overview of project management and project manager

What is the purpose of a Project Management Office (PMO) in an organization

• Handling routine departmental tasks

• Initiating virtual projects

• Improving project management effectiveness

• Conducting performance evaluations

What is a common characteristic of projects that differentiates them from routine tasks?

• Large financial investments

• Frequent repetition of activities

• Limited budgets and resources

• Involvement of multiple departments

What is the most crucial attribute of a project that ensures its success?

• High financial investment

• Senior management support and importance

• Frequent resource allocation

• Extensive external partnerships

How can project managers address cultural differences in a multicultural project?

• By ignoring cultural differences and focusing solely on project goals

• By providing cultural sensitivity training to the project team

• By excluding team members from different cultural backgrounds

• By imposing the dominant culture on all team members

During which phase of the project management life cycle is the project team most likely to encounter risks?

• Project initiation

• Project planning

• Project execution

• Project closure

What is a key challenge for project managers in acquiring resources for their projects?

• Lack of political connections

• Overabundance of resources

• Resource availability is perceived to be limited

• Unlimited support from functional managers

What is the primary criterion for selecting a project manager?

• Strong technical background

• Ability to keep the project team happy

• Good terms with senior executives

• A hard-nosed manager

What is burnout in the context of project management?

• The process of allocating resources to a project

• The tendency for team members to lose motivation and become exhausted due to prolonged stress

• The process of managing project risk

• The process of managing stakeholder expectations

Which of the following is an example of a trade-off between the triple constraints?

• Reducing project scope to meet cost and time constraints

• Increasing project scope to meet quality and time constraints

• Reducing project quality to meet cost and scope constraints

• Increasing project quality to meet time and scope constraints

What distinguishes the role of a Project Manager (PM) from that of a functional manager

• Functional managers have more specialized knowledge

• PMs have more technical expertise in their respective fields

• Functional managers focus on general coordination, while PMs are specialized.

• PMs oversee multiple departments, while functional managers handle individual areas