Exam 1

Question 1

Individual projects often address ____ goals, whereas project portfolio management addresses strategic goals.

Answer 1

tactical

Question 2

is the tenth project management knowledge area, according to PMI.

Answer 2

Project stakeholder management

Question 3

By the end of December, 2016 there were ____ certified project management professionals.

Answer 3

745,891

Question 4

Which of the following is considered to be a “super tool” or tool that has high use and high potential for improving project success?

Answer 4

lessons-learned reports

Question 5

A ____ is defined as projects, program, subsidiary portfolios, and operations managed as a group to achieve strategic objectives.

Answer 5

portfolio

Question 6

The project management framework includes five process groups and ten

Answer 6

knowledge areas

Question 7

Conducting work in a(n) ____ manner helps the profession earn the confidence of the public, employers, employees, and project team members

Answer 7

ethical

Question 8

What is the popular certification program called that the Project Management Institute provides?

Answer 8

Project Management Professional (PMP)

Question 9

The CHAOS studies defined project success based on

Answer 9

meeting scope, time, and cost goals

Question 10

Between 2010 and 2020, ___ new project management roles will be created globally.

Answer 10

15.7 million

Question 11

is the result of subtracting the project costs from the benefits and then dividing by the costs

Answer 11

Return on investment - ROI

Question 12

You can establish minimum scores or ____ when using a weighted scoring model.

Answer 12

thresholds

Question 13

The last step in the four-stage planning process for projects is

Answer 13

resource allocation

Question 14

A project in the ____ category must be accomplished to run the business.

Answer 14

core

Question 15

The first step in the four-stage planning process for projects is

Answer 15

strategic planning

Question 16

Which of the following is not a major benefit of grouping projects into programs?

Answer 16

increasing revenues

Question 17

You calculate cash ____ by subtracting costs from benefits, or expenses from income.

Answer 17

flow

Question 18

What does the S stand for in a SWOT analysis

Answer 18

strengths

Question 19

In contrast to the traditional, top-down planning approach, an _____ planning approach is much more flexible.

Answer 19

agile

Question 20

A college approved a project to provide discounts for faculty, students, and staff to use the city’s new light-rail system. Under what existing program might this project naturally fit?

Answer 20

transportation program

Question 21

What is a crucial part of the project charter—a section in which key project stakeholders acknowledge their agreement on the need for the project?

Answer 21

sign-off

Question 22

Which of the following is recommended in this text but is not an output of initiating in the PMBOK® Guide, Sixth Edition

Answer 22

kick-off meeting

Question 23

In which of the five project management process groups is the most time and money usually spent?

Answer 23

executing

Question 24

In Phase I of the Just-In-Time Project, Kristin estimated that the project would have a ____ percent discounted return on investment and payback in the second year after implementing the new training program

Answer 24

27

Question 25

is the leading agile development model for completing projects with a complex, innovative scope of work

Answer 25

scrum

Question 26

Preparing a stakeholder register and performing a stakeholder analysis are part of which knowledge area?

Answer 26

project stakeholder management

Question 27

In which knowledge area do the best or alpha project managers spend almost twice as much time as typical project managers?

Answer 27

Planning

Question 28

A ____________ describes how things should be done

Answer 28

process

Question 29

For a large training project, there is often a(n) ____ project done first before investing in a larger project

Answer 29

study

Question 30

What document provides justification for investing in a project

Answer 30

business case

Question 31

High level items in a WBS are broken down or _______ into smaller tasks

Answer 31

decomposed

Question 32

Which of the following is not part of a scope baseline

Answer 32

work package

Question 33

A WBS _____ is a document that describes the deliverables on the WBS in more detail.

Answer 33

dictionary

Question 34

Project scheduling software uses the ____ format to represent the WBS

Answer 34

tabular

Question 35

________ are conditions or capabilities that must be met by the project or present in the product, service, or result to satisfy an agreement or other formally imposed specification

Answer 35

Requirements

Question 36

A project management plan is the main output of the project ________ knowledge area

Answer 36

Integration

Question 37

A _____________ is a table that lists requirements, various attributes of each requirement, and the status of the requirements.

Answer 37

requirements traceability matrix

Question 38

Project ____ management involves coordinating all the project management knowledge areas throughout a project’s life span.

Answer 38

integration

Question 39

Scope statements should include, at a minimum, a product scope description, product user acceptance criteria, and detailed information on all project ____

Answer 39

deliverables