Mastering Project and Change Management

Which of the following is a key purpose of risk management in a business project?

• To eliminate all possible risks

• To identify, assess, and mitigate potential threats to project objectives

• To increase the number of stakeholders

• To ensure the project finishes ahead of schedule

Which stakeholder is most likely to have a direct influence on the project's funding?

• End user

• Project sponsor

• Project team member

• Supplier

Which of the following is NOT a stage in Lewin’s Change Management Model?

• Unfreeze

• Change

• Refreeze

• Analyse

What does a Gantt chart primarily help with in project planning?

• Measuring staff performance

• Scheduling tasks and tracking progress over time

• Calculating project costs

• Identifying project risks

Which of the following is a quantitative performance measurement method?

• Staff feedback

• Key Performance Indicators (KPIs)

• Customer testimonials

• Brainstorming sessions

In a PERT chart, what does a 'critical path' represent?

• The path with the most tasks

• The sequence of tasks that determines the minimum project duration

• The path with the least risk

• The path with the most resources

Which of the following is an example of a risk mitigation strategy?

• Ignoring the risk

• Transferring the risk

• Increasing the risk

• Delaying risk assessment

Who is responsible for communicating project progress to stakeholders?

• Project manager

• End user

• Supplier

• Customer

Which change management model includes the steps: Create urgency, Form a powerful coalition, and Generate short-term wins?

• Lewin’s Model

• Kotter’s 8-Step Model

• McKinsey 7-S Model

• ADKAR Model

What is the main advantage of using the Work Breakdown Structure (WBS) in project planning?

• It increases project costs

• It breaks the project into manageable sections

• It reduces the number of stakeholders

• It eliminates the need for a project manager