KHSS-173 Questions With Complete Solutions
2025
a _______ is a time-phased budget that project
managers use to measure and monitor cost performance
- .....ANSWER ...✔✔ cost baseline
In which of the five project management process groups
is the most time and money spent? - .....ANSWER
...✔✔ executing
in which of the five project management proceed groups
are activities performed that relate to each knowledge
area - .....ANSWER ...✔✔ planning
the alpha project managers spend more time on every
process group than other project managers each which
one - .....ANSWER ...✔✔ executing
what document provides justification for investing in a
project - .....ANSWER ...✔✔ business case
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what document formally recognizes the existance of a
project and provides direction on the projects objectives
and management - .....ANSWER ...✔✔ project charter
what is a crucial part of the project charter a section in
which key project stakeholders acknowledge and agree
on the need for the project - .....ANSWER ...✔✔ sign
off
what project document should not be available to all
key project stakeholders due to its sensitive nature -
.....ANSWER ...✔✔ stakeholder analysis
all project meetings with major stakeholdres should
include _____ - .....ANSWER ...✔✔ an agenda
prepping a stakeholder register and performing a
stakeholder analysis are part of which knowledge area
- .....ANSWER ...✔✔ project stakeholder management
which of the following is reccomended in this text but not
an outpost of initiating in the PMBOK - .....ANSWER
...✔✔ none of the above
,3|Page
WHat percentage of the worlds GDP is spent on project
management? - .....ANSWER ...✔✔ 25%
What is not an advantage of using good project
management? - .....ANSWER ...✔✔ higher profit
margins
what is not an attribute of a project - .....ANSWER
...✔✔ they involve no uncertainity
project portfolio management addresses ____ goals
while project management addresses _____ goals -
.....ANSWER ...✔✔ strategic and tactical
what is the most significant characteristic of an effective
project manager? - .....ANSWER ...✔✔ leads by
example
project management process groups - .....ANSWER
...✔✔ initiating, planning, monitoring and controlling,
and closing
triple constraint - .....ANSWER ...✔✔ time, scope, and
cost
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SWOT analysis - .....ANSWER ...✔✔ Strengths,
weaknesses, opportunities, threats
the four stage planning process for projects -
.....ANSWER ...✔✔ strategic planning, business area
analysis, project planning, business analysis
its important to select projects that support the
company's _______ - .....ANSWER ...✔✔ business
strategy
A ____ is a methodology that converts and
organizations value drivers into a series of defined
metrics - .....ANSWER ...✔✔ balanced scorecard
what is not a major benefit of grouping projects into
programs? - .....ANSWER ...✔✔ increasing revenues
the goal of project portfolio management is to help
maximize business value to ensure _____ - .....ANSWER
...✔✔ enterprise success