Project Foundations

 

Question 1 of 50

1. Portfolio management is defined as the centralized management of one or more portfolios to achieve strategic objectives. The aim of portfolio management is to all of them except?

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Question 2 of 50

2. PMI defines business value as the net quantifiable benefit derived from a business endeavor. This benefit could be_______

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Question 3 of 50

3. A car company authorizes a project to build more fuel-efficient cars in response to gasoline shortages. Which of the following specific factor influencing Project Initiation context?

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Question 4 of 50

4. Status of deliverables, implementation status for change requests, and forecast estimates to complete etc are the examples of ?

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Question 5 of 50

5. The project manager works with the project team and other stakeholders to determine and use the appropriate generally recognized good practices for each project. Determining the appropriate combination of processes, inputs, tools, techniques, outputs and life cycle phases to manage a project is referred to as “___________” the application of the knowledge described in this guide.

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Question 6 of 50

6. Which of the following Project Life Cycle can be also be referred as Agile?

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Question 7 of 50

7. A _________________ is defined as projects, programs, subsidiary portfolios, and operations managed as a group to achieve strategic objectives.

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Question 8 of 50

8. The series of phases that a project passes through from its start to its completion is called ____________

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Question 9 of 50

9. Which of the following is an values, which can be seen, touched and felt, in other words, they are physical values except?

Question 9 of 50

Question 10 of 50

10. Projects may be separated into distinct phases or subcomponents. These phases or subcomponents are generally given names that indicate the type of work done in that phase. Which of the following is not a common name of such phase?

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Question 11 of 50

11. Which of the following statement is true?

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Question 12 of 50

12. Within a project life cycle, there are generally one or more phases that are associated with the development of the product, service, or result. These are called a _________________

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Question 13 of 50

13. A _________________ is a collection of logically related project activities that culminates in the completion of one or more deliverables.

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Question 14 of 50

14. In organizational Project Management ___________ have an organizational scope that changes with the strategic objectives of the organization.

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Question 15 of 50

15. Tim and Harry are the two project manager of Liberty International LLC. In a project planning meeting, Tim has said going forward we all must follow PMBOK Guide sixth edition as it as. Tim also says if they do not follow all 49 processes, project will fail. Harry and other project managers gets confused what to do. Harry stand up and says 49 processes are general agreement that the application of the knowledge, skills, tools, and techniques to project management processes can enhance the chance of success over many projects in delivering the expected business values and results. What does harry trying to focus on?

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Question 16 of 50

16. Lower pricing on products by a competitor results in the need to lower production costs to remain competitive. Which of the following specific factor influencing Project Initiation context?

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Question 17 of 50

17. Which of the following is a process name which may occur throughout the project life cycle, especially if the project uses rolling wave planning or an adaptive development approach?

Question 17 of 50

Question 18 of 50

18. Operations management is concerned with the ongoing production of goods and/or services. It ensures that business operations continue efficiently by using the optimal resources needed to meet customer demands. Projects can intersect with operations at various points during the product life cycle except?

Question 18 of 50

Question 19 of 50

19. A project life cycle is the series of phases that a project passes through from its start to its completion. In which type of project life cycle the project scope, time, and cost are determined in the early phases of the life cycle and changes to the scope are carefully managed?

Question 19 of 50

Question 20 of 50

20. Which of the following is not a benefit of effective project management practice?

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Question 21 of 50

21. The project life cycle needs to be flexible enough to deal with the variety of factors included in the project. Life cycle flexibility may be accomplished by?

Question 21 of 50

Question 22 of 50

22. A review at the end of a phase in which a decision is made to continue to the next phase, to continue with modification, or to end a program or project is called _____________?

Question 22 of 50

Question 23 of 50

23. An electronics firm authorizes a new project to develop a faster, cheaper, and smaller laptop based on advances in computer memory and electronics technology. Which of the following specific factor influencing Project Initiation context?

Question 23 of 50

Question 24 of 50

24. Who is accountable for the development and maintenance of the project business case document?

Question 24 of 50

Question 25 of 50

25. Organizational leaders initiate projects in response to factors acting upon their organizations. Which of the following are the key factors that illustrate the context of a project?

Question 25 of 50

Question 26 of 50

26. In organizational project management____________ A ______________success is measured by the ___________ ability to deliver its intended benefits to an organization, and by the __________ efficiency and effectiveness in delivering those benefits.

Question 26 of 50

Question 27 of 50

27. A newly elected official instigating project funding changes to a current project. Which of the following specific factor influencing Project Initiation context?

Question 27 of 50

Question 28 of 50

28. The raw observations and measurements identified during activities performed to carry out the project work is called?

Question 28 of 50

Question 29 of 50

29. Which of the following project life cycle deliverable is produced through a series of iterations that successively add functionality within a predetermined time frame. The deliverable contains the necessary and sufficient capability to be considered complete only after the final iteration?

Question 29 of 50

Question 30 of 50

30. Memos, justifications, information notes, electronic dashboards, recommendations etc are examples of?

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Question 31 of 50

31. An identified area of project management defined by its knowledge requirements and described in terms of its component processes, practices, inputs, outputs, tools, and techniques are called_________?

Question 31 of 50

Question 32 of 50

32. _________________ have a scope that encompasses the scopes of its program components. It produces benefits to an organization by ensuring that the outputs and outcomes of program components are delivered in a coordinated and complementary manner.

Question 32 of 50

Question 33 of 50

33. Depending on the organization, industry, or type of work, phase gates may be referred to by other terms such as ?

Question 33 of 50

Question 34 of 50

34. Project management has been in use for 100 years or more. The outcomes of these projects were the result of leaders and managers applying project management practices, principles, processes, tools, and techniques to their work. Which of the following is the examples of project outcome except?

Question 34 of 50

Question 35 of 50

35. Which of the following Project Life Cycle can be also be referred as Waterfall?

Question 35 of 50

Question 36 of 50

36. A public company authorizes a project to create a new service for electric car sharing to reduce pollution.

Question 36 of 50

Question 37 of 50

37. ____________________is a system of practices, techniques, procedures, and rules used by those who work in a discipline.

Question 37 of 50

Question 38 of 50

38. A collection of logically related project activities that culminates in the completion of one or more deliverables is called _____________?

Question 38 of 50

Question 39 of 50

39. Which of the following is not an attribute of project phases?

Question 39 of 50

Question 40 of 50

40. A municipal bridge developed cracks in some support members resulting in a project to fix the problems. Which of the following specific factor influencing Project Initiation context?

Question 40 of 50

Question 41 of 50

41. PMI defines the project management body of knowledge (PMBOK) as a term that describes the knowledge within the profession of project management. The project management body of knowledge includes proven traditional practices that are widely applied as well as innovative practices that are emerging in the profession. This PMBOK® Guide identifies a ___________________ of the project management body of knowledge that is generally recognized as good practice.

Question 41 of 50

Question 42 of 50

42. The physical or electronic representation of work performance information compiled in project documents, which is intended to generate decisions or raise issues, actions, or awareness are called?

Question 42 of 50

Question 43 of 50

43. Elements of the project that are well known or have fixed requirements follow a predictive development life cycle, and those elements that are still evolving follow an adaptive development life cycle". Which of the following project life cycle refer to this statement?

Question 43 of 50

Question 44 of 50

44. Which of the following is the reason why Conflict happens in a Matrix organization?

Question 44 of 50

Question 45 of 50

45. The systems development life cycle (SDLC), also referred to as the application development life-cycle, is a term used in systems engineering, information systems and software engineering to describe a process for planning, creating, testing, and deploying an information system. Development life cycle can be as below:

Question 45 of 50

Question 46 of 50

46. In organizational project management____________ monitor and control the work of producing the products, services, or results that the project was undertaken to produce.

Question 46 of 50

Question 47 of 50

47. The raw observations and measurements identified during activities performed to carry out the project work. This is an example of ?

Question 47 of 50

Question 48 of 50

48. According to PMBOKGUIDE Sixth Edition, a Project is considered as Mega Project if it is fall in the following categories:

Question 48 of 50

Question 49 of 50

49. Which of the following is an asset that lacks physical substance and usually is very hard to evaluate which add significant value to organization project except?

Question 49 of 50

Question 50 of 50

50. A systematic series of activities directed toward causing an end result where one or more inputs will be acted upon to create one or more outputs are called __________?

Question 50 of 50