PMBOK® 6th Edition: Project Management Overview

Question 1 of 25

1

In the acronym PMBOK, what does BOK stand for?

Select one of the following:

Bored of Knowing
Beginning of Knowledge
Body of Knowledge
Beginner on Knowing

Explanation

Question 2 of 25

1

Project management standards in the PMBOK Guide come from _____.

Select one of the following:

ANSI
OSHA
NIST
SUASB

Explanation

Question 3 of 25

1

What does the PMBOK Guide help to define?

Select one of the following:

Professional conduct guidelines
All of these answers
Ethical guidelines
Common vocabulary

Explanation

Question 4 of 25

1

What does PMI define project management as?

Select one of the following:

Industry-specific skills, tools, and techniques to manage an industry project
The application of knowledge, skills, tools, and techniques to project activities to meet the project requirements
A lightweight process framework that embraces iterative and incremental practices to complete a project
Initiation, planning, execution, execution, control, and closeout of a project

Explanation

Question 5 of 25

1

What is a key benefit of project management?

Select one of the following:

All of these answers
Meeting business objectives and goals
Addressing stakeholder needs
Resolving issues sooner

Explanation

Question 6 of 25

1

A _____ is a temporary endeavor undertaken to create a unique product, service, or result.

Select one of the following:

Goal
Deadline
Project
Standard

Explanation

Question 7 of 25

1

What is a legitimate sign of project completion?

Select one of the following:

Objectives being met
Termination for legal reasons
The early ending of a project
All of these answers

Explanation

Question 8 of 25

1

What is the difference between programs and portfolios?

Select one of the following:

A program is a group of related projects managed in a coordinated way to obtain benefits that would not be available from managing them separately. Portfolios are projects, programs, and operations managed as a group to achieve strategic objectives.
Programs are projects that are established by the PMO office, while portfolios are established by the C-suite officers in coordination with the company’s board of directors.
A portfolio is a group of related projects managed in a coordinated way to obtain benefits that would not be available from managing them separately. Programs are projects, programs, and operations managed as a group to achieve strategic objectives.
Programs are unrelated projects managed together to obtain strategic value. Portfolios are related programs managed to obtain benefits that would benefit from being managed as a group.

Explanation

Question 9 of 25

1

What is the main purpose of projects?

Select one of the following:

To increase funding sources
To drive change in an organization
To increase efficiency
To spark creativity

Explanation

Question 10 of 25

1

_____ is the benefit derived from projects for a business venture.

Select one of the following:

Business improvement
Business value
Business benefit
Process change

Explanation

Question 11 of 25

1

Brand recognition, reputation, goodwill, and trademarks are examples of _____.

Select one of the following:

things that don’t impact business success
tangible elements
intangible elements
ways to improve revenue

Explanation

Question 12 of 25

1

By definition, projects are _____.

Select one of the following:

unique and haven’t been done before
challenging and large
complex and guarantee business growth
made up of several services

Explanation

Question 13 of 25

1

_____ are managed in a coordinated manner to obtain benefits not available from managing them
individually.

Select one of the following:

Projects
Portfolios
Program groups
Programs

Explanation

Question 14 of 25

1

Managing risks, interdependencies, constraints, and issues that may arise from a large undertaking is
called _____.

Select one of the following:

product management
program management
portfolio management
project management

Explanation

Question 15 of 25

1

Portfolio management is the _____ management of one or more portfolios to achieve strategic
objectives.

Select one of the following:

collated
diversified
centralized
decentralized

Explanation

Question 16 of 25

1

If you visualized projects, programs, and portfolios as a vertical hierarchy, which would be at the
top, encompassing the others?

Select one of the following:

Projects
Programs
Portfolios
None of these answers

Explanation

Question 17 of 25

1

_____ takes into account the relationships between many facets, including strategy, portfolio,
programs and projects, and operations.

Select one of the following:

Organizational project management (OPM)
Operational project management (OPM)
Oppositional project management (OPM)
Operational program management (OPM)

Explanation

Question 18 of 25

1

Why might a project be initiated?

Select one of the following:

To satisfy stakeholder needs
To implement a technological strategy
To create, improve, or fix a product
All of these answers

Explanation

Question 19 of 25

1

What is characteristic of a project?

Select one of the following:

It is unique (it’s never been done before).
It’s temporary and has a start and end date.
It delivers a product, service, or result.
All of these answers

Explanation

Question 20 of 25

1

A _____ is when you manage a group of projects or subprograms together to reap some benefit that
you wouldn’t ordinarily get by managing them individually.

Select one of the following:

portfolio
project
program
all of these answers

Explanation

Question 21 of 25

1

True or False: A portfolio includes projects, programs, subportfolios, and operations that are managed
to achieve strategic objectives.

Select one of the following:

True
False

Explanation

Question 22 of 25

1

_____ is the centralized management of one or more portfolios to achieve strategic objectives and it
focuses on doing the right programs and projects.

Select one of the following:

Portfolio management
Operations management
Program management
Project management

Explanation

Question 23 of 25

1

What is the chief objective of portfolio management?

Select one of the following:

To guide organizations in making sound investment decisions
To ensure programs and projects align with business objectives,
To ensure proper allocation of resources to achieve the desired return on the investment
All of these answers

Explanation

Question 24 of 25

1

True or False: The high-level portfolio is comprised of all the projects, programs, sub-portfolios, and
operations that are below it.

Select one of the following:

True
False

Explanation

Question 25 of 25

1

True or False: Operations and project management never intersect during the product life cycle.

Select one of the following:

True
False

	Created by Adam Odd over 6 years ago

Project Management Professional (PMP)® (2018) | Chapter 1

PMBOK® 6th Edition: Project Management Overview

Question 1 of 25

In the acronym PMBOK, what does BOK stand for?

Select one of the following:

Explanation

Question 2 of 25

Project management standards in the PMBOK Guide come from _____.

Select one of the following:

Explanation

Question 3 of 25

What does the PMBOK Guide help to define?

Select one of the following:

Explanation

Question 4 of 25

What does PMI define project management as?

Select one of the following:

Explanation

Question 5 of 25

What is a key benefit of project management?

Select one of the following:

Explanation

Question 6 of 25

A _____ is a temporary endeavor undertaken to create a unique product, service, or result.

Select one of the following:

Explanation

Question 7 of 25

What is a legitimate sign of project completion?

Select one of the following:

Explanation

Question 8 of 25

What is the difference between programs and portfolios?

Select one of the following:

Explanation

Question 9 of 25

What is the main purpose of projects?

Select one of the following:

Explanation

Question 10 of 25

_____ is the benefit derived from projects for a business venture.

Select one of the following:

Explanation

Question 11 of 25

Brand recognition, reputation, goodwill, and trademarks are examples of _____.

Select one of the following:

Explanation

Question 12 of 25

By definition, projects are _____.

Select one of the following:

Explanation

Question 13 of 25

_____ are managed in a coordinated manner to obtain benefits not available from managing them individually.

Select one of the following:

Explanation

Question 14 of 25

Managing risks, interdependencies, constraints, and issues that may arise from a large undertaking is called _____.

Select one of the following:

Explanation

Question 15 of 25

Portfolio management is the _____ management of one or more portfolios to achieve strategic objectives.

Select one of the following:

Explanation

Question 16 of 25

If you visualized projects, programs, and portfolios as a vertical hierarchy, which would be at the top, encompassing the others?

Select one of the following:

Explanation

Question 17 of 25

_____ takes into account the relationships between many facets, including strategy, portfolio, programs and projects, and operations.

Select one of the following:

Explanation

Question 18 of 25

Why might a project be initiated?

Select one of the following:

Explanation

Question 19 of 25

What is characteristic of a project?

Select one of the following:

Explanation

Question 20 of 25

A _____ is when you manage a group of projects or subprograms together to reap some benefit that you wouldn’t ordinarily get by managing them individually.

_____ are managed in a coordinated manner to obtain benefits not available from managing them
individually.

Managing risks, interdependencies, constraints, and issues that may arise from a large undertaking is
called _____.

Portfolio management is the _____ management of one or more portfolios to achieve strategic
objectives.

If you visualized projects, programs, and portfolios as a vertical hierarchy, which would be at the
top, encompassing the others?

_____ takes into account the relationships between many facets, including strategy, portfolio,
programs and projects, and operations.

A _____ is when you manage a group of projects or subprograms together to reap some benefit that
you wouldn’t ordinarily get by managing them individually.

True or False: A portfolio includes projects, programs, subportfolios, and operations that are managed
to achieve strategic objectives.

_____ is the centralized management of one or more portfolios to achieve strategic objectives and it
focuses on doing the right programs and projects.

True or False: The high-level portfolio is comprised of all the projects, programs, sub-portfolios, and
operations that are below it.