WEEK 4 (Planning The Project)

What is the primary function of project planning?

• To evaluate project risks

• To assign tasks to team members

• To serve as a detailed map for the project manager

• To create a budget

What does WBS stand for in project management?

• Work Benefit Strategy

• Work Breakdown Structure

• Work Base System

• Work Balance Sheet

What is the role of stakeholders in the project charter?

• To provide funding

• To sign off on the project plan

• To manage the project team

• To create the project timeline

Inadequate planning is described as:

• A rare occurrence

• A sign of poor management

• Always leading to project failure

• More the case than the exception

What does the RACI matrix help to clarify?

• Stakeholder engagement

• Project timeline

• Team member responsibilities

• Project budget allocation

Which section is NOT part of the project charter?

• Major Deliverables

• Project Budget

• Project Approach

• Project Overview

What is the significance of the project charter?

• It assigns tasks to team members

• It details the project timeline

• It formalizes the project with the sponsor

• It outlines the project budget

What is a common consequence of inadequate planning?

• Successful project completion

• Increased project costs

• Enhanced team collaboration

• Reduced project scope

What is the purpose of the Work Breakdown Structure?

• To assign team roles

• To evaluate project risks

• To create a budget

• To ensure all tasks are accounted for

What is the first thing to be blamed when a problem arises during a project?

• Stakeholder involvement

• Budget constraints

• Inadequate planning

• Team performance