ICPM 2 - Chapter 9

Which type of methodology includes popular methods such as Lean, Six

Sigma, and Lean Six Sigma?

• Process-based project management methodology (PBPMM)

• Sequential methodology (SM)

• Change management methodology (CMM)

• Process-based methodology (PBM)

• Agile methodology (AM)

Which of the following correctly identifies the five phases of the project life

cycle?

• Evaluation, planning, monitoring and controlling, analysing, and closing

• Initiation, planning, execution, monitoring and controlling, and

  closing

• Initiation, planning, monitoring and controlling, strategizing, and analyzing

• Evaluation, execution, monitoring and controlling, planning, and analyzing

• Initiation, execution, planning, monitoring and controlling, and

  strategizing

Which phase of the project life cycle addresses the scope of a project (who,

what, when, where, and how) and its management plan?

• Evaluation

• Planning

• Analysing

• Initiation

• Monitoring and controlling

__________ deals with managing projects with a focus on planning for risks

and taking control of change when it happens.

• Process-based project management methodology (PBPMM)

• Sequential methodology (SM)

• Change management methodology (CMM)

• Process-based methodology (PBM)

• Agile methodology (AM)

__________ is a project management tool that is similar to the critical path

and the activity completion time allows for time variance due to

uncertainty.

• Gantt chart

• Risk register

• SMART chart

• Checkpoints

• PERT Chart

__________ is a risk management tool that is used to assess and manage risk

by assigning a scored ranking to potential project risks.

• Project path

• Critical path

• Project risk

• Risk register

• Project library

Which phase of the project life cycle is the end point of a project and marks

its completion, or in the case of a failed project, its cancellation?

• Execution

• Analysing

• Strategising

• Closing

• Evaluation

A __________ is the basis for preparing a project budget as it details

everything required to perform a project’s tasks and produce deliverables.

• Work breakdown structure (WBS)

• Top-down structure (TDS)

• Bottom-up structure (BUS)

• Project portfolio structure (PPS)

• Life cycle structure (LCS)

The __________ is a high-level view of a project that defines the work to be

accomplished, the deliverables to be produced, the people to be involved,

and the control necessary to accomplish each phase of the project.

• Project management cycle

• Portfolio management cycle

• Program management cycle

• Project life cycle

• Program life cycle.

During the __________ project managers continuously compare project

performance to the project plan and make adjustments, as necessary, to

keep the project on track.

• Execution phase

• Monitoring and controlling phase

• Planning phase

• Analysing phase

• Strategising phase