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Project Management Fundamentals

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Questions and Answers

What is a characteristic of a project that justifies setting up a special organizational unit?

It must have a fixed budget

It must have a long duration

It must have a large team size

It must be important enough in the eyes of senior management (correct)

What is the primary reason why projects that do not have clear ties to the strategy and mission are terminated?

They are not profitable

They do not have clear goals

They are not managed properly

They do not align with the organization's strategy and mission (correct)

What is the benefit of having a project management office in an organization?

It improves the management of projects

It helps in managing routine functions

It helps in evaluating an organization's project management maturity (correct)

It helps in setting up a special organizational unit

What is the primary difference between a project and a program?

A program is an exceptionally large, long-range objective Signup and view all the answers

What is the main reason why lower-level management is interested in using project management tools?

To achieve their performance objectives within budget and deadline Signup and view all the answers

What is the definition of a project?

A temporary endeavor undertaken to create a unique product, service, or result Signup and view all the answers

What is the benefit of breaking down a program into projects and tasks?

It makes the program more manageable Signup and view all the answers

What is an example of a non-project?

Managing a routine function Signup and view all the answers

What is the relationship between a task and a work package?

A work package is a part of a task Signup and view all the answers

What is the main advantage of using quasi-project management tools?

It helps in achieving routine goals Signup and view all the answers