Question 1

What is a project?

Accepted Answer

The author offers a number of definition

Question 2

The emergence of global markets has made project management skills more critical.

Accepted Answer

A) True 
 B)False

Question 3

The use of benchmarking allows companies that are relatively immature at project management to achieve quantum leaps of improvement.

Accepted Answer

A) True 
 B)False

Question 4

Where in the project life cycle are the intensity level of resources and client interest at their highest? Why is this the case?

Accepted Answer

The intensity level of resources peaks d

Question 5

Which of these factors are essentially complete opposites from an intensity perspective across the project life cycle?

Accepted Answer

A)  Client Interest and Creativity 
B)  Creativity and Resources 
C)  Resources and Project Stake 
D)  Project Stake and Client Interest 
A)  Client Interest and Creativity 
B)  Creativity and Resources 
C)  Resources and Project Stake 
D)  Project Stake and Client Interest

Question 6

Pick any organization in the recent business news and provide examples of both project and process work that this company is well known for.

Accepted Answer

Examples will vary, but the project work

Question 7

A project typically has:

Accepted Answer

A)  A defined start and end date. 
B)  A defined start date but no defined end date. 
C)  No defined start but a defined end date. 
D)  No defined start or end date. 
A)  A defined start and end date. 
B)  A defined start date but no defined end date. 
C)  No defined start but a defined end date. 
D)  No defined start or end date.

Question 8

Provide an example from the past year that demonstrates the criticality of achieving a narrow launch window by demonstrating two similar projects/products being launched in short succession or a product or service launch that was well or poorly timed to market conditions.

Accepted Answer

Examples will vary. Common examples incl

Question 9

Which statement regarding the Project Management Institute's Project Management Body of Knowledge (PMBoK) is BEST?

Accepted Answer

A)  The PMBoK consists of seven knowledge areas of project management skills and activities. 
B)  Each element of the iron triangle is represented by its own area. 
C)  Project risk management is part of the integration section. 
D)  The institute's position that a properly planned project will not require any changes precludes the need for change control in the model. 
A)  The PMBoK consists of seven knowledge areas of project management skills and activities. 
B)  Each element of the iron triangle is represented by its own area. 
C)  Project risk management is part of the integration section. 
D)  The institute's position that a properly planned project will not require any changes precludes the need for change control in the model.

Question 10

Process management features ________ with respect to project management.

Accepted Answer

A)  greater team member heterogeneity 
B)  greater certainty of performance 
C)  fewer numbers of goals and objectives 
D)  lower adherence to established practices 
A)  greater team member heterogeneity 
B)  greater certainty of performance 
C)  fewer numbers of goals and objectives 
D)  lower adherence to established practices

Question 11

Maynard and Zed construct a spider-web diagram for their latest initiative at the pawn shop. The rings of their spider web diagram show:

Accepted Answer

A)  The dimensions or success factors that are most important to the pawn shop. 
B)  The scores achieved on each of the dimensions. 
C)  The competitive comparison among other pawn shop projects. 
D)  The relative importance of each of the dimensions or critical success factors. 
A)  The dimensions or success factors that are most important to the pawn shop. 
B)  The scores achieved on each of the dimensions. 
C)  The competitive comparison among other pawn shop projects. 
D)  The relative importance of each of the dimensions or critical success factors.

Question 12

What are project management maturity models used for?

Accepted Answer

Project management maturity models are u

Question 13

The commitment of financial, human, and technical resources is highest during the:

Accepted Answer

A)  Conceptualization phase. 
B)  Planning phase. 
C)  Execution phase. 
D)  Termination phase. 
A)  Conceptualization phase. 
B)  Planning phase. 
C)  Execution phase. 
D)  Termination phase.

Question 14

What are the three levels of the generic project management maturity model and what are the characteristics of a company at each level? Provide examples of organizations at each of these levels and support your choices.

Accepted Answer

The lowest maturity level of the generic

Question 15

Individual activities and their durations are developed during the ________ phase of the project life cycle.

Accepted Answer

A)  planning 
B)  conceptualization 
C)  execution 
D)  termination 
A)  planning 
B)  conceptualization 
C)  execution 
D)  termination

Question 16

A project has achieved success. Which of the following statements is another way of expressing the same outcome?

Accepted Answer

A)  The project achieved the dual constraint plus the two external conditions. 
B)  The project achieved the triple constraint plus the one internal condition. 
C)  The project achieved the triple constraint plus the one external condition. 
D)  The project achieved the dual constraint plus the two internal conditions. 
A)  The project achieved the dual constraint plus the two external conditions. 
B)  The project achieved the triple constraint plus the one internal condition. 
C)  The project achieved the triple constraint plus the one external condition. 
D)  The project achieved the dual constraint plus the two internal conditions.

Question 17

Which of the following types of activities is more closely associated with projects rather than processes?

Accepted Answer

A)  An activity that is ongoing 
B)  An activity that is day-to-day 
C)  An activity that uses existing systems 
D)  An activity that establishes its own work rules 
A)  An activity that is ongoing 
B)  An activity that is day-to-day 
C)  An activity that uses existing systems 
D)  An activity that establishes its own work rules

Question 18

The degree of innovation and creativity is typically at its highest during the:

Accepted Answer

A)  Conceptualization phase. 
B)  Planning phase. 
C)  Execution phase. 
D)  Termination phase. 
A)  Conceptualization phase. 
B)  Planning phase. 
C)  Execution phase. 
D)  Termination phase.

Question 19

The MBA redesign committee presents the results of their five-year project to their bemused Dean. They hope it is not just wishful thinking that they are in the:

Accepted Answer

A)  Planning phase. 
B)  Conceptualization phase. 
C)  Execution phase. 
D)  Termination phase. 
A)  Planning phase. 
B)  Conceptualization phase. 
C)  Execution phase. 
D)  Termination phase.

Question 20

Any organization, no matter how initially unskilled in project management, can begin to chart a course toward the type of project organization they wish to become.

Accepted Answer

A) True 
 B)False

What is a project?

The emergence of global markets has made project management skills more critical.

The use of benchmarking allows companies that are relatively immature at project management to achieve quantum leaps of improvement.

Where in the project life cycle are the intensity level of resources and client interest at their highest? Why is this the case?

Which of these factors are essentially complete opposites from an intensity perspective across the project life cycle?

Pick any organization in the recent business news and provide examples of both project and process work that this company is well known for.

A project typically has:

Provide an example from the past year that demonstrates the criticality of achieving a narrow launch window by demonstrating two similar projects/products being launched in short succession or a product or service launch that was well or poorly timed to market conditions.

Which statement regarding the Project Management Institute's Project Management Body of Knowledge (PMBoK) is BEST?

Process management features ________ with respect to project management.

Maynard and Zed construct a spider-web diagram for their latest initiative at the pawn shop. The rings of their spider web diagram show:

What are project management maturity models used for?

The commitment of financial, human, and technical resources is highest during the:

What are the three levels of the generic project management maturity model and what are the characteristics of a company at each level? Provide examples of organizations at each of these levels and support your choices.

Individual activities and their durations are developed during the ________ phase of the project life cycle.

A project has achieved success. Which of the following statements is another way of expressing the same outcome?

Which of the following types of activities is more closely associated with projects rather than processes?

The degree of innovation and creativity is typically at its highest during the:

The MBA redesign committee presents the results of their five-year project to their bemused Dean. They hope it is not just wishful thinking that they are in the:

Any organization, no matter how initially unskilled in project management, can begin to chart a course toward the type of project organization they wish to become.

The Organizational Context: Strategy, Structure, and Culture

Project Selection and Portfolio Management

Leadership and the Project Manager

Scope Management

Project Team Building, Conflict, and Negotiation

Risk Management

Cost Estimation and Budgeting

Project Scheduling: Networks, Duration Estimation, and Critical Path

Project Scheduling: Lagging, Crashing, and Activity Networks

Advanced Topics in Planning and Scheduling: Agile and Critical Chain

Resource Management

Project Evaluation and Control

Project Closeout and Termination

Filters

Exam 1: Introduction: Why Project Management

What is a project?

The emergence of global markets has made project management skills more critical.

The use of benchmarking allows companies that are relatively immature at project management to achieve quantum leaps of improvement.

Where in the project life cycle are the intensity level of resources and client interest at their highest? Why is this the case?

Which of these factors are essentially complete opposites from an intensity perspective across the project life cycle?

Pick any organization in the recent business news and provide examples of both project and process work that this company is well known for.

A project typically has:

Provide an example from the past year that demonstrates the criticality of achieving a narrow launch window by demonstrating two similar projects/products being launched in short succession or a product or service launch that was well or poorly timed to market conditions.

Which statement regarding the Project Management Institute's Project Management Body of Knowledge (PMBoK) is BEST?

Process management features ________ with respect to project management.

Maynard and Zed construct a spider-web diagram for their latest initiative at the pawn shop. The rings of their spider web diagram show:

What are project management maturity models used for?

The commitment of financial, human, and technical resources is highest during the:

What are the three levels of the generic project management maturity model and what are the characteristics of a company at each level? Provide examples of organizations at each of these levels and support your choices.

Individual activities and their durations are developed during the ________ phase of the project life cycle.

A project has achieved success. Which of the following statements is another way of expressing the same outcome?

Which of the following types of activities is more closely associated with projects rather than processes?

The degree of innovation and creativity is typically at its highest during the:

The MBA redesign committee presents the results of their five-year project to their bemused Dean. They hope it is not just wishful thinking that they are in the:

Any organization, no matter how initially unskilled in project management, can begin to chart a course toward the type of project organization they wish to become.

The Organizational Context: Strategy, Structure, and Culture

Project Selection and Portfolio Management

Leadership and the Project Manager

Scope Management

Project Team Building, Conflict, and Negotiation

Risk Management

Cost Estimation and Budgeting

Project Scheduling: Networks, Duration Estimation, and Critical Path

Project Scheduling: Lagging, Crashing, and Activity Networks

Advanced Topics in Planning and Scheduling: Agile and Critical Chain

Resource Management

Project Evaluation and Control

Project Closeout and Termination

Filters