Imagine that the main supplier for a construction project runs out of steel girders and needs to obtain more to complete the order. Which key component of project initiation does this scenario concern?

• Goals

• Scope

• Resources

• Deliverables

Fill in the blank: The four common ways to mitigate risk include _____.

• accept it, disregard it, reduce or control it, and transfer it

• accept it, ignore it, reduce or control it, and transfer it

• avoid it, accept it, reduce or control it, and transfer it

• avoid it, accept it, disregard it, and transfer it

As a project manager, you create a project plan. In the plan are documents that help keep a project organized and on track, particularly if a risk arises or a change occurs. In which section of the project plan are these documents linked?

• Budget

• Work breakdown structure (WBS)

• Project scope and goals

• Management plans

Which of the following are common components of a project status report? Select all that apply.

• Roles and responsibilities

• Summary

• Milestones and tasks

• Issues

• Costs

Associate the project phase to core tasks in a typical project life cycle: Identify stakeholders

• initiating

• planning

• executing

• closing

In what type of meeting does the project manager meet with participants one-on-one in order to cover topics most relevant to them and to better understand their concerns?

• Project kick-off

• Stakeholder review

• Status update

• Retrospective

When turning data into a story, a project manager first defines their audience. What is the second step?

• Shape the story.

• Choose a visual representation.

• Collect the data.

• Gather feedback.

Which of the following are project manager responsibilities during the initiation phase? Select all that apply.

• Create a budget

• Get project approval

• Define project goals

• Determine resources needed

What are the main purposes of a closeout report? Select all that apply.

• Serves as a blueprint to document what the team did, how they did it, and what they delivered

• Gives the project manager time to meet with the team one last time to complete missing work

• Provides an evaluation of the quality of work

• Evaluates the project’s performance with respect to budget and schedule

As an Agile project manager, why is it important to value customer collaboration over contract negotiation? Select all that apply.

• It saves your organization time and money.

• It encourages your team to seek out every opportunity to include the customer or stakeholder during project execution.

• It allows the freedom to collaborate with customers early and often.

• It reinforces that customer satisfaction is the highest priority when building a high quality and valuable product.