Project Management Fundamentals
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Questions and Answers

What is the main goal of project managers?

  • Maximizing project scope
  • Reducing project requirements
  • Balancing project scope, time, and cost goals (correct)
  • Minimizing project time

    • Who are considered stakeholders in a project?

  • Support staff and suppliers only
  • Only the project manager
  • Only the project sponsor
  • The project sponsor, project team, customers, and opponents (correct)

    • Which of the following is NOT a core knowledge area for project managers?

  • Risk management
  • Communication management
  • Procurement management (correct)
  • Scope management

    • How many facilitating knowledge areas are mentioned in the text?

    <p>4</p> Signup and view all the answers

    Which knowledge area affects and is affected by all other knowledge areas?

    <p>Project integration management</p> Signup and view all the answers

    In project management, what does PMBOK stand for?

    <p>Project Management Body of Knowledge</p> Signup and view all the answers

    What is the main focus of project management?

    <p>Creating a temporary endeavor</p> Signup and view all the answers

    Which activity is part of the closing phase of a project?

    <p>Redeploying project resources</p> Signup and view all the answers

    What distinguishes a program from a project?

    <p>Managing related projects simultaneously</p> Signup and view all the answers

    What is the primary role of project managers?

    <p>Helping projects and organizations succeed</p> Signup and view all the answers

    Which phase involves releasing project equipment/materials to other projects?

    <p>Redeployment of project resources</p> Signup and view all the answers

    What does project portfolio management involve?

    <p>Organizing and managing as a portfolio of investments</p> Signup and view all the answers

    What is the primary focus of portfolio management?

    <p>Balancing multiple projects to achieve long-term goals</p> Signup and view all the answers

    Which of the following skills is NOT emphasized for project managers according to the text?

    <p>Technical expertise</p> Signup and view all the answers

    What is one of the key qualities that project managers should possess?

    <p>Integrity and ethical behavior</p> Signup and view all the answers

    Which skill is essential for leading teams to achieve project goals?

    <p>Verbal communication</p> Signup and view all the answers

    What is NOT mentioned as a skill required for project managers in the text?

    <p>Technical proficiency</p> Signup and view all the answers

    In project management, what is the focus of understanding organizations they work in and with?

    <p>Aligning project goals with long-term company strategy</p> Signup and view all the answers

    What is the first step in defining a project?

    <p>Defining the project scope</p> Signup and view all the answers

    Which step involves creating the work breakdown structure in project management?

    <p>Defining the project scope</p> Signup and view all the answers

    What is the purpose of Step 2 in defining a project?

    <p>Establishing project priorities</p> Signup and view all the answers

    During which step is the WBS coded for the information system?

    <p>Creating the work breakdown structure</p> Signup and view all the answers

    What occurs during a major portion of project work according to the text?

    <p>Time, cost, and specification measures are used for control</p> Signup and view all the answers

    What does Step 5 in defining a project involve?

    <p>Developing the project communication plan</p> Signup and view all the answers

    Which of the following skills were identified as most important for large projects?

    <p>Leadership, relevant prior experience, planning, people skills</p> Signup and view all the answers

    Which of the following skills were highlighted as crucial for high uncertainty projects?

    <p>Risk management, expectation management, leadership, people skills</p> Signup and view all the answers

    What are the key skills identified for very novel projects?

    <p>Leadership, people skills, having vision and goals, self-confidence</p> Signup and view all the answers

    What is the primary role of a leader, according to the text?

    <p>To provide inspiration and guidance towards long-term goals</p> Signup and view all the answers

    What is the role of a manager, as described in the text?

    <p>To deal with the day-to-day details of meeting specific goals</p> Signup and view all the answers

    What does the text say about the Project Management Professional (PMP) certification?

    <p>It requires documented project experience, adherence to a code of ethics, and passing an exam</p> Signup and view all the answers

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