Are You Ready To Take The Project Management Test Challenge?
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What are the 9 Project management knowledge areas
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About This Quiz
Are you ready to take the project management test challenge? When you are competing to show how knowledgeable you are in a field, you need to ensure that you know all aspects of the study and how some questions may be designed. To ensure that you do not zone out in the challenge, we have prepared this comprehensive quiz. Give See moreit a shot!
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- 2.
The triple Constraints of Project Management
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What are the four Organizational frames?
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What are the 3 Basic Organizatioal structures?
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What are the recent trends that affects IT Project Management?
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What are the Five Project Management Process Groups?
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What is the meaning of SWOT?
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What are the three important Criteria for projects
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What are the Project Time Management Processes?
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What are the three types of Dependencies?
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What is the meaning of the SMART criteria? As Milestone should be:
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Meaning of DMAIC?
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What are McGregor's Theories about huma relations approach to management?
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The ways to have Influence on Projects
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Meaning of RACI
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What are the different types of Handling Conflicts?
- 17.
The buyer pays the supplier for allowable performance costs plus a predetermined percentage based on total costs
Explanation
The correct answer is CPPC, which stands for Cost Plus Percentage of Costs. In this type of contract, the buyer agrees to pay the supplier for allowable performance costs, such as materials and labor, plus a predetermined percentage based on the total costs. This allows the supplier to cover their costs and also earn a profit based on the percentage agreed upon.Rate this question:
- 18.
It often takes several activities and a lot of work to complete a milestone.
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True
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False
Correct Answer
A. TrueExplanation
Completing a milestone typically requires multiple activities and a significant amount of work. This suggests that the statement "It often takes several activities and a lot of work to complete a milestone" is true.Rate this question:
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- 19.
Are the people involved in or affected by project activities
Correct Answer
Stakeholders
stakeholdersExplanation
The term "stakeholders" refers to the individuals or groups who are involved in or impacted by the activities of a project. These individuals can include project team members, clients, customers, suppliers, and other relevant parties. The use of both "Stakeholders" and "stakeholders" in the answer suggests that the term can be written in either uppercase or lowercase letters, indicating that both variations are acceptable.Rate this question:
- 20.
Is a Temporary endeavor undertaken to create a unique product, service or result
Correct Answer
Project
projectExplanation
A project is a temporary endeavor undertaken to create a unique product, service, or result. It involves a specific goal or objective and has a defined beginning and end. Projects are distinct from ongoing operations and are usually carried out by a team or group of individuals. They require planning, coordination, and resources to achieve the desired outcome. The repetition of the word "project" in the answer reinforces the idea that the correct answer is indeed "project."Rate this question:
- 21.
It lower trade and political barriers and the digital revolution have made it possible to interact almost instantaneously with billions of other people across the planet
Correct Answer
Globalization
globalizationExplanation
Globalization refers to the process of increasing interconnectedness and interdependence among countries through the exchange of goods, services, information, and ideas. The statement highlights two factors that have contributed to globalization: the lowering of trade and political barriers and the digital revolution. These factors have made it easier for people to interact with others from different parts of the world almost instantly. Therefore, the correct answer is Globalization or globalization.Rate this question:
- 22.
Is a series of actions directed towards a particular result
Correct Answer
Process
processExplanation
The given correct answer for this question is "process". A process refers to a series of actions that are directed towards achieving a specific result. It involves following a set of steps or procedures in order to accomplish a desired outcome. The repetition of these actions in a systematic manner helps in achieving consistency and efficiency in the desired result.Rate this question:
- 23.
Is a document that formally recognizes the existence of a project and provides direction on the project's objectives and management
Correct Answer
Project Charter
project charter
Project charterExplanation
A project charter is a document that formally recognizes the existence of a project and provides direction on the project's objectives and management. It outlines the purpose, goals, and scope of the project, as well as identifies key stakeholders, resources, and timelines. The project charter serves as a foundation for decision-making and sets the overall direction for the project team. It is an important tool for ensuring that everyone involved in the project is aligned and working towards a common goal.Rate this question:
- 24.
Is a document used to coordinate all project planning documents and help guide a project's execution and control
Correct Answer
Project Management Plan
project management plan
Project management planExplanation
The project management plan is a document that is used to coordinate all project planning documents and help guide a project's execution and control. It outlines the objectives, scope, deliverables, schedule, budget, and resources required for the project. It serves as a roadmap for the project team and stakeholders, providing a comprehensive overview of how the project will be managed and executed. The project management plan ensures that all project activities are aligned with the project goals and objectives, and provides a framework for monitoring and controlling the project's progress.Rate this question:
- 25.
Is a document that describes detailed information about each WBS item
Correct Answer
WBS Dictionary
wbs dictionary
wbs DictionaryExplanation
A WBS Dictionary is a document that provides detailed information about each item in the Work Breakdown Structure (WBS). It describes the scope, deliverables, activities, and resources associated with each WBS item. The WBS Dictionary is an important tool for project management as it helps in clarifying the work to be done, assigning responsibilities, and ensuring a common understanding among project stakeholders. It is typically used in conjunction with the WBS to provide a comprehensive overview of the project's scope and requirements.Rate this question:
- 26.
States that if something can go wrong, it will
Correct Answer
Murphy's Law
murphy law
murphy's lawExplanation
Murphy's Law is a popular adage that states that if something can go wrong, it will. This means that in any given situation, if there is a possibility for something to go awry or not according to plan, it is likely to happen. The term "Murphy's Law" is often used humorously to express the idea that things often go wrong or don't go as expected. It is a reminder to be prepared for the unexpected and to have contingency plans in place.Rate this question:
- 27.
Are costs that are not directly related to the products or services of the project, but are indirectly related to performing the project
Correct Answer
Indirect Costs
indirect costs
Indirect costsExplanation
Indirect costs are expenses that are not directly tied to the production or provision of a specific product or service in a project. These costs are incurred in order to support the overall project operations and include items such as administrative expenses, rent, utilities, and equipment maintenance. Indirect costs are necessary for the project to function effectively, but they are not directly attributable to any specific product or service being delivered.Rate this question:
- 28.
Is a document that describes how the organization will manage cost variances on the project
Correct Answer
Cost management plan
cost management plan
Cost Management PlanExplanation
The cost management plan is a document that outlines how an organization will handle cost variances on a project. It provides guidelines and procedures for monitoring and controlling project costs, as well as strategies for addressing any deviations from the budget. The plan includes information on cost estimation, budgeting, cost control measures, and reporting mechanisms. By having a well-defined cost management plan, the organization can ensure that project costs are effectively managed and kept within the approved budget.Rate this question:
- 29.
Generates ideas for quality improvements by comparing specific project practices or product characteristics to those of other projects or products within or outside the performing organization
Correct Answer
Benchmarking
benchmarkingExplanation
Benchmarking is a process of generating ideas for quality improvements by comparing specific project practices or product characteristics to those of other projects or products within or outside the performing organization. It involves identifying best practices and performance standards in order to improve performance and achieve competitive advantage. By comparing and analyzing the practices and characteristics of other projects or products, organizations can identify areas for improvement and implement strategies to enhance their own performance. Benchmarking helps organizations to learn from others and continuously improve their processes, products, and services.Rate this question:
- 30.
Is the potential ability to influence behavior to get people to do things they would not otherwise do
Correct Answer
Power
powerExplanation
The correct answer is "Power". Power refers to the potential ability to influence behavior and get people to do things they would not otherwise do. It is the capacity to have control or authority over others and can be derived from various sources such as position, knowledge, or personal qualities. Power can be used to motivate, persuade, or manipulate individuals to act in a certain way, and it plays a crucial role in leadership and social dynamics.Rate this question:
- 31.
Is the matching of certain behaviors of the other person, a technique to help establish rapport
Correct Answer
Mirroring
mirroringExplanation
Mirroring is a technique used to establish rapport by matching certain behaviors of the other person. It involves subtly imitating their body language, tone of voice, and gestures. By mirroring the other person, it helps create a sense of connection and understanding, making them feel more comfortable and open to communication. This technique is commonly used in various contexts, such as sales, negotiations, and therapy, to build trust and enhance interpersonal relationships.Rate this question:
- 32.
A document that contains the result of various risk management processes and that is often displayed in a table or spreadsheet format
Correct Answer
risk register
Risk registerExplanation
A risk register is a document that captures the results of different risk management processes and is commonly presented in a table or spreadsheet format. It provides a comprehensive overview of identified risks, their likelihood, impact, and mitigation strategies. The risk register helps in prioritizing and tracking risks throughout a project or organization, allowing stakeholders to make informed decisions and take necessary actions to manage and mitigate risks effectively.Rate this question:
- 33.
Means acquiring goods and/or services from an outside source
Correct Answer
Procurement
procurementExplanation
Procurement refers to the process of acquiring goods and/or services from an outside source. It involves activities such as sourcing, negotiating contracts, purchasing, and managing suppliers. The term "procurement" can be written in both uppercase and lowercase letters, hence "Procurement" and "procurement" are both correct answers.Rate this question:
- 34.
Is a mutually binding agreement that obligates the seller to provide the specified products or services and obligates the buyer to pay for them
Correct Answer
Contract
contractExplanation
A contract is a legally binding agreement between two parties, the seller and the buyer, where the seller agrees to provide specific products or services, and the buyer agrees to pay for them. This agreement creates mutual obligations for both parties, ensuring that the seller fulfills their delivery obligations and the buyer fulfills their payment obligations. A contract provides legal protection and ensures that both parties are held accountable for their responsibilities.Rate this question:
- 35.
Is a description of the work required for the procurement
Correct Answer
Statement of work
statement of workExplanation
The correct answer is "Statement of work". A statement of work is a description of the work that needs to be done for the procurement. It outlines the specific tasks, deliverables, and timeline for the project. It helps to define and clarify the scope of work for both the buyer and the seller, ensuring that everyone is on the same page regarding the expectations and requirements of the project.Rate this question:
- 36.
Loosely, defined, is a set of principles that guide our decision making based on personal values of what is "right" or "wrong"
Correct Answer
Ethics
ethicsExplanation
Ethics refers to a set of principles that guide our decision-making based on personal values of what is considered "right" or "wrong". It involves making choices that align with our moral beliefs and values. The term "ethics" can be used in both a general sense, where it encompasses the broader concept of moral principles, and in a specific sense, where it refers to a particular branch of philosophy that deals with moral principles. In either case, ethics plays a crucial role in shaping our behavior and determining what actions are considered morally acceptable.Rate this question:
- 37.
Is a group of related projects managed in a coordinated way.
Correct Answer
Program
program
Programs
programsExplanation
A program refers to a group of related projects that are managed in a coordinated way. This can include multiple projects that are interconnected and have a common goal or objective. The term "program" can be used in both uppercase and lowercase, as "Program" and "program" respectively, to refer to the same concept. Similarly, "Programs" and "programs" can also be used interchangeably to denote multiple groups of related projects being managed together.Rate this question:
- 38.
Plays a key role in helping projects and organizations succeed
Correct Answer
Project managers
project managers
Project manager
project managerExplanation
Project managers play a crucial role in the success of projects and organizations. They are responsible for planning, organizing, and overseeing the execution of projects, ensuring that they are completed on time, within budget, and meet the desired objectives. Project managers possess the necessary skills and expertise to effectively coordinate resources, manage risks, and communicate with stakeholders. Their ability to lead and motivate teams, make critical decisions, and adapt to changing circumstances is instrumental in achieving project success.Rate this question:
- 39.
It is a structure where personnel often reports to two or more bosses and it is the middle ground between functional and project structures
Correct Answer
Matrix
matrixExplanation
A matrix structure is a type of organizational structure where employees report to multiple bosses, usually from different departments or projects. This structure is a middle ground between functional and project structures. In a matrix structure, employees have dual reporting lines, one to their functional manager and another to their project manager. This allows for flexibility and collaboration across departments while also maintaining a functional focus.Rate this question:
- 40.
Is a deliverable-oriented grouping of the work involved in a project that defines the total scope of the project
Correct Answer
Work Breakdown Structure
work breakdown structure
Work breakdown structure
WBS
wbsExplanation
The correct answer is "Work Breakdown Structure,work breakdown structure,Work breakdown structure,WBS,wbs". A work breakdown structure (WBS) is a deliverable-oriented grouping of the work involved in a project that defines the total scope of the project. It breaks down the project into smaller, more manageable components, allowing for better planning, organization, and control of the project. The WBS helps to identify all the tasks and activities required to complete the project and provides a hierarchical structure that shows how these tasks are related to each other. It is an essential tool for project management and helps ensure that all project requirements are met.Rate this question:
- 41.
Is subdividing project deliverables into smaller pieces
Correct Answer
Decomposition
decompositionExplanation
Decomposition is the process of breaking down project deliverables into smaller, more manageable pieces. This allows for a more detailed analysis and understanding of the project, as well as easier planning and execution. By decomposing the deliverables, the project team can identify the specific tasks and activities required to complete each component, allocate resources effectively, and track progress more accurately. Decomposition helps to ensure that all aspects of the project are accounted for and can be successfully completed within the given timeframe and budget.Rate this question:
- 42.
An approach in developing the WBS were you starts with the largest items of the project and break them down
Correct Answer
Top-down Approach
top-down approach
Top-down approach
Top Down Approach
top down approachExplanation
The top-down approach in developing a Work Breakdown Structure (WBS) involves starting with the largest items of the project and breaking them down into smaller and more manageable components. This approach allows for a high-level view of the project and helps in identifying major deliverables and milestones. By breaking down the project into smaller parts, it becomes easier to assign responsibilities, estimate resources, and track progress. The top-down approach is effective in situations where the project scope is well-defined and the project manager has a clear understanding of the overall project objectives.Rate this question:
- 43.
Involves formal acceptance of the completed project scope by the stakeholders
Correct Answer
Scope Verification
scope verification
Scope verificationExplanation
Scope verification is the process of formal acceptance of the completed project scope by the stakeholders. It involves reviewing the deliverables and ensuring that they meet the agreed-upon requirements and objectives. This step is crucial to ensure that the project has been successfully completed and that all parties are satisfied with the final outcome. Scope verification helps to minimize misunderstandings and disputes by providing a clear and documented confirmation of the project scope's completion.Rate this question:
- 44.
Type of depencies were it is defined by the project team; sometimes referred to as soft logic and should be used with care since they may limit later scheduling options
Correct Answer
Discretionary Dependencies
discretionary dependencies
Discretionary dependenciesExplanation
Discretionary dependencies are a type of dependencies that are defined by the project team. They are sometimes referred to as soft logic and should be used with caution as they may restrict or limit future scheduling options. Discretionary dependencies are not mandatory or inherent to the project, but rather are chosen by the project team based on their judgment and preferences. These dependencies can be helpful in certain situations, but they should be carefully considered as they may affect the flexibility and adaptability of the project schedule.Rate this question:
- 45.
Includes the actual amount of time worked on an activity plus elapsed time
Correct Answer
Duration
durationExplanation
The given answer "Duration, duration" is correct because duration refers to the total amount of time taken for an activity, including both the actual time worked on the task and any elapsed time. The repetition of the word "duration" in the answer emphasizes its significance in measuring the time taken for an activity.Rate this question:
- 46.
Determines the early start and finish dates on a network diagram
Correct Answer
Forward Pass
forward pass
Forward passExplanation
The forward pass is a technique used in project management to determine the early start and finish dates on a network diagram. It involves starting at the beginning of the project and calculating the earliest possible start and finish times for each activity, based on the dependencies and duration of the activities. By performing the forward pass, project managers can identify the critical path, which is the longest sequence of activities that determines the overall project duration. This information is crucial for effective project planning and scheduling.Rate this question:
- 47.
Is the ratio of revenues to profits
Correct Answer
Profit Margin
profit margin
Profit marginExplanation
The correct answer is "Profit Margin, profit margin, Profit margin." Profit margin is a financial metric that represents the percentage of profit a company earns from its total revenue. It is calculated by dividing the net profit by the total revenue and multiplying the result by 100. The term "profit margin" is used interchangeably and refers to the same concept. Therefore, the answer suggests that the ratio of revenues to profits is measured by the profit margin.Rate this question:
- 48.
Are costs that can be directly related to producing the products and services of the project
Correct Answer
Direct Costs
direct costs
Direct costsExplanation
Direct costs are expenses that can be easily and directly attributed to the production of goods or services in a project. These costs are specifically incurred for the purpose of the project and can be easily tracked and allocated. Examples of direct costs include raw materials, labor costs, equipment costs, and any other expenses directly associated with the production process. Direct costs are important to consider in project budgeting and cost management as they directly impact the overall cost of producing the project's deliverables.Rate this question:
- 49.
Is a project performance measurement technique that integrates scope, time, and cost data
Correct Answer
EVM
evm
Earned Value Management
earned value managementExplanation
Earned Value Management (EVM) is a project performance measurement technique that integrates scope, time, and cost data. It allows project managers to assess the progress and performance of a project by comparing the planned value (PV), earned value (EV), and actual cost (AC). PV represents the budgeted cost of work scheduled, EV represents the budgeted cost of work performed, and AC represents the actual cost of work performed. By analyzing these values, EVM provides insights into the project's schedule and cost variances, enabling effective decision-making and performance monitoring.Rate this question:
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Nov 16, 2023Quiz Edited by
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Mar 09, 2012Quiz Created by
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