What is the purpose of dividing projects into phases?

• To reduce the number of stakeholders

• To manage uncertainty and system complexity

• To eliminate the need for deliverables

• To avoid using resources

What does the product life cycle define?

• The cost of the product

• The marketing strategy

• The process to define, create, and deliver products

• The team structure

Which of the following is NOT part of the generic project life cycle phases described in PMBOK® Guide?

• Starting the project

• Marketing the product

• Organizing and preparing

• Finishing the project

In which phase of the project life cycle is uncertainty highest?

• Final phase

• Early phase

• Middle phase

• Post-project phase

What is a deliverable in project management?

• A team member

• A product or service produced as part of a project

• A stakeholder

• A budget item

What is the predictive lifecycle model best suited for?

• Projects with changing requirements

• Projects with well-defined requirements

• Projects with no budget

• Projects with no timeline

What is a key characteristic of IT projects?

• They are always hardware-based

• They require only technical skills

• They are diverse in size, complexity, and application area

• They do not support business functions

Why do companies hire graduates from diverse fields for IT projects?

• To reduce salary costs

• To bring different perspectives to IT projects

• To avoid training costs

• To increase project duration

What challenge is posed by diverse technologies in IT projects?

• Reduced innovation

• Communication difficulties between professionals

• Increased project costs

• Decreased demand for IT professionals

What does outsourcing involve?

• Hiring internal staff

• Acquiring goods or services from an external source

• Reducing project scope

• Avoiding global collaboration