Textbook Quizzes PDF

Chapter 1 Which of the following statements is true? A. Demand for projects and project managers continues to decrease. B. Agile organizations do not respond better to change. C. You must have work experience to earn the CAPM® credential. D. According to PMl's salary survey (2020), prof...

Chapter 1 Which of the following statements is true? A. Demand for projects and project managers continues to decrease. B. Agile organizations do not respond better to change. C. You must have work experience to earn the CAPM® credential. D. According to PMl's salary survey (2020), professionals with a PMP® credential earned 22% more than those without it. Correct Answer - D A predictive approach to project management is also called A. adaptive B. waterfall C. iterative D. Scrum Correct Answer - B A _________ is a temporary endeavour undertaken to create a unique product, service, or result. A. program B. process C. project D. portfolio Correct Answer - C Which of the following is not an attribute of a project? A. projects are unique B. projects are developed using progressive elaboration C. projects have a primary customer or sponsor D. projects involve no uncertainty Correct Answer - D Which of the following is not part of the triple constraint of project management? A. meeting scope goals B. meeting schedule goals C. meeting communication goals D. meeting cost goals Correct Answer - C ________ is the application of knowledge, skills, tools, and techniques to project activities to meet project requirements. A. Project management B. Program management C. Project portfolio management D. Project performance domain Correct Answer - A Which of the following is not a project performance domain according to the PMBOK Guide- Seventh Edition? A. Development approach and lifecycle B. Planning C. Delivery D. Leadership Correct Answer - D Project portfolio management addresses ________ goals of an organization, while project management addresses________goals. A. strategic, tactical B. tactical, strategic C. internal, external D. external, internal Correct Answer - A Which of the following statements is true concerning agile project management? A. You should use a tool like Jira and not Microsoft Project on agile projects. B. All projects should be run using an agile framework such as scrum. C. You cannot use both agile and predictive project management tools on the same project. D. You should first understand and use an agile mindset before trying to implement agile project management. Correct Answer - D Which of the following statements is false concerning the project management profession? a. Project managers, program managers, and portfolio managers require the same skillset. b. The number of people earning the Project Management Professional (PMP®) has increased in recent years, and several other organizations, including Google, provide their own certifications in project management. c. People in virtually every industry around the globe can benefit from good project management. d. Many of the software tools used for managing agile projects can be used for predictive and hybrid projects. Correct Answer - A Chapter 2 Which of the following is not part of a SWOT analysis? A. strengths B. weaknesses C. opportunities D. tactics Correct Answer - D A large company continues to be successful by providing new products and services for its market niche of brides. What is its main competitive strategy? A. cost leadership B. quality C. focus D. customer service Correct Answer - C The last step in the four-stage planning process for projects is… A. resource allocation B. project planning C. business area analysis D. strategic planning Correct Answer - A Which of the following statements is false concerning agile project planning? A. A roadmap sets a tactical plan and goals for completing a major undertaking, such as building and releasing a product B. An agile mindset is part of agile project planning. C. It allows the team's freedom to pivot more frequently. D. Product managers focus on the why while program and project managers focus on the how and when. Correct Answer - A Which of the following statements is false concerning the financial analysis of projects? A. The higher the net present value the better. B. A shorter payback period is better than a longer one. C. The required rate of return is the discount rate that results in an NPV of zero for the project. D. ROI is the result of subtracting the project costs from the benefits and then dividing by the costs. Correct Answer - C A _______ is a methodology that converts an organization's value drivers- such as customer service, innovation, operational efficiency, and financial performance- into a series of defined metrics. A. balanced scorecard B. weighted scoring model C. net present value analysis D. directive Correct Answer - A Which of the following is not a major benefit of grouping projects into programs? A. Increasing revenues B. Increasing authority C. Saving money D. Saving time Correct Answer - A A college approved a project to provide discounts for faculty, students, and staff to use the city's new light rail system. Under what existing program might this project naturally fit? A. Academic enrichment program B. Fundraising program C. Entertainment program D. Transportation program Correct Answer - D Many organizations find duplicate or unneeded projects after they perform which step and project portfolio management? A. Prioritizing the projects on their list B. Dividing the projects into several categories based on the type of investment C. Putting all projects in one list D. Applying modern portfolios theory, including risk return tools that map project risk Correct Answer - C Instead of creating a set of structured projects with short-lived teams to execute them, _________ project portfolio management defines desired outcomes for an organization, focuses on value, and revisits past decisions every quarter. A. Lean B. Agile C. Strategic D. Organizational Correct Answer - A Chapter 3 If you are leaving a project where requirements are not well defined, change is expected, and a customer wants several deliveries of useful products, which development approach might be most appropriate to use? A. predictive B. incremental C. iterative D. adaptive Correct Answer - B In which of the five project management process groups are activities performed that relate to each knowledge area? A. initiating B. planning C. executing D. closing Correct Answer - B What document provides justification for investing in a project? A. project charter B. business case C. net present value analysis D. benefits management plan Correct Answer - B What document formally recognizes the existence of a project and provides direction on the project's objectives and management? A. project charter B. business case C. stakeholder register D. benefits management plan Correct Answer - A Which of the following is not an accountable unit in the Scrum framework? A. Product manager B. Scrum master C. Development team D. Project owner Correct Answer - A A _________ describes the desired future state that would be achieved by developing and deploying a product. A. product backlog B. strategic plan C. product vision D. product roadmap Correct Answer - C A ________ is an emergent, ordered list of what is needed to improve the product. It is a single source of work undertaken by the scrum team. A. product backlog B. Scrum backlog C. product work breakdown structure D. product roadmap Correct Answer - A A _________ is a description of what a customer or user would want from a product or solution. A. customer request B. Scrum backlog C. user story D. user requirement Correct Answer - A Unlike predictive project estimating, agile approaches to estimating are often done in terms of… A. pants sizes B. hours C. workdays D. relative size Correct Answer - D Which of the following was done as part of initiating the GCHC project that is part of the Scrum framework? A. Creating a product backlog B. Holding a kick-off meeting C. Creating a stakeholder analysis D. Creating a project charter Correct Answer - A Chapter 4 Which of the following is not an output of planning for project integration and scope management for predictive projects? A. a project website B. a project management plan C. a scope management plan D. a WBS Correct Answer - A The main purpose of project planning is to: A. obtain funding for the project B. guide project execution C. clarify roles and responsibilities D. keep senior managers informed Correct Answer - B Predictive project teams develop a _______ to coordinate all other project plans. A. strategic plan B. project management plan C. master plan D. project website Correct Answer - B A requirements __________ is a table that lists requirements, various attributes of each requirement, and the status of the requirements to ensure that all of them are addressed. A. traceability matrix B. management plan C. management matrix D. tracking tool Correct Answer - A A _________ is a deliverable-oriented grouping of the work involved in a project that defines the total scope of the project. A. contract B. Gantt chart C. WBS D. network diagram Correct Answer - C A ________ is a deliverable at the lowest level of the WBS, where it can be appropriately assigned to and managed by a single accountable person. A. WBS dictionary B. MoSCoW C. control account D. work package Correct Answer - D Which of the following statements is true concerning agile projects? A. You do not have to do any integration or scope management planning. B. An epic is a level 2 WBS item. C. Teams break user stories down into epics. D. Story cards facilitate planning and discussion of user stories to help define the scope. Correct Answer - D Using a Scrum framework, the daily Scrum meetings, the sprint planning meeting the sprint review, and sprint retrospectives allow… A. stakeholder feedback B. necessary discussion and interactions C. time to document project scope D. different Scrum teams to interact Correct Answer - B Teams should also remember the INVEST rule when writing story cards, where the T stands for… A. time-based B. talked about C. testable D. terminated Correct Answer - C What is normally on the back of a story card? A. acceptance criteria B. signatures C. MoSCoW information D. risk information Correct Answer - A Chapter 5 A(n) ___________ normally does not have any cost or duration. A. activity B. milestone C. critical task D. timebox Correct Answer - B What is the most common type of dependency between activities? A. finish-to-start B. start-to-finish C. start-to-start D. finish-to-finish Correct Answer - A The __________ method is a network diagramming technique used to predict total project duration. A. PERT B. MoSCoW C. critical path D. crashing Correct Answer - C _____________ is a technique for making cost and schedule trade-offs to obtain the greatest amount of schedule compression for the least incremental cost. A. Crashing B. Fast tracking C. Critical chain scheduling D. Parametric modeling Correct Answer - A Using a(n) __________ approach to developing cost estimates requires a good deal of expert judgment and is generally less costly than others are, but it can also be less accurate. A. bottom-up B. parametric C. expert judgment D. analogous Correct Answer - D The __________ must be the basis for a project cost estimate if you plan to create a cost baseline and use earned value management as part of monitoring and controlling costs. A. project schedule B. cost model C. Gantt chart D. WBS Correct Answer - D Instead of creating a detailed schedule for all of the activities required to complete an entire project, agile teams focus on the most valuable work they can complete within each iteration using an approach called… A. timeboxing B. release planning C. kanban D. Scrum of Scrums Correct Answer - A Which of the following statements is true? A. Agile projects include a detailed schedule for the entire project. B. Agile projects must still consider dependencies between activities. C. Agile projects do not require cost planning. D. Agile projects never use Gantt charts. Correct Answer - B Instead of discrete numbers or a range of numbers for estimates, agile projects use ________ estimates. A. timeboxing B. top-down C. analogous D. relative Correct Answer - D Which of the following is not an agile estimating method? A. Planning poker B. Affinity estimating C. Parametric estimating D. Bucket system Correct Answer - Chapter 6 ________ is defined as the degree to which a set of inherent characteristics fulfill requirements. A. Fitness for use B. Conformance to requirements C. Metrics D. Quality Correct Answer - D ________ allow organizations to measure their performance in certain areas - such as failure rates, availability, and reliability - and compare them over time or with other organizations. A. Definitions of Done B. Metrics C. Quality-control charts D. Checklists Correct Answer - B A RACI chart is a type of… A. project organizational chart B. resource histogram C. responsibility assignment matrix D. information radiator Correct Answer - C Topics such as who will receive project information and who will produce it, suggested methods or guidelines for conveying the information, frequency of communication, and escalation procedures for resolving issues should be described in a… A communications management plan B. staffing management plan C. team charter D. scope statement Correct Answer - A What two dimensions should you use when evaluating project risks? A. probability and impact B. cost and schedule C. negative and positive D. awareness and desire Correct Answer - A A ________ is a document that contains the results of various risk management processes, often displayed in a table or spreadsheet format. A. risk event B. trigger C. risk register D. risk management plan Correct Answer - C You can purchase an item you need for a project for $20,000 and it has daily operating costs of $500, or you can lease the item for $700 per day. On which day will the purchase cost be the same as the lease cost? A. day 5 B. day 10 C. day 50 D. day 100 Correct Answer - D The letters in the ADKAR®Model for organizational change stand for: A. awareness, design, knowledge, adaptability, and reinforcement B. adaptability, desire, knowledge, ability, and reinforcement C. awareness, desire, knowledge, ability, and reinforcement D. awareness, desire, knowledge, adaptability, and resilience Correct Answer - C Which of the following is an agile event where the team presents the results of their work to key stakeholders to inspect the outcome of the sprint and determine future adaptations? A. sprint retrospective B. sprint review C. daily Scrum D. sprint planning Correct Answer - B Goals of _______ include reducing preparation efforts as much as possible, improving time to market, simplifying proposals, evaluating soft and hard skills of potential partners, and preparing an agile contract. A. fixed price contracts B. big visible procurements C. master agreements D. lean-agile procurement Correct Answer - D Chapter 7 Fortune Magazine summarized research showing that the main reason CEOs failed was due to… A. Poor planning B. Poor execution C. Global competition D. Low stock prices Correct Answer - C Which of the following is not an executing process? A. Validate scope B. Manage project knowledge C. Acquire resources D. Implement risk responses Correct Answer - A If project managers want to find a mutually acceptable solution that partially satisfies both parties, which conflict-handling mode should they use? A. Compromising B. Accommodating C. Collaborating D. Win-win Correct Answer - A __________ can assist in ensuring and improving quality by improving workflow  A. Pareto B. Mind map C. Fishbone or Ishikawa D. Kanban Correct Answer - D Which of the following statements is false? A. The highest need in Maslow's pyramid is called self-actualization B. Most people today prefer managers who follow Theory X versus Theory Y C. Herzberg distinguished between motivating and hygiene factors D. Projects are more likely to succeed when project managers influence team members by using work challenge and expertise Correct Answer - B If a project team goes from four people to six, how many more communication channels are there? A. 3 B. 6 C. 9 D. 12 Correct Answer - C If you are listening with the intent to understand someone else, what technique are you using? A. mirroring B. tacit knowledge C. intrinsic motivation D. empathy Correct Answer - D You are managing a virtual team. An expert advised you to be unavailable. What does this mean? A. Empower teams to make their own decisions and don't micromanage them. B. Take time off when you need to, and let team members know they should do the same. C. Set policies to prevent people from working on weekends or too late at night D. Do not get too personal with team members so you can focus on accomplishing the work. Correct Answer - B The goal for leaders should be to develop a solid understanding of the different styles of leadership and their implications and… A. select the one that best fits their personal style B. use a servant leader approach as much as possible C. practice using each style as much as possible D. choose the right one for the situation Correct Answer - D Which of the following statements is true concerning the execution of agile projects? A. Scrum teams should have all the skills necessary to create value in each sprint. B. The Scrum master decides who does what, when, and how. C. Agile practice always follow theory. D. The sprint backlog cannot change during a sprint. Correct Answer - A Chapter 8 Which knowledge areas include processes related to monitoring and controlling? A. project scope, schedule, cost, and quality management B. project integration, scope, schedule, cost, and quality management C. project human resource, communications, risk, and procurement management D. all ten knowledge areas Correct Answer - D _______ is a project performance measurement technique that integrates scope, time, and cost data. A. Burndown charts B. Flowcharting C. Earned value management D. Velocity charts Correct Answer - C ________ involves formal acceptance of the completed project scope by the stakeholders. A. Verification B. Scope validation C. Deliverable acceptance D. Customer sign-off Correct Answer - B _________ issues cause the most conflict over the life of projects. A. Change control B. Scope creep C. Cost D. Schedule Correct Answer - D A _________ chart is a histogram that can help you identify and prioritize problem areas. A. Pareto B. control C. burndown D. velocity chart Correct Answer - A When a process is out of control, variations in the results of the process are caused by _________ events. A. random B. nonrandom C. planned D. unplanned Correct Answer - B Controlling resources involves ________ resources. A. human B. physical C. material D. all Correct Answer - B ______ are unplanned responses to risk events. A. Contingencies B. Impediments C. Workarounds D. Overallocations Correct Answer - C Which of the following charts shows the amount of work (tasks) completed compared to the plan? A. Burndown charts B. Burnup charts C. Combined burn charts D. Velocity charts Correct Answer - B The purpose of the ________ is to inspect the outcome of the sprint and determine future adaptations. A. adaptability B. business review C. sprint retrospective D. sprint review Correct Answer - D Chapter 9 Which knowledge areas include processes related to closing? A. project scope, schedule, cost, and quality management B. project integration, scope, schedule, cost, and quality management C. project integration and procurement management D. project integration management Correct Answer - D Which of the following statements is false? A. Even though many projects are cancelled before completion, it is still important to formally close any project. B. Closing includes releasing organizational resources. C. Closing often includes a final presentation and report. D. Closing does not include developing a transition plan. Correct Answer - D Updating processes, policies, procedures, and knowledge bases is part of… A. updating organizational process assets B. archival C. updating project documents D. lessons learned Correct Answer - A Answering questions such as, ''What will you do differently on the next project based on your experience working on this project?" is part of a… A. lessons-learned report B. customer acceptance/ project completion form C. written notice of contract closure D. transition plan Correct Answer - A What is the most common reason for closing or terminating a project? A. addition B. integration C. extinction D. starvation Correct Answer - B This approach to project termination occurs when a project is ended by decreasing its budget or suddenly ending funding. A. addition B. integration C. extinction D. starvation Correct Answer - D A ________ Is another name for a project closeout meeting. A. Celebration B. post project C. Retrospective D. Post-mortem Correct Answer - D __________ is the process of communicating knowledge that was developed by one person or in one part of an organization to another person or other parts of an organization. A. Cross training B. Lessons learned transfer C. Knowledge transfer D. Transitional planning Correct Answer - C What can agile teams do to collect lessons learned for the entire project? A. Hold a final review B. Hold a sprint review C. Hold a sprint retrospective D. Hold a final retrospective Correct Answer - D Which of the following is advice for closing projects or phases? A. You should celebrate completing a project, even if it did not go well B. You should capture lessons learned as soon as possible, not just at the end of a project C. You should not include tasks in the WBS for closing predictive projects D. You should assign resources to specific closing tasks for agile projects Correct Answer - B