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CS PROJECT MANAGEMENT > FA1 > Flashcards

FA1 Flashcards

1
Q

Competing in a global market is influenced by

A. Rapid change

B. Innovation

C. Time to market

Group of answer choices

Only C is correct

Both A and C are correct

Both A and B are correct

All choices are correct

A

All choices are correct

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2
Q

A ____ is a set of activities which are networked in an order and aimed towards achieving the
goals of a project.
Group of answer choices

Portfolio

Operations

Project

Process

A

Project

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3
Q

A ______________ is a temporary endeavor undertaken to create a unique product, service, or
result.

A

PROJECT

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4
Q

A project may be managed in six separate scenarios.
Group of answer choices

True

False

A

False

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5
Q

From among the following activities, which is the best example of a project?
Group of answer choices

Completing a college degree

Producing automobiles

Processing insurance claims

Writing a term paper

A

Writing a term paper

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6
Q

An area that is outside the scope of formal project management.

A

OPERATIONS MANAGEMENT

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7
Q

Project management is becoming a standard way of doing business.
Group of answer choices

True

False

A

t

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8
Q

Which of the following statements is true?

A. Project management is becoming a standard way of doing business

B. Project management is increasingly contributing to achieving organizational strategies

C. Project management is being used at a consistent percentage of a firm’s efforts

Group of answer choices

All statements are true

Both B and C are true

Both A and B are true

Both A and C are true

A

Both A and B are true

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9
Q

Which of the following activities is not considered a project?
Group of answer choices

Developing a new software program

Designing a space station

Developing a new advertising program

Production of automobile tires

A

Production of automobile tires

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10
Q

Which from the following statement(s) is/are NOT true?

I. Projects have defined objectives

II. Programs have a larger scope than projects

III. The projects and programs in a portfolio must be directly related

Group of answer choices

II and III only

II only

I only

III only

A

III only

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11
Q

A common and effective project management technique is to assign more people to the team if a
project gets behind schedule.
Group of answer choices

True

False

A

False

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12
Q

Portfolio defined as projects, programs, subsidiary portfolios and operations manage as a group to
achieve strategic objectives.
Group of answer choices

True

False

A

t

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13
Q

A project may be managed in three separate scenarios:

As a stand alone project
Without a program
Without a portfolio
Group of answer choices

True

False

A

False

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14
Q

Effective project management helps individuals, groups, and private organization to:
Group of answer choices

Meet business objectives

Resolve problems and issues

Manage change in a better manner

Satisfy stakeholder expectations

All choices are correct

Increase chances of success

A

All choices are correct

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15
Q

A program is usually a group of
Group of answer choices

people and work

plans

related projects

unrelated projects

A

related projects

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16
Q

Example of project outcomes include:
Group of answer choices

Great Wall of China

Commercial software application

Polio vaccine

All choices are correct

A

All choices are correct

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17
Q

Code of Ethics and Professional Conduct includes both aspirational standards and mandatory
standards.
Group of answer choices

True

False

A

True

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18
Q

Which of the following is not important values in Project Management community?
Group of answer choices

Kind

Honesty

Respect

Responsibility

A

Kind

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19
Q

Some project management competencies cannot be taught in a class but must be learned
through business experience.
Group of answer choices

True

False

A

True

20
Q

The causes of failed projects include shortcuts taken during the project, expectations
mismanagement, lack of or unreasonably precise targets, poor estimating techniques,
budget overruns, missed schedules, and lack of management and leadership.
Group of answer choices

True

False

A

True

21
Q

A project is considered successful if, (1) the resulting information system is acceptable to the
customer; (2) the system was delivered on time; (3) the system was within budget; and (4) the
system development process had a minimal impact on ongoing business operations.
Group of answer choices

True

False

A

t

22
Q

It is defined as a group of related projects, subsidiary programs, program activities managed in
coordinated manner to obtain benefits.

A

PROGRAM

23
Q

Integration of all project processes and practices to improve Project Management is due to
Group of answer choices

Environmental analysis

The organization’s environment and culture

Centralization

Customer Expectations

A

Centralization

24
Q

A series of coordinated, related, multiple projects that continue over extended time intended to
achieve a goal is known as a __________.
Group of answer choices

Program

Strategy

Crusade

Campaign

A

Program

25
Q

The project management causes of ____________ projects include shortcuts taken during the
project, expectations mismanagement, lack of or unreasonably precise targets, poor estimating
techniques, budget overruns, missed schedules, and lack of management and leadership.

A

FAILED

26
Q

Project management is ideally suited for a business environment requiring all of the following except
Group of answer choices

Repeatability

Speed

Flexibility

Innovation

A

Repeatability

27
Q

___________________ effectively manage multiple programs and projects that are underway at any
given time.

A

PORTFOLIO

28
Q

A Protocols is a document established by an authority, custom, or general consent as a model or
example.
Group of answer choices

True

False

A

False

29
Q

Effective and efficient project management should be considered a strategic competency within
organizations.
Group of answer choices

True

False

A

t

30
Q

The basic nature of a project is a/an _____ one.
Group of answer choices

for years

permanent

for a decade

temporary

A

temporary

31
Q

All of the following would generally be considered to be a characteristic of a project except:
Group of answer choices

Performed by internal staff

Interrelated tasks

A definite end

An established objective

A

Performed by internal staff

32
Q

Organizational Project Management helps to ensure that all level in the organization understand the
strategic vision, the initiatives that support the vision, the objectives and the deliverable.
Group of answer choices

True

False

A

t

33
Q

____________________________ defined as the centralized management of one or more portfolios
to achieve strategic objectives. The programs or projects of the portfolio may not necessarily be
interdependent or directly related.

A

PORTFOLIO MANAGEMENT

34
Q

________________________ is the application of knowledge, skills, tools, and techniques to project
activities to meet the project requirements.

A

PROJECT MANAGEMENT

35
Q

Programs are not large project. Large project is referred to as a ___________________.

A

MEGAPROJECT

36
Q

The importance of project management has increased due to:

Choose the best answer.

A. The movement of manufacturing operations

B. Time to market

C. The movement toward flatter and leaner organizations

Group of answer choices

Both A and B are true

Both A and C are true

All statements are true

Both B and C are true

A

All statements are true

37
Q

Operations Management concerned with the ongoing production of goods and/or services and
managing that transform input to output.
Group of answer choices

True

False

A

t

38
Q

Project management is the process of scoping, planning, staffing, organizing, directing, and
controlling the development of an acceptable system at a minimum cost within a specified time frame.
Group of answer choices

True

False

A

t

39
Q

Because of the profitability motive, project management is nearly always limited to the private sector.
Group of answer choices

True

False

A

False

40
Q

A _________ is a series of coordinated, related; multiple projects that continue over extended time intended to achieve a goal.

A

PROGRAM

41
Q

Poorly managed projects or the absence of project management may result in:

Group of answer choices

All choices are correct

Cost overruns

Loss of reputation for the organization

Uncontrolled expansion of the project

Unsatisfied stakeholders

Poor quality

A

All choices are correct

42
Q

Competing in a global market is influenced by

A. Rapid change

B. Innovation

C. Time to market

Group of answer choices

Both A and B are correct

All choices are correct

Only C is correct

Both A and C are correct

A

All choices are correct

43
Q

The process of scoping, planning, staffing, organizing, and controlling the development of an acceptable system at a minimum cost within a specified time frame is:
Group of answer choices

Project Management

Expectations Management Matrix

Statement of Work

Process Management

A

Project Management

44
Q

The Standard for Project Management is a foundational reference for project management professional development programs and the practice of project management.
Group of answer choices

True

False

A

t

45
Q

Which of the following is not considered to be a characteristic of a project?
Group of answer choices

Complex tasks

A clear beginning and end

Only for internal use

An established objective

A

Only for internal use

CS PROJECT MANAGEMENT (4 decks)

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