Which option below sequences the correct Lifecycle of a Project?

• Execution, Planning, Initiation, Closing.

• Planning, Closing, Execution, Initiation.

• Initiation, Closing, Execution, Planning.

• Initiation, Planning, Execution, Closing.

What is defined as a Project?

• A Temporary Milestone

• A Risk with zero duration

• A product, Service or result which is temporary in nature

• A service which continuously occurs

Project Activity is at it's peak when?

• Initiation

• Planning

• Execution

• Closing

What is the definition of an Assumption?

• A Guess

• Something which is categorized as true until proven untrue

• A Risk

• Change Process

Risk and Risk Management is at it's highest at the when in the Project Lifecycle

• Initiation

• Planning

• Execution

• Closing

What is a Project Charter?

• A Process Map

• A Linear List of Supply Chain Vendors

• A High Profile Project Resource

  Subject Matter Expert

• “a document issued by the project initiator or sponsor that formally authorizes the existence of a project, and provides the project manager with the authority to apply organizational resources to project activities.”

Lean, Agile & Six Sigma are all optimization analysis tools and techniques?

• True

• False

DMAIC Defined is - ?

• Define-Measure-Analyse-Improve-Control

• Detail-Move-Access-Implement-Change

• Drive-Make-Account-Increase-Class

• None of the options listed

DMADV is defined as - ?

• Do-Make-Add-Involve-Validate

• Define-Measure-Analyse-Design-Verify

• Duplicate-Map-Access-Define-Verify

• No Option Listed

The 80-20 Rule applies to which Quality Tool?

• Fishbone diagram

• Gannt Chart

• Resource Calendars

• Pareto Chart