ACTUAL EXAM COMPLETE 150 QUESTIONS WITH
DETAILED VERIFIED ANSWERS / ALREADY GRADED A+
Three major reasons projects fail - ANSWER: Managerial support
Lack of organizational commitment
Communication breakdowns
Three primary activities affecting the success of a project - ANSWER: Project planning
Risk management
Communication
Project process groups - ANSWER: Initiating
Planning
Executing
Controlling
Closing
Three primary constraints (triple constraints) - ANSWER: Schedule/time
Budget/cost
Quality/technical scope
Project management elements - ANSWER: Project leadership
Project requirements
Organization options
Project team
Project planning
Opportunities and risks
Project control
Project visibility
Project status
Corrective action
What is the purpose of the project initiation? - ANSWER: To produce a charter, which
then recognizes the existence of a new project and commits resources to begin it.
Define goal - ANSWER: A state of affairs that a plan is intended to achieve
What are objectives? - ANSWER: The tangible activities, outputs and measures to
ensure you meet your goals
Objectives should be SMART. What does SMART stand for? - ANSWER: Specific
Measurable
Achievable
Realistic
, Time bound
What are the two project deliverables - ANSWER: Internal and external
Define constraints - ANSWER: Anything that restricts or dictates the actions of a
project team
What are the three primary constraints? - ANSWER: Time
Budget
Quality
Project planning is... - ANSWER: The most important phase of a project
Project planning includes: - ANSWER: Scope planning
Work breakdown structure
Define work breakdown structure - ANSWER: Divides a project into smaller and more
manageable segments and is an effective way to handle complex and lengthy
projects
What is resource planning? - ANSWER: Determines what is needed for the project,
including people, time, equipment, supplies, materials, etc and how much those
resources are needed to perform project activities
List three project management charts - ANSWER: Bar or Gantt
Milestone
Network diagrams
List three types of cost management - ANSWER: Parametric modeling
Bottom-up estimating
Analogous
Define quality planning - ANSWER: Process concerned with the targeting quality
standards that are relevant to a project and devising a plan to meet those standards
What are three costs associated with quality? - ANSWER: Preventative costs
Appraisal costs
Failure costs
What are two types of risk? - ANSWER: Inherent risk
Accountability control risk
Risk management - ANSWER: The process of identifying, quantifying, and mitigating
project risks
Three criteria used for identifying risk - ANSWER: Sensitivity
Significance