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Exam (elaborations)

WGU C783 PROJECT MANAGEMENT UNIT 2 PROJECT MANAGEMENT CONCEPTS QUIZ

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Question 1 of 18Points: 10 out of 10 Projects are important to organizations because they provide organizations with the opportunity to: Complete the on-going, daily activities that produce revenue and expenses Create or improve products and services Provide managers with a clear direction Provide work opportunities to employees Question 2 of 18Points: 10 out of 10 ____________ are temporary endeavors with a specified start and end date that exist to develop a unique product, service, or result. Operations Project managers Projects PMBOKs Question 3 of 18Points: 10 out of 10 ____________ are the on-going, daily activities of an organization that produces revenue and expense. Operations Project charters PMBOKs Projects Question 4 of 18Points: 10 out of 10 From the following list, select the item that is an example of a product that a project creates. Hiring temporary staff Buildings Delivering merchandise Teaching employees Question 5 of 18Points:10 out of 10 A _____________ represents an important business need or issue and provides an opportunity for others to create an appropriate, valuable solution. Business Project sponsor Project charter Project objective Question 6 of 18Points: 10 out of 10 From the following list, select the item that is not a product that a project creates. Restaurant Flu vaccine Computer Filing documents Question 7 of 18Points: 10 out of 10 ____________ consists of the activities, methods, tactics, etc. that will be employed to meet business goals. Customer retention A business strategy The project lifecycle PMBOKs Question 8 of 18Points: 10 out of 10 A project is successful if it meets the triple constraints of scope, ________, and budget. Initiating Schedule Planning Closing Question 9 of 18Points: 10 out of 10 Strategy is determined by ____________ in the organization to improve the value of the company. Front line managers Senior management Customers Stakeholders Question 10 of 18Points: 10 out of 10 A ____________ is a group of related programs which support a long term company goal or objective. Portfolio Project Project charters Program Question 11 of 18Points: 10 out of 10 A ____________ is an activity or group of activities to generate a new, unique product, service, or results to support a program. Project Project charter PMI Portfolio Question 12 of 18Points: 10 out of 10 A ____________ is a group of related projects. Project charter Portfolio Program PMI Question 13 of 18Points: 10 out of 10 The Project Management Institute defines ____________ as “the application of knowledge, skills, tools and techniques to project activities.” Project management PMBOKs Project managers Operations Question 14 of 18Points: 10 out of 10 Project objectives should be ____________, measurable, attainable, relevant, and timely. Specific Inaccessible General Flexible Question 15 of 18Points: 10 out of 10 Which of the following is a challenge to effective project management? The company has a clear strategy and refuses to deviate from it. Lack of clear and direct strategic alignment with the specific project. There are no consistent project management standards. There aren’t any online tools available to help in project documentation. Question 16 of 18Points: 10 out of 10 “Fill in the blank” question: select the correct answer. Project objectives should be Specific , measurable, attainable, relevant, and timely. Question 17 of 18Points: 10 out of 10 Which of the following is a key project management motivator? Shifting organizational priorities SMART project objectives Conflict resolution Achievement of business results Question 18 of 18Points: 10 out of 10 Every ____________ and project manager should be aware of the impact of project management challenges and anticipate how to avoid them in order to ensure the success of their projects. Project sponsor Project charter Customer PMBOK

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