Reference no: EM132238040

Chapter 1 Questions

1. You'll need to recognize project management terms and be able to apply them in your CAPM or PMP examination. A series of activities to create a unique product or service by a specific date is best described as which one of the following?
A. A program
B. An operation
C. A project
D. A subproject
C. A project is a temporary endeavor to create a unique product, service, or result. Deadlines and cost constraints are tied to the project.

2. Ben is a new employee in your organization and he's been assigned to your project team. Ben doesn't understand why he is on your project team because he thinks everything is part of the organization's day-to-day operations. Which of the following is likely to be part of an operation?
A. Providing electricity to a community
B. Designing an electrical grid for a new community
C. Building a new dam as a source of electricity
D. Informing the public about changes at the electrical company

3. You are the project manager of the HBH Project to install 40 new servers for your company network. You recommend, as part of your project planning, using progressive elaboration. Some of the project team members are confused on this concept. Of the following, which one is the best example of progressive elaboration?
A. It is the process of decomposing the work into small, manageable tasks.
B. It is the process of taking a project from concept to completion.
C. It is the process of taking a project concept to a project budget.
D. It is the process of identifying the business needs of a potential project.

4. Your organization would like to create a new product based on market research. This new product will be created by a project. This is an example of which one of the following reasons to launch a new project?
A. Organizational need
B. Customer request
C. Market demand
D. Legal requirement

5. Your organization utilizes projects, programs, and portfolios. Some of the project team members are confused on what a program is. A program is which one of the following?
A. A very large, complex project
B. A collection of small projects with a common goal
C. A collection of projects with a common objective
D. A collection of subprojects with a common customer

6. Sam and Sarah are in a heated discussion over a new program in the organization. They are trying to determine who will make the tactical decisions in the projects within the program. Who manages programs?
A. Management
B. Project sponsors
C. Project managers
D. Program managers

7. You have an excellent idea for a new project that can increase productivity by 20 percent in your organization. Management, however, declines to approve the proposed project because too many resources are already devoted to other projects. You have just experienced what?
A. Parametric modeling
B. Management by exception
C. Project portfolio management
D. Management reserve

8. While the project manager must balance risks, resources, and other aspects of the project, one of the fundamental concepts is the Iron Triangle. Of the following, which is not part of the Iron Triangle?
A. Quality
B. Time
C. Scope
D. Cost

9. Holly is a new project manager and she's working toward her CAPM certification. She is having some trouble understanding which processes she should implement in her new project based on the available processes in the PMBOK Guide. Of the following, which statement is correct?
A. A project manager must use every process identified within the PMBOK on every project.
B. A project must use every tool and technique as identified within the PMBOK on every project.
C. A project manager must use the most appropriate processes on every project.
D. A project manager must agree that he will use all of the project management tools and techniques on every project.

10. Projects are temporary endeavors to create a unique product, service, or result. Which one of the following does not relate to the concept of "temporary" in project management?
A. The project team
B. The market window status on which the project is capitalizing
C. The project deliverable
D. The project manager

11. Harold is the project manager of the JHG Project for his company and he's meeting with the key stakeholders to describe the deliverables of the project that will be implemented. Hanna, one of the stakeholders, is confused on why Harold talks about results of the project that aren't necessarily implemented. As an example, Harold says that a project creates a unique product, service, or result. Which one of the following is a result?
A. A new piece of software
B. A new airplane
C. A feasibility study
D. A call center

12. You are the project manager of the GHY Project for your company and you're working with the key project stakeholders to define the requirements of the project. One of the stakeholders mentions that there are industry standards, but there are also regulations for the project to consider. What is the difference between a standard and a regulation?
A. A standard is optional; regulations are not.
B. A standard is not optional; a regulation may be.
C. A standard is rarely optional; regulations are never optional.
D. A standard is a guideline; a regulation is a request.

13. A project manager needs five areas of expertise to be successful. Which one is not one of the five areas of expertise?
A. Application area knowledge
B. An understanding of the project environment
C. PMP or CAPM certification
D. Interpersonal skills

14. Project managers must be aware of the political and social environments that the project operates within. These environments can affect the project's ability to operate, can limit working hours, or cause embarrassment when the project manager assumes other cultures are the same as hers. Which one of the following is not a characteristic of a project's cultural and social environment?
A. Economics
B. Time zone differences
C. Demographics
D. Ethics

15. You are the project manager of the KHGT Project, which will span four countries around the world. You will need to considerall of the following characteristics of the international and political environment except for which one?
A. International, national, regional, and local laws
B. Customs
C. Customers
D. Holidays

16. Project managers need interpersonal skills, such as likeability, to help get the project work done. The project manager needs interpersonal skills to be effective in any organization and project. Which one of the following is not an example of an interpersonal skill?
A. Financial management and accounting
B. Influencing the organization
C. Motivating people
D. Problem solving

17. Jane is a senior project manager in your company. Wally is a new project manager who is working toward his CAPM certification. Jane decides that Wally would be a good candidate to manage a subproject in the organization. Brenda, the project sponsor, isn't certain what Jane means by a subproject. What is a subproject?
A. It is a smaller project that supports a parent project.
B. It is a project that is performing below expectations.
C. It is a project that has been experiencing project spin-off.
D. It is the delegation of a project phase.

18. Erin is a new project manager who is working toward her CAPM. She has been assigned a small project in her organization, but she feels that she could use some additional training, coaching, and mentoring. Where will a project manager most likely get project management mentoring?
A. Project Management International
B. The American Society for Quality
C. The project management office
D. Subject matter experts

19. Project managers and functional managers need to be able to recognize a condition that is best suited for a project,and a condition that is an operation within an entity. Which one of the following is an example of operations?
A. Creating a new community park
B. Designing a new car
C. Sending monthly invoices to an organization's 25,000 customers
D. Removing an old server and replacing it with a newer one

20. When considering the selection of projects to be initiated, project portfolio management considers all of the following except for which one?
A. Risk/reward categories
B. Lines of business
C. The project manager's experience
D. General types of projects

Chapter 2 Questions

1. There is a difference between the project, the project life cycle, the project schedule, and the overall project objective. At the core of these terms is the project life cycle. The project life cycle comprises which of the following?
A. Phases
B. Milestones
C. Estimates
D. Activities

2. Marci Koening, the project manager for the ERP Project, is about to complete the project phase review. The completion of a projectphase is also known as which of the following?
A. Lessons learned
B. The kill point
C. Earned value management
D. Conditional advancement

3. You are the project manager of the GHY Project for your organization. You have been tasked with creating a new software for your website which must also be available to mobile users. There are several deliverables that must be documented for this project. Which of thefollowing best describes a project deliverable?
A. The resources used by the project to complete the necessary work
B. The resources exported from the project as a result of the project work
C. The end result of a project planning session
D. A verifiable, measurable work product

4. As the project manager, you must work with your project team to identify the project and the project phases within the project schedule. This identification helps to communicate expectations and outcomes of the project work. The compilation of all the phases within a project equates to the ____________________.
A. Project life cycle
B. Product life cycle
C. Project completion
D. Project processes

5. Projects move through a logical progression from the initiation to the project closure. It's important to understand the fluctuation of costs, schedules, resources, and risks within the logical progression of the project life cycle. Which of the following describes the early stages of a project?
A. High costs and high demands for resources
B. A high demand for change
C. A high demand for project team time
D. Low costs and low demands for resources

6. Management has asked you to help them identify the points of the project where the risk of failure is highest and lowest. As a general rule, at which point is the risk of failure the lowest, but the consequence of failure the highest?
A. During the early stages.
B. During the middle stages.
C. During the final stages.
D. The risk of failure is even across all project phases.

7. Project team members are most likely to work full-time on a project in which of the following organizational structures?

A. Functional
B. Weak matrix
C. Strong matrix
D. Projectized

8. Marcy is the project manager of the GQD Project for her organization. She is working with Stan, the project sponsor, and they areidentifying the most likely phases for this type of project work. Why would an organization divide a project into phases?
A. To provide better management and control of the project
B. To identify the work that will likely happen within a phase of the project
C. To identify the resources necessary to complete a phase of the project
D. To define the cash-flow requirements within each phase of the project

9. You are the project manager for your organization. Gary, a new project team member, approaches you because he's confused about the concept of the project life cycle. If youwere explaining the project life cycle to Gary, you could say that all of the following are true statements about the project life cycle except for which one?
A. The project life cycle defines the work to be done in each phase of the project.
B. The project life cycle defines the deliverables that each phase will create.
C. The project life cycle defines who is involved in each phase.
D. The project life cycle defines how much each phase will cost.

10. You are the project manager of a new project. When is the likelihood of failing to achieve the objectives the highest within your project?
A. There is not enough information providedto know for certain.
B. At the start of the project.
C. At the end of the project.
D. During the intermediate phases of the project.

11. You are the project manager for your organization and a new project has just been initiated. You know it is important to identify stakeholders and their attitudes toward the project as early as possible in the project life cycle. Which one of the following is an example of a positive stakeholder?
A. The comptroller within your organization
B. A customer who is eager for your project's deliverable
C. An environmental group that has claims against your project
D. A union

12. You know that there are positive, negative, and neutral stakeholders in your project. And based on your influence, stakeholders' attitudes toward the project can change. You want to work with the project team to ensure that all of the project stakeholders have been identified as part of the project initiation. None of the following are key project stakeholders except for which one?
A. Union
B. Sellers
C. Technical interface
D. Inspector

13. You are a project manager acting in a functional organization. The functional manager and you disagree about several deliverables the project will be creating. The functional manager insists that you begin the project work now. What must you do?
A. Begin work.
B. Resolve all of the issues with the functional manager before you begin working.
C. Continue planning because you are theproject manager.
D. Begin work as long as the issues don't affect the project deliverables.

14. You are a project manager working under a PMO. Your project resources are shared among several projects. To whom will the project team members report?
A. The project manager of each project
B. The functional managers
C. The PMO
D. The project manager of their primary project

15. You are the project manager for your organization and you're working with the project team to explain the approach of the project life cycle and how you'll be managing proposed changes to the project scope. As a general rule, at what point in the project may stakeholders most cost-effectively recommend changes to the project deliverable?
A. Before the project charter is created
B. At the start of the project
C. During the intermediate phases
D. During the final phase of the project

16. Beth is the project manager for her organization and she's just received word that the organization has decided to kill a project. When is this decision most likely made?
A. At the end of a phase
B. At the start of a phase
C. When the project is not meeting its financial requirements
D. When technology has superseded some of the technology used within the project

17. Nancy is a project manager for the NHG Corporation. She has identified several positive stakeholders for her construction project and a few negative stakeholders. Nancy and the project team have been meeting regularly with the positive stakeholders but have not met with the negative stakeholders. What can happen if Nancy ignores negative stakeholders?
A. Her project will likely succeed without any objections.
B. Her project may suffer poor political capital from the negative stakeholders.
C. Her project will risk failure to bring the project to a successful end.
D. The negative stakeholders will not havean opportunity to communicate with the project manager.

18. Don is the project manager for his organization. In this project, his team willbe composed of local workers and workers from Scotland, India, and Belgium. Don knows that he needs to consider the working hours, culture, and expectations of this virtual team in order to manage it successfully. All of the following are cultural attributes of an organization except for which one?
A. Policies and procedures
B. Work ethics
C. View of authority relationships
D. Experience of the project management team

19. You are a new project manager for your organization. Management has asked you to begin creating a project management plan with your project team based on a recently initiated project. The project management plan defines which one of the following?
A. Who the project manager will be
B. How the project manager will use the project management system
C. When the project team will be assembled and released
D. How the deliverable will be shipped to the customer

20. You are the project manager in your organization. Unlike your last job, which used a functional structure, this organization is utilizing a weak matrix. Who has full authority over project funding in a weak matrix?
A. The project manager
B. The functional manager
C. The PMO
D. The project sponsor

Assignment "PMP Exam Strategic Plan"

Knowing the terminology of project management is critical to passing the exam.

For this assignment you are asked to review the terminology section of Chapter 1 & Chapter 2.

Write a 2 page paper. In your paper discuss the following:

• Complete the 20 review questions at the end of Chapter 1

• Complete the 20 review questions at the end of Chapter 2

• Complete a paragraph on each of the three questions you found most challenging in Chapter 1 and Chapter 2

• In the paragraphs include the question and the correct answer - and the strategy you will use to remember how to answer similar questions on the topic area in the future

Include a cover sheet and 2-3 references. References should be obtained through the Grantham University online library. You may use online references for this assignment (not Wikipedia).

Please adhere to the Publication Manual of the American Psychological Association (APA), 6th ed., 2nd printing when writing and submitting assignments and papers.