Project Management

An optimum project schedule implies

• Lowest possible cost and shortest possible time of project

• Timely execution of project

• To produce best results under given constraints

• Optimum utilization of men, machine and material

Which is not a direct benefit of project management software?

• Improved task scheduling

• Enhanced stakeholder communication

• Increased project cost

• Better resource allocation

What is a key feature of effective project management?

• Flexibility to adapt to changes

• Strict adherence to initial plans

• Minimizing team collaboration

• Ignoring stakeholder feedback

What does a project manager primarily focus on?

• Personal development of team members

• Technical skills of team members

• Minimizing project costs only

• Overall project success and delivery

What is the primary goal of risk management in projects?

• To increase project costs

• To avoid stakeholder involvement

• To identify and mitigate potential risks

• To eliminate all risks

Which of the following is a common method for tracking project progress?

• Personal diaries

• Gantt charts

• Random sampling

• Social media updates

What is a common challenge faced by project managers?

• Unclear project objectives

• Overly detailed project plans

• Too many resources allocated

• Excessive team collaboration

Which of the following is essential for effective team communication?

• Limiting feedback

• Using only formal communication

• Strict email protocols

• Regular status meetings

What is the purpose of a project charter?

• To outline the project budget

• To define the project scope and objectives

• To assign tasks to team members

• To track project expenses

What is the role of a stakeholder in project management?

• To execute project tasks directly

• To influence project decisions and outcomes

• To oversee the project manager's performance

• To provide funding for the project