Project Management 9626 IT

What is the primary goal of project management?

• Maximize costs and resources

• Ignore project deadlines

• Achieve project objectives within constraints

• Minimize stakeholder involvement

Explain the difference between a project and an operation.

• Projects are ongoing and repetitive, while operations are temporary with specific goals.

• Projects have no set timeline, while operations are time-bound.

• Projects are temporary with specific goals, while operations are ongoing and repetitive.

• Projects are part of routine operations, while operations are standalone endeavors.

What are the key components of a project management plan?

• Quality assurance plan, project charter, change management plan, resource allocation

• Task list, milestone chart, cost-benefit analysis, communication strategy

• Scope statement, schedule, budget, risk management plan, communication plan, quality management plan, resource management plan, procurement plan, and stakeholder management plan

• Team management plan, progress report, risk assessment, stakeholder analysis

Describe the role of a project manager in a project.

• The project manager is not involved in monitoring the project progress.

• The project manager is primarily focused on marketing the project.

• The project manager is responsible for planning, executing, monitoring, and closing the project.

• The project manager is only responsible for executing the project.

What is a Gantt chart and how is it used in project management?

• A Gantt chart is a visual representation of a project schedule used in project management.

• A Gantt chart is a type of clothing used in project management.

• A Gantt chart is a type of food used in project management.

• A Gantt chart is a type of musical instrument used in project management.

What are the main stages of the project life cycle?

• Initiation, Execution, Closing, Monitoring, Planning

• Start, Middle, End, Review, Approval

• Conceptualization, Development, Testing, Deployment, Maintenance

• Initiation, Planning, Execution, Monitoring and Controlling, Closing

Discuss the importance of risk management in project management.

• Risk management is irrelevant in project management

• Risk management is important in project management to identify, assess, and mitigate potential risks that could impact the project's success.

• Risks should be addressed after project completion

• Ignoring risks leads to better project outcomes

Explain the concept of scope creep and how it can impact a project.

• Scope creep always results in increased stakeholder satisfaction

• Scope creep has no impact on project timelines

• Scope creep is a positive aspect of project management

• Scope creep is the gradual expansion of a project's goals, requirements, and deliverables without proper authorization. It can impact a project by causing delays, budget overruns, decreased quality, and stakeholder dissatisfaction.

What is the significance of stakeholder management in project management?

• Stakeholder management is only necessary for large projects

• Stakeholder management has no impact on project outcomes

• Stakeholder management is solely the responsibility of the project manager

• Stakeholder management is crucial for project success as it helps in understanding and addressing the needs of those involved in or affected by the project.

How can project management software help in managing projects effectively?

• By providing tools for weather forecasting, recipe suggestions, and fitness tracking.

• By offering services for pet grooming, car maintenance, and interior design.

• By providing tools for task scheduling, resource allocation, budget tracking, communication, collaboration, and progress monitoring.

• By enabling users to play video games, watch movies, and listen to music.