Chapter 1-3

A project manager has just been assigned to a newly approved project and has been tasked with developing the first draft of the project charter. To better understand the financials, the project manager decides to review the net present value and payback period calculated for the project. Which of the following inputs can the project manager reference for this information?

• a. Project budget
• b. Project business case
• c. Project benefits management plan
• d. Project charter

You are a project manager and are meeting with your team. The goal of this meeting is to determine which processes you should use to effectively manage the project. Which of the following describes what you’re doing?

• a. Progressive elaboration
• b. Tailoring
• c. Phase sequencing
• d. Program management

You are a senior manager overseeing projects for Fun Days Vacation Packages. You manage groups of projects and weigh the value of each project against the business’s strategic objectives. You also monitor projects to make certain they adhere to those objectives and that you get the most efficient use of resources possible. Which of the following does this scenario describe?

• a. Project and program management
• b. Project management
• c. Program management
• d. Portfolio management

You have been developing a next generation electric engine for high-speed electric trains. The project is 25% completed, you have spent 21% of your budget and you are slightly behind the schedule. The client is worried and asks you to provide him with the progress and forecasting report as soon as possible. So, you start collecting information such as the start and finish dates of scheduled activities, number of change requests, number of defects, actual costs, actual durations, etc. These are examples of:

• a. Work performance measurements
• b. Work performance data
• c. Work performance information
• d. Parameters

Which of the following are the four basic elements of the PMI code of ethics and professional conduct?

• a. Responsibility, respect, fairness, honesty
• b. Responsibility, accountability, fairness, honesty
• c. Responsibility, respect, fairness, transparency
• d. Responsibility, transparency, fairness, honesty

A project manager is managing a research project. Typically, research projects are not clearly defined and involve a lot of uncertainty. The project has four phases in which a phase can only start when its previous phase is complete. What project lifecycle and phase-to-phase relationship should the project manager use for this project?

• a. Predictive lifecycle with sequential phase to phase relationship
• b. Iterative lifecycle with sequential phase to phase relationship
• c. Predictive lifecycle with overlapping phase to phase relationship
• d. Iterative lifecycle with overlapping phase to phase relationship

A first-time project manager was assigned to a project that had a duration of three months. In order to get a head start on the project, the manager took an older, completed the project and incorporated all the tools, techniques, and checklists in their entirety from that project into the current one. The older project was completed in 14 months’ time and was remarkably similar in nature. The most appropriate comment on this would be:

• a. This is an excellent example of re-use of artifacts from prior projects.
• b. This may be unnecessary. The project management team needs to decide what is appropriate for the project.
• c. This is not the correct procedure. The project manager should always create processes and documents afresh for new projects.
• d. This is not correct. The project manager is violating copyright and intellectual property rights of the organization’s prior customers.

You have been invited for an interview at a prestigious bank, for the position of Senior Project Manager. You have many years of experience in a range of projects, in four different countries. “This job is mine”, you say to yourself as you approach the interview room. The interview starts well. Then the programManager says, “We are strong on methodologies here; which methodology are you most familiar with?” You reply confidently, “The PMBOK® Guide!” The Program Manager laughs and says, “The PMBOK Guide is not a methodology”. Which is the most likely reason for the Program Manager saying this?

• a. The Program Manager is clearly wrong, the PMBOK® Guide is the most well-known project management methodology in the world.
• b. The Program Manager is trying to stress-test you by saying something silly, to see how you react.
• c. The Program Manager is actually right. The PMBOK® Guide is not a project management methodology.
• d. The Program Manager is just joking, to see if you have a sense of humour.

“Do nothing”, “Do the minimum “ and “Do more than the minimum”, could be options presented in the________________?

• a. Quality Management Plan
• b. Staff Motivation Plan
• c. Activity List
• d. Business Case

Which of the following statements regarding a supportive PMO is incorrect?

• a. It enforces compliance.
• b. It provides a consultative role to the project
• c. It provides project management training
• d. It is responsible for supplying templates and best practices