Question 1

Which section of the project management plan describes specific methodologies a project might use and explains how to document information?
A) management objectives
B) project controls
C) risk management
D) technical processes

Accepted Answer

The technical processes section describes specific methodologies a project might use and explains how to document information.

Question 2

A project's internal rate of return can be determined by finding what discount rate results in an NPV of what value for the project?
A) zero
B) one
C) a hundred percent
D) fifty percent

Accepted Answer

You can determine a project's internal rate of return (IRR) by finding what discount rate results in an NPV of zero for the project.

Question 3

Which information is included in a business case?
A) business need for the project
B) relevant government or industry standards
C) project objective, high-level requirements, and time and cost goals
D) policies, procedures, guidelines, and systems that influence a project's success

Accepted Answer

Many projects require a business case to justify their investment. Information in the business case, such as the project objective, high-level requirements, and time and cost goals, is included in the project charter.

Question 4

Which is an example of an organizational process asset?
A) Management systems
B) The organization's infrastructure
C) Government standards
D) Marketplace conditions

Accepted Answer

Organizational process assets include formal and informal plans, policies, procedures, guidelines, information systems, financial systems, management systems, lessons learned, and historical information that can influence a project's success.

Question 5

What actions result in improvements in project performance?
A) Corrective
B) Defective
C) Preventive
D) Acceptance plan

Accepted Answer

Corrective actions should result in improvements in project performance.

Question 6

Which section of the project plan lists the planned dates for completing key deliverables?
A) schedule
B) closing
C) budget
D) objectives

Accepted Answer

The schedule section of the project management plan lists the planned dates for completing key deliverables.

Question 7

In a weighted scoring model, what percent must the sum of the weights of all the criteria total?
A) 10
B) 50
C) 100
D) 150

Accepted Answer

In a weighted scoring model, a weight is assigned to each criterion based on its importance to the project. Determining weights requires consultation and final agreement. You can assign weights based on percentages; the weights of the criteria must total 100 percent.

Question 8

What process involves identifying and controlling the functional and physical design characteristics of products and their support documentation, and ensures that the descriptions of the project's products are correct and complete?
A) NPV analysis
B) Project management information systems
C) Configuration management
D) Project time management

Accepted Answer

Configuration management ensures that the descriptions of the project's products are correct and complete. It involves identifying and controlling the functional and physical design characteristics of products and their support documentation.

Question 9

_____ involves identifying and managing the points of interaction between various elements of the project.

Accepted Answer

The answer of  _____ involves identifying and managing the points...

Question 10

_____ involves coordinating all of the other project management knowledge areas throughout a project's life cycle.

Accepted Answer

The answer of  _____ involves coordinating all of the other...

Question 11

Which section of the project management plan includes external interfaces, internal structure, as well as roles and responsibilities?
A) overview
B) technical processes
C) project organization
D) supporting processes

Accepted Answer

The project organization section of the project management plan includes external interfaces, internal structure, as well as roles and responsibilities.

Question 12

An IT company revises its process parameters in response to complaints from vendors that products were not ready on time. Which is this an example of?
A) cost forecasting
B) a preventive action
C) defect repairs
D) a corrective action

Accepted Answer

Corrective actions should result in improvements in project performance.

Question 13

Which term is used for a formal, documented process that describes when and how official project documents may be modified, the people authorized to make modifications, and the paperwork required for these changes?
A) WBS
B) project charter
C) performance report
D) change control system

Accepted Answer

A change control system is a formal, documented process that describes when and how official project documents may be changed. It also describes the people authorized to make changes, the paperwork required for these changes, and any automated or manual tracking systems the project will use.

Question 14

_____ involves determining long-term objectives by analyzing the strengths and weaknesses, studying opportunities and threats, predicting future trends, and projecting the need for new products and services.

Accepted Answer

The answer of  _____ involves determining long-term objectives by analyzing...

Question 15

What document used to coordinate all project planning documents and help guide a project's execution and control?
A) project management plan
B) statement of work
C) scope statement
D) business case

Accepted Answer

A project management plan is a document used to coordinate all project planning documents and help guide a project's execution and control.

Question 16

Which document recognizes the existence of a project and provides direction on the project's objectives and management?
A) stakeholder register
B) risk register
C) directive
D) project charter

Accepted Answer

A project charter is a document that formally recognizes the existence of a project and provides direction on the project's objectives and management.

Question 17

Which section of the project management plan provides the planned cost of deliverables?
A) objectives
B) budget
C) risk
D) technical

Accepted Answer

The budget section of the plan provides the planned cost of the deliverables.

Question 18

Which process is undertaken to reduce the probability of negative consequences associated with project risks?
A) Performance reports
B) Preventive actions
C) Defect repairs
D) Corrective actions

Accepted Answer

Preventive actions reduce the probability of negative consequences associated with project risks. The problem has not yet occurred. Measures are taken so that problems do not occur.

Question 19

A(n) _____ involves analyzing a company's strengths, weaknesses, opportunities, and threats, and is used to aid in strategic planning.

Accepted Answer

The answer of  A(n) _____ involves analyzing a company's strengths,...

Question 20

What is the majority of time on a project is usually spent on?
A) execution
B) planning
C) closing
D) monitoring and controlling

Accepted Answer

The majority of time on a project is usually spent on execution, as is most of the project's budget.

Quiz 4: Project Integration Management

Which section of the project management plan describes specific methodologies a project might use and explains how to document information?

A project's internal rate of return can be determined by finding what discount rate results in an NPV of what value for the project?

Which information is included in a business case?

Which is an example of an organizational process asset?

What actions result in improvements in project performance?

Which section of the project plan lists the planned dates for completing key deliverables?

In a weighted scoring model, what percent must the sum of the weights of all the criteria total?

What process involves identifying and controlling the functional and physical design characteristics of products and their support documentation, and ensures that the descriptions of the project's products are correct and complete?

_____ involves identifying and managing the points of interaction between various elements of the project.

_____ involves coordinating all of the other project management knowledge areas throughout a project's life cycle.

Which section of the project management plan includes external interfaces, internal structure, as well as roles and responsibilities?

An IT company revises its process parameters in response to complaints from vendors that products were not ready on time. Which is this an example of?

Which term is used for a formal, documented process that describes when and how official project documents may be modified, the people authorized to make modifications, and the paperwork required for these changes?

_____ involves determining long-term objectives by analyzing the strengths and weaknesses, studying opportunities and threats, predicting future trends, and projecting the need for new products and services.

What document used to coordinate all project planning documents and help guide a project's execution and control?

Which document recognizes the existence of a project and provides direction on the project's objectives and management?

Which section of the project management plan provides the planned cost of deliverables?

Which process is undertaken to reduce the probability of negative consequences associated with project risks?

A(n) _____ involves analyzing a company's strengths, weaknesses, opportunities, and threats, and is used to aid in strategic planning.

What is the majority of time on a project is usually spent on?