Understanding the Project Lifecycle

What is the primary objective of the Initiation Phase in a project lifecycle?

• To execute project tasks

• To define the project scope and objectives

• To monitor project progress

• To close the project

During which phase of the project lifecycle is a Gantt chart most likely to be created?

• Initiation Phase

• Planning Phase

• Execution Phase

• Closure Phase

Which of the following activities is typically performed during the Execution Phase?

• Developing the project charter

• Creating a risk management plan

• Completing project deliverables

• Conducting a post-project review

What is the main purpose of the Monitoring Phase in a project lifecycle?

• To identify stakeholders

• To track project progress and performance

• To finalise project documentation

• To develop a project schedule

Which phase involves the formal acceptance of the project and the ending of project activities?

• Initiation Phase

• Planning Phase

• Execution Phase

• Closure Phase

What is a key component of stakeholder engagement in a project?

• Ignoring stakeholder feedback

• Communicating regularly with stakeholders

• Avoiding stakeholder meetings

• Focusing solely on internal team members

Which document is typically created during the Initiation Phase to authorise the project?

• Project schedule

• Project charter

• Risk management plan

• Stakeholder register

In the Planning Phase, what is the purpose of a Work Breakdown Structure (WBS)?

• To assign tasks to team members

• To break down the project into manageable sections

• To monitor project costs

• To close the project

Which of the following is a common tool used in the Monitoring Phase to track project progress?

• SWOT analysis

• Gantt chart

• Fishbone diagram

• PERT chart

What is a primary activity during the Closure Phase of a project?

• Developing the project charter

• Conducting a post-project evaluation

• Executing project tasks

• Identifying project risks