PM2-Unit 1 Quiz

Which of the following is a true statement about projects?

• They rely on traditional management structures.

• They create goods, not services.

• They are short-term undertakings.

• Their processes are more important that their results.

Every project creates a(n)

• deliverable

• new product

• company

• advertising plan

Projects are different from business operations because business operations

• are special venutres

• are permanent

• use untraditional management structures

• have a definite beginning and end

Which of the following is a true statement regarding project managers

• Anyone with the right skills can be a project manager

• Project managers are usually top-level executives

• Math and computing are the most important skills for project managers

• Project managers are only distantly involved in a project

The project manager controls what the project will and will not do, known as the project’s

• budget

• plan

• schedule

• scope

The three common constraints on a project are scope, budget, and

• time

• technology

• ability

• laws

When a project’s scope slowly gets bigger and bigger, it creates a challenge for project managers known as

• project creep

• resource deficiency

• communication gap

• budget overage

A project is officially authorized to begin by the

• registration documents

• initiation papers

• lessons-learned document

• statement of work

Rules and regulations for keeping a project on track are known as

• governance mechanisms

• project laws

• risk inhibitors

• execution standards

What are the five stages of the project life cycle?

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