ITPM L2 - Project Life Cycle (ITPM)

​You will now be asked a series of questions to check your knowledge.

Open Ended

How would you define project management?

Drag and Drop

​​ ​

Placeholder

is a collection of People, Procedures, Systems, Software, Databases, Devices and Machines that provide routine information for decision-making. (Drag and drop the correct option).

Drag these tiles and drop them in the correct blank above

Information System

Project Management

IT Project

Database

Dropdown

​

Select answer

are key to IT project management, and understanding their role in ​

Select answer

highlights the importance of effective ​

Select answer

Multiple Select

Select two main features of a project

• It is temporary

• It is permanent

• It has no end

• It has a specific purpose

Multiple Select

The triple constraints of project management are the three main factors that determine what's possible in a project. Select them:

• Time

• People

• Scope

• Cost

• Quality

Drag and Drop

A ​

Placeholder

assesses whether a project, undertaking or venture is worthwhile.

Drag these tiles and drop them in the correct blank above

business case

Project 

Budget

Team leader

Open Ended

Neptune Ltd has hired you as a Project Manager. The project board wants you to provide answers to the following questions:

(1) At what stage in a project life cycle are cost and staffing levels likely to increase and drop. You must provide justifications.

Open Ended

(2) At what phase in the project life cycle risks are likely to be at the lowest and highest levels. Explain why.

Open Ended

(3) At what stage in the project life cycle can key stakeholder’s influence negatively impact on cost and schedule.

Open Ended

(4) When is the cost of making changes and correcting errors typically at its highest and why?

Open Ended

ITPM NatEast Bank Activity: NatEast Bank, a leading financial institution, has decided to upgrade its online banking platform to enhance customer experience and streamline internal operations. The current online banking system is outdated and lacks essential features, leading to customer dissatisfaction and inefficiencies in banking operations. NatEast Bank aims to implement a modern, user-friendly online banking platform to meet customer expectations and improve operational efficiency.

1) Provide Justifications for this project.

2) What are the possible risks in this project?

3) What type of feasibility studies will be required for this project and why?

4) Who will be involved in the project and why? (What roles are relevant to this project)

Multiple Choice

What is the full meaning of PRINCE2

• PRojects In Controlled Environments

• PRojects IN Controlled Events,

• PRocesses In Controlled Environments

• PRojects In Confidential Environments

Multiple Choice

PRINCE2, is a project management methodology that originated where?

• USA

• Germany

• UK

• Japan

Multiple Select

PRINCE2 is a project management methodology of 7s. What are the 3 methodologies?

• Principles

• Management

• Practices

• Processes

• Procedures