Chapter 1 - Introduction Flashcards

1
Q

Project Management has been created:
A - In the last 20 years to address the more complex issues in today business world
B - In XIX century, during the industrial revolution to address the issues and opportunities offered by the new global economic systems
C - It was enstablished during the roman emperial period by empereor Adriane
D - Since the very early existence of homo sapiens

A

Correct answer is D

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2
Q

Select a project outcome amongst the followings:

A - Pyramids of Giza
B - Increase the recognition of pharaon's power for the present and future centuries
C - Outsourced service desk service
D - Olympic Games
E - New security policy
A

Correct answer is D

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3
Q

The BOK is:

A - It is the set of all project management related knowledge
B - A methodology defining the best project management practice
C - The best project management practices generally recognized as good practices
D - The official guide to project management released by PMI

A

Correct answer is A

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4
Q

The scope of PMBOK focus on the discipline of :

A - Portfolio, Program and Project management discipline
B - Mainly Project Management; Portfolio and programs are examined marginally only for their relations with Projects;
C - Executive Management
D - How to manage a group of projects in order that their outcomes are aligned to the strategic goals

A

Correct answer is B

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5
Q

What is a project:

A - The daily effort for create a given quantity of a well known product
B - A temporary undertaking to create a new version of health and safety document
C - The incessant effort by a project team to create a unique product, service or result
D - The temporary venture of every day work to provide Plexos support from 9am to 7pm

A

Correct answer is B

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6
Q

Amongst the following examples select what is not a project:
A - Developing a new pharmaceutical compound for market,
B - Expanding a tour guide service;
C - Merging two organizations;
D - Selling 1000 copies of year of lonely planet travel guides;

A

Correct answer is D

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7
Q

Select the wrong answer:
A - On of the essential elements of the project is that is outcomes bring some changes on the organization affected
B - The deliverable of a project can be an unique product
C - The project does not drive any change in the affected organization
D - Projects enable business value creation

A

Correct answer is D

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8
Q

PMI defines business values as:
A - The set of tangible and intagible benefits brought by projects result;
B - The 20% profit increase in the alcholic drink selling thanks to the new advertising campaign;
C - An improved reputation from our main stakeholder;
D - A decrease of costs to produce playstation 4;

A

Correct answer is B

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9
Q

A project initiation context is

A - A process to initiate formarly a project
B - A set of several circumstances which have generated the need for a project
C - It is one of the activities involved in project initiation processes group
D - It is the initial project scope as specified in the Project Charter

A

Correct answer is B

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10
Q

Select what is not a factor that lead to the creation of a project:
A - A need for a new technology;
B - A change in the competitive force;
C - A problem with some materials;
D - Ensure that urgent emails are answered within 5 hours

A

Correct answer is D

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11
Q
Project management is the adoption of which of the following elements to project activities:
A - Best practices
B - Skills
C - Processes
D - Tools
E - Knowledge
F - Techniques
G - Operations
H - Policies
I - Experience
L - Procedures
A

Correct answers are: B,D,E,F, L

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12
Q

Is Project Management a organizational strategic competency?:

A - At any case because it helps organization to reach their own goals;
B - For the temporary nature of the project management, in not a core organizational competency
C - Yes, but when all knowledge, tools, skills, techniques are applied in a way to satisfy the proect requirements optimizing the use of resource (efficiency and effectiveness)
D - Only when this competency is adopted in a correct way which brings results.

A

Correct answer is C

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13
Q

Two projects never share the same stakeholders:

A - False
B - True

A

Correct answer is A

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14
Q

Tell which one is true:

A - A project is a temporary endeavor undertaken to create existing products
B - A program is a group of projects unrelated from each other
C - A program cannot be composed by subsidiary programs
D - The aim of a portfolio is to manage a set of unrlated projects, programs, operations, subsidiary portfolios in order to achieve a set of organizational strategic objectives

A

Correct answer is D

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15
Q

Program management is:
A - The application of knowledge, skills to a project to achieve program objectives
B - The appllication of knowledge, skills, tools, and principles to a program to achieve the program objectives and to obtain benefits not available by managing project component individually
C - The application of knowledge, skills, and principles to a program to achieve the program objectives and to obtain benefits not available by managing the program components individually
D - The application of knowledge, skills, and techniques to a program to achieve the program objectives and to obtain benefits not available by managing the program components individually

A

Correct answer is C

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16
Q

A portfolio according to PMI definition is:
A - Projects, programs, subsidiary portfolios and operations managed as a group to achieve strategic objectives
B - Projects, supersidiary portfolios and operations managed as a group to achieve strategic obejctives;
C - The application of knowledge, skills to a portfolio to achieve strategic objectives
D - Projects, programs and operations managed as a group to achieve strategic objectives

A

Correct answer is A

17
Q

What is true:
A - Operations management is an area that is outside the scope of project management
B - Operations management is an area that is inside the scope of project management as described in PMI
C - Operations management is a discipline that is outside of the scope of project management as described in this guide
D - Operations management is an area that is outside of the scope of formal project management

A

Correct answer is C

18
Q
How do you achieve goals within a portfolio:
A - Through policies
B - Through projects
C - Through programs
D - Through programs and projects
A

Correct answer is B because project are a means to achieve organizational goals and objectives withing portfolio and programs

19
Q

The series of phases that a project passes through from its beginning to its completion defines:
A - The Project Management Knowledge Area
B - The Project Phase collection
C - Project life cycle
D - Project Management Process Group

A

Correct answer is C

20
Q

A project life cycle is:
A - The set of steps that a project encounters during its life
B - Each project born and then die, this is the life cycle
C - The series of procedures that a project encounters through from its start to its completion
D - The series of phases that a project passes through from its start to its completion

A

Correct answer is D

21
Q

A Project Phase is:
A - The series of activities that a project passes through from its start to its completion
B - A series of activities
C - A series of project activities that culminates in the completion of only one derivable
D - A collection of logically related project activities that culminates in the competion one or more derivables

A

Correct answer is D

22
Q
Select the factors for which a project phase is established:
A - Management needs
B - Competitive forces 
C - Results delivery 
D - Regulatory requirements
E - Stakeholder needs
F - Public Benefit
G - Project's nature
H - Performance needs
I - Unique charateristics of organizations
L - Presence decision points
A

Correct answers are A, G, I, L

23
Q

How you manage the project life cycle:
A - With managing properly the project phases
B - Hiring a good project manager
C - Managing project management processes
D - Executing a collection of project activities
E - Through the execution of project management activities also known as project management processes

A

Correct answer is E

24
Q

A Project Managament Process Group is:
A - A group of project management processes
B - A group of project activities logically grouped to achieve specific project objectives
C - A group of project management processes logically grouped to achieve specific strategic objectives
D - A group of project management processes

A

Correct answer is B

25
Q

Project schedule management is:
A - One of the seven project management knowledge area
B - Includes the processes required to manage the timely completion of the project
C - It is the discipline to ensure that the project ends withing the deadline agreed
D - It is the application of project management skills to ensure that the project rispects the deadline agreed in the planning phase

A

Correct answer is B

26
Q
"Develop Project Charter" to witch knowledg area belongs:
A - Project Integration Management
D - Initiating Process Management
B - Project Scope Management
C - Project Initiating Management
A

Correct answer is A

27
Q

Data is:
A - Irrilevant in project management activities
B - Important in the planning phase of the project
C - Collected and aggregated during all phases of a project
D - Collected, analyzed and transformed throughout all life cycle of a project

A

Correct answer is D

28
Q
In terms of project information, the execution process output are:
A - Work performance information
B - Work performance data
C - Work performance reports
D - Project document updates
A

Correct answer is B

29
Q
What project manager do usually apply to their job?:
A -  Project management knowledge
B - Project management skills
C - Project management techniques
D - Project management methodology
A

Correct answer is D

30
Q
Select the project business documents:
A - Business case
B - Project Charter 
C - Benefits managment plan
D - Project management plan
A

Correct answer are A and C

31
Q

The project business case is:
A - A document which justifies the needs to start a project
B - A document which contains an economic feasibility study used to establish the validity of the benefits for a proejfct
C - A documented economic feasibility study used to establish the validity of the benefits of a selected component which lacks sufficient definition and that is used for the authorization of further project management activities
D - A documented economic feasibility study used to establish the validity of the benefits of several components which lacks sufficient definition and that is used for the authorization of further project management activities

A

Correct answer is C

32
Q
The business case is always preceeded by:
A - Needs Assesment
B - Benefits Management Plan
C - Analysis of situation
D - None of them
A

Correct answer is D

33
Q

A recommendation can contains:
A - A statement of the recommended option to pursue in the project
B - A request to a specific stakeholder to support the project
C - Definitions of roles and responsibilities
D - Constraints

A

Correct answer are A,C,D

34
Q

The Project Benefits Management Plan is:
A - Is a chart describing when the benefits will be delivered
B - A file which contains descripitions of the benefits: how they will be achieved and when
C - A document which describe the approach to deliver the project benefits and when
D - A document that describes how and when the benefits will be delivered

A

Correct answer is C

35
Q

The Project Charter is:
A - A document produced by the project manager that formally authorize the existence of a project
B - A document produced by the project sponsor that formally authorize the existence of a project
C - A document produced by the business manager that formally authorize the existence of a project
D - A document produced by the PMO that formally authorize the existence of a project

A

Correct answer is B

36
Q

Meeting business case nonfinancial objectives is:
A - Not important because project manager should focus on the net values
B - Is a project success criteria as specified in the business case and it is used to measure if the project is successful or not
C - Is one of the criteria to measure project success as specified in the Project Benefits Management Plan
D - Is a project goal specified in Project Charter

A

Correct answer is C