PROJECT+ MIS EXAM REVIEW WITH COMPLETE SOLUTION ACTUAL TEST GRADED A
1. Which of the following is a difference between projects and operations?
a. Projects are undertaken to sustain an organization's business whereas operations are not.
b. Operations are undertaken to create unique products, services, or results whereas projects are not.
c. Projects are temporary endeavors whereas an organization's operations are ongoing in nature.
d. Operations have well-defined objectives whereas projects do not need to have a unique purpose.
ANS: C
A project is "a temporary endeavor undertaken to create a unique product, service, or result."
Operations, on the other hand, is work done in organizations to sustain the business.
2. Which of the following is true of projects?
a. They have an indefinite beginning and end.
b. They have a unique purpose.
c. They are developed using regressive elaboration.
d. They are permanent in nature. ANS: B
One of the attributes of projects is that they has have a unique purpose. Every project should have a
well-defined objective.
3. The role of a _____ is to provide direction and funding for a project.
a. project sponsor
b. project manager
c. support staff member
d. project team ANS: A
Most projects have many interested parties or stakeholders, but someone must take the primary role of
sponsorship. The project sponsor usually provides the direction and funding for the project.
4. Galaxy, a construction company, buys a particular brand of tiles manufactured by Tiles and Floors, an
eco-friendly tile manufacturing company. However, Tiles and Floors has declared bankruptcy and closed
,down. At present, Galaxy is facing a crisis because there are no other manufacturers in the market that
supplies eco-friendly tiles. Which of the following constraints is Galaxy currently facing?
a. Resources
b. Time
c. Scope
d. Cost ANS: A
Every project is constrained in different ways. For some projects, resources are the main concern.
5. Steve, an engineer in a construction company, is at present working on a home construction project.
The home is being built for the Robinson family, the owners of the home. Steve is working with his
project team and support staff to ensure the project is completed on time. In such a scenario, the
project sponsor is _____.
a. Steve
b. the support staff
c. the project team
d. the Robinson family ANS: D
Stakeholders are the people involved in or affected by project activities, and include the project sponsor,
project team, support staff, customers, among others. In a home construction project, the project
sponsors would be the potential new homeowners.
6. Project _____ management involves defining and managing all the work required to complete the
project successfully.
a. human resource
b. scope
c. time
d. cost ANS: B
Project management knowledge areas describe the key competencies that project managers must
develop. Project scope management involves defining and managing all the work required to complete
the project successfully.
7. Project _____ management ensures that the project will satisfy the stated or implied needs for which
it was undertaken.
,a. cost
b. time
c. risk
d. quality ANS: D
Project management knowledge areas describe the key competencies that project managers must
develop. Project quality management ensures that the project will satisfy the stated or implied needs for
which it was undertaken.
8. Which of the following project management knowledge areas primarily involve generating, collecting,
disseminating, and storing project information?
a. Project cost management
b. Project procurement management
c. Project time management
d. Project communications management ANS: D
Project management knowledge areas describe the key competencies that project managers must
develop. Project communications management involves generating, collecting, disseminating, and
storing project information.
9. Project procurement management mainly involves:
a. making effective use of the people involved with the project.
b. buying goods and services for a project from outside the performing organization.
c. generating, collecting, disseminating, and storing project information.
d. identifying and analyzing stakeholder
needs while managing and controlling their engagement. ANS: B
Project management knowledge areas describe the key competencies that project managers must
develop. Project procurement management involves acquiring or procuring goods and services for a
project from outside the performing organization.
10. Which of the following project management knowledge areas is an overarching function that affects
and is affected by the different knowledge areas?
a. Project cost management
b. Project stakeholder management
, c. Project integration management
d. Project communications management ANS: C
Project management knowledge areas describe the key competencies that project managers must
develop. Project integration management is an overarching function that affects and is affected by all of
the other knowledge areas.
11. An important tool for project scope management is _____.
a. fast tracking
b. crashing
c. a Gantt chart
d. a work breakdown structure ANS: D
Scope management uses scope statements, work breakdown structures, statements of
work, requirements analyses, scope management plans, scope verification techniques, and scope
change controls.
12. Which of the following tools are most likely to be used in project time management?
a. Payback analysis
b. Impact matrices
c. Gantt charts
d. Fishbone diagrams ANS: C
Time management uses Gantt charts, project network diagrams, critical path analysis, crashing, fast
tracking, and schedule performance measurements.
13. Fast tracking is an example of a tool used in _____ management.
a. time
b. quality
c. communication
d. risk ANS: A
Time management tools include Gantt charts, project network diagrams, critical path analysis, crashing,
fast tracking, and schedule performance measurements.
1. Which of the following is a difference between projects and operations?
a. Projects are undertaken to sustain an organization's business whereas operations are not.
b. Operations are undertaken to create unique products, services, or results whereas projects are not.
c. Projects are temporary endeavors whereas an organization's operations are ongoing in nature.
d. Operations have well-defined objectives whereas projects do not need to have a unique purpose.
ANS: C
A project is "a temporary endeavor undertaken to create a unique product, service, or result."
Operations, on the other hand, is work done in organizations to sustain the business.
2. Which of the following is true of projects?
a. They have an indefinite beginning and end.
b. They have a unique purpose.
c. They are developed using regressive elaboration.
d. They are permanent in nature. ANS: B
One of the attributes of projects is that they has have a unique purpose. Every project should have a
well-defined objective.
3. The role of a _____ is to provide direction and funding for a project.
a. project sponsor
b. project manager
c. support staff member
d. project team ANS: A
Most projects have many interested parties or stakeholders, but someone must take the primary role of
sponsorship. The project sponsor usually provides the direction and funding for the project.
4. Galaxy, a construction company, buys a particular brand of tiles manufactured by Tiles and Floors, an
eco-friendly tile manufacturing company. However, Tiles and Floors has declared bankruptcy and closed
,down. At present, Galaxy is facing a crisis because there are no other manufacturers in the market that
supplies eco-friendly tiles. Which of the following constraints is Galaxy currently facing?
a. Resources
b. Time
c. Scope
d. Cost ANS: A
Every project is constrained in different ways. For some projects, resources are the main concern.
5. Steve, an engineer in a construction company, is at present working on a home construction project.
The home is being built for the Robinson family, the owners of the home. Steve is working with his
project team and support staff to ensure the project is completed on time. In such a scenario, the
project sponsor is _____.
a. Steve
b. the support staff
c. the project team
d. the Robinson family ANS: D
Stakeholders are the people involved in or affected by project activities, and include the project sponsor,
project team, support staff, customers, among others. In a home construction project, the project
sponsors would be the potential new homeowners.
6. Project _____ management involves defining and managing all the work required to complete the
project successfully.
a. human resource
b. scope
c. time
d. cost ANS: B
Project management knowledge areas describe the key competencies that project managers must
develop. Project scope management involves defining and managing all the work required to complete
the project successfully.
7. Project _____ management ensures that the project will satisfy the stated or implied needs for which
it was undertaken.
,a. cost
b. time
c. risk
d. quality ANS: D
Project management knowledge areas describe the key competencies that project managers must
develop. Project quality management ensures that the project will satisfy the stated or implied needs for
which it was undertaken.
8. Which of the following project management knowledge areas primarily involve generating, collecting,
disseminating, and storing project information?
a. Project cost management
b. Project procurement management
c. Project time management
d. Project communications management ANS: D
Project management knowledge areas describe the key competencies that project managers must
develop. Project communications management involves generating, collecting, disseminating, and
storing project information.
9. Project procurement management mainly involves:
a. making effective use of the people involved with the project.
b. buying goods and services for a project from outside the performing organization.
c. generating, collecting, disseminating, and storing project information.
d. identifying and analyzing stakeholder
needs while managing and controlling their engagement. ANS: B
Project management knowledge areas describe the key competencies that project managers must
develop. Project procurement management involves acquiring or procuring goods and services for a
project from outside the performing organization.
10. Which of the following project management knowledge areas is an overarching function that affects
and is affected by the different knowledge areas?
a. Project cost management
b. Project stakeholder management
, c. Project integration management
d. Project communications management ANS: C
Project management knowledge areas describe the key competencies that project managers must
develop. Project integration management is an overarching function that affects and is affected by all of
the other knowledge areas.
11. An important tool for project scope management is _____.
a. fast tracking
b. crashing
c. a Gantt chart
d. a work breakdown structure ANS: D
Scope management uses scope statements, work breakdown structures, statements of
work, requirements analyses, scope management plans, scope verification techniques, and scope
change controls.
12. Which of the following tools are most likely to be used in project time management?
a. Payback analysis
b. Impact matrices
c. Gantt charts
d. Fishbone diagrams ANS: C
Time management uses Gantt charts, project network diagrams, critical path analysis, crashing, fast
tracking, and schedule performance measurements.
13. Fast tracking is an example of a tool used in _____ management.
a. time
b. quality
c. communication
d. risk ANS: A
Time management tools include Gantt charts, project network diagrams, critical path analysis, crashing,
fast tracking, and schedule performance measurements.
