Project Management

How are you feeling today?

• I`m good

• I`m sad

• I`m tired

• I`m in love

Which of the following characterize a project?

• A temporary endeavor without a defined set of activities

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

• A set of activities with a specific allocation of resources

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

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

• Keep informed

• Monitor

What are the tasks along this project's critical path?

• Creative, Sales, and Finance

• Strategy, Marketing, and Finance

• Strategy, Sales, and HR

• Creative, Fundraising, and HR

The two elements typically used to analyze risk are

• Cost and Time

• Initiating and Executing

• Impact and Probability

• Cost and Schedule

The critical path is the shortest path through the network and represents the work that can be delayed without delaying the end of the project.

• True

• False

Both the Network Diagram and the Gantt Chart:

• Display task relationships and dependencies

• Show the starts and finishes of tasks

• Define the total time it will take to do  tasks

• Show amount and location of float time

• All of them

When the project manager (PM) is delegating tasks to team members:

• The PM should ignore other demands on the team members’ time

• Team members should decide what tasks they want to do

• Team members should be able to do the tasks and be willing to do them

• The PM should first try to do the tasks to see how long they will take

What are the benefits of a resource plan and cost schedule? (Choose all correct answers)

• It offers transparency by exposing the costs of a project

• It is basis for estimations of the project duration and the project costs

• It is basis for project documentation

• It is based on the demand of resources and financial means, requested by estimations of procedures, work packages

Which Scrum events are timeboxed? (Choose all correct answers)

• Sprint Planning

• Sprint Review

• Sprint Testing

• Release Retrospective