Project Management Concepts Quiz_Round 3

Project Management Concepts Quiz_Round 3

Professional Development

30 Qs

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Project Management Concepts Quiz_Round 3

Project Management Concepts Quiz_Round 3

Assessment

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Other

Professional Development

Easy

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Diamond Brown

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30 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the cost baseline?

Total planned cost

Budget for the project

Approved version of the time-phased project budget

Funding requirement

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the key purpose of validate scope?

Check schedule progress

Gain formal acceptance of deliverables

Define roles

Acquire resources

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the best way to deal with unidentified project risks?

Add them to the scope statement

Use contingency and management reserves

Escalate to stakeholders

Ignore them

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does “Plan Risk Responses” focus on?

Risk identification

Prioritizing risks

Defining actions to address risks

Quantitative risk analysis

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an example of a cost-reimbursable contract?

Firm Fixed Price (FFP)

Time and Materials (T&M)

Cost Plus Fixed Fee (CPFF)

Lump Sum

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a stakeholder engagement assessment matrix used for?

Tracking deliverables

Evaluating stakeholder engagement levels

Managing contracts

Approving budgets

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the “Control Quality” process focus on?

Acceptance of deliverables

Monitoring stakeholder feedback

Verifying that results comply with quality standards

Defining metrics

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