pmp questions - 4th edition initiation[1]

01 - Initiation

Based on PMBOK 4th Edition

Maintainer: www.techfaq360.com

Questions

Question - 1

The VP of sales division approaches you and requests that you change the sales registration

screen

on the sales website to include phone number is required filed. This is considered as

1.Project ongoing operation.

2.Project initiation.

3.Project Execution.

4.project closing.

Correct Answers are : 1

Explanation :

In this case minor change has been requested, indicating this is an ongoing operation

function

Question - 2

Your company create software products. It is introducing a new product. To determine

the characteristics and features of the new product line, you will have to perform which

of the following?

1.Progressive elaboration

2.Stake holder's review

3.Plan project life cycle

4.Fast tracking


Explanation :

The process of determining the characteristics and features of the

product of the project is called Progressive elaboration.

Progressive elaboration is carried out via steps in detailed fashion.

Question - 3

You are a project manager of ABC company and working on gathering requirements and

establishing estimates for

the project. Which process group are you in?

1.Executing

2.Initiating

3.Planning

4.Monitoring


Explanation :

In the planning process

<li> requirements are fleshed out

<li> stakeholders are identified

<li> estimates on project costs and time .

Question - 4

You are a project manager of ABC company. You have created the project charter and it is not

approved from buyer.

But you manager forcing you to start the project right away. What is the BEST thing to do ?

1.Do the impact analysis and show the impacts of start project without approval.

2.Start project right away.

3.Ask your manager to send approval email.

4.Start work on complex activities.


Explanation :

The best thing to do the impact analysis and show the impacts of start project without approval.

This is the only choice that prevents future problems .

Question - 5

Who is the stakeholder of the project ?

1.User who is going to use the product.

2.Functional Manager

3.CEO of the company.

4.VP of sales division


Explanation :

A user of the project's product is always a stakeholder, while the others may or may not be

stakeholder.

Question - 6

High level project constraints are determined during the _______ process group.

1.initiating

2.closing

3.executing

4.monitoring


Explanation :

High level project constraints are determined during the initiating process group.

Question - 7

You are a project manager of ABC company and you are working for a large project with more

than hundreds of stakeholders.

Which of the following BEST course of action you are going to take ?

1.Consider needs of all stakeholders.

2.Consider needs of important stakeholders.

3.Eliminate some of them.

4.Ask your manager to manage the stakeholders.


Explanation :

Consider needs of all stakeholders is the best choice.

Question - 8

You are a project manager of ABC company. You are currently finalizing requirements with two

stakeholders BUT both stakeholder has different view on requirements for the same project. How

can you resolve the issue ?

1.look at why there is different view on requirements and discuss with both of them

2.look at why there is different view on requirements and finalize which looks good to you

3.ask your manager to deal with this

4.finalize requirement which looks good to you


Explanation :

Best is "look at why there is different view on requirements and discuss with both of them and try

to resolve the issue".

Option is C is an example of avoidance. Option B and D is example of forcing.

Question - 9

What are the documents required to complete project initiation process ?

1.project charter and preliminary project scope statement.

2.Supporting details

3.WBS(work breakdown structure)

4.Activity list


Explanation :

project charter and preliminary project scope statement are the output of project initiation process.

Question - 10

You are working with XYZ organization and all the employees are divided into groups by speciality

such as sales, support and engineering.

In which type of organization you are working in ?

1.Functional

2.Strong matrix

3.Weak matrix

4.Tight Matrix


Explanation :

In a functional organization, all employees are divided into groups such as sales, support and

engineering.

Projects in a functional organization generally only involve one department.

Question - 11

Role of the sponsor is BEST described as :

1.helps to create project plan

2.issue project charter

3.resolve conflicts in team

4.approve project plan


Explanation :

Role of the sponsor is to issue project charter. Option A and C is belongs to project manager.

Question - 12

Who is going to issue project charter ?

1.sponsor

2.project manager

3.functional manager

4.stakeholder


Explanation :

Role of the sponsor is to issue project charter.

Question - 13

In which project management process group; project charter is created ?

1.initiation

2.execution

3.closing

4.planning


Explanation :

Role of the sponsor is to issue project charter and it is created in initiation project management

process group.

Question - 14

You are working with XYZ organization . Your senior manager imposed new delivery date which is

earlier than mentioned project deliverables date in scope statement. To whom you are most

accountable ?

1.customer

2.senior manager

3.team member

4.sponsor


Explanation :

The project manager must accountable to customer first.

Question - 15

Which project management process groups takes maximum time and resource in a project ?

1.initiation

2.execution

3.planning

4.closing


Explanation :

Execution project management process groups takes maximum time and resource in a project.

For project execution you need most of the resources and time.

Question - 16

Which of the following project would be BEST project to select ?

1.Project A will take 3 years to complete and has NPV value $70,000

2.Project B will take 4 years to complete and has NPV value $60,000

3.Project C will take 8 years to complete and has NPV value $50,000

4.Project D will take 10 years to complete and has NPV value $55,000


Explanation :

NPV (Net present value) :The present value of cash inflow less the present value of cash outflow.

<li>A negative NPV is unfavorable;

<li>the higher the NPV, the better.

<li>Project year is already included therefore choose best NPV value always.

Question - 17

Which statement is FALSE about project manager ?

1.Project manager is responsible for success or failure of project.

2.Project manager is assigned after project charter is created.

3.Project manager is responsible for assigning team member to project.

4.Project manager is responsible for Quality of the project.


Explanation :

In the initiation process project charter is created .

A project manager is assigned during project initiating, not after it.

All other options are true.

Question - 18

You are project manager for a project. This project was originally scheduled for completion in 1

year but already 2 years over and now also project is in execution phase.Which statement is

TRUE about the project?

1.temporary project

2.requirement added later therefore project is running late

3.key resource has left the organization therefore running late

4.limited license of development environment therefore running late


Explanation :

Project is continuing to expand means it is temporary project.

Other options can be achievable to complete the project if it is important for organization.

Question - 19

Which of the following MUST NOT performed in project initiation process?

1.create project charter.

2.identify business need.

3.identify the requirements.

4.create project scope statement.


Explanation :

project scope statement created during project planning phase.

Question - 20

Who has MOST of the power in projectized organization ?

1.project manager

2.functional manager

3.team lead

4.sponsor


Explanation :

Projectized Organization: Any organizational structure in which the project manager has full

authority to assign priorities and to direct the work of individuals assigned to the project.

Question - 21

Who has MOST of the power in strong matrix organization ?


2.Project Manager

3.Sponsor

4.Senior Manager


Explanation :

<li>Weak Matrix :Power is with Functional Manager.

<li>Strong Matrix: Power is with Project Manager.

<li>Balanced Matrix:Power is shared between both Functional and Project Manager.

Question - 22

You are project manager of project and senior management told you complete the project within 6

months and use 5 resources.

This is an example of :

1.project constraints

2.company policy

3.project benefits

4.cost effective


Explanation :

Option A is fit for this. Any limitation belongs to constraints.

Question - 23

Business needs and legal requirements are example of :

1.reason to start project

2.reason to sponsor a project

3.reason to hire project manager

4.reason to calculate cost


Explanation :

Business needs and legal requirements are reason start project initiation.

Question - 24

You are a project manager of ABC organization. You have been just assigned to new project and

given project charter, preliminary scope statement.

What is the first thing you have to do ?

1.create risk analysis document

2.create project plan

3.hire team members

4.check all stakeholders inputs


Explanation :

First thing you have to do , check all stakeholders inputs and confirm with them then start project

plan etc.

Question - 25

You are a project manager of ABC organization. You are estimating the project in initiation phase.

What level of accuracy you can expect?

1.-25 percent to +25 percent





Explanation :

In the project initiation phase estimation is rough therefore it can fluctuate -50 percent to +100

percent.

Question - 26

Your organization shifting from weak matrix organization to strong matrix organization.

Which of the below statement is TRUE ?

1.Power is shifting from Project manager to Functional Manager

2.Power is shifting from Functional manager to Project Manager

3.Power is shifting from Functional manager to Sponsor

4.Power is shifting from Project manager to Sponsor


Explanation :

Shifting from weak matrix organization to strong matrix organization MEANS Power is shifting from

Functional manager to Project Manager.

<li>Weak Matrix :Power is with Functional Manager.

<li>Strong Matrix: Power is with Project Manager.

<li>Balanced Matrix:Power is shared between both Functional and Project Manager.

Question - 27

Which statement is FALSE about project feasibility studies ?

1.project feasibility studies determine team members

2.project link to the overall strategy of the organization

3.work done to establish that a project needs to be done

4.help selecting one project over other


Explanation :

project feasibility studies not about determine team members.

Question - 28

Which of the following is NOT part of stakeholder's management ?

1.Identify stakeholders

2.Identify stakeholder's need

3.make sure all the stakeholders are in communication plan

4.make sure all the stakeholders are in project plan


Explanation :

Stakeholders are NOT in project plan.

Question - 29

You are a project manager of ABC organization. Your project covers more than one department or

technical area of expertise.

Which type of organization is BEST for this project ?

1.MATRIX

2.PROJECTIZED

3.FUNCTIONAL

4.PROJECT EXPEDITOR


Explanation :

In this case where project covers more than one department or technical area of expertise a

MATRIX organization is needed with representatives from each department or discipline is best.

<li>PROJECTIZED : All organization is by projects. The project manager has total control of

projects. Personnel are assigned and report to a project manager.

<li>FUNCTIONAL : The organization is grouped by areas of specialization within different

functional areas (e.g., sales, marketing etc.In this organization Project Manager has least power).

Question - 30

Which of the following statement is FALSE about progressive elaboration ?

1.Early activities are detailed and future activities are still at a high level.

2.Rolling wave planning is a form of progressive elaboration

3.A project will start off with a detailed plan for Requirements Gathering phase, but other plans,

such as testing plans, may not yet have the same amount of detail is an exmple of progressive

elaboration.

4.Early activities are detailed and future activities are also in detailed.


Explanation :

Rolling wave planning is a form of progressive elaboration.Early activities are detailed and future

activities are still at a high level.

<li>A project will start off with a detailed plan for Requirements Gathering phase, but other plans,

such as testing plans, may not yet have the same amount of detail is an exmple of progressive

elaboration.

Question - 31

Which statement is TRUE about Present Value(PV) ?

1.The value today of future cash flow

2.The present value of cash inflow less the present value of cash outflow

3.The interest rate that makes the net present value of all cash flow equal zero

4.The difference in benefit received between a chosen project and a project that was not chosen


Explanation :

Present Value(PV) : The value today of future cash flow.The higher the PV, the better.

Question - 32

What is Benefit cost ratio (BCR) ?

1.A ratio describing the relationship between the cost and benefits of a proposed project

2.The difference in benefit received between a chosen project and a project that was not chosen

3.The interest rate that makes the net present value of all cash flow equal zero



Explanation :

Benefit cost ratio (BCR): A ratio describing the relationship between the cost and benefits of a

proposed project.

<li>A BCR less than 1 is unfavorable;

<li>the higher the BCR, the better.

Question - 33

Which of the following is not a project ?

1.Construct a building

2.Construct a software for sales department

3.Dispatch monthly salary satement

4.Construct a software to integrate sales department to marketing department.


Explanation :

Dispatch monthly salary satement is ongoing process for the organization therefore it is not a

project.

Question - 34

Who is responsible for decide project management process for a particular project ?

1.Project Manager

2.Sponsor

3.Stakeholders

4.Senior management


Explanation :

Project Manager is responsible for decide project management process for a particular project .

Question - 35

Which of the following is not a project ?

1.Construct a building

2.Construct a software for sales department

3.Dispatch monthly salary satement

4.Construct a software to integrate sales department to marketing department.


Explanation :

Dispatch monthly salary satement is ongoing process for the organization therefore it is not a

project.

Question - 36

You are a project manager of ABC organization. There is two projects to choose the best one.

Project X will take 3 years to complete and has NPV value $70,000 and Project Y will take 5 years

to complete and has NPV value $60,000.

What is the opportunity cost of selecting Project X ?

1.$35,000

2.$60,000

3.$30,000

4.$130,000


Explanation :

opportunity cost of selecting Project X is simply the value of the project you did not select. Based

on the NPV you have selected project X.

Therefore value of the project Y is the opportunity cost.

Question - 37

Who has MOST power in PROJECTIZED organization ?

1.Project manager


3.Sponsor

4.Senior Management


Explanation :

PROJECTIZED : All organization is by projects. The project manager has total control of projects.

Personnel are assigned and report to a project manager.

Question - 38

Who is responsible to provide project templates, methodologies for managing project within

organization ?

1.PMO

2.Project Manager


4.Sponsor


Explanation :

Project Management Office(PMO) is responsible to provide project templates, methodologies for

managing project within organization.

Question - 39

Which of the MOST appropriate things to do during project initiation phase ?

1.Get familiar with organizations mission, vision, and goals for the future, which the project

supports.

2.Get familiar with project plan

3.Identify team members

4.Identify team leads


Explanation :

Get familiar with organizations mission, vision, and goals for the future, which the project supports.

Other options are related to project planning phase.

Question - 40

Which describe BEST for the stakeholders ?

1.people has influence on project.

2.sponsor

3.end user

4.team lead


Explanation :

people has influence on project.

All people and organizations that have an interest in the project or its outcome are called project

stakeholders.

Question - 41

You are the project manager for ABC Organization. You are considering recommending a project

that costs $210,000;

expected inflows are $5,000 per month for the first three years and then $6,000 per month

thereafter.

What is the payback period?

1.41 months

2.36 months

3.45 months

4.21 months


Explanation :

Payback period : The number of time periods required until inflows equal, or exceed, costs.

<li>Total inflows for first three years is 36 months * $5000 = $180,000.

<li>Money left = $210,000 - $180,000 = $30,000. Months need for $30,000 is ($30,000/$6,000)=5

months

<li>Total payback period = 36 + 5 = 41 months.

Question - 42

Who is responsible to publish project charter ?

1.a manager external to the project.

2.project sponsor

3.project manager

4.team lead


Explanation :

Based on PMBOK, the project charter should be published by a manager

external to the project but with sufficient power and authority.

Question - 43

You are the project manager for ABC Organization. You have been assigned a new project.

You have good relation with sponsor and senior management. Your senior management and

sponsor forcing you to start project imediately.

What is your response ?

1.Start project imediately because your senior management is asking the same.

2.Require a project charter be written and signed off on by all stakeholders before proceeding.

3.Suggest that a preliminary scope statement be written.

4.Suggest that a project plan should be written.


Explanation :

The project should be start with a project charter that authorizes the project to begin,

assigns the project manager, and describes the project objectives and business need for the

project.

Question - 44

There is two projects to choose the best one. Project X has a payback period of

26 months. Project Y has a cost of $500,000, with expected cash inflows of $200,000 the first

year and $50,000 per quarter after that. Which project should you recommend?

1.Project X because of lower payback period.

2.Project Y because of heigher payback period.

3.Project Y because of payback period 25.

4.Project Y because of payback period 30.


Explanation :

Project Y has a cost of $500,000. After 1 year remaining cost is $500,000 - $200,000 = $300,000.

<li> peried for remaining cost is $300,000 / $50,000 = 6 quater = 6*3 months = 18 months.

<li>Total payback period for project Y = 1 year + 18 months = 30 months

<li>The lower the payback period, the better.

Question - 45

Mathematical models using linear programming, dynamic, or algorithm models are considered:

1.Project selection methods

2.Project selection criteria

3.form of expert judgment

4.project closing method


Explanation :

<li>Mathematical models are one of the methods described in the project selection methods tool

and technique.

<li>These types of models are in use only in certain types of projects and are not going to be used

for simpler projects.

Question - 46

Which of the following is TRUE about IRR?

1.The higher the IRR, the better.

2.The lower the IRR, the better.


4.The number of time periods required until inflows equal, or exceed, costs


Explanation :

<li>Internal rate of return (IRR) : The interest rate that makes the net present value of all cash flow

equal zero.

<li>The higher the IRR, the better.

<li>The return that a company would earn if it invested in the project.

Question - 47

Scoring methods,Comparative methods and economic and cash flow analysis are all part of

_______.

1.Benefit measurement methods

2.Mathematical modes

3.Execution measurement

4.Constrained optimization methods


Explanation :

Benefit measurement measures one project against another and gives the organization

information with which to select projects by comparing the benefits of each project.

Question - 48

The first document produced on a project SHOULD be the:

1.Preliminary Scope Statement

2.Project Charter

3.Project Plan

4.Risk Plan


Explanation :

Project Charter first document produced on a project.

Question - 49

Which of these types of matrix structure gives the project manager the most control?

1.Strong

2.Weak

3.Balanced

4.Product based


Explanation :

A strong matrix gives the most authority to the project manager

Question - 50

Who has more control in a strong matix organization?

1.Project Manager


3.Sponsor

4.Senior Manager


Explanation :

The project manager has control power in a strong matrix organization.

A strong matrix gives the most authority to the project manager

Question - 51

Which statement is FALSE about project deliverable ?

1.project deliverable are determined by the project sponsor.

2.project deliverable are described during project planning.

3.Outcome that must be produced to complete a part of a project or the project itself.

4.You should formally describe the final deliverable of the project at the beginning of the project.


Explanation :

project deliverable are determined by the project sponsor.

project deliverable are outcome that must be produced to complete a part of a project or the

project itself.

You should formally describe the final deliverable of the project at the beginning of the project.

Only statemnt B is wrong because project deliverable are defind in project charter not in planning

phase.

Question - 52

Which process group is responsible for authorizes the project in organization ?

1.Planning

2.Executing

3.Initiating

4.Controling


Explanation :

Initiating process group is responsible for authorizes the project in organization.

Authorizes the project means officially start the project.

Question - 53

There are two projects from which you have to choose one. Project X is being done over a 3 years

period and has a NPV $35,000.

Project Y is being done over a 4 years period and has a NPV $40,000. Which project would you

choose?

1.Project X

2.Project Y

3.Both projects are same

4.NPV Doesn't related to Project.


Explanation :

<li>NPV is net present value.The present value of cash inflow less the present value of cash

outflow.

<li>A negative NPV is unfavorable ,

<li>the higher the NPV, the better.

<li>The number of years is already included in the calculation of NPV.

<li>You simply pick the project with the highest NPV.

Question - 54

One document which contain the bussiness need of the project, list of stakeholders and resources.

Who is responsible to create the document?

1.Project Manager


3.CEO of the organization

4.Project Lead


Explanation :

Project Manager and sponsor is responsible to create document which contain the business need

of the project, list of stakeholders and resources.

Question - 55

Early activities are detailed and future activities are still at a high level is called?

1.progressive elaboration

2.scope verification

3.stratagic planning

4.stratagic elaboration


Explanation :

progressive elaboration : Early activities are detailed and future activities are still at a high level.

<li>As an example, a software development project will start off with a detailed plan for

Requirements Gathering phase, but other plans,

such as testing plans, may not yet have the same amount of detail.

Question - 56

The cost of choosing one project and giving up another project is called :

1.opportunity cost

2.sunk cost

3.Depreciation

4.fixed cost


Explanation :

When you make the choice of one project over another, you can look at opportunity cost.

This is the cost of doing one project instead of another which ties up capital and usually means

that the

organizational management feels that the project chosen gives a better chance of return.

Question - 57

Which cost is not recoverable?

1.opportunity cost

2.sunk cost

3.Depreciation

4.fixed cost


Explanation :

Sunk costs: Money that has been spent on the project that will never be recovered.

Question - 58

Constrained optimization models and benefit measurement method are example of :

1.Project selection methods

2.Types of scope definition methods.

3.Types of cost measurement methods.

4.Activity selection methods.


Explanation :

There are two broad categories of project selection.

<li>The first is the benefit measurement method.

This method measures the potential benefits of executing the project against the potential benefits

of other projects put before the organization.

<li>A second type of selection method is termed "constrained optimization models."

These types of models are in use only in certain types of projects and are not going to be used for

simpler projects.

Question - 59

Which project selection methods are use only in certain types of projects and are not going to be

used for simpler projects?

1.Constrained optimization models

2.benefit measurement method

3.value measurement method

4.cost measurement method


Explanation :

A second type of selection method is termed "constrained optimization models."


simpler projects.

Question - 60

Which of the following must not performed in the project initiation process ?

1.Evaluate historical information

2.List down business need

3.List down stakeholders

4.Create scope statement


Explanation :

Scope statement generally created in planning phase.

All others are done in initiation phase.

Question - 61

A organization where power shared between project manager and functional manager is called:

1.strong matrix.

2.balanced matrix.

3.weak matrix

4.tight matrix


Explanation :

<li>balanced matrix : A organization where power shared between project manager and functional

manager.

<li>A strong matrix gives the most authority to the project manager.

Question - 62

Which of the following NOT input to project initiation process?

1.Product description

2.Project scope statement

3.Strategic plan

4.Selection criteria


Explanation :

Inputs of project initiation process are Product description,Strategic plan,Selection criteria and

Historical information.

Project scope statement is NOT input to project initiation process.

Question - 63

You are project manager of ABC company and you have to choose one project between two of

them.

Which of the following factor you would NOT cosider for the project selection?

1.Net present value (NPV)

2.Opportunity cost

3.Payback period

4.Resource Count


Explanation :

Option A , B and C all are project selection factor.

<li>Net present value (NPV) : The present value of cash inflow less the present value of cash

outflow.

A negative NPV is unfavorable; the higher the NPV, the better.

<li>Opportunity cost : The difference in benefit received between a chosen project and a project

that was not chosen

<li>Payback period : The number of time periods required until inflows equal, or exceed, costs.

The lower the payback period, the better

Question - 64

The fund available to a organization to invert in project is called:

1.Variable costs

2.Direct costs

3.Working capital

4.Present value (PV)


Explanation :

Working capital is total assets less total liabilities.

Question - 65

There are some costs like legal costs or insurance costs are categorised as :

1.Direct costs

2.Indirect costs

3.Fixed costs

4.Variable costs


Explanation :

Indirect costs : Costs that cannot be directly associated with the production of specific goods or

services.

For example, legal costs, administration, and insurance costs.

Question - 66

Linear programming is an example of __________ project selection method.

1.Optimistic random method

2.constrained optimization models

3.Benefit measurement

4.Random choice method


Explanation :

constrained optimization models is a mathematical model to select project.

The main techniques that have been proposed for solving constrained optimization problems are

reduced-gradient methods,

linear programming and quadratic programming methods. All are mathematical model.


simpler projects.

Question - 67

Which of the following is the most complex type of project selection method ?

1.Optimistic random method

2.constrained optimization models

3.Benefit measurement

4.Random choice method


Explanation :

constrained optimization models is a mathematical model to select project.

The main techniques that have been proposed for solving constrained optimization problems are

reduced-gradient methods,

linear programming and quadratic programming methods. All are mathematical model.


simpler projects.

Question - 68

You are the project manager of ABC organization. You have to choose best project from available

choices.

Which of the folowing is the BEST choice ?

1.Benefit cost ratio (BCR) of project A is 2.5

2.Benefit cost ratio (BCR) of project B is 2.1

3.Benefit cost ratio (BCR) of project C is 0.6

4.Benefit cost ratio (BCR) of project D is 1.5


Explanation :

<li>Benefit cost ratio (BCR) : A ratio describing the relationship between the cost and benefits of a

proposed project.

<li>A BCR less than 1 is unfavorable;

<li>the higher the BCR, the better.

Question - 69

The person in the organization that authorizes the commencement of a project is the

______________ ?

1.Sponsor

2.Senior Manager

3.Project Admin

4.Project Manager


Explanation :

The project manager executes the project but does not authorize the project.

Sponsor authorize the project.

Question - 70

The document that authorizes the release of organizational resources to the project is the

___________?

1.Charter

2.Project Design Plan

3.WBS

4.Statement of Work


Explanation :

The Charter (contract) is the document that formalizes the project.

Question - 71

The project manager is assigned in the ?

1.Charter (contract)

2.Project Plan

3.SOW

4.Management Plan


Explanation :

Project Manager should be assigned in the early phase of the project otherwise project may get

delay.

Question - 72

Without a _______ the project cannot start.

1.Leader

2.Charter (contract)

3.WBS

4.Project Admin


Explanation :

Without Charter (contract) the project can't start.

Question - 73

Which of the following is not done in Initiation phase?

1.the sponsor releases resources to get the project done.

2.the project manager is chosen.

3.Scope statement is created

4.Project Charter is published


Explanation :

Scope statement is created in the planning phase. <br>

In the Initiation phase,

<li> the sponsor releases resources to get the project done,

<li> the project manager is chosen

<li> Project Charter is published

Question - 74

The outcome that must be produced to complete a part of a project or the project itself is called a

_______ ?

1.Deliverable

2.Work Statement

3.Project Plan

4.WBS


Explanation :

The outcome that must be produced to complete a part of a project or the project itself is called a

Deliverable.

Question - 75

A project manager is assigned to a project which phase of the project?

1.Initiation

2.Planning

3.Estimation

4.Closing


Explanation :

In the Initiation phase, the sponsor releases resources to get the project done, and the project

manager is chosen.

Question - 76

If a project is being performed under contract, the product description is provided by which of the

following?

1.The buyer

2.The project sponsor

3.The contractor

4.The Project Manager


Explanation :

The buyer provides product descriptions when projects are under contract phase.

Question - 77

What is the main purpose of project initiation ?

1.Formally authorize the project.

2.Assign the project manager to the project.

3.Formally describe the project.

4.Assign team members to project


Explanation :

The main purpose of project initiation is Formally authorize the project.

Question - 78

In the initiation phase , project manager has been assigned to the project which process that must

occur after this?

1.Collect Requirements

2.Develop the project charter

3.Develop the project statement of work

4.Develop the preliminary project scope statement


Explanation :

<li>After the project manager assigned to a project, Collect Requirements is started.

<li>Develop the project charter is before all of this.

Question - 79

If you are the project manager for a new project.

You have collected the necessary input information and delivered the project charter to the

stakeholders.

What should you do next?

1.Get the project charter signed.

2.Start the initial project planning process.

3.Develop the preliminary project scope statement.

4.Start to create project plan


Explanation :

After delivered the project charter to the stakeholders, First thing you have to do get the project

charter signed..

Project charter is the only authorized document to start project.

Question - 80

Who is responsible for issuing the project charter?

1.The project team

2.The project manager

3.The senior Project Manager



Explanation :

The project sponsor creates and issues the project charter.

Question - 81

What is the main difference between the project charter and the preliminary scope statement?

1.Audience of the project charter is the stakeholders and Audience of the preliminary scope

statement is the project team.

2.The purpose of the preliminary scope statement is to authorize the project and The purpose of

the charter is to describe the project.

3.project charter and the preliminary scope statement is same document with different name

4.project charter is created in initiation phase and preliminary scope statement is created in

execution phase


Explanation :

<li>project charter : The purpose of the project charter is to authorize the project, and the audience

are the stakeholders.

<li>preliminary scope statement : The purpose of the preliminary scope statement is to describe

the project, and its audience is the project team

Question - 82

Who are the audience of project charter?

1.The project team


3.The senior Project Manager

4.stakeholders


Explanation :

The project sponsor creates and issues the project charter and the audience are the stakeholders.

Question - 83

Who can apply the project selection methods to decide whether to accept or reject a project?


2.The project accountant




Explanation :

The project sponsor must have the authority to select and fund the project.

Question - 84

What are the BEST inputs to the Initiation process?

1.Product description, strategic plan, project selection criteria, and

historical information

2.Product description, strategic plan, constraints, and assumptions

3.Strategic plan, project overview document, feasibility study, and

historical information

4.Product description, strategic plan


Explanation :

Inputs for Initiation process are

<li>Product description

<li>strategic plan

<li>project selection criteria

<li>historical information.

pmp questions - 4th edition initiation[1]

Documents