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Project Investment Lifecycle Quiz
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Project Investment Lifecycle Quiz

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Questions and Answers

Which phase of the project lifecycle involves the use of risk log, issue log, and status report?

  • Initiation phase
  • Closure phase
  • Execution phase (correct)
  • Planning phase

    • What is the primary focus of making extra efforts to meet milestone dates in project management?

  • Ensuring client satisfaction (correct)
  • Maximizing resource utilization
  • Avoiding stakeholder conflicts
  • Minimizing project costs

    • What is a key component of project success according to the text?

  • Minimizing project duration
  • Maximizing project scope
  • Meeting project goals and specifications (correct)
  • Avoiding stakeholder involvement

    • What should be evaluated when considering a project as a well-defined entity?

    <p>Investment, profile of risks</p> Signup and view all the answers

    What documents are associated with the initiation phase of the project lifecycle?

    <p>Project charter and stakeholder's register</p> Signup and view all the answers

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