Project Management Questions

What is the primary goal of project management?

• To ensure that all organizational tasks are completed

• To achieve specific project objectives within scope, time, and budget constraints

• To maintain daily operations and business continuity

• To develop new business strategies for long-term growth

Which of the following best describes the difference between a project and operations?

• A. A project is temporary and unique, while operations are ongoing and repetitive

• B. A project is focused on long-term stability, while operations aim for innovation

• C. Operations always require project management techniques

• D. Operations and projects have identical objectives and timelines

Who is primarily responsible for leading and managing the execution of a project?

• Operations Manager

• Chief Executive Officer (CEO)

• Project Manager

• Portfolio Manager

Which project management methodology follows a linear, sequential approach?

In project management, what does a portfolio consist of?

• A. A single large project with multiple phases

• B. A collection of related and unrelated projects and programs

• C. A detailed plan for completing a single project

• D. A method for tracking daily business operations

Which of the following is the correct sequence of the project life cycle stages?

• Planning, Initiation, Execution, Monitoring, Closing

• Initiation, Planning, Execution, Monitoring, Closing

• Initiation, Execution, Planning, Closing, Monitoring

• Planning, Execution, Initiation, Closing, Monitoring

What is the primary purpose of the project initiation phase?

• To create detailed work schedules and cost estimates

• To close the project and document lessons learned

• To define the project scope, objectives, and feasibility

• To track project progress and manage risks

Who among the following is NOT typically considered a project stakeholder?

• Project Sponsor

• Team Members

• Competitors

• Customers

What is a project charter?

• A document that formally authorizes a project and outlines key details

• A schedule of all tasks to be completed in a project

• A financial plan showing budget allocation for each phase

• A legal contract between project team members

During which phase of the project life cycle is stakeholder engagement most critical?

• Closing

• Execution

• Planning

• Initiation