Project Management Progression - Qp1 | Attempts: 152

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| By Jackson Matthews

Jackson Matthews

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Quizzes Created: 588 | Total Attempts: 699,834

Questions: 10 | Attempts: 152 | Updated: Mar 20, 2023

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Project Management Progression - Qp1 - Quiz

Question paper one for the project management course is one that worries a lot of students this can either be to the fact that it is their first one or just because it is an exam. Below is a practice exam on project management progression why don’t you give it a try and see which chapters you should read more on.

Questions and Answers

1.

A project is something that takes place in organisations all the time.
- A.
  
  True
- B.
  
  False
Correct Answer
B. False

Explanation
This statement is false because not all organizations have projects that take place all the time. While projects are common in many organizations, they are not constantly occurring in every organization. Some organizations may have projects that occur infrequently or only during specific periods. Therefore, the statement that projects take place in organizations all the time is incorrect.

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2.

Project management is the art – or perhaps the science – of managing the resources and time and controlling the quality to meet the objectives of the project.
- A.
  
  True
- B.
  
  False
Correct Answer
A. True

Explanation
Project management involves the coordination and organization of resources, time, and quality control in order to achieve the goals and objectives of a project. It requires a systematic approach and the application of various techniques and methodologies. Therefore, the statement that project management is the art or science of managing resources, time, and quality to meet project objectives is true.

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3.

Principles of successful project management includes: (Select four)
- A.
  
  Clear, agreed goals
- B.
  
  Clearly identified shareholders
- C.
  
  Availability of required skills and experience
- D.
  
  Desire for the project to succeed
- E.
  
  A clear view of what success looks like
- F.
  
  A clear view of what success looks like
Correct Answer(s)
A. Clear, agreed goals
C. Availability of required skills and experience
D. Desire for the project to succeed
E. A clear view of what success looks like
F. A clear view of what success looks like

Explanation
The principles of successful project management include having clear, agreed goals to provide direction and focus for the project. Availability of required skills and experience is important to ensure that the project team has the necessary capabilities to execute the project effectively. The desire for the project to succeed is crucial as it motivates the team to put in their best efforts. A clear view of what success looks like helps in setting realistic expectations and measuring the project's progress and achievements.

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4.

It is important that management of the project is unequivocal.
- A.
  
  True
- B.
  
  False
Correct Answer
B. False

Explanation
The statement says that it is important for the management of the project to be unequivocal. However, this is not necessarily true. While clear and decisive management is generally beneficial for a project's success, it is not always essential or the most important factor. Other factors such as effective communication, teamwork, and problem-solving skills are also crucial for project management. Therefore, the statement is false.

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5.

Projects have a natural life cycle, which consist of five main stages.
- A.
  
  True
- B.
  
  False
Correct Answer
B. False

Explanation
Projects have a natural life cycle, which typically consist of five main stages: initiation, planning, execution, monitoring and control, and closure. However, the given statement is false because the number of stages in a project life cycle can vary depending on the methodology or framework being used. Some methodologies may have fewer or more stages, while others may have different names for the stages. Therefore, the statement that projects have a natural life cycle consisting of five main stages is not entirely accurate.

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6.

The traditional approach to project management has a number of stages that the project goes through.
- A.
  
  True
- B.
  
  False
Correct Answer
A. True

Explanation
The traditional approach to project management indeed consists of several stages that the project goes through. These stages typically include initiation, planning, execution, monitoring and controlling, and closing. Each stage has its own set of activities and deliverables, which help ensure that the project progresses smoothly and is completed successfully. By following this approach, project managers can effectively manage resources, track progress, identify and mitigate risks, and ensure that the project meets its objectives.

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7.

PRINCE2 is built around seven processes which includes: (Select five)
- A.
  
  Starting the project
- B.
  
  Directing the project
- C.
  
  Idealising the project
- D.
  
  Controlling a project stage
- E.
  
  Managing product decisions
- F.
  
  Managing a stage boundary
- G.
  
  Closing the project
Correct Answer(s)
A. Starting the project
B. Directing the project
D. Controlling a project stage
F. Managing a stage boundary
G. Closing the project

Explanation
PRINCE2 is a project management methodology that is built around seven processes. These processes are Starting the project, Directing the project, Controlling a project stage, Managing a stage boundary, and Closing the project. These processes are essential for effective project management and ensure that the project is initiated, directed, monitored, and closed in a controlled and organized manner. The other options mentioned in the question, Idealising the project and Managing product decisions, are not part of the seven processes of PRINCE2.

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8.

______ is a way of modelling uncertainty in projects and analysing chains of events that can affect a project.
- A.
  
  Critical Chain Project Management
- B.
  
  Event Chain Methodology
- C.
  
  Agile Project Management
- D.
  
  Lean Project Management
Correct Answer
B. Event Chain Methodology

Explanation
Event Chain Methodology is a way of modelling uncertainty in projects and analyzing chains of events that can affect a project. This approach involves identifying and analyzing potential events or risks that can impact the project schedule, and then developing strategies to mitigate these risks. By considering the various events and their probabilities, project managers can better understand and manage uncertainties, leading to improved project planning and decision-making.

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Current Version
Mar 20, 2023

Quiz Edited by
ProProfs Editorial Team
Jul 08, 2014

Quiz Created by
Jackson Matthews

Project Management Progression - Qp1

A project is something that takes place in organisations all the time.

Project management is the art – or perhaps the science – of managing the resources and time and controlling the quality to meet the objectives of the project.

Principles of successful project management includes: (Select four)

It is important that management of the project is unequivocal.

Projects have a natural life cycle, which consist of five main stages.

The traditional approach to project management has a number of stages that the project goes through.

PRINCE2 is built around seven processes which includes: (Select five)

______ is a way of modelling uncertainty in projects and analysing chains of events that can affect a project.