Podcast
Questions and Answers
Which of the following is NOT a characteristic of a project?
Which of the following is NOT a characteristic of a project?
What is the primary purpose of a Work Breakdown Structure (WBS)?
What is the primary purpose of a Work Breakdown Structure (WBS)?
Which document provides high-level requirements and authorizes the start of a project?
Which document provides high-level requirements and authorizes the start of a project?
The '100% Rule' in the WBS refers to:
The '100% Rule' in the WBS refers to:
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Which of the following is an example of a functional requirement?
Which of the following is an example of a functional requirement?
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What is the main goal of a Requirements Traceability Matrix (RTM)?
What is the main goal of a Requirements Traceability Matrix (RTM)?
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In scope management, what is the purpose of the Scope Statement?
In scope management, what is the purpose of the Scope Statement?
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Which of the following is a common error in WBS creation?
Which of the following is a common error in WBS creation?
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What type of requirement focuses on the features and characteristics of the product?
What type of requirement focuses on the features and characteristics of the product?
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Which financial indicator measures the time required to recoup project investments?
Which financial indicator measures the time required to recoup project investments?
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Your project team has identified that several key requirements are ambiguous and conflicting. What should be your first course of action?
Your project team has identified that several key requirements are ambiguous and conflicting. What should be your first course of action?
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A client approaches you with a list of additional features they would like included after the project scope has been defined. What is the best approach to handle this situation?
A client approaches you with a list of additional features they would like included after the project scope has been defined. What is the best approach to handle this situation?
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During a project review, you notice a significant variance between the planned and actual scope. What should you do next?
During a project review, you notice a significant variance between the planned and actual scope. What should you do next?
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You are tasked with creating a WBS for a new project. The team is inexperienced. What approach would be most effective?
You are tasked with creating a WBS for a new project. The team is inexperienced. What approach would be most effective?
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A stakeholder expresses dissatisfaction with the current project deliverables, even though they meet the defined acceptance criteria. What should you do?
A stakeholder expresses dissatisfaction with the current project deliverables, even though they meet the defined acceptance criteria. What should you do?
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In scope management, which process involves finalizing and gaining formal approval of the project scope?
In scope management, which process involves finalizing and gaining formal approval of the project scope?
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What is a key characteristic of a good requirement?
What is a key characteristic of a good requirement?
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Which tool is commonly used for visualizing the hierarchical breakdown of project tasks?
Which tool is commonly used for visualizing the hierarchical breakdown of project tasks?
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What is the main purpose of scope creep management?
What is the main purpose of scope creep management?
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In the WBS, what are 'work packages'?
In the WBS, what are 'work packages'?
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Which requirement category includes constraints imposed by the regulatory environment?
Which requirement category includes constraints imposed by the regulatory environment?
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The process of progressively elaborating a project's scope through iterations is known as:
The process of progressively elaborating a project's scope through iterations is known as:
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In the context of requirements gathering, what does 'SMART' stand for?
In the context of requirements gathering, what does 'SMART' stand for?
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Which of the following is a common method for prioritizing requirements?
Which of the following is a common method for prioritizing requirements?
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What document serves as the basis for creating the WBS?
What document serves as the basis for creating the WBS?
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Which of the following elements is NOT typically included in a scope statement?
Which of the following elements is NOT typically included in a scope statement?
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A well-constructed WBS should have which of the following characteristics?
A well-constructed WBS should have which of the following characteristics?
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In scope management, what is the purpose of 'scope validation'?
In scope management, what is the purpose of 'scope validation'?
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Which of the following describes 'gold plating' in project management?
Which of the following describes 'gold plating' in project management?
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The WBS Dictionary is used primarily to:
The WBS Dictionary is used primarily to:
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You are preparing a WBS, but your team lacks specific product knowledge. What is the most appropriate next step?
You are preparing a WBS, but your team lacks specific product knowledge. What is the most appropriate next step?
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Your project sponsor is eager to see progress and asks for frequent updates on the WBS development. What would be the best way to manage their expectations?
Your project sponsor is eager to see progress and asks for frequent updates on the WBS development. What would be the best way to manage their expectations?
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A stakeholder provides feedback suggesting an additional feature not included in the original requirements. How should you proceed?
A stakeholder provides feedback suggesting an additional feature not included in the original requirements. How should you proceed?
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During scope validation, the client rejects a deliverable that meets the documented acceptance criteria. What should you do next?
During scope validation, the client rejects a deliverable that meets the documented acceptance criteria. What should you do next?
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You notice the project scope is expanding due to additional stakeholder requests. What is the best strategy to handle this situation?
You notice the project scope is expanding due to additional stakeholder requests. What is the best strategy to handle this situation?
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Your team is struggling to define the scope clearly. Which tool or technique would best help in clarifying and documenting the scope?
Your team is struggling to define the scope clearly. Which tool or technique would best help in clarifying and documenting the scope?
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A project team is finalizing the WBS, but they encounter disagreements about the level of detail required for certain tasks. What approach should you take to resolve this?
A project team is finalizing the WBS, but they encounter disagreements about the level of detail required for certain tasks. What approach should you take to resolve this?
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You are reviewing the scope baseline when a key stakeholder identifies a critical requirement that was missed. What is the most appropriate response?
You are reviewing the scope baseline when a key stakeholder identifies a critical requirement that was missed. What is the most appropriate response?
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A client requests several new features mid-project, but the team is already facing tight deadlines. What should you prioritize?
A client requests several new features mid-project, but the team is already facing tight deadlines. What should you prioritize?
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Your project sponsor is concerned that the scope validation process is taking too long. What can you do to speed up the process without compromising quality?
Your project sponsor is concerned that the scope validation process is taking too long. What can you do to speed up the process without compromising quality?
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While creating the WBS, a team member suggests including potential risks as part of the work packages. How should you respond?
While creating the WBS, a team member suggests including potential risks as part of the work packages. How should you respond?
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The project manager notices that work performance data shows significant delays in completing tasks on the WBS. What action should be taken first?
The project manager notices that work performance data shows significant delays in completing tasks on the WBS. What action should be taken first?
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Your team is developing a WBS using a bottom-up approach, but progress is slow due to limited experience. What is the best solution?
Your team is developing a WBS using a bottom-up approach, but progress is slow due to limited experience. What is the best solution?
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A key stakeholder insists on adding a feature that was explicitly excluded in the scope statement. What is your best course of action?
A key stakeholder insists on adding a feature that was explicitly excluded in the scope statement. What is your best course of action?
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You are leading a scope validation meeting with the client. They point out a minor issue with one of the deliverables. What should you do?
You are leading a scope validation meeting with the client. They point out a minor issue with one of the deliverables. What should you do?
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A senior manager wants to add a new requirement late in the project that could impact the timeline. How should you handle this request?
A senior manager wants to add a new requirement late in the project that could impact the timeline. How should you handle this request?
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During a project review, you find that certain tasks in the WBS are incomplete despite being assigned. What is your first step in addressing this issue?
During a project review, you find that certain tasks in the WBS are incomplete despite being assigned. What is your first step in addressing this issue?
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Your project team has finished the WBS, but the client suggests additional breakdowns for greater detail. What should you consider before making changes?
Your project team has finished the WBS, but the client suggests additional breakdowns for greater detail. What should you consider before making changes?
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You are managing a project with a very limited budget. A stakeholder requests a new feature that was not included in the initial requirements. How do you respond?
You are managing a project with a very limited budget. A stakeholder requests a new feature that was not included in the initial requirements. How do you respond?
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Your team is working on creating a WBS but is unsure when to stop decomposing tasks. What guideline can you provide?
Your team is working on creating a WBS but is unsure when to stop decomposing tasks. What guideline can you provide?
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Study Notes
Project Management Fundamentals
- Project Characteristics: Projects are temporary endeavors, creating unique products, services, or results. They have defined objectives.
- Work Breakdown Structure (WBS): Decomposes the project scope into manageable tasks.
- Project Charter: Provides high-level requirements and authorizes project start.
- Scope Creep (100% Rule): Ensures all deliverables defined in the project scope are completed.
- Functional Requirements: Characteristics like "user-friendly" or "industry standards".
- Requirements Traceability Matrix (RTM): Prioritizes project tasks.
- Scope Statement: Defines project goals, objectives, and acceptance criteria.
- Scope Validation: Formalizes scope approval.
- Scope Creep Prevention: Crucial to prevent unauthorized changes to the project scope.
Requirements Management
- Good Requirements: Specific, measurable, achievable, realistic, and time-bound (SMART).
- Requirements Prioritization: Techniques like the MoSCoW method.
- Scope Validation Method: Ensures all the documented requirements are met during project completion.
- Requirements Traceability Matrix (RTM): Important tool in scope management for verifying the impact and ensuring the completeness of project deliverables.
Scope Management
- Scope Creep: Adding new features or tasks mid-project.
- Scope Validation: Verify the project deliverables meet the requirements.
- Stakeholder Management: Addressing stakeholder needs and concerns related to scope issues.
- Scope Control: Managing changes to the project scope over the duration.
- Work Packages (WBS): Smallest units of work in a WBS.
- WBS Dictionary: Documents details about each work package.
- Scope Definition: Clear definition of project goals, objectives, and deliverables is needed at the start to manage scope.
Project Management Processes
- Progressive Elaboration: Progressively refining a project scope through iterations.
- Change Management: Managing changes proactively (scope change requests, stakeholder requests).
- Scope Impact Assessment: Assessing potential impacts of scope changes on schedule, costs, and resources.
- Acceptance Criteria: Standards for confirming a deliverable's completion.
Project Risk/Issues/Problems
- Project Risk Management: Identifying, analyzing, and mitigating potential risks.
- Financial Indicators: ROI, NPV, IRR and Payback Period assist in determining the success by evaluating the recoup time from project investments.
- Risk Analysis: Evaluate the likelihood and potential impact of project risks.
- Risk Response Planning: Prepare strategies for handling potential risks.
- Contingency Planning: Plan for unexpected circumstances.
- Escalation: When issues are critical enough need to be brought up to higher authority.
Project Execution/Control
- Work Breakdown Structure (WBS): Hierarchical decomposition of project work into smaller components.
- Best Practices/Tools: Utilize tools and techniques for effective scope management (e.g., Work Breakdown Structure (WBS), Requirements Workshops, Risk Management Plan).
- Scope Baseline: Serves as the basis for scope creation.
- Deliverables: Products, services, and results of a project.
- Reporting Periods: When to stop decomposing tasks when creating a WBS.
Project Communication/Engagement
- Stakeholder Communication: Managing stakeholder communication.
- Stakeholder Management: Handling all stakeholder concerns and issues.
- Scope Management Best Practices: Use best practices to handle issues and concerns.
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