Question 1

____ is the initial phase of the project life cycle

Accepted Answer

A)   Needs resolution
B)   Needs identification
C)   Problem generation
D)   Brainstorming

Question 2

A project charter summarizes

Accepted Answer

A)   the project objective.
B)   the detailed description of the project.
C)   the key conditions and parameters of the project.
D)   the funding and contracting of the project.

Question 3

Meeting the acceptance criteria listed in the project charter means the customer is satisfied.

Accepted Answer

A) True 
 B)False

Question 4

The project justification includes the key assumptions for the project.

Accepted Answer

A) True 
 B)False

Question 5

It is fair to meet with potential contractors and provide information about the potential project while developing the RFP.

Accepted Answer

A) True 
 B)False

Question 6

The statement of work in a request for proposal

Accepted Answer

A)   outlines the major tasks or work elements to be performed.
B)   lists the specifications and attributes of the customer's requirements.
C)   states the acceptance criteria for the project's deliverables.
D)   indicates the due date of the proposal.

Question 7

Increasing the public image of the company through a project is an example of

Accepted Answer

A)   an intangible benefit.
B)   a return on investment.
C)   a tangible benefit.
D)   a project task.

Question 8

The project objective should

Accepted Answer

A)   summarize the need and justification for the project.
B)   state what is expected to be accomplished.
C)   state the major end products or items expected to be produced.
D)   be concise and create a vision for the end result of the project.

Question 9

A bidders meeting may be held to

Accepted Answer

A)   clarify the RFP and answer any questions from potential bidders.
B)   provide additional information only to those that attend the meeting.
C)   provide an unfair advantage to those at the meeting.
D)   solicit feedback on the clarity of the RFP to change the project requirements.

Question 10

The RFP must include the customer requirements and the name of the sponsor's designee

Accepted Answer

A) True 
 B)False

Question 11

The project purpose in the project charter may include prior documents for selecting the project.

Accepted Answer

A) True 
 B)False

Question 12

To help solicit the request for proposal, the customer should

Accepted Answer

A)   keep the RFP a secret until the time for soliciting for bids.
B)   only distribute the RFP in newspapers and websites.
C)   identify select contractors that would bid on the project and share the RFP with them.
D)   provide select information to a few companies rather than all that might be interested in submitting a proposal.

Question 13

Surveys of stakeholders can be used to gather only quantitative data.

Accepted Answer

A) True 
 B)False

Question 14

The project description in the project charter is a high-level description of the project and references more detailed documents regarding key performance requirements.

Accepted Answer

A) True 
 B)False

Question 15

The customer requirements are

Accepted Answer

A)   the requirements for the number of contractors to bid on the project.
B)   the acceptance criteria for the project.
C)   the specifications and attributes of the proposed solution.
D)   the major tasks to be completed in the project.

Question 16

The sponsor designee is the project manager of the project.

Accepted Answer

A) True 
 B)False

Question 17

The project title should be a code word even if the project is not confidential.

Accepted Answer

A) True 
 B)False

Question 18

Deliverables for the project are

Accepted Answer

A)   the tangible items that the contractor is to provide.
B)   the key milestones to meet.
C)   products such as an increase in employee morale or improved company image.
D)   key elements of the evaluation criteria for deciding what project to select.

Question 19

A contract might be for time and materials, in which case the customer will pay the contractor a fixed amount regardless of how much the work actually costs the contractor.

Accepted Answer

A) True 
 B)False

Question 20

Unexpected events are reasons for an organization to decide to initiate a project.

Accepted Answer

A) True 
 B)False

Exam 2: Identifying and Selecting Projects

Meeting the acceptance criteria listed in the project charter means the customer is satisfied.

Correct AnswerverifiedShow Answer

Unexpected events are reasons for an organization to decide to initiate a project.

Correct AnswerverifiedShow Answer

The project justification includes the key assumptions for the project.

Correct AnswerverifiedShow Answer

The statement of work in a request for proposal

Correct AnswerverifiedShow Answer

The customer requirements are

Correct AnswerverifiedShow Answer

The sponsor designee is the project manager of the project.

Correct AnswerverifiedShow Answer

A bidders meeting may be held to

Correct AnswerverifiedShow Answer

Surveys of stakeholders can be used to gather only quantitative data.

Correct AnswerverifiedShow Answer

____ is the initial phase of the project life cycle

Correct AnswerverifiedShow Answer

The RFP must include the customer requirements and the name of the sponsor's designee

Correct AnswerverifiedShow Answer

A contract might be for time and materials, in which case the customer will pay the contractor a fixed amount regardless of how much the work actually costs the contractor.

Correct AnswerverifiedShow Answer

A project charter summarizes

Correct AnswerverifiedShow Answer

Increasing the public image of the company through a project is an example of

Correct AnswerverifiedShow Answer

The project objective should

Correct AnswerverifiedShow Answer

It is fair to meet with potential contractors and provide information about the potential project while developing the RFP.

Correct AnswerverifiedShow Answer

The project title should be a code word even if the project is not confidential.

Correct AnswerverifiedShow Answer

The project purpose in the project charter may include prior documents for selecting the project.

Correct AnswerverifiedShow Answer

The project description in the project charter is a high-level description of the project and references more detailed documents regarding key performance requirements.

Correct AnswerverifiedShow Answer

Deliverables for the project are

Correct AnswerverifiedShow Answer

To help solicit the request for proposal, the customer should

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified