Project Management Basics

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Questions and Answers

What is the primary focus of the Lean project management methodology?

  • Reducing project costs
  • Minimizing project duration
  • Maximizing customer value and minimizing resource waste (correct)
  • Improving team communication

Which project management methodology was developed by the UK Government?

  • Six Sigma
  • Lean
  • CPM
  • PRINCE2 (correct)

What is the primary purpose of the Critical Path Method (CPM) in project management?

  • To estimate the total project cost
  • To identify the most critical tasks in a project (correct)
  • To develop a project schedule
  • To determine the project scope

Which methodology is focused on eliminating defects in production processes?

<p>Six Sigma (A)</p> Signup and view all the answers

What is the primary goal of Lean project management in terms of customer satisfaction?

<p>To achieve perfection in customer satisfaction and value generation (B)</p> Signup and view all the answers

Which of the following benefits is provided by network diagram project software?

<p>Facilitate what-if analysis (C)</p> Signup and view all the answers

What is the primary purpose of the Plan Procurement Management process?

<p>To plan and document the procurement approach (A)</p> Signup and view all the answers

What type of contract is best suited for a project where the scope of work is well-defined?

<p>Firm Fixed Price (D)</p> Signup and view all the answers

What is the primary focus of the Control Procurements process?

<p>Administering contracts and changes to contracts (B)</p> Signup and view all the answers

What is the purpose of resource leveling in project planning?

<p>To allocate resources to tasks (A)</p> Signup and view all the answers

What is the primary goal of using buffers in Critical Chain Project Management?

<p>To manage resource-dependent tasks and activities (B)</p> Signup and view all the answers

What is the typical duration of a SCRUM sprint?

<p>30-day (C)</p> Signup and view all the answers

What is included in the project schedule?

<p>All of the following: Work Breakdown Structure, resource plan, work estimates, key milestones, and responsibility assignments (B)</p> Signup and view all the answers

Which project management methodology is specific to collaborative, 100%-dedicated teams, with no heavily constrained time and materials?

<p>SCRUM (A)</p> Signup and view all the answers

What is the primary focus of Project Initiation?

<p>Project Definition (D)</p> Signup and view all the answers

What is the primary benefit of defining a common 'language' in a project management methodology?

<p>To establish clear expectations among team members (A)</p> Signup and view all the answers

What is the core aspect that should be managed in project management?

<p>Change (C)</p> Signup and view all the answers

What is the primary purpose of a project management framework?

<p>To offer a broad overview of various methods, rules, processes, and standards (C)</p> Signup and view all the answers

What is the relationship between project management methodology and change management?

<p>Methodology serves as the way to systematically realize change (B)</p> Signup and view all the answers

What is the outcome of using a project management methodology that is appropriately chosen?

<p>Most conflicts are spotted and resolved early (A)</p> Signup and view all the answers

What is the primary purpose of a project management methodology?

<p>To control the entire management process through effective decision making and problem solving (C)</p> Signup and view all the answers

What does a project management methodology typically provide?

<p>A detailed description of every step in the project process (C)</p> Signup and view all the answers

What is the outcome of using a project management methodology?

<p>Successful project delivery (C)</p> Signup and view all the answers

What is the benefit of a project management methodology in terms of project processes?

<p>It ensures specific processes, approaches, and techniques are used (D)</p> Signup and view all the answers

What is the relationship between a project management methodology and the project manager?

<p>The project manager uses the methodology to deliver the project (D)</p> Signup and view all the answers

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