Test-L08P

Which of the following is not a characteristic of a project?

• Constrained by limited resources

• Planned, executed and controlled

• Created a unique product or service

• On-going and repetitive

Your company is responsible for developing an anti-virus software. You are responsible for managing both the individual product releases and the co-ordination of multiple releases over time. Your role is that of a:

• Program Manager

• Project Manager

• Functional Manager

• Operations Manager

You are working in the Project Management Office (PMO) of your organization. What is your job responsibility?

• Managing the operational activities in the company.

• Managing Human resource and Risk Management issues for projects

• Providing support functions to Project Managers in the form of training, software, standardized policies etc.

• Providing Subject Matter Expertise in the Functional areas of the project

Collectively, project phases are also referred to as "Project Life Cycle". All the following statements about project life cycles are correct EXCEPT:

• All project life cycles are usually identical

• The level of risk is highest at the start of the project, and decreases as the project progresses.

• Cability of the stakeholders to influence the final characteristics is highest at the start, and gets progressively lower as the project continues.

• Cost and staffing requirements usually peak during the intermediate phases

As a project manager, you realize that handling Project Stakeholder expectations is an important priority. Which statement regarding project stakeholders is not correct?

• Negative stakeholders must be ignored if the project has to be brought to successful completion

• Stakeholders have varying levels of responsibility and authority when participating on a project and these can change over the project`s life cycle

• Some key stakeholders include Project Manager, Performing organization, Project team members, Customer and Sponsor

• Stakeholder expectations may be difficult to manage because stakeholders often have conflicting objectives.

Which of the following is not a characteristic of the Project Life Cycle?

• Risk and uncertainty is highest at start of the project.

• Ability of the stakeholders to influence final characteristics of the projects product increases as the project continues.

• The project life cycle definition determines which transitional actions at the beginning and end of the project are included - so, the project life cycle definition can be a link to the ongoing operations of the performing organization.

• Cost and staffing levels are low at the start, higher towards the end and drop rapidly as the project draws to a conclusion.

You are a project manager in an Information Technology(software) company, but you recently got an offer as a project manager in a construction company with 25% salary hike. You have excellent technical knowledge in software field, but do not have much exposure to the Construction Industry. In this context

• You should attend training classes related to construction industry to get more technical expertise in the field.

• You should not take up the assignment because you will lose out on the experience and skills gained in information technology field.

• You should take up the assignment because similar project management skills will be required in the construction company, as was required in the software company.

• You should try to get more information about project management in the construction industry and then make an informed decision about whether to take up the new opportunity.