Lesson 2 | Start the Project

Which two of the following are reasons that PMI® publishes a ææCode of Ethics? (Choose two)

• Set expectations for the project manager and the team.

• Create a commitment to honesty, integrity, and commitment.

• Ensure compliance with rules and laws.

• Provide specific guidance on conflict resolution.

Which two of the following are components of a project agreement? (Choose two)

• Pricing and payment terms

• Incentives and penalties

• Team members

• Complete product backlog

Which is a good practice for the use of collaboration technology?

• Select tools with the best features.

• Select tools that the team lead has experience using.

• Define team goals and practices before selecting tools.

• Use the tools that the previous project used.

Which two are examples of virtual team collaboration tools? (Choose two)

• Shared task boards

• Your laptop hard drive

• Social media

• Team chat boards

Which of the following is not a stakeholder in a financial project?

• Someone opposed to the project

• Project manager

• Someone who is not interested in the project

• Project sponsor

Which of the following is an artifact that outlines how the team will operate and work together?

• Team charter

• Resource management plan

• Project charter

• Team acquisition plan

Which statement best describes project stakeholders?

• Anyone affected by the project, its outputs, and its operation

• Anyone making money from the project

• A customer paying for the project’s output

• The organization delivering the project’s products

Which of the following would be least likely to be included in a stakeholder engagement plan?

• List of identified project stakeholders

• Documentation of the relationships between project stakeholders

• Amount of money invested by the project stakeholders

• Actions to be used interacting with project stakeholders

Your company has entered into a contract to develop a new and improved website for another company. The contract specifies the major deliverables, with details about what the website will contain, the completion date, and budget. The appendix contains the change control procedures that will be used. What project life cycle should be used to deliver this project?

• Predictive

• Agile

• Hybrid

• Scrum

Is the following statement true or false? In a predictive project, phase-to-phase relations can be sequential, where a phase can start prior to the end of another phase, or overlapping, where consecutive phases start when the previous phase is finished.

• True

• False