IT 343 Midterm Exam 2025/2026 Latest Updated

What is project management?
A. The ability to complete a task within a given amount of time
B. The ability to complete a task within a given budget
C. The ability to manage a temporary endeavor to create a unique product or service,
on time and within budget
D. The ability to administer a series of chronological tasks within a given amount of time
and under budget
All of the following are project management process groups except for which one?
A. Initiating
B. Planning
C. Implementing
D. Monitoring and controlling
You are a project manager in your organization and would like to present a project to
management. What organizational component is most likely to review your project to
determine if it is worthy of investment?
A. Project sponsor
B. Functional management
C. Program managers
D. Portfolio review board
Why must you interview the project decision makers before starting the project?
A. To detail the budget of the project
B. To determine the project results
C. To gain their support and trust
D. To determine the project completion date
What is the purpose of the project charter?
A. To launch the project team
B. To identify the project manager
C. To assign a budget to the project
D. To authorize a project
You are the project manager for your organization, and management has presented a
new project to you. This project requires that you adhere to several government
regulations for the project deliverable. In this instance, what are the government
regulations considered?
A. Scope
B. Requirement
C. Assumptions
D. Standards