Questions with Accurate Answers
2025/2026 Edition.
Which are more successful: agile or traditional method projects? - Answer Agile Projects.
They have better alignment with business needs and faster delivery time
Project - Answer temporary endeavor undertaken to create a unique product, service, or
result
When does a project end? - Answer Objectives are reached or project is terminated
How is a project developed? - Answer Progressive Elaboration
1. Preliminary Investigation
2. Systems Analysis
3. Systems Design
4. Systems Development
5. Systems Implementation
6. Systems Maintenance
Project Sponsor - Answer provides direction and funding for the project
Program - Answer group of related projects
managed in a coordinated way
obtain benefits and control not available from managing them individually
Project Managers - Answer Work with project sponsors, teams, and others to meet project
goals
Find synergies and efficiencies
Program Managers - Answer oversee programs and often act as bosses for project managers
Stakeholders - Answer people involved in or affected by project activities
sponsor, manager, team, support staff, customers, users, etc.
, Triple Constraint - Answer every project is constrained in different ways by its: scope goals,
time goals, cost goals
project manager must balance these
What is project management? - Answer the application of knowledge, skills, tools and
techniques to project activities to meet project requirements
PMI Talent Triangle - Answer Technical Project Management
Leadership
Strategic and business Management
Ten PM Knowledge Areas - Answer -Scope, Time, Cost, Quality
-HR, Communication, Risk, Procurement Management
-Project Integration Mgmt
-Stakeholder Mgmt
Project Management Tools and Techniques - Answer -Project charters, scope statements,
WBS (scope)
-Gantt charts, network diagrams, critical path analyses, critical chain scheduling (time)
-Cost estimates, earned value mgmt (cost)
Project Portfolio Mgmt - Answer Orgs group and manage projects as portfolio of investments
contributing to entire enterprise's success
Focus more on high risk/high payoff and low risk/low payoff
Companies excelling in project delivery capability - Answer Build integrated PM toolbox
Grow competent project leaders, emphasizing business and soft skills
Develop streamlined, consistent project delivery processes
Good set of project performance metrics
Main Project Success Factors - Answer Executive Support: provide direction and resources
and resolves issues
User Involvement: speciy what they need, psychologically more likely to use completed project
Suggested Skills for PM - Answer Be comfortable with change
Understand org they work in and with