Project Management Artifact Quiz
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Questions and Answers

Who can benefit from this project management standard?

  • Only students studying project management
  • Only project practitioners
  • Sponsors, stakeholders, and vendors only
  • Anyone involved in project value delivery chain (correct)
  • Which of the following is NOT part of an organization’s system for value delivery?

  • P.5 (correct)
  • Projects
  • Portfolios
  • Products
  • What is the primary focus of those involved in portfolio, program, or project management offices (PMOs)?

  • Value delivery for portfolios, programs, and projects (correct)
  • Executive leadership and governance
  • Project sponsorship and consultancy
  • Product ownership and management
  • Which stakeholders are mentioned as potential participants in this project management standard?

    <p>All stakeholders listed in the standard</p> Signup and view all the answers

    What is a key requirement for individuals who might benefit from this project management standard?

    <p>Delivering project outcomes responsibly or accountably</p> Signup and view all the answers

    What aspect of project management involves being responsible for providing resources for project work?

    <p>Project sponsorship</p> Signup and view all the answers

    What is an artifact in project management?

    <p>A physical item produced during a project</p> Signup and view all the answers

    Which term refers to the coordinated management of related projects, programs, and activities to achieve benefits?

    <p>Program management</p> Signup and view all the answers

    What defines a project as temporary in nature?

    <p>It has a clear beginning and end</p> Signup and view all the answers

    Which statement best describes project management?

    <p>Guiding project work to meet requirements</p> Signup and view all the answers

    What does a hybrid approach in project management refer to?

    <p>Combining predictive and adaptive approaches</p> Signup and view all the answers

    In project management, what does the term 'portfolio' typically refer to?

    <p>A group of related projects or programs</p> Signup and view all the answers

    Which aspect of project management does PMI reflect across the full value delivery landscape?

    <p>Predictive to adaptive approaches</p> Signup and view all the answers

    In the context of the 7th edition, what approach remains relevant for many organizations and practitioners?

    <p>Process-based approach</p> Signup and view all the answers

    What important change is highlighted in the 7th edition of the PMBOK® Guide?

    <p>Systems view of project management</p> Signup and view all the answers

    What do projects in the systems view do beyond producing outputs?

    <p>Drive outcomes that deliver value</p> Signup and view all the answers

    How many project performance domains does the systems view in the 7th edition of the PMBOK® Guide emphasize?

    <p>Eight</p> Signup and view all the answers

    What does the shift to a systems focus for value delivery change the perspective from?

    <p>Governing portfolios, programs, and projects</p> Signup and view all the answers

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