Chapter 1

Question 1

An optimal way recognized by industry to achieve a stated goal or objective

Answer 1

Best practice

Question 2

These people can inspire others based on their enthusiasm and confidence.

Answer 2

Charismatic

Question 3

A set of principles that guide our decision making based on personal values of what is “right” and “wrong”

Answer 3

Ethics

Question 4

This leadership style is a combination of transactional, transformational, and charismatic.

Answer 4

Interactional

Question 5

This hands-off approach lets teams determine their goals and how to achieve them.

Answer 5

Laissez-faire

Question 6

A person who focuses on long-term goals and big-picture objectives, while inspiring people to reach those goals.

Answer 6

Leader

Question 7

A person who deals with the day-to-day details of meeting specific goals.

Answer 7

Manager

Question 8

A very large project that typically costs over US $1 billion, affects over 1 million people, and lasts several years.

Answer 8

Megaproject

Question 9

A framework in which portfolio, program, and project management are integrated with organizational enablers in order to achieve strategic objectives.

Answer 9

Organizational Project Management

Question 10

Projects, programs, subsidiary portfolios, and operations managed as a group to achieve strategic objectives.

Answer 10

Portfolio

Question 11

A group of related projects, subsidiary programs, and program activities managed in a coordinated manner to obtain benefits not available from managing them individually.

Answer 11

Program

Question 12

A person who provides leadership and direction for the project managers heading the projects within the program.

Answer 12

Program manager

Question 13

A temporary endeavour undertaken to create a unique product, service, or result.

Answer 13

Project

Question 14

The application of knowledge, skills, tools, and techniques to project activities to meet project requirements.

Answer 14

Project management

Question 15

Initiating, planning, executing, monitoring and controlling, and closing.

Answer 15

Project management process groups

Question 16

The person responsible for working with the project sponsor, the project team, and the other people involved in a project to meet project goals.

Answer 16

Project manager

Question 17

International professional society for project managers.

Answer 17

Project Management Institute (PMI)

Question 18

Project integration management, scope, schedule, cost, quality, human resource, communications, risk, and procurement management.

Answer 18

Project management knowledge areas

Question 19

Certification provided be PMI that requires documenting project experience, agreeing to follow the PMI code of ethics, and passing a comprehensive exam.

Answer 19

Project Management Professional (PMP)

Question 20

Methods available to assist project managers and their teams. Ex) Gantt charts, network diagrams, critical path analysis, etc.

Answer 20

Project Management Tools and Techniques

Question 21

The grouping and managing of projects and programs as a portfolio of investments.

Answer 21

Project Portfolio Management

Question 22

The person who provides the direction and funding for a project.

Answer 22

Project sponsor

Question 23

People using this approach focus on relationships and community first and leadership is secondary.

Answer 23

Servant leader

Question 24

People involved in or affected by project activities.

Answer 24

Stakeholders

Question 25

This management by exception approach focuses on achieving goals or compliance by offering team members appropriate rewards or punishment.

Answer 25

Transactional

Question 26

By working with others to identify needed changes, these leaders empower others and guide changes through inspiration.

Answer 26

Transformational

Question 27

Balancing scope, schedule and cost goals.

Answer 27

Triple constraint