Module 1 CAPM (part 2)

In Functional Organization, who has the most authority to manage the projects?

• Project Manager

• Funtional Manager

• Project Management Administrative staff

• Employees

Which type of organizational structure is characterized by project managers having full responsibility for the budget of their projects?

• Funtional

• Virtual

• Project-Oriented

• Multi-divisional

What is the primary objective of a project manager in predictive environments?

• Achieving high-level requirements

• Completing the project on time and within budget

• Providing detailef risk management

• Fostering teamwork among stakeholder

When is it better for the project manager to involve the project?

• During the initiation phase

• after the completion of the project

• after the creation of project management plan

• Before the initiation phase

Who are considered stakeholders in a project?

• Only Project team members

• Individual outside the organization

• Anyone who affects the project or is affected by it

• only the project manager and project sponsor

What are the major responsibilities of a project sponsor?

• Managing detailed risk and issues

• Financing the project and preventing unnecessary changes

• Managing the projecr team and resources

• Approving detailed project plans and schedules

How does the project sponsor's role differ from that of the project manager?

• The Project Sponsor provides finance while the project manager manage the budget

• The project sponsor is responsible for creating the project management plan, while the project manager assists

• The Project sponsor is technical expert, while the project manager is the leader

• The project sponsor manages risks, while the Project Managers the schedule

What is the main advantage of using a project-oriented organizational structure?

• Clear hierarchy and authority

• Flexibility in resource allocation

• Enhanced communication among departments

• Lower operational costs

Which document is primarily used to outline the project sponsor's expectations and requirements?

• Project Charter

• Project Management Plan

• Stakeholder Register

• Risk Management Plan

What is a key responsibility of the project manager during the execution phase of a project?

• Defining project scope

• Monitoring project progress and performance

• Conducting stakeholder analysis

• Finalizing project closure