Question 1

Which of the following statements correctly describes project management?

1. Project management only relies upon checklists to plan and execute the work.
2. Project management uses knowledge, skills, tools and techniques to meet stakeholder needs and expectations
3. Project management should not involve tradeoffs between scope, schedule and cost.
4. Project management's goal is to maintain efficiency of ongoing operations.

Question 2

Project failure can result from all of the following causes EXCEPT:

1. inadequate planning
2. incomplete or unclear requirements
3. unrealistic time demands
4. adequate support from executive management

Question 3

In an adaptive or change-driven project life cycle:

1. early results lead into planning later work.
2. all planning precedes all executing.
3. the waterfall approach is commonly used.
4. the product is well understood.

Question 4

Which of the following statements regarding project life cycles is most accurate?

1. The project life cycle is the same for the diverse types of projects managed by an organization.
2. Many different project life cycle models are used for different types of projects.
3. all research and development projects use the same four-stage project life cycle model.
4. Project life cycles are very similar regardless of the industry.

Question 5

When applied to project management, the resource management knowledge area typically involves which of the following processes?

1. planning, estimating, budgeting, financing, funding, managing and controlling costs
2. identifying, acquiring, and managing resources needed to successfully complete the project
3. conducting risk management planning, identification, analysis, response planning & implementation, and monitoring
4. ensuring the project includes all the work required, and only the work required, to complete the project successfully