Podcast
Questions and Answers
Which of the following is generally NOT considered a core competency expected of a project manager?
Which of the following is generally NOT considered a core competency expected of a project manager?
- Risk management and mitigation.
- Stakeholder communication and engagement.
- Operational management and process improvement. (correct)
- Resource allocation and optimization.
The development and maintenance of organizational culture and capabilities within a company is primarily the responsibility of:
The development and maintenance of organizational culture and capabilities within a company is primarily the responsibility of:
- Individual project managers.
- The project management office (PMO).
- External consultants and advisors.
- The organization's management. (correct)
Which of the following statements about a project charter is FALSE?
Which of the following statements about a project charter is FALSE?
- It provides the project manager with the authority to apply organizational resources to project activities.
- It is used primarily to request bids for a project or a specific phase of a project. (correct)
- It outlines the project's objectives, scope, and stakeholders.
- It formally authorizes the existence of a project.
Which statement about the project business case is FALSE?
Which statement about the project business case is FALSE?
The collective term for the series of phases a project passes through from initiation to completion is known as the:
The collective term for the series of phases a project passes through from initiation to completion is known as the:
Which document formally authorizes the start of a new project and provides the project manager with the authority to allocate resources?
Which document formally authorizes the start of a new project and provides the project manager with the authority to allocate resources?
In project management terminology, which term best describes external entities who provide components or services necessary for project completion?
In project management terminology, which term best describes external entities who provide components or services necessary for project completion?
The individuals who are directly involved in carrying out the project tasks under the direction of the project manager are collectively known as the:
The individuals who are directly involved in carrying out the project tasks under the direction of the project manager are collectively known as the:
What term is used to describe the tangible or intangible outcomes that must be produced for a project to be considered complete and successful?
What term is used to describe the tangible or intangible outcomes that must be produced for a project to be considered complete and successful?
A logical grouping of project activities, typically organized around a major project outcome, result, or deliverable, is best described as a:
A logical grouping of project activities, typically organized around a major project outcome, result, or deliverable, is best described as a:
What managerial process involves centralized management of one or more portfolios to achieve organizational strategic objectives?
What managerial process involves centralized management of one or more portfolios to achieve organizational strategic objectives?
Individuals within the organization who hold specialized knowledge or skills and may be consulted or assigned to support specific aspects of a project are best described as:
Individuals within the organization who hold specialized knowledge or skills and may be consulted or assigned to support specific aspects of a project are best described as:
The term used to describe the dependencies that exist between different functional areas within an organization, where the work of one area impacts or relies on the work of another, is:
The term used to describe the dependencies that exist between different functional areas within an organization, where the work of one area impacts or relies on the work of another, is:
The individuals or groups who will directly utilize the delivered product, service, or result of a project are typically referred to as:
The individuals or groups who will directly utilize the delivered product, service, or result of a project are typically referred to as:
In project governance, the individual who champions the project at a high organizational level, provides resources, and removes roadblocks is known as the:
In project governance, the individual who champions the project at a high organizational level, provides resources, and removes roadblocks is known as the:
When a project manager faces the decision to reduce the scope of a project in order to meet a critical deadline, this is an example of:
When a project manager faces the decision to reduce the scope of a project in order to meet a critical deadline, this is an example of:
Individuals, groups, or organizations whose interests may be affected by the outcome of a project are collectively known as:
Individuals, groups, or organizations whose interests may be affected by the outcome of a project are collectively known as:
Whose primary responsibility is it to ensure that a project achieves its defined objectives and delivers the intended benefits?
Whose primary responsibility is it to ensure that a project achieves its defined objectives and delivers the intended benefits?
Which organizational structure provides centralized and coordinated management of projects under its umbrella, streamlining processes and sharing resources?
Which organizational structure provides centralized and coordinated management of projects under its umbrella, streamlining processes and sharing resources?
The process of choosing the appropriate methods, tools, and governance to make the project more efficient is:
The process of choosing the appropriate methods, tools, and governance to make the project more efficient is:
Flashcards
Operational management
Operational management
Directing and overseeing day-to-day business operations, not a project manager's responsibility.
Culture creator
Culture creator
Organizational culture and capabilities are typically established by the organization's management.
Project charter purpose
Project charter purpose
The project charter is not used to request bids.
Project Business Case
Project Business Case
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Project lifecycle
Project lifecycle
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Project Charter
Project Charter
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Sellers
Sellers
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Project Team
Project Team
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Deliverables
Deliverables
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Project Phases
Project Phases
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Portfolio Management
Portfolio Management
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Functional Managers
Functional Managers
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InterDependencies
InterDependencies
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Customers/User
Customers/User
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Project Sponsor
Project Sponsor
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Trade-off
Trade-off
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Stakeholders
Stakeholders
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Project Manager
Project Manager
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Project Management Office (PMO)
Project Management Office (PMO)
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Tailoring
Tailoring
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Study Notes
- Operational management is not a key competency of a project manager.
- An organization's management establishes the system that creates the organizational culture and capabilities.
- The project charter is not used to request bids for a project or phase.
- The project business case is continuously used after project approval, contrary to being seldom used.
- A project lifecycle is a collection of generally sequential and sometimes overlapping project phases.
Word Bank Definitions
- Project Charter: A document issued by the project sponsor that formally authorizes the existence of a project.
- Sellers: Vendors, suppliers, and contractors that provide components or services for the project.
- Project Team: The project manager and the group of individuals who perform the project work.
- Deliverables: The desired elements of value, outcomes, or results that must be created for the project to be considered complete.
- Project Phases: A collection of related activities that will produce a meaningful deliverable.
- Portfolio Management: The systematic management of projects, programs, and portfolios to achieve the strategic goals of an organization.
- Functional Managers: Individuals who may provide subject matter expertise or services to the project.
- Interdependencies: The relationship between organizational functions where one function is dependent on others.
- Customers/User: The persons or organizations that will use the project’s product or service.
- Project Sponsor: The person in a high position in the organization that supports and advocates for the project.
- Trade-off: Taking less on one measure, such as scope, to improve another, such as schedule or cost.
- Stakeholders: The people whose interests may be positively or negatively impacted by the project.
- Project Manager: The person responsible for meeting the project objectives.
- Project Management Office (PMO): The organizational structure that standardizes project-related governance and facilitates the sharing of resources, methodologies, and tools.
- Tailoring: Selecting appropriate tools, techniques, and procedures to manage a project.
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