Project Control Key Terminologies

What is the purpose of a Work Breakdown Structure (WBS)?

• To manage project resources effectively
• To break down the project scope into manageable components
• To track project progress and IT systems
• To determine the critical path of activities

What is the Critical Path Method (CPM) used for?

• Identifying project milestones
• Assessing project risks
• Managing project resources
• Determining the minimum project duration

Which tool is used to visually represent project tasks over time?

• Gantt Chart
• Project Schedule
• Work Breakdown Structure (WBS)
• Critical Path Method (CPM)

What is the purpose of resource allocation in project management?

• To track project progress
• To manage project risks
• To assign and manage resources to project tasks
• To optimise project schedule and resource allocation

What is the Project Baseline used for?

• Assessing project risks
• Tracking project progress
• Guiding project execution and monitoring performance
• Measuring project performance against the original approved plan

What is Earned Value Management (EVM) used for?

• Assessing project risks
• Tracking project progress
• Measuring project performance integrating scope, schedule, and cost
• Managing unexpected events or risks

What is a milestone in project management?

• A significant point in the project timeline marking the completion of a key deliverable
• An unauthorised change or addition to project scope
• Assessing the effects of delays on the project schedule
• A graphical representation of resource utilisation over time

What is risk management in project management?

• Assessing project risks
• Identifying project milestones
• Managing project resources
• Finalising project activities and documenting lessons learned

What does a Change Order request in project management?

• Modify project scope, schedule, or cost
• Assess the effects of delays on the project schedule
• Acquire goods and services for the project
• Track and report on the status of project activities

What is the purpose of a Project Management Plan (PMP)?

• Finalising all project activities and documenting lessons learned
• Assessing project risks
• Outlining project management processes and procedures
• Assigning and managing resources to project tasks