Question No. 1

Which of the following does NOT assess the value a project brings to an organization?

ABenefit cost analysis

BNet present value

CValue analysis

DNeeds assessment

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Correct Answer: C

Question No. 2

Your management has decided that all orders will be treated as "projects" and that project managers will be used to update orders daily, to resolve issues, and to ensure that the customer formally accepts the product within 30 days of completion. Revenue from the individual orders can vary from US $100 to US $150,000. The project manager will not be required to perform planning or provide documentation other than daily status. How would you define this situation?

ABecause each individual order is a 'temporary endeavor,' each order is a project.

BThis is program management since there are multiple projects involved.

CThis is a recurring process.

DOrders incurring revenue over $100,000 would be considered projects and would involve project management.

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Correct Answer: C

Question No. 3

A project manager in a predominantly hierarchical organization has been assigned a major project with aggressive timelines. The BEST approach for developing an initial project charter in this environment is to:

ACreate a project charter using brainstorming sessions with potential team members and stakeholders.

BCreate and present a draft project charter to potential team members and stakeholders to solicit their input.

CCreate a project charter jointly with management for distribution to potential team members and stakeholders.

DCreate a project charter with the functional managers and present it to the sponsor for signature.

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Correct Answer: C

Question No. 4

All of the following are correct statements about a project manager EXCEPT:

AHe or she is assigned after the project charter is created.

BHe or she may initiate changes to the project.

CHe or she manages changes and factors that create change.

DHe or she is held accountable for project success or failure.

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Correct Answer: A

Question No. 5

A new project manager is having difficulty creating a WBS with the team. To alleviate this situation, the project manager should ask for help from:

AThe sponsor.

BOther project managers.

CThe project management office.

DThe team.

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Correct Answer: C

Free GAQM PPM-001 Exam Actual Questions

The questions for PPM-001 were last updated On May 2, 2024