Business and Management Functions of the Project Manager – Final Exam
Now that you have finished reviewing all course material, it’s time to take the final exam. You must score 70% or higher to pass this exam. You will have an unlimited number of attempts to pass and there is no time limit for each attempt. Once you pass, you will receive a certificate of completion. Good luck!
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Question 1 of 16
1. Question
Which of the following is NOT an example of a business task?
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Question 2 of 16
2. Question
All of the following are characteristics of projects except:
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Question 3 of 16
3. Question
Which of the following business needs would exist because of existing customers requesting a new product, product feature or a new service?
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Question 4 of 16
4. Question
Who is the individual that is responsible for applying knowledge, skills, tools and techniques to complete project activities?
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Question 5 of 16
5. Question
The project manager cannot succeed without the support of the upper management executives of the company.
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Question 6 of 16
6. Question
A __________ articulates the reasoning for initiating a project or phase of a project.
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Question 7 of 16
7. Question
Which area of the business case will typically be read by busy executives?
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Question 8 of 16
8. Question
Which area of the business case will spell out either the recommendation or the decision to be taken?
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Question 9 of 16
9. Question
Which of the following groups are typically responsible for reviewing, selecting and prioritizing projects?
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Question 10 of 16
10. Question
Which of the following is NOT a benefit measurement method for selecting projects?
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Question 11 of 16
11. Question
What project selection method assigns a weighting for different criteria and then scores the criteria for each project?
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Question 12 of 16
12. Question
Which cash flow analysis technique identifies the amount of time it will take to recoup the initial cost of producing the product, service or result of the project?
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Question 13 of 16
13. Question
Which cash flow analysis technique takes into account the fact that money received in the future is worth less than money received today?
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Question 14 of 16
14. Question
Which cash flow analysis technique will allow you to evaluate cash inflows using discounted cash flow techniques?
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Question 15 of 16
15. Question
What organization structure is primarily used in organizations where project work is the primary business of the organization, like a contracting firm or a professional engineering firm?
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Question 16 of 16
16. Question
Organizational process assets are the assets of the organization that are typically obtained as a result of project experience.