Project Management Fundamentals

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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?

4 Signup and view all the answers

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

Project integration management Signup and view all the answers

In project management, what does PMBOK stand for?

Project Management Body of Knowledge Signup and view all the answers

What is the main focus of project management?

Creating a temporary endeavor Signup and view all the answers

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

Redeploying project resources Signup and view all the answers

What distinguishes a program from a project?

Managing related projects simultaneously Signup and view all the answers

What is the primary role of project managers?

Helping projects and organizations succeed Signup and view all the answers

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

Redeployment of project resources Signup and view all the answers

What does project portfolio management involve?

Organizing and managing as a portfolio of investments Signup and view all the answers

What is the primary focus of portfolio management?

Balancing multiple projects to achieve long-term goals Signup and view all the answers

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

Technical expertise Signup and view all the answers

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

Integrity and ethical behavior Signup and view all the answers

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

Verbal communication Signup and view all the answers

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

Technical proficiency Signup and view all the answers

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

Aligning project goals with long-term company strategy Signup and view all the answers

What is the first step in defining a project?

Defining the project scope Signup and view all the answers

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

Defining the project scope Signup and view all the answers

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

Establishing project priorities Signup and view all the answers

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

Creating the work breakdown structure Signup and view all the answers

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

Time, cost, and specification measures are used for control Signup and view all the answers

What does Step 5 in defining a project involve?

Developing the project communication plan Signup and view all the answers

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

Leadership, relevant prior experience, planning, people skills Signup and view all the answers

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

Risk management, expectation management, leadership, people skills Signup and view all the answers

What are the key skills identified for very novel projects?

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

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

To provide inspiration and guidance towards long-term goals Signup and view all the answers

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

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

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

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