1. What is the definition of a project according to the

Project Management Institute (PMI)?

a) A temporary endeavor undertaken to create a unique

product, service, or result.

b) A planned sequence of activities that has a specific start

and end point.

c) A set of interrelated tasks that must be completed within

a certain time and budget.

d) A group of people working together to achieve a

common goal or objective.

Answer: A. Rationale: This is the standard definition of a

project given by the PMI in the Project Management Body

of Knowledge (PMBOK) Guide.

2. What are the five process groups of project management

as defined by the PMI?

a) Initiating, Planning, Executing, Monitoring and

Controlling, and Closing.

b) Defining, Designing, Developing, Delivering, and

Evaluating.

c) Scoping, Scheduling, Budgeting, Resourcing, and

Risking.

d) Conceptualizing, Organizing, Implementing, Improving,

and Finalizing.

Answer: A. Rationale: These are the five process groups

that provide a framework for managing any type of project.

3. What is the difference between a project charter and a

project scope statement?