HPRO4101-Week 1-Projects

Which of the following is a characteristic of a project rather than business-as-usual?

• Sustain the organisation to achieve its business purpose and goals

• Repetitive, non-unique product, service or result

• Formal line authority over functional unit personnel

• Achieve objectives, then terminate

Which of the following is not a characteristic of business-as-usual?

• Recruitment of new project managers

• Operating new production machinery

• Training of operations staff to become more safety aware

• Introducing change

What are the key characteristics of a project compared to business-as-usual?

• Temporary, unique, specific goal or objective

• Flexible, adaptable, indefinite purpose

• Permanent, common, broad goal or objective

• Ongoing, repetitive, general purpose

Which of these is NOT typical of a project?

• A project has a defined timeline.

• A project is temporary and has a specific goal.

• A project has a defined start and finish date.

• A project is a continuous process.

What is one characteristic that sets projects apart from business-as-usual?

• Routine and predictable activities

• Temporary and unique endeavors

• Ongoing and continuous operations

• Long-term and repetitive tasks

When delivering a project, the PM has to balance which of the following constraints?

• Configuration and delivery

• Time, cost and quality

• Cost, scope and change

• Budget, cost and risk

One of the key benefits of programme management is:

• Enhanced risk management
• Alignment and coordination of multiple projects with strategic objectives
• Improved communication between team members
• Increased efficiency in project delivery

One of the key benefits of portfolio management is:

• Enhanced risk management and mitigation
• Alignment with strategic objectives and optimal resource allocation
• Increased project visibility and transparency
• Improved communication and collaboration among team members

Throughout the life of a project, the schedule, costs and performance are always considered as:

• Insignificant factors
• Critical factors
• Secondary factors
• Non-essential factors

Project Management produces outputs. Programme management produces outcomes. Portfolio management produces:

• Success

• Products

• Benefits

• Services