Chapter 1-3 PMBOK 5th edition - Test #1. All Questions and answers. With rationales. 100% verified

Chapter 1-3 PMBOK 5th edition - Test #1. All Questions and answers. With rationales. 100% verified. A product feasibility study was conducted for a new sewing machine. Which of the following is least likely to be true? A The organization treated the feasibility study as routine pre-project work. B The organization did a cost-benefit analysis without a SWOT analysis. C The feasibility study was run like a stand-alone project. D The organization handled the feasibility study as the first phase of the project. - Choices A, C and D are all options for structuring feasibility studies. Organizations may treat feasibility studies as routine pre-project work, as the first phase of the project, or like a stand-alone project based on the needs of the individual project. PMBOK® 2.4.2, pg 42 Which project group comprises the largest number of active participants? A Project stakeholders B Project management team C Project team D Project sponsor - Choices B, C and D are each a subset of project stakeholders (Choice A). Therefore, project stakeholders is the largest group as it includes all stakeholders internal and external to the organization, as well as the entire project team. In addition, you will mange the project so well that your stakeholders will indeed be active participants. PMBOK® 2.2.1, pgs 30-31 What is NOT true of project life cycle phases? A They are generally sequential B They cannot overlap C They define what deliverables are produced D They involve handoffs to other phases - Project phases typically are completed sequentially, but CAN overlap in some project situations; therefore, Choice B is the correct answer because it is false. PMBOK® 2.4.2, pg 41 A collection of projects or programs and other work that are grouped together is a definition of: A A program. B A project. C A portfolio. D A strategy. - A portfolio refers to projects, programs, subportfolios, and operations managed as a group to achieve strategic objectives. PMBOK® 1.4.2, pg 9 Shonari's work area assembled hundreds of circuit boards according to weekly plans and schedules. Next month, the assembly area will be closed down since the boards will be discontinued. As she thinks about preparing for the shutdown, she determines that her project is moving into the closing phase. Is Shonari correct? A No, because her team will be producing circuit boards up until the final day. B Yes, because she is now planning the closing of her area. C Yes, because the plans and schedules will be ending next month. D No, because assembling circuit boards is an on-going work activity. Closing down the assembly area is a project in and of itself. - The correct answer is Choice D. Making the boards was operational work, not project work. Shonari doesn't have a project yet, but she needs to develop one for the closing of the assembly area. Ongoing operations are outside of the scope of a project; however, there are intersecting points where the two areas cross. One such point is at the end of a product lifecycle, in this case, the boards. PMBOK® 1.5.1, pgs 12-13 What is the term for people actively involved in the project, or whose interests may be affected as a result of project execution or project completion? A Impacted B Team members C Environmentalists D Stakeholders - Stakeholders (Choice D) include all members of the project team as well as all interested entities that are internal or external to the organization. The project team identifies internal and external, positive and negative, and performing and advising stakeholders in order to determine the project requirements and the expectations of all parties. PMBOK® 2.2.1, 30 What type of organizational structure has both departmental and cross-functional projects? A Composite matrix B Strong matrix C Weak matrix D Balanced matrix - A composite organization (Choice A) involves all types of organizational structures at various levels. PMBOK® 2.1.3, pg 25 Which of the following is an organizational process asset category? A Internal B Corporate knowledge base C Lessons learned D PMBOK® Guide base - Choice A isn't one of the two categories, and Choice D is not a PMBOK® term. Choice C, lessons learned, is an organizational process asset (OPA), but the question is asking about categories of OPAs, not about OPAs themselves. Choice B is the correct answer. Organizational process assets may be grouped into two categories: 1) processes and procedures, and 2) corporate knowledge base. PMBOK® 2.1.4, pgs 27-28 Those processes required to establish the scope of the project are part of the: A Executing Process Group. B Initiating Process Group. C Planning Process Group. D Monitoring and Controlling Process Group. - The Planning Process Group (Choice C) has those processes required to establish the scope of the project, refine the objectives, and define the course of action required to attain the objectives that the project was undertaken to achieve. PMBOK® 3, pg 49 What is a kill point? A A project team bonus for hard work (term borrowed from software gaming) B An opportune time to remove a weak team member C A phase end D An abrupt exit from a software application - The closure of a phase ends with some form of transfer or hand-off of the work product. This point may be referred to as a stage gate, milestone, phase review, phase gate or kill point. PMBOK® 2.4.2, pg 41 Is a "research project" really a project? A Yes, because it creates a unique result. B No, because research results are intangible. C No, because it uses previous research; therefore, it has no definite beginning. D Yes, because it produces documents. - Choice A is the correct answer. Every project creates a unique product, service, or result. A project can create a result, such as an outcome or document (e.g., a research project that develops knowledge that can be used to determine whether a trend exists or a new process will benefit society). PMBOK® 1.2, pg 3 Which of the following is NOT an example of a project? A Changing the staffing in an organization B Producing automobiles in a factory C Modifying an information system D Constructing a new building - Choices A, C and D are all examples of projects since they have a definite beginning and end. Producing automobiles is a continuous operation, so it is not considered a project. PMBOK® 1.2, pgs 3-4 In what type of organization structure is the control of the project budget shared between project and functional managers? A Functional B Projectized C Weak matrix D Balanced matrix - While the balanced matrix organization (Choice D) recognizes the need for a project manager, it does not provide the project manager with the full authority over the project and project funding. PMBOK® 2.1.3, pg 23 Which of the following addresses typical cost and staffing levels of the generic life cycle structure? A Cost and staffing levels are high during planning and execution, and start to taper off when project documents are archived. B Cost and staffing levels steadily rise throughout project initiation and planning, and plateau during execution and closing. C Cost and staffing levels steadily rise throughout project execution, and then drop quickly after deliverables are accepted. D Cost and staffing levels steadily rise through project initiation and organizing and preparing, plateau during execution, and then drop quickly after deliverables are accepted. - Choice D is the correct answer. The generic life cycle structure generally displays the following characteristic: cost and staffing levels are low at the start, peak as the work is carried out, and drop rapidly as the project draws to a close. PMBOK® 2.4.1, 39 Which of the following statements does NOT describe PMBOK®? A The knowledge described should be applied uniformly to all projects B It is neither complete nor all inclusive C It is a guide rather than a methodology D It provides and promotes a common vocabulary - Good practice does not mean that the knowledge described should always be applied uniformly to all projects, making Choice A the correct answer because it is false. PMBOK® 1.1, pg 2 The PMBOK® should be applied __________. A Uniformly on every project B Only if supported by the project sponsor C To most projects, most of the time D Only when absolutely necessary - PMBOK® is generally recognized as good practice. "Generally recognized" means the knowledge and practices described are applicable to most projects most of the time (Choice C), and there is consensus about their value and usefulness. PMBOK® 1.1, pg 2 Which Project Management Process Group defines and authorizes the project? A Planning B Monitoring and Controlling C Initiating D Executing - The Initiating Process Group (Choice C) has those processes performed to define a new project or a new phase of an existing project by obtaining