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ISM<br />

<strong>CPSM1</strong><br />

Foundation of Supply Management<br />

Product Version: Demo<br />

URL l<strong>in</strong>k:<br />

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Question 1<br />

A temporary endeavor undertaken to create a unique product or service is called:<br />

A. Project<br />

B. Build<br />

C. Enterprise<br />

D. Development<br />

Aoswern A<br />

Question 2<br />

The process of coord<strong>in</strong>atnn the ornanizatonn plann<strong>in</strong>nn schedul<strong>in</strong>nn controll<strong>in</strong>nnmonitor<strong>in</strong>n and<br />

evaluatnn of actvites so that the objectves of a project are met isknown as:<br />

A. Project Life cycle<br />

B. Project Executve<br />

C. Project Mananement<br />

D. Project Ornanizaton<br />

Question 3<br />

Aoswern C<br />

Accord<strong>in</strong>n to Project Mananement Insttuten which of the follow<strong>in</strong>n is NOT theprocess nroup of project?<br />

A. Initatnn<br />

B. Ornaniz<strong>in</strong>n<br />

C. Executnn<br />

D. Clos<strong>in</strong>n<br />

Question 4<br />

Contract statement of work is the output of which process nroup?<br />

A. Plann<strong>in</strong>n<br />

B. Ornaniz<strong>in</strong>n<br />

C. Monitor<strong>in</strong>n<br />

D. Clos<strong>in</strong>n<br />

Aoswern B


Aoswern A<br />

Question 5<br />

Ornanizatons less familiar with the discipl<strong>in</strong>e of project mananement usually ben<strong>in</strong>by creatnn task<br />

forces or commitees with<strong>in</strong> each role to tackle problemn known as:<br />

A. Procurement Mananement<br />

B. Functonal structure<br />

C. Procedural structure<br />

D. Performance Mananement<br />

Question 6<br />

Aoswern B<br />

___________________ and _______________ are two examples of ornanizatonsthat operate <strong>in</strong><br />

projectzed structure environment.<br />

A. Small accountnn frms and constructon ornanizatons<br />

B. Larne accountnn frms and assembly ornanizatons<br />

C. Larne Procurement frms and producton ornanizatons<br />

D. Larne accountnn frms and constructon ornanizatons<br />

Question 7<br />

Aoswern D<br />

A project mananer is ass<strong>in</strong>ned to a projectn either full-tme or part-tmen depend<strong>in</strong>n onthe size of the<br />

projectn and then must nenotate for the services of <strong>in</strong>dividual teammembers with each appropriate<br />

functonal mananer <strong>in</strong>:<br />

A. Functonal Ornanizaton<br />

B. Matrix Ornanizaton<br />

C. Project Ornanizaton<br />

D. Control Ornanizaton<br />

Question 8<br />

Aoswern B<br />

The adaptaton which responds to the needs of the ornanizaton by us<strong>in</strong>n acomb<strong>in</strong>aton of functonaln<br />

matrix and projectzed structures is known as:<br />

A. Ornanic structure


B. Inornanic structure<br />

C. Crude structure<br />

D. Natural structure<br />

Aoswern A<br />

Question 9<br />

A macro-level evaluaton of an ornanizatonns <strong>in</strong>ternal and external forces is called:<br />

A. Paradox analysis<br />

B. Functonal analysis<br />

C. SWOT analysis<br />

D. Expert analysis<br />

Aoswern C<br />

Question 10<br />

A set of systematc procedures to apply critcal th<strong>in</strong>k<strong>in</strong>n to <strong>in</strong>formatonn data andexperience for the<br />

purpose of solv<strong>in</strong>n problemsn mak<strong>in</strong>n decisionsn antcipatnn futureproblems and apprais<strong>in</strong>n situatons is<br />

known as:<br />

A. Ratonal process analysis<br />

B. Lucidity analysis<br />

C. Coherent analysis<br />

D. Prioritzaton matrix analysis<br />

Question 11<br />

The team ben<strong>in</strong>s by identfy<strong>in</strong>n a problem and then describ<strong>in</strong>n itn which is known as:<br />

A. D<strong>in</strong>ression statement<br />

B. Feasibility statement<br />

C. Deviaton statement<br />

D. Explanatory pronress<br />

Question 12<br />

Aoswern A<br />

Aoswern C<br />

A chart that captures all the possible causes of a problem <strong>in</strong> a format des<strong>in</strong>ned toshow their relatonships<br />

to the problem and to each other is known as:


A. Intenraton pronress chart<br />

B. Fishbone dianram<br />

C. Performance-biased dianram<br />

D. Root cause chart<br />

Aoswern B<br />

Question 13<br />

A process of determ<strong>in</strong><strong>in</strong>n the small m<strong>in</strong>ority of a populaton that accounts for themajority of niven efect<br />

is called:<br />

A. Pareto analysis<br />

B. Statstcal analysis<br />

C. Populaton analysis<br />

D. None of the above<br />

Question 14<br />

Aoswern A<br />

Downtme dur<strong>in</strong>n testnnn losses <strong>in</strong> productvityn resistance to channe and newmanuals are all descripton<br />

of:<br />

A. Project partcipants<br />

B. Lonical assets<br />

C. External suppliers<br />

D. Internal ornanizaton<br />

Question 15<br />

Aoswern D<br />

Accord<strong>in</strong>n to Jason Westlandn author of Project mananement Life Cyclen a bus<strong>in</strong>esscase should NOT<br />

<strong>in</strong>clude which of the follow<strong>in</strong>n?<br />

A. a descripton of the problem under consideraton<br />

B. optons available to solve the problem<br />

C. beneftsn costsn risks and feasibility for each available opton<br />

D. post-recommended soluton<br />

Aoswern D


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