Project Management

What is the purpose of identifying milestones?

• To keep track of your finances

• To help you keep track of each key stage of the project

• To speed up your work process

• To delegate all your tasks to others

What is meant by contingency?

• An identified verifiable stage of the project that you can tick off once it's done

• The term given to describe the different stages a project goes through

• The allocated amount of time/money identified as a buffer for minimising risks

• The tasks that may or may not be included in the project

How often should a status meeting ideally be held to catch up on people's progress?

• Once a week

• Every day

• Once a month

• None are needed as long as you keep in touch via email

Who are the stakeholders in a project?

• Those who are sponsoring your project and provide its resources

• Those who will be affected by the project's outcome and are involved at specific stages

• The people who carry out your delegated tasks throughout the project's duration

• Those who have expertise in specific areas and provide you with advice where necessary

Microsoft Project lets you customise the calendar for

• The normal working hours

• Removing dates that will not be worked

• The Project start date

• All of the above

What is the default view of a new project in Microsoft Project?

• Gantt view

• Resource graph

• Network view

• Workbook view

The scope is the foundation of:

• Your cost estimate and the project schedule

• Scope creep

• Client communication

• The building and testing phase

Which of the following are NOT part of a project plan?

• Schedule and due dates

• Project scope and tasks

• Costs and resource allocation

• Scope creep and change requests

The project scope establishes which boundaries for the client?

• Deadlines and due dates

• Resource allocation limits

• Budget and cost limits

• Tasks that are and are not included

How are project costs calculated?

• By adding human resources (staff hours times billing rates), plus the marked-up costs of material resources

• By adding up the costs of all materials

• By a calculation so complicated only a computer could do it

• By multiplying the human resources by the material resources