Foundations of PM 1

Which is NOT a stage of project management? 

• Participation 

• Initiation 

• Close 

• Execution 

What is the first step in utilising the best practices for project management? 

• Identifying risks 

• Planning 

• Understanding the scope 

• Creating a work plan 

Which one is NOT usually a practice or technique of better project management? 

• Planning 

• Ordering supplies only when they run out 

• Monitoring progress 

• Defining the deliverables 

Which of the following activities is not considered a project? 

• Production of automobile tires 

• Developing a new software program 

• Designing a space station 

• Preparing the site for the Olympic games 

In project management, the iron triangle is also referred to as:

• The quality matrix 

• The theory of resources 

• Flexible scheduling 

• The triple constraint 

The three standard parts of the iron triangle in project management are: 

• Scope, tasks, and work in progress 

• Resource, cost, and quality 

• Scope, schedule, and cost

• Schedule, time, and resource 

What attribute is often used to replace cost in the iron triangle of project management?

• Overall quality 

   

• Budget 

• Earned value

• Total cost of ownership 

Which of the following is not considered to be a characteristic of a project? 

• An established objective 

   

• Complex tasks 

• A clear beginning and end 

• Only for internal use

• Uniqueness 

In project management terms, a project is _____ in nature. 

• long-term 

• fast 

• short 

• temporary 

During project initiation, the project is _____. 

• authorized to begin 

• fast-tracked 

• placed on hold 

• closed