Project Management Professional (PMP)
Exam Questions And Answers Rated A+
What is project management? - correct answer. The application of knowledge, skills,
tools, and techniques to project activities to meet project requirements
What is a program? - correct answer. A group of related projects, subprograms, and
program activities managed in a coordinated way to obtain benefits not available from
managing them individually.
What is a portfolio? - correct answer. projects, programs, subportfolios, and
operations managed as a group to achieve strategic business objectives
What is a PMO? - correct answer. An organizational structure that standardizes the
project related governance and facilitates the sharing of resources, methodologies,
tools, and techniques.
What is a constraint? - correct answer. A limiting factor that affects the execution of
a project, program, portfolio, or process.
What is a stakeholder? - correct answer. An individual, group, or organization that
may affect, be affected by, or perceive itself to be affected by a decision, activity, or
outcome of a project.
What is a project management system? - correct answer. The aggregation of the
processes, tools, techniques, methodologies, resources, and procedures to manage a
project
What are the stages of a product life cycle? - correct answer. Concept, delivery,
growth, maturity, retirement
What is the benefit of portfolio management? - correct answer. Better alignment of
projects and programs with organizational objectives, with the goal being to maximize
the value of the entire portfolio
, What are the common characteristics of project life cycles? - correct answer. The
phases are sequential in nature; they embrace the transfer of technical information from
one phase to another as necessary; costs and staffing levels are usually low at the
beginning, peak somewhere in the middle, drop off rapidly toward the end
When does the life cycle of a product or service begin? - correct answer. At its
conception, it ends with closure. This cycle can begin with an assessment of the product
or service from a business perspective, continue with the hand off to operations, and
end with discontinuation or completion of the product or service.
What are some examples of project stakeholders? - correct answer. Customer or
end user, sponsor, project management office, project manager, project team,
functional managers, operations management, senior management, influences,
performing organization
What are some examples of organizational structures? - correct answer. Organic or
simple, functional (centralized), multi divisional, matrix strong, weak, balanced, project
oriented, hybrid, PMO
What is another name for a functional organization? - correct answer. Traditional
centralized
How is a functional organization organized? - correct answer. In which staff is
grouped by areas of specialization and the project manager has limited authority to
assign work and apply resources.
What are the organizational characteristics of a functional structure? - correct answer.
PM authority: little or none, resource availability: little or none, budget controlled by:
functional manager, role of the project manager: part time, project management admin
staff: part time
In a project oriented organizational structure, who does the project team report to? -
correct answer. The project manager
What are the organizational characteristics of a project oriented structure? - correct
answer. PM authority: high or total, budget controlled by: PM, role of the project
manager: full time, project management admin staff: full time
What are three distinct forms of matrix structures identified by the PMI? - correct
answer. Matrix - weak, matrix - balanced, matrix - strong
What are the overall characteristics of matrix structures? - correct answer. Overall
focus: operations and projects
Authority: two bosses (functional and project manager)
Manager focus: PM control of projects
Employee focus: Split between projects and operations
