Hope you had good learning experience with my yesterday's 'Build the Schedule and Budget - 10 Questions'

Today I am posting another 10 Qs on 'Define the Work'. As I quoted yesterday, I do not have handy answers for these. Consider for your practice.

- Regards, Ramana

1.    A business goal is best described as:
A.    Ambitiously lofty with vague business benefits
B.    A high-level statement of what you want to achieve from a business perspective in the next 1-3 years
C.    A specific low-level statement
D.    Always achievable through a single project

2.    Objectives are
A.    Specific, low-level and concrete statements
B.    High level goal statements
C.    Never used to determine a project’s success
D.    Describing the features and functions

3.    The triple constraint consists of:
A.    Cost, Time and Benefit
B.    Cost, Time and Scope
C.    Cost, Customer Satisfaction and Budget
D.    Customer Satisfaction, Scope and Budget

4.    A well defined scope:
A.    Should never change throughout the project
B.    Includes what is in scope and what is not in scope
C.    Includes most of the deliverables, the remainder are determined as requirements are defined
D.    Has all defined objectives aligned with most of the deliverables

5.    The Project Charter
A.    Is contained in the Business Goals document
B.    Defines the project in terms of scope, objectives, risks, assumptions and other criteria
C.    Cannot be changed once approved by the sponsor and stakeholders
D.    Only facilitates project funding approval by detailing cost benefit of the project

6.    When should the project manager be assigned?
A.    When the Project Charter is approved
B.    When the Project Charter and the project schedule have been completed
C.    Any time during the project
D.    Before the work is defined and the project schedule is built

7.    You are the project manager for a technical project. The project is the complete installation of a new operating system on 4500 workstations. You have told the customer that the estimates provided will be accurate if the workstations meet the hardware requirements of the new operating system. This is an example of which of the following?
A.    Dependency
B.    Constraint
C.    Order of magnitude
D.    Assumption or risk, depending on probability and impact

8.    You are the project manager for a nonprofit organization. Your project has come about due to a social need. Your sponsor wants to get right to the planning process. You know that a Project Charter needs to be published. All of the following are true regarding project charters except:
A.    Project charters include the business need for the project
B.    Project charters are approved by the project sponsor
C.    Project charters include input from various stakeholders
D.    Project charters always include WBS and detailed resources so that the budget can be allocated

9.    Which of the following is not considered a characteristic of a project?
A.    Projects have assigned resources
B.    Projects includes routine work to run the business processes
C.    Projects have a defined start and end date
D.    Projects create one or more deliverables

10.    If one of the factors in the triple constraint are affected
A.    No other factors are ever affected
B.    At least one other factor needs to change as well
C.    Only one of the other two factors are affected
D.    The other factors may not be affected