Itpm - Study guides, Class notes & Summaries
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ITPM Complete Questions with A+ Graded Answers
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ITPM Complete Questions with A+ Graded Answers 
Definition of Project (1) 
- Temporary endeavor 
- unique product, service or result. 
- A complex, non-routine, one-time effort. 
- It has a start and an end, scope, and boundaries are distinct from business as usual. 
 
 
Definition of Project Manager 
The person assigned by the performing organization to achieve the project objectives. 
 
 
Characteristics of a project 
- Established Objectives 
- Defined Scope 
- Defined Life Span 
- Requires c...
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ITPM Exam Questions with 100% Correct Answers
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ITPM Exam Questions with 100% Correct 
Answers 
b. 25 percent - answer1. Approximately what percentage of the world's gross domestic 
product is spent on projects? 
a. 10 percent 
b. 25 percent 
c. 50 percent 
d. 75 percent 
c. Lower cost of capital - answer2. Which of the following is not a potential advantage of 
using good project management? 
a. Shorter development times 
b. Higher worker morale 
c. Lower cost of capital 
d. Higher profit margins 
c. project - answer3. A ___ is a temporary ...
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ITPM 451 Midterm Exam Chapter 1-4, ERP 7-8 with Correct Answers
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ITPM 451 Midterm Exam Chapter 1-4, ERP 7-8 with Correct Answers ITPM 451 Midterm Exam Chapter 1-4, ERP 7-8 with Correct Answers ITPM 451 Midterm Exam Chapter 1-4, ERP 7-8 with Correct Answers ITPM 451 Midterm Exam Chapter 1-4, ERP 7-8 with Correct Answers ITPM 451 Midterm Exam Chapter 1-4, ERP 7-8 with Correct Answers ITPM 451 Midterm Exam Chapter 1-4, ERP 7-8 with Correct Answers ITPM 451 Midterm Exam Chapter 1-4, ERP 7-8 with Correct Answers ITPM 451 Midterm Exam Chapter 1-4, ERP 7-8 with Corr...
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ITPM Final Exam Questions And Answers 100% Verified 2024
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ITPM Final Exam Questions And Answers 
100% Verified 2024 
What are the attributes of a project? - answerTime frame 
Purpose 
Ownership 
Resources 
Roles 
Risks / Assumptions 
Interdependent tasks 
Organizational change 
Operating in enviro bigger than project 
Describe the different roles and skill sets needed for a project. - answerMay include: 
Project manager 
Project sponsor 
Subject Matter Expert 
(Knowledge) 
Technical Expert 
(Technical skill) 
What are the benefits to using a project ma...
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ITPM Complete Questions with 100% Correct Answers
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ITPM Complete Questions with 100% Correct Answers 
b. 25 percent 
1. Approximately what percentage of the world's gross domestic product is spent on projects? 
a. 10 percent 
b. 25 percent 
c. 50 percent 
d. 75 percent 
 
 
c. Lower cost of capital 
2. Which of the following is not a potential advantage of using good project management? 
a. Shorter development times 
b. Higher worker morale 
c. Lower cost of capital 
d. Higher profit margins 
 
 
c. project 
3. A ___ is a temporary endeavor und...
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ITPM Final UPDATED Exam Questions and CORRECT Answers
- Exam (elaborations) • 17 pages • 2024
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ITPM Final UPDATED Exam Questions and 
CORRECT Answers 
What are the attributes of a project? - Correct ANSWER- Time frame 
Purpose 
Ownership 
Resources 
Roles 
Risks / Assumptions 
Interdependent tasks 
Organizational change 
Operating in enviro bigger than project
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ITPM Chapters 1-3 Exam Questions and Answers 100% Pass
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ITPM Chapters 1-3 Exam Questions and 
Answers 100% Pass 
Project - Correct Answer ️️ -A temporary endeavor undertaken to create a unique 
product, service or result. 
Operations - Correct Answer ️️ -Work done in organizations to sustain the business. 
Project Sponsor - Correct Answer ️️ -Usually provides the direction and funding for the 
project. 
Project Manager - Correct Answer ️️ -Work with the project sponsors, the project team 
and all other stakeholders in the project. 
Tr...
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ITPM Final Questions with verified correct answers - complete solution 2024.
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ITPM Final Questions with verified correct answers - complete solution 2024.
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ITPM HF-Fragen Exam Questions And Answers 100% Verified 2024
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ITPM HF-Fragen Exam Questions And 
Answers 100% Verified 2024 
Figure out the impact on the scope of the work and the cost before you write up the change 
request - answerA team member approaches you with a change that could cut your schedule 
down by a month. What is the first thing you should do? 
A. Make the change; it's going to save time and nobody will want the project to take longer than 
it should. 
B. Write up a change request and see if you can get it approved. 
C. Tell the team membe...
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ITPM Chapter 12 Complete Questions with 100% Correct Answers
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ITPM Chapter 12 Complete Questions with 100% Correct Answers 
Many private companies use the term procurement instead of purchasing. 
False 
 
 
The cost savings and use of offshore resources lower inflation, increase productivity, and lower interest rates. 
True 
 
 
Most people view offshore outsourcing as being good. 
False 
 
 
Many companies are realizing that they can use offshore outsourcing and create more jobs at home. 
True 
 
 
Few organizations use some form of outsourcing to meet th...
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