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PROJECT MANAGEMENT EXAM | 100 QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ & PASSED

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1. Approximately what percentage of the world's GDP is spent on projects? Correct Answer: • 25% 2. Which of the following is not a potential advantage of using good project management? Correct Answer: • Higher worker morale 3. A ______________ is a temporary endeavor undertaken to create a unique product, service, or result. Correct Answer: • Project 4. Which of the following is not an attribute of a project? Correct Answer: • Projects involve no uncertainty 5. Which of the following is not part of the triple constraint of project management? Correct Answer: • Meeting quality goals 6. _____________ is the application of knowledge, skills, tools and techniques to project activities to meet project requirements. Correct Answer: • Project management 7. Project portfolio management addresses ______________ goals of an organization, while project management addresses ___________ goals. Correct Answer: • Strategic, tactical 9. What is the certification program called that the Project Management Institute provides? Correct Answer: • Project Management Professional (PMP) 1. The three spheres of systems management are business, technology, and ___________. Correct Answer: • Organization 2. Which of the following is no

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PROJECT MANAGEMENT EXAM | 100
QUESTIONS & ANSWERS (VERIFIED) |
LATEST UPDATE | GRADED A+ &
PASSED




1. Approximately what percentage of the world's GDP is spent on projects?

Correct Answer: • 25%



2. Which of the following is not a potential advantage of using good project

management?

Correct Answer: • Higher worker morale



3. A ______________ is a temporary endeavor undertaken to create a unique product,

service, or result.

Correct Answer: • Project



4. Which of the following is not an attribute of a project?

Correct Answer: • Projects involve no uncertainty

,5. Which of the following is not part of the triple constraint of project management?

Correct Answer: • Meeting quality goals



6. _____________ is the application of knowledge, skills, tools and techniques to

project activities to meet project requirements.

Correct Answer: • Project management



7. Project portfolio management addresses ______________ goals of an organization,

while project management addresses ___________ goals.

Correct Answer: • Strategic, tactical



9. What is the certification program called that the Project Management Institute

provides?

Correct Answer: • Project Management Professional (PMP)



1. The three spheres of systems management are business, technology, and

___________.

Correct Answer: • Organization



2. Which of the following is not part of a SWOT analysis?

Correct Answer: • Tactics

, 3. The last step in the four-stage planning process for projects is _______________.

Correct Answer: • Resource allocation



4. It is very important to start at the top of the four-stage planning process pyramid to

select projects that support the organization's _________________.

Correct Answer: • Business strategy



5. Which of the following statements is false concerning the financial analysis of

projects?

Correct Answer: • The required rate of return is the discount rate that results in an

NPV of zero for the project.



6. 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.

Correct Answer: • Balanced scorecard



7. Which of the following is not a major benefit of grouping projects into programs?

Correct Answer: • Increasing revenues



8. The Hospital Readmission Reduction Program is an example of a(n)

_______________ from the Patient Protection and Affordable Care Act.

Correct Answer: • Directive

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