Question 1

Which of the following should a project manager ideally do to efficiently manage a project?

Accepted Answer

A)  commit to delivering features that stakeholders are expecting even if timelines are narrow 
B)  allow end-users to learn from their mistakes instead of hand-holding after launch 
C)  avoid making unpopular decisions that might dismay the sponsor or clients 
D)  communicate the time, cost, and scope constraints clearly as the project unfolds 
A)  commit to delivering features that stakeholders are expecting even if timelines are narrow 
B)  allow end-users to learn from their mistakes instead of hand-holding after launch 
C)  avoid making unpopular decisions that might dismay the sponsor or clients 
D)  communicate the time, cost, and scope constraints clearly as the project unfolds

Question 2

________ refers to all the procedures, documentation, and resources an organization puts into place to prepare for a crisis situation and recover technical infrastructure.

Accepted Answer

A)  Due diligence 
B)  Disaster recovery 
C)  Business automation 
D)  Process mining 
A)  Due diligence 
B)  Disaster recovery 
C)  Business automation 
D)  Process mining

Question 3

The stage at which a project is conceived is known as the ________ process.

Accepted Answer

A)  initiating 
B)  planning 
C)  monitoring 
D)  controlling 
A)  initiating 
B)  planning 
C)  monitoring 
D)  controlling

Question 4

________ refer to products, documents, or services that will be handed over to the sponsor during the course of the project.

Accepted Answer

A)  Resources 
B)  Standards 
C)  Deliverables 
D)  Benchmarks 
A)  Resources 
B)  Standards 
C)  Deliverables 
D)  Benchmarks

Question 5

Which of the following is true of black swan events?

Accepted Answer

A)  They are the most frequently occurring disruptions in information systems. 
B)  The term is exclusively used to describe malicious attacks on information systems. 
C)  The invention of the personal computer is an example of a black swan. 
D)  They can be prevented with simple prediction models. 
A)  They are the most frequently occurring disruptions in information systems. 
B)  The term is exclusively used to describe malicious attacks on information systems. 
C)  The invention of the personal computer is an example of a black swan. 
D)  They can be prevented with simple prediction models.

Question 6

________ in project management include all the coordinating efforts that ensure that tasks on the work breakdown structure are carried out properly.

Accepted Answer

A)  Initiating processes 
B)  Designing processes 
C)  Planning processes 
D)  Executing processes 
A)  Initiating processes 
B)  Designing processes 
C)  Planning processes 
D)  Executing processes

Question 7

Executing processes involve coordinating efforts that ensure the tasks on the work breakdown structure are carried out properly.

Accepted Answer

A) True 
 B)False

Question 8

Discuss the differences between processes and projects.

Accepted Answer

Projects are temporary, with their own b

Question 9

Which of the following best describes a hindsight bias?

Accepted Answer

A)  the tendency to rely on one piece of information, however irrelevant 
B)  the tendency to claim more responsibility for successes than failures 
C)  the tendency to choose information that supports our existing position 
D)  the belief that an actual event was predictable even if it was not 
A)  the tendency to rely on one piece of information, however irrelevant 
B)  the tendency to claim more responsibility for successes than failures 
C)  the tendency to choose information that supports our existing position 
D)  the belief that an actual event was predictable even if it was not

Question 10

A ________ refers to the tendency to underestimate the time it will take to complete a task.

Accepted Answer

A)  regression fallacy 
B)  planning fallacy 
C)  deductive fallacy 
D)  continuum fallacy 
A)  regression fallacy 
B)  planning fallacy 
C)  deductive fallacy 
D)  continuum fallacy

Question 11

The term ________ refers to the way in which features are added in an uncontrolled way, often without considering the impact on the budget or timeline.

Accepted Answer

A)  cone of uncertainty 
B)  scope creep 
C)  risk appetite 
D)  conceptual fusion 
A)  cone of uncertainty 
B)  scope creep 
C)  risk appetite 
D)  conceptual fusion

Question 12

Which of the following is an accurate definition of "black swans"?

Accepted Answer

A)  malicious software programs with the potential to disable enormous networks 
B)  software programs that are designed to attract malicious attacks to study their properties 
C)  rare events that are difficult or nearly impossible to predict 
D)  stages along the project management process at which regular progress checks are made 
A)  malicious software programs with the potential to disable enormous networks 
B)  software programs that are designed to attract malicious attacks to study their properties 
C)  rare events that are difficult or nearly impossible to predict 
D)  stages along the project management process at which regular progress checks are made

Question 13

Which of the following best describes a scope creep?

Accepted Answer

A)  a method of keeping track of a project's progress unobtrusively 
B)  the way in which project features are added in an uncontrolled way 
C)  the process through which a project's deliverables can be achieved much ahead of a deadline 
D)  a method of assessing the resource requirements for a project 
A)  a method of keeping track of a project's progress unobtrusively 
B)  the way in which project features are added in an uncontrolled way 
C)  the process through which a project's deliverables can be achieved much ahead of a deadline 
D)  a method of assessing the resource requirements for a project

Question 14

A(n) ________ is a document which clarifies the features included in the project and provides a work breakdown structure.

Accepted Answer

A)  executive summary 
B)  business case 
C)  scope statement 
D)  mission statement 
A)  executive summary 
B)  business case 
C)  scope statement 
D)  mission statement

Question 15

The ________ lays out rules about what employees are allowed to do with IT resources and what activities are disallowed.

Accepted Answer

A)  executive summary 
B)  acceptable-use policy 
C)  project charter 
D)  business case 
A)  executive summary 
B)  acceptable-use policy 
C)  project charter 
D)  business case

Question 16

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

Accepted Answer

A)  Projects are permanent in nature whereas processes are temporary. 
B)  Projects are unique and one of a kind whereas processes are recurring in nature. 
C)  Projects need to be tweaked so that the underlying activities are streamlined whereas processes involve uncertainty. 
D)  Projects have broadly defined non-specific goals whereas processes have specific goals. 
A)  Projects are permanent in nature whereas processes are temporary. 
B)  Projects are unique and one of a kind whereas processes are recurring in nature. 
C)  Projects need to be tweaked so that the underlying activities are streamlined whereas processes involve uncertainty. 
D)  Projects have broadly defined non-specific goals whereas processes have specific goals.

Question 17

Explain the closing processes involved in project management.

Accepted Answer

The closing processes formally end the p

Question 18

What is a black swan in a business environment? Explain.

Accepted Answer

A black swan refers to those extremely r

Question 19

Which of the following is true of the triple constraint in projects?

Accepted Answer

A)  The time constraint is the most critical of the three constraints in projects. 
B)  The three fundamentals that are known to constrain projects are insulated from each other. 
C)  Changes in one fundamental constraint force changes in the other constraints as well. 
D)  Cost constraints take precedence over time and scope constraints in all projects. 
A)  The time constraint is the most critical of the three constraints in projects. 
B)  The three fundamentals that are known to constrain projects are insulated from each other. 
C)  Changes in one fundamental constraint force changes in the other constraints as well. 
D)  Cost constraints take precedence over time and scope constraints in all projects.

Question 20

What is a project charter?

Accepted Answer

A project charter is a key document that

Which of the following should a project manager ideally do to efficiently manage a project?

________ refers to all the procedures, documentation, and resources an organization puts into place to prepare for a crisis situation and recover technical infrastructure.

The stage at which a project is conceived is known as the ________ process.

________ refer to products, documents, or services that will be handed over to the sponsor during the course of the project.

Which of the following is true of black swan events?

________ in project management include all the coordinating efforts that ensure that tasks on the work breakdown structure are carried out properly.

Executing processes involve coordinating efforts that ensure the tasks on the work breakdown structure are carried out properly.

Discuss the differences between processes and projects.

Which of the following best describes a hindsight bias?

A ________ refers to the tendency to underestimate the time it will take to complete a task.

The term ________ refers to the way in which features are added in an uncontrolled way, often without considering the impact on the budget or timeline.

Which of the following is an accurate definition of "black swans"?

Which of the following best describes a scope creep?

A(n) ________ is a document which clarifies the features included in the project and provides a work breakdown structure.

The ________ lays out rules about what employees are allowed to do with IT resources and what activities are disallowed.

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

Explain the closing processes involved in project management.

What is a black swan in a business environment? Explain.

Which of the following is true of the triple constraint in projects?

What is a project charter?

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

Exam 12: Project Management and Strategic Planning

Which of the following should a project manager ideally do to efficiently manage a project?

________ refers to all the procedures, documentation, and resources an organization puts into place to prepare for a crisis situation and recover technical infrastructure.

The stage at which a project is conceived is known as the ________ process.

________ refer to products, documents, or services that will be handed over to the sponsor during the course of the project.

Which of the following is true of black swan events?

________ in project management include all the coordinating efforts that ensure that tasks on the work breakdown structure are carried out properly.

Executing processes involve coordinating efforts that ensure the tasks on the work breakdown structure are carried out properly.

Discuss the differences between processes and projects.

Which of the following best describes a hindsight bias?

A ________ refers to the tendency to underestimate the time it will take to complete a task.

The term ________ refers to the way in which features are added in an uncontrolled way, often without considering the impact on the budget or timeline.

Which of the following is an accurate definition of "black swans"?

Which of the following best describes a scope creep?

A(n) ________ is a document which clarifies the features included in the project and provides a work breakdown structure.

The ________ lays out rules about what employees are allowed to do with IT resources and what activities are disallowed.

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

Explain the closing processes involved in project management.

What is a black swan in a business environment? Explain.

Which of the following is true of the triple constraint in projects?

What is a project charter?

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