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Exam Code: CPSM1
Exam Name: ISM (Foundation of Supply Management)
One year free update, No help, Full refund!
Total Q&A: 128 Questions and Answers
Last Update: 2014-01-14

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NO.1 A temporary endeavor undertaken to create a unique product or service is called:
A. Project
B. Build
C. Enterprise
D. Development
Answer: A

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NO.2 Contract statement of work is the output of which process group?
A. Planning
B. Organizing
C. Monitoring
D. Closing
Answer: A

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NO.3 Organizations less familiar with the discipline of project management usually begin by creating
task forces or committees within each role to tackle problem, known as:
A. Procurement Management
B. Functional structure
C. Procedural structure
D. Performance Management
Answer: B

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NO.4 The process of coordinating the organization, planning, scheduling, controlling, monitoring
and evaluating of activities so that the objectives of a project are met is known as:
A. Project Life cycle
B. Project Executive
C. Project Management
D. Project Organization
Answer: C

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NO.5 According to Project Management Institute, which of the following is NOT the process group
of project?
Initiating
B. Organizing
C. Executing
D. Closing
Answer: B

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