ITPM Exam 1 Questions And Answers Graded
A+
A difference between operations and projects is that operations end when their objectives have been
reached, whereas projects do not.
a) true
b) false
FALSE
During the planning phase of a project, the project manager and team identify various project
constraints. Which of the following is NOT considered a project constraint?
a) scope
b) budget
c) stakeholder communication
d) schedule
STAKEHOLDER COMMUNICATION
Project managers work with the project sponsors to define success for particular projects.
a) true
b) false
TRUE
The only responsibility of a project manager is to meet the specific scope, time, and cost goals of a
project.
a) true
b) false
FALSE
Opponents of a project do not belong to the category of stakeholders.
a) true
b) false
FALSE
Which of the following is a difference between project management and portfolio management?
a) Project management involves making wise investment decisions whereas portfolio management
does not.
b) Project management addresses specific, short-term goals whereas portfolio management focuses
on long-term goals.
c) Portfolio management asks questions like, "Are we carrying out projects efficiently?" whereas
project management asks questions such as "Are we investing in the right areas?"
d) Portfolio management is an easy task whereas project management is a more difficult task.
Project management addresses specific, short-term goals whereas portfolio management focuses on
long-term goals.
What is the preferred way of evaluating project success?
A+
A difference between operations and projects is that operations end when their objectives have been
reached, whereas projects do not.
a) true
b) false
FALSE
During the planning phase of a project, the project manager and team identify various project
constraints. Which of the following is NOT considered a project constraint?
a) scope
b) budget
c) stakeholder communication
d) schedule
STAKEHOLDER COMMUNICATION
Project managers work with the project sponsors to define success for particular projects.
a) true
b) false
TRUE
The only responsibility of a project manager is to meet the specific scope, time, and cost goals of a
project.
a) true
b) false
FALSE
Opponents of a project do not belong to the category of stakeholders.
a) true
b) false
FALSE
Which of the following is a difference between project management and portfolio management?
a) Project management involves making wise investment decisions whereas portfolio management
does not.
b) Project management addresses specific, short-term goals whereas portfolio management focuses
on long-term goals.
c) Portfolio management asks questions like, "Are we carrying out projects efficiently?" whereas
project management asks questions such as "Are we investing in the right areas?"
d) Portfolio management is an easy task whereas project management is a more difficult task.
Project management addresses specific, short-term goals whereas portfolio management focuses on
long-term goals.
What is the preferred way of evaluating project success?
