Expert answer:W1 Quiz 10 Multiply choice

Solved by verified expert:Question 1 The PMP exam is a challenging and expansive in terms of the knowledge required to pass the exam. To begin to prepare to sit for the exam, each individual should develop a? Set of cheat sheets for creating projects. Strategic plan to learn, understand, and apply knowledge across 10 knowledge areas. Project lifecycle plan that captures all information needed to execute a successful project. Project integration and framework plan to cover knowledge across all 10 knowledge areas. Question 2 A project is a temporary and unique effort. Projects are typically efforts that do not? Fall into the category of normal operations. Require a large team and support staff. Require a span of control beyond the immediate organization. Offer opportunities for advancement. Question 3 A deliverable is? A way to address the unique features and requirement s of the project. A product, service, or results created by project efforts. The physical structures that surround the project team and project efforts. The process of gathering project details. Question 4 A central office that typically oversees multiple projects and provides added support for all projects and PMs? Project Management Office (PMO) Project Management Professional (PMP) Life Cycle Development Office (LCDO) Project Portfolio Management (PPM) Question 5 Market demand is often discussed during the conception of a project. What is a market demand driven project? Project that is being built as a service that may have a market A project that is based on market research showing market need/demand A project driven by the need for a new product line by an existing mature organization. A project that incorporates a product that has a service component Question 6 The project life cycle is the process that creates a product – for example a software or hardware product. Which of the following is not a project life cycle characteristics? A Cost are typically low at the beginning of the project Stakeholders have the most influence early in the project Phases are typically sequential Most of the project requirements are not known Question 7 Projects sometime go off the chart, encounter difficulties, or are cancelled if a better opportunity presents itself. This is common in projects that develop new products or services. Projects are typically killed at specific points including: At the end of a phase or gate When money runs out In the middle of a phase or stage When sponsors and stakeholders collide in terms of scope Question 8 Stakeholders include almost anyone that is involved in a project. All of the following are key stakeholder except? Functional management Sellers and business partners PMO Competitors Question 9 Stakeholder Management is the newest of the 10 knowledge areas identified by PMI. What is the first step in stakeholder management as related to a specific project? Determining communication plan for all stakeholders Working with the marketing department to define the project Identification of all stakeholders Identifying organizational influences Question 10 Culture is evident in all organizations. Cultural norms describe , structure, and style of an organization. All of the following are examples of cultural norms except? View of authority Shared values Work hours Matrix

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