Projects

What is a correct definition of a project?

• A temporary endeavor with a specific goal, scope, and resources.
• A long-term endeavor with no specific goal or scope
• A permanent endeavor with constantly changing resources
• A temporary endeavor with no specific goal or scope

Which of the below gives 3 correct features of a project?

• Changing and adaptable objectives, no fixed budget, several stakeholders

• One main team member, a set end date that cannot be moved, one main stakeholder

• Clear objectives, separate from 'normal' work, allocated resources

• Separate from 'normal' work, a set budget, unimportant

The scope of a project is ...

• what it includes/ doesn't include

• the allocated project team

• the available budget

• the reason for undertaking it

The rationale of a project is...

• the aim of it.

• the method used to ensure it is successful.

• the reason for undertaking it.

• the allocated budget.

What is the definition of risk mitigation?

• Process of establishing the impact of potential risks

• Process of reducing or minimising the impact of potential risks

• Process of monitoring potential risks

• Process of recording potential risks

SMART objectives should be...

• standardised, measurable, accurate, reasonable, time bound

• specific, measurable, achievable, realistic, time bound

• specific, manageable, accurate, realistic, time bound

• specific, manageable, achievable, reasonable, time bound

A stakeholder of a project is someone who...

• has an input into how the project is ran.

• contributes directly towards the achievement of the project.

• invests money in to the project.

• has an interest in the project's success.