PMP Exam Simulation On Key Concepts Of Project Management

10 Questions | By S.m.mumtaz | Last updated: Mar 21, 2022 | Total Attempts: 403

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PMP Exam Simulation On Key Concepts Of Project Management - Quiz

The quiz is related to Lecture 1 which is Key Concepts of Project Mangement. If you achieve less than 80%, then view the presentation again, read the slide-notes and the relevant content of PMBOK Guide Fourth edition. You should practice answering each question under 60 seconds. You have a maximum of 12 minutes to finish this quiz. If you score 80% correct you will be awarded a certificate. Email a copy of your ceritficate to my email at 'pmp. [email protected] Com’

Questions and Answers

1.

Which of the following describes a project:
- A.
  
  An ongoing endeavor undertaken to meet customer or market requirement
- B.
  
  A set of sequential activities performed in a process or system.
- C.
  
  A set of activities performed according to standardized standards to produce same product or service
- D.
  
  A temporary endeavor undertaken to create unique product service or result
2.

Which of the following brings together a set of tools and techniques used to describe, organize and monitor the work of project activities
- A.
  
  Project managers
- B.
  
  A Guide to PMBOK
- C.
  
  Project Management
- D.
  
  Stakeholders
3.

Project Management is:
- A.
  
  A subset of most engineering and Information System discipline.
- B.
  
  Application of Critical Path Method and PERT.
- C.
  
  The Application of knowledge, skills, wisdom, and science, to organizational activities to achieve operational objectives.
- D.
  
  The Application of knowledge, skills, tools, and techniques to project activities to meet project requirements.
4.

The Management of ABC Paint Company has decided that all orders will now be treated as Project and that Project Manager will update orders on daily basis. Resolving all issues and will ensure that customer finally accepts the order within 30 days of its completion. Revenue from individual order may vary between $125000 to $175000. The Project Manager will not be required to do any planning or provide documentation other than daily Status. Which of the following is true:
- A.
  
  This is a Programme Management since multiple projects are involved.
- B.
  
  This is an Ongoing Work
- C.
  
  Since each order is of temporary endeavor, each order is project
- D.
  
  Orders incurring revenue over $125,000 will be considered as Project
5.

Managing Project typically includes:
- A.
  
  Performance measurement, Communication and Human resource Management.
- B.
  
  Meeting requirements of Profit, Environment Protection, legal and cost.
- C.
  
  Managing levels of Administrative and Financial authority to facilitate project objectives.
- D.
  
  Balancing the competing project constraints including scope, quality, schedule, budget, resource, and risk
6.

Collection of Projects and ongoing work managed in a coordinated way is ..........
7.

Projects create deliverables which include all except:
- A.
  
  Product
- B.
  
  Results
- C.
  
  Services
- D.
  
  Activities
8.

One of the goals of the portfolio management is to select carefully projects or programs that will
- A.
  
  Manage ongoing work directly
- B.
  
  Meet organization's strategic objectives
- C.
  
  Coordinate benefits of related projects
- D.
  
  Centralise management of a program
9.

F Projects are created as a result of all of the following except
- A.
  
  Technological advancement
- B.
  
  Legal requirement
- C.
  
  Market demand
- D.
  
  Project manager's prior experience
10.

XY is one of the world's largest energy companies, providing its customers with fuel for transportation, energy for heat and light, retail services and petrochemicals products for everyday items. During the past year there had been complaint on its community services. It is therefore starting an awareness programme which comprises of a web site development, awareness on clean energy and development of health centers in low income area. All this come under category of :
- A.
  
  Program
- B.
  
  Project
- C.
  
  Portfolio
- D.
  
  Ongoing work