Bootcamp Chapter 2

Question 1

In the PMBOK guide, what does PMBOK stand for?

A. Project management body of intellectual knowledge
B. Project management body of knowledge
C. Program management body of knowledge
D. Project management body of collective knowledge

Answer 1

ANSWER: B

Question 2

You work as a project manager in a projectized organization. Based on recent work performance information, you determine that the project needs additional human resources. Who has the authority to approve the hiring of additional team members?

A. The change control board
B. A functional manager
C. You, the project manager
D. You, the project manager, and the functional managers have joint authority

Answer 2

ANSWER: C

In a projectized organization, most resources are involved in project work, and project managers have a great deal of authority and independence

Question 3

The list of basic constraints identified by the PMBOK include:

A. Time, scope, and cost
B. Schedule, cost, scope and quality
C. Schedule, budget, scope, quality and people
D. Schedule, budget, scope, quality, resources and risk

Answer 3

ANSWER: D

Question 4

A project is a temporary endeavor undertaken to create a unique product, service or result. Temporary means that the project has a_______ beginning and end:

A. Quantitative
B. Definite
C. Measurable
D. Movable

Answer 4

ANSWER B

Question 5

Operations are ongoing and repetitive. To determine whether work is a project or whether it is part of ongoing operations, you need to know the goals and objectives for it. If the objective of an activity is to attain a goal and then terminate, it is a project. If the objective is to________then it is operational in nature:

A. Obtain additional business
B. Satisfy stakeholder expectations
C. Satisfy the needs for which it was undertaken
D. Sustain a business

Answer 5

ANSWER: D

operations are an organizational function performing the ongoing execution of activities that produced the same product or provide a repetitive service.

Question 6

According to the PMBOK, project management is the application of knowledge, skills, tools, and techniques to project activities to meet project requirements, and is accomplished through the use of five Process Groups. These five Process Groups are:

A. Initiate, Plan, Execute, Monitor and Control, and Close
B. Initiating, Planning, Executing, Controlling, and Closing
C. Initiating, Planning, Executing, Monitoring and Controlling, and Closing
D. Concept, Plan Build, Test, Hand-off

Answer 6

ANSWER: C

Question 7

A program is a group of related_______ managed in a coordinated way to obtain benefits and control not available from managing them individually?

A. Programs
B. Subprojects
C. Portfolios
D. Projects

Answer 7

ANSWER: D

Question 8

A program can include:

A. Ongoing operations
B. Start and Finish Dates
C. Repetitive work
D. List of resources

Answer 8

ANSWER: A

C is technically correct but A is the BETTER answer because it uses the PMI terminology

Question 9

You are a manager for a software development company and are responsible for individual project releases, coordination of multiple releases over time, and ongoing sales. What is your title?

A. Project manager
B. Portfolio manager
C. Project expediter
D. Program Manager

Answer 9

ANSWER: D

Question 10

Portfolios help organizations achieve_______objectives and benefits.

A. Key
B. Prioritized
C. Strategic
D. Tactical

Answer 10

ANSWER: C

A portfolio is defined as a collection of projects and programs and other work that are group together to facilitate effective management of that work to meet strategic business objectives

Question 11

You can create subprojects when you need to break down a project into smaller component pieces that are easier to manager. Therefore, a subproject can be a phase of a larger project or it can be:

A. A portion of a project based on specific skill sets or technologies
B. A portion of a project based on existing Human Resources worker retention policies
C. A portion of a project based on adherence to a work authorization system
D. A portion of a project based on change requrests

Answer 11

ANSWER: A

Answer B is incorrect because existing HR worker retention policies would not typically dictate the use of specific skill sets used at various times during a project. Answer C is incorrect because the work authorization system ensures that the right work is done at the right time. Answer D is correct but is not the best answer

Question 12

According to PMBOK a portfolio is a collection of projects or programs and other work that are grouped together to faciliate effective management of that work:

A. Meet business objectives
B. Meet tactical business objectives
C. Meet and exceed strategic business objectives
D. Meet strategic business objectives

Answer 12

ANSWER: D

Two words are key in obtaining the correct answer. A omits the word “strategic”. B substitutes the word tactical for strategic; C adds the words “and exceed”, which is incorrect.

Question 13

Portfolio management allows for better alignment of projects and programs with:

A. Standards and regulations
B. Organizational business objectives
C. Budgets
D. Industry best practices

Answer 13

ANSWER: B

Portfolio refers to projects, programs, subprograms, and operations managed as a group to achieve strategic objectives.

Question 14

According to PMBOK, a PMO (project management office) is:

A. An effective tool to help an organization meet its business objectives
B. An organizational unit mandated with the allocation of resources to projects
C. An organizational unit able to give guidance, support, and management expertise in managing projects
D. An organizational unit to centralize and coordinate management of projects under its domain

Answer 14

ANSWER: D

Although there is truth to each of the statements, the best answer is D, especially considering that the question contains the phrase “by definition”.

Question 15

A project manager notices that one of her team member is billing for considerably more hours for a task than another team member who is doing a similar task. This discrepancy leads the project manager to suspect that this team member is billing for nonworking hours. Which of the following is the best next step to take?

A. Set a meeting with the team member in which you will tell him that you believe he is acting unethically
B. File a formal ethics complaint with senior management
C. Informally alert senior management about the unethical behavior
D. Gather more information and evidence

Answer 15

ANSWER: D

Project managers should file ethics complaints only if they have the facts to support the complaint.

Question 16

Which of the following is not a characteristic of project life cycles?

A. The phases of a project life cycle are often sequential in nature, but do not have to be
B. Project life cycles embrase the transfer of technical information from one phase to another as necessary
C. Project life cycles usually have low cost and staffing levels at the beginning, peak somewhere in the middle phases and drop off rapidly twoard the end
D. Risk is the greatest in the middle of the project life cycle

Answer 16

ANSWER: D

Unknowns and assumptions are always greatest at the beginning of any project, which means the greatest amount of uncertainty or risk exists at that point.

Question 17

A constraint is any restriction or limitation that will affect the performance of the project, or even the time that an activity can be scheduled. The triple constraints model contains the following three individual elements:

A. Time, cost, scope
B. Time, risk, scope
C. Cost, scope, resources
D. Time, cost, quality

Answer 17

ANSWER: A

The triple constraint model is a triangle of common project constraints, with time, cost, and scope making up the three sides of the triangle. Answer A is the most correct answer because it is only one that addresses all three sides of the triangular model

Question 18

Project stakeholders are individuals or a group of people who:

A. have been assigned to the project
B. Have the ability to impact the project
C. Could be impacted by the project
D. Have interest in the project, are involved in the project, or can impact the project

Answer 18

ANSWER: D

Answer D is the most correct answer because it addresses all of the circumstances that are related to stakeholders.

Question 19

All of the statements describe the customer except:

A. The person or organization that will use a project or service of a project
B. The person or organization that approves and uses the project’s results
C. The person or organization that helps develop project requirements
D. The person or organization that provides the resources and support for the project

Answer 19

ANSWER: D

Answer D is correct because the person or organization that provides the resources and support for the project, is the sponsor.

Question 20

What is both an advantage and a disadvantage of a matrix organizational structure?

A. After the project is over, team members still have a job
B. The project manager has more control than in the functional organizational structure
C. Team members report to two manager; a project manager and a functional manager
D. Input to performance reviews is the responsibility of both the project manager and the functional manager

Answer 20

ANSWER: C

Answer C is correct because the matrix organization creates the disadvantage for team members of multiple bosses and conflicting priorities, but it also provides the advantage for project managers of increased support from functional managers and increased control of the project.

Question 21

To effectively manage projects to completion, the PMI suggests the recognition and development of a project-based set of tools and techniques, processes and procedures, control systems and methodologies that any project manager, PMO, or organization can take advantage of. Collectively, these are called:

A. Management system for projects
B. System of process management
C. Project management system
D. System of project management

Answer 21

ANSWER: C

Answer A and D are merely a play on words; but are incorrect. B uses the word “process” instead of project, thereby making it incorrect

Question 22

Which is not a phase in the product life cycle?

A. Concept
B. Development
C. Growth
D. Maturity

Answer 22

ANSWER: B

Question 23

One of the advantages of a projectized organizations is:

A. Smaller projects
B. Duplicated job functions
C. Efficient project communication
D. Limited project management responsibilites

Answer 23

ANSWER: C

Question 24

Senior management approaches you regarding monitoring sales of the recently launched frozen dessert, Maggie’s Mudpies. You are asked to manage this project. The most appropriate action for you to take next:

A. Create a charter
B. Create a project plan
C. Determine appropriate team members for input into the Planning process
D. Refuse to create a project

Answer 24

ANSWER: D

The scenario in this question is an example of ongoing operations and does not fit all the criteria of a project.

Question 25

The PMI code of ethics has four values that support it. Which of the following is not of those values?

A. Responsibility
B. Accountability
C. Fairness
D. Respect

Answer 25

ANSWER: B

Responsibility, fairness, respect, and honesty are the four values that support the code.