Deck 1: Project Management Concepts

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Question
Every project has a starting date and an ending date.
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Question
The project objective requires completing the project work scope on time and within budget.
Question
Resources can include people, organizations, equipment, materials, and facilities.
Question
Expected benefits and outcomes may be included in the project objective.
Question
A project has a clear objective.
Question
The sponsor provides funds to accomplish the project.
Question
A project is an endeavor to accomplish a specific objective through a unique set of nonrelated tasks and the effective utilization of resources.
Question
People are the only resource used in a project.
Question
A project is carried out through a series of independent tasks.
Question
A project has a sponsor or customer.
Question
The Department of Transportation hired a company to build a six-lane highway between two cities.This is an example of a project.
Question
A project's stakeholders will always include only representatives from the sponsor's organization.
Question
A research firm secured $2 million to evaluate the treatment of water in selected countries over the next three years.This is an example of a project.
Question
The outcome of a project is a tangible end product.
Question
A project involves degree of uncertainty that remains the same as the project progresses.
Question
A project has an unlimited time frame.
Question
A group volunteered to keep a section of highway clean.This is an example of a project.
Question
A project utilizes various resources to carry out the tasks.
Question
A project is completed through a number of repetitive tasks.
Question
A project is an endeavor to accomplish a specific objective through a unique set of interrelated tasks and the effective utilization of resources.
Question
The schedule for a project is a timetable with only start times for tasks.
Question
A project is initiated when a need is identified by a contractor.
Question
The collapse of a retaining wall could be a risk to the project objective for a garden construction project.
Question
When establishing the project objectives, the objective must be agreed upon by the project sponsor.
Question
The project scope is all the work that must be done in order to produce all the project deliverables, satisfy the customer, and accomplish the project objective.
Question
The level of effort is the same for all four phases of the generic project life cycle.
Question
All the work involved with clearing a sidewalk after a heavy snow storm is an example of a project's scope.
Question
A project objective is the tangible end product that the project team must produce or deliver.
Question
The project objective requires completing the project work scope and producing all the deliverables by a certain time and within budget.
Question
The project objective is usually defined in terms of end product, schedule, and budget.
Question
Determining the market for a product for a gain of 5% market share within 18 months and $20,000 budget.This is an example of a project objective.
Question
A request for proposals is used to initiate all projects by communicating that a project is needed.
Question
The amount the sponsor has agreed to pay for acceptable project deliverables is the project budget.
Question
The project scope document should include a list of deliverables and associated acceptance criteria.
Question
Quality expectations are only defined at the start of the project.
Question
A network diagram is a hierarchical decomposition of the project scope into work elements to be executed to produce the project deliverables.
Question
Projects are constrained only by the scope, schedule, and budget.
Question
Introduction of a new process to ship packages for a firm is an example of a project objective.
Question
A work breakdown structure shows the necessary sequence and dependent relationships of the detailed activities for a project.
Question
A person or organization responsible for each work item should be identified to assign responsibility while planning the project.
Question
Give an example of a project.
Question
Globalization changes the dynamics of a project and adds a layer of complexity that can reduce the risks of accomplishing the project outcome.
Question
A satisfied customer is a benefit of implementing project management techniques.
Question
The following mechanisms help to assure quality expectations are met:

A)Audits, inspections, and standards throughout the project.
B)Inspections only at the end of the project.
C)Only a list of standards is needed at the start of the project
D)No mechanisms are needed to assure quality.
Question
The Project Management Institute is a worldwide not-for-profit organization of practitioners that certifies project management professionals.
Question
While performing the work, all the activities in the baseline plan must be performed in accordance to

A)what the person responsible for the activity wants.
B)lesson learned from prior projects.
C)how the sponsor has completed all their projects in the past.
D)the project schedule and technical specifications.
Question
The usually states the time by which a project scope must be completed in terms of the specific date agreed upon by the sponsor.

A)Project schedule
B)Project objective
C)Task timetable
D)Project scope
Question
The types and quantities of resources to be used for the activities are the base for the estimated project cost.
Question
Which of the following is not an example of a project?

A)Starting-up a restaurant
B)Creating a website for a company
C)Raising money for a disaster relief trip
D)Emptying the recycling everyday
Question
The amount of estimated resources helps to determine the estimated durations.
Question
Projects are identified and selected in the

A)initiating phase.
B)planning phase.
C)performing phase.
D)closing phase.
Question
The estimated duration of the project is dependent upon the sequence of activities.
Question
A plan must be developed that identifies and assesses potential risks, determines the likelihood of occurrence and potential impacts of risks, and delineates responses for dealing with risks

A)risk development
B)risk management
C)risk mitigation
D)risk avoidance
Question
Costs for resources on a project could include all the following except

A)fees for subcontractors to perform project tasks
B)salaries of people who will work on the project
C)rental of facilities
D)costs for equipment that extends beyond the project time
Question
The project budget includes costs for each activity plus other project costs such as administrative costs and overhead costs.
Question
The project plan is executed in the

A)initiating phase.
B)planning phase.
C)performing phase.
D)closing phase.
Question
The project budget is based on

A)how well the project manager can use accounting software.
B)the estimated costs associated with the quantities of resources to be used.
C)the actual costs of the resources used for the project.
D)the costs to do the resources before any indirect costs.
Question
Projects documents are organized and archived in the

A)initiating phase.
B)planning phase.
C)performing phase.
D)closing phase.
Question
Corrective action must be taken for a project when

A)actual progress to the planned progress shows the progress is ahead of schedule.
B)the technical specifications have been met.
C)the actual cost of the activities is less than the funds received for the work completed.
D)the actual progress is less than the planned progress.
Question
Resources are identified and selected in the

A)initiating phase.
B)planning phase.
C)performing phase.
D)closing phase.
Question
Describe how communication could be impacted for a project that is a multinational and multilingual project.
Question
A project team is contacted by a stakeholder about a concern related to their project, the project team should

A)communicate with the stakeholder individually to deal with the concern.
B)send a mass email to all stakeholders to let them know the project is on time and under budget.
C)ignore the concern because one stakeholder is not important.
D)share the concern with all the other stakeholders to see if they agree.
Question
Jake, a project manager for XYS Company, is developing the project plan for the implementation of a new technique to reduce the level of carbon dioxide emitted after a manufacturing process.Sara, a project manager for ABG Company, is developing a project plan to survey customers about how they have implemented a new product.Describe the similarities and differences of at least three project constraints that Jake and Sara may face during their projects.
Question
Why should feedback be obtained from a project's sponsor?
Question
The project planning process of project management includes what steps?
Question
Describe five things that a project manager can do to make sure a customer is satisfied:
Question
The project management process involves two major functions: first establishing a plan and then executing that plan to accomplish the project objective.Describe how the project manager can help these two functions be successful.
Question
How could currency fluctuations and exchange rates impact the accomplishment of the project objective and customer satisfaction?
Question
Give an example of a project and describe when its performing phase is complete?
Question
Describe a project that could be completed to help repair a city that has been damaged by an earthquake.
Question
List examples of three projects.
Question
Describe what each of the following mean in project planning: what, how, who, how long, and how much.
Question
A stakeholder has concerns about a project, the project team should

A)wait for the stakeholder to contact the project manager about the concern.
B)prepare a defense for their project decisions.
C)write letters to all the stakeholders to not worry about the project.
D)be proactive and contact the stakeholder.
Question
Describe what it means to "plan the work and then work the plan."
Question
Describe benefits of including the people that will be involved in performing the project when planning the project.
Question
The schedule for a project specifies when each task should .
Question
The stakeholder register is a convenient tool to keep

A)stakeholders at a distance from the project.
B)all stakeholder information consolidated and up-to-date.
C)all communications open to all stakeholders.
D)lessons learned.
Question
The list that includes key contact information, role or specific topics of interest, expectations, any known issues, and areas of potential influence for each stakeholder is known as the

A)stakeholder register.
B)list of prior projects.
C)lessons learned list.
D)project technical specifications.
Question
Give an example of a project objective.
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Deck 1: Project Management Concepts
1
Every project has a starting date and an ending date.
True
2
The project objective requires completing the project work scope on time and within budget.
True
3
Resources can include people, organizations, equipment, materials, and facilities.
True
4
Expected benefits and outcomes may be included in the project objective.
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k this deck
5
A project has a clear objective.
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6
The sponsor provides funds to accomplish the project.
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7
A project is an endeavor to accomplish a specific objective through a unique set of nonrelated tasks and the effective utilization of resources.
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8
People are the only resource used in a project.
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9
A project is carried out through a series of independent tasks.
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10
A project has a sponsor or customer.
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11
The Department of Transportation hired a company to build a six-lane highway between two cities.This is an example of a project.
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12
A project's stakeholders will always include only representatives from the sponsor's organization.
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13
A research firm secured $2 million to evaluate the treatment of water in selected countries over the next three years.This is an example of a project.
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14
The outcome of a project is a tangible end product.
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15
A project involves degree of uncertainty that remains the same as the project progresses.
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16
A project has an unlimited time frame.
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17
A group volunteered to keep a section of highway clean.This is an example of a project.
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18
A project utilizes various resources to carry out the tasks.
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19
A project is completed through a number of repetitive tasks.
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20
A project is an endeavor to accomplish a specific objective through a unique set of interrelated tasks and the effective utilization of resources.
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k this deck
21
The schedule for a project is a timetable with only start times for tasks.
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22
A project is initiated when a need is identified by a contractor.
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23
The collapse of a retaining wall could be a risk to the project objective for a garden construction project.
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24
When establishing the project objectives, the objective must be agreed upon by the project sponsor.
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25
The project scope is all the work that must be done in order to produce all the project deliverables, satisfy the customer, and accomplish the project objective.
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26
The level of effort is the same for all four phases of the generic project life cycle.
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27
All the work involved with clearing a sidewalk after a heavy snow storm is an example of a project's scope.
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28
A project objective is the tangible end product that the project team must produce or deliver.
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29
The project objective requires completing the project work scope and producing all the deliverables by a certain time and within budget.
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k this deck
30
The project objective is usually defined in terms of end product, schedule, and budget.
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31
Determining the market for a product for a gain of 5% market share within 18 months and $20,000 budget.This is an example of a project objective.
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32
A request for proposals is used to initiate all projects by communicating that a project is needed.
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k this deck
33
The amount the sponsor has agreed to pay for acceptable project deliverables is the project budget.
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k this deck
34
The project scope document should include a list of deliverables and associated acceptance criteria.
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35
Quality expectations are only defined at the start of the project.
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36
A network diagram is a hierarchical decomposition of the project scope into work elements to be executed to produce the project deliverables.
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37
Projects are constrained only by the scope, schedule, and budget.
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38
Introduction of a new process to ship packages for a firm is an example of a project objective.
Unlock Deck
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k this deck
39
A work breakdown structure shows the necessary sequence and dependent relationships of the detailed activities for a project.
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k this deck
40
A person or organization responsible for each work item should be identified to assign responsibility while planning the project.
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k this deck
41
Give an example of a project.
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42
Globalization changes the dynamics of a project and adds a layer of complexity that can reduce the risks of accomplishing the project outcome.
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k this deck
43
A satisfied customer is a benefit of implementing project management techniques.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
44
The following mechanisms help to assure quality expectations are met:

A)Audits, inspections, and standards throughout the project.
B)Inspections only at the end of the project.
C)Only a list of standards is needed at the start of the project
D)No mechanisms are needed to assure quality.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
45
The Project Management Institute is a worldwide not-for-profit organization of practitioners that certifies project management professionals.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
46
While performing the work, all the activities in the baseline plan must be performed in accordance to

A)what the person responsible for the activity wants.
B)lesson learned from prior projects.
C)how the sponsor has completed all their projects in the past.
D)the project schedule and technical specifications.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
47
The usually states the time by which a project scope must be completed in terms of the specific date agreed upon by the sponsor.

A)Project schedule
B)Project objective
C)Task timetable
D)Project scope
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
48
The types and quantities of resources to be used for the activities are the base for the estimated project cost.
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Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
49
Which of the following is not an example of a project?

A)Starting-up a restaurant
B)Creating a website for a company
C)Raising money for a disaster relief trip
D)Emptying the recycling everyday
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
50
The amount of estimated resources helps to determine the estimated durations.
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k this deck
51
Projects are identified and selected in the

A)initiating phase.
B)planning phase.
C)performing phase.
D)closing phase.
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Unlock Deck
k this deck
52
The estimated duration of the project is dependent upon the sequence of activities.
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Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
53
A plan must be developed that identifies and assesses potential risks, determines the likelihood of occurrence and potential impacts of risks, and delineates responses for dealing with risks

A)risk development
B)risk management
C)risk mitigation
D)risk avoidance
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
54
Costs for resources on a project could include all the following except

A)fees for subcontractors to perform project tasks
B)salaries of people who will work on the project
C)rental of facilities
D)costs for equipment that extends beyond the project time
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
55
The project budget includes costs for each activity plus other project costs such as administrative costs and overhead costs.
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Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
56
The project plan is executed in the

A)initiating phase.
B)planning phase.
C)performing phase.
D)closing phase.
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Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
57
The project budget is based on

A)how well the project manager can use accounting software.
B)the estimated costs associated with the quantities of resources to be used.
C)the actual costs of the resources used for the project.
D)the costs to do the resources before any indirect costs.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
58
Projects documents are organized and archived in the

A)initiating phase.
B)planning phase.
C)performing phase.
D)closing phase.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
59
Corrective action must be taken for a project when

A)actual progress to the planned progress shows the progress is ahead of schedule.
B)the technical specifications have been met.
C)the actual cost of the activities is less than the funds received for the work completed.
D)the actual progress is less than the planned progress.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
60
Resources are identified and selected in the

A)initiating phase.
B)planning phase.
C)performing phase.
D)closing phase.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
61
Describe how communication could be impacted for a project that is a multinational and multilingual project.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
62
A project team is contacted by a stakeholder about a concern related to their project, the project team should

A)communicate with the stakeholder individually to deal with the concern.
B)send a mass email to all stakeholders to let them know the project is on time and under budget.
C)ignore the concern because one stakeholder is not important.
D)share the concern with all the other stakeholders to see if they agree.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
63
Jake, a project manager for XYS Company, is developing the project plan for the implementation of a new technique to reduce the level of carbon dioxide emitted after a manufacturing process.Sara, a project manager for ABG Company, is developing a project plan to survey customers about how they have implemented a new product.Describe the similarities and differences of at least three project constraints that Jake and Sara may face during their projects.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
64
Why should feedback be obtained from a project's sponsor?
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
65
The project planning process of project management includes what steps?
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
66
Describe five things that a project manager can do to make sure a customer is satisfied:
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
67
The project management process involves two major functions: first establishing a plan and then executing that plan to accomplish the project objective.Describe how the project manager can help these two functions be successful.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
68
How could currency fluctuations and exchange rates impact the accomplishment of the project objective and customer satisfaction?
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
69
Give an example of a project and describe when its performing phase is complete?
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
70
Describe a project that could be completed to help repair a city that has been damaged by an earthquake.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
71
List examples of three projects.
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Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
72
Describe what each of the following mean in project planning: what, how, who, how long, and how much.
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Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
73
A stakeholder has concerns about a project, the project team should

A)wait for the stakeholder to contact the project manager about the concern.
B)prepare a defense for their project decisions.
C)write letters to all the stakeholders to not worry about the project.
D)be proactive and contact the stakeholder.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
74
Describe what it means to "plan the work and then work the plan."
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Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
75
Describe benefits of including the people that will be involved in performing the project when planning the project.
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Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
76
The schedule for a project specifies when each task should .
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Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
77
The stakeholder register is a convenient tool to keep

A)stakeholders at a distance from the project.
B)all stakeholder information consolidated and up-to-date.
C)all communications open to all stakeholders.
D)lessons learned.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
78
The list that includes key contact information, role or specific topics of interest, expectations, any known issues, and areas of potential influence for each stakeholder is known as the

A)stakeholder register.
B)list of prior projects.
C)lessons learned list.
D)project technical specifications.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
79
Give an example of a project objective.
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locked card icon
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