Project Management Basics Quiz

Which of the following is NOT a characteristic of a project?

It has a permanent outcome

What is the triple constraint in project management?

Project cost, time, and quality goals

What is the main goal of project management?

To create value

What is the project management knowledge area concerned with making effective use of people and physical resources needed for the project?

Resource management Signup and view all the answers

What is the project management knowledge area concerned with identifying, analyzing, and responding to risks related to the project?

Risk management Signup and view all the answers

What is the project management knowledge area concerned with collecting, disseminating, and storing project information?

Communication management Signup and view all the answers

What is the project management methodology that focuses on process areas and time?

Time methodology Signup and view all the answers

What are the advantages of using formal project management?

Lower costs, improved productivity, and higher profit margins Signup and view all the answers

Which type of project management approach is used when the project cannot be well-defined upfront, incremental releases are desired, and changes are expected?

Agile project management Signup and view all the answers

What type of project management approach is described as an approach where almost everything is controlled, there is a single final product, and results are delivered at the end of the project?

Predictive project management Signup and view all the answers

Which type of project management approach is a mix of agile and predictive?

Hybrid project management Signup and view all the answers

What is the focus of project and program management?

Carrying out projects well and on time/budget Signup and view all the answers

What is the focus of portfolio management?

Working on the right projects and areas Signup and view all the answers

What are the four important skills for project managers?

Application area, project environment, general business, and global issues Signup and view all the answers

What is Scrum?

A project management framework used for managing and delivering complex projects Signup and view all the answers

What is a top concern for talent development of project and program managers?

Using more agile approaches to project management Signup and view all the answers

What do project managers often face?

Ethical dilemmas Signup and view all the answers

Which of the following is the main goal of project portfolio management?

To maximize the value and benefits an organization can achieve from its portfolio of projects Signup and view all the answers

Which of the following is not one of the key activities involved in project portfolio management?

Project execution Signup and view all the answers

What is the PMBOK?

A guidebook for project management best practices and guidelines Signup and view all the answers

What is the main focus of procurement in project management?

Acquiring goods and services for a project from outside the organization Signup and view all the answers

What is the purpose of project scope management?

To define and control what is and is not included in the project Signup and view all the answers

What is project portfolio management?

A strategic approach to managing a collection of projects, programs, and other initiatives within an organization Signup and view all the answers

What is the purpose of project performance monitoring?

To track and evaluate the progress, performance, and outcomes of projects in the portfolio Signup and view all the answers

What is the difference between a model and a method in project management?

A model is a thinking strategy to explain a process, while a method is a tool to achieve an outcome Signup and view all the answers