question

Project human resource management is concerned with making effective use of the people involved with a project.

answer

true

question

The enterprise project management software, which aids project and portfolio management, is a low-end tool.

answer

False

question

When you separate business and organizational issues from project management planning, you do a better job of ensuring project success.

answer

False

question

The team members of a virtual team are all of the same nationality.

answer

False

question

Leadership style has no impact on the success of virtual teams.

answer

False

question

Initiating processes take place during each phase of a project.

answer

True

question

Identifying the project sponsor is a pre-initiation task.

answer

True

question

The burndown chart is a Scrum created artifact that provides a list of features prioritized by business value.

answer

False

question

The ROI is always positive.

answer

False

question

The project scope statement, stakeholder requirements documentation, and organizational process assets are the primary inputs for creating a WBS.

answer

True

question

The scope baseline in a WBS consists of the requirements documentation and enterprise environmental factors.

answer

False

question

The tasks in a WBS must be developed as a sequential list of steps.

answer

False

question

When deciding what projects to invest in or continue, one should include sunk costs.

answer

False

question

A cost management plan can include organizational procedures links, control thresholds, and process descriptions.

answer

True

question

Definitive estimates are made one year or less prior to project completion.

answer

True

question

Project procurement management mainly involves:

answer

buying goods and services for a project from outside the performing organization.

question

Fast tracking is an example of a tool used in _____ management.

answer

time

question

A _____ is an organizational group responsible for coordinating the project management function throughout an organization.

answer

Project Management Office

question

Projects must operate in a broad organizational environment, and project managers need to consider projects within the greater organizational context. _____ describes this holistic view of carrying out projects within the context of the organization.

answer

Systems thinking

question

In a _____organizational structure, program managers, rather than functional managers or vice presidents, report to the CEO. Their staffs have a variety of skills needed to complete all required tasks within their programs.

answer

project

question

_____ processes include defining and authorizing a project or project phase.

answer

Initiating

question

Developing a _____ is a planning process that occurs in the Project Integration Management knowledge area.

answer

project management plan

question

The project stakeholder management knowledge area maps to the _____ process group by identifying stakeholders.

answer

initiating

question

Which of the following is true about the agile method?

answer

It uses several iterations or deliveries of software instead of waiting until the end of the project to provide a product.

question

The improvement of the product and process in the Scrum method is discussed at the _____.

answer

sprint reflection meeting

question

Payback occurs when:

answer

the net cumulative benefits equal the net cumulative costs.

question

The business case includes information on _____.

answer

the project objective, high-level requirements, and time and cost goals

question

An IT company revises its process parameters in response to complaints from vendors that products were not ready on time. This would be an example of _____.

answer

a corrective action

question

A(n) _____ is a deliverable-oriented grouping of the work involved in a project that defines the total scope of the project.

answer

work breakdown structure

question

The _____ approach for constructing a WBS involves refining the work into greater and greater levels of detail.

answer

top-down

question

A network diagramming technique in which boxes represent activities is known as a(n) _____.

answer

PDM

question

_____ states that work expands to fill the time allowed.

answer

Parkinson's Law

question

Work performance information and cost forecasts are main outputs of the _____ process.

answer

cost control

question

Profits may be defined as:

answer

revenues minus expenditures.

question

Indirect costs are:

answer

not directly related to the products or services of a project.

question

A rough order of magnitude estimate can be referred to as a _____ estimate.

answer

ballpark

question

Analogous estimates are also known as _____ estimates.

answer

top-down

question

Which of the following is true of analogous estimates?

answer

They are most reliable when previous projects are similar in fact with current projects.

question

The budget is one of the three values of earned value management and is also known as _____.

answer

planned value

question

Which of the following is true of earned value?

answer

It is an estimate of the value of the physical work actually completed.

question

"What is the project's budget?" This is an example of a project's _____ constraint.

answer

cost

question

In the _______ phase of the project life cycle, the work is completed, and customers should accept the entire project.

answer

close-out

question

________ are new requirements imposed by management, government, or some external influence.

answer

Directives

question

A(n) _____________ is a methodology that converts value drivers, such as customer service, innovation, operational efficiency, and financial performance, to a series of defined metrics.

answer

balanced scorecard

question

A category of software that can help align projects with business strategy is called ____________________ tools.

answer

Business Service Management (BSM)

question

____________ is the tendency for project scope to keep getting bigger and bigger.

answer

Scope Creep

question

One of the first reality checks on scheduling that a project manager should make is to review the ________________.

answer

draft schedule

question

In addition to providing input for budgetary estimates, the process of _______________ provides a cost baseline.

answer

cost budgeting

question

The ____________ is the portion of the approved total cost estimate planned to be spent on an activity during a given period.

answer

planned value

question

The total direct and indirect costs incurred in accomplishing work on an activity during a given period is known as the _______________.

answer

actual cost

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