to the project during the creation of the charter.
13. What are the four columns in a milestone schedule?
milestone, completion date, stakeholder judge, acceptance criteria
14. With whom may the project manager and team need to negotiate when creating the charter?
Sponsor
15. In the Scheduling Options section under the Schedule file tab, changing the “new tasks created” option to _____________ will cause the program to calculate the projects’ running schedule based on task start and finish dates.
Auto Scheduled
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