Project and Operations Management Quiz

What does PM stand for?

• Project Manager

• Project Master

• Project Minder

• Professional Manager

PROJECT IS ALWAYS...

• Unique

• Interesting

• Dynamic

• Extraordinary

SUCCESFUL PROJECTS ARE

• Lasting forever

• Completed on-time

• Flexible

• Independent of all variables

The sooner you identify the _____the sooner you can eleminate negative developments

• Advantages

• Risk

• Goals

• Topics

What are the Five Project Management Process Groups in order?

• Initiating, Planning, Monitoring & Controlling, Executing, and Closing.

• Initiating, Monitoring & controlling, Planning, Executing, and Closing

• Initiating, Executing, Planning, Monitoring & controlling, and Closing

• Initiating, Planning, Executing, Monitoring & controlling and Closing

As a Project Manager you finalize the list of Stakeholders, Which Process Group you are working in?

• Executing

• Monitoring & controlling

• Initiating

• Planning

You are working on a large project which has several smaller projects and programs within it. This is:

• List of Projects

• Portfolio

• Project Life Cycle

• Programming

Project risk is caused by an uncertain event that

• has always negative consequences

• has both positive and negative consequences

• will occur

• has occurred

The two main axes of a risk are:

• Consequences * dependencies

• Probability * good luck

• Probability * cost

• Probability * impact

Which phase determines if we met our goal?

• Controlling

• Planning

• Measuring

• Organizing