Project

management
section 3
 What does a portfolio primarily
consist of?
a) Only projects
b) Only programs
MCQ 1 c) Projects, programs,
subsidiary portfolios, and
operations
d) Only subsidiary portfolios

Answer: c
 Who is responsible for selecting
and analyzing projects from a
strategic perspective?
a) Project Manager
MCQ 2 b) Program Manager
c) Portfolio Manager
d) Operations Manager

Answer: c
 What is the primary role of a
Project Portfolio Manager?
a) Managing individual projects
b) Having a detailed view of all
tasks in a project
MCQ 3 c) Having a "Birds Eye View" on all
projects and programs
d) Coordinating between different
project teams

Answer: c
 What is a program primarily defined
as?
a) A temporary endeavor to achieve
a unique result
b) A group of related projects
MCQ 4 managed in a coordinated manner
c) A collection of strategic objectives
d) A set of operations managed as a
group

Answer: b
 Who oversees programs and
often acts as superiors for
project managers?
a) Portfolio Managers
MCQ 5 b) Operations Managers
c) Program Managers
d) Project Sponsors

Answer: c
 How is a project primarily defined?
a) A permanent endeavor to
achieve strategic objectives
b) A group of related projects

MCQ 6 c) A temporary endeavor to create

a unique product, service, or result
d) A set of operations managed as
a group

Answer: c
 A portfolio is defined only
True/False by the projects it contains.
1
Answer: False
 Portfolio managers are
responsible for the day-to-
True/False day management of
individual projects.
2
Answer: False
 The portfolio manager
continuously evaluates the
organization's projects and
True/False may remove those that no
longer serve the
3 organization.

Answer: True
 Program management
focuses on obtaining
benefits and control by
True/False managing projects
4 individually.

Answer: False
 The main difference
between a portfolio and a
program is that a program
True/False only includes related
5 projects.

Answer: True
 A project is a permanent
endeavor with a fixed
True/False outcome.
6
Answer: False
 Project management
comprises 4 main
components that, when
effectively managed, result
True/False in project successful
7 completion.

Answer: (False)
3 main components.
 A project process is the
series of phases that a
True/False project passes through from
its start to its completion.
8
Answer: ✓ (True)
 A phase gate is held at the
end of a phase to assess
the project's performance
True/False and progress, and then a
9 decision is made.

Answer: ✓ (True)
 Each Project Management
Knowledge Areas include
numerous project
management processes. The
True/False total number of processes
10 covered by knowledge areas
is 45.

Answer: x (False)
47
 .......... is defined as a group of
related projects, and program
activities managed in a
coordinated manner to obtain
benefits.
MCQ 7 a. portfolio.
b. Program.
c. Project.
d. Operation.

Answer: Program.
 .......... is a collection of logically related
project activities that culminate in the
completion of one or more deliverables.

a-WBS.

MCQ 8 b-project output.

c-milestone.

d-project phase.

Answer: project phase.

 It is the third phase of Project
management process groups.

a- project planning.

MCQ 9 b-project initiation

c- monitoring & control

d-project execution

Answer: d. project execution

 .......... checkpoints in the project plan that
mark important events, dates, decisions,
and deliverables.

a-WBS.

MCQ 10 b-project out put.

c-milestones.

d-project phase.

Answer: c. milestones.
 What is the primary purpose of
conducting a feasibility study in
the initiation phase of a project?
a) Determine the budget

MCQ 11 b) Identify project requirements

c) Evaluate project viability
d) Assign project team
members

Answer: c
 Which of the following is NOT
a component of project
management?
a) Time management
MCQ 12 b) Cost management
c) Quality management
d) Personal management

Answer: d
 During which phase of the
project lifecycle are project
tasks executed and completed?
a) Initiation
MCQ 13 b) Planning
c) Execution
d) Closure

Answer: c
 The project lifecycle
includes Initiation,
Planning, Execution,
True/False Monitoring & Controlling,
11 and Closure.

Answer: True
 All projects, regardless of
their nature or industry,
True/False follow the same project
management processes.
12
Answer: False
 A project portfolio refers to
a collection of projects that
True/False are managed and executed
individually.
14
Answer: True
 The main purpose of the
project initiation phase is to
True/False start the execution of
project tasks.
9
Answer: False
 A project's scope statement
provides a detailed
True/False description of the project
and its deliverables.
10
Answer: True