Revision Project Management in IT Final Exam MCQs

What is the primary purpose of project management?

• Maximizing profits

• Achieving project objectives

• Completing tasks efficiently

• Minimizing stakeholder involvement

Which of the following is a characteristic of a project?

• Has a defined start and end

• Continuous and repetitive

• No specific objectives

• No need for project team collaboration

What is the significance of IT governance in project management?

• Ensures compliance with project timelines

• Manages the development team

• Aligns IT strategy with business goals

• Provides technical support

In which process group does the project team perform the work defined in the project management plan?

• Initiating

• Planning

• Executing

• Closing

Which document is likely to include planned project start and end dates, serving as the starting points for a detailed schedule?

• Resource breakdown structure

• Milestones list

• Organizational process assets update

• Project charter

What is the primary goal of Project Scope Management?

• Managing project risks

• Ensuring that all project requirements are identified, understood, and met

• Defining project timelines

• Allocating project resources

What is a Work Breakdown Structure (WBS) in Project Scope Management?

• A visual representation of project resources

• A hierarchical decomposition of the total scope of work

• A document specifying project timelines

• A list of project stakeholders

What term is used for a significant event on a project that normally has no duration?

• Milestone

• Activity attribute

• Activity sequence

• Schedule baseline

How is the Critical Path determined in Critical Path Method?

• By summing the durations of all activities

• By identifying the path with the most activities

• By finding the path with the least float

• By analyzing the dependencies between activities

Answer explanation

"Float" refers to the amount of time by which an activity in a project network can be delayed without affecting the project's overall completion time.

Float is also known as slack.

The critical path in a project is the longest path through the network, and activities on the critical path have zero float, meaning any delay in these activities would directly impact the project's completion time.

Which of the following is NOT a component of the cost management plan?

• Cost estimation methods

• Project schedule

• Units of measure

• Control thresholds