Practice Test Geeks(COM) Certified Operations Manager Practice Test
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Project Management Fundamentals Flashcards

7 cards from real COM practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 7 Project Management Fundamentals flashcards as text

  1. A project manager is using a risk probability and impact matrix. What is its primary use?

    Answer: To prioritize risks for further analysis and response planning

    The probability and impact matrix helps rank risks so the project manager can focus attention and resources on the most critical ones.

  2. What is the difference between quality assurance and quality control in project management?

    Answer: QA audits processes to prevent defects; QC inspects deliverables to find defects

    Quality assurance focuses on process audits to prevent defects, while quality control inspects actual deliverables to identify and correct defects.

  3. Which scheduling technique allows the project manager to determine the amount of float on non-critical activities?

    Answer: Critical Path Method (CPM)

    CPM calculates early and late start/finish dates for each activity, from which float (slack) on non-critical path activities is derived.

  4. A project is experiencing frequent scope changes that were not in the original plan. What is this phenomenon called?

    Answer: Scope creep

    Scope creep refers to the uncontrolled expansion of project scope, often without adjustments to time, cost, or resources.

  5. In project procurement, what is the primary advantage of a Fixed-Price (FP) contract for the buyer?

    Answer: Cost risk is transferred to the seller

    Under a Fixed-Price contract, the seller agrees to deliver at a set price, transferring the risk of cost overruns from the buyer to the seller.

  6. What is the purpose of a lessons learned register in project management?

    Answer: To document knowledge gained during the project for future reference

    The lessons learned register captures knowledge about what worked and what did not, so future projects can benefit from current project experience.

  7. A project manager uses fast tracking to compress the project schedule. What does this involve?

    Answer: Performing activities in parallel that were originally planned sequentially

    Fast tracking overlaps activities that would normally be done in sequence, reducing total duration but potentially increasing risk.