Unit 6: Understand Planning for Success

Why is project planning essential for successful project delivery? (Select all that apply)

• It establishes a clear roadmap and objectives for the project

• It reduces the need for risk management

• It defines scope, resources, and timelines upfront

• It provides a basis for monitoring and controlling progress

Which of the following are common types of project plans used in effective project management? (Select all that apply)

• Schedule management plan

• Financial plan

• Resource management plan

• Communication plan

• Risk management plan

What are the main purposes of establishing a project baseline? (Select all that apply)

• It serves as a reference point for tracking project performance

• It facilitates comparison against scope, time, and cost targets

• It enables project variance analysis for corrective actions

• It provides additional resources for the project team

Which methods are commonly used for estimating project time and cost? (Select all that apply)

• Expert judgement based on similar projects

• Analogous estimating, using data from past projects

• Multi-layer budgeting techniques

• Parametric estimating with specific project parameters

• Monte Carlo simulation for probabilistic estimates

What are the primary reasons for developing a project budget? (Select all that apply)

• To outline resource allocations and estimated costs

• To provide a baseline for financial performance tracking

• To serve as a measure for monitoring cost performance

• To minimise stakeholder engagement in cost decisions

What is the purpose of a project schedule?

• To outline tasks, milestones, and deadlines for the project

• To document only financial targets for the project

• To specify resource requirements without timelines

• To eliminate the need for a baseline comparison

How can project dependencies be effectively managed? (Select all that apply)

• By clearly defining task sequences in the schedule

• By using dependency mapping tools like Gantt charts

• By ignoring minor dependencies

• By identifying critical path activities and their dependencies

Why is resource optimisation important in project management?

• It ensures efficient allocation and utilisation of resources

• It eliminates the need for contingency planning

• It guarantees project success without delays

• It focuses only on resource costs

What are key elements typically included in a project risk register? (Select all that apply)

• Identified risks and their potential impacts

• Assigned risk owners for mitigation responsibility

• Risk response strategies and actions

• Final project deliverables

What is the purpose of implementing change control in a project?

• To manage and track changes to project scope, schedule, and costs

• To bypass stakeholder approval for minor adjustments

• To eliminate the need for a project baseline

• To simplify project reporting