Project Initiation

What are the key components of project initiation?

• Goals, scope, planning, documentation, success criteria, and resources

• Findings, scope, planning, deliverables, success criteria, and resources

• Findings, scope, deliverables, monitoring progress, stakeholders, and resources

• Goals, scope, deliverables, success criteria, stakeholders, and resources

What term refers to the budget, people, materials, and other items necessary to complete a project?

• Resources

• Scope

• Deliverables

• Success criteria

Fill in the blank: A _____ is a document that defines project goals and outlines what is needed to accomplish them.

• project charter

• risk analysis

• project schedule

• RACI

Fill in the blank: Stakeholder analysis is the process of identifying stakeholders and grouping them by _____.

• seniority and experience

• talents and skills

• availability and participation

• interest and influence

What is the first step in a stakeholder analysis?

• Assess each stakeholder’s ability to participate and find ways to involve them

• List the stakeholders impacted by the project

• Determine each stakeholder’s level of interest

• Determine each stakeholder’s level of influence

What is the main benefit of making a RACI chart?

• Illustrates all of the potential risks and opportunities for success

• Determines which stakeholders should fill which roles during a project

• Assesses each stakeholder’s ability to participate and build necessary partnerships

• Helps set SMART goals

As a project manager, you’re prioritizing stakeholders using a power grid. One stakeholder has high power and high interest. What level of engagement should the team have with the stakeholder?

• Show consideration

• Meet their needs

• Manage closely

• Monitor

As project manager, you approve a team member’s request to change the order of their tasks because they think it will be more efficient. However, this change disrupts another team member’s work process: they need to do two additional tasks not related to the project’s goal. What is happening on this project?

• The project is staying in-scope.

• The project is becoming more efficient.

• The project is becoming less efficient.

• The project is going out-of-scope

Who does the project manager need to get approval from before indicating a Go for the project? Select all that apply.

• Project team members

• Vendors

• Key stakeholders

• Project sponsor

Who signs the Project Charter?

• Project team members

• Project Manager

• Project Sponsor