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ISPRMT - Final Quiz 1

Authored by Ryan Gente

Professional Development

University

Used 9+ times

ISPRMT - Final Quiz 1
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30 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary goal of a feasibility study in project management?

To determine the project's financial benefits

To assess the practicality of a proposed project

To evaluate team performance

To measure customer satisfaction

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following best describes a risk assessment?

Planning a project budget

Identifying potential future problems

Reviewing past project successes

Developing a marketing strategy

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main purpose of creating a Work Breakdown Structure?

To assign tasks to team member

To divide a project into manageable sections

To finalize the project scope

To conduct performance reviews

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does optimism bias in project management typically lead to?

Underestimating potential risks

Overestimating the project budget

Perfect risk assessments

Increased team motivation

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The illusion of control in project management refers to:

Effective risk management

Overconfidence in controlling events

Accurate cost estimation

Transparent communication

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a fundamental step in planning according to the list?

Define the goal

Evaluate options

Implement the plan

Choose and confirm the best option

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What can project managers control?

Risk

Estimations

Task assignments

Future market conditions

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