S2 PSL Semester Exam*

What is the term for all the work required to complete a project?

• Time management

• Project scope

• Risk analysis

• Sponsor

Which process involves estimating how long tasks will take and scheduling them?

• Scope creep

• Gold plating

• Time management

• Stakeholder engagement

What is the practice of identifying potential problems that could affect a project called?

• Risk analysis

• Scope creep

• Team building

• Gold plating

Who is a person or group with a vested interest in the outcome of a project?

• Sponsor

• Key stakeholder

• Team member

• Project manager

What do you call an individual assigned to perform specific tasks in a project?

• Sponsor

• Key stakeholder

• Team member

• Risk analyst

Who typically provides financial resources and overall support for a project?

• Team member

• Sponsor

• Stakeholder

• Project manager

What is “scope creep” in project management?

• Adding unauthorized work beyond the project scope

• Early project completion

• Risk mitigation

• Communication with stakeholders

Define “gold plating” in the context of project work.

• Adding extra features not required by the client

• Delaying project tasks

• Analyzing risks

• Expanding the project scope with approval

Why is it important to manage project scope carefully?

• To reduce team size

• To prevent delays and cost overruns

• To increase sponsor involvement

• To avoid using tools

What tool or technique can be used to control the project schedule?

• Risk register

• Gantt chart

• Stakeholder analysis

• Scope statement