31. __________ planning should serve as the foundation for deciding which projects to pursue.

(A) Production
(B) Human resource
(C) Strategic
(D) Marketing

32. Project portfolio management addresses ______________________ goals of an organization,

while project management addresses ______________________ goals.
(A) strategic, tactical
(B) tactical, strategic
(C) internal, external
(D) external, internal

33. Which of the following different methods of project management?

(A) PRINCE2
(B) Agile
(C) RUP
(D) All of above

34. A ________ is a document that formally recognizes the existence of a project and provides
direction on the project’s objectives and management
(A) Project charter
(B) Project documents
(C) Project development plan
(D) Project Design Document

35. Project managers must use their -------- skills to handle many challenges that occur during
project execution.
(A) Leadership
(B) Management
(C) Human resource
(D) None

36. Which process group normally requires the most resources and time?
(A) Initiating
(B) Planning
(C) Executing
(D) Monitoring and controlling

37. A document that formally recognizes the existence of a project, is known as

(A) Project Management
(B) Project Managers
(C) Project Charter
(D) All

38. The person who should be in control of the project during project planning is the:
(A) Project manager
(B) Team member
(C) Functional manager
(D) Sponsor

39. Analyzing activity sequences, activity resource estimates, and activity duration estimates to
create the project schedule is called ----------
(A) Activity duration
(B) Activity resource
(C) Schedule development
(D) Schedule control

40. A work breakdown structure, project schedule, and cost estimates are outputs of the _______
process.
(A) Initiating
(B) Planning
(C) Executing
(D) monitoring and controlling

41. Dangers that may and may not occur, but are extremely difficult to identify in advance, is
known as?
(A) Known Risk
(B) Predictable Risk
(C) Unpredictable Risk
(D) None

42. Which from the following represents the correct project cycle?
(A) Planning→Initiating→Executing→Closing
(B) Planning→Executing→Initiating→Closing
(C) Initiating→Planning→Executing→Closing
(D) Initiating→Executing→Planning→Closing

43. ------------- Dependencies can be Defined by the project team; sometimes referred to as soft
logic and should be used with care because they may limit later scheduling options.
(A) Mandatory
(B) External
(C) Discretionary
(D) All of above

44. Which of the following is not a best practice for new product development projects?
(A) aligning projects and resources with business strategy
(B) selecting projects that will take less than two years to provide payback
(C) focusing on customer needs in identifying projects
(D) assigning project managers to lead projects

45. Which of the following is not the part of Activity list?

(A) The activity name
(B) Activity attributes
(C) An activity identifier
(D) Description of Activity

46. Project management is divided in……. process groups

(A) 5
(B) 7
(C) 9
(D) 11

47. -------------- provide a standard format for displaying project schedule information by listing
project activities and their corresponding start and finish dates in a calendar format.
(A) Flow chart
(B) Gantt chart
(C) Bar graph
(D) Line graph

48. If estimates for total discounted benefits for a project are $120,000 and total discounted costs
are $100,000, what is the estimated return on investment (ROI)?
(A) $20,000
(B) $120,000
(C) 20 percent
(D) 120 percent

49. Which of the following formula is used for Schedule Variance?

(A) SV=EV-PV
(B) SV=EV+PV
(C) PV=EV+SV
(D) SV=PV-EV

50. Which of the following statement(s) is/are NOT true?

I. Projects have defined objectives
II. Programs have a larger scope than projects
III. The projects and programs in a portfolio must be directly related
(A) I only
 (B) II only
(C) III only
(D) II and III only

51. A --------- pass determines the late start and finish dates.
(A) Backward
(B) Forward
(C) Upward
(D) Downward

52. ___________ refer(s) to all the work involved in creating the products of the project and the
processes used to create them.
(A) Deliverables
(B) Milestones
(C) Scope
(D) Product development

53. Professional organization of project management includes

(A) project management institute (PMI)
(B) software engineering institute(SEI)
(C) IEEE software engineering group
(D) all of these

54. --------------- the latest time an activity can end without delaying the entire project.
(A) ES
(B) EL
(C) LS
(D) LF

55. Many people use ____________ to have a standard format for preparing various project
management documents.
(A) Methodologies
(B) Templates
(C) project management software
(D) standards

56. A sub discipline of project management in which software projects are planned and organize
is called
(A) project management
(B) software project management
(C) project quality management
(D) Project Cost Management
57. The scope management plan has ---------- steps.
(A) 5
(B) 6
(C) 7
(D) 8

58. Scope ___________ is often achieved by a customer inspection and then sign-off on key
deliverables.
(A) Acceptance
(B) Validation
(C) Completion
(D) close-out

59. Senior managers must make sure projects continue to support current
(A) system needs
(B) project needs
(C) business needs
(D) all of above

60. -------------- approach: review WBSs of similar projects and tailor to your project.
(A) Top to bottom
(B) Bottom to up
(C) Analogy
(D) All of the above