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Questions & Answers for the PMBOK Guide - Fifth Edition PDF

231 Pages·2016·0.85 MB·English
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Q & As FOR THE ® PMBOK GUIDE FIFTH EDITION Edited by: Frank T. Anbari, PhD, PMP ISBN: 978-1-935589-85-3 Published by: Project Management Institute, Inc. 14 Campus Boulevard Newtown Square, Pennsylvania 19073-3299 USA Phone: +610-356-4600 Fax: +610-356-4647 Email: [email protected] Internet: www.PMI.org ©2013 Project Management Institute, Inc. All rights reserved. “PMI”, the PMI logo, “PMP”, the PMP logo, “PMBOK”, “PgMP”, “Project Management Journal”, “PM Network”, and the PMI Today logo are registered marks of Project Management Institute, Inc. The Quarter Globe Design is a trademark of the Project Management Institute, Inc. For a comprehensive list of PMI marks, contact the PMI Legal Department. PMI Publications welcomes corrections and comments on its books. Please feel free to send comments on typographical, formatting, or other errors. Simply make a copy of the relevant page of the book, mark the error, and send it to: Book Editor, PMI Publications, 14 Campus Boulevard, Newtown Square, PA 19073-3299 USA. To inquire about discounts for resale or educational purposes, please contact the PMI Book Service Center. PMI Book Service Center P.O. Box 932683, Atlanta, GA 31193-2683 USA Phone: 1-866-276-4764 (within the U.S. or Canada) or +1-770-280-4129 (globally) Fax: +1-770-280-4113 Email: [email protected] Printed in the United States of America. No part of this work may be Printed in the United States of America. No part of this work may be reproduced or transmitted in any form or by any means, electronic, manual, photocopying, recording, or by any information storage and retrieval system, without prior written permission of the publisher. The paper used in this book complies with the Permanent Paper Standard issued by the National Information Standards Organization (Z39.48— 1984). 10 9 8 7 6 5 4 3 2 1 Table of Contents INTRODUCTION QUESTIONS Introduction Organizational Influences and Project Life Cycle Project Management Processes Project Integration Management Project Scope Management Project Time Management Project Cost Management Project Quality Management Project Human Resource Management Project Communications Management Project Risk Management Project Procurement Management Project Stakeholder Management Appendix X3 Interpersonal Skills Glossary ANSWERS Introduction Organizational Influences and Project Life Cycle Project Management Processes Project Integration Management Project Scope Management Project Time Management Project Cost Management Project Quality Management Project Human Resource Management Project Communications Management Project Risk Management Project Procurement Management Project Stakeholder Management Appendix X3 Interpersonal Skills Glossary Introduction In the rapidly growing, fast-changing, and highly competitive world of project management, more and more professionals are recognizing the importance of developing a deeper understanding of the generally accepted knowledge and practice of the project management ® profession. Q & As for the PMBOK Guide Fifth Edition facilitates this goal by offering multiple choice questions and answers that cover key themes and concepts of project management. This helpful book addresses the project management Knowledge Areas and processes of ® A Guide to the Project Management Body of Knowledge (PMBOK Guide) – Fifth Edition, the Project Management Institute's global standard. Answers are provided in the back of the book and include ® references and excerpted text from the PMBOK Guide – Fifth Edition, to enhance the reader's breadth and depth of knowledge. The ® handy pocket size of Q & As for the PMBOK Guide Fifth Edition makes it convenient to refer to the book anytime, anywhere. Many people were instrumental in putting together this book and its ® predecessor publications, PMBOK Q & A, Q & As for the PMBOK ® Guide 2000 Edition, Q & As for the PMBOK Guide Third Edition, ® and Q & As for the PMBOK Guide Fourth Edition. The Project Management Institute (PMI) would like to thank the following contributors to PMBOK Q & A: Lewis Ireland, Walter Taylor, Jim Downer, Terry Borovec, Nancy Krajcar, Marylyn Longo, Sue Spengler, Ahmet Taspinar, Joe Abron, Bob Thompson, Francis Hartman, Dana Littlefield, David Overbye, and James Henderson, along with former PMI staff members James S. Pennypacker, Bobby R. Hensley, Toni D. Knott, Allison S. Boone, and Mark S. Parker. PMI would like to thank the following contributors to Q & As for the ® PMBOK Guide 2000 Edition: Frank T. Anbari and Kate Pechter, along with PMI staff members Steven L. Fahrenkrog, Kristen L. Wright, Richard Schwartz, and Danielle Moore. PMI would also like ® to thank the following contributors to Q & As for the PMBOK Guide Third Edition: Frank T. Anbari and Donald F. Martin, along with PMI staff members Steven L. Fahrenkrog, Dottie Nichols, Richard Schwartz, and Barbara Walsh. PMI would like to thank the following ® contributors to Q & As for the PMBOK Guide Fourth Edition: Frank T. Anbari, PhD, PMP (who again provided significant book content and editorial contributions), along with PMI staff members Steven L. Fahrenkrog, John Zlockie, Donn Greenberg, Kristin L. Vitello, Roberta Storer, and Barbara Walsh. Finally, PMI would like to thank the following contributors to Q & As ® for the PMBOK Guide Fifth Edition: Frank T. Anbari, PhD, PMP (who again provided significant book content and editorial contributions), along with the following PMI staff members: John Zlockie • Manager, Standards Donn Greenberg • Manager, Publications Kristin L. Vitello, Standards Project Specialist Roberta Storer • Product Editor Linda Garber • Copy Editor Barbara Walsh • Publications Production Supervisor ® The PMI team responsible for Q & As for the PMBOK Guide Fifth Edition hopes that you will reinforce your knowledge and enjoy using this updated, expanded, and enhanced project management tool. Q & As FOR THE ® PMBOK GUIDE FIFTH EDITION Questions Introduction (Chapter 1 of the PMBOK® Guide) 1. A project is: A. A set of sequential activities performed in a process or system. B. A revenue-generating activity that needs to be accomplished while achieving customer satisfaction. C. An ongoing endeavor undertaken to meet customer or market requirements. D. A temporary endeavor undertaken to create a unique product, service, or result. 2. Project management is: A. The integration of the critical path method and the Earned Value Management system. B. The application of knowledge, skills, tools, and techniques to project activities to meet the project requirements. C. The application of knowledge, skills, wisdom, science, and art to organizational activities to achieve operational excellence. D. A subset of most engineering and other technical disciplines. 3. Managing a project typically includes: A. Balancing the competing project constraints, which include scope, quality, schedule, budget, resources, and risks. B. Integrating requirements of profitability, low cost, and legal responsibility. C. Implementation of software, hardware, and other systems to enhance organizational efficiency.

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