Deck 3: Chartering Projects

Question 1

A project charter can vary in its length from one-page to multiple pages,depending on the size and complexity of the project.

Answer 1

True

Question 2

The charter signing represents the transition from the high-level project initiation stage into the more detailed project planning stage.

Answer 2

True

Question 3

A charter can be used to quickly screen out obviously poor projects.

Answer 3

True

Question 4

Risks,assumptions and constraints are included in the project charter so that key participants will be aware of what could prevent them from successfully completing the project.

Question 5

The project charter serves as a formal legal contract between the project team and the project sponsor.

Question 6

The signing of the project portfolio statement signals the transition from the high-level project initiating stage into the more detailed project planning stage.

Question 7

The project business case provides a high-level description of what the project will accomplish and how it will be done.

Question 8

Constraints identified in the project charter are uncertain situations that could negatively or positively affect the project if they occur.

Question 9

In contrast to a legal contract,the parties to a signed project charter feel obligated to the spirit (as opposed to the letter)of the charter since the project details have not yet been worked out and the specifics will certainly change.

Question 10

Which of the following documents serves as an informal contract between the project team and the project sponsor? 

A) team members' employment contracts 
B) project charter 
C) project roadmap 
D) business case

Question 11

A background statement is a mandatory element of the project charter that sets the stage for creation of the scope overview and business case.

Question 12

A well-written business case should persuade decision-makers to support the project and inspire the project team members and key stakeholders to work hard towards successful completion of the project.

Question 13

The project charter grants the project team the right to: 

A) begin project execution 
B) develop the project mission statement 
C) create a detailed project plan 
D) write a detailed business case

Question 14

One purpose of the project charter is to help the project team and sponsor personally and formally commit to doing their best to achieve the agreed-upon project results.

Question 15

A key concept in agile projects is that something of value will be delivered at each iteration.

Question 16

The project master network is a high-level plan that indicates a few significant accomplishments that are anticipated over the life of the project.

Question 17

A background statement is often added to a project charter to help stakeholders better understand the rationale and purpose behind the scope overview and business case.

Question 18

The scope overview and business case sections of the project charter provide the high-level "what and where" of the project.

Question 19

A deliverable is a unique and verifiable product,result or capability to perform a service that is required to be produced to complete a process,phase,or project.

Question 20

During project charter creation there is typically a very general understanding of the project,so any budget included is approximate and should be called a preliminary budget with a corresponding confidence level for this estimate.

Question 21

Project charters typically include all of the following elements EXCEPT:​ 

A) negative and positive risks 
B) project assumptions 
C) detailed resource requirements 
D) project constraints

Question 22

The project charter should help the project team and the project sponsor to develop a common understanding of what the project is all about.All of the following items are elements of that common understanding EXCEPT:​ 

A) understanding how the project aligns with the goals of the parent organization 
B) understanding the detailed project schedule 
C) understanding project success measures 
D) understanding what is included and excluded in the project scope

Question 23

In the project charter,what types of resources might be estimated and how detailed should the project budget or resource requirements be? Give some examples of how they might be expressed.

Question 24

Which section of the project charter publicly acknowledges the commitment of the sponsor,managers and team members to the project? 

A) business case 
B) signatures and commitment 
C) decisions and findings 
D) contract section

Question 25

Project managers and teams should consider risks and include them in the project charter for all the following reasons EXCEPT:​ 

A) any negative risk that is a threat that may inhibit successful project completion needs to be identified. 
B) all project risks should be eliminated before the project charter is signed. 
C) a positive risk is an opportunity to complete the project better, faster, and/or at lower cost or to capitalize upon the project in additional ways. 
D) sometimes there is more risk to the organization if the project is not undertaken, and this provides additional rationale for doing the project.

Question 26

Which of  these charter elements should persuade decision makers to support the project and inspire team members and key stakeholders to work hard toward successful completion of the project?​ 

A) the project vision statement 
B) the business case 
C) the project motto 
D) the team operating principles

Question 27

Team operating principles are sometimes included in a project charter to enhance team performance.Which of the following statements accurately describes the value of establishing team operating principles?​ 

A) Operating principles increase team effectiveness and ensure that all parties are aware of what is expected. 
B) Operating principles describe the specific work each team member will perform.  
C) Operating principles identify the rules along with the punishments to be administered when the rules are broken. 
D) Operating principles are especially helpful for a routine project where participants have worked together before.

Question 28

Briefly discuss the importance of the project charter,and compare the roles played by the project sponsor and the project manager with respect to the preparation of this document.

Question 29

On agile projects the first iteration is planned as a milestone with acceptance criteria.However,subsequent milestones and acceptance criteria are determined on a ___: 

A) need-to-know basis
B) first in first out (FIFO) basis 
C) just in time (JIT) basis
D) first come first served basis

Question 30

During iteration planning in an agile project,agreement is reached regarding: 

A) the length of the next sprint. 
B) detailed stakeholder requirements. 
C) the definition of done. 
D) positive and negative risks.

Question 31

The addition of acceptance criteria factors to the milestone schedule in a project charter helps the team understand who will judge the quality of the deliverable associated with each milestone,and _____.​ 

A) that stakeholder's role on the team. 
B) the risk associated with each milestone. 
C) the penalties for not achieving the desired quality. 
D) what criteria will be used for that determination.

Question 32

Which of the following statements most accurately identifies the typical contents of the project charter? 

A) requirements, specifications, test protocols and test results 
B) statement of work, terms and conditions, clauses and delivery instructions 
C) business case, milestone schedule, resource estimates and team operating principles 
D) purpose, literature review, methodology, results and conclusions

Question 33

What are risks,and why is it important to identify them in the project charter?

Question 34

Which of the following statements accurately describes the responsibilities typically associated with the development of the project charter?​ 

A) the project sponsor typically prepares the detailed first draft of the charter. 
B) the project manager typically prepares the business case and scope overview. 
C) the customer typically prepares and signs the charter. 
D) more often than not, the project manager writes the draft project charter.

Question 35

The project charter serves all of the following purposes EXCEPT:​ 

A) authorizes the project manager to proceed 
B) helps develop a common understanding between the project manager, sponsor and assigned team members 
C) quickly screens out obviously poor projects 
D) describes skill sets needed for the project

Question 36

A project sponsor is wise not to sign a project charter authorizing work until the project manager and team show that they have ____: 

A) learned to work together well. 
B) gathered requirements from key stakeholders. 
C) reviewed lessons learned from recently completed projects in order to avoid similar mistakes. 
D) prepared a comprehensive schedule and budget.

Question 37

Which of the following charter elements defines the project purpose and justifies the necessity of the project? 

A) scope control plan 
B) acceptance criteria 
C) business case 
D) scope overview

Question 38

The milestone schedule in the project charter:​ 

A) is a schedule that provides detailed data for when each project activity should begin. 
B) is a detailed schedule that shows the planned duration for every activity in the project. 
C) is a high-level plan that indicates a few significant accomplishments anticipated over the life of the project. 
D) is a summary-level schedule that shows how major project tasks are sequenced.

Question 39

Within the project charter,the scope overview accomplishes all of the following EXCEPT:​ 

A) identifies the major schedule milestones for the project 
B) describes how the work will be done to meet the specified requirements. 
C) states what is and is not included in the project, at a fairly high level. 
D) describes what needs to be accomplished - all the characteristics that must be present in the project deliverables.