PMBOK Chapter 1 - Introduction

Question 1

What is a standard? a ___ that describes established norms, methods, processes and practices

Answer 1

a formal document that describes established norms, methods, processes and practices

Question 2

What is a project? a ___ undertaken to create a unique product, service or result

Answer 2

a temporary endeavor undertaken to create a unique product, service or result

Question 3

What is a portfolio? a collection of ___, programs, subportfolios and operations managed as a group to achieve strategic objectives

Answer 3

a collection of projects, programs, subportfolios and operations managed as a group to achieve strategic objectives

Question 4

What are programs? a group of related ___, subprograms, and program activities managed in a coordinated way to obtain benefits not available from managing them individually

Answer 4

a group of related projects, subprograms, and program activities managed in a coordinated way to obtain benefits not available from managing them individually

Question 5

What is project management? the ___ of knowledge, skills, tools and techniques to project activities to meet the project requirements

Answer 5

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

Question 6

What is progressive elaboration? continuously ___ and detailing a plan as more detailed and specific information and more accurate estimates become available

Answer 6

continuously improving and detailing a plan as more detailed and specific information and more accurate estimates become available

Question 7

What is organizational project management (OPM)? a strategy execution ___ utilizing project, program and portfolio management

Answer 7

a strategy execution framework utilizing project, program and portfolio management

Question 8

What is portfolio management? the ___ management of one or more portfolios to achieve strategic objectives

Answer 8

the centralized management of one or more portfolios to achieve strategic objectives

Question 9

What is a Project Management Office (PMO)? a ___ structure that standardizes the project-related governance processes and facilitates the sharing of resources, methodologies, tools and techniques

Answer 9

a management structure that standardizes the project-related governance processes and facilitates the sharing of resources, methodologies, tools and techniques

Question 10

Three Types of PMO Structures: (s,c,d)

Answer 10

1) Supportive – provide a consultative role to projects by supplying templates, best practices, training etc
2) Controlling – provide support and require compliance through various means. the degree of control provided by the PMO is moderate
3) Directive – take control of the projects by directly managing the projects. degree of control provided by the PMO is high

Question 11

What is the primary function of the PMO? to ___project managers in a variety of ways

Answer 11

to support project managers in a variety of ways

Question 12

What is operations management? area of management concerned with ___ production of goods and/or services.

Answer 12

area of management concerned with ongoing production of goods and/or services.

Question 13

What are operations? ___ endeavors that produce ___ outputs, with resources assigned to do basically the same set of tasks according to the standards institutionalized in a product life cycle

Answer 13

ongoing endeavors that produce repetitive outputs, with resources assigned to do basically the same set of tasks according to the standards institutionalized in a product life cycle

Question 14

What are project-based organizations (PBOs)? refer to various organizational ___ that create temporary systems for carrying out their work

Answer 14

refer to various organizational forms that create temporary systems for carrying out their work

Question 15

What is business value? the ___ value of the business; the total sum of all tangible and intangible elements

Answer 15

the entire value of the business; the total sum of all tangible and intangible elements

Question 16

What is a project manager? the person assigned by the performing organization to lead the team that is responsible for achieving the project ___.

Answer 16

the person assigned by the performing organization to lead the team that is responsible for achieving the project objectives

Question 17

What is a functional manager focused on? providing management ___ for a functional or a business unit, and operations managers are responsible for ensuring that business operations are efficient

Answer 17

providing management oversight for a functional or a business unit, and operations managers are responsible for ensuring that business operations are efficient

Question 18

Effective project management requires that the project manager possess the following competencies: (k,p,p)

1) Knowledge – refers to what the project manager ___ about project management
2) Performance – refers to what the project manager is able to do or ___while applying his or her project management knowledge
3) Personal – refers to how the project management ___when performing the project or related activity

Answer 18

1) Knowledge – refers to what the project manager KNOWS about project management
2) Performance – refers to what the project manager is able to do or ACCOMPLISH while applying his or her project management knowledge
3) Personal – refers to how the project management BEHAVES when performing the project or related activity

Question 19

PMO Structure - Supportive

1) Supportive – provide a ___ role to projects by supplying templates, best practices, training etc

Answer 19

1) Supportive – provide a consultative role to projects by supplying templates, best practices, training etc

Question 20

PMO Structure - Controlling

2) Controlling – provide support and require compliance through various means. the degree of control provided by the PMO is ___.

Answer 20

2) Controlling – provide support and require compliance through various means. the degree of control provided by the PMO is moderate.

Question 21

PMO Structure - Directive

3) Directive – take control of the projects by directly managing the projects. degree of control provided by the PMO is ___.

Answer 21

3) Directive – take control of the projects by directly managing the projects. degree of control provided by the PMO is high.