As a project manager, you should know the characteristics of a project. The project, for example, utilizes processes to move the project work forward. All of the following are typical of a project, except for which one?

a, It is a temporary endeavor.
b, It creates a unique product or service.
c, It occurs monthly.
d, It has an end date.

5. An organization is considering investing in a new project, but they want to make certain the investment is a wise decision. Which project selection method would consider the return on investment for a given project?

a,Funds that have been invested into a project
b,Benefit measurement methods
c,Linear programming methods
d,Dynamic algorithms

6,A project manager has created a project charter but cannot get it signed. The project sponsor has requested the project manager get started on the project immediately. Of the following, which one is the best action?
a,Request the project charter be signed before starting the project work.
b,Create a risk impact statement for not having a charter.
c,Complete the activities on the critical path.
d,Ask the project sponsor to create a letter of intent.

7, James is the project manager for his organization, and he’s working with Lila to select a new project. Lila wants to know the exact software solution James will be proposing for the organization. James wants to focus on the long-range vision of how the software will help the organization. What statement best describes these two people?
a, James is using management. Lila is using leadership.
b,James is using leadership. Lila is using management.
c,James is using management. Lila is using micromanagement.
d,James is using leadership. Lila is emotional intelligence.

8, You are the project manager for your organization, and you’re working with Scott, the project sponsor, to define the characteristics of a project. Scott is confused about constraints, assumptions, needs for a project, and the duration of new projects. To help Scott, you could say that customer demands, changes to the marketplace, and opportunity are all examples of what?

a,Project constraints
b,Project assumptions
c. Reasons for project initiation
d, Components of a long-term project

9, Laura is the project manager for her organization and she’s working with management to launch a new project. All of the following activities happen with the initiation process group except which one?

a, Create the project charter.
b, Create the product description.
c,Identify the project constraints.
d, Define the project activities.

10..You are the project manager for your organization, and you’re working with Nancy, the CIO in your company, to launch the project. Nancy wants you to draft the project charter for a new project. All of the following statements about a project charter are incorrect except for which one?

a,Charters are not needed until the project plan is developed.
b, The project manager issues the charter to the project team.
c,The project charter authorizes the project.
d,The project charter is not needed on all projects.

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