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1.A projectis:
A. A set of sequential activities performed in a process orsystem.
B. A revenue-generating activity that needs to be accomplished while achieving customer
satisfaction.
C. An ongoing endeavor undertaken to meet customer or marketrequirements.
D. A temporary endeavor undertaken to create a unique product, service, orresult.
2.Project management is:
A. The integration of the critical path method and the Earned Value Managementsystem.
B. The application of knowledge, skills, tools, and techniques to project activities to meet the
projectrequirements.
C. The application of knowledge, skills, wisdom, science, and art to organizational activities to
achieve operational excellence.
D. A subset of most engineering and other technical disciplines.
3.Portfolio management refers to:
A. Managing various contents of the projectfile.
B. Managing the levels of the levels of financial authority tofacilitate
C. project decision making
D. The centralized management of one or more portfolios to achieve strategicobjectives.
E. Applying resource leveling heuristics across all the organization’s strategicobjectives.
4.All of the following are questions that the key stakeholders and project
managers should answer to develop the project success measures EXCEPT:
A. What does success look like for theproject?
B. How will success be measured?
C. What are the communication requirements?
D. What factors may impactsuccess?
5.A. program isa :
A. Group of related tasks lasting one year orless.
B. Group of related projects, subsidiary programs, and program activities managed in a
coordinated manner.
C. Large projects with significant cost and resourcerequirements.
D. Sequence of activities constituting a major project.
6.All of the following are true about projects and operations EXCEPT :
A. Operationsareongoingendeavorsthatproducerepetitiveoutputs,withresourcesassigned
todobasicallythesamesetoftasksaccordingtothestandardsinstitutionalizedinaproduct
lifecycle,whereasprojectsaretemporaryendeavors.
B. Projectsrequireproject management activities andskillsets, whereasoperationsrequire
businessprocessmanagement,operationsmanagementactivities,andskillsets.