PM Test Center

Projects and operations have similarities and differences. Which of following is true?

A. Projects are performed by teams, operations are performed by individuals
B. Projects are temporary, operations are ongoing
C. Projects are planned, operations are executed
D. Projects are limited by constraints, operations are not

Answer: B. Projects are temporary, operations are ongoing
Projects and operations are both performed by teams, are both planned, executed, and monitored and controlled, and are both limited by constraints. However, projects must have an end and operations will not.

While developing a charter, you are asked to consider enterprise environmental factors. These may include all of the following except:

A. Historical information
B. Marketplace conditions
C. Government standards
D. Industry standards

Answer: A. Historical information
Enterprise environmental factors can include government standards, industry standards, organization infrastructure, and marketplace conditions. Historical information is an organizational process asset.

You are a project manager for a new client. To help you get acclimated more quickly, she directs you to their organizational process assets in the company archives. You know that when you locate that directory, you will likely find:

A. Industry standards
B. Historical information
C. Financial data
D. Market conditions

Answer: B. Historical information
Organizational process assets typically include processes, policies, templates, and historical information. They are essential inputs and outputs for many processes.

According to PMI®, a project is a(n) __________ endeavor undertaken to create a __________ product, service, or result.

A. special, permanent
B. temporary, unique
C. approved, capable
D. organized, needed

Answer: B. temporary, unique
That definition has been associated with the term since the first version of the PMBOK®.

Which of the following organization types does the project manager have the most power?

A. Functional
B. Weak matrix
C. Strong matrix
D. Projectized

Answer: D. Projectized
Projectized organizations grants project managers with total control of their projects. That means team members report directly to the project manager. Functional organizations, conversely, provides project managers with the least amount of power since the team members report to a functional, or line of business, manager.

Which of the following is true about project phases?

A. There are always five phases: initiating, planning, executing, monitoring and controlling, and closing.
B. Phases are determined by the organization.
C. There are many ways to frame a project and no one method applies to all projects.
D. The project must have more than one phase.

Answer: C. There are many ways to frame a project and no one method applies to all projects.
There is no standard method to manage a project. Project phases may vary by industry, field and individual.

Processes in the Closing process group are:

A. Close Project or Phase, Verify Scope, Close Procurements
B. Close Project or Phase, Report Performance
C. Close Project or Phase, Close Procurements
D. Close Project or Phase, Administer Procurements

Answer: C. Close Project or Phase, Close Procurements
Close Project or Phase from the Integration knowledge area and Close Procurements from the Procurement knowledge area are the only two processes in the Closing process group.

As a project progresses, stakeholder influence, risk, and uncertainty will all:

A. Increase
B. Decrease
C. Depend on other factors
D. Stay the same

Answer: B. Decrease
Stakeholder influence, risk, and uncertainty will decrease as project progress through the life cycle. As the deliverables evolve, many more known factors will be revealed.

What term best describes the person who provides financial resources to the project?

A. Sponsor
B. Project manager
C. Customer
D. Resource manager

Answer: A. Sponsor
The sponsor is either a person or group who funds the project.

As a project progresses, the cost of making changes will:

A. Increase
B. Decrease
C. Depend on other factors
D. Stay the same

Answer: A. Increase
Making changes cost more as projects progress through the life cycle. For example, typically changing a requirement is easy during the planning stage but once a prototype has been built, changing a requirement might unravel some work already performed.