7/4/25, 10:05
PM
MBA 742 Module 1 Exam questions and answers
with complete solutions verified latest update
graded a++ 2025/2026
Terms in this set (121)
project management PMI not for profit
institute
project management pmbok
body of knowledge
____ is a temporary endeavor undertaken to
create a unique product, service, or result Must
have a beginning and end; weeks to years
Typically yield:
project, product, service, 1. _____
result 2. Capability to perform a ___
3. ____
project management ____ the application of knowledge, skills, tools, and
techniques to project activities to meet the
project requirements
program ____ a group of related projects managed in a
coordinated way to obtain benefits (and control)
not available managing them individually
PM includes but not limited to
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1. Identifying ___
requirements, 2. ___
communication,
3. Managing ___
stakeholders,
4. Balancing project ____
constraints
PM is accomplished through applying and
integrating the ___ individual PM
processes, which are categorized into
___ PM process groups which are
49, 5, initiation, planning,
execution, 1
monitoring/controlling, 2
closing
3
4
5
____ drive change in organizations: from a
projects business perspective, a project is aimed at
moving an organization from one state
(current) to another state (future/desired) in
order to achieve a specific objective or set
of objectives
Program and PM focus on doing programs and projects
portfolio the RIGHT way
____ management focuses on doing the RIGHT projects
and programs
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Benefits of standardizing PM within an organization
1. common ___
language, processes, 2. common ____
methodology, 3. single ___ and ___
training, benchmarking, 4. ___
improvement 5. continuous improvement
____ are often utilized as a means of achieving an
projects organization's strategic plan. A way to organize
activities that cannot be addressed within an
organization's normal
operational structures.
Some organization's structure projects around
___ management office
project, program, ___
excellence management
office centers
of ____
The relationship between the business
objectives and the project ___ is typically more
apparent the more ___ an organization is.
portfolio, mature
More highly mature organizations tend to have
more infrastructure support for the project
team and tend to better facilitate
communications about project priorities and
resource needs.
An ___ PM methodology provides benefits to an
organization, providing consistency across
3/29
PM
MBA 742 Module 1 Exam questions and answers
with complete solutions verified latest update
graded a++ 2025/2026
Terms in this set (121)
project management PMI not for profit
institute
project management pmbok
body of knowledge
____ is a temporary endeavor undertaken to
create a unique product, service, or result Must
have a beginning and end; weeks to years
Typically yield:
project, product, service, 1. _____
result 2. Capability to perform a ___
3. ____
project management ____ the application of knowledge, skills, tools, and
techniques to project activities to meet the
project requirements
program ____ a group of related projects managed in a
coordinated way to obtain benefits (and control)
not available managing them individually
PM includes but not limited to
1/29
,7/4/25, 10:05
PM
1. Identifying ___
requirements, 2. ___
communication,
3. Managing ___
stakeholders,
4. Balancing project ____
constraints
PM is accomplished through applying and
integrating the ___ individual PM
processes, which are categorized into
___ PM process groups which are
49, 5, initiation, planning,
execution, 1
monitoring/controlling, 2
closing
3
4
5
____ drive change in organizations: from a
projects business perspective, a project is aimed at
moving an organization from one state
(current) to another state (future/desired) in
order to achieve a specific objective or set
of objectives
Program and PM focus on doing programs and projects
portfolio the RIGHT way
____ management focuses on doing the RIGHT projects
and programs
2/29
, 7/4/25, 10:05
PM
Benefits of standardizing PM within an organization
1. common ___
language, processes, 2. common ____
methodology, 3. single ___ and ___
training, benchmarking, 4. ___
improvement 5. continuous improvement
____ are often utilized as a means of achieving an
projects organization's strategic plan. A way to organize
activities that cannot be addressed within an
organization's normal
operational structures.
Some organization's structure projects around
___ management office
project, program, ___
excellence management
office centers
of ____
The relationship between the business
objectives and the project ___ is typically more
apparent the more ___ an organization is.
portfolio, mature
More highly mature organizations tend to have
more infrastructure support for the project
team and tend to better facilitate
communications about project priorities and
resource needs.
An ___ PM methodology provides benefits to an
organization, providing consistency across
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