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Fast tracking is an example of a tool used in _____ management.


A) time
B) quality
C) communication
D) risk

E) B) and D)
F) A) and B)

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Which of the following is a difference between low-end and midrange tools of the project management software?


A) Low-end tools are designed to handle primarily multiple users whereas midrange tools are created to handle single users.
B) Low-end tools provide robust capabilities to handle dispersed workgroups whereas midrange tools do not.
C) Midrange tools provide basic project management features whereas low-end tools offer enterprise and portfolio management functions.
D) Midrange tools are designed to handle larger projects than low-end tools.

E) A) and D)
F) B) and C)

Correct Answer

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Which of the following provides certification as a Project Management Professional?


A) PMS
B) PMC
C) PMI
D) PMP

E) C) and D)
F) A) and B)

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_____ refers to the process in which organizations group and manage projects and programs as a cluster of investments that contribute to the entire enterprise's success.

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Project po...

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Project _____ management involves defining and managing all the work required to complete the project successfully.


A) human resource
B) scope
C) time
D) cost

E) B) and D)
F) B) and C)

Correct Answer

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Martha works as a project manager at a bank. Due to certain changes in external factors, Martha needs to make a few alterations in the tactical goals of her project. In such a scenario, which of the following will best help Martha cope with the change?


A) Negotiation
B) Project environment knowledge
C) Motivation
D) Soft skills

E) B) and C)
F) All of the above

Correct Answer

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Responsibility assignment matrices and project organizational charts are examples of tools used in procurement management.

A) True
B) False

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Project managers work with the project sponsors to define success for particular projects.

A) True
B) False

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True

Opponents of a project do not belong to the category of stakeholders.

A) True
B) False

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Project procurement management primarily involves identifying stakeholder needs while managing their engagement throughout the life of the project.

A) True
B) False

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The _____ of project management includes quality, scope, time, and cost constraints.

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quadruple ...

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Which of the following is a difference between projects and operations?


A) Projects are undertaken to sustain an organization's business whereas operations are not.
B) Operations are undertaken to create unique products, services, or results whereas projects are not.
C) Projects are temporary endeavors whereas an organization's operations are ongoing in nature.
D) Operations have well-defined objectives whereas projects do not need to have a unique purpose.

E) B) and D)
F) None of the above

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C

Steve, an engineer in a construction company, is at present working on a home construction project. The home is being built for the Robinson family, the owners of the home. Steve is working with his project team and support staff to ensure the project is completed on time. In such a scenario, the project sponsor is _____.


A) Steve
B) the support staff
C) the project team
D) the Robinson family

E) A) and B)
F) None of the above

Correct Answer

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Team building exercises and motivation techniques are tools used in _____ management.


A) procurement
B) scope
C) human resource
D) cost

E) A) and B)
F) B) and D)

Correct Answer

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Which of the following is true of low-end tools of the project management software?


A) They are designed for especially large projects with multiple users.
B) Their main advantage is that they have unlimited functionality.
C) They provide basic project management features.
D) They are referred to as an enterprise project management software.

E) A) and C)
F) All of the above

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Ethics is a set of principles that guides decision making based on _____ of what is considered right and wrong.

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Resources in a project should be used effectively because they are limited.

A) True
B) False

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Effective program managers recognize that managing a project is much more complex than managing a program.

A) True
B) False

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A difference between strategic and tactical goals is that:


A) strategic goals are more specific than tactical goals.
B) tactical goals encompass broader dimensions than strategic goals.
C) tactical goals are more important for a project than strategic goals.
D) strategic goals are long-term in nature whereas tactical goals are short-term.

E) B) and D)
F) A) and D)

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Which of the following is a difference between project management and portfolio management?


A) Project management involves making wise investment decisions whereas portfolio management does not.
B) Portfolio management is an easy task whereas project management is a more difficult task.
C) Portfolio management asks questions like, "Are we carrying out projects efficiently?" whereas project management asks questions such as "Are we investing in the right areas?"
D) Project management addresses specific, short-term goals whereas portfolio management focuses on long-term goals.

E) C) and D)
F) A) and B)

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D

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