CHAPTER 1:PROJECT MANAGEMENT

FRAMEWORK
Questions:
1. Which of the following is not the feature of a
project?
1. Constrained by limited resources

2. Planned, executed and controlled

3. Creates unique product or service

4. May be ongoing and repetitive

2. In a kick-off meeting for your project, you

provided information to your team members about
the different process groups which will be followed
during project implementation. As per PMI, what
are the project management process groups?

1. Conceptualizing, Initiating, Executing, Monitoring and

Controlling, Closing

2. Initiating, Planning, Executing, Monitoring and

Controlling, Closing

3. Initiating, Verifying, Executing, Monitoring and

Controlling, Closing

4. Initiating, Planning, Executing, Controlling,

Administrative Closure
 3. You are managing the release of a new drug in
the market. Your role is that of a:

1. Functional Manager, because you have good understanding

functional knowledge of the pharmaceutical industry

2. Project Manager, because you are creating a unique

product within specific time schedules

3. Operations Manager, because you have to do several

repetitive tasks

4. Program Manager, because you have to manage several

sub-projects to effectively do your job

4. Your IT company is responsible for making

software virus programs. You are responsible for
managing both the individual product releases and
the co-ordination of multiple releases over time.
Your role is that of a:

1. Program Manager

2. Project Manager

3. Functional Manager

4. Operations Manager
5. In which organization structure does a Project
Manager have maximum influence?
1. Functional Organization

2. Weak Matrix

3. Strong Matrix

4. Projectized Organization

6. Which of the following are the most resistant

to change?
1. Business Requirements

2. Technology

3. People

4. Environment
7. Matrix organizations exhibit features of both
projectized and functional organizations. In a
Weak Matrix organization, the role of a project
manager is that of a:
1. coordinator and expediter

2. project manager with considerable authority

3. support person

4. functional manager

8. You have recently joined as project manager

in a company where they follow a projectized
organization structure. All your team members
work out of the same office - and you have a lot
of independence and authority. All the following
are advantages of a projectized organization
structure except:

1. Loyalty of the project team towards to the project

2. Home for the team-members after the project is completed

3. More effective communication between the team members

4. Efficient Project organization

9. Collectively, project phases are also referred to
as "Project Life Cycle". All the following
statements about project life cycles are correct
EXCEPT:
1. All project life cycles are usually identical

2. The level of risk is highest at the start of the project, and

decreases as the project progresses.

3. Ability of the stakeholders to influence the final

characteristics is highest at the start, and gets progressively
lower as the project continues.

4. Cost and staffing requirements usually peak during the

intermediate phases

10. As a Project Manager for a construction

company, you are responsible for Scope
Definition, Activity Definition, Schedule
Development and Cost Budgeting. These
responsibilities are performed as part of :
1. Closing

2. Concept

3. Planning

4. Controlling
11. Question: As a project manager, you realize
that handling Project Stakeholder expectations is
an important priority. Which statement regarding
project stakeholders is not correct?
1. Negative stakeholders must be ignored if the project has to
be brought to successful completion.

2. Stakeholders have varying levels of responsibility and

authority when participating on a project and these can
change over the project`s life cycle

3. Some key stakeholders include Project Manager,

Performing organization, Project team members, Customer
and Sponsor

4. Stakeholder expectations may be difficult to manage

because stakeholders often have conflicting objectives.

12.Which of the following is not a characteristic

of the Project Life Cycle?

1. Risk and uncertainty is highest at start of the project.

2. Ability of the stakeholders to influence final characteristics

of the projects product increases as the project continues.

3. The project life cycle definition determines which

transitional actions at the beginning and end of the project are
included - so, the project life cycle definition can be a link to
the ongoing operations of the performing organization.

4. Cost and staffing levels are low at the start, higher towards
the end and drop rapidly as the project draws to a conclusion.
13. You are responsible for launch operations of
different NASA satellites. Your role is that of a:
1. Project Manager
2. Project Office
3. Program Manager
4. Functional Manager

14. Which of the following is not a Project

Management Knowledge Area?
1. Project Integration Management
2. Project Procurement Management
3. Project Configuration Management
4. Project Communications Management

15. Project Managers have least power in which

organization structure
1. Matrix
2. Functional
3. Projectized
4. Balanced

16. All the following are examples of projects

EXCEPT:

1. Developing a new product of service

2. Changing the password of one user used for logging into a
bank web-site
3. Running a campaign for political office
4. Implementing a new business procedure or process
17.Organizations performing projects will
usually divide each project into several project
phases to improve management control and
provide for links to the ongoing operations of the
performing organization. Collectively, project
phases are also called:
1. Project Management Life Cycle
2. Project Life Cycle
3. Product Life Cycle
4. Project phases life cycle

18.You are the project manager in a company

which has a balanced matrix organization
structure. So, you should report to the:
1. Functional Manager
2. Program Manager
3. Manager of Project Managers
4. Project sponsor

19. You are a project manager in XYZ company

which has a projectized organization structure.
So, for your projects, all the following statements
are correct EXCEPT:
1. Team members are often collocated
2. There is a "home" for project team members after a project
is completed
3. You have great deal of authority and independence
4. Organizational units (or departments) either report directly
to you(the project manager) or provide support services to the
various projects
20. You are working as a Project Manager in an
organization where your responsibility is to
coordinate activities, but decisions are primarily
made by Management. The organization
structure you are working in is:
1. Weak Matrix
2. Balanced Matrix
3. Functional
4. Strong Matrix

21. Your Director has appointed you as a

Portfolio Manager in the company. Your job will
be:

1. Selecting and supporting projects or program investments

2. Managing groups of projects in a coordinated way
3. Creating unique product, service or result
4. Ensuring that customer requirements are satisfied through
progressive elaboration of projects

22. Your project sponsor has specified that you

have to complete your project within 3 months
with a funding limit of $ 250,000. This is an
example of:

1. Authoritative project management

2. Constraint
3. Assumption
4. Laissez faire management
23. Factors like probability of successfully
completing the project, cost of changes, cost of
error correction etc. are highest:
1. At beginning of the project
2. At end of the project
3. During project implementation
4. Cannot be determined as they are specific to the project

24. A project manager is responsible for

managing project costs and human resources.
Factors like cost and staffing level for a project :
1. Increase with duration of the project
2. Decrease with duration of the project
3. Are low at the start, higher toward the end, and decrease
rapidly as project draws to a conclusion.
4. Cannot be determined as they are specific to the project