Question 1

The Project Management Institute offers two certifications called the ______________ and the __________________.

Accepted Answer

The two certifications offered by the Project Management Institute are PMP (Project Management Professional) and CAPM (Certified Associate in Project Management). Option B is incorrect as IBM is not a certification offered by the PMI. Option C is incorrect as the order is reversed, and option D is incorrect as CAPM comes before APM in the order of certifications offered by PMI.

Question 2

The conventional project life cycle can be described as a pattern characterized by ____________.

Accepted Answer

The conventional project life cycle is characterized by slow-rapid-slow progress. This means that there is a slow start as project requirements are defined, followed by a rapid increase in activity as the project plan is developed and executed. Once the project is delivered, there is a slowdown in activity as the project is closed out.

Question 3

In a conventional project life cycle,as work progresses,uncertainty about the expected outcome should __________.

Accepted Answer

As work progresses in a conventional project life cycle, the uncertainty about the expected outcome should decrease due to the accumulation of information and resolution of unknowns.

Question 4

The chance that project processes or outcomes will not turn out as planned is called __________.

Accepted Answer

Risk refers to the possibility of uncertain events, which could have either a positive or negative impact on the project's objectives. It is essential to identify, assess, and manage risks to minimize the potential impact on project outcomes. Projecting, effort, and negative outcome are not accurate descriptions of the chance that project processes or outcomes may not turn out as planned.

Question 5

The "stretched-S" pattern observed during the project life cycle,for the most part,is a result of the _________.

Accepted Answer

The "stretched-S" pattern observed during the project life cycle is primarily due to the changing levels of resources used during successive stages of the project life cycle. Initially, resource utilization is low as the project is being planned and set up. It then increases as the project moves into its execution phase, and finally decreases as the project winds down and is closed. This pattern of resource utilization creates the characteristic "stretched-S" curve when graphed over time.

Question 6

Having only partial or no information about the situation or outcomes is called __________.

Accepted Answer

Uncertainty refers to a lack of knowledge or information about a situation, which can make it difficult to make informed decisions. Risk, on the other hand, involves some level of knowledge or understanding about potential outcomes, and involves weighing the likelihood and potential impact of different outcomes. Effort and cluelessness do not accurately describe this concept.

Question 7

When done properly,project management begins with __________.

Accepted Answer

Project management effectively begins with the initial concept for the project, as this is the foundational idea that everything else—scope, budget, stakeholder engagement—will build upon.

Question 8

Conflicting expectations among stakeholders related to performance,cost,and time will require the project manager to make appropriate ____________ in order to balance competing demands related to these objectives.

Accepted Answer

Conflicting expectations among stakeholders are common in project management, and they may relate to performance, cost, and time objectives. To balance these competing demands, the project manager may need to make appropriate trade-offs. This means that the project manager may need to adjust one or more objectives to achieve a desirable outcome. For instance, if the stakeholders prioritize cost over performance, the project manager may reduce some features or functionalities of the product to save costs. Conversely, if the stakeholders prioritize performance over time, the project manager may increase the project duration to deliver a high-quality product. Therefore, trade-offs are a necessary part of project management, and the project manager should have the skills to analyze the situation and make informed decisions.

Question 9

The ___________________ is a project management organization headquartered in the United Kingdom,which started in the early 1970s and serves all of Europe.

Accepted Answer

The project management organization headquartered in the United Kingdom that serves all of Europe and started in the early 1970s is the Association for Project Management (APM). PMI (A) is headquartered in the United States, IPMA (C) is based in Switzerland, and PRINCE2 (D) is a project management framework/methodology, not an organization.

Question 10

Earned value is based on the concept that the percentage of project completion is closely correlated with __________.

Accepted Answer

Earned value is closely correlated with the cost or use of resources, as it measures the value of work completed at a given point in time in relation to the planned costs of the work. It provides an insight into the project's performance and helps in determining if the project is on track, behind schedule, or over budget. The other options, such as the number of levels in the project or relevance of the project, are not directly related to earned value. Final assembly of the output may be a part of the project's scope, but it may not necessarily be a significant determining factor in the earned value calculation.

Question 11

The process of creating artificial deadlines and budgets to accomplish specific,though routine,tasks within a functional department is called ______.

Accepted Answer

The process of creating artificial deadlines and budgets to accomplish specific, though routine tasks within a functional department is called projectizing. This involves treating the tasks as projects with defined timelines and budgets, which can help increase efficiency and accountability within the department.

Question 12

The organization that has the responsibility for maintaining and publishing The PMBOK Guidebook is the

Accepted Answer

The PMBOK Guidebook is maintained and published by the Project Management Institute (PMI), making option A the correct choice. APM (Association for Project Management) and PRINCE2 refer to project management organizations, but they are not responsible for maintaining the PMBOK Guidebook. IPMA (International Project Management Association) has its own project management framework, and is not involved with the PMBOK Guidebook.

Question 13

The foundational basis for education for project managers is the __________.

Accepted Answer

The PMBOK (Project Management Body of Knowledge) Guidebook is the foundational basis for education for project managers. It contains the standards, guidelines, and best practices for project management as established by the Project Management Institute (PMI). The other options listed are not recognized educational resources for project managers.

Question 14

The largest amount of effort applied to a project is during its __________

Accepted Answer

Planning, scheduling, monitoring, and control are integral parts of the execution phase of a project, which typically requires the most amount of effort. During this phase, teams are actively working towards completing project deliverables while ensuring adherence to timelines, budgets, and quality standards. The other options, such as conception and selection, are part of the project initiation phase, while evaluation and termination are part of the closing phase.

Question 15

Who,according to the authors,has played a significant role in the development of techniques for project management?

Accepted Answer

According to the sentence, "The military has played a significant role in the development of techniques for project management." Therefore, option D is the correct answer.

Question 16

Which of the following is not a trend that we see in project management?

Accepted Answer

The decreasing importance of project managers is not a trend we see in project management. In fact, the importance of project managers has been increasing in recent years as project management becomes more complex and critical for organizational success. The other options are all trends that we see in project management.

Question 17

A ____ is responsible for the evaluation and improvement of an organization's project management skill and experience in managing projects.

Accepted Answer

A Project Management Office (PMO) is responsible for evaluating and improving an organization's project management skill and experience in managing projects. The PMO provides guidance, methodologies, and tools for project management, and ensures that best practices are shared and utilized across the organization. The other choices are not specifically responsible for this function.

Question 18

The authors identify three forces that combine to mandate the use of teams to solve problems.Identify the force that the authors did not name.

Accepted Answer

The answer of The authors identify three forces that combine...

Question 19

Relations between organizational functions,where one function or task is dependent on others,are known as __________.

Accepted Answer

Interdependencies refer to the relationships and dependencies between different organizational functions or tasks. One function or task may rely on another for resources, information, or support, creating interdependencies between them. Understanding and managing these interdependencies is important for the effective functioning of the organization. Choices B, C, and D do not accurately describe this concept.

Question 20

A project that involves global teams with team members operating in different physical geographic locations and different time zones.

Accepted Answer

A virtual project involves global teams with team members operating in different physical geographic locations and different time zones. It is conducted through technology and communication tools, allowing for collaboration despite physical distances.

Quiz 1: Projects in Contemporary Organizations

The Project Management Institute offers two certifications called the and the ____.