CBM Project Management

Question 1

What is the primary purpose of a project charter?

Accepted Answer

To formally authorize the project and grant the project manager authority

Answer

To define the project budget in detail

Answer

To list all project team members and their responsibilities

Answer

To outline the project's communication plan

Question 2

Which project management methodology emphasizes iterative development through short time-boxed cycles called sprints?

Accepted Answer

Agile/Scrum

Answer

Waterfall

Answer

PRINCE2

Answer

Critical Path Method

Question 3

What does WBS stand for in project management?

Accepted Answer

Work Breakdown Structure

Answer

Work Budget Schedule

Answer

Weekly Budget Summary

Answer

Workflow Balancing System

Question 4

The Critical Path Method (CPM) is primarily used to:

Accepted Answer

Identify the longest sequence of dependent tasks that determines project duration

Answer

Calculate the total project budget

Answer

Allocate human resources to project tasks

Answer

Monitor project quality standards

Question 5

What is the primary function of a Gantt chart?

Accepted Answer

To visually represent the project schedule with tasks plotted on a timeline

Answer

To display the project budget over time

Answer

To track project risks and issues

Answer

To show the organizational hierarchy of the project team

Question 6

What is scope creep in project management?

Accepted Answer

The unauthorized or uncontrolled expansion of project scope beyond what was agreed

Answer

The gradual reduction of project scope due to budget cuts

Answer

The process of formally documenting project requirements

Answer

A technique for estimating project costs

Question 7

According to the PMBOK framework, which process group comes immediately after Planning?

Accepted Answer

Executing

Answer

Initiating

Answer

Monitoring and Controlling

Answer

Closing