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WorksheetsProject Management
Total questions: 25
Worksheet time: 14mins
What are the Five Project Management Process Groups in order?
Initiating, Planning, Monitoring & Controlling, Executing, and Closing.
Initiating, Monitoring & controlling, Planning, Executing, and Closing
Initiating, Executing, Planning, Monitoring & Controlling, and Closing
Initiating, Planning, Executing, Monitoring & Controlling. and Closing
You are a Project Manager currently. You have finalized the list of Stakeholders. Which Process Group are you working in?
Planning
Executing
Monitoring & controlling
Initiating
What are the 4 main stages of the Project Management Cycle?
Stop, Drop, Roll and Run
Initiate, Plan, Execute, Review
Think, Plan, Do, Move On to the Next One
Execute, Fail, Pass Blame, Repeat
What are the 3 main components of any project?
Availability, Reward, Recognition
Leader, Team, Senior Management
Time, Budget, Quality
Materials, Workers, Success
How might you build trust with stakeholders?
Be transparent in what you do
Admit any mistakes made
Utilise the best possible means of communication
Be empathetic towards stakeholder concerns/demands
What might be useful in planning a project?
Lots of money in the budget
Lots of time to complete it
A team that actually makes an effort
Project Initiation Document
What are the attributes of a Project Deliverable?
They have stakeholders whom they are created for
They are specific and measurable
They can be process, people or product related
They are often dependant on the completion of a prior deliverable
What would be useful to track project progress?
Gantt Charts
Kanban Boards
Review Meetings
Milestones
What may be used to create a budget for a project?
Crystal Ball
Stargazing
Zero-Based Approach
The mindset of the Chief Executive
What might you use for Post-Project Review?
After Action Review
Lessons Learnt Log
Post-Project Review Meeting
Quantitative Analysis of Gain
Which of the following is the process of developing a detailed description of the project and product ?
Scope
Project
The project scope focuses on
"What" of the project
"Which" of the project
"How" of the project
"When" of the project
Which of the following is the list of things that the project stakeholders have once the project completes?
Exclusions
Deliverables
Scope Statement
Project Charter
What if the project manager provides more information about the project?
It decreases the likelihood of a satisfactory product
It increases the likelihood of a satisfactory product
Define Start -to - Start activity
An activity must start before the next activity can finish.
An activity must start before the next activity can start.
An activity must start after the next activity can start.
An activity must finish before the next activity can start.
Which activity aims to maximize success of the project ?
Performance monitoring
CPM
PERT
Project Audit
Benefit of CPM...
A) Provides a graphical view of the Project.
B) Can't predict the time required to complete the project.
C) Easy manage a complex work.
D) Both A and C
Which activity aims to maximize success of the project ?
Performance monitoring
CPM
PERT
Project Audit
Project Management Information System helps to
A) To Plan
B) Monitor
C) Project Audit
D) Both A and B
Which are Key Project Resources of project ?
Materials, Time, Budget
People, Equipment, Time, Materials
People, Time, Materials
Equipment, Time, Budget, People
Who is the inventor of Gantt Chart
Hilary Gantt
Hilon Gantt
Henry Gantt
Harry Gantt
Contract between owner and user of an asset for periodical payments
Public deposit
Lease financing
Unsecured bonding
Term loans
Arrangement(guarantee )provided by the bank for repayment to suppliers
Retained loan
Deffered credits
Term loans
Bonds
Type of leasing in which the initial investment decision to purchase the asset is done by lessee
Financial lease
Operating lease
Sale back lease
Leverage lease
Indicate the type of review undertaken to decide whether a project should proceed into its next phase.
gate review
feasibility study
milestone review
evaluation review
