IE 425 Engineering Project Management Lecture #2 Quiz
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IE 425 Engineering Project Management Lecture #2 Quiz

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@EminentFresno

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Questions and Answers

What is the main discipline of project management?

  • Creating project schedules
  • Managing a series of tasks within a given amount of time and budget (correct)
  • Hiring project participants
  • Developing project objectives

    • Who are considered as project participants?

  • Suppliers, vendors, and external stakeholders
  • Team members, consultants, contractors, and functional managers (correct)
  • Project sponsors and executives
  • Only the team members and consultants

    • What is one of the objectives of the present lecture?

  • To discuss risk management processes
  • To give an overview of cost management processes
  • To develop project schedules
  • To provide an overview of the project life cycle (correct)

    • What is the primary reason for considering cost in project time management?

    <p>To prevent schedule over-runs</p> Signup and view all the answers

    How is an event different from an activity in project management?

    <p>Activities have a recognizable beginning and end, while events mark the completion of an activity</p> Signup and view all the answers

    What is the main responsibility of a project manager in the time management process?

    <p>To manage the project schedule effectively</p> Signup and view all the answers

    Why is scheduling considered the easiest way of managing project time?

    <p>It helps in estimating activities and determining their durations</p> Signup and view all the answers

    In a project management hierarchy, who typically reports to the Project Owner?

    <p>Database Architect</p> Signup and view all the answers

    Which phase of the project life cycle includes monitoring and controlling?

    <p>Execution</p> Signup and view all the answers

    What is the first step in the Initiation phase of a project?

    <p>Define the Scope and purpose</p> Signup and view all the answers

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