Question 1

Which of the following is a difference between project management and portfolio management?

Accepted Answer

A)  Project management involves making wise investment decisions whereas portfolio management does not. 
B)  Portfolio management is an easy task whereas project management is a more difficult task. 
C)  Portfolio management asks questions like, "Are we carrying out projects efficiently?" whereas project management asks questions such as "Are we investing in the right areas?" 
D)  Project management addresses specific, short-term goals whereas portfolio management focuses on long-term goals. 
A)  Project management involves making wise investment decisions whereas portfolio management does not. 
B)  Portfolio management is an easy task whereas project management is a more difficult task. 
C)  Portfolio management asks questions like, "Are we carrying out projects efficiently?" whereas project management asks questions such as "Are we investing in the right areas?" 
D)  Project management addresses specific, short-term goals whereas portfolio management focuses on long-term goals. D

Question 2

Project managers work with the project sponsors to define success for particular projects.

Accepted Answer

A) True 
 B)False  True

Question 3

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

Accepted Answer

A)  Projects are undertaken to sustain an organization's business whereas operations are not. 
B)  Operations are undertaken to create unique products, services, or results whereas projects are not. 
C)  Projects are temporary endeavors whereas an organization's operations are ongoing in nature. 
D)  Operations have well-defined objectives whereas projects do not need to have a unique purpose. 
A)  Projects are undertaken to sustain an organization's business whereas operations are not. 
B)  Operations are undertaken to create unique products, services, or results whereas projects are not. 
C)  Projects are temporary endeavors whereas an organization's operations are ongoing in nature. 
D)  Operations have well-defined objectives whereas projects do not need to have a unique purpose. C

Question 4

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

Accepted Answer

A) True 
 B)False

Question 5

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

Accepted Answer

A)  time 
B)  quality 
C)  communication 
D)  risk 
A)  time 
B)  quality 
C)  communication 
D)  risk

Question 6

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

Accepted Answer

A) True 
 B)False

Question 7

Team building exercises and motivation techniques are tools used in _____ management.

Accepted Answer

A)  procurement 
B)  scope 
C)  human resource 
D)  cost 
A)  procurement 
B)  scope 
C)  human resource 
D)  cost

Question 8

Steve, an engineer in a construction company, is at present working on a home construction project. The home is being built for the Robinson family, the owners of the home. Steve is working with his project team and support staff to ensure the project is completed on time. In such a scenario, the project sponsor is _____.

Accepted Answer

A)  Steve 
B)  the support staff 
C)  the project team 
D)  the Robinson family 
A)  Steve 
B)  the support staff 
C)  the project team 
D)  the Robinson family

Question 9

Responsibility assignment matrices and project organizational charts are examples of tools used in procurement management.

Accepted Answer

A) True 
 B)False

Question 10

The _____ of project management includes quality, scope, time, and cost constraints.

Accepted Answer

quadruple

Question 11

Martha works as a project manager at a bank. Due to certain changes in external factors, Martha needs to make a few alterations in the tactical goals of her project. In such a scenario, which of the following will best help Martha cope with the change?

Accepted Answer

A)  Negotiation 
B)  Project environment knowledge 
C)  Motivation 
D)  Soft skills 
A)  Negotiation 
B)  Project environment knowledge 
C)  Motivation 
D)  Soft skills

Question 12

Which of the following is true of low-end tools of the project management software?

Accepted Answer

A)  They are designed for especially large projects with multiple users. 
B)  Their main advantage is that they have unlimited functionality. 
C)  They provide basic project management features. 
D)  They are referred to as an enterprise project management software. 
A)  They are designed for especially large projects with multiple users. 
B)  Their main advantage is that they have unlimited functionality. 
C)  They provide basic project management features. 
D)  They are referred to as an enterprise project management software.

Question 13

Ethics is a set of principles that guides decision making based on _____ of what is considered right and wrong.

Accepted Answer

The answer of Ethics is a set of principles that...

Question 14

Which of the following is a difference between low-end and midrange tools of the project management software?

Accepted Answer

A)  Low-end tools are designed to handle primarily multiple users whereas midrange tools are created to handle single users. 
B)  Low-end tools provide robust capabilities to handle dispersed workgroups whereas midrange tools do not. 
C)  Midrange tools provide basic project management features whereas low-end tools offer enterprise and portfolio management functions. 
D)  Midrange tools are designed to handle larger projects than low-end tools. 
A)  Low-end tools are designed to handle primarily multiple users whereas midrange tools are created to handle single users. 
B)  Low-end tools provide robust capabilities to handle dispersed workgroups whereas midrange tools do not. 
C)  Midrange tools provide basic project management features whereas low-end tools offer enterprise and portfolio management functions. 
D)  Midrange tools are designed to handle larger projects than low-end tools.

Question 15

A difference between strategic and tactical goals is that:

Accepted Answer

A)  strategic goals are more specific than tactical goals. 
B)  tactical goals encompass broader dimensions than strategic goals. 
C)  tactical goals are more important for a project than strategic goals. 
D)  strategic goals are long-term in nature whereas tactical goals are short-term. 
A)  strategic goals are more specific than tactical goals. 
B)  tactical goals encompass broader dimensions than strategic goals. 
C)  tactical goals are more important for a project than strategic goals. 
D)  strategic goals are long-term in nature whereas tactical goals are short-term.

Question 16

_____ refers to the process in which organizations group and manage projects and programs as a cluster of investments that contribute to the entire enterprise's success.

Accepted Answer

Project po

Question 17

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

Accepted Answer

A) True 
 B)False

Question 18

Project _____ management involves defining and managing all the work required to complete the project successfully.

Accepted Answer

A)  human resource 
B)  scope 
C)  time 
D)  cost 
A)  human resource 
B)  scope 
C)  time 
D)  cost

Question 19

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

Accepted Answer

A) True 
 B)False

Question 20

Which of the following provides certification as a Project Management Professional?

Accepted Answer

A)  PMS 
B)  PMC 
C)  PMI 
D)  PMP 
A)  PMS 
B)  PMC 
C)  PMI 
D)  PMP

Which of the following is a difference between project management and portfolio management?

Project managers work with the project sponsors to define success for particular projects.

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

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

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

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

Team building exercises and motivation techniques are tools used in _____ management.

Responsibility assignment matrices and project organizational charts are examples of tools used in procurement management.

The _____ of project management includes quality, scope, time, and cost constraints.

Martha works as a project manager at a bank. Due to certain changes in external factors, Martha needs to make a few alterations in the tactical goals of her project. In such a scenario, which of the following will best help Martha cope with the change?

Which of the following is true of low-end tools of the project management software?

Ethics is a set of principles that guides decision making based on _____ of what is considered right and wrong.

Which of the following is a difference between low-end and midrange tools of the project management software?

A difference between strategic and tactical goals is that:

_____ refers to the process in which organizations group and manage projects and programs as a cluster of investments that contribute to the entire enterprise's success.

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

Project _____ management involves defining and managing all the work required to complete the project successfully.

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

Which of the following provides certification as a Project Management Professional?

The Project Management and Information Technology Context

The Project Management Process Groups: a Case Study

Project Integration Management

Project Scope Management

Project Time Management

Project Cost Management

Project Quality Management

Project Human Resource Management

Project Communications Management

Project Risk Management

Project Procurement Management

Project Stakeholder Management

Filters

Exam 1: Introduction to Project Management

Which of the following is a difference between project management and portfolio management?

Project managers work with the project sponsors to define success for particular projects.

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

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

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

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

Team building exercises and motivation techniques are tools used in _____ management.

Responsibility assignment matrices and project organizational charts are examples of tools used in procurement management.

The _____ of project management includes quality, scope, time, and cost constraints.

Martha works as a project manager at a bank. Due to certain changes in external factors, Martha needs to make a few alterations in the tactical goals of her project. In such a scenario, which of the following will best help Martha cope with the change?

Which of the following is true of low-end tools of the project management software?

Ethics is a set of principles that guides decision making based on _____ of what is considered right and wrong.

Which of the following is a difference between low-end and midrange tools of the project management software?

A difference between strategic and tactical goals is that:

_____ refers to the process in which organizations group and manage projects and programs as a cluster of investments that contribute to the entire enterprise's success.

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

Project _____ management involves defining and managing all the work required to complete the project successfully.

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

Which of the following provides certification as a Project Management Professional?

The Project Management and Information Technology Context

The Project Management Process Groups: a Case Study

Project Integration Management

Project Scope Management

Project Time Management

Project Cost Management

Project Quality Management

Project Human Resource Management

Project Communications Management

Project Risk Management

Project Procurement Management

Project Stakeholder Management

Filters