Project Management Fundamentals

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Question 1 of 16

1. Question
Why are Organizational Structures important to Project Management?
- It determines how the individuals in an organization are grouped, how project teams are structured, and the level of authority the project manager has over the team.
- It helps the project team understand the way the organization spends resources.
- It explains how employees are grouped based on the projects.
- The authority of the project manager is absolute and the structure of the organization does not matter.
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Question 2 of 16

2. Question
What is the Project Life Cycle?
- Initiation, Planning, Operation, Monitor and Closing
- Initiation, Planning, Execution, Monitoring and Controlling and Closing
- Initiation, Planning, Execution, Testing, and Closing
- Initiation, Scheduling, Execution, Monitoring and Controlling, and Closing
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Question 3 of 16

3. Question
How is a project defined?
- Temporary endeavorq
- Requires resources
- It has a result, decision, product or service at its end
- All of the above
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Question 4 of 16

4. Question
What is the key indicator that Initiation is complete and the Planning phase has begun?
- Scope is complete and signed
- Charter is complete and signed
- Project objectives are complete and signed
- There is not any scope creep
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Question 5 of 16

5. Question
What common problems are addressed with the project management processes?
- Uncontrolled changes in the scope of the project
- Misunderstood deliverables
- Inappropriate schedules or budgets
- All of the above
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Question 6 of 16

6. Question
What is a Network Diagram?
- It is a list of the work to be done on a project.
- It is a bar graph of the work to be done on a project.
- It is a graph of the activities in a project and the logical relationships between those activities.
- It is a trend graph of the work to be done on a project.
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Question 7 of 16

7. Question
What does the WBS help a project team define?
- A logical, time bound order
- The costs associated with the project work
- The subdivisions of project work into smaller, more manageable pieces of work
- The time associated with the project work
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Question 8 of 16

8. Question
Why is the Critical Path an important tool to use in Project Management?
- The critical path helps the project manager see when a project will be complete and manage resources to fit that completion date.
- The critical path is very important to follow because these tasks are more important than other tasks on the project.
- The critical path tasks are the ones that have been earmarked by the executives as most important and therefore must be completed first.
- The critical path tasks are the tasks that are required by governing entities and must be completed in exact sequence.
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Question 9 of 16

9. Question
What is a method of estimating?
- Analogous
- Parametric
- PERT
- All of the above
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Question 10 of 16

10. Question
What is a risk?
- A problem
- A setback
- An unknown
- All of the above
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Question 11 of 16

11. Question
Why is a communication plan important?
- It is ensuring timely and appropriate collection, generation, storage, dissemination and ultimate disposition of project information.
- Communication is important so the more the better, every thought, decision, documentation and conversation should be captured and made available to all stakeholders.
- A communication plan ensures that the right people receive information when it's convenient for the project manager.
- None of the above
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Question 12 of 16

12. Question
When should we plan for change control?
- Wait until there is a need for change control.
- Change control is only applicable to projects with external customers.
- Change is inevitable and unavoidable in any project and stakeholders should know from the beginning how to initiate change in the project.
- There is probably a change control process in your organization so no need to seek it out until its needed.
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Question 13 of 16

13. Question
What is our main focus during execution?
- The triple constraint
- Making all stakeholders happy
- Completing work
- Handling problems
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Question 14 of 16

14. Question
What is earned value analysis?
- It's a tool to see how much the project team is earning
- It's a method of measuring performance
- It's a calculation to see if the project is producing deliverables
- All of above
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Question 15 of 16

15. Question
When is closing a project required?
- When a customer requires a closeout according to the requirements.
- Only when it's a big project and customers want to formally accept the project outcomes.
- Always, a project has to be closed due to legal contract closure requirements.
- None of the above.
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Question 16 of 16

16. Question
What is a final report?
- It's the last report that the project manager will have to do.
- It's a report that summarizes what happened in the project.
- It's a report that tells senior management what everyone did wrong on the project.
- It's paperwork that is required and no one reads
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Project Management Fundamentals

Project Management Fundamentals

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