Project Management C722 Questions
with Correct Answers
The project must be reevaluated in view of the new long term strategic plans. -
ANSWERSYour company has just revised its long-term goals and objectives as well as
its long term strategic plans. What is the impact on an existing project?
None. Proceed as planned.
The project must be reevaluated in view of the new long term strategic plans.
Accelerate the schedule before any directive to change the project.
Finish the project. It conformed with the company's strategy at the time it was approved.
scope, schedule, and budget - ANSWERSThe final __________, _________, and
____________ plans are captured as baselines for the project, which the sponsor
approves before the project moves into the execution phase.
Dedicated - ANSWERSa ____________ project manager's role in life is to be a project
manager regardless of the operational needs of the business.
working - ANSWERSa product design manager was also responsible for the operational
delivery of the product is a __________project manager
scope, time and budget - ANSWERSthe triple constraints of a project
project plan - ANSWERSA _____________ __________
should include approved requirements, a schedule resource plans, and budgeting
requirements.
stakeholder - ANSWERSAnyone who is involved with the project from inside or outside
of the organization that is either a user or contributor to the project and the organization
Project Manager - ANSWERSWho manages the varying interests of stakeholders?
regularly and timely
The frequency of project status meetings is based on stakeholders' interests and
communication needs, but they must be regular and timely. - ANSWERSIt is important
that project status meetings are held ____________________________
,weekly internal status - ANSWERSDuring the meeting, each leader speaks to the status
of their work. Risks and the status of any mitigation activities are discussed. Based on
the discussion, the PM assembles the team reports and updates them into one
document.
Monthly Management Project Review - ANSWERSThis meeting includes three
highlights, three lowlights, three issues, milestones that show the project schedule
performance compared to baseline, and a standard financial performance trend chart.
Monthly Customer Meeting - ANSWERSUsing the team's last prior weekly report and
the customer meeting information from last month, the PM covers project performance
to schedule and financial performance for the project. Product and contract issues and
discussions are also held at this time.
False
The real purpose of a status meeting beyond informing, which can be done in writing, is
to get questions and raise issues before they become problems! You will save time if
you find out information and issues as early as possible. - ANSWERSTrue or False:
Status meetings should be held only with the sponsor to keep questions to a minimum
and conserve time.
project status meeting - ANSWERSChoosing the reports that a project will use is closely
linked with selecting the_____________________ __________ _____________
scheduling - ANSWERSA Gantt chart is an example of a
____________________
tool.
The maximum number of hours that should go by before checking in with a team
member - ANSWERSOne of the project manager's tools for communicating is the 8 and
80 Rule. What does the number 80 refer to in this rule?
Setting aggressive deliverables and schedules
Combining people of different skills and backgrounds
Asking people to work on the tasks needed without giving them the whole picture -
ANSWERSWhich of the following are causes of conflict in teams? (Select all that apply.)
Setting aggressive deliverables and schedules
Combining people of different skills and backgrounds
Working on risk resolution through a variety of collaborative platforms
, Asking people to work on the tasks needed without giving them the whole picture
communication with the team - ANSWERSWhich is a way to avoid conflict in a project?
Conflict can teach the project manager and team members something critical about the
project that was not previously known. - ANSWERSHow can conflict be an opportunity?
They are best practices that may not apply to every project in every company in every
industry. - ANSWERSWhich of the following statements about the PMBOK and
PRINCE2 standards is correct?
They enforce systems and processes to ensure efficiencies and project safety.
The review process is lengthy so standards may not be relevant and don't reflect the
best practices of the time.
They are best practices that may not apply to every project in every company in every
industry.
They dictate the project management processes and standards that a PM needs to
understand and adhere to.
Standards - ANSWERSWhat specifically do PMBOK and PRINCE2 to provide to
projects?
PMP - Project Mgmt Professional - ANSWERSWhich certification has the largest
number of practitioners registered globally?
IPMA - ANSWERSWhich organization issues competency-based certifications but does
not have a standard such as the PMBOK?
AXELOS, Ltd
Project Management Institute (PMI)
International Project Management Association (IPMA)
Association for Project Management (APM)
Axelos - ANSWERSWhich organization oversees the PRINCE2 certification?
AXELOS, Ltd
with Correct Answers
The project must be reevaluated in view of the new long term strategic plans. -
ANSWERSYour company has just revised its long-term goals and objectives as well as
its long term strategic plans. What is the impact on an existing project?
None. Proceed as planned.
The project must be reevaluated in view of the new long term strategic plans.
Accelerate the schedule before any directive to change the project.
Finish the project. It conformed with the company's strategy at the time it was approved.
scope, schedule, and budget - ANSWERSThe final __________, _________, and
____________ plans are captured as baselines for the project, which the sponsor
approves before the project moves into the execution phase.
Dedicated - ANSWERSa ____________ project manager's role in life is to be a project
manager regardless of the operational needs of the business.
working - ANSWERSa product design manager was also responsible for the operational
delivery of the product is a __________project manager
scope, time and budget - ANSWERSthe triple constraints of a project
project plan - ANSWERSA _____________ __________
should include approved requirements, a schedule resource plans, and budgeting
requirements.
stakeholder - ANSWERSAnyone who is involved with the project from inside or outside
of the organization that is either a user or contributor to the project and the organization
Project Manager - ANSWERSWho manages the varying interests of stakeholders?
regularly and timely
The frequency of project status meetings is based on stakeholders' interests and
communication needs, but they must be regular and timely. - ANSWERSIt is important
that project status meetings are held ____________________________
,weekly internal status - ANSWERSDuring the meeting, each leader speaks to the status
of their work. Risks and the status of any mitigation activities are discussed. Based on
the discussion, the PM assembles the team reports and updates them into one
document.
Monthly Management Project Review - ANSWERSThis meeting includes three
highlights, three lowlights, three issues, milestones that show the project schedule
performance compared to baseline, and a standard financial performance trend chart.
Monthly Customer Meeting - ANSWERSUsing the team's last prior weekly report and
the customer meeting information from last month, the PM covers project performance
to schedule and financial performance for the project. Product and contract issues and
discussions are also held at this time.
False
The real purpose of a status meeting beyond informing, which can be done in writing, is
to get questions and raise issues before they become problems! You will save time if
you find out information and issues as early as possible. - ANSWERSTrue or False:
Status meetings should be held only with the sponsor to keep questions to a minimum
and conserve time.
project status meeting - ANSWERSChoosing the reports that a project will use is closely
linked with selecting the_____________________ __________ _____________
scheduling - ANSWERSA Gantt chart is an example of a
____________________
tool.
The maximum number of hours that should go by before checking in with a team
member - ANSWERSOne of the project manager's tools for communicating is the 8 and
80 Rule. What does the number 80 refer to in this rule?
Setting aggressive deliverables and schedules
Combining people of different skills and backgrounds
Asking people to work on the tasks needed without giving them the whole picture -
ANSWERSWhich of the following are causes of conflict in teams? (Select all that apply.)
Setting aggressive deliverables and schedules
Combining people of different skills and backgrounds
Working on risk resolution through a variety of collaborative platforms
, Asking people to work on the tasks needed without giving them the whole picture
communication with the team - ANSWERSWhich is a way to avoid conflict in a project?
Conflict can teach the project manager and team members something critical about the
project that was not previously known. - ANSWERSHow can conflict be an opportunity?
They are best practices that may not apply to every project in every company in every
industry. - ANSWERSWhich of the following statements about the PMBOK and
PRINCE2 standards is correct?
They enforce systems and processes to ensure efficiencies and project safety.
The review process is lengthy so standards may not be relevant and don't reflect the
best practices of the time.
They are best practices that may not apply to every project in every company in every
industry.
They dictate the project management processes and standards that a PM needs to
understand and adhere to.
Standards - ANSWERSWhat specifically do PMBOK and PRINCE2 to provide to
projects?
PMP - Project Mgmt Professional - ANSWERSWhich certification has the largest
number of practitioners registered globally?
IPMA - ANSWERSWhich organization issues competency-based certifications but does
not have a standard such as the PMBOK?
AXELOS, Ltd
Project Management Institute (PMI)
International Project Management Association (IPMA)
Association for Project Management (APM)
Axelos - ANSWERSWhich organization oversees the PRINCE2 certification?
AXELOS, Ltd
