Deck 4: Chartering Projects

Question 1

The project charter serves as a formal legal contract between the project team and the project sponsor.

Answer 1

False

Question 2

Charters used in different industries and in different companies have somewhat different elements.

Answer 2

True

Question 3

The signing of the project portfolio statement signals the transition from the high-level project initiating stage into the more detailed project planning stage.

Answer 3

False

Question 4

When developing the milestone schedule for the project charter it is helpful to identify relatively few milestones and key deliverables.

Question 5

A background statement is often added to a project charter to address stakeholder needs to better understand the background of the scope overview and business case.

Question 6

Frequently,at the time the project charter is prepared there is only a very general understanding of the project,so if a budget is prepared it can only be a crude estimate.

Question 7

The project master network is a summary-level schedule that identifies the major schedule milestones or significant points and events in the project.

Question 8

Which of the following documents serves as an informal contract between the project team and the project sponsor?

A) the team members' employment contracts
B) the project charter
C) the project roadmap
D) the business case

Question 9

In contrast to the case that exists with a legal contract,the parties to a signed project charter are merely obligated to the spirit of the charter since specific details will certainly change.

Question 10

The project charter grants the right to the project team to continue into more detailed planning,and to do all the following EXCEPT:

A) is limited to only planning the project.
B) authorizes the purchase of long lead items.
C) authorizes the team to plan and perform the project.
D) sanctions the creation of a business case

Question 11

A well-written business case should persuade decision-makers to support the project.

Question 12

Risks identified in the project charter include events that if they occur will have either a positive or a negative effect on a project's objectives

Question 13

One purpose of the project charter is to help the project team and the project sponsor to commit to the project.

Question 14

The signing of the project charter signals the transition from the high-level project initiating stage into the more detailed project planning stage.

Question 15

The project business case states what the project will accomplish and how it will be done.

Question 16

Risks,assumptions and constraints are included in the project charter so that key participants will be aware of what could prevent them from successfully completing the project.

Question 17

A charter is used to quickly screen potential projects and to eliminate the poor choices.

Question 18

A background statement is a mandatory element of the project charter that sets the stage for creation of the scope overview and business case.

Question 19

The scope overview and business case sections of the project charter provide the high-level "what and why" of the project.

Question 20

Quality control standards are the criteria,including performance requirements and essential conditions,that must be met before project deliverables are accepted.

Question 21

The purpose of a project charter includes all of the following EXCEPT:

A) authorizes the project manager to proceed
B) develops a common understanding between the sponsor and the project team
C) quickly screens out obviously poor projects
D) describes skill sets needed

Question 22

Describe and contrast the roles played by the project sponsor and the project manager with respect to the preparation of the project charter.

Question 23

Within the project charter,the scope overview:

A) identifies the individuals who will serve as the sponsor and project manager.
B) describes the relationship of the project to other projects in the organization.
C) provides a high-level description of what needs to be accomplished and how it will be done.
D) provides all of the financial justification for the project

Question 24

In a project charter,acceptance criteria:

A) are often associated with deliverables in the milestone schedule.
B) help the team to understand who will judge the quality of project deliverables.
C) identify requirements and conditions that must be met before project deliverables are accepted.
D) all of these

Question 25

Team operating principles are sometimes included in a project charter to enhance team functioning. Which of the following statements accurately describes the value of establishing team operating principles?

A) Operating principles that address the conduct of meetings and how decisions are made are especially useful in helping the team get off to a good start.
B) Operating principles typically detail the specific work that each team member will perform and ensure a more complete understanding of the project.
C) Operating principles identify the rules along with the punishments to be administered when the rules are broken.
D) Operating principles are especially helpful for a routine project where participants have worked together before

Question 26

Lessons learned reflect the learning gained by performing a project. Which of the following statements best describes the value that lessons learned can add to a project charter?

A) identifying lessons learned from the current project can help future projects to avoid similar failures
B) identifying lessons learned from the current project can help future projects to achieve similar successes
C) identifying lessons learned from previous projects can help the current project to avoid similar failures and mistakes
D) identifying lessons learned from previous projects will guarantee the success of the current project

Question 27

The milestone schedule in the project charter accomplishes all the following EXCEPT:

A) divides the project into many detailed activities to derive the milestones
B) lists major milestones and deliverables the project team needs to complete.
C) identifies planned completion dates for major milestones.
D) divides the project into a few (3 to 8) intermediate points whose completion can be verified.

Question 28

The milestone schedule in the project charter:

A) is a very detailed schedule that informs team members when to start every activity in the project.
B) is a very detailed schedule that identifies the planned duration for every activity in the project.
C) is a summary-level schedule that identifies significant points or events in the project.
D) is a summary-level schedule that identifies key precedence relationships between major milestones.

Question 29

Which section of the project charter signed by the sponsor,project manager and core team members typically describes decision authority and the expected commitment for each of these key persons?

A) the preamble
B) signatures and commitment
C) decisions and findings
D) the affidavit

Question 30

Which of the following statements most accurately identifies the typical contents of the project charter?

A) requirements, specifications, test protocols and test results
B) statement of work, terms and conditions, clauses and delivery instructions
C) business case, milestone schedule, budget estimates and communication plans
D) purpose, literature review, methodology, results and conclusions

Question 31

Project charters typically include all of the following elements EXCEPT:

A) risks
B) assumptions
C) resource names
D) constraints

Question 32

Which of the following charter elements should inspire team members to develop a passion for the project and to work hard on it?

A) the project vision statement
B) the business case
C) the project motto
D) milestone schedule

Question 33

The project charter should help the project team and the project sponsor to develop a common understanding of what the project is all about. All of the following items are elements of that common understanding EXCEPT:

A) understanding how the project aligns with the goals of the organization
B) understanding the detailed project schedule
C) understanding project success measures
D) understanding what is included and excluded

Question 34

Project managers and teams should consider risks in the project charter for all the following reasons EXCEPT:

A) risks that may have a negative impact on project objectives should be identified and addressed.
B) to eliminate all project risks before the project charter is signed
C) a risk that may have a positive impact on the project should be addressed by a plan to capitalize upon it.
D) risks that may have a positive impact on the project create opportunities.

Question 35

Which of the following statements accurately describes the responsibilities typically associated with the development of the project charter?

A) the project sponsor typically prepares the detailed first draft of the majority of the charter
B) the project manager typically prepares the business case and scope overview
C) the customer typically prepares and signs the charter
D) the project manager and team typically prepare the majority of the project charter

Question 36

As a project manager you elect to involve your core team members in the preparation of the project charter. Describe the advantages of adopting this approach.

Question 37

Within the project charter,the scope overview accomplishes all of the following EXCEPT:

A) documents the operating principles for the team
B) describes the project work and results.
C) distinguishes between what the project will and will not do.
D) states what needs to be accomplished and how it will be done.

Question 38

Which of the following charter elements defines the project purpose and serves as the project justification statement?

A) the scope control plan
B) the pro forma proposal
C) the business case
D) scope overview

Question 39

Describe how you might use lessons learned from previous projects to improve the quality of the project charter on a new project.