PM Skills for Life Training

What is the definition of a project?

• A long term endeavor to create a specific product, service or result

• A temporary endeavor to create a specific product, service or result

• short term endeavor to create a specific product, service or result

• A temporary endeavor to create a specific product

Project management is:

• 
  The centralized coordinated management of a program to achieve the program’s strategic objectives and benefits

• 
  The application of information systems to manage in a coordinated way a group of related projects.

• 
  The centralized coordination of operations and programs to achieve the program’s strategic objectives and benefits.

• The application of knowledge, skills, tools and techniques to project activities to meet the project requirements.

The five project management process groups are:

• Initiate, plan, control, execute, close

• 
  Define, design, deploy, evaluate, refine

• Design, measure, analyze, improve, control

• 
  Initiate, plan, evaluate, execute, close

• 
  Which of these is not an example of a project? 

• 
  Buying clothes from the market on a special sale. 

• Planning for your friends wedding. 

• Building a bridge across the Amazon river. 

• 
  Cleaning the office building every day. 

You have completed your project delivery and currently are in the project closing process. You have started preparing the lessons learned document. What is the primary objective of the lessons learned document?

• Continuous improvement

• Risk audit

• Quality audit

• Process analysis

To formally authorize the project, which of the following documents is necessary?

• Business case

• Project charter

• Project contract

What is the critical path in a project network diagram?

• The path that requires the most resources

• The shortest path to complete the project

• The path with the highest priority tasks

• The longest path that determines the project’s duration

The Project Management Triangle consists of which three constraints?

• Time, Cost, Quality

• Scope, Risk, Stakeholders

• Resources, Communication, Planning

• Objectives, Deliverables, Team

What is the purpose of a lessons learned report in project management?

• To document risks encountered during the project
  

• To highlight the achievements of the project team
  

• To provide recommendations for improving future projects

• To analyze the financial performance of the project

What does WBS stand for in project management?

• Work Breakdown System

• Workflow Building Strategy

• Workforce Budgeting System

• Work Breakdown Structure