HPRO4104 Assessment 1 Preperation

What is project scope?

• The total cost of a project

• The work required to deliver a product, service, or result

• The duration of a project

• The team responsible for project delivery

What is scope creep?

• The process of reducing project costs

• The gradual increase in project scope without proper authorization

• The completion of a project ahead of schedule

• The formal approval of project scope changes

How can scope creep be prevented?

• Ignoring stakeholder requests

• Implementing strict budget controls

• Clearly defining and managing project requirements

• Reducing project quality standards

What tool is commonly used to break down project scope into manageable components?

• Gantt Chart

• Work Breakdown Structure (WBS)

• Risk Matrix

• Project Charter

What is the main purpose of risk management in a project?

• To eliminate all project risks

• To identify, assess, and mitigate potential risks

• To ensure the project is completed on time

• To increase project costs

Which of the following is NOT a type of project risk?

• Technical Risk

• Financial Risk

• Emotional Risk

• Operational Risk

In project planning, what is the Critical Path Method (CPM) used for?

• Identifying the longest sequence of dependent activities

• Calculating project costs

• Estimating resource requirements

• Measuring team performance

What is the purpose of a Risk Register?

• To list all possible project risks along with mitigation strategies

• To document project requirements

• To track project expenses

• To record team performance metrics

Which of the following is a key output of project planning?

• Lessons Learned Report

• Project Budget

• Risk Review Report

• Final Product Delivery

What is the primary objective of change control in a project?

• To prevent all changes to the project

• To ensure changes are evaluated, approved, and implemented in a controlled manner