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Questions on Project Management Fundamentals

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Questions on Project Management Fundamentals

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Questions

  1. Which of these is not one of the constraints of a project?
    1. Scope
    2. Resources
    3. Team
    4. Budget
    CORRECT: c. Projects constraints are - Scope, Resources, Quality, Schedule, Budget and Risk
  2. Which of the following is not correct about initial phase of a project?
    1. The cost associated at the beginning of the project is highest.
    2. Stakeholders have maximum influence during this phase
    3. The highest uncertainty is at this stage of the project.
    4. All the above statements are correct.
    CORRECT: a. There is minimum requirement of personnel and hence minimum cost at the project initiation stage.
  3. At which stage, does a typical project has maximum cost?
    1. Initial stage
    2. Middle stage
    3. Final stage
    4. Cost is same at all stages.
    CORRECT: b. In the middle stages, the resources and cost usage is maximum.
  4. At which stage, in a typical project do stakeholders have maximum influence?
    1. Initial stage
    2. Middle stage
    3. Final stage
    4. Shareholders have similar influence at all stages.
    CORRECT: a. It is easy to make changes to project goals and approach at the initial stage. Stake holders have maximum influence at this stage.
  5. You are the Project Managers of XYZ consultants. The Project team members are from Finance and HR departments. The team members report to Finance and HR Managers respectively, and you have limited control over them. What type of organizational hierarchy does XYZ consultants follow?
    1. Matrix organization
    2. Projectized organization
    3. Functional organization
    4. None of these.
    CORRECT: c. The team members report to Functional Managers.
  6. The Project Managers have maximum authority in which type of organization?
    1. Weak Matrix organization
    2. Balanced Matrix organization
    3. Strong Matrix
    4. Project Managers have same authority in the three types of organizations.
    CORRECT: c. In strong matrix organization, Project Managers have more authority.
  7. Which organization is closest to Functional organization?
    1. Weak Matrix organization
    2. Balanced Matrix organization
    3. Strong Matrix
    4. Projectized organization
    CORRECT: a. Weak matrix organizations have a similar characteristics to Functional organizations.
  8. Which of the following is not a project?
    1. Running an election campaign for a political candidate.
    2. Building a bridge over a river.
    3. Pilot aircraft for a United flight.
    4. Writing a book on Project Management.
    CORRECT: c. Projects must be a unique endeavor. Piloting a flight is a regular day-today operation, and not a project.
  9. There are two processes in the initiating process group. These are part of which knowledge area?
    1. Project Cost Management
    2. Project Scope Management
    3. Project Time Management
    4. Project Integration Management
    CORRECT: d. The two processes Develop Project Charter, and Develop Project Scope statement are part of project integration management knowledge area.
  10. Which of the following is a project?
    1. Sending a weekly status report
    2. Improving the roads of Rio de Janeiro for 2016 Olympics
    3. Getting ready for office every day
    4. Selling toys in a toy store
    CORRECT: b. Other operations are ongoing operations and not projects.
You have answered  of 10 questions correctly.

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