Project Management Quiz Example From Joe Gartrell, Inc.

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| By Joegartrell
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Joegartrell
Community Contributor
Quizzes Created: 1 | Total Attempts: 230
| Attempts: 230
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  • 1/10 Questions

    Fixed price contracts are generally used when

    • Seller needs to maximize profits.
    • The scope of work is clear and the deliverables are direct and very easy to understand.
    • The scope of work is unclear and the deliverables vary and are difficult to understand.
    • All of the above.
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About This Quiz

This is a sample quiz based on a tiny fraction of the curriculum for my course, "Project Management 501: Executing and delivering an organization's vision." It requires a 60% score to pass. Let's see how you rate. *More than one answer can be correct, check all that apply when you see the square check boxes. Good luck!
If you are a new project manager, someone looking to make a career switch to project management, or an executive/senior manager who needs a good overview of project management, you will definitely benefit from my course and you will bring a lot of value back to your organization. Go to: www. Joegartrell. Com

Project Management Quiz Example From Joe Gartrell, Inc. - Quiz

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  • 2. 

    The project budget

    • Is completed before the WBS is created.

    • Should be aligned, aggregated, and reconciled at the WBS level.

    • Only accounts for fixed costs.

    • All of the above.

    Correct Answer
    A. Should be aligned, aggregated, and reconciled at the WBS level.
    Explanation
    Project budgets should account for all costs, but some large organizations only account for labor costs. Budgets are most accurate and manageable when estimated at the activity level and then rolled up into an aggregate budget.

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  • 3. 

    If EVA analysis indicates the SPI is .90 and the CPI is 1.05, this means

    • Project is ahead of schedule, but is over budget.

    • The project is behind schedule, but is under budget.

    • The project is behind schedule, but on budget.

    • All of the above.

    Correct Answer
    A. The project is behind schedule, but is under budget.
    Explanation
    In EVA, with the exception of one index (not these), below 1.00 is bad and above 1.00 is good. An index of 1.00 would mean exactly on schedule or on budget.

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  • 4. 

    Quality assurance should be thought of as

    • A monitoring function.

    • A process improvement activity

    • A closing function.

    • All of the above.

    Correct Answer
    A. A process improvement activity
    Explanation
    Most organizations, especially large organizations, get this wrong. They treat quality assurance as a lifecycle policing function rather than a process improvement function. Unless a function brings value to the final deliverable (or is required for regulatory or compliance purposes), it should be re-assessed and considered for elimination.

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  • 5. 

    Project execution is centered on

    • The project schedule.

    • The project budget.

    • Completing the work packages.

    • All of the above.

    Correct Answer
    A. Completing the work packages.
    Explanation
    The execution phase is about completing the work. The schedule and budget are completed during the planning phase, but are re-visited often during the life of the project.

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  • 6. 

    Project management is

    • A sub-set of management proper.

    • A profession.

    • Self terminating.

    • All of the above.

    Correct Answer
    A. All of the above.
    Explanation
    Project management encompasses the skills of "management" in addition to a specific body of knowledge for project management. It is a credentialed profession and by definition is self terminating.

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  • 7. 

    The critical path

    • Is comprised of a set, or combination of activities, any of which can be delayed.

    • Is the path in the project schedule with the highest risk.

    • Is the set of activities that comprise the longest path of any combination of dependent activities.

    • All of the above.

    Correct Answer(s)
    A. Is the path in the project schedule with the highest risk.
    A. Is the set of activities that comprise the longest path of any combination of dependent activities.
    Explanation
    There is no slack in the critical path. If any activity on the critical path falls behind or is completed behind schedule, the critical path is affected, thus the entire project schedule is affected. The critical path also denotes the longest path through a project.

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  • 8. 

    The business case should allow decision makers to know

    • That the issues have been thoughtfully considered and vetted.

    • That the value of the project is properly measured against the risks.

    • The roles and responsibilities of key project personnel.

    • All of the above.

    Correct Answer(s)
    A. That the issues have been thoughtfully considered and vetted.
    A. That the value of the project is properly measured against the risks.
    Explanation
    The business case usually precedes all project planning activities, thus most key project personnel won't be known at the time.

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  • 9. 

    Verify scope is

    • The same as perform quality control.

    • A check for completion against the requirements.

    • The final product acceptance by the project manager, customer, sponsor(s), and major stakeholders.

    • All of the above.

    Correct Answer(s)
    A. A check for completion against the requirements.
    A. The final product acceptance by the project manager, customer, sponsor(s), and major stakeholders.
    Explanation
    Verify scope is the acceptance of the deliverable as complete per the requirements.

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  • 10. 

    The change control committee

    • Should have zero to limited authority to change requirements unless specifically requested by the customer (end user), required by regulatory or legal reasons, or to correct a flaw in the original scope.

    • Should fairly represent the stakeholders, but should not have any authority other than accepting, rejecting, or recommending modifications to change requests.

    • Should be made up of project management professionals only.

    • All of the above.

    Correct Answer(s)
    A. Should have zero to limited authority to change requirements unless specifically requested by the customer (end user), required by regulatory or legal reasons, or to correct a flaw in the original scope.
    A. Should fairly represent the stakeholders, but should not have any authority other than accepting, rejecting, or recommending modifications to change requests.
    Explanation
    A change control committee approves changes based on the project scope as it exists. The change control process is a major line of defense against scope creep.

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  • Current Version
  • Mar 21, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • Jul 24, 2010
    Quiz Created by
    Joegartrell
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