WorksheetsProject Management
Total questions: 25
Worksheet time: 13mins
A project is
A group of related projects managed in a coordinated way to obtain the benefits and control not available from managing them individually.
A temporary endeavor was undertaken to create a unique product, service or result.
An organizational function performing the ongoing execution of activities that produce the same product or provide a repetitive service
A function of operations that focuses on sustaining business that may have a one-time configuration or ongoing processes.
Using a project management methodology for each process area, a project manager needs to know the:
Stakeholder details and management decisions
Information systems, and their inputs and outcomes.
Inputs, tools, techniques and outputs.
Monitoring and integration points of the systems.
Project management is
The centralized coordinated management of a program to achieve the program’s strategic objectives and benefits.
The centralized coordinated management of a program to achieve the program’s strategic objectives and benefits.
The centralized coordination of operations and programs to achieve the program’s strategic objectives and benefits.
The application of knowledge, skills, tools and techniques to project activities to meet the project requirements.
The five project management process groups are
Initiate, plan, control, execute, close
Design, measure, analyze, improve, control
Initiate, plan, evaluate, execute, close
Define, measure, destroy, design, verify
One of the most important characteristics of an effective project manager is to be able to:
Communicate clearly and effectively with all stakeholders
Be able to understand and do all of the technical work required to complete the project.
Create quality project plans.
Lead dynamic presentations to the customers
A project management plan is:
A formal, approved document that defines how the project will be executed, monitored and controlled.
A document that graphically depicts the project team members and their interrelationships for a specific inter relational diagram to discover root causes.
The aggregation of the tools and techniques needed to manage a project.
Contains only the plans for each of the triple constraints and their baselines.
The cure for scope creep is:
To clearly document the scope of work to be done and then follow the integration change process.
To clearly identify what work will be completed and what work will not be included and then follow a scope change request process.
To be sure to communicate with the customer the scope of the project and follow the project plans.
Take a project management self-defense course
The desire to fund a project should be based upon:
Cost savings
Time savings
Resource constraints
The value the project will provide to the organisation
Risk is an uncertain event or condition that, if it occurs, has a positive or negative effect on a project's objectives. True or false?
True
False
____ involves collecting and disseminating performance information, including status reports, progress measurement, and forecasting.
Performance reporting
Communications planning
Managing stakeholders
Information distribution
What does PM stand for?
Product Manager
Project Manager
Programme Manager
Portfolio Manager
The scope of the project is
strictly limited and tightly defined
always flexible and allow changes
only understandable to the project manager
The sooner you identify these _____the sooner you nip negative developments
Goals
Advantages
Risks
Plans
The activities performed to define a new project or a new phase of an existing project is known as
Monitoring and Controlling
Executing
Planning
Estimating
The activities performed to track, review, and regulate the execution of the project; identify any areas in which changes to the plan are required; and initiate corresponding changes
Initiating
Planning
Executing
Monitoring
You and your team work on a project. You estimated it, and you can see that you are within budget but two months beyond the deadline. What’s your BEST next action?
Recommend canceling the project.
Reduce estimates to fit into the deadline and keep the client.
Suggest reducing the project scope to fit into the deadline.
Present estimates to the client and suggest moving the deadline.
At the end of the project, the client says he wants to see the Manual. You never discussed that you should create any documentation. The client pays for software engineers only. What went wrong?
Project boundaries were not clearly defined.
You should have created the Manual yourself.
The contract does not clearly exclude the Manual from the project scope.
Which one is not a part of the Project Management Process?
Initiating
Monitoring and Controlling
Planning
Managing
You are hired to a company and assigned to a project. What is your best way to learn how to lead a project in this company?
Read books – all companies run projects in the same way.
Look for documentation – all companies have a documented project management approach.
Ask your direct manager or other project managers.
Read industry specific blogs.
A crucial team member suddenly leaves the project breaking the contract terms and even paying the penalty. Because of that, the project missed the deadline, and the final product was of poor quality. Who is responsible for this failure?
The team member.
HR Department.
Clients
Project Manager.
“Tangible or intangible piece of the project outputs to produce the final product, service, or result” is the definition of:
A deliverable
The Project Scope
A project contract
Anything created on a project
Which one is NOT a benefit of breaking the project down into phases:
Making the project more manageable.
Separating work different in nature.
Creating checkpoint to make crucial decisions.
Proving the project budget.
What is the purpose of identifying milestones?
To keep track of your finances
To help you keep track of each key stage of the project
To speed up your work process
To delegate all your tasks to others
Is project management a specialized stream which is only performed by trained professionals?
True
False
Risk Management needs to be performed
Only during initiation
Till the Project Management Plan is completed
Throughout the project life cycle
