Project Management 101 Quiz: Exam!

30 Questions | Total Attempts: 102

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Project Management 101 Quiz: Exam!

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Questions and Answers
  • 1. 
    Which process uses up most of the budget in a project?
    • A. 

      Integrating

    • B. 

      Planning

    • C. 

      Executing

    • D. 

      Monitoring and Controlling

  • 2. 
    One of the following groups is NOT a process group – but which one?
    • A. 

      Planning

    • B. 

      Integrating

    • C. 

      Closing

    • D. 

      Executing

  • 3. 
    Work in the future distance is planned at a high level on the work breakdown structure (WBS), but work in the near future can be planned in detail at a low level on the WBS. What is this form of progressive elaboration called?
    • A. 

      Stage Gate Planning

    • B. 

      Detailed Phase Planning

    • C. 

      Progressive Planning

    • D. 

      Rolling Wave Planning

  • 4. 
    The project life cycle is documented in which process group?
    • A. 

      Planning

    • B. 

      Initiating

    • C. 

      Integration

    • D. 

      Life Cycle Planning

  • 5. 
    Your project team has been assembled, so in which process group will you perform team building?
    • A. 

      Executing

    • B. 

      Initiating

    • C. 

      Planning

    • D. 

      Monitoring and Controlling

  • 6. 
    What is meant by RACI?
    • A. 

      Responsible, Accountable, Confirm, Inform

    • B. 

      Recommended, Accountable, Consulted, Inform

    • C. 

      Responsible, Accountant, Consulted, Inform

    • D. 

      Responsible, Accountable, Consulted, Inform

  • 7. 
    The project manager meets with the project team to review lessons learned from previous projects. In what activity is the team involved?
    • A. 

      Performance management

    • B. 

      Scope identification

    • C. 

      Risk identification

    • D. 

      Project team status meeting

  • 8. 
    When estimating time for activities, a Project Manager should:
    • A. 

      Use the best guess and estimate all activities since there will be changes as the project progresses and more information becomes available

    • B. 

      Involve people who will be doing the work to get estimates

    • C. 

      Estimate for what the cost will allow and include buffers

    • D. 

      None of the above

  • 9. 
    A limiting factor that affects the execution of a project, program, portfolio, or process is called
  • 10. 
    A factor in the planning process that is considered to be true, real, or certain without proof or demonstration is called
  • 11. 
    Key features of a project management office (PMO) generally include all of the following EXCEPT: 
    • A. 

      Delivering specific project objectives and controlling the assigned project resources to best meet objectives of the project.

    • B. 

      Identification and development of project management methodology, best practices, and standards.

    • C. 

      Centralized repository and management for both shared and unique risks for all projects.

    • D. 

      A mentoring platform for project managers.

  • 12. 
    Your project budget is USD 400,000. Most of this money will be spent during:
    • A. 

      Project plan development.

    • B. 

      Project plan execution.

    • C. 

      Project control.

    • D. 

      Project initiation.

  • 13. 
    Estimating a task duration by extrapolating from one or more similar activities completed in the past is called
    • A. 

      Parametric estimating.

    • B. 

      Estimating by extension.

    • C. 

      History based estimating.

    • D. 

      Analogous estimating.

  • 14. 
    A change control board is
    • A. 

      A formally constituted group of stakeholders responsible for minimizing the number of approved changes, with all decisions and recommendations being recorded..

    • B. 

      A formally constituted group of stakeholders responsible for reviewing, evaluating, approving, delaying or rejecting changes to the project, with all decisions and recommendations being recorded.

    • C. 

      Functionally equivalent to a project steering committee.

    • D. 

      Any group of stakeholders that meets to review or approve changes

  • 15. 
    The sequence of activities that cannot be delayed during the course of the project is referred to as the:
    • A. 

      Critical path

    • B. 

      Master schedule

    • C. 

      Slack line

    • D. 

      Action plan

  • 16. 
    Cost of changes in requirements tends to:
    • A. 

      Increase as the project starts up and progresses

    • B. 

      Decrease as the project starts up and progresses

    • C. 

      Increase or decrease depending on the scope of the change

    • D. 

      Always require the project sponsor's approval

  • 17. 
    The critical path in a schedule network is the path that:
    • A. 

      Takes the longest time to complete

    • B. 

      Must be done before any other tasks

    • C. 

      Allows some flexibility in scheduling a start time

    • D. 

      Is not affected by schedule slippage

  • 18. 
    All of the following are common characteristics of project life cycle descriptions EXCEPT :
    • A. 

      Cost and staffing levels are low at the start, higher towards the end and drop rapidly as the project ends

    • B. 

      Risk and uncertainty are highest at the end of the project

    • C. 

      The probability of successfully completing the project is low at the start and gets progressively higher as the project continues

    • D. 

      The ability of stakeholders to influence the final characteristics of the project product is highest at the start of the project 

  • 19. 
    As the project manager, you are scheduling some activities in which there is a delay between the finish of the activity and the start of the successor activity. These dependencies would be reflected in the schedule with a
    • A. 

      Finish-to-start relationship

    • B. 

      Lag

    • C. 

      Start-to-finish relationship

    • D. 

      Lead

  • 20. 
    Which of these is not an example of a project? 
    • A. 

      Buying clothes from the market on a special sale. 

    • B. 

      Planning for your friends wedding. 

    • C. 

      Building a bridge across the Amazon river. 

    • D. 

      Cleaning the office building every day. 

  • 21. 
    You are planning to use PERT for planning of your project. A task has pessimistic estimate of 24 days, most likely estimate of 15 days and optimistic estimate of 12 days. What is the mean using the PERT technique? 
    • A. 

      18 days 

    • B. 

      25.5 days 

    • C. 

      15 days 

    • D. 

      16 days 

  • 22. 
    The authority to approve or deny change request lies with 
    • A. 

      Project Manager 

    • B. 

      Customer 

    • C. 

      Project Sponsor

    • D. 

      Change Control Board 

  • 23. 
    You are required to estimate the time to paint a large wall. You know it takes two hours to paint one square foot of wall. The wall has an area of 30 square foot. So you estimate that it will take 60 hours to paint the wall. Which estimation model are you using? 
    • A. 

      Bottom-up 

    • B. 

      Parametric

    • C. 

      Analogous 

    • D. 

      Expert judgment

  • 24. 
    You are the project manager responsible for building a new web site. The project is running late. To bring the project on schedule, you decide to add additional resources to the critical path. This is an example of 
    • A. 

      Fast-tracking 

    • B. 

      Resource planning

    • C. 

      Crashing

    • D. 

      Schedule Management

  • 25. 
    Which of the following is true statement about risks? 
    • A. 

      If a risk is identified in a risk response plan, then that means that risk has already happened.

    • B. 

      Once a risk has happened, you refer to the risk management plan to determine what action needs to be taken.

    • C. 

      A risk that was not planned but has happened is called a trigger.

    • D. 

      Risk identification happens in all the phases of the project.

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