Project evaluation Quiz - ITPM L9 Activity

What 3 factors should be considered in the project evaluation process?

• • Cost

• Project methodology

• • Timeline

• • Customer satisfaction

Before measuring project success, you need a clear understanding of what?

• Team and cost

• Objectives, scope, and timeline

• Quality, time and methodology

According to the article, a well-defined project scope helps you do what?

• End a project

• Hire teams

• set realistic expectations

When measuring project success, what step enables you to identify potential issues early and make necessary adjustments?

• Assess the current status

• Define the purpose

• Invest in more resources

How do you analyze the results achieved by the project so far

• By identifying potential issues early

• By communication with your team

• By looking at the results achieved against the project goals

What is the full meaning of KPI?

• Key Performance indicators

• Key Portfolio Indicator

• Key Performance index

Develop a risk management plan that includes strategies for mitigating or (a)   these risks [OPTIONS: Moving, Removing, Transferring]

Waterfall projects typically have a defined scope, schedule, and ______ at the outset.

• Team

• Cost

• Time

Under the waterfall metrics, what does SV stand for?

• Schedule variance

• Standard variance

• Schedule variation

Under the waterfall metrics, what does CV stand for?

• Cost variation

• Cost variance

• Cost variant