Practice EXAM Flashcards

1
Q

Project portfolio management addresses ___________ goals of an organisation

a) Internal
b) External
c) Strategic
d) Tactical
e) Operational

A

c) Strategic

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2
Q
Projectitis is most likely to occur with which one of the following project management
structure?
a) Functional organisation
b) Balanced matrix organisation
c) Strong matrix organisation
d) Dedicated Teams organisation
e) Network organisation
A

c) Strong matrix organisation

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3
Q
Which of the following is not one of the items that would appear on a project scope
checklist?
a) Deliverables
b) Technical requirements
c) Objectives
d) Work breakdown structure
e) Reviews with customer
A

d) Work breakdown structure

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4
Q

All the following are true about work packages except

a) Consume resources
b) Assigned to only one manager
c) Have medium to long duration
d) Definitive start date
e) Definite stop date

A

c) Have medium to long duration

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5
Q
The integration of project work packages within the organisation's management structure is
known as
a) responsibility matrix
b) organisation breakdown structure
c) work breakdown structure
d) priority matrix
e) process breakdown structure
A

c) work breakdown structure

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6
Q

Function point estimating methods are used in:

a) Building construction projects
b) Software development projects
c) R & D projects
d) Marketing projects

A

b) Software development projects

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7
Q

Which of the following would be considered a direct project cost?

a) CEO’s salary
b) Project manager’s salary
c) Labour cost
d) Marketing and advertisement costs

A

d) Marketing and advertisement costs

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8
Q

Which is incorrect regarding the critical path?

a) Shortest time to complete a project
b) Longest time to complete a project
c) Project path with zero slack
d) Delays in activities will delay the project

A

a) Shortest time to complete a project

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9
Q

A project has three paths. A-B-C has a length of 25 days. A-D-C has a length of 15 days.
Finally, A-E-C has a length of 20 days. Which one of the following statements is true?
a) A-D-C is the critical path.
b) A-B-C has the most slack.
c) The expected duration of this project is 25 days.
d) The expected duration of this project is 60 days

A

c) The expected duration of this project is 25 days.

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10
Q
What kind of a relationship is implied when completion of a successor is dependent on
initiation of its predecessor?
a) Finish-to-finish
b) Start-to-finish
c) Start-to-start
d) Finish-to-start
A

b) Start-to-finish

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11
Q

Which of the following choices is not one of the driving forces behind the increasing demand
for project management?
a) Compression of the product life cycle
b) Knowledge explosion
c) Development of third world and closed economies
d) Global warming
e) Corporate downsizing

A

c) Development of third world and closed economies

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12
Q
All projects have the triple constraints of project management which is made up of which
three factors?
a) Time, cost and scope
b) Time, cost and quality
c) Cost, schedule and stakeholders
d) Time, scope and quality
A

a) Time, cost and scope

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13
Q
In which particular project phase do the project sponsors have the greatest influence on the
scope, time and cost of the project?
a) Defining
b) Planning
c) Executing
d) Closing
A

a) Defining

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14
Q

Johan is project manager working for an accounting firm. To get results, Johan often tells
team members that if deadlines are not met, he will have to discuss their performance with
their respective functional departmental managers. What is the project management
structure of Johan’s project?
a) Strong matrix
b) Balanced matrix
c) Weak matrix
d) Functional
e) Projectised

A

d) Functional

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15
Q

Organisational culture refers to a system of ____________which binds people together,
thereby creating shared meanings.
a) Shared norms, ethnicity, values and assumptions
b) Shared norms, beliefs, values and assumptions
c) Shared tasks, beliefs, values and assumptions

A

b) Shared norms, beliefs, values and assumptions

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16
Q

Who has the most power on a project team in a functional organisation of the project?

a) The project manager
b) The project sponsor
c) The project team
d) The functional manager

A

d) The functional manager

17
Q
In reviewing the project plan, Susan sees that the first prototype is due by October 12. This
would be best classified as a:
a) Project target
b) Limit item
c) Milestone
d) Project objective
e) Critical goal
A

c) Milestone

18
Q

The smallest item in the WBS is called what?

a) A task
b) A deliverable
c) A work package
d) A work element
e) An activity

A

c) A work package

19
Q

Which of the following is not one of the basic classifications of project priorities?

a) Profit
b) Cost
c) Time
d) Performance
e) All of these options are basic classifications

A

a) Profit

20
Q

Which of the following is NOT considered when enlisting the use of top-down budgeting?

a) Judgement of top-level managers
b) Experience of top and mid-level managers
c) Cost estimates of work packages
d) Data from similar past projects

A

c) Cost estimates of work packages

21
Q
Sean is forecasting the time and cost of developing a customised software program by
looking at the number of inputs, outputs, inquires, files, and interfaces. Which of the
following methods is he using?
a) Ratio
b) Template
c) Apportion
d) Function point
e) Learning curve
A

d) Function point

22
Q

. Learning curves are more likely to apply in situations where most of the costs are

a) Materials
b) Labour
c) Overhead
d) Evenly spread over materials, labour, and overhead
e) All of these are equally likely situations for learning curves

A

b) Labour

23
Q
The procedure that constructs individual budgets from the work breakdown structure is
called:
a) Top-down budgeting
b) Bottom-up budgeting
c) Budget request process
d) Parametric method
e) Ratio method
A

b) Bottom-up budgeting