Question

Which statement is true?

Select one:

a. In general, the executing phase is the longest of the project management lifecycle phases.

b. Sometimes a project manager needs to break organizational rules in order to complete a project successfully.

c. An “issue” is a matter that could impede the success the project

d. All the options are correct.

Applying knowledge, skills, techniques, and tools to team activities to fulfill the requirements of a project is known as:

Select one:

a. knowledge management.

b. program management.

c. project management.

d. requirements management.

The project charter is a deliverable of the ________ phase of the project lifecycle.

Select one:

a. Initiating

b. Planning

c. Executing

d. Monitoring and Controlling

e. Closing

The _____________ describes the overall scope, schedule, and cost baselines for the project.

Select one:

a. Project baseline

b. Project schedule

c. Project management plan

d. Project charter

Communicating knowledge developed by the project team to another part of the organization is:

Select one:

a. Known as knowledge transfer

b. Unnecessary unless the knowledge was tacit only

c. Not required of all projects

d. Unnecessary if status reports were kept up to date

Which statement is true?

Select one:

a. Program performance domains execute consecutively

b. Portfolios are generally not constrained by time like programs or projects

c. Program managers do not have to interact with stakeholders

d. All options are true

When trying to determine the level of commitment a project stakeholder will show your project, the best way to communicate with that individual is:

Select one:

a. Through email or other written communication

b. By meeting with the stakeholder

c. By having a phone conversation

d. The use of quick-response text messages

You are considering investing $300,000 in a new software application. The projected annual income is expected to be $100,000 a year, with annual expenses of $50,000 a year. You are calculating its return on investment (ROI) over a 6-year period. What is its return on investment?

Select one:

a. 150%

b. 135%

c. 100%

d. 85%

Answer 1

Answer 1 - (a)  In general, the executing phase is the longest of the project management lifecycle phases. It is when project team develops a product or service and then presents the final product to the final customer.

Answer 2 - (c) Project management. It refers to the application of processes, skills, methods, experience, and knowledge for achieveing specific project objectives as per the project acceptance criteria on agreed parameters

Answer 3 - (a) Initiating, Project Charter is an important result of the initiation phase.

Answer 4 - (c) Project management plan describes the overall scope, schedule, and cost baselines for the project.

Answer 5 - Communicating knowledge developed by the project team to another part of the organization is (a) Known as knowledge transfer

Answer 6 - (a) Program performance domains execute consecutively

Answer 7 - (b) By meeting with the stakeholder helps in determining the level of commitment they will show to the project.

Answer 8 - (d.) 85%