CPS714 Lecture Quizzes 1-4 || Solved Correctly.
A predictive approach to project management is also called ____________. a. adaptive b.
waterfall c. iterative d. scrum correct answers waterfall
A _______________ is a temporary endeavor undertaken to create a unique product, service, or
result. a. program b. process c. project d. portfolio correct answers project
Which of the following is not an attribute of a project? a. projects are unique b. projects are
developed using progressive elaboration c. projects have a primary customer or sponsor d.
projects involve no uncertainty correct answers projects involve no uncertainty
Which of the following is not part of the triple constraint of project management? a. meeting
scope goals b. meeting schedule goals c. meeting communication goals d. meeting cost goals
correct answers meeting communication goals
_______________ is the application of knowledge, skills, tools, and techniques to project
activities to meet project requirements. a. Project management b. Program management c.
Project portfolio management d. Project performance domain correct answers Project
management
Project portfolio management addresses _______________ goals of an organization, while
project management addresses _______________ goals. a. strategic, tactical b. tactical, strategic
c. internal, external d. external, interna correct answers strategic, tactical
Which of the following statements is true concerning agile project management? a. You should
use a tool like Jira and not Microsoft Project on agile projects. b. All projects should be run using
an agile framework such as scrum. c. You cannot use both agile and predictive project
management tools on the same project. d. You should first understand and use an agile mindset
before trying to implement agile project management. correct answers You should first
understand and use an agile mindset before trying to implement agile project management.
Which of the following statements is false concerning the project management profession? a.
Project managers, program managers, and portfolio managers require the same skillset. b. The
, number of people earning the Project Management Professional (PMP) has increased in recent
years, and several other organizations, including Google, provide their own certifications in
project management. c. People in virtually every industry around the globe can benefit from
good project management. d. Many of the software tools used for managing agile projects can be
used for predictive and hybrid projects correct answers Project managers, program managers,
and portfolio managers require the same skillset.
Which of the following is not part of a SWOT analysis? a. Strength b. Weakness c. Opportunities
d. Tactics correct answers Tactics
A large company continues to be successful by providing new products and services for its
market niche of brides. What is its main competitive strategy? a. cost leadership b. quality c.
focus d. customer service correct answers focus
The last step in the four-stage planning process for projects is _______________. a. resource
allocation b. project planning c. business area analysis d. strategic planning correct answers
resource allocation
It is very important to start at the top of the four-stage planning process pyramid to select
projects that support the organization's _______________. a. vision b. business strategy c.
financial position d. culture correct answers business strategy
Which of the following statements is false concerning the financial analysis of projects? a. The
higher the net present value the better. b. A shorter payback period is better than a longer one. c.
The required rate of return is the discount rate that results in an NPV of zero for the project. d.
ROI is the result of subtracting the project costs from the benefits and then dividing by the costs.
correct answers The required rate of return is the discount rate that results in an NPV of zero for
the project.
A _______________ is a methodology that converts an organization's value drivers — such as
customer service, innovation, operational efficiency, and financial performance — into a series
of defined metrics. a. balanced scorecard b. weighted scoring model c. net present value analysis
d. directive correct answers balanced scorecard
A predictive approach to project management is also called ____________. a. adaptive b.
waterfall c. iterative d. scrum correct answers waterfall
A _______________ is a temporary endeavor undertaken to create a unique product, service, or
result. a. program b. process c. project d. portfolio correct answers project
Which of the following is not an attribute of a project? a. projects are unique b. projects are
developed using progressive elaboration c. projects have a primary customer or sponsor d.
projects involve no uncertainty correct answers projects involve no uncertainty
Which of the following is not part of the triple constraint of project management? a. meeting
scope goals b. meeting schedule goals c. meeting communication goals d. meeting cost goals
correct answers meeting communication goals
_______________ is the application of knowledge, skills, tools, and techniques to project
activities to meet project requirements. a. Project management b. Program management c.
Project portfolio management d. Project performance domain correct answers Project
management
Project portfolio management addresses _______________ goals of an organization, while
project management addresses _______________ goals. a. strategic, tactical b. tactical, strategic
c. internal, external d. external, interna correct answers strategic, tactical
Which of the following statements is true concerning agile project management? a. You should
use a tool like Jira and not Microsoft Project on agile projects. b. All projects should be run using
an agile framework such as scrum. c. You cannot use both agile and predictive project
management tools on the same project. d. You should first understand and use an agile mindset
before trying to implement agile project management. correct answers You should first
understand and use an agile mindset before trying to implement agile project management.
Which of the following statements is false concerning the project management profession? a.
Project managers, program managers, and portfolio managers require the same skillset. b. The
, number of people earning the Project Management Professional (PMP) has increased in recent
years, and several other organizations, including Google, provide their own certifications in
project management. c. People in virtually every industry around the globe can benefit from
good project management. d. Many of the software tools used for managing agile projects can be
used for predictive and hybrid projects correct answers Project managers, program managers,
and portfolio managers require the same skillset.
Which of the following is not part of a SWOT analysis? a. Strength b. Weakness c. Opportunities
d. Tactics correct answers Tactics
A large company continues to be successful by providing new products and services for its
market niche of brides. What is its main competitive strategy? a. cost leadership b. quality c.
focus d. customer service correct answers focus
The last step in the four-stage planning process for projects is _______________. a. resource
allocation b. project planning c. business area analysis d. strategic planning correct answers
resource allocation
It is very important to start at the top of the four-stage planning process pyramid to select
projects that support the organization's _______________. a. vision b. business strategy c.
financial position d. culture correct answers business strategy
Which of the following statements is false concerning the financial analysis of projects? a. The
higher the net present value the better. b. A shorter payback period is better than a longer one. c.
The required rate of return is the discount rate that results in an NPV of zero for the project. d.
ROI is the result of subtracting the project costs from the benefits and then dividing by the costs.
correct answers The required rate of return is the discount rate that results in an NPV of zero for
the project.
A _______________ is a methodology that converts an organization's value drivers — such as
customer service, innovation, operational efficiency, and financial performance — into a series
of defined metrics. a. balanced scorecard b. weighted scoring model c. net present value analysis
d. directive correct answers balanced scorecard
