22085735
Description
Quiz by Leah D'Souza, updated more than 1 year ago
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Created by Leah D'Souza
over 4 years ago
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Question 1
Question
Even though a company might work on similar projects over and over again, such as building houses, providing training courses or developing specific types of products, there are unique challenges because all projects involve _________
Answer
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Progressive elaboration
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People
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Uncertainty
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Competition
Question 2
Question
Which of following is a difference between projects and operations?
Answer
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Operations have well defined objectives whereas projects do not need to have a unique purpose
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Operations are undertaken to create unique products, services or results whereas projects are not
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Projects are temporary endevours, whereas an organization's operations are ongoing in nature
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Projects are undertaken to sustain an organization's business whereas operations are not
Question 3
Question
In which of the five project management process groups is the most time and money usually spent?
Answer
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Initiating
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Planning
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Execution
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Monitoring and controlling
Question 4
Question
Project Management is compromised of ________________,______________________
and _____________________
Answer
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A set of skills .... an information system.... a methodology
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Knowledge..... applications... processes
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A set of skills.... a suite of tools... a series of processes
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A set of tools...a methodology.... a team
Question 5
Question
Managers__________ while leaders _____________.
Answer
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Maintain ... develop
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administrate... focus on people
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do paperwork .... innovate
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do things right ..... constrain
Question 6
Question
Main goal for a Project Portfolio is to _______________
Answer
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balance project budgets
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do the right project at the right time
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assign resources to projects
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Execute projects
Question 7
Question
The balanced scorecard that focuses on the organization as being a great place to work is called?
Answer
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Process
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People and learning
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Customers
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Financial stewardship
Question 8
Question
One of the typical goals for a PMO is __________
Answer
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Balance project budget
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execute projects
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optimize resources utilization
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develop project methodologies
Question 9
Question
You are reviewing 4 project. Based on the NPV, which project would be the best choice?
Image:
Image (binary/octet-stream)
Answer
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Project C, C
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