Project Management Quiz

What is the unique result of a project called?

• Value

• Product

• Task

• Strategy

What is a benefit that a project brings to a business?

• Value

• Cost

• Risk

• Delay

What is project management?

• A way to avoid projects

• An approach to completing a project

• A method to increase costs

• A strategy to delay tasks

Why does a business begin a project?

• To reduce value

• To generate new value

• To increase complexity

• To avoid change

What is a product roadmap?

• A detailed task list

• A high-level document

• A financial report

• A marketing plan

What are the phases of completing a project called?

• Project Timeline

• Project Life Cycle

• Project Budget

• Project Strategy

Name the first stage of a project life cycle.

• Planning

• Execution

• Initiation

• Closure

What is the purpose of a project manager?

• To delay projects

• To coordinate efforts and talents

• To increase costs

• To avoid communication

What are the primary components of a business case?

• Summary and goals, project plan, budget and schedule, SWOT analysis

• Project sponsor, project manager, deliverables, objectives

• Budget, timeline, resources, risks

• Goals, objectives, tasks, deadlines

What does a SWOT Analysis outline?

• Strengths, Weaknesses, Opportunities, Threats

• Goals, Objectives, Tasks, Deadlines

• Budget, Schedule, Resources, Risks

• Summary, Plan, Execution, Review