SE2 (LEC) Week 1-2 Project Management Essentials

Imagine the company you work with is beginning an initiative to audit and update internal training resources. Once this initiative is completed the company will present a new training library to employees as a resource for tasks they should complete.

Which of the following terms best describes this initiative?

• A program

• An inventory of assets

• A project

• A portfolio

You are the project manager for implementing a new IT ticketing system at your company.

Which of the following tasks best demonstrates the "organized execution" characteristic of project management in this scenario?

• Identifying potential risks associated with the implementation, such as data migration issues.

• Defining the desired features and functionalities of the ticketing system.

• Creating a detailed project plan with assigned tasks, milestones, and deadlines.

• Securing necessary

  budget approval and equipment for the project team.

Which of the following is most likely to be part of a program, but not a project?

• Implementing a company-wide training program

• Launching a marketing campaign for a specific product

• Creating a website for a specific event

• Developing a new software feature

Which of the following definitions best describes project management?

• Project management is the ongoing management of a team of skilled workers that deliver a product to a client.

• Project management is a detailed scheduling of multiple tasks within a project.

• Project management uses specific knowledge, skills, tools, and techniques to deliver valuable projects to clients.

• Project management coordinates with stakeholders in a project to obtain feedback on deliverables.

Which two of the following are benefits of project management?

• Project management increases customer satisfaction by planning and meeting expectations.

• Project management predicts profits, margins and issues payments to people working on projects.

• Project management improves communication within teams and overall satisfaction for employees.

• Project management improves productivity, efficiency, and quality of work.

Which of the following is NOT a key characteristic of project management?

• Proactive risk identification and mitigation

• Delivery of value to people

• Organized execution with defined constraints

• Ongoing management of a team or department

Which of the following statements best identifies the role of project management in projects?

• Scoping out and creating the initial statement of work for a project.

• Processing the budget and payments from the client.

• Ensuring quality of deliverables.

• Balancing the scope of work, resources, timelines and budget

Imagine you're working at a technology company developing a new e-commerce platform. Choose the most appropriate category (project, program, or portfolio) for each scenario:

You're responsible for ensuring all IT systems, including the e-commerce platform, CRM, and internal communication tools, align with the company's overall digital strategy.

• Portfolio

• Program

• Project

• none of the above

Which of the following is NOT a characteristic of a project?

• Is ongoing and continuously evolving

• Has a defined start and end date

• Aims for a unique product, service, or result

• Involves managing resources and tasks

Imagine you're working at a technology company developing a new e-commerce platform. Choose the most appropriate category (project, program, or portfolio) for each scenario:

You manage a team developing several new e-commerce features, such as personalized product recommendations and a subscription box service.

• Program

• Project

• Project

• none of the above