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FIT2002 – Week 1

A Gantt chart is a standard format for displaying project schedule information by listing project activities and their corresponding start and finish dates in a ____ format.
Select one:
a. bar graph
b. calendar
c. pie chart
d. line graph
b. calendar
Which of the following questions reflect the strategic goals of project portfolio management?
Select one:
a. Are projects on time and on budget?
b. Are we investing in the right areas?
c. Do stakeholders know what they should be doing?
d. Are we carrying out projects well?
b. Are we investing in the right areas?
Individual projects always address strategic goals whereas portfolio management addresses tactical goals.
Select one:
True
False
False
It is mandatory for project managers working on large information technology projects to be experts in the field of information technology.
Select one:
True
False
False
A _____ is an organisational group responsible for coordinating the project management function throughout an organisation.
Select one:
a. Project Management Office
b. Project Management Centre
c. Project Management Professional
d. Portfolio Group
a. Project Management Office
Responsibility assignment matrices and project organisational charts are examples of tools used in procurement management.
Select one:
True
False
False
In order to be realistic, a project manager should always set discrete goals instead of a range of objectives.
Select one:
True
False
False
A difference between operations and projects is that operations end when their objectives have been reached, whereas projects do not.
Select one:
True
False
False
Which of the following project management knowledge areas primarily involve generating, collecting, disseminating, and storing project information?
Select one:
a. Project time management
b. Project communications management
c. Project procurement management
d. Project cost management
b. Project communications management
Good project managers assume that their definition of success is the same as the sponsors.
Select one:
True
False
False
The primary role of project stakeholder management is to ensure that the project will satisfy the stated needs for which it was undertaken.
Select one:
True
False
False
Project _____ management involves defining and managing all the work required to complete the project successfully.
Select one:
a. time
b. scope
c. cost
d. human resource
b. scope
Which of the following refers to a set of principles that guides decision making based on personal values of what is considered right and wrong?
Select one:
a. Politics
b. Laws
c. Ethics
d. Civics
c. Ethics
Steve, an engineer in a construction company, is at present working on a home construction project. The home is being built for the Robinson family, the owners of the home. Steve is working with his project team and support staff to ensure the project is completed on time. In such a scenario, the project sponsor is _____.
Select one:
a. the Robinson family
b. the support staff
c. the project team
d. Steve
a. the Robinson family
The importance of stakeholders’ needs and expectations is limited to the beginning of a project.
Select one:
True
False
False
Projects should be developed in increments.
Select one:
True
False
True
Which of the following tools can best help in efficient communication management?
Select one:
a. Kick-off meetings
b. Requests for quotes
c. Fast tracking
d. Impact matrices
a. Kick-off meetings
Which of the following project management knowledge areas is an overarching function that affects and is affected by the different knowledge areas?
Select one:
a. Project communications management
b. Project integration management
c. Project cost management
d. Project stakeholder management
c. Project integration management
Which of the following is true of projects?
Select one:
a. They have a unique purpose.
b. They are developed using regressive elaboration.
c. They have an indefinite beginning and end.
d. They are permanent in nature.
a. They have a unique purpose
A project manager’s primary role is to provide the funding for a project.
Select one:
True
False
False
Project managers work with the project sponsors to define success for particular projects.
Select one:
True
False
True
Which of the following provides certification as a Project Management Professional?
Select one:
a. PMS
b. PMC
c. PMP
d. PMI
d. PMI
Every project should have a well-defined objective.
Select one:
True
False
True
Galaxy, a construction company, buys a particular brand of tiles manufactured by Tiles and Floors, an eco-friendly tile manufacturing company. However, Tiles and Floors has declared bankruptcy and closed down. At present, Galaxy is facing a crisis because there are no other manufacturers in the market that supplies eco-friendly tiles. Which of the following constraints is Galaxy currently facing?
Select one:
a. Scope
b. Time
c. Cost
d. Resources
d. Resources
Managing the triple constraint primarily involves making trade-offs between resources and quality.
Select one:
True
False
False
The role of a _____ is to provide direction and funding for a project.
Select one:
a. support staff member
b. project manager
c. project team
d. project sponsor
d. project sponsor
The only responsibility of a project manager is to meet the specific scope, time, and cost goals of a project.
Select one:
True
False
False
Joe is a project manager in an IT company and has over the years, gained substantial knowledge in his area of work. However, while managing his team, he often loses his temper. In addition, he fails to be an active listener when his team members approach him with work related challenges. In which of the following areas does Joe need to develop his skills in?
Select one:
a. Application area knowledge
b. Project environment knowledge
c. Standards and regulations
d. Human relations skills
d. Human relations skills
Which of the following statements is true of project management?
Select one:
a. It is a simple discipline with a limited scope.
b. It does not guarantee successes for all projects.
c. Its framework consists solely of project management knowledge areas.
d. It has specific tools which work universally across all kinds of projects.
b. It does not guarantee successes for all projects.
Until the 1950s, project management primarily focused on providing schedule and resource data to top management in the military, computer, and construction industries.
Select one:
True
False
True
To be a successful manager, the only skills an IT project manager needs to possess is excellent technical skills.
Select one:
True
False
False
A project’s stakeholders consist of its customers, users, and suppliers.
Select one:
True
False
True
Opponents of a project do not belong to the category of stakeholders.
Select one:
True
False
False
Which of the following best defines the role of leaders?
Select one:
a. They inspire people to reach goals.
b. They focus on short-term objectives.
c. They work solely toward day-to-day details of meeting specific tasks.
d. They work on achieving primarily tactical goals.
a. They inspire people to reach goals.
Which of the following is a difference between project management and portfolio
management?
Select one:
a. Project management involves making wise investment decisions whereas portfolio management does not.
b. Portfolio management is an easy task whereas project management is a more difficult task.
c. Portfolio management asks questions like, “Are we carrying out projects efficiently?” whereas project management asks questions such as “Are we investing in the right areas?”
d. Project management addresses specific, short-term goals whereas portfolio management focuses on long-term goals.
d. Project management addresses specific, short-term goals whereas portfolio management focuses on long-term goals.

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