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A detailed illustration of project management elements, including Gantt charts, project timelines, team collaboration, and resource management, set against a backdrop of a modern office environment, incorporating diverse professionals engaged in project discussions.

Midterm Project Management Quiz

Test your knowledge of project management concepts with our comprehensive midterm quiz. With 55 challenging questions, this quiz will help you understand key principles, methodologies, and practices in project management.

Key Features:

55 Questions covering a wide range of topics
Multiple choice and checkbox formats
Immediate feedback on your selections

55 Questions14 MinutesCreated by PlanningPro42

Which of the following does NOT help describe a bottom up estimating approach?

A. They are made by someone who uses experience and/or information from someone else` to determine overall project cost and duration.

B. Estimates are made at the work package level and then “rolled up” to determine estimates for major deliverables and for the project itself.

C. They typically comes from the people actually doing the work and who are most knowledgeable about the task at hand.

D. They can take place after the project has been planned in detail.

E. They establish low-cost, efficient methods for completing activities.

All of the following are disadvantages of organizing projects within a matrix arrangement EXCEPT?

The salary of the project manager would be an example of what type of cost found in a project?

Which of the following cultural characteristics relates to the degree to which employees identify with the organization as a whole rather than with their type of job or field of professional expertise?

In which of the following is the balance of authority strongly in favor of the functional managers?

Which of the following is an advantage of functional project management organization?

A. Longer project duration

B. Shorter project duration

C. Balance among multiple project dimensions

D. Maximum flexibility in the use of staff

E. Good integration across functional units

Refining estimates maybe necessary for a number of reasons. For example, a manager getting further into a project and obtaining a better understanding of what he needs to be done to accomplish a project and meet the needs of the customer is an example of:

A. A changing project scope

Which of the following is true of multi-weighted scoring system?

After reviewing the project scope statement, the owner specifies that costs MUST stay within $400,000. This criterion is classified as

From the list below, which is NOT a primary characteristic of organizational culture?

_____________ organization is a hybrid form which a horizontal project management structure is “overlaid” in the normal functional hierarchy.

Which of the following is a disadvantage of a projectized organization?

Which of the following is NOT true about an organization’s strategy?

A.Strategy determines how an organization will compete

B. Project selection should be clearly aligned with strategy

C. Only top management must understand strategy

D. Strategy is implemented through projects

E. Project management plays a key role in supporting strategy

In all cases of looking for an ideal project culture, there is always the need for

A. Considerable support from all levels of management

B. More funding

C. A very strong project management office

D. Balance among multiple project dimensions

E. Both more funding and a very short strong Project Management Office

The highest element in the hierarchical breakdown of the WBS is

Governance of all project management processes and procedures help provide senior management with all of the following EXCEPT:

A. An assessment of the risk their portfolio of projects represents

B. A metric to measure the improvement of managing projects relative to others in the industry

C. A big picture of how organizational resources are being used

D. A method to ensure projects that are important to senior management are being implemented

E. An overview of all project management activities

Typically, a project sponsor is:

A. Instrumental in approving a project and key to support a project to its completion

B. Instrumental in approving a project

C. A lower-level staff member

D. Key to support a project to its completion

E. Both a lower-level staff member and instrumental in approving a project

What is the relationship between organizational culture and estimating?

A. Cultural norms affect the accuracy of estimates

B. Estimating and culture are independent

C. Culture determines whether estimates are made

D. Estimating alters cultural norms

E. There is no relationship

Which of the following cultural characteristics relates to the degree to which work activities are organized around groups rather than individuals?

In order to formulate strategies that align with the mission some of the activities the organisation will need to perform are

A. Know their core competencies

B. Assess internal strengths and weakness

C. Examine the external environment

D. Analyse competitors

E. All of these should be considered when formulating strategies

Which of the following question does the organization mission statement answers?

A. Know their core competencies

B. Assess internal strengths and weakness

C. Examine the external environment

D. Analyse competitors

E. All of these should be considered when formulating strategies

The process of forecasting or approximating the time and cost of completing projects deliverables is called:

How does someone learn more about the organizations culture?

A. Interpret stories about the organization

B. Study the physical characteristics of the organization

C. Observe how people interact within the organization

D. Read about the organization

E. All of these are examples of how someone can learn more about the organizations culture

The____________________financial model measures the current value of all cash inflows using managements minimum desired rate of return

The integration of the lowest level of the WBS with the organizational units responsible for

The________is the tool summarising the path to be accomplished and WHO is responsible for what?

Which of the following questions does the organization's mission statement answer?

A. How does we operate in the existing environment

What are our long-term strategies?

C. What are our long-term goals and objectives?

D. What do we want to become?

E. All of these are answered by the mission statement

Which of the following would be classified as an organizational external threat?

Examples of nonfinancial criteria include all of the following EXCEPT:

A. Reducing dependency on unreliable suppliers

B.Capturing a larger market share

C. Making it difficult for competitors to enter the market

D. Preventing government intervention and regulation

E. Calculating the time it will take to recover the project investment

Bill is looking at a document that outlines the specific deliverables and sub-deliverables required to complete the writing of a technical support manual. He is most likely viewing the:

Which of the following is NOT true about project management?

A. It is a set of tools

B. Many opprtunities are available for individuals interested in this career path

C. It is not limited to the private sector

D. It focuses primarily on technical processes.

E. It improves one's ability to plan, implement and manage activities to accomplish specific organizational objectives

Project selection criteria typically classified as:

When it comes to project prioritization, seniro management is responsible for:

A. Determining the priority of each project

B. Setting the course for the organization

C. Developing a culture where everyone contributes to the project success

D. All of the above

E. None of the above

All of the following are ways the WBS helps in managing projects EXCEPT:

A. As it is developed, organizational units and individuals can be assigned responsibility of work packages

B. Allows the project manager to establish the overall objective of the project.

C. With cost and time estimates the WBS makes it possible to plan , schedule and budget the project

D. It provides management and information appropriate to each level

E. Can be used to define communication channels

Which of the following activities is the best example of a project?

An operational project is one that

A. Supports as organizations long-run mission

B. Can improve organizational performance

C. Must be completed

Is only conducted in weak matrix organizations

E. Is completed to meet regulatory compliance

In order to formulate strategies that align with the mission some of the activities the organization will need to perform are:

A.Know their core competencies

B.Assess internal strengths and weaknesses

C.Examine the external environment

D. Analyze competitors

E.All of these should be considered when formulating strategies

The process of forecasting or approximating the time and cost of completing project deliverables is called

One who endorse and lends political support for the completion of a specific project is know as

If the project must be expedited to meet an earlier date which of the following action a project manager takes first.

Focus on critical path

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Midterm - Project Management

Midterm Project Management Quiz

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