WorksheetsPractice – Project Management for Information Systems (Manprosi)
Total questions: 50
Worksheet time: 25mins
What is meant by a project?
Routine organizational activity
A temporary effort that produces a unique result
An individual task without a purpose
A long-term activity without end
The three primary constraints of a project are called...
Triple Constraint
Triple Bottom Line
Triple Impact
Iron Law
Who provides project funding and direction?
Project Manager
Project Sponsor
Stakeholder
Customer
The main goal of project management is...
To increase project costs
To improve coordination and project outcomes
To increase project complexity
To reduce team communication
What is meant by a stakeholder?
A person who is not involved
A person involved in or affected by the project
Only customers
Internal team only
What is meant by a portfolio?
A collection of projects and programs for strategic objectives
A single project
A part of the WBS
A requirements document
The core components of the triple constraint are...
Scope, Time, Cost
Time, Team, Technology
Scope, Budget, People
Time, Cost, Resource
Who is responsible for leading the project?
Project Manager
Customer
Project Sponsor
Program Manager
An organizational structure with two supervisors is called...
Functional
Matrix
Projectized
Hybrid
An important skill for a Project Manager is...
Technical and communication
Only technical
Only financial
Only administrative
The first process in the project life cycle is...
Planning
Initiating
Executing
Closing
The formal document that authorizes a project is...
Scope Statement
Project Charter
WBS
Proposal
The phase focused on carrying out the work is...
Executing
Initiating
Monitoring
Closing
The primary objective of the planning phase is...
To prepare the plan for project execution
To create the product
To test the results
To close the project
Monitoring & Controlling serves to...
Control changes and monitor performance
Develop the team
Prepare the budget
Close the project
The NPV method is used to...
Measure the present net value of a project investment
Determine the work timeline
Create the schedule
Develop the WBS
The payback period indicates...
The time for the project’s capital to be recovered
The project’s required rate of return
The total cost of the project
The risk-adjusted value of the project
Who is responsible for ensuring the Scrum process runs well?
Scrum Master
Product Owner
Project Sponsor
Customer
The document that contains lessons learned from a project is called...
Lessons Learned
Charter
Risk Register
Requirements Traceability Matrix (RTM)
Balanced Scorecard focuses on...
Balancing organizational strategy
Only financial aspects
Work time alone
Customer satisfaction only
The primary goal of project scope management is...
Defining what is included and not included in the project
Maximizing team utilization
Minimizing project costs at all times
Ensuring all risks are eliminated
The document that details user requirements is...
Requirements Document
Project Charter
Risk Register
Change Log
The process of creating detailed breakdown of project work is called...
Create WBS
Define Activities
Control Scope
Validate Scope
Scope creep occurs when...
There are uncontrolled changes to scope
All changes are processed through change control
The budget is increased with approval
Stakeholders freeze requirements early
RTM is used to...
Trace requirements through to deliverables
Record project issues
Plan communications
Estimate costs
The process that verifies project outputs is...
Validate Scope
Control Scope
Perform Integrated Change Control
Monitor Risks
A top-down approach in the WBS means...
Starting from the main deliverables
Starting from detailed tasks
Building the schedule first
Grouping by responsible teams
A deliverable is...
A product produced by the project
A list of activities
A risk mitigation plan
A cost baseline
The process that manages scope changes is...
Control Scope
Validate Scope
Define Scope
Plan Scope Management
A way to prevent scope problems is...
Engage users from the beginning
Delay stakeholder reviews
Avoid documenting requirements
Freeze the schedule before planning
The main objective of schedule management is...
Ensure the project finishes on time
Eliminate all schedule risks
Reduce resource costs
Maximize team overtime
The document listing project activities is called...
Activity List
WBS Dictionary
Issue Log
Risk Register
A Gantt Chart is used to...
View the schedule of project activities
Model project risks
Capture stakeholder requirements
Estimate project costs
The critical path is...
The longest sequence of activities that determines the project duration
The path with the most resources assigned
Any path with zero risk
A buffer added to protect the schedule
Slack/Float indicates...
Delay time that does not change the finish date
Extra budget available for tasks
The number of resources per task
The risk exposure of an activity
PERT is used for...
Estimating durations under uncertainty
Optimizing resource leveling
Controlling approved changes
Tracking costs against the baseline
Fast tracking means...
Performing activities in parallel
Compressing durations by adding resources
Stopping non-critical work
Delaying tasks to reduce risk
In project management, what does discretionary dependency mean?
A dependency determined by the project team
A mandatory regulatory dependency
An external vendor-imposed dependency
A random relationship between tasks
Critical Chain focuses on...
Managing limited resources
Gathering user requirements
Marketing deliverables to customers
Accepting all identified risks
A milestone is...
A significant point with no duration in a project
A task that requires extra budget
The final deliverable of the project
A dependency between tasks
The primary objective of cost management is to...
Ensure the project stays within budget
Maximize scope regardless of cost
Minimize stakeholder conflicts only
Accelerate the schedule at any cost
An intangible cost is...
A cost that is hard to measure, such as reputation
A direct labor expense
The purchase price of materials
A tax payment due at year-end
Indirect cost means...
Costs not directly related to the product
Costs paid only to external suppliers
Costs charged per unit produced
Costs incurred only at project closeout
Sunk cost is...
Money already spent that cannot be recovered
A future planned expenditure
A variable cost per unit
A contingency reserve
The guiding document for managing project costs is the...
Cost Management Plan
Risk Register
Stakeholder Engagement Plan
Procurement Statement of Work
Earned Value Management (EVM) is used to...
Measure project performance across scope, time, and cost
Collect employee satisfaction data
Approve change requests
Design the work breakdown structure
If CPI<1 , it means...
The project is over budget
The project is ahead of schedule
The project is under budget
There is no variance
In EVM, PV stands for...
Planned Value
Present Value
Project Variance
Performance Value
SV=EV−PV is used to...
Measure schedule delay
Calculate cost variance
Determine quality metrics
Compute risk exposure
CPI=EV/AC indicates...
The project's cost efficiency
Schedule flexibility
Resource utilization rate
Scope completeness
