Question 1

Statement: The phases and details of most PM methodologies conform to a universal, standard model.

Accepted Answer

Different Project Management (PM) methodologies have unique phases, principles, and practices tailored to various types of projects and industries, meaning there is no universal standard model that fits all.

Question 2

Statement: The aim of the methodology is to ensure that recognized "good" and "best" practices are applied across all projects

Accepted Answer

The answer of Statement: The aim of the methodology is...

Question 3

Statement: One purpose of the PMO is to handle management-related issues in multi-project organizations that individual project managers cannot handle.

Accepted Answer

The PMO (Project Management Office) is designed to provide centralized management and organizational support, especially in multi-project environments, to address issues that are beyond the scope of individual project managers.

Question 4

Statement: The PMO assists in determining the relative allocation of resources among multiple projects.

Accepted Answer

The Project Management Office (PMO) plays a crucial role in resource management, helping to determine how resources are allocated across various projects to ensure efficient use and alignment with organizational goals.

Question 5

Statement: The learning and applying of "project best practices" and "lessons learned" to all projects is one function of the PMO.

Accepted Answer

The PMO (Project Management Office) often has the responsibility to capture, disseminate, and ensure the application of best practices and lessons learned from past projects to improve the management and success of current and future projects.

Question 6

Statement: An important aspect of program management is specific attention to the benefits to be provided to the organization.

Accepted Answer

Program management focuses on aligning multiple projects to achieve the strategic goals and benefits that provide value to the organization.

Question 7

Statement: An important aspect of program management is managing the projects within the program.

Accepted Answer

The answer of Statement: An important aspect of program management...

Question 8

Statement: In a particular program, the program manager and the project manager can be the same person.

Accepted Answer

The answer of Statement: In a particular program, the program...

Question 9

Statement: The program managers approves project plans for conformance to program plans and strategies.

Accepted Answer

Program managers oversee the coordination of multiple projects and ensure they align with the overarching program's goals, which includes approving project plans for their conformance to the program's plans and strategies.

Question 10

List three methods of explicit knowledge management for projects

Accepted Answer

The answer of List three methods of explicit knowledge management...

Question 11

List three methods of tacit knowledge management for projects

Accepted Answer

The answer of List three methods of tacit knowledge management...

Question 12

For each phrase below specify (A or B) whether it pertains to a program (A) or a project (B):
-______ Provides specific deliverables for a specific cost, at a specific date.

Accepted Answer