Project Management Concepts

Which THREE of the following are responsibilities of a project manager? (Select THREE).

During project execution, a key stakeholder requests additional features that were not originally approved. The project manager is concerned about scope creep. Which type of project constraint is most directly impacted by scope creep?

A project manager is leading a team to develop a new mobile application. The project has a fixed budget and a strict deadline. During the execution phase, the stakeholder requests additional features that were not originally planned. Which project constraint is most directly affected by this request?

In which type of organizational structure does the project manager have the least authority?

A project manager is working in a matrix organization. The project team members report to both the project manager and their functional managers. The project manager has moderate authority and shares resources. This type of matrix is known as:

A project team is developing a new mobile application. During execution, a stakeholder requests additional features that were not in the original scope. The project manager is concerned about scope creep. Which TWO actions should the project manager take to manage this request? (Select TWO).

A project manager is selecting a project from several proposals. The project with the highest Net Present Value (NPV) also has the longest payback period. Which TWO factors should the project manager consider when recommending this project? (Select TWO).

A project manager is evaluating two project proposals. Project A has an initial investment of $100,000 and is expected to generate cash flows of $30,000 per year for 5 years. Project B has an initial investment of $50,000 and cash flows of $20,000 per year for 3 years. Using payback period, which project should be selected?

A project team is using an agile methodology to develop a new feature. The product owner frequently reprioritizes the backlog based on changing customer needs. Which characteristic of agile does this BEST illustrate?

During a project, a stakeholder requests additional features that were not in the original scope. The project manager adds these features without formal change control. This is an example of:

A company wants to select a project based on the time it takes to recover the initial investment. Which project selection method should be used?

A senior manager is comparing two projects for selection. The manager wants to use a method that considers the time value of money. Which TWO project selection methods incorporate the time value of money?

A project manager is leading a software development project with stable requirements and a fixed budget. The team prefers a sequential approach with clear phases. Which methodology is most appropriate?

An organization has multiple projects that are not directly related but are all aimed at achieving the company's strategic goal of expanding into new markets. Which term best describes this collection?

Who is typically responsible for providing the project budget and resources, and for resolving issues that are beyond the project manager's authority?

A project has a budget of $100,000 and a duration of 12 months. After 6 months, the project is 50% complete and has spent $60,000. What is the cost variance?

An organization is evaluating two potential projects. Project A has an NPV of $50,000 and a payback period of 2 years. Project B has an NPV of $40,000 and a payback period of 1.5 years. The organization's policy is to select projects with the highest NPV. Which project should be selected?

During project execution, the project manager notices that the team is adding extra features that were not requested by the customer. This is an example of which common project constraint issue?

Which of the following is NOT a phase in the typical project life cycle?

A project manager is leading a cross-functional team in a matrix organization. The project is experiencing conflicts between team members due to competing priorities from their functional departments. Which THREE techniques should the project manager use to resolve resource conflicts? (Select THREE).

A project manager is closing a project that delivered a new customer relationship management system. Which THREE activities are part of the closing process? (Select THREE).

A project manager is selecting a project selection method. Which TWO methods evaluate the profitability of a project? (Choose TWO.)

A steering committee is reviewing project performance. Which of the following is a key responsibility of the steering committee?

Which TWO of the following are characteristics of a project? (Select TWO).

A project manager is leading a project in an organization that uses a hybrid methodology. The team follows a predictive approach for requirements gathering and design, but uses iterative sprints for development. Which life cycle best describes this project?

A project team is adding extra features to a deliverable that were not requested by the customer, in an effort to improve the product. This practice is known as:

A software development team uses short, time-boxed iterations, daily stand-up meetings, and a prioritized backlog. Requirements are expected to evolve throughout the project. Which project management methodology is being used?

During project selection, an organization evaluates multiple projects using financial methods. Which THREE of the following are commonly used financial project selection methods? (Select THREE).

Which TWO of the following are primary responsibilities of the project manager? (Select two.)

During project execution, a stakeholder requests additional features that were not in the original scope. The project manager identifies this as scope creep. What is the best action for the project manager to take?

A project has a cost performance index (CPI) of 0.8 and a schedule performance index (SPI) of 1.1. What does this indicate?

Which TWO of the following are examples of project constraints? (Select TWO).

Who is responsible for providing the project with resources and removing obstacles that are beyond the project manager's control?

A project manager is leading a software development project in a matrix organization. The project manager shares resources with functional managers. In this type of organizational structure, which of the following BEST describes the project manager's authority?

A project manager is assigned to a project in a strong matrix organizational structure. The project manager has significant authority over the project team, and team members report to both the project manager and their functional managers. Which of the following best describes the project manager's level of authority in this structure?

A company is initiating a project to develop a new mobile application. The project manager needs to secure approval and funding. Which project role is primarily responsible for providing the necessary resources and championing the project?

In which project life cycle phase are project risks identified and a risk management plan created?

A project manager is reviewing the project constraints. The triple constraint traditionally includes scope, time, and cost. However, quality is also often considered a constraint. Which TWO of the following are part of the triple constraint? (Select TWO).

A project manager is leading a project that uses a hybrid methodology. The project has a fixed deadline but the requirements are expected to evolve. Which approach best describes how the PM should handle the project?

Which TWO of the following are key characteristics of a project? (Select TWO).

A project manager is leading a project with a tight budget. The team has completed all required features, but there is some remaining budget. The sponsor suggests adding a few extra features. What are TWO potential issues the project manager should consider before approving? (Choose TWO.)

A project manager is assigned to a new initiative in a matrix organization with a weak matrix structure. The project manager needs to obtain resources from functional departments. The functional managers have authority over their team members' assignments and priorities. What is the most likely challenge the project manager will face in this environment?

A project manager is reviewing the project selection methods for a new initiative. Which TWO of the following are financial project selection methods? (Choose two.)

Which of the following BEST defines a project?

A project manager is selecting a project using financial methods. Which THREE of the following are valid project selection methods? (Select THREE).

Which of the following is an example of gold plating?

A project manager is managing a project in a functional organization. Due to resource constraints, the functional manager often reassigns team members to other tasks. What is the MOST significant challenge the project manager will face?

A project to develop a mobile app is in the executing phase. The project manager uses a Kanban board to track tasks. The team is self-organizing and works in short iterations. The customer is actively involved and provides feedback frequently. Which THREE statements are true about this project?

A project manager is assigned to a new software development project. The requirements are well understood and unlikely to change. Which project management methodology is most appropriate for this project?

A project manager is assigned to a new project with unclear requirements and expects frequent changes. Which project management methodology is most suitable?

A project manager is defining the project life cycle for a construction project where requirements are well-defined and unlikely to change. Which project management methodology is most appropriate for this scenario?

Which of the following is a key responsibility of the project sponsor?

Which project life cycle phase involves formally accepting the project deliverables and releasing resources?

A project manager is using a hybrid methodology. The project has a fixed overall budget and a high-level schedule, but some deliverables are developed iteratively with stakeholder feedback. The team works in two-week sprints for software development, while hardware procurement follows a sequential plan. Which project life cycle is being used?

A project manager is leading an agile project using Scrum. The product owner frequently changes priorities based on customer feedback. Which TWO roles are directly responsible for managing these changes? (Select TWO).

A company is undertaking a one-time initiative to develop a new mobile application with a defined budget, schedule, and scope. Which term best describes this initiative?

A project to build a new office is in the planning phase. The project manager wants to use a methodology that allows for flexibility in design while still having a clear upfront plan for the overall construction. Which approach is BEST?

A project has been completed, and the project manager is conducting a lessons learned session and archiving project documents. Which project life cycle phase is being performed?

A project is in the planning phase. The project manager is determining the sequence of activities and their dependencies. The team uses a technique that represents activities as nodes and shows the logical flow of the project. Which technique is being used?

Which of the following best describes a project?

A project manager is leading a team in an organization where team members are assigned to multiple projects and report to both a functional manager and the project manager. The project manager has moderate authority over the team. Which organizational structure does this describe?

Which of the following is NOT a typical constraint in the triple constraint of project management?

A project sponsor is responsible for providing resources and championing the project. Which of the following is also a primary responsibility of the project sponsor?

A project is experiencing scope creep. Which TWO of the following are effective ways to manage scope creep? (Choose two.)

Which project life cycle phase involves obtaining formal acceptance of the project deliverables?

A project manager is planning a construction project and identifies that the project has a fixed budget and a strict deadline. The sponsor emphasizes that quality cannot be compromised. Which THREE constraints are directly affected when a change request is approved? (Select THREE).

A project is defined as a temporary endeavor undertaken to create a unique product, service, or result. Which of the following BEST describes a key characteristic of a project?

A project sponsor is a key stakeholder. Which of the following is a primary responsibility of the project sponsor?

In a matrix organization, a project manager needs to acquire a team member from a functional department. The functional manager is reluctant to release the resource due to other work. What is the best way for the project manager to address this?

A company is managing multiple projects simultaneously. One project focuses on upgrading the IT infrastructure, another on developing a new customer portal, and a third on training staff on new software. These projects are grouped together because they all contribute to the same strategic goal of digital transformation. According to CompTIA Project+, how is this grouping best described?

A project manager is selecting a methodology for a project with well-understood requirements and low expected change. Which methodology is MOST appropriate?

A project to build a website is expected to take 6 months with a fixed budget. During planning, the team determines that the requirements are well-understood and unlikely to change. Which methodology is most appropriate?

A project manager is evaluating two potential projects. Project A has an NPV of $50,000, and Project B has an NPV of -$10,000. Which project should be selected based on NPV?

Which TWO of the following are characteristics of the planning phase in the project life cycle? (Choose TWO.)

A company is considering a project with an initial investment of $100,000 and expected annual cash inflows of $30,000 for 5 years. The discount rate is 10%. What is the approximate Net Present Value (NPV)? (Present value of annuity factor for 5 years at 10% is 3.791)

Which TWO of the following are examples of gold plating? (Select two.)

A project has a cost performance index (CPI) of 0.8 and a schedule performance index (SPI) of 1.1. What does this indicate about the project's performance?

A project manager is assigned to a new software development project. The requirements are well understood and unlikely to change. The project team is collocated and has experience with similar projects. Which life cycle approach is MOST appropriate for this project?

A company is implementing a new HR system. The project manager wants to ensure that all requirements are gathered up front and the scope is fixed. Which project management methodology is MOST appropriate?

A project is in the planning phase and the team is determining the sequence of activities. Which project life cycle phase follows planning?

A project has a Net Present Value (NPV) of -$5,000. What does this indicate?

In a matrix organization, a project manager is struggling to get resources assigned to project tasks because the functional managers prioritize operational work. Which type of matrix organization is MOST likely in place?

A project manager is assigned to a project in a matrix organization where the functional managers have significant control over team members. The PM has limited authority. This describes which type of matrix?

During project execution, the project team completes a deliverable that exceeds the specified requirements by adding extra features without authorization. This is an example of which concept?

Which project life cycle phase involves obtaining formal acceptance of the project deliverables and releasing project resources?

A company is evaluating two projects. Project A has an NPV of $50,000 and a payback period of 3 years. Project B has an NPV of $40,000 and a payback period of 2 years. Which project should be selected based on NPV?

During project execution, the project manager notices that the development team has been adding extra features that were not requested by the customer. Which of the following describes this behavior?

A project manager is working in an organization where the project team members report to both a functional manager and the project manager. The project manager has moderate authority and shares resource management with functional managers. This is an example of which organizational structure?

A project manager works in an organization where team members report to both a functional manager and a project manager. The project manager has moderate authority and shares resource control with the functional manager. Which type of organizational structure does this describe?

A project sponsor is reviewing a proposal for a new project. The expected cash flows are: Year 0: -$100,000; Year 1: $30,000; Year 2: $40,000; Year 3: $50,000. The discount rate is 10%. Which of the following is the Net Present Value (NPV) of the project?

A project sponsor is reviewing a project that has a Net Present Value (NPV) of -$15,000. What should the sponsor recommend?

A project manager is evaluating the financial viability of several proposed projects. The steering committee wants to select projects that maximize return over time. Which TWO financial metrics should the project manager use to compare long-term profitability? (Select TWO).

In which organizational structure does the project manager have the least authority?

During project initiation, the project sponsor provides the project manager with a document that authorizes the project and assigns the project manager. This document also outlines high-level scope, budget, and timeline. Which document is this?

A project manager is managing a construction project. The scope is well-defined, but the customer is open to minor changes during execution. Which methodology is most suitable?

A project is being planned in a matrix organization. The project manager needs to identify key roles and their responsibilities. Which THREE of the following are typical project roles? (Choose three.)

In which organizational structure does the project manager have the least authority over project resources?

During project execution, a key stakeholder requests a new feature that was not in the original scope. The project manager is concerned about the impact on the schedule and budget. This is an example of:

A project is falling behind schedule. The project manager considers crashing or fast-tracking. Which THREE statements about these techniques are correct? (Select three.)

Which TWO of the following are examples of project constraints? (Select TWO).

A project manager is evaluating two projects. Project A has an initial investment of $50,000 and expected annual returns of $15,000 for 5 years. Project B has an initial investment of $80,000 and expected annual returns of $22,000 for 5 years. Based on payback period, which project should be selected, and what is the payback period for that project?

A project manager is defining the roles and responsibilities for a project. Which TWO of the following are typical responsibilities of the project sponsor? (Select TWO).

Which of the following best describes a program?

During a project, the team adds extra features to a deliverable because they believe it will increase customer satisfaction, even though the features were not specified in the requirements. This is an example of:

A project manager is evaluating two project proposals. Proposal A has an NPV of $50,000 and a payback period of 2 years. Proposal B has an NPV of $30,000 and a payback period of 1.5 years. Which proposal is more financially beneficial based on NPV?

A project manager is assigned to a new software development project with clearly defined requirements and minimal expected changes. Which project management methodology is most appropriate for this scenario?

A project manager is planning a marketing campaign for a new product launch. The campaign has a tight budget and strict deadline. During execution, the marketing team proposes adding a social media component that was not in the original scope. The project manager is concerned about scope creep. Which TWO actions should the project manager take to manage this situation?

A project team is developing a new software product. The product owner frequently changes priorities based on customer feedback. The team needs to adapt quickly and deliver value incrementally. Which project management methodology is most suitable?

Which of the following best defines a project?

A collection of projects and programs managed together to achieve strategic objectives is known as a:

In which organizational structure does a project manager have the highest level of authority?

A project manager is evaluating two potential projects. Project A has an NPV of $50,000, while Project B has an NPV of -$10,000. Which project should the organization select based solely on NPV?

A project manager is reviewing project selection methods. Which method calculates the present value of future cash flows minus the initial investment?

A project manager is assigned to a program that includes multiple projects aimed at digital transformation. Which TWO statements correctly describe the relationship between projects, programs, and portfolios? (Select TWO).

A project has a cost performance index (CPI) of 1.2 and a schedule performance index (SPI) of 0.9. Which of the following statements is TRUE?