Quiz 1

What is project management?

• The process of maintaining the status quo in an organization.

• The application of skills, tools, and techniques to project activities to meet project requirements.

• A routine operation within an organization.

• The process of downsizing organizational processes.

Which of the following best describes the primary role of a project manager?

• Providing support tasks for team members.

• Managing the project budget only.

• Leading the project team in meeting project goals and customer requirements.

• Overseeing daily operational tasks of the company.

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

• To provide project managers for individual projects.

• To serve as a repository for all project documentation.

• To standardize and manage project processes and methodologies.

• To handle hiring and firing for the project team.

How does a matrix organization typically differ from a functional organization?

• A matrix organization has a strict, vertical hierarchy compared to a functional organization.

• A matrix organization blends functional and projectized structures to optimize resource sharing.

• In a matrix organization, employees report to multiple managers.

• B and C are correct.

Which of the following statements is true about portfolios and programs?

• A portfolio refers to a group of projects that are managed together to achieve strategic objectives.

• A program is smaller in scope than a project and deals with daily operational tasks.

• Projects within a portfolio do not necessarily have interdependencies or directly related outcomes.

• Operations are temporary endeavors undertaken to create a unique product, service, or result.

Which methodology emphasizes iterative decision-making and real-time communication within project teams?

• Waterfall

• Six Sigma

• Agile

• SLDC

What does 'tailoring' refer to in project management?

• Adjusting the methods and approaches used in a project to suit the unique requirements of the project.

• Reducing the scope of the project to meet budget constraints.

• Expanding the project team to include more specialized skills.

• Standardizing project management processes across all projects in an organization.

What distinguishes a project from ongoing operations?

• Projects are routine and repetitive.

• Projects are temporary with a defined beginning and end.

• Operations produce unique results.

• Operations are considered temporary endeavors.

In which type of organizational structure are staff members assigned roles in projects while still reporting to their functional managers?

• Functional

• Projectized

• Matrix

• Hybrid

In which type of organizational that the project manager is having most power?

• Functional

• Projectized

• Matrix

• Hybrid