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PM > Chp 1 > Flashcards

Chp 1 Flashcards

1
Q

Until the 1980s, project management primarily focused on providing schedule and resource data to top management in the military, computer, and construction industries.

A

True

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2
Q

A difference between operations and projects is that operations end when their objectives have been reached, whereas projects do not.

A

False;

not operations, PROJECTS

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3
Q

Every project should have a well-defined objective.

A

True

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4
Q

Projects should be developed in increments.

A

True

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5
Q

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

A

True

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6
Q

A project manager’s primary role is to provide the funding for a project.

A

False;

project sponsor

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7
Q

One of the main reasons why project management is challenging is because of the factor of uncertainty.

A

True

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8
Q

Questions about how a team will track schedule performance is related to a project’s scope.

A

False;

What work will be done as part of the project?

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9
Q

In order to be realistic, a project manager should always set discrete goals instead of a range of objectives.

A

False;

Instead of discrete target goals, it is often more realistic to set a range of goals

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10
Q

Managing the triple constraint primarily involves making trade-offs between resources and quality.

A

False;

making trade-offs between scope, time, and cost goals

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11
Q

The only responsibility of a project manager is to meet the specific scope, time, and cost goals of a project.

A

False;

also facilitate the entire process to meet the needs and expectations of people involved in project activities

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12
Q

A project’s stakeholders consist of its customers, users, and suppliers.

A

True

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13
Q

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

A

False;

include project sponsor, team, support staff, customers, users, suppliers, and even opponents of a project

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14
Q

The importance of stakeholders’ needs and expectations is limited to the beginning of a project.

A

False;

also throughout the life of a project

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15
Q

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

A

False;

acquiring or procuring goods and services for a project

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16
Q

The primary role of project stakeholder management is to ensure that the project will satisfy the stated needs for which it was undertaken.

A

False;
identifying and analyzing stakeholder needs while managing and controlling their engagement throughout the life of the product.

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17
Q

Project human resource management is concerned with making effective use of the people involved with a project.

A

True

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18
Q

Stakeholder analyses, work requests, and project charters are tools used in integration management.

A

True

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19
Q

Earned value management is a tool primarily used in human resource management.

A

False;

tools used in cost management

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20
Q

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

A

False;

tools used in human resource management

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21
Q

Maturity models, statistical methods, and test plans are examples of tools used in quality management.

A

True

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22
Q

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

A

True

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23
Q

Good project managers assume that their definition of success is the same as the sponsors.

A

False;

do not assume

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24
Q

Program managers are change agents.

A

True

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25
Q

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

A

False;

managing a single project

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26
Q

Individual projects always address strategic goals whereas portfolio management addresses tactical goals.

A

False;

Individual projects often address tactical goals, whereas portfolio management addresses strategic goals.

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27
Q

It is mandatory for project managers working on large information technology projects to be experts in the field of information technology.

A

False;

do not have to be experts in the field of IT

28
Q

To be a successful manager, the only skills an IT project manager needs to possess is excellent technical skills.

A

False;

develop business and soft skills

29
Q

The introduction of new software makes basic tools, such as Gantt charts and network diagrams, inexpensive and easy to create.

A

True

30
Q

The enterprise project management software, which aids project and portfolio management, is a low-end tool.

A

False;

is high-end tools,

31
Q

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

A

Projects are temporary endeavors whereas an organization’s operations are ongoing in nature.

32
Q

Which of the following is true of projects?

A

They have a unique purpose.

33
Q

The role of a _____ is to provide direction and funding for a project.

A

project sponsor

34
Q

Galaxy, a construction company, buys a particular brand of tiles manufactured by Tiles and Floors, an eco-friendly tile manufacturing company. However, Tiles and Floors has declared bankruptcy and closed down. At present, Galaxy is facing a crisis because there are no other manufacturers in the market that supplies eco-friendly tiles. Which of the following constraints is Galaxy currently facing?

A

Resources

35
Q

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 _____.

A

The Robinson family

36
Q

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

A

scope

37
Q

Project _____ management ensures that the project will satisfy the stated or implied needs for which it was undertaken.

A

quality

38
Q

Which of the following project management knowledge areas primarily involve generating, collecting, disseminating, and storing project information?

A

Project communications management

39
Q

Project procurement management mainly involves:

A

buying goods and services for a project from outside the performing organization.

40
Q

Which of the following project management knowledge areas is an overarching function that affects and is affected by the different knowledge areas?

A

Project integration management

41
Q

An important tool for project scope management is _____.

A

a work breakdown structure

42
Q

Which of the following tools are most likely to be used in project time management?

A

Gantt charts

43
Q

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

A

time

44
Q

In which of the following areas of management is payback analysis most likely to be used?

A

Cost

45
Q

A _____ is a tool used in quality management.

A

checklist

46
Q

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

A

human resource

47
Q

Which of the following tools can best help in efficient communication management?

A

Kick-off meetings

48
Q

A _____ is a tool used in risk management.

A

probability matrice

49
Q

Which of the following statements is true of project management?

A

It does not guarantee successes for all projects.

50
Q

Which of the following is true of program managers?

A

They provide leadership and direction for project managers heading the projects within a program.

51
Q

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

A

Project management addresses specific, short-term goals whereas portfolio management focuses on long-term goals.

52
Q

A difference between strategic and tactical goals is that:

A

strategic goals are long-term in nature whereas tactical goals are short-term.

53
Q

Which of the following questions reflect the strategic goals of project portfolio management?

A

Are we investing in the right areas?

54
Q

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?

A

Project environment knowledge

55
Q

Joe is a project manager in an IT company and has over the years, gained substantial knowledge in his area of work. However, while managing his team, he often loses his temper. In addition, he fails to be an active listener when his team members approach him with work related challenges. In which of the following areas does Joe need to develop his skills in?

A

Human relations skills

56
Q

Which of the following best defines the role of leaders?

A

They inspire people to reach goals.

57
Q

A Gantt chart is a standard format for displaying project schedule information by listing project activities and their corresponding start and finish dates in a ____ format.

A

calendar

58
Q

A critical path:

A

determines the earliest completion date of a project.

59
Q

A _____ is an organizational group responsible for coordinating the project management function throughout an organization.

A

Project Management Office

60
Q

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

A

PMI

61
Q

Which of the following refers to a set of principles that guides decision making based on personal values of what is considered right and wrong?

A

Ethics

62
Q

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

A

They provide basic project management features.

63
Q

Which of the following types of tools is usually recommended for small projects and single users?

A

Low-end

64
Q

Enterprise project management softwares are also known as _____ tools of project management software.

A

high-end

65
Q

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

A

Midrange tools are designed to handle larger projects than low-end tools.

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