PM Fundamentals

Best Description of a Project

• Producing a car

• Preparing a report

• Drinking a cup of Tea

• Construction of Hassan Airport

Answer explanation

A project is a temporary endeavor and has a specific start, end, and definite outcome

What is the key project manager's responsibility?

• Recruitment

• completes all work by himself

• Control Costs and Project Schedule

• Finance the project

Answer explanation

Project Manager monitors and reports the health of project

Triple Constraints of PM

• Resource - Time - Tools

• Cost - Time - Scope

• No Constraints

• Time - Approach - Costs

Answer explanation

Golden Triangle of Project - Cost, Time & Scope influence the Quality of project.

What are project management phases?

• Open-Execute-Close

• Plan Do, and Close

• Initiate-Approve-Execute-Report-Close

• Initiate-Plan-Execute-Monitor/Control-Close

Who does have a vested interest in the project?

• Supporters

• Government

• General People

• stakeholders

Answer explanation

Stakeholders are people who has interest or impact on outcome of project i.e. Sponsor, Client , Suppliers, Employees

Asking ____ several times can help identify the purpose of a project.

• Why

• What

• How

• When

A work breakdown structure is a ____ tool

• Qualifying

• Measuring

• Scheduling

• Visual

Project schedule estimated by

• Duration

• Activity

• Costs

• Resources

A Gantt Chart can be used to show all sorts of project information, except:

• Loneliness

• Project Location

• Relationship

• Resources

Applying project management can help you achieve

• Sense of Achievement and Pride

• Personal and Company brand Improvement

• The efficient way of completing a project

• All of the above