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CAPM Exam Study Guide- Chapter 2 review

Chapter 2 review

PMP Exam Study Guide- Chapter 2 review Copy

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Question 1 of 15

1. Question
Based on the PMI definition, which of the following would not be considered a project?
- Running an election campaign for a political candidate
- Building a bridge over a river to add a new transportation route
- Piloting aircraft for a commercial airline with global reach
- Writing a book on project management
Correct

Incorrect
Question 2 of 15

2. Question
The product life cycle differs from the project life cycle in that a project life cycle:
- Produce multiple projects within it
- Will differ by industry
- Does not use a methodology
- Dictates the project management activities to be used
Correct

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Question 3 of 15

3. Question
A project is:
- A set of sequential activities performed in a process or system
- A revenue-generating activity that needs to be accomplished while achieving customer satisfaction
- An ongoing endeavor undertaken to meet customer or market requirements
- A temporary endeavor undertaken to create a unique product, service, or result
Correct

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Question 4 of 15

4. Question
Project management is:
- The integration of the critical path method and the earned value management system
- The application of knowledge, skills, tools, and techniques to project activities to meet project requirements
- The application of knowledge, skills, wisdom, science, and art to organizational activities to achieve operational excellence
- A subset of most engineering and other technical disciplines
Correct

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Question 5 of 15

5. Question
Managing a project includes:
- Balancing the competing demands for quality, scope, time, and cost
- Integrating requirements of profitability, low cost, and legal responsibility
- Implementation of software, hardware, and other systems to enhance organizational efficiency
- Supporting human factors, communications, discipline, and performance management
Correct

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Question 6 of 15

6. Question
A program is a:
- Group of related tasks lasting one year or less
- Group of related projects managed in a coordinated way
- Project with a cost over $1 million
- Sequence of steps constituting a project
Correct

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Question 7 of 15

7. Question
Organizations perform work to achieve a set of objectives. All of the following are true about projects and operations work except:
- Both projects and operations are constrained by limited resources
- Operations are ongoing and repetitive, while projects are temporary and unique
- Both projects and operations are planned, executed, and controlled
- All activities in the organization can be addressed within the organization’s normal operational limits. Therefore, projects are rarely utilized as a means of achieving an organization’s strategic plan.
Correct

Incorrect
Question 8 of 15

8. Question
Project managers or the organization can divide projects into phases. Collectively, these phases are known as the:
- Project waterfall
- Project life cycle
- Project life stages
- Project life quality circle
Correct

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Question 9 of 15

9. Question
In understanding the project environment, all of the following are true except:
- Projects are planned and implemented in a social, economic, and environmental context
- Projects may have intended positive and/or negative impacts
- Projects may have unintended positive and/or negative impacts
- The project team rarely should consider the political and physical environmental contexts of the project
Correct

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Question 10 of 15

10. Question
In considering project stakeholders, the project management team must do all of the following except:
- As much as possible, create conflicts among stakeholders to allow the project team to get its work done
- Identify the stakeholders
- Determine the stakeholders’ requirements and expectations
- To the extent possible, manage stakeholders’ influence in relation to the requirements to ensure a successful project
Correct

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Question 11 of 15

11. Question
The project manager is more likely to have a full-time role in what type of an organization?
- Functional
- Weak matrix
- Strong matrix
- Small capitalization
Correct

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Question 12 of 15

12. Question
Your friend has been hired as a project manager at a new company. She has very little project experience but has been assigned a new project. The organization she will be working in is a matrix organization. She can expect communications to be:
- Complex
- Non-automated
- Open
- Easy
Correct

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Question 13 of 15

13. Question
The term “progressive elaboration” refers to:
- Constantly changing project scope
- Adding detail to project deliverables as the project moves from phase to phase
- Letting team members make scope changes without customer approval
- None of the above
Correct

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Question 14 of 15

14. Question
You have been assigned a project with a very tight timeline and limited resources. When assigned the project and the team, you are concerned about delivering on-time. What is the first thing you do?
- Document your concerns and submit those concerns to your manager and the sponsor
- Evaluate the potential schedule implications and concerns with your project team
- Refuse the project as the defined timeline makes the project impossible
- Escalate to the sponsor immediately to identify flexibility with the schedule
Correct

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Question 15 of 15

15. Question
Janelle Wright has approached you with a project opportunity. She explains that you will be responsible for delivering one component of the organization’s new product. The other components will be developed by other project managers within the group. What is your primary concern?
- You are concerned that you may not have enough knowledge of the particular component
- You are concerned that you are friends with Janelle and it may not be appropriate to work with her
- You are concerned that you will not have enough resources given that there are other project managers involved
- You are concerned that there are dependencies between the projects, rolling up to Janelle’s program
Correct

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