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Question 1 of 30
1. Question
You are a distributor of certain type of products and have been contacted by ABC company as they require your products to work on. This makes you a stakeholder in ABC. Which among the following describe your role as a stakeholder?
Correct
Sellers, also called vendors, suppliers, or contractors, are external companies that enter into a contractual agreement to provide components or services necessary for the project.
Incorrect
Sellers, also called vendors, suppliers, or contractors, are external companies that enter into a contractual agreement to provide components or services necessary for the project.
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Question 2 of 30
2. Question
Which among the following describes the role of a customer as a stakeholder?
Correct
Customers are the persons or organizations who will approve and manage the project’s product, service, or result. Users are the persons or organizations who will use the project’s product, service, or result. Customers and users may be internal or external to the performing organization and may also exist in multiple layers.
Incorrect
Customers are the persons or organizations who will approve and manage the project’s product, service, or result. Users are the persons or organizations who will use the project’s product, service, or result. Customers and users may be internal or external to the performing organization and may also exist in multiple layers.
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Question 3 of 30
3. Question
Which among the following describes the role of organizational groups as stakeholders?
Correct
Organizational groups are internal stakeholders who are affected by the activities of the project team. Examples of various business elements of an organization that may be affected by the project include marketing and sales, human resources, legal, finance, operations, manufacturing, and customer service. These groups support the business environment where projects are executed, and are therefore affected by the activities of the project.
Incorrect
Organizational groups are internal stakeholders who are affected by the activities of the project team. Examples of various business elements of an organization that may be affected by the project include marketing and sales, human resources, legal, finance, operations, manufacturing, and customer service. These groups support the business environment where projects are executed, and are therefore affected by the activities of the project.
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Question 4 of 30
4. Question
You are a consultant by profession. You have been recently contacted by ABC company to provide consultation on one of their profession. This makes you a stakeholder in ABC. Which type of stakeholder are you in ABC?
Correct
Additional stakeholders, such as procurement entities, financial institutions, government regulators, subject matter experts, consultants, and others, may have a financial interest in the project, contribute inputs to the project, or have an interest in the outcome of the project.
Incorrect
Additional stakeholders, such as procurement entities, financial institutions, government regulators, subject matter experts, consultants, and others, may have a financial interest in the project, contribute inputs to the project, or have an interest in the outcome of the project.
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Question 5 of 30
5. Question
You are working in the marketing department in your organization. You have developed a comfort level with how your organization generally participates in a project i.e. you are quite familiar with your organization’s work culture. Which among the following is not a factor which shapes an organization’s work culture?
Correct
Organizational culture is shaped by the common experiences of members of the organization and most organizations have developed unique cultures over time by practice and common usage. Common experiences include, but are not limited to:
• Shared visions, mission, values, beliefs, and expectations;
• Regulations, policies, methods, and procedures;
• Motivation and reward systems;
• Risk tolerance;
• View of leadership, hierarchy, and authority relationships;
• Code of conduct, work ethic, and work hours; and
• Operating environments.Incorrect
Organizational culture is shaped by the common experiences of members of the organization and most organizations have developed unique cultures over time by practice and common usage. Common experiences include, but are not limited to:
• Shared visions, mission, values, beliefs, and expectations;
• Regulations, policies, methods, and procedures;
• Motivation and reward systems;
• Risk tolerance;
• View of leadership, hierarchy, and authority relationships;
• Code of conduct, work ethic, and work hours; and
• Operating environments. -
Question 6 of 30
6. Question
An organization which has a hierarchy where each employee has one clear superior and staff members are grouped by specialty is called?
Correct
The classic functional organization has a hierarchy where each employee has one clear superior. Staff members are grouped by specialty, such as production, marketing, engineering, and accounting at the top level. Specialties may be further subdivided into focused functional units, such as mechanical and electrical engineering. Each department in a functional organization will do its project work independently of other departments.
Incorrect
The classic functional organization has a hierarchy where each employee has one clear superior. Staff members are grouped by specialty, such as production, marketing, engineering, and accounting at the top level. Specialties may be further subdivided into focused functional units, such as mechanical and electrical engineering. Each department in a functional organization will do its project work independently of other departments.
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Question 7 of 30
7. Question
You are the finance head in your organization. You have observed some fallacy in the organization’s funds. You have decided to implement financial control procedures for various departments in the organization. Which among the following fall under financial control procedures?
Correct
Executing, Monitoring and Controlling:
○ Change control procedures, including the steps by which performing organization standards, policies, plans, and procedures or any project documents will be modified, and how any changes will be approved and validated;
○ Financial controls procedures (e.g., time reporting, required expenditure and disbursement reviews, accounting codes, and standard contract provisions);
○ Issue and defect management procedures defining issue and defect controls, issue and defect identification and resolution, and action item tracking;Incorrect
Executing, Monitoring and Controlling:
○ Change control procedures, including the steps by which performing organization standards, policies, plans, and procedures or any project documents will be modified, and how any changes will be approved and validated;
○ Financial controls procedures (e.g., time reporting, required expenditure and disbursement reviews, accounting codes, and standard contract provisions);
○ Issue and defect management procedures defining issue and defect controls, issue and defect identification and resolution, and action item tracking; -
Question 8 of 30
8. Question
You are working in an organization which have full-time project managers with considerable authority and full-time project administrative staff. Such an organization is called?
Correct
Matrix organizations reflect a blend of functional and projectized characteristics. Matrix organizations can be classified as weak, balanced, or strong depending on the relative level of power and influence between functional and project managers. Strong matrix organizations have many of the characteristics of the projectized organization, and have full-time project managers with considerable authority and full-time project administrative staff.
Incorrect
Matrix organizations reflect a blend of functional and projectized characteristics. Matrix organizations can be classified as weak, balanced, or strong depending on the relative level of power and influence between functional and project managers. Strong matrix organizations have many of the characteristics of the projectized organization, and have full-time project managers with considerable authority and full-time project administrative staff.
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Question 9 of 30
9. Question
You are a analyst in your organization and have the access to the organization’s knowledge base. Which among the following you will not find in historical information and lessons learned knowledge bases?
Correct
The organizational knowledge base for storing and retrieving information includes, but is not limited to:
• Configuration management knowledge bases
• Financial databases
• Historical information and lessons learned knowledge bases (e.g., project records and documents, all project closure information and documentation, information regarding both the results of previous project selection decisions and previous project performance information, and information from risk management activities)
• Issue and defect management databases
• Process measurement databases
• Project files from previous projectsIncorrect
The organizational knowledge base for storing and retrieving information includes, but is not limited to:
• Configuration management knowledge bases
• Financial databases
• Historical information and lessons learned knowledge bases (e.g., project records and documents, all project closure information and documentation, information regarding both the results of previous project selection decisions and previous project performance information, and information from risk management activities)
• Issue and defect management databases
• Process measurement databases
• Project files from previous projects -
Question 10 of 30
10. Question
You are a analyst in your organization and have the access to the organization’s knowledge base. Which among the following you will find in Financial databases?
Correct
The organizational knowledge base for storing and retrieving information includes, but is not limited to:
• Configuration management knowledge bases
• Financial databases containing information such as labor hours, incurred costs, budgets, and any project cost overruns
• Historical information and lessons learned knowledge bases
• Issue and defect management databases
• Process measurement databases
• Project files from previous projectsIncorrect
The organizational knowledge base for storing and retrieving information includes, but is not limited to:
• Configuration management knowledge bases
• Financial databases containing information such as labor hours, incurred costs, budgets, and any project cost overruns
• Historical information and lessons learned knowledge bases
• Issue and defect management databases
• Process measurement databases
• Project files from previous projects -
Question 11 of 30
11. Question
The categories into which organizational process assets can be grouped into are?
Correct
Organizational process assets are the plans, processes, policies, procedures, and knowledge bases specific to and used by the performing organization. Organizational process assets may be grouped into two categories:
(1) processes and procedures, and
(2) corporate knowledge base.Incorrect
Organizational process assets are the plans, processes, policies, procedures, and knowledge bases specific to and used by the performing organization. Organizational process assets may be grouped into two categories:
(1) processes and procedures, and
(2) corporate knowledge base. -
Question 12 of 30
12. Question
You are the communications engineer in your organization. At the basic level of setting up any type of communication for your organization, which among the following you will not find in organizational communication requirements?
Correct
Executing, Monitoring and Controlling:
○ Change control procedures
○ Financial controls procedures
○ Issue and defect management procedures
○ Organizational communication requirements (e.g., specific communication technology available, authorized communication media, record retention policies, and security requirements)
○ Procedures for prioritizing
○ Risk control procedures
○ Standardized guidelinesIncorrect
Executing, Monitoring and Controlling:
○ Change control procedures
○ Financial controls procedures
○ Issue and defect management procedures
○ Organizational communication requirements (e.g., specific communication technology available, authorized communication media, record retention policies, and security requirements)
○ Procedures for prioritizing
○ Risk control procedures
○ Standardized guidelines -
Question 13 of 30
13. Question
Which among the following comes under issue and defect management procedures?
Correct
Executing, Monitoring and Controlling:
○ Change control procedures
○ Financial controls procedures
○ Issue and defect management procedures defining issue and defect controls, issue and defect identification and resolution, and action item tracking
○ Organizational communication requirements
○ Procedures for prioritizing
○ Risk control procedures
○ Standardized guidelinesIncorrect
Executing, Monitoring and Controlling:
○ Change control procedures
○ Financial controls procedures
○ Issue and defect management procedures defining issue and defect controls, issue and defect identification and resolution, and action item tracking
○ Organizational communication requirements
○ Procedures for prioritizing
○ Risk control procedures
○ Standardized guidelines -
Question 14 of 30
14. Question
You are a risk analyst in your organization and have the access to the organization’s knowledge base. Which among the following you will not find in risk control procedures?
Correct
Executing, Monitoring and Controlling:
○ Change control procedures
○ Financial controls procedures
○ Issue and defect management procedures
○ Organizational communication requirements
○ Procedures for prioritizing
○ Risk control procedures, including risk categories, risk statement templates, probability and impact definitions, and probability and impact matrix
○ Standardized guidelinesIncorrect
Executing, Monitoring and Controlling:
○ Change control procedures
○ Financial controls procedures
○ Issue and defect management procedures
○ Organizational communication requirements
○ Procedures for prioritizing
○ Risk control procedures, including risk categories, risk statement templates, probability and impact definitions, and probability and impact matrix
○ Standardized guidelines -
Question 15 of 30
15. Question
Which among the following does not fall under project closure guidelines?
Correct
Closing:
○ Project closure guidelines or requirements (e.g., lessons learned, final project audits, project evaluations, product validations, and acceptance criteria).Incorrect
Closing:
○ Project closure guidelines or requirements (e.g., lessons learned, final project audits, project evaluations, product validations, and acceptance criteria). -
Question 16 of 30
16. Question
You are the project manager in an organization that has just landed a new project. You will be managing the new project and have been instructed to follow the organization’s standards at each phase of the project. Which among the following are the factors that form organizational standards?
Correct
Initiating and Planning:
○ Guidelines and criteria for tailoring the organization’s set of standard processes and procedures to satisfy the specific needs of the project;
○ Specific organizational standards such as policies (e.g., human resources policies, health and safety policies, ethics policies, and project management policies), product and project life cycles, and quality policies and procedures (e.g., process audits, improvement targets, checklists, and standardized process definitions for use in the organization); and
○ Templates (e.g., risk register, work breakdown structure, project schedule network diagram, and contract templates).Incorrect
Initiating and Planning:
○ Guidelines and criteria for tailoring the organization’s set of standard processes and procedures to satisfy the specific needs of the project;
○ Specific organizational standards such as policies (e.g., human resources policies, health and safety policies, ethics policies, and project management policies), product and project life cycles, and quality policies and procedures (e.g., process audits, improvement targets, checklists, and standardized process definitions for use in the organization); and
○ Templates (e.g., risk register, work breakdown structure, project schedule network diagram, and contract templates). -
Question 17 of 30
17. Question
You are a risk analyst who have been approached by your organization to view into the organizational issues and suggest some of the viable solutions based on the organizational knowledge base. Which among the following you will not find in issue and defect management database?
Correct
The organizational knowledge base for storing and retrieving information includes, but is not limited to:
• Configuration management knowledge bases
• Financial databases
• Historical information and lessons learned knowledge bases
• Issue and defect management databases containing issue and defect status, control information, issue and defect resolution, and action item results
• Process measurement databases
• Project files from previous projectsIncorrect
The organizational knowledge base for storing and retrieving information includes, but is not limited to:
• Configuration management knowledge bases
• Financial databases
• Historical information and lessons learned knowledge bases
• Issue and defect management databases containing issue and defect status, control information, issue and defect resolution, and action item results
• Process measurement databases
• Project files from previous projects -
Question 18 of 30
18. Question
You are currently managing a project with high number of stakeholders. Which among the following factors does not effect the critical success of project?
Correct
Stakeholder identification is a continuous process throughout the entire project life cycle. Identifying stakeholders, understanding their relative degree of influence on a project, and balancing their demands, needs, and expectations are critical to the success of the project. Failure to do so can lead to delays, cost increases, unexpected issues, and other negative consequences including project cancellation.
Incorrect
Stakeholder identification is a continuous process throughout the entire project life cycle. Identifying stakeholders, understanding their relative degree of influence on a project, and balancing their demands, needs, and expectations are critical to the success of the project. Failure to do so can lead to delays, cost increases, unexpected issues, and other negative consequences including project cancellation.
-
Question 19 of 30
19. Question
There is an industrial expansion in progress and the major share of the work is being done by your company. How can you serve the business leaders who are also the stakeholders in your company?
Correct
Just as stakeholders can positively or adversely impact a project’s objectives, a project can be perceived by the stakeholders as having positive or negative results. For example, business leaders from a community who will benefit from an industrial expansion project will see positive economic benefits to the community in the form of additional jobs, supporting infrastructure, and taxes. In the case of stakeholders with positive expectations for the project, their interests are best served by making the project successful. In contrast, the interests of negatively affected stakeholders, such as nearby homeowners or small business owners who may lose property, be forced to relocate, or accept unwanted changes in the local environment, are served by impeding the project’s progress. Overlooking negative stakeholder interests can result in an increased likelihood of failures, delays, or other negative consequences to the project.
Incorrect
Just as stakeholders can positively or adversely impact a project’s objectives, a project can be perceived by the stakeholders as having positive or negative results. For example, business leaders from a community who will benefit from an industrial expansion project will see positive economic benefits to the community in the form of additional jobs, supporting infrastructure, and taxes. In the case of stakeholders with positive expectations for the project, their interests are best served by making the project successful. In contrast, the interests of negatively affected stakeholders, such as nearby homeowners or small business owners who may lose property, be forced to relocate, or accept unwanted changes in the local environment, are served by impeding the project’s progress. Overlooking negative stakeholder interests can result in an increased likelihood of failures, delays, or other negative consequences to the project.
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Question 20 of 30
20. Question
There is an industrial expansion in progress and the major share of the work is being done by your company. This expansion may effect the local shops and businesses in a lot of ways and are the stakeholders with negative expectations. Which among the following is the way in which you can serve these type of stakeholders in the best way possible?
Correct
Just as stakeholders can positively or adversely impact a project’s objectives, a project can be perceived by the stakeholders as having positive or negative results. For example, business leaders from a community who will benefit from an industrial expansion project will see positive economic benefits to the community in the form of additional jobs, supporting infrastructure, and taxes. In the case of stakeholders with positive expectations for the project, their interests are best served by making the project successful. In contrast, the interests of negatively affected stakeholders, such as nearby homeowners or small business owners who may lose property, be forced to relocate, or accept unwanted changes in the local environment, are served by impeding the project’s progress. Overlooking negative stakeholder interests can result in an increased likelihood of failures, delays, or other negative consequences to the project.
Incorrect
Just as stakeholders can positively or adversely impact a project’s objectives, a project can be perceived by the stakeholders as having positive or negative results. For example, business leaders from a community who will benefit from an industrial expansion project will see positive economic benefits to the community in the form of additional jobs, supporting infrastructure, and taxes. In the case of stakeholders with positive expectations for the project, their interests are best served by making the project successful. In contrast, the interests of negatively affected stakeholders, such as nearby homeowners or small business owners who may lose property, be forced to relocate, or accept unwanted changes in the local environment, are served by impeding the project’s progress. Overlooking negative stakeholder interests can result in an increased likelihood of failures, delays, or other negative consequences to the project.
-
Question 21 of 30
21. Question
Which among the following is not a part of project governance framework?
Correct
Examples of the elements of a project governance framework include:
• Project success and deliverable acceptance criteria;
• Process to identify, escalate, and resolve issues that arise during the project;
• Relationship among the project team, organizational groups, and external stakeholders;
• Project organization chart that identifies project roles;
• Processes and procedures for the communication of information;
• Project decision-making processes;
• Guidelines for aligning project governance and organizational strategy;
• Project life cycle approach;
• Process for stage gate or phase reviews;
• Process for review and approval for changes to budget, scope, quality, and schedule which are beyond the authority of the project manager; and
• Process to align internal stakeholders with project process requirements.Incorrect
Examples of the elements of a project governance framework include:
• Project success and deliverable acceptance criteria;
• Process to identify, escalate, and resolve issues that arise during the project;
• Relationship among the project team, organizational groups, and external stakeholders;
• Project organization chart that identifies project roles;
• Processes and procedures for the communication of information;
• Project decision-making processes;
• Guidelines for aligning project governance and organizational strategy;
• Project life cycle approach;
• Process for stage gate or phase reviews;
• Process for review and approval for changes to budget, scope, quality, and schedule which are beyond the authority of the project manager; and
• Process to align internal stakeholders with project process requirements. -
Question 22 of 30
22. Question
You are a member of the project management staff in your project. Which among the following describes your role?
Correct
Project management staff.
The members of the team who perform project management activities such as scheduling, budgeting, reporting and control, communications, risk management and administrative support. This role may be performed or supported by a project management office (PMO).Incorrect
Project management staff.
The members of the team who perform project management activities such as scheduling, budgeting, reporting and control, communications, risk management and administrative support. This role may be performed or supported by a project management office (PMO). -
Question 23 of 30
23. Question
Which among the following are usually not a part of the project team?
Correct
Project teams include roles such as:
• Project management staff.
• Project staff.
• Supporting experts.
• User or Customer Representatives.
• Sellers.
• Business partner members.
• Business partners.Incorrect
Project teams include roles such as:
• Project management staff.
• Project staff.
• Supporting experts.
• User or Customer Representatives.
• Sellers.
• Business partner members.
• Business partners. -
Question 24 of 30
24. Question
You are a member of the project staff in your project. Which among the following describes your role?
Correct
Project staff.
The members of the team who carry out the work of creating the project deliverables.Incorrect
Project staff.
The members of the team who carry out the work of creating the project deliverables. -
Question 25 of 30
25. Question
You are a supporting expert in an organization. Which among the following describes your role in a project?
Correct
Supporting experts.
Supporting experts perform activities required to develop or execute the project management plan. These can include such roles as contracting, financial management, logistics, legal, safety, engineering, test, or quality control. Depending on the size of the project and level of support required, supporting experts may be assigned to work full time or may just participate on the team when their particular skills are required.Incorrect
Supporting experts.
Supporting experts perform activities required to develop or execute the project management plan. These can include such roles as contracting, financial management, logistics, legal, safety, engineering, test, or quality control. Depending on the size of the project and level of support required, supporting experts may be assigned to work full time or may just participate on the team when their particular skills are required. -
Question 26 of 30
26. Question
You are a customer representative in a project. Which among the following describes your role?
Correct
User or Customer Representatives.
Members of the organization who will accept the deliverables or products of the project may be assigned to act as representatives or liaisons to ensure proper coordination, advise on requirements, or validate the acceptability of the project’s results.Incorrect
User or Customer Representatives.
Members of the organization who will accept the deliverables or products of the project may be assigned to act as representatives or liaisons to ensure proper coordination, advise on requirements, or validate the acceptability of the project’s results. -
Question 27 of 30
27. Question
You are working in a project where the team is composed of dedicated team. Which among the following is not true for a dedicated team?
Correct
Dedicated.
In a dedicated team, all or a majority of the project team members are assigned to work full-time on the project. The project team may be colocated or virtual and usually reports directly to the project manager. This is the simplest structure for a project manager, as the lines of authority are clear and team members can focus on the project’s objectives.Incorrect
Dedicated.
In a dedicated team, all or a majority of the project team members are assigned to work full-time on the project. The project team may be colocated or virtual and usually reports directly to the project manager. This is the simplest structure for a project manager, as the lines of authority are clear and team members can focus on the project’s objectives. -
Question 28 of 30
28. Question
Which among the following is not true for part-time project teams?
Correct
Part-Time.
Some projects are established as temporary additional work, with the project manager and team members working on the project while remaining in their existing organizations and continuing to carry out their normal functions. The functional managers maintain control over the team members and the resources allocated to the project, and the project manager is likely to continue performing other management duties. Part-time team members may also be assigned to more than one project at a time.Incorrect
Part-Time.
Some projects are established as temporary additional work, with the project manager and team members working on the project while remaining in their existing organizations and continuing to carry out their normal functions. The functional managers maintain control over the team members and the resources allocated to the project, and the project manager is likely to continue performing other management duties. Part-time team members may also be assigned to more than one project at a time. -
Question 29 of 30
29. Question
Which among the following is not true for sequential phase-to-phase relationships?
Correct
Sequential relationship.
In a sequential relationship, a phase starts only when the previous phase is complete. The step-by-step nature of this approach reduces uncertainty, but may eliminate options for reducing the overall schedule.Incorrect
Sequential relationship.
In a sequential relationship, a phase starts only when the previous phase is complete. The step-by-step nature of this approach reduces uncertainty, but may eliminate options for reducing the overall schedule. -
Question 30 of 30
30. Question
Which of the following is not true for overlapping phase-to-phase relationships?
Correct
In an overlapping relationship, a phase starts prior to completion of the previous one. This can sometimes be applied as an example of the schedule compression technique called fast tracking. Overlapping phases may require additional resources to allow work to be done in parallel, may increase risk, and can result in rework if a subsequent phase progresses before accurate information is available from the previous phase.
Incorrect
In an overlapping relationship, a phase starts prior to completion of the previous one. This can sometimes be applied as an example of the schedule compression technique called fast tracking. Overlapping phases may require additional resources to allow work to be done in parallel, may increase risk, and can result in rework if a subsequent phase progresses before accurate information is available from the previous phase.