Section 3 - Part I

How many principles of project management are identified in PMBOK 7th Edition?

• 10

• 11

• 12

• 14

The PMI Code of Ethics and Professional Conduct is based on four core values. Which of the following is NOT one of these values?

• Responsibility

• Respect

• Excellence

• Honesty

According to the stewardship principle, which of the following is NOT a key component of stewardship?

• Integrity

• Care

• Innovation

• Trustworthiness

In project management, what is the difference between accountability and responsibility?

• They are the same thing

• Accountability can be shared, but responsibility cannot

• Accountability cannot be shared, but responsibility can be shared

• Both can always be shared

What is the ultimate indicator of project success according to PMBOK 7th Edition?

• Meeting schedule deadlines

• Staying within budget

• Value

• Stakeholder satisfaction

A business case contains three supporting and interrelated elements. Which of the following is NOT one of these elements?

• Business need

• Project justification

• Business strategy

• Risk assessment

Which principle emphasizes taking a holistic view of how project parts interact with each other and with external systems?

• Focus on value

• Recognize, evaluate, and respond to system interactions

• Create a collaborative project team environment

• Effectively engage with stakeholders

What does "authority" mean in the context of project team roles and responsibilities?

• The condition of being answerable for an outcome

• The condition of being obligated to do or fulfill something

• The condition of having the right to make relevant decisions within a given context

• The ability to influence team members

According to the document, stakeholders can affect many aspects of a project. Which of the following is NOT specifically mentioned as an area stakeholders can affect?

• Scope/requirements

• Project team

• Technical architecture

• Benefits realization

What characterizes the nature of project management principles according to PMBOK 7th Edition?

• They are prescriptive rules that must be followed exactly

• They are foundational guidelines that are not prescriptive in nature

• They are moral codes that determine right from wrong

• They are technical standards for project execution