Project Basics Flashcards
What are the defining characteristics of a project? (Choose two.)
A. A group of related tasks
B. Temporary in nature
C. Operational activities
D. Reworking of an existing project
E. Creation of a unique product or service
B. Temporary in nature
E. Creation of a unique product or service
A project can be summarized as having the following properties: It is temporary in nature, it creates a unique product or service, it has a definite start and finish, it contains a reason/purpose, and it may be part of a program or portfolio. A group of related tasks is not necessarily a project but could be a to-do list of any kind. Operational activities are activities that take place after a project has been completed. Reworking an existing project is not creating a new product or service, and it doesn’t meet the properties of a project.
The project team is responsible for all of the following, EXCEPT
A. Providing governance on the project
B. Contributing to the deliverables according to the schedule
C. Contributing expertise to the project
D. Estimating costs and dependencies?
A. Providing governance on the project
Providing governance on the project is the responsibility of a project management office, not the project team. The project team is responsible for contributing expertise to the project, contributing deliverables according to the schedule, estimating task duration, and estimating costs and dependencies.
What is a work breakdown structure?
A. A task-oriented decomposition of a project
B. A deliverable-oriented decomposition of a project
C. A graphic representation of tasks and their sequence
D. A high-level outline of milestones on a project
B. A deliverable-oriented decomposition of a project
The work breakdown structure is a deliverable-oriented decomposition of a project. It is one of the fundamental building blocks of project planning, such as scheduling activities, and it is used as an input to numerous other planning processes.
What elements are explained in a business case?
A. Justification by identifying the organizational benefits
B. Alternative solutions
C. Alignment to the strategic plan
D. All of the above
E. A and C
D. All of the above
The business case is a written document or report that helps executive management and key stakeholders determine the benefits and rewards of the project. It can include justification, alternative solutions, and alignment to the strategic plan.
Of the following, which are considered key activities of the Monitor and Control phase?
A. Performance Measuring and Reporting
B. Develop the Quality Plan
C. Perform Quality Assurance
D. Monitor the Budget
E. Develop the Change Control Plan
F. Develop the Project Charter
A. Performance Measuring and Reporting
C. Perform Quality Assurance
D. Monitor the Budget
Performance Measuring and Reporting, Perform Quality Assurance, and Monitor the Budget are all activities associated with the Monitor and Control phase. In addition to these activities, the Monitor and Control phase includes governance activities, monitoring the risk/issues log, and administering the change control process.
What plan determines the information needs of the stakeholders, format of information delivery, delivery frequency, and the preparer?
A. Stakeholder Analysis Plan
B. Project Charter
C. Human Resources Plan
D. Communications Plan
D. Communications Plan
The Communications plan is where all of the elements of the who, what, when, where, and why of communication needs are documented.
Which type of cost estimating uses a mathematical model to compute costs?
A. Top-down estimating
B. Bottom-up estimating
C. Parametric estimating
D. Three-point estimating
C. Parametric estimating
Parametric estimating often uses a quantity of work multiplied by the rate formula for computing costs.
A project has an earned value of $2,500 and an actual cost of $2,275. The cost variance for this project would be which of the following?
A. $2,275
B. $225
C. $2,500
D. $-225
B. $225
Cost Variance is Earned Value − Actual Cost, or $2,500 − $2,275 = $225.
During an Agile daily stand-up meeting, what are three questions that are asked and answered?
A. What did I accomplish yesterday? What will I do today? What are the necessary next steps?
B. What did I accomplish today? Who will I be working with today? What obstacles are preventing progress?
C. What did I accomplish yesterday? Who will I be working with today? What obstacles are preventing progress?
D. What did I accomplish yesterday? What will I do today? What obstacles are preventing progress?
D. What did I accomplish yesterday? What will I do today? What obstacles are preventing progress?
What did I accomplish yesterday? What will I do today? and What obstacles are preventing progress? These are the three questions asked during a stand-up, or SCRUM, meeting.
Marcus works for Wigitcom, and he has been assigned to work on a project. Marcus’s regular boss pulls him back to work on assignments and will conduct his performance review. What type of organizational structure is Wigitcom using?
A. Agile
B. Functional
C. Matrix
D. Projectized
B. Functional
All of the authority in this example rests with the functional manager who is pulling Marcus back to work on other assignments rather than the project. In a functional organizational structure, resources typically report to a functional manager and the project manager has limited or no authority.
A project has a key contributor who is absent from meetings, not meeting deadlines, and affecting the morale of other individuals on a team. There is no other person within the company with the expertise needed to perform the tasks assigned to this team member. Which of the following would be the appropriate action for the project manager?
A. Bring the team member in for a counseling session.
B. Leave the employee alone and distribute work to other team members.
C. Remove the team member from the project and seek a replacement.
D. Relocate the team member to a different facility.
A. Bring the team member in for a counseling session.
In this scenario, working with the team member to get the desired result is the best course of action. Removing or replacing a team member is not always an option, and thus is incorrect.
The high-level scope definition describes which of the following?
A. High-level deliverables of the project
B. Objectives of the project
C. Reason for the project
D. All of the above
D. All of the above
The high-level scope definition is documented in the project charter, setting the big picture work that the project hopes to complete.
In what project phase are the majority of the processes and project documents created?
A. Initiation
B. Planning
C. Execution
D. Monitor and Control
E. Closing
B. Planning
The Planning phase is where the majority of the project documents get created. This is where the project goals, objectives, and deliverables are refined and broken down into manageable units of work, such as within the work breakdown structure.
Which component of the project charter describes the characteristics of the product produced by the project?
A. Project description
B. Business case
C. Deliverables
D. Quality plan
A. Project description
The project description explains the attributes of the product, service, or result of the project.
What are the three types of estimates used in three-point estimates?
A. Fastest Schedule, Least Resources, Most Desirable
B. Most Likely, Optimistic, Pessimistic
C. Most Likely, Least Resources, Fastest Schedule?
D. Fastest Schedule, Optimistic, Most Desirable
B. Most Likely, Optimistic, Pessimistic
The formula is (Most Likely + Optimistic + Pessimistic) / 3.
In what organizational structure does a project manager have the most limited authority?
A. Weak-matrix
B. Projectized
C. Strong-matrix
D. Functional
D. Functional
In a functional organization, the authority resides with the functional manager, not the project manager.
A building project requires the following steps: construction, purchasing the build site, blueprinting, and inspection. Purchasing the build site has what relationship to construction?
A. It is a successor task.
B. It is a mandatory task.
C. It is a predecessor task.
D. It is a discretionary task.
C. It is a predecessor task.
The purchasing of the build site must occur before the construction activity begins.
Which of the following is the form in which project schedules are typically displayed?
A. PERT
B. Calendar
C. Gantt chart
D. Pareto chart?
C. Gantt chart
The Gantt chart is a type of bar chart that shows task duration and dependencies.
In what project phase is the influence of stakeholders the least effective?
A. Initiation
B. Planning
C. Execution
D. Monitor and Control
D. Monitor and Control
While stakeholders start out with a lot of influence, it decreases as the project advances because the execution of the project solidifies deliverables at the expense of stakeholders being able to change their minds.
When the project team is dependent on an entity outside the organization, like a product vendor delivering equipment, this is known as what type of dependency?
A. Discretionary
B. Mandatory
C. External
D. Financial
C. External
An external dependency is where an entity or condition outside of the project drives the scheduling for that task.
Which conflict resolution technique produces a win-lose result for the parties?
A. Forcing
B. Confronting
C. Avoiding
D. Attacking
A. Forcing
This is where one party gets their way, and the other party’s interest is not represented.
A project has task A, which will take 2 days; task B, which will take 3 days, task C, which will take 2 days; task D, which will take 2 days; and task E, which will take 3 days. Task A is a predecessor for task B and for task C. Task C is a predecessor for task D. Both task B and task D are predecessors for task E.
What is the task sequence for the critical path?
A. A => B => E
B. A => B => C => D => E
C. A => B => D => E
D. A => C => D => E
D. A => C => D => E
A => C => D => E. The critical path has task A (2 days), task C (2 days), task D (2 days), and task E (3 days) for a total of 9 days.
All of the following are aspects of an Agile sprint, EXCEPT
A. It is limited to a timeframe such as two weeks.
B. A planning meeting is held to figure out what the team can accomplish.
C. A small feature set is taken to completion.
D. The team works at an incredible pace for the entire time.
D. The team works at an incredible pace for the entire time.
There is no heroic effort that occurs during an Agile sprint, which is a short burst of activity on a project focusing on a few tasks and working them to a completed state.
April works for Wigitcom and has recently been assigned to a project. She was given assignments from both her functional manager and the project manager, but was directed to do the project work. When April requested leave, it was granted by her functional manager, but then denied by the project manager. What type of organizational structure is Wigitcom using?
A. Projectized
B. Strong-matrix
C. Balanced-matrix
D. Weak-matrix
B. Strong-matrix
In this scenario, all of the power and authority are present with the project manager and not the functional manager, which is indicative of a strong-matrix organizational structure.