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SY53102FP PM Chapter 2

Authored by Phie Lip Wee

Professional Development

Professional Development

SY53102FP PM Chapter 2
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the first phase in the project life cycle?

Planning Phase

Execution Phase

Initiation Phase

Closure Phase

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the three main purpose of the Project Initiation Phase?

Define the project, identify stakeholders, set project rules.

Plan the budget, hire staff, start execution

Analyze risk, create schedule, allocate resources

Close the project, evaluate outcomes, document lesson learned

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a category of people involved in a project?

Customers/users

Principal/Spnsor

Project Manager

Shareholders

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is responsible for the project from the initial phase till closure?

Principal

Project Manager

Customer

Project member

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does WBS stand for in project management?

Work Breakdown Structure

Weekly Budget Summary

Work Balance Sheet

Workplace Business Strategry

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does OBS stand for in project management?

Organizational Business Strategy

Operational Breakdown Structure

Organization Breakdown Structure

Operational Business Summary

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a common project selection method?

Payback period

Net Present Value (NPV)

Internal Rate of Return (IRR)

Return on Investment (ROI)

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