question

Project managers must take adequate time to identify, understand, and manage relationships with all project stakeholders.

answer

true

question

The Adaptive Software Development (ASD) life cycle model assumes that software development follows an adaptive approach because the requirements cannot be clearly expressed early in the life cycle.

answer

true

question

Corrective actions reduce the probability of negative consequences associated with project risks, while preventive actions should result in improvements in project performance.

answer

false

question

The DMAIC (Define, Measure, Analyze, Improve, and Control) methodology of the Six Sigma projects, is used to improve an existing business process.

answer

true

question

A Gantt chart is the same as a project management plan.

answer

false

question

Decisions and actions taken in one knowledge area at a certain time rarely affect other knowledge areas.

answer

false

question

Systems analysis addresses the business, technological, and organizational issues associated with creating, maintaining, and modifying a system.

answer

false

question

Project procurement management primarily involves identifying stakeholder needs while managing their engagement throughout the life of the project.

answer

false

question

In order to be realistic, a project manager should always set discrete goals instead of a range of objectives.

answer

false

question

Opponents of a project do not belong to the category of stakeholders.

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

Maturity models, statistical methods, and test plans are examples of tools used in quality management.

answer

true

question

Project managers must have cooperation from people in other parts of the organization.

answer

true

question

Monitoring and controlling processes overlap all of the other project management process groups.

answer

true

question

As projects progress, the organization must reevaluate the need, funding, and will for each project to determine if the project should be continued, redefined, or terminated.

answer

true

question

Projects that arise as a result of problems and directives must be resolved quickly to avoid hurting an organization's business.

answer

true

question

The nature of hardware development projects is more diverse than software-oriented projects.

answer

false

question

Most colleges and universities have very strong functional organizations.

answer

true

question

Information systems can help an organization support a strategy of being a low-cost producer.

answer

true

question

It is mandatory for project managers working on large information technology projects to be experts in the field of information technology.

answer

false

question

An organization should consider only projects with a negative NPV if financial value is a key criterion for project selection.

answer

false

question

In project integration management, directing and managing project execution involves carrying out the project management plan by performing the activities included in it.

answer

true

question

An organizational culture with strong unit integration makes the project manager's job more difficult

answer

false

question

Earned value management is a tool primarily used in human resource management.

answer

false (Project budgets, net present value, return on investment, payback analysis, and earned value management are tools used in cost management.)

question

Until the 1980s, project management primarily focused on providing schedule and resource data to top management in the military, computer, and construction industries.

answer

true

question

It is much more expensive to make major changes to a project during the earlier phases.

answer

false

question

Good project managers assume that their definition of success is the same as the sponsors.

answer

false

question

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

answer

false

question

An annual discount factor is a multiplier for each year based on the discount rate and year.

answer

true

question

The pre-initiation phase of a project using the Scrum method does not involve project charters, stakeholder management strategy, and kick-off meetings.

answer

false

question

Agile methods comprise of 45 subprocesses which are organized into eight process groups.

answer

false ( All agile methods include an iterative workflow and incremental delivery of software in short iterations.)

question

Some organizations initiate projects using a contract in place of a project charter.

answer

true

question

The number of interfaces in a single project is limited, and does not depend on the number of people involved in the project.

answer

false

question

Effective program managers recognize that managing a project is much more complex than managing a program.

answer

false

question

Organizational process asset updates are an important output of the closing process of a project.

answer

true

question

Payback period is the amount of time it will take to recoup, in the form of net cash inflows, the total dollars invested in a project.

answer

true

question

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

answer

false

question

Project managers in matrix organizations have staff from various functional areas working on their projects.

answer

true

question

One of the main reasons why project management is challenging is because of the factor of uncertainty

answer

true

question

Project managers should lead projects in isolation in order to truly serve the needs of the organization.

answer

false

question

The only responsibility of a project manager is to meet the specific scope, time, and cost goals of a project.

answer

false

question

The same organization can have different subcultures

answer

true

question

Initiating and closing tasks are usually the longest and require the most amount of resources and time.

answer

false

question

The kick-off meeting is always held before the business case and project charter are completed.

answer

false

question

Identifying the project sponsor is a pre-initiation task.

answer

true

question

A SWOT analysis, being a linear process, cannot be performed using the nonlinear mind mapping technique.

answer

false

question

Every project should have a well-defined objective.

answer

true

question

The two main items for monitoring and controlling in the Scrum framework are the dailyScrum and the sprint retrospectives.

answer

true

question

Resources in a project should be used effectively because they are limited.

answer

true

question

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

answer

true

question

Initiating processes are not required to end a project.

answer

false

question

The introduction of new software makes basic tools, such as Gantt charts and network diagrams, inexpensive and easy to create

answer

true

question

The WBS provides a basis for creating the project schedule and performing earned value management for measuring and forecasting project performance.

answer

true

question

Which of the following is true of a matrix organizational structure?

answer

In a strong matrix organizational structure, the project manager controls the project budget and has moderate to high authority.

question

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

answer

initiating

question

In the _____ stage of selecting information technology projects, organizations select information technology projects.

answer

resource allocation

question

A project's internal rate of return can be determined by finding what discount rate results in an NPV of ____ for the project.

answer

zero

question

____ analysis is a method of calculating the expected net monetary gain or loss from a project by discounting all expected future cash inflows and outflows to the present point in time.

answer

Net present value

question

A _____ is a tool used in quality management.

answer

checklist

question

In the development phase of the project life cycle:

answer

the project team creates more detailed project plans, a more accurate cost estimate, and a more thorough WBS.

question

The _____ is the minimum acceptable rate of return on an investment.

answer

required rate of return

question

The _____ frame of an organization focuses on providing harmony between the needs of the organization and the needs of people.

answer

human resources

question

Grey's Infotech sells customized hardware and software solutions for businesses. The salespeople for Grey's have a strict dress code when meeting clients. They are required to wear dark business suits, in order to convey the company's dedication to quality. The meaning conveyed to the clients' through the salespeople's clothing is part of the _____ frame of the organization.

answer

symbolic

question

The project integration management knowledge area maps to the _____ process group through the activities of developing project charters.

answer

initiating

question

Joe is a project manager in an IT company and has over the years, gained substantial knowledge in his area of work. However, while managing his team, he often loses his temper. In addition, he fails to be an active listener when his team members approach him with work related challenges. In which of the following areas does Joe need to develop his skills in?

answer

Human relations skills

question

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

answer

time

question

Which of the following project parameters would be compatible with the use of the agile approach?

answer

Projects that have more flexible scheduling

question

The _____ stage of information technology planning outlines business processes that are central to achieving strategic goals and helps determine which ones could most benefit from information technology.

answer

business area analysis

question

The project time management knowledge area maps to the _____ process group through the activity of schedule control.

answer

monitoring and controlling

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

The outputs of the _____ process include change request status updates, project management plan updates, and project document updates.

answer

monitoring and controlling

question

Which of the following refers to a set of principles that guides decision making based on personal values of what is considered right and wrong?

answer

ethics

question

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

answer

sprint reflection meeting

question

The _____ model of a systems development life cycle assumes that requirements will remain stable after they are defined.

answer

waterfall life cycle

question

The first step in determining the NPV is to _____.

answer

...

question

Examples of _____ processes include acquiring and developing the project team, performing quality assurance, distributing information, managing stakeholder expectations, and conducting procurements.

answer

executing

question

Which of the following tools can best help in efficient communication management?

answer

Kick-off meetings

question

In organizational culture, control refers to _____.

answer

the degree to which rules, policies, and direct supervision are used to oversee employee behavior

question

In the _____ model, developers use a model to generate functional requirements and physical design specifications simultaneously.

answer

prototyping life cycle

question

management?

answer

Project management addresses specific, short-term goals whereas portfolio management focuses on long-term goals.

question

Which of the following types of tools is usually recommended for small projects and single users?

answer

Low-end

question

Organizational process assets update is the output of the closing process of _____.

answer

project integration management

question

The role of a _____ is to provide direction and funding for a project.

answer

project sponsor

question

Which of the following is a difference between projects and operations?

answer

Projects are temporary endeavors whereas an organization's operations are ongoing in nature.

question

The project schedule information section of the project management plan includes ____.

answer

an elaborate timetable

question

____ is a planning process that is within the Project Scope Management knowledge area.

answer

Creation of a WBS

question

Which of the following best describes outsourcing?

answer

An organization's acquisition of goods and services from an outside source

question

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

answer

Initiating

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