Question 1

The amount of estimated resources helps to determine the estimated durations.

Accepted Answer

A) True 
 B)False  True

Question 2

Describe what each of the following mean in project planning: what, how, who, how long, and how much.

Accepted Answer

Responses will vary.Responses should include what needs to be done scope, deliverables), how it will get done activities, sequence), who will do it resources, responsibility), how long it will take durations, schedule), and how much it will cost budget).
Project planning involves what needs to be done scope, deliverables), how it will get done activities, sequence), who will do it resources, responsibility), how long it will take durations, schedule), and how much it will cost budget).

Question 3

A project has an unlimited time frame.

Accepted Answer

A) True 
 B)False  False

Question 4

A stakeholder has concerns about a project, the project team should

Accepted Answer

A) wait for the stakeholder to contact the project manager about the concern. 
B) prepare a defense for their project decisions. 
C) write letters to all the stakeholders to not worry about the project. 
D) be proactive and contact the stakeholder. 
A) wait for the stakeholder to contact the project manager about the concern. 
B) prepare a defense for their project decisions. 
C) write letters to all the stakeholders to not worry about the project. 
D) be proactive and contact the stakeholder.

Question 5

People are the only resource used in a project.

Accepted Answer

A) True 
 B)False

Question 6

The sponsor provides funds to accomplish the project.

Accepted Answer

A) True 
 B)False

Question 7

Every project has a starting date and an ending date.

Accepted Answer

A) True 
 B)False

Question 8

Globalization changes the dynamics of a project and adds a layer of complexity that can reduce the risks of accomplishing the project outcome.

Accepted Answer

A) True 
 B)False

Question 9

A project team is contacted by a stakeholder about a concern related to their project, the project team should

Accepted Answer

A) communicate with the stakeholder individually to deal with the concern. 
B) send a mass email to all stakeholders to let them know the project is on time and under budget. 
C) ignore the concern because one stakeholder is not important. 
D) share the concern with all the other stakeholders to see if they agree. 
A) communicate with the stakeholder individually to deal with the concern. 
B) send a mass email to all stakeholders to let them know the project is on time and under budget. 
C) ignore the concern because one stakeholder is not important. 
D) share the concern with all the other stakeholders to see if they agree.

Question 10

How could currency fluctuations and exchange rates impact the accomplishment of the project objective and customer satisfaction?

Accepted Answer

Currency fluctuations and exchange rate

Question 11

A project objective is the tangible end product that the project team must produce or deliver.

Accepted Answer

A) True 
 B)False

Question 12

A project is carried out through a series of independent tasks.

Accepted Answer

A) True 
 B)False

Question 13

The project scope document should include a list of deliverables and associated acceptance criteria.

Accepted Answer

A) True 
 B)False

Question 14

A network diagram is a hierarchical decomposition of the project scope into work elements to be executed to produce the project deliverables.

Accepted Answer

A) True 
 B)False

Question 15

A project is an endeavor to accomplish a specific objective through a unique set of nonrelated tasks and the effective utilization of resources.

Accepted Answer

A) True 
 B)False

Question 16

Projects are constrained only by the scope, schedule, and budget.

Accepted Answer

A) True 
 B)False

Question 17

Expected benefits and outcomes may be included in the project objective.

Accepted Answer

A) True 
 B)False

Question 18

Describe benefits of including the people that will be involved in performing the project when planning the project.

Accepted Answer

Including the people who will be involve

Question 19

A satisfied customer is a benefit of implementing project management techniques.

Accepted Answer

A) True 
 B)False

Question 20

The outcome of a project is a tangible end product.

Accepted Answer

A) True 
 B)False

The amount of estimated resources helps to determine the estimated durations.

Describe what each of the following mean in project planning: what, how, who, how long, and how much.

A project has an unlimited time frame.

A stakeholder has concerns about a project, the project team should

People are the only resource used in a project.

The sponsor provides funds to accomplish the project.

Every project has a starting date and an ending date.

Globalization changes the dynamics of a project and adds a layer of complexity that can reduce the risks of accomplishing the project outcome.

A project team is contacted by a stakeholder about a concern related to their project, the project team should

How could currency fluctuations and exchange rates impact the accomplishment of the project objective and customer satisfaction?

A project objective is the tangible end product that the project team must produce or deliver.

A project is carried out through a series of independent tasks.

The project scope document should include a list of deliverables and associated acceptance criteria.

A network diagram is a hierarchical decomposition of the project scope into work elements to be executed to produce the project deliverables.

A project is an endeavor to accomplish a specific objective through a unique set of nonrelated tasks and the effective utilization of resources.

Projects are constrained only by the scope, schedule, and budget.

Expected benefits and outcomes may be included in the project objective.

Describe benefits of including the people that will be involved in performing the project when planning the project.

A satisfied customer is a benefit of implementing project management techniques.

The outcome of a project is a tangible end product.

Identifying and Selecting Projects

Developing Project Proposals

Defining Scope, Quality, Responsibility, and Activity Sequence

Developing the Schedule

Resource Utilization

Determining Costs, Budget, and Earned Value

Managing Risk

Closing the Project

The Project Manager

The Project Team

Project Communication and Documentation

Project Management Organizational Structures

Filters

Exam 1: Project Management Concepts

The amount of estimated resources helps to determine the estimated durations.

Describe what each of the following mean in project planning: what, how, who, how long, and how much.

A project has an unlimited time frame.

A stakeholder has concerns about a project, the project team should

People are the only resource used in a project.

The sponsor provides funds to accomplish the project.

Every project has a starting date and an ending date.

Globalization changes the dynamics of a project and adds a layer of complexity that can reduce the risks of accomplishing the project outcome.

A project team is contacted by a stakeholder about a concern related to their project, the project team should

How could currency fluctuations and exchange rates impact the accomplishment of the project objective and customer satisfaction?

A project objective is the tangible end product that the project team must produce or deliver.

A project is carried out through a series of independent tasks.

The project scope document should include a list of deliverables and associated acceptance criteria.

A network diagram is a hierarchical decomposition of the project scope into work elements to be executed to produce the project deliverables.

A project is an endeavor to accomplish a specific objective through a unique set of nonrelated tasks and the effective utilization of resources.

Projects are constrained only by the scope, schedule, and budget.

Expected benefits and outcomes may be included in the project objective.

Describe benefits of including the people that will be involved in performing the project when planning the project.

A satisfied customer is a benefit of implementing project management techniques.

The outcome of a project is a tangible end product.

Identifying and Selecting Projects

Developing Project Proposals

Defining Scope, Quality, Responsibility, and Activity Sequence

Developing the Schedule

Resource Utilization

Determining Costs, Budget, and Earned Value

Managing Risk

Closing the Project

The Project Manager

The Project Team

Project Communication and Documentation

Project Management Organizational Structures

Filters