MGT4104 Project Management Fundamentals

Weekly Quiz 3

Weekly Quiz 3 - Organizational Influences, Life Cycle, Process Groups, and Knowledge Areas

Question 1 0 / 1 point

What is a project life cycle?

a) When one project ends and the project team is assigned to start up another project

b) A set of major phases that a standard project typically goes through from beginning to end

c) A series of detailed processes that every project must complete from beginning to end

Question 2 0 / 1 point

What major phases do the PMI recognize is that lesson are as the project life cycle?

a) Starting the project, organizing and preparing, carrying out the work, and ending the project

b) Initiating, planning, executing, monitoring and controlling, and closing

c) Planning the work, doing the work, and delivering the work

Question 3 0 / 1 point

The Project Management textbook provides alternate titles for the PMI major phases of the project life cycle. They are initiation, planning, implementation, and closure.

a) TRUE

b) FALSE

Question 4 0 / 1 point

What activities are conducted during the initiation phase of the project life cycle? (Select all that apply)

a) Create a project schedule

b) Identify the project objective or need

c) Approve the project budget

d) Define the detailed project deliverables

e) Appoint a project manager

f) Begin assembling the project team

g) Identify the solution to the business problem or opportunity

Question 5 0 / 1 point

What activities are conducted during the planning phase of the project life cycle? (Select all that apply)

a) Sign off on project deliverables

b) Solution is further developed

c) Measure stakeholder satisfaction

d) Develop project and product quality targets

e) Create a detailed breakdown of all the work required to be done

f) Monitor and control project spending

g) Create a detailed project plan

h) Identify project risks

i) Hire a project manager

j) Identify project stakeholders and determine a communications plan

k) Prepare a project budget

Question 6 0 / 1 point

What activities are conducted during the implementation phase of the project life cycle? (Select all that apply)

a) Project plan is executed

b) Quality is measured against acceptance criteria

c) Project team is acquired

d) Project status is reported

e) Project results/outputs are created

f) Project progress is monitored

g) Budget is approved

h) Business case is defined

i) Project plan is approved

j) Project plan is adjusted if there is project needs to be brought back on course

k) Project work is performed

Question 7 0 / 1 point

What activities are conducted during the closing phase of the project life cycle? (Select all that apply)

a) Sign off on the project charter

b) Revise the business case

c) Final deliverable(s) released to client/end user

d) Control change to a project's scope

e) Hand over project documentation

f) Conduct a lessons learned

g) Create a work breakdown structure

h) Communicate project closure to stakeholders

Question 8 0 / 1 point

What does PMI stand for?

a) Program Management Institute

b) Project Manager Intuition

c) Project Management Initiation

d) Project Management Institute

Question 9 0 / 1 point

The textbook, Project Management, is written with the PMBOK Guide ____ edition in mind. The most recent edition of the PMBOK Guide is the ____ edition. Select the correct answers for the blanks.

a) 5th, 6th

b) 5th, 7th

c) 4th, 6th

d) 3rd, 6^th

Question 10 0 / 1 point

The project management information in the PMBOK Guide is organized into Knowledge Areas which include the following: (Select all that apply)

a) Project initiation management

b) Project closure management

c) Project stakeholder management

d) Project scope management

e) Project cost management

f) Project charter management

g) Project life cycle management

h) Project time/schedule management

i) Project plan management

j) Project status management

k) Project integration management

l) Project procurement management

m) Project risk management

n) Project communication management

• o) Project quality management

p) Project resource management

Question 11 0 / 1 point

Processes to help a project leader develop the project infrastructure used to design and execute the project is defined in which Knowledge Area?

a) Project charter management

b) Project scope management

c) Project integration management

d) Business case management

Question 12 0 / 1 point

The size and detail of the project scope is related to the complexity profile of the project. A more complex project often requires a more detailed and comprehensive scope document.

a) TRUE

b) FALSE

Question 13 0 / 1 point

Which of the following statements is true regarding scope management? (Select all that apply)

a) The ability of a project manager to identify potential changes is often related to the quality of the scope documents.

b) Once a project's scope is approved, it must remain unchanged throughout the project.

c) Increasing the scope of the project is a common occurrence, and adjustments are made to the project budget and schedule to account for these changes.

d) Scope creep threatens the success of a project because the small increases in scope require additional resources that were not in the plan.

e) Scope creep occurs when changes to the scope are not recognized or not managed.

Question 14 0 / 1 point

Changes to the scope can cause costs to increase or decrease.

a) FALSE

b) TRUE

Question 15 0 / 1 point

A project's critical path is:

a) A sequential set of milestones that occur before the probeforearget delivery date

b) A list of the high priority project tasks that must be completed

c) The sequence of activities that represents the longest path through a project, which determines the shortest possible project duration

Question 16 0 / 1 point

The project budget is always the most critical project constraint that a project manager must achieve.

a) FALSE

b) TRUE

Question 17 0 / 1 point

The project manager is responsible for developing a project quality plan that defines the quality expectations and ensures that the specifications and expectations are met.

a) TRUE

b) FALSE

Question 18 0 / 1 point

The project manager creates a ___________ plan to identify the team members that are required, and the start and end dates for the team members and it considers the long-time goals of the skilled team members.

a) schedule

b) staffing

c) team work

d) scope management

Question 19 0 / 1 point

Teams that use electronic methods of communicating without face-to-face meetings are called:

a) technical teams

b) virtual teams

c) co-located teams

d) high performing teams

Question 20 0 / 1 point

Risk represents the likelihood that an event will happen during the life of the project that will negatively affect the achievement of project goals.

a) TRUE

b) FALSE

Question 21 0 / 1 point

A _______________ is defined as a person, organization, or group that will be impacted by the project or who can impact the project.

a) stakeholder

b) customer

c) project executive

d) team member

Question 22 0 / 1 point

The need(s) of a stakeholder typically remains constant over the life of a project.

a) TRUE

b) FALSE

Question 23 0 / 1 point

Which of the following statements best describes SCRUM, part of agile project management?

a) SCRUM is like a waterfall where the project team ensures that one task is completely finished before progressing to another task.

b) SCRUM is like a hockey game where the team fights with other participants if anyone gets in the way of a project goal.

c) SCRUM is like a rugby scrimmage where the team resets frequently and plans out the next play (number of weweeks'orth of work).

Question 24 0 / 1 point

Many large and even medium-sized organizations have created a department to oversee and support projects throughout the organization. This department is called a Project Management Office (PMO) and is used in an attempt to reduce the high numbers of failed projects.

a) FALSE

b) TRUE