1. Which of the following can be considered a project? The operation of an automobile production line that produces 400 autos every day. An outpatient clinic that processes over one hundred blood samples every week. Yearly changeover at an automobile manufacturing plant from one model year to the next. All of the above

2. A project to design a new smart phone has been approved. Its objective is to help insurance company customers select the best insurance policy for their needs. Stakeholders in the project would include which of the following? Insurance Salespeople Marketing manager at the insurance company Top management at an insurance company All of the above

3. A continuous process is no different from a project. True False

4. Because projects are considered temporary they do not necessarily have a clear beginning and end. True False

5. A project can deliver a _______________________ . product service report All of the above 6. A business case, sometimes called a problem statement, is not a required part of a project plan since it must be presented before the project is even considered. True False

7. Which of the following is not considered part of a project plan? Requirements planning Team selection Scheduling All of the above are required

8. The requirements gathering process is best undertaken by top management since they are the ones who best understand a project's needs. True False

9. Which of the following defines the functions and features that a project plan must deliver? Primary function plan Risk breakdown structure Schedule None of the above

10. The boundaries associated with a project are defined in the __________________ . Scope statement Metrics plan Stakeholder plan Resource requirements plan

11. Which of the following terms is used to describe a result that must be achieved at the completion of steps, a phase or a complete project? Product Outcome Deliverable Service

12. A ______________ is a deliverable-oriented hierarchical chart that decomposes the work that needs to be accomplished? Work Breakdown Structure Scope Diagram Risk Breakdown Structure Requirements Structure

13. Which of the following is true about a Work Breakdown Structure. The smallest most manageable contents of a project are shown at the top of the WBS. Work is decomposed into manageable work packages with sufficient detail to facilitate the assignment, monitoring and control of work. There are seldom more that than two levels in the WBS. The scope expressed in the WBS will always be greater than the scope expressed in requirements analysis.

14. In a Work Breakdown Structure the deliverable to the client or customer is found at the bottom of the inverted tree. True False

15. In a WBS, a task in the inverted tree is deliverable to it next highest level. True False

16. The tasks or work packages in the WBS should not require either time or the expenditure of funds. True False

17. It is not necessary to manage the scope of a project as long as a scope statement has been approved by top management and agreed upon by the project manager at the project planning stage. True False

18. Which of the following represents a common coding scheme for a WBS? A,B,C,D .... 1.1, 1.11,1.111, ... A1, A2, A3, ... 1/22, 1/22, 1/23, ...

19. IF the tasks in a WBS do not include the tasks implied by the scope statement, then the WBS is not complete. True False

20. At a particular date in the schedule, Planned value is 400,000 and Earned value is 300,000. The Schedule Variance in dollars is _____________ . 100000 -100000 400000 300000

21. A WBS is a schedule. True False

22. The work flow in a project network diagram is from right to left. True False

23. Every activity on a project network diagram must have a unique identification code or number. True False

24. If an activity takes 2 weeks to complete and has a latest finish time of 10 weeks then the Latest it can start is week _________ . 12 8 0 Not enough information given.

25. If you know that an activity on the critical path has a latest finish time of 12 weeks and the activity takes 5 weeks to complete, then the earliest finish time is ________ weeks 12 7 19 Not enough information given.

26. Activity H will take 11 weeks to complete. It has 2 predecessors, activities F and G. The earliest that F can be completed is week 15 while the earliest that G can be completed is week 10. When is the earliest activity H can be completed? 25 26 30 None of the above

27. A critical path within a project network is defined by that path that has the greatest slack times for each of the activities. True False

28. In a project network, slack associated with an activity can be calculated by subtracting the latest the activity can finish from the latest it can be started. True False

29. When a client requires that a project must be outlined in a specific way, this is an example of a project ______________ . statement constraint requirements necessity

30. An activity in a project network can begin only after all of its predecessors have been completed. True False

31. How many predecessor activities are allowed for a given activity? None One Greater than one but less than three. There is no limit.

32. Because on-time completion of a project is so important, monitoring usually focuses only on the project schedule. True False

33. Schedule Variance in dollars is the difference between what was planned to be spent (Planned Value) at a specific point in the schedule and what was actually earned (Earned Value) for that period. True False

34. A world-wide effort to eradicate an Ebola virus outbreak would best be described as a _____________________ . continuous process project targeted process sub-project

35. Two major classifications of project organization are ______________ and _______________. traditional, contemporary agile, ad-hoc Ad-hoc, contemporary traditional, agile

36. Which of the following would be responsible for the centralized and coordinated efforts of all projects in the organizations. Project Management Office Stakeholder Board Chief Information officer Project Management Committee

37. The project sponsor is responsible for approving the project budget. True False

38. A project is in its 17th week and has just completed activity H. The total costs to complete the project through activity H was budgeted as $47,600. According to the project plan, activity H was to be completed by week 18. The actual costs incurred to complete the project through activity H was $52,100. Which of the following statements is true? The project is over budget but within the time schedule. The project is over budget and taking longer than specified on the schedule. The project is on budget and on schedule. There is not enough information to determine if the project is on schedule.

39. A project is in its 17th week and has just completed activity H. The total costs to complete the project through activity H was budgeted as $47,600. According to the project plan, activity H was to be completed by week 18. The actual costs incurred to complete the project through activity H was $52,100. Which of the following tools should be used to help determine whether or not the project is on schedule and within budget? Project Scope Chart Work Breakdown Structure Project Network Diagram Earned Value method

40. Which of the following steps is most helpful in creating an effective project schedule? Monitoring plan Work Breakdown Structure Risk Breakdown Structure Earned Value Method

41. The only project dimension that cannot be quantified is quality. True False

42. The Earned Value Method is an important management tool and is used primarily in which of the following Process Groups. Initiating Planning Executing Monitoring and Control

43. During the planning process, Surveys should not be used when it is necessary to collect data from many individuals. True False

44. "Begin Data Collection" is not an appropriate way to define a task in a WBS. True False

45. A formal Monitoring and Control plan needs to be created only when it becomes clear that the project is likely to encounter problems in meeting its schedule and budget obligations. True False

46. A company is organized in such a way that project teams include members that report directly to their functional area managers (marketing, operations etc.) and not to a project manager. This form of project organization is referred to as a ______________ . Interdisciplinary Projectized Traditional Functional

47. One of the advantages of a Projectized form of business organization is that team members are more likely to focus on the _______________________________. functional areas needs of the business such as marketing or supply chain management. cost of executing project activities needs of clients guidance offered by top management

48. When a project team member reports to both a functional manager and a project manager, this form of organization is referred to as a ________________ organization. Matrix Projectized Functional Traditional

49. The ___________________ is most likely to be positioned at the highest level in the organization, often located at corporate headquarters, and responsible for identifying, and prioritizing project ideas. Project Management Office (PMO) Program Office (PO) Project Steering Office (PSO) Stakeholder Advisory Office (SAO)

50. Which of the following statements is true about the Project Steering Committee? A group responsible for identifying and prioritizing strategic projects. A group of independent advisers who are capable of monitoring a project and determining what needs to be done to achieve that project's goals and objectives. A group of top level executives whose primary function is to cancel projects that fail to meet objectives. A group of stakeholders whose responsibility it is to arrange initial financing.

51. The traditional approach in project management is also referred to as the _________________ approach. Agile Extreme Scrum Waterfall

52. The project schedule is primarily used to determine all of the following except _______________ . cost estimates activity start times activity end dates slack times activity end dates

53. Project managers have the highest level of authority and the most power in the _________ organizational structure projectized matrix functional traditional

54. Which of the following best describes the activities that occur during the "Executing" phase of a project? Project plans are put into action. Project performance measures are compared with expected performance Project plans are developed Projects receive approval from the executive branch of the organization.

55. The beta distribution (also called the three point method) is useful when estimating activity completion times because it requires three estimates rather than one. It is particularly useful because it forces the person making these estimates to think about the worst-case, most likely and best-case scenarios. True False

56. You are involved in estimating the time it will take to implement a new software package. You have learned that the most likely time will be 60 days. The pessimistic or longest it should take would be 72 days. If everything goes well the shortest possible time is 48 days. What is the weighed average or expected time using the beta (also called three-point method) distribution? 30 54 60 66

57. A planning process that identifies the threats to a project and has as its objective the reduction in the probability of these threats is called _________________ . Scope Control Schedule Decomposition Control Enhancement Risk Mitigation

58. If an activity takes 21 weeks and the earliest it can start is week 41, when is the latest it can start if it is on the critical path. Week 41 Week 52 Week 62 Not enough information given.

59. The Project Management Institute (PMI) defines the __________________ as a collection of proven practices that are widely applied by professionals to practice the profession of Project management Project Management Skill Set (PMSS) Project Methodology Framework (PMF) Project Management Body of Knowledge (PMBOK) Work Breakdown Process (WBP)

60. Product and project life-cycles are almost always the same. True False

61. Project scope is very difficult to determine during the early stages of an extreme project. True False

62. A _____________ displays scheduled activities along a time line. The length of the bar is based on the length of time the activity will take Gantt chart Schedule Bar Chart Histogram Activity chart

63. The process of compressing a schedule to shorten the total project schedule is called ___________. One example of a strategy to accomplish this goal is the assignment of additional human resources to the project. Crashing Variance Minimization Containment Expediting

64. A scheduled activity on the critical path is referred to as a _____________ activity. critical slack constraint essential

65. _____________ is the term used to describe the criteria including performance requirements and essential conditions that must be met before project deliverables are accepted by the client. objectives acceptance criteria contract deliverables strategic goals

66. A ______________ is one of two terms used to describe an intermediate-level deliverable that is specified at the end of each branch in the WBS. outcome final deliverable work package assigned step

67. A ___________ activity is one that follows a predecessor activity. post predecessor successor follow-on subsequent

68. Large projects are often broken down into _________ projects for the purpose of making the project more manageable. mini sub related hierarchical

69. A Scope Management Plan is contained in or is a part of the ____________ . Project Charter WBS Project Schedule Risk Breakdown Structure

70. A ___________________ formally authorizes a project or a phase of the project and documents requirements and stakeholder needs and expectations. Initiation document Stakeholder's Agreement Project Statement Project Charter

71. When a project is divided into phases or sub-projects, each one of the phases or sub-projects will involve the five process groups. True False

72. The highest costs associated with a project normally occur during the _________ phase of the project. initiation planning executing closing

73. The cost of making changes to a project deliverable is lowest at the end of a project and highest at the beginning of the project. True False

74. When the execution of a project is shared across several organizations this is an example of ___________________ . Risk Leveling transferring the risk avoiding the risk distributing the risk

75. A project network has been completed including the Early Start, Early Finish, Late Start and Late Finish times for all activities. The critical path has been identified. If there are no constraints as to when the project must be completed, the critical activities on the critical path will have _______ slack. zero zero or negative negative not enough information given

76. When a organization reaches an agreement with a vendor to provide services at a fixed cost this is an example of ___________________ . risk assurance transferring the risk avoiding the risk distributing the risk

77. In which of the following areas is the concept of Key Performance Indicators used? scheduling cost estimation monitoring closing

78. A perfectly controlled project that ended exactly as predicted would have both the Cost Variance and Schedule Variance in Time equal to zero. True False

79. A Work Breakdown Structure has been completed. The project team is now collecting estimated activity duration times so that a schedule can be created. To estimate each activity several people who are responsible for completing the activities in the project are asked for time estimates. But as the team collects these estimated times they find considerable variance from one person's estimate to another's. Some have been more ambitious than others in determining what needs to be done. Which additional document would help clarify the situation? Risk Breakdown Structure Schedule Scope Statement Business Case

80. Evaluation of new project management software would be the responsibility of the Program Office. True False

81. Which of the following would be true about earned value for a project that has been under control over the duration of the project? It starts out at zero and increases towards the end of the project at which time earned value should equal the total budget value of the project. It should always be less than actual value It declines over the course of the project it does not change over the course of the project as long as the project in on schedule.

82. During a stakeholder meeting you learn that a project is 15% under the cumulative costs that have been budgeted for that project to that point in time. Which of the following is true? The project is very likely to be completed within the approved budget. The project is over budget A major cost increase is very likely to be incurred in the future. This information is not sufficient to assess project performance.

83. Requirements Planning is most associated with the development of the ____________. business plan project network project charter project monitoring and control plan Which of the following is a tool used to secure expert judgment when collecting time estimates for the development a project schedule? Peer review Delphi technique expected value technique stakeholder questionnaire

85. A product life cycle can involve many projects. True False

86. Planned value (PV) is the authorized budget assigned to the work to be accomplished. It is equal to _____________ . actual cost (AC) earned value (EV) both of the above none of the above

87. Undertaking a competitive analysis to better understand the market into which a proposed product will be introduced would be classified as a project. True False

88. A Project Life Cycle can include many phases or sub-projects. True False

89. A Risk Breakdown Structure is limited to Project Management and Organizational sources of risk. True False

90. A Gantt Chart does not display ________________ . early start and late start times a critical path the sequencing of activities the duration of an activity

91. Which of the following techniques is used to identify and discuss project ideas, risk, feasibility and problem solutions? Targeting Brainstorming Delphi Technique Interviewing

92. Risk mitigation is one of the six steps in risk management True False

93. Which of the following project management approaches is used when the goal of the project is clear but the it is not clear how to reach that goal. Agile Traditional Waterfall Extreme

94. Which of the following is not one of the six steps in risk management. Source Identification Response Assignment of risk manager Risk Management Plan

95. Which of the following would be used to display the length of time required to complete each activity in a project? Work Breakdown Structure Process flow chart Gantt chart Time line chart

96. A scheduled activity that has a low total float is called a _______________ . mini-floater near critical activity critical activity milestone activity

97. ______________ is a process for reducing the likelihood of occurrence or impact of a risk to below an acceptable threshold. Risk elimination Risk mitigation Quality enforcement Event mitigation

98. The term Timebox is used when allocating a fixed time period to a planned activity. True False

99. A ___________ plan is used when a foreseen risk becomes a reality. network mitigation alternative risk breakdown contingency

100. Outsourcing is a common strategy used to shorten a project schedule. True False