1.The term that is used to reflect how organizations oversee their project management systems is:
A)Project administration
B)Fiduciary responsibility
C)Management
D)Oversight
E)Project regulation
2.Typical activities of project oversight cover which of the following dimensions?
A)Organization
B)Project
C)Customer
D)Both A and B are
E)All the above are
3.The importance of the increase in project oversight to today's project manager includes all of the following except:
A)Increase in expected profits from projects
B)Increased interest in supporting and helping the project manager
C)Impact on the environment in which the project will be implemented
D)Impact on how the project manager's performance will be measured
E)The reporting of project progress to an oversight group
4.The centralized management of projects to ensure that the allocation of resources to projects is directed toward projects that contribute the greatest value to organization goals is known as:
A)Portfolio Project Management
B)Project Office Management
C)Project Management Optimization
D)Project Priority Matrix Management
E)Resource Allocation Optimization
5.Project Management Office functions typically include all of the following except:
A)Establish standardized project planning and reporting methodologies
B)Audit ongoing and recently completed projects
C)Provide in-house project management consulting
D)Select which projects to undertake
E)All of these are typically included
6.The in-depth review of individual projects at specific phases in the project life cycle is known as:
A)Project Assessment Checkpoint Reviews
B)Go/Kill Decision Review Methodology
C)Phase Gate Methodology
D)Stargate Review Methodology
E)None of these are
7.The abridged, generic phase gated process includes how many Go/Kill decision points?
A)Three
B)Four
C)Five
D)Six
E)Seven
8.During which of the following phase gates would the question of "What are the project's ROI and/or non-financial benefits?" be answered?
A)Proposal
B)Selection
C)Implementation
D)Progress
E)Closure
9.During which of the following phase gates would the question of "Are time, costs, and scope performances within acceptable limits?" be answered?
A)Proposal
B)Screening and selection
C)Implementation
D)Progress evaluation
E)Closure
10.The first appearance of standard approaches to managing projects including scope statements and WBS occurs in which of the following Maturity Model Levels?
A)Ad Hoc Project Management
B)Formal Application of Project Management
C)Institutionalization of Project Management
D)Management of Project Management System
E)Optimization of Project Management System
11.Project audits are performed on all significant projects and lessons learned are recorded and used on subsequent projects occurs in which of the following Maturity Model Levels?
A)Ad Hoc Project Management
B)Formal Application of Project Management
C)Institutionalization of Project Management
D)Management of Project Management System
E)Optimization of Project Management System
12.An informal culture that values improvement drives the organization, not policies and procedures occurs in which of the following Maturity Model Levels?
A)Ad Hoc Project Management
B)Formal Application of Project Management
C)Institutionalization of Project Management
D)Management of Project Management System
E)Optimization of Project Management System
13.The development of a system for managing multiple projects that are aligned with strategic goals is established in which of the following Maturity Model Levels?
A)Ad Hoc Project Management
B)Formal Application of Project Management
C)Institutionalization of Project Management
D)Management of Project Management System
E)Optimization of Project Management System
14.The balanced scorecard model differs from selection models by reviewing projects over
A)1-3 years
B)2-4 years
C)4-7 years
D)5-10 years
E)10-15 years
15.Which of the following is not one of the four performance goals measures in the scorecard model
A)customer
B)internal
C)financial measures
D)industry standards
E)innovation and learning