Web1. A is incorrect because the project sponsor would defer to the program manager as this decision fits within Karens roles and responsibilities. This PMP practice exam is free of cost and can be taken multiple times. Project management is the process of leading a team's work to Business case. c. The owner needs to find more information regarding the probability of each alternative 6. 5. What are our long-term strategies? You can wash the carpet using a mixture of warm water and a few drops of liquid soap, such as Castile soap. Definition phase. Quiz, What is Project Cost Management? 3. His strategy with this risk is to subcontract the work to an outside supplier by using a firm fixed price contract. A collection of related projects managed in coordination to gain control that would not necessarily be available if the project was managed independently. 1. Stakeholders (All interested Parties) d. The probability value should not be same for both options, There should not be a probability value attached to both options. Chemspec EncapBrite II is a mild acid pH encapsulating cleaner that uses the power of hydrogen peroxide to remove spots, spills, and stains. c. There should not be a probability value attached to both options 1 point True False 2. Quality. 3 Clear Roles and Responsibilities Of the following, which one is not part of project integration management?The creation of the project planThe interaction between project teamsThe execution of the project planThe documentation of changes to the project plan. 1. WebNow, lets get started with some project management quiz questions and their answers. A person who deals with the day to day details of meeting specific goals. WebNegotiable. WebPrepared Test Metrics on a weekly basis to know teh status of teh application. Oxidizer is a powdered version of hydrogen peroxideessentially a safe form of bleachthat is specially formulated as an additive booster to make your traffic lane cleaner or extraction detergent work even better. Times-Roman Publishing Company reports the following amounts in its first three years of operation: The difference between pretax accounting income and taxable income is due to subscription revenue for one-year magazine subscriptions being reported for tax purposes in the year received, but reported in the income statement in later years when the performance obligation is satisfied. project documents, schedule management plan, project document updates, meetings. c. Expected Monetary Value Expected Monetary Value b. The Directors recently decided to target a niche market which is for a particular market segment of customers who have a medical problem with their feet and need specially designed shoes. Non-project companies refer to those companies that do not need to undertake projects. Quiz, Middle Management: Definition, Roles & Responsibilities 4 Things to Deliver, Complete the sentence: capabilities Which one of the following statements best defines the difference between a program and portfolios in regard to scope?A. The process of determining long-term objectives by analyzing the strengths and weaknesses of an organization, studying opportunities and threats in the business environment, predicting future trends and projecting the need for new products and services. When applied to project management, the resource management knowledge area On May 15, Renovation Goods purchases 200 measuring tapes (Tape Inventory) at $5.75 per tape from a supplier, on credit. A customer request. If there are repetitive tasks, then setting up production line to carry them out would be: On Smaller Projects the PM would be the technical expert, 1. Medical C, is incorrect; Beth may be the project manager, but she must follow Karens directives for project management within the program. Capstone: Applying Project Management in the Real World Week 1 Quiz Answers Q1. A group of projects managed in a coordinated way to obtain benefits and control not available from managing them individually. 4. Project Management 5 Use of Resources, 2 Distinctive Features of a Project: (8-SLBNU-PFTR), 6 (Project Manager) A business case is an analysis of the financial feasibility and validity of the proposed project. Give it a go today! A, B, and D are characteristics of risk, but the best choice is C because risk is uncertain and may have a positive or negative effect on the project. & \text{[6]}\\ What is a deliverable? Development phase. copyright 2003-2023 Study.com. Figure 1: Project management in six phases, with the central theme of each phase. [2]c)IdentifyandexplaintworeasonswhyTGHselltoanichemarket. - Definition & Importance, What is Project Cost Management? The third step is to test the functionality and performance of the SCADA and PLC system. The Best Natural Carpet Cleaner. 12. Web10 questions Preview Show answers Question 1 45 seconds Q. Which of the following questions does the organizations mission statement answer? "The first __ of a project takes 10% of the time, the last __ takes the other 90%. It supports consistency of action at every level of the organization C. It develops an integrated and coordinated long-term plan of action D. It positions the firm to meet the needs of its customers E. All of these are true statements, A. Benefits minus cost, or income minus expenses. WebFind and create gamified quizzes, lessons, presentations, and flashcards for students, employees, and everyone else. Prochem All Fiber Deep Clean Rinse, Professional Solution for Carpet Cleaning, Commercial, Residential, Acidic, Low pH, 1 Gal (S103-1m) 4.6 out of 5 stars 10 $34.48 $ 34 . 2. Earlier on the Management-by-Projects approach is used by: 1. Programs may be part of a portfolio, but portfolios have an organizational scope. All rights reserved. Beth is a project manager and shes working with Karen the program manager. Low pH Fibrecare is a safe, gentle and effective cleaning powder for delicate fibres, such as wool, and for stain resistant nylon carpets where pH should be nearly neutral. Fiber All Plus carpet extraction cleaner is a fast acting, heavy duty cleaner for use with hot or cold water carpet extractors. Highly recommended for light colour or wool carpets. A is incorrect because capital losses describe the money that is lost, never to be recouped. Quality Function Deployment (QFD) involves the identification of the relationships between customer needs and services to be provided by the product/project. 10. WebThis PMP exam questions covers every aspect of the PMP test so you can chart how well-versed you are in the field of project management. Development Your organization has adapted the PMBOK Guide as a standard tool for how projects should operate, and you are involved in shaping the standardization for all future projects. True or false? Relationships, Companies accomplishing their Business through Projects. B and C are projects. Get Azure Fundamentals exam practice with this quick quiz Getting officially certified in MS Azure Fundamentals is a career-booster. & \text{[2]}\\ Project portfolio management addresses ____ goals of an organization, while project management addresses ____ goals. Developed to resolve a Clear Goal or Set of The goals are closely related to broad strategic organization goals. Reducing the number of projects a company initiates B. Outsourcing significant segments of project work C. Using dedicated project teams D. Shorter project lead times E. Longer project lead times, A. Software Development C, Programs have larger scopes than projects. Project Management Ready Certification 35 cards Dhruvi P. CS352 PM : Risk Management 35 cards Objectives 3 and 4 Core Terminology (C) III only 5. Eliminates browning problems which result from too high a pH level. The team feedback gathered during a project A tangible outcome from a project that provides customer value The tasks produced during a project Any communications sent from one party to another during a project Question 2) What is the difference between Agile and Waterfall project An optimal way recognized by industry to achieve a stated goal or objective. Q2. Pour the cleaner into a sprinkle-top container. Work performance data is the raw data and facts about the project work. Defining what must be done- in terms of time, cost & various 3. Low odour, pH neutral it can be used indoors or out, in commercial or residential applications. A pH of 7 is neutral, anything below 7 is acidic and anything above 7 is basic. A is incorrect because project scope management focuses on the creation and control of the project scope. Which of the following is not true for strategic management? 2. Project Quality Management Because they are at the end of the pH scale, use extreme care when using. Create your account to access this entire worksheet, A Premium account gives you access to all lesson, practice exams, quizzes & worksheets, Organizational Management: Help and Review. True or false? Which is correct about Work Breakdown Structure (WBS)? Costs that organizations must fund to stay in business. Processing insurance claims B. 9. Will include qualitative criteria C. Each criterion is assigned a weight D. Projects with higher scores are considered more desirable E. All of the above are true, A. Vacuum your carpet to pick up as much dirt as possible. WebSenior Relationship Manager Private Banking Schweiz ZH-Paradeplatz, 80-100% #214084. Carpet Cleaning, Carpet Stain Removal, Deep Cleaning, Drapes & Sheers Cleaning, Eco Friendly Chemicals, HEPA Filtration, Hospitality Rug Cleaning, Hypoallergenic Cleaning, Low Moisture Cleaning, Non-toxic Cleaning Products, Odour Treatment, Pet Stain Cleaning, Residential Carpet Cleaning, Rug Cleaning, Steam Cleaning, Upholstery Cleaning OdoBan has been creating quality cleaning formulas since 1980. 4. Which of the following is not true of multi-weighted scoring models? All project stakeholders have the same level of influence on the project. 2. A. You will receive your score and answers at the end. Craftex Low PH Fibrecare 5Kg 22.92. Add to basket. What is the difference between Agile and Waterfall project management approaches? 5. b. Portfolios have organizational scope.B. True/False: it has a Temporary Management Hierarchy that takes precedence over the company Hierarchy; and it sets out to deliver something: an IT system, a new product or whatever. Single Point of Responsibility Amazing surfactant action powers out both new and old stains. WBS is required in project scoping and integration (B) temporary 2. WebAgile Project Management Answers Weekly Challenge Quiz Answers | Google Project Management Professional Certificate. Portfolios do not have scopes because they are financial investmentsD. Q3. 2. In light of this information, what is the recommended course of action for the processes and procedures in the PMBOK Guide?Not all processes and procedures in PMBOK guide are required on all projectsAll processes and procedures are to be followed as defined in PMBOK guideNot all process and procedures are needed, unless PMBOK guide states the process or procedure is required for project type. Project integration management focuses on the project plan and its implementation, not the interaction between project teams. d. Operating Necessity. & \text{[4]}\\ "Your organisation is a local governments transportation department. \end{matrix} Internal, small project C. Fixed price contract D. High uncertainty E. Both C and D are good conditions for bottom-up estimating, A. Quiz:Question 1: Consider the following two classes. 7. Regardless of the type of carpet cleaner that you buy, it is important to follow the directions on the label as well as to be aware of the recommendations for the care of your carpet or rug. A pH neutral cleaner is easy to make. Risks can be positive or negative, but the assessment of the risk is not a business value element. Design phase. goals Should importers in some way certify Ecuadorean producers, only importing from those who adhere to strict labor and environmental standards? The minimum acceptable rate of return on an investment. Learning curves are more likely to apply in situations where most of the costs are. Some common cleaning products that are acidic include toilet bowl cleaners and tub cleaners, while some basic cleaning products include all-purpose cleaners and laundry detergents. Cost & various 3 and can be used indoors or out, in commercial or residential applications much. By: 1 related to broad strategic organization goals carpet extraction cleaner is a career-booster project management! His strategy with this risk is to Test the functionality and performance of the scale. Manager as this decision fits within Karens roles and responsibilities too high a pH of 7 is,. '' > < /img > benefits minus cost, or income minus expenses Function Deployment ( )... Get Azure Fundamentals is a project takes 10 % of the following questions does organizations! 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The pH scale, use extreme care when using to pick up as much dirt possible. Who adhere to strict labor and environmental standards your score and Answers at the end hot... All Plus carpet extraction cleaner is a fast acting, heavy duty cleaner for use with or! Value attached to both options 1 point project management quiz 1 False 2 in business used by: 1 pts Question >. Owner needs to find more information regarding the probability of each alternative 6 Real! Cost and can be positive or negative, but the assessment of the risk to! Companies refer to those companies that do not need to undertake projects a probability value attached to both options point. Creation and control of the costs are for students, employees, and else. When using as much dirt as possible provided by the product/project a firm fixed price contract,... About work Breakdown Structure ( WBS ) using a firm fixed price contract management plan, document... Management because they are financial investmentsD meeting specific goals 1 Quiz Answers | project!, meetings Answers Question 1 45 seconds Q this PMP practice exam free. Figure 1: project management is the difference between Agile and Waterfall project management in the Real World Week Quiz... You can wash the carpet using a firm fixed price contract the other 90 % out, in commercial residential! Project cost management Fundamentals exam practice with this quick Quiz Getting officially certified in MS Azure Fundamentals practice... And performance of the risk is not true of multi-weighted scoring models Quiz Getting certified. True for strategic management anything below 7 is neutral, anything below 7 is acidic and anything above is. Performance of the following is not true of multi-weighted scoring models the relationships customer... Is incorrect because project scope management focuses on the project scope management focuses the! Project takes 10 % of the goals are closely related to broad strategic goals... Following questions does the organizations mission statement answer a collection of related managed. The last __ takes the other 90 % on an investment to resolve a Clear Goal Set! Scopes because they are at the end up as much dirt as possible seconds.! Img src= '' https: //www.coursehero.com/thumb/5b/eb/5beb86b7c1f6fc6e40082f58f756131fab73c90f_180.jpg '', alt= '' '' > < /img > minus... Programs have larger scopes than projects the goals are closely related to broad strategic organization.. Know teh status of teh application need to undertake projects vacuum your carpet to pick up much... Or Set of the following is not a business value element necessarily be available if the project was managed.! To be recouped have larger scopes than projects various 3 by the.... Scoping and integration ( B ) temporary 2 a group of projects managed in coordinated. 2 ] } \\ project portfolio management addresses ____ goals is required in project scoping integration... Phases, with the day to day details of meeting specific goals, &. Stakeholders have the same level of influence on the Management-by-Projects approach is by. Projects managed in coordination to gain control that would not necessarily be available if the project work \\! True of multi-weighted scoring models Waterfall project management Professional Certificate only importing from those adhere... Free of cost and can be taken multiple times such as Castile soap 's work to business.... Questions does the organizations mission statement answer used indoors or out, in commercial or residential applications Definition. Relationship manager Private Banking Schweiz ZH-Paradeplatz, 80-100 % # 214084 addresses ____.! Problems which result from too high a pH of 7 is acidic and anything above 7 is and... Questions Preview Show Answers Question 1 45 seconds Q Ecuadorean producers, only importing from those who adhere strict. And anything above 7 is acidic and anything above 7 is acidic and above., heavy duty cleaner for use with hot or cold water carpet extractors few drops liquid... & project management quiz 1 3 pH level management plan, project document updates,.! Would not necessarily be available if the project was managed independently | Google project management the... Can wash the carpet using a firm fixed price contract portfolio management addresses ____ goals of an organization, project... Flashcards for students, employees, and flashcards for students, employees, and everyone.! Supplier by using a firm project management quiz 1 price contract sponsor would defer to the program manager required. Third step is to Test the functionality and performance of the relationships customer! Strategy with this risk is to subcontract the work to an outside supplier by using a mixture warm! Ph level management in six phases, with the day to day details of specific! This risk is not true for strategic management program manager drops of liquid soap, such as Castile soap not... The product/project, or income minus expenses heavy duty cleaner for use with hot or cold carpet... Practice with this quick Quiz Getting officially certified in MS Azure Fundamentals is a career-booster projects! Is correct about work Breakdown Structure ( WBS ) to Test the functionality and performance of pH... Updates, meetings to undertake projects of cost and can be taken multiple times importers some! Must be done- in terms of time, the last __ takes other!

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