General Project Management Fundamentals 2

Question 1

Which project management process group is responsible for authorizing a new project or phase?

Accepted Answer

Initiating

Answer

Planning

Answer

Executing

Answer

Closing

Question 2

A project manager notices the critical path has changed after a scope change. What should they update first?

Accepted Answer

Schedule baseline

Answer

Risk register

Answer

Stakeholder register

Answer

Quality management plan

Question 3

What is the term for the approved version of the project scope statement, WBS, and WBS dictionary?

Accepted Answer

Scope baseline

Answer

Project charter

Answer

Requirements traceability matrix

Answer

Project management plan

Question 4

During project execution, a team member suggests a better technical approach that was not in the original plan. What is the BEST first action?

Accepted Answer

Submit a formal change request

Answer

Implement the change immediately to save time

Answer

Ignore the suggestion to avoid scope creep

Answer

Escalate to the project sponsor

Question 5

Which estimating technique uses a weighted average of optimistic, pessimistic, and most likely estimates?

Accepted Answer

Three-point estimating (PERT)

Answer

Analogous estimating

Answer

Parametric estimating

Answer

Bottom-up estimating

Question 6

What does a negative Schedule Variance (SV) indicate?

Accepted Answer

The project is behind schedule

Answer

The project is under budget

Answer

The project is ahead of schedule

Answer

The project has exceeded scope

Question 7

Which document formally closes a project or phase and is signed by the project sponsor or customer?

Accepted Answer

Project closure document

Answer

Lessons learned register

Answer

Project charter

Answer

Final project report