Corporate investments and project business

Which of the following characterize a project?

• Work without a defined outcome, but with a specific allocation of resources

• A temporary endeavor without a defined set of activities

• All activities that take place in a single location by a specific organization

• A set of activities with a specific allocation of resources

In what Standards you can find information about project requirements?

• ISO 21500

• PMBOK

• P2M

• Prince2

• ICB

Can the following goal be classified as the SMART one?

"Increase rapport within the team over the next quarter with the aim to build trust and improve output."

• YES

• NO

A project is a ______________ endeavor undertaken to create a unique product, service, or result.

• Scheduled

• Temporary

• Unique

• Managed

Referring to the typical definition, which of the following is a project?

• Designing a new iPhone

• Maintaining a website

• The assembly of a car

• Applying to a university

What type of WBS is presented on the picture?

• Process - oriented

• Object - oriented

• Mixed - oriented

• Function - oriented

In the theory on Network modelling what is the critical path?

• The longest path from the beginning to the end of the project.

• The shortest path from the beginning to the end of the project.

• A part of the path with the most important activities.

• A part of the path with the activities without a reserve time.

Referring to the Stakeholder Power/Interest Grid (Freeman, 1983) how should a project manager aim to treat a stakeholder with HIGH POWER and HIGH INTEREST?

• Keep satisfied

• Manage closely

• Monitor

• Keep informed

A Work Breakdown Structure is used to visualize and break a project into:

• Time units

• A critical path

• Organizational hierarchy

• Work packages

Which tasks will be critical if the Sales task takes 7 weeks instead of 6?

• Creative, Fundraising, and HR

• Creative, Sales, and Finance/HR

• Strategy, Marketing, and Finance

• Creative, Sales, and Finance