Which of the following formulas is used by Excel to calculate NPV? _____ =npv(discount rate, range of cash flows) =npv(rate, value1, [value2, ...]) =npv(rate, cash flows) =npv(rate, future values)

=npv(discount rate, range of cash flows)

Project Management Fundamentals: Process Groups, Organization and Implementation

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Cards in this deck(34)

There are _____ project management process groups.

The concepts and tools of project, program, and portfolio management are only implemented within the computer industry located in the United States. True or False?

By the end of December, 2016 there were _____ certified project management professionals.

A _____ is defined as projects, program, subsidiary portfolios, and operations managed as a group to achieve strategic objectives.

Many organizations claim that using project management _____ costs.

A _____ is a very large project that typically costs over $1 billion, affects over one million people, and lasts several years.

A project has a definite beginning and a definite end. True or False?

Which of the following is not a category of factors affecting the organization, according to PMI? _____

Which of the following formulas is used by Excel to calculate NPV? _____

Which of the following is not part of a SWOT analysis? _____

A college approved a project to provide discounts for faculty, students, and staff to use the city's new light-rail system. Under what existing program might this project naturally fit? _____

From the viewpoint of NPV only, if Project 2 has a higher NPV than Project 1, Project 1 should be _____

_____ should be formed and continuously updated to help the organization as a whole make better strategic decisions.

_____ analysis determines how much time will lapse before accrued benefits overtake accrued and continuing costs.

_____ are new requirements imposed by government, management, or some external influence.

Assuming the value of a dollar is worth more today than in the future, the net present value of a multi-year project should be _____ the sum of its cash flows.

_____ processes include formalizing acceptance of the project or phase and bringing it to an orderly end.

All project meetings with major stakeholders should include _____

A(n) _____ is a series of actions directed toward a particular result.

A(n) _____ is a file with a preset format that serves as a starting point for creating various documents so that the format and structure do not have to be re-created.

You can create a _____ grid as part of a stakeholder analysis.

A project _____ is a document that formally recognizes the existence of a project and provides a summary of the project's objectives and management.

There is normally little work done before an official kick-off meeting for a project. True or False?

What is a crucial part of the project charter—a section in which key project stakeholders acknowledge their agreement on the need for the project? _____

Project scheduling software uses the _____ format to represent the WBS.

A deliverable at the lowest level of the WBS is called a work package. True or False?

The Just-In-Time Training project team decided to use the project management process groups for the level _____ tasks in its WBS.

An up-to-date project _____ statement is an important document for developing and confirming a common understanding of the project scope.

A WBS _____ is a document that describes the deliverables on the WBS in more detail.

You need to plan the project scope and determine what activities need to be done before you can develop a detailed project schedule. True or False?

A _____ is a condition or capability that must be met by the project or present.

Work that is not included in the scope statement should be performed as needed. True or False?

The PMBOK® Guide lists over _____ documents that project teams can produce as part of project planning.

The tasks in a WBS must be developed as a sequential list of steps. True or False?

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