1) A 'Project' is a __________________________ undertaking to deliver a unique product, service, or result.

A) Defined, B) Temporary, C) Specific, D) Related group tasks

2) A project has fixed time, cost, and performance requirements.

True or False

3) A project involves doing something not done before.

True or False

4) Project Management activates are carried out through the performance of ___________________ process groups.

A) 4 B) 12 C) 5 D) 10

5) A process is a group of __________________________ actions required to c reate a pre-specified product, service, or result.

A) Specfific B) Documented C) Standard D) Interrelated

6) A stakeholder is someone or an organization who actually or potentially can _________________ the performance of your project.

A) Influence B) Control C) Participate in D) provide funding for

7) The Stakeholder Management Plan evaluates stakeholders in terms of their interest in your project and their power to effect its potential to succeed.

True or False

8) Project Management has helped corporations improve the strategic benefits derived from capital investment.

True or False

9)In most corporations more projects are proposed than can be funded with available capital. Selecting the best projects to fund and complete is an important task. Most corporations use some form of a _____________________________________ to help in the selection.

A) Executive Consensus B) Commitee Vote C) Weighted Screening Matrix D) Return on Equity Calculation

10)In addition to financial evaluation, project selection criteria generally include:

A) Stratetgic Evaluation B) Competitve Analysis B) Time and resources constraint Analysis, D) All of the above

11)The document that outlines the specifics of the project for the selection process is the __________________________. If the project is selected, the document is signed and serves as authorization for work on the project to start.

A) Project Summary, B) Project Agreement, C) Project Sponsor Contract, D) Project Charter

12)The issuance of a Project Charter marks the end of the _________________________ phase of the project lifecycle.

A) Initiation, B) Conceptual, C) Planning, D) Spawning

13) Project Scope is crucial concept that defines the work of the project. Extraordinary care should be taken to ensure that the project team and the ________________________ have the same understanding of the projects scope.

A) Stakeholders, B) planners/schedulers, C) client/owners, D) end users

14)The Work Breakdown Structure is a hierarchical outline that decomposes a project into sub-components and work elements.

True or False

15) The lowest level identified in a Work Breakdown Structure is a ______________________________ .

A) Work Parcel, B) Work Package, C) Work Unit, D) Work Step

16) An Activity List shows the work activities developed in the Work Breakdown Schedule by adding time and ___________________________ to the work packages.

A) Coding identification, B) resources/cost C) organization

17) Activity Networks are based on the activities defined in the Work Breakdown Schedule and link or arrange those activities according to ___________________________ relationships.

A) Precedence, B) Importance, C) Size, D) Functional

18) The Critical Path is defined as the _________________________ path through the activity network that allows for the completion of all activities required to complete the project.

A) Shortest, B) Longest

19) Slack and Float mean the same thing. 'A work activity has a spread of time between the early start date and the late start date.'

True or False

20) Scheduling activities generally conclude with the production of a Time, Phased Budget Plan for performing the project work. Typically this plan is graphically shown as a ______________________.

A) Heuristic Curve, B) Venn Diagram, C) Isikawa Diagram, D) Grant Chart