Business Certifications Project Management 2

Question 1

What is a RACI matrix used for in project management?

Accepted Answer

Defining roles and responsibilities for project tasks

Answer

Tracking project risks and their probability

Answer

Measuring cost performance against the baseline

Answer

Scheduling project activities and milestones

Question 2

What does 'scope creep' refer to in project management?

Accepted Answer

Unauthorized or uncontrolled expansion of project scope

Answer

Gradual reduction of project deliverables over time

Answer

The formal process of adding new features with approval

Answer

Scope reduction imposed due to budget constraints

Question 3

Which project management methodology uses iterative time-boxed cycles called sprints?

Accepted Answer

Agile/Scrum

Answer

Waterfall

Answer

PRINCE2

Answer

Critical Path Method (CPM)

Question 4

What does the Cost Performance Index (CPI) indicate when its value is greater than 1.0?

Accepted Answer

The project is under budget relative to work completed

Answer

The project is behind schedule

Answer

The project is over budget relative to work completed

Answer

The project has exceeded its defined scope

Question 5

What is a project assumption in project management?

Accepted Answer

A factor considered to be true without proof, used for planning purposes

Answer

A confirmed fact about the project environment

Answer

A documented project risk with an assigned probability

Answer

A constraint formally imposed by the project sponsor

Question 6

In project quality management, what is a quality audit?

Accepted Answer

A structured, independent review of project quality activities and results

Answer

A review of the project budget for cost overruns

Answer

A process to gather and document new project requirements

Answer

A meeting to address team performance issues

Question 7

What is the primary goal of a project kickoff meeting?

Accepted Answer

To align stakeholders on project objectives, roles, and expectations

Answer

To finalize the project budget and resource allocations

Answer

To review and formally approve all project deliverables

Answer

To identify and log all initial project risks