Question 1

A project charter ensures that there is no scope for change in the later phases of a project and thus helps avoiding scope creep.

Accepted Answer

A) True 
 B)False

Question 2

The human tendency to choose information to examine and support a view they already hold and ignore data that might refute their hypothesis is known as a ________.

Accepted Answer

A)  confirmation bias 
B)  optimism bias 
C)  congruence bias 
D)  distinction bias 
A)  confirmation bias 
B)  optimism bias 
C)  congruence bias 
D)  distinction bias

Question 3

The term ________ refers to the tendency for people to rely too heavily on one piece of information to adjust their estimates, even if it is irrelevant.

Accepted Answer

A)  availability bias 
B)  confirmation bias 
C)  anchoring 
D)  planning fallacy 
A)  availability bias 
B)  confirmation bias 
C)  anchoring 
D)  planning fallacy

Question 4

A confirmation bias is a rare human tendency to believe that an event was predictable even if it was not.

Accepted Answer

A) True 
 B)False

Question 5

Binding, formal agreements with vendors and consultants are essential to the success of a project.

Accepted Answer

A) True 
 B)False

Question 6

The ________ is a continuous process that oversees all the projects for an organization, selecting which projects to pursue and culling those projects that have a poor prognosis.

Accepted Answer

A)  total quality management 
B)  business process outsourcing 
C)  project portfolio management 
D)  change management 
A)  total quality management 
B)  business process outsourcing 
C)  project portfolio management 
D)  change management

Question 7

The ________ refers to the longest course through the project, which identifies those tasks that can't be delayed without affecting the finish date.

Accepted Answer

A)  clustering coefficient 
B)  critical path 
C)  long tail 
D)  project map 
A)  clustering coefficient 
B)  critical path 
C)  long tail 
D)  project map

Question 8

The closing phase of a project should also include a process that documents the lessons learned from the project.

Accepted Answer

A) True 
 B)False

Question 9

Every project is constrained by three fundamental, interrelated forces: time, cost, and scope.

Accepted Answer

A) True 
 B)False

Question 10

Introduction of new information systems involves change when some processes are drastically revised or eliminated through business process management efforts.

Accepted Answer

A) True 
 B)False

Question 11

The ________ lays the groundwork for the project by clarifying the value it will bring to the organization, setting its objectives, and estimating the project's length, scope, and cost.

Accepted Answer

A)  controlling process 
B)  initiating process 
C)  planning process 
D)  executing process 
A)  controlling process 
B)  initiating process 
C)  planning process 
D)  executing process

Question 12

Which of the following is an example of an executing process?

Accepted Answer

A)  defining milestones and goals 
B)  allocating work assignments 
C)  fixing project schedules 
D)  identifying deliverables 
A)  defining milestones and goals 
B)  allocating work assignments 
C)  fixing project schedules 
D)  identifying deliverables

Question 13

In which of the following project management areas is a Gantt chart most likely to be used?

Accepted Answer

A)  scope assessment 
B)  time management 
C)  human resource management 
D)  risk management 
A)  scope assessment 
B)  time management 
C)  human resource management 
D)  risk management

Question 14

One of the challenges for a program management office is that ________.

Accepted Answer

A)  it creates conflicts between project managers 
B)  it does not have control over all projects of the organization 
C)  it offers only short term strategies to lower costs 
D)  it has to account for differences in people's judgment of the same things 
A)  it creates conflicts between project managers 
B)  it does not have control over all projects of the organization 
C)  it offers only short term strategies to lower costs 
D)  it has to account for differences in people's judgment of the same things

Question 15

The term ________ is used to describe an extremely rare event that is difficult or nearly impossible to predict, but which can have an immense impact in areas such as technology, finance, and science.

Accepted Answer

A)  honeypot 
B)  Trojan horse 
C)  black swan 
D)  long tail 
A)  honeypot 
B)  Trojan horse 
C)  black swan 
D)  long tail

Question 16

Which of the following is a challenge faced in the closing phase of a project?

Accepted Answer

A)  motivating project stakeholders 
B)  documenting lessons learned 
C)  creating a work breakdown structure 
D)  implementing mitigation strategies 
A)  motivating project stakeholders 
B)  documenting lessons learned 
C)  creating a work breakdown structure 
D)  implementing mitigation strategies

Question 17

Explain how project management software helps managers to plan and track projects.

Accepted Answer

Project management software provides ext

Question 18

A(n) ________ bias refers to the tendency to judge the probability of an event based on how easily examples come to mind.

Accepted Answer

A)  availability 
B)  overconfidence 
C)  anchoring 
D)  optimism 
A)  availability 
B)  overconfidence 
C)  anchoring 
D)  optimism

Question 19

Which of the following best describes an availability bias?

Accepted Answer

A)  the tendency of people to do or believe things because many others do 
B)  the tendency to judge an event based on how easily examples come to mind 
C)  the tendency to draw different conclusions from a wide range of information 
D)  the tendency for people to have stronger preferences for immediate payoffs 
A)  the tendency of people to do or believe things because many others do 
B)  the tendency to judge an event based on how easily examples come to mind 
C)  the tendency to draw different conclusions from a wide range of information 
D)  the tendency for people to have stronger preferences for immediate payoffs

Question 20

A black swan refers to those favorable, external events which contribute to an organization's growth.

Accepted Answer

A) True 
 B)False

A project charter ensures that there is no scope for change in the later phases of a project and thus helps avoiding scope creep.

The human tendency to choose information to examine and support a view they already hold and ignore data that might refute their hypothesis is known as a ________.

The term ________ refers to the tendency for people to rely too heavily on one piece of information to adjust their estimates, even if it is irrelevant.

A confirmation bias is a rare human tendency to believe that an event was predictable even if it was not.

Binding, formal agreements with vendors and consultants are essential to the success of a project.

The ________ is a continuous process that oversees all the projects for an organization, selecting which projects to pursue and culling those projects that have a poor prognosis.

The ________ refers to the longest course through the project, which identifies those tasks that can't be delayed without affecting the finish date.

The closing phase of a project should also include a process that documents the lessons learned from the project.

Every project is constrained by three fundamental, interrelated forces: time, cost, and scope.

Introduction of new information systems involves change when some processes are drastically revised or eliminated through business process management efforts.

The ________ lays the groundwork for the project by clarifying the value it will bring to the organization, setting its objectives, and estimating the project's length, scope, and cost.

Which of the following is an example of an executing process?

In which of the following project management areas is a Gantt chart most likely to be used?

One of the challenges for a program management office is that ________.

The term ________ is used to describe an extremely rare event that is difficult or nearly impossible to predict, but which can have an immense impact in areas such as technology, finance, and science.

Which of the following is a challenge faced in the closing phase of a project?

Explain how project management software helps managers to plan and track projects.

A(n) ________ bias refers to the tendency to judge the probability of an event based on how easily examples come to mind.

Which of the following best describes an availability bias?

A black swan refers to those favorable, external events which contribute to an organization's growth.

Information Systems and People

Systems Development and Procurement

Information Systems and Strategy

Information and Communications Technologies: The Enterprise Architecture

Managing Information Resources with Databases

Information Systems for the Enterprise

The Web and E-Commerce

Ethics, Privacy, and Security

Business Intelligence and Decision Support

Collaborating with Technology

Knowledge Management and E-Learning

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Exam 12: Project Management and Strategic Planning

A project charter ensures that there is no scope for change in the later phases of a project and thus helps avoiding scope creep.

The human tendency to choose information to examine and support a view they already hold and ignore data that might refute their hypothesis is known as a ________.

The term ________ refers to the tendency for people to rely too heavily on one piece of information to adjust their estimates, even if it is irrelevant.

A confirmation bias is a rare human tendency to believe that an event was predictable even if it was not.

Binding, formal agreements with vendors and consultants are essential to the success of a project.

The ________ is a continuous process that oversees all the projects for an organization, selecting which projects to pursue and culling those projects that have a poor prognosis.

The ________ refers to the longest course through the project, which identifies those tasks that can't be delayed without affecting the finish date.

The closing phase of a project should also include a process that documents the lessons learned from the project.

Every project is constrained by three fundamental, interrelated forces: time, cost, and scope.

Introduction of new information systems involves change when some processes are drastically revised or eliminated through business process management efforts.

The ________ lays the groundwork for the project by clarifying the value it will bring to the organization, setting its objectives, and estimating the project's length, scope, and cost.

Which of the following is an example of an executing process?

In which of the following project management areas is a Gantt chart most likely to be used?

One of the challenges for a program management office is that ________.

The term ________ is used to describe an extremely rare event that is difficult or nearly impossible to predict, but which can have an immense impact in areas such as technology, finance, and science.

Which of the following is a challenge faced in the closing phase of a project?

Explain how project management software helps managers to plan and track projects.

A(n) ________ bias refers to the tendency to judge the probability of an event based on how easily examples come to mind.

Which of the following best describes an availability bias?

A black swan refers to those favorable, external events which contribute to an organization's growth.

Information Systems and People

Systems Development and Procurement

Information Systems and Strategy

Information and Communications Technologies: The Enterprise Architecture

Managing Information Resources with Databases

Information Systems for the Enterprise

The Web and E-Commerce

Ethics, Privacy, and Security

Business Intelligence and Decision Support

Collaborating with Technology

Knowledge Management and E-Learning

Filters