Mod 2 Unit 1

What are the major project outcomes and deliverables that need to be included in a project proposal?

• Project timeline and budget

• Team members' personal details

• Office location and size

• Company's annual revenue

A project should be completed according to the project proposal requirements by:

• Following the outlined steps and guidelines

• Ignoring the proposal and improvising

• Consulting only the team members

• Focusing solely on the budget

A high-level estimate of the cost in a project proposal is known as:

• Budget estimate

• Detailed estimate

• Preliminary estimate

• Final estimate

A high-level estimate of the completion time in a project proposal is:

• a detailed timeline

• a rough timeline

• an exact date

• a list of tasks

A project should be undertaken according to the project proposal because:

• it ensures alignment with organizational goals.

• it allows for random changes during execution.

• it disregards stakeholder expectations.

• it increases project costs.

What benefits will the company gain by completing the project as per the proposal?

• Increased revenue and market share

• Improved employee satisfaction

• Enhanced brand reputation

• All of the above

What are the risks that could derail the project as mentioned in the proposal?

• Budget overruns

• Lack of resources

• Technical challenges

• All of the above

Who are the major stakeholders and what are their roles in the project?

• Project Manager, Team Members, Clients

• Only Project Manager

• Only Team Members

• Only Clients

How does the project proposal address the increase in global activities?

• By expanding international partnerships

• By reducing global activities

• By ignoring global trends

• By focusing solely on local issues

The purpose of a project charter is to:

• Define the project's objectives and scope

• Assign tasks to team members

• Monitor project progress

• Close the project