Question 1

_____ represents the likelihood that an event will happen during the life of the project that will negatively affect the achievement of project goals.

Accepted Answer

A)  Scope creep 
B)  Risk 
C)  Float 
D)  Rough order of magnitude 
E)  Slack

Question 2

Client expectations encompass an emotional component that includes many client desires that are not easily captured within a specification document.

Accepted Answer

A) True 
 B)False

Question 3

Which of the following is also known as a ballpark estimate?

Accepted Answer

A)  Scope of work 
B)  Critical path 
C)  Rough order of magnitude ROM) estimate 
D)  Milestone schedule 
E)  Conceptual estimate

Question 4

Projects can contain smaller projects.

Accepted Answer

A) True 
 B)False

Question 5

Rough order of magnitude ROM) is established prior to developing a ballpark estimate.

Accepted Answer

A) True 
 B)False

Question 6

The _____ establishes key dates throughout the life of a project that must be met for the project to finish on time.

Accepted Answer

The answer of The _____ establishes key dates throughout the...

Question 7

Which of the following is NOT an example of a commodity?

Accepted Answer

A)  Concrete 
B)  Furnace for a new steel mill 
C)  Sugar 
D)  Office supplies 
E)  Salt

Question 8

An incremental expansion in the project scope is known as _____.

Accepted Answer

A)  slack 
B)  step change 
C)  scope creep 
D)  float 
E)  crashing

Question 9

Einsiedel discussed leader-sensitive projects and defined five characteristics of an effective project leader. These characteristics are based on some assumptions about project environment, which is often a _____ organization.

Accepted Answer

A)  horizontal 
B)  vertical 
C)  matrix 
D)  functional 
E)  divisional

Question 10

The likelihood that all the potential events identified in the risk analysis will occur is very high.

Accepted Answer

A) True 
 B)False

Question 11

Compressing the task durations along the critical path to meet the project completion date is called _____.

Accepted Answer

A)  scope creep 
B)  float 
C)  slack 
D)  crashing 
E)  expediting

Question 12

The project management team must develop alignment among the major _____ -those who have a share or interest on the project-during the early phases of the project.

Accepted Answer

The answer of The project management team must develop alignment...

Question 13

A project management team has two types of members, functional managers and process managers. An engineering manager, in the case of a construction project, is an example of a process manager.

Accepted Answer

A) True 
 B)False

Question 14

Which of the following is true about a project manager?

Accepted Answer

A)  Project managers are goal oriented. 
B)  Project managers analyze work processes and explore opportunities to make improvements. 
C)  Project managers are focused on the long-term health of the organization. 
D)  Project managers are process focused. 
E)  Project managers standardize the work processes.

Question 15

What is the first step in developing a risk management plan?

Accepted Answer

A)  Analyze the risks 
B)  Estimate the likelihood of the risks occurring 
C)  Identify potential project risks 
D)  Develop a risk mitigation plan 
E)  Estimate the potential impact of risk on the project goals

Question 16

An) _____ refers to a company that designs goods or services to meet specified needs.

Accepted Answer

A)  vendor 
B)  manufacturer 
C)  service representative 
D)  wholesaler 
E)  retailer

Question 17

All of the following are the functions of a project management office EXCEPT:

Accepted Answer

A)  it maintains the organization's project management policies and procedures. 
B)  it supervises the project managers. 
C)  it monitors project performance. 
D)  it assigns project managers from other departments but does not procure contract project managers. 
E)  it provides functional support to projects like project scheduling and project cost analysis.

Question 18

In the case of project management, the processes for developing teams, organizing work, and establishing priorities require different sets of knowledge and skills because _____.

Accepted Answer

A)  members of the project management team recognize that it is temporary 
B)  members of the project management team recognize that it is permanent 
C)  members of the project management team are not aware of the technical aspects of the project 
D)  members of the project management team are not aware of the knowledge and skills of the other people working on the project 
E)  project management teams do not look after the operational aspects of the project and are concerned only with the strategic aspects

Question 19

Initiatives taken to increase organizational effectiveness or efficiency can be identified as projects.

Accepted Answer

A) True 
 B)False

Question 20

The _____ is typically a written document that defines what work will be accomplished by the end of the project.

Accepted Answer

A)  work breakdown structure 
B)  project logic diagram 
C)  milestone schedule 
D)  ballpark estimate 
E)  scope of work

Exam 1: Introduction to Project Management

_____ represents the likelihood that an event will happen during the life of the project that will negatively affect the achievement of project goals.

Client expectations encompass an emotional component that includes many client desires that are not easily captured within a specification document.

Which of the following is also known as a ballpark estimate?

Projects can contain smaller projects.

Rough order of magnitude ROM) is established prior to developing a ballpark estimate.

The _____ establishes key dates throughout the life of a project that must be met for the project to finish on time.

Which of the following is NOT an example of a commodity?

An incremental expansion in the project scope is known as _____.

Einsiedel discussed leader-sensitive projects and defined five characteristics of an effective project leader. These characteristics are based on some assumptions about project environment, which is often a _____ organization.

The likelihood that all the potential events identified in the risk analysis will occur is very high.

Compressing the task durations along the critical path to meet the project completion date is called _____.

The project management team must develop alignment among the major _____ -those who have a share or interest on the project-during the early phases of the project.

A project management team has two types of members, functional managers and process managers. An engineering manager, in the case of a construction project, is an example of a process manager.

Which of the following is true about a project manager?

What is the first step in developing a risk management plan?

An) _____ refers to a company that designs goods or services to meet specified needs.

All of the following are the functions of a project management office EXCEPT:

In the case of project management, the processes for developing teams, organizing work, and establishing priorities require different sets of knowledge and skills because _____.

Initiatives taken to increase organizational effectiveness or efficiency can be identified as projects.

The _____ is typically a written document that defines what work will be accomplished by the end of the project.