FPM Week 3 - Project Management Approaches

Questions and Answers

Which of the following describes a project management approach? (Select all that apply)

A series of phases a project goes through

A generalized idea on how to plan or solve a problem (correct)

A detailed breakdown of project tasks

A checklist of project deliverables

A project life cycle is defined as:

The milestones achieved during the planning process

The series of phases from start to completion of a project (correct)

A series of roles and responsibilities in a project

The sequence of activities in the execution phase

Which project management approach focuses on tightly managing scope and reducing risk?

Iterative

Incremental

Agile

Predictive (Waterfall) (correct)

What is the main benefit of using the Critical Path Method in a predictive project?

To determine the shortest time to complete the project Signup and view all the answers

Which of the following is true about the incremental approach?

Each phase delivers a complete and functional part of the final product Signup and view all the answers

In an incremental life cycle, what occurs at the end of each phase?

A kill point or phase gate Signup and view all the answers

What is a primary characteristic of an iterative approach?

Developing a product through a series of repeated cycles with feedback Signup and view all the answers

Which project management approach is most likely to use feedback at the end of each cycle to refine the next phase?

Iterative Signup and view all the answers

What is the primary difference between incremental and iterative approaches?

Iterative focuses on revisions, while incremental adds complete parts Signup and view all the answers

Which project management approach is best for a project with undefined or evolving scope?

Agile (Adaptive) Signup and view all the answers

In the adaptive (agile) approach, what is adjusted to fit time and budget constraints?

Scope Signup and view all the answers

In an agile project, the team meets daily in a:

Daily Scrum Signup and view all the answers

What is a product backlog in Scrum?

A prioritized list of new features or changes Signup and view all the answers

Which project management approach combines elements from both predictive and agile approaches?

Hybrid Signup and view all the answers

A project that has a fixed budget but fluctuating scope would likely use which approach?

Agile Signup and view all the answers

Which of the following is true about a predictive project?

Scope is defined early and changes are tightly managed Signup and view all the answers

Which of the following Agile frameworks is most commonly associated with incremental and iterative delivery cycles?

Scrum Signup and view all the answers

Which of the following is a core principle of Agile project management?

Prioritizing customer collaboration over contract negotiation Signup and view all the answers

Which of the following describes a sprint in Scrum?

A focused development effort lasting between 2-4 weeks Signup and view all the answers

In the agile manifesto, which is valued more?

Customer collaboration over contract negotiation Signup and view all the answers

What is the main focus of the iterative project approach?

Refining the product through feedback in each cycle Signup and view all the answers

What does the Kanban approach emphasize?

Visualizing workflow and removing bottlenecks Signup and view all the answers

Which of the following describes a hybrid project approach?

Combining fixed and adaptive requirements depending on the project needs Signup and view all the answers

What is the primary goal of the Scrum Master in a project?

To remove obstacles and keep the team focused Signup and view all the answers

Which of the following is an example of an incremental deliverable in a marketing campaign project?

An email campaign completed in one phase Signup and view all the answers

In which project approach is the product vision refined and adjusted based on continuous feedback?

Agile Signup and view all the answers

What is the role of the product owner in a Scrum project?

Managing the product backlog and prioritizing tasks Signup and view all the answers

What does the term 'timebox' mean in Agile project management?

Setting a fixed duration for a task or iteration Signup and view all the answers

In which approach are key stakeholders continuously involved throughout the project?

Agile Signup and view all the answers

What is the primary purpose of a daily Scrum meeting?

To assess progress and identify obstacles Signup and view all the answers

Which of the following is a characteristic of a predictive project life cycle?

Activities are performed in a strict sequence Signup and view all the answers

Which project approach is best suited for a highly regulated environment with many constraints?

Predictive (Waterfall) Signup and view all the answers

In a Scrum project, what happens during a sprint retrospective?

The team reflects on what went well and what can be improved in the next sprint Signup and view all the answers

Which project management approach is best for projects with well-defined requirements and a low degree of change?

Predictive Signup and view all the answers

How does Scrum handle changes to project scope during a sprint?

Changes are added to the product backlog and prioritized in future sprints Signup and view all the answers

Which of the following project management approaches allows for rolling wave planning?

Iterative Signup and view all the answers

What is the main difference between a predictive and an adaptive approach?

Predictive has fixed scope, adaptive has evolving scope Signup and view all the answers

What is the focus of Kanban in Agile project management?

Visualizing the workflow and limiting work in progress Signup and view all the answers

In Scrum, how are the results of a sprint evaluated?

Through a sprint review with stakeholders Signup and view all the answers

What is a key characteristic of the rolling wave approach in iterative projects?

Planning work in waves with each wave being refined after feedback Signup and view all the answers

Which approach allows a project to deliver the product in phases based on the evolving needs of the customer?

Iterative Signup and view all the answers

In Agile, how is project progress typically measured?

By completing all the planned tasks for a sprint Signup and view all the answers

Which of the following best describes a hybrid project approach?

It combines both predictive and adaptive elements based on project needs Signup and view all the answers

In which Agile framework does the team pull tasks from a product backlog?

Scrum Signup and view all the answers

What is the key difference between an incremental and iterative project approach?

Incremental delivers parts of the product in phases, iterative refines a product through cycles Signup and view all the answers

In a Scrum project, who is responsible for managing the product backlog?

Product Owner Signup and view all the answers

What is a primary characteristic of a hybrid approach in project management?

It adapts based on feedback while maintaining predictive elements Signup and view all the answers

How does Scrum handle daily work planning?

Through a daily Scrum meeting Signup and view all the answers

Which Agile framework focuses on limiting work in progress and visualizing workflow?

Kanban Signup and view all the answers

In an iterative approach, what happens after receiving feedback at the end of each iteration?

The next phase is planned and adjusted based on feedback Signup and view all the answers

Which of the following describes a project management approach? (Select all that apply)

A generalized idea on how to plan or solve a problem Signup and view all the answers

A project life cycle is defined as:

The series of phases from start to completion of a project Signup and view all the answers

Which project management approach focuses on tightly managing scope and reducing risk?

Predictive (Waterfall) Signup and view all the answers

What is the main benefit of using the Critical Path Method in a predictive project?

To determine the shortest time to complete the project Signup and view all the answers

Which of the following is true about the incremental approach?

Each phase delivers a complete and functional part of the final product Signup and view all the answers

In an incremental life cycle, what occurs at the end of each phase?

A kill point or phase gate Signup and view all the answers

What is a primary characteristic of an iterative approach?

Developing a product through a series of repeated cycles with feedback Signup and view all the answers

Which project management approach is most likely to use feedback at the end of each cycle to refine the next phase?

Iterative Signup and view all the answers

What is the primary difference between incremental and iterative approaches?

Iterative focuses on revisions, while incremental adds complete parts Signup and view all the answers

Which project management approach is best for a project with undefined or evolving scope?

Agile (Adaptive) Signup and view all the answers

In the adaptive (agile) approach, what is adjusted to fit time and budget constraints?

Scope Signup and view all the answers

In an agile project, the team meets daily in a:

Daily Scrum Signup and view all the answers

What is a product backlog in Scrum?

A prioritized list of new features or changes Signup and view all the answers

Which project management approach combines elements from both predictive and agile approaches?

Hybrid Signup and view all the answers

A project that has a fixed budget but fluctuating scope would likely use which approach?

Agile Signup and view all the answers

Which of the following is true about a predictive project?

Scope is defined early and changes are tightly managed Signup and view all the answers

Which of the following Agile frameworks is most commonly associated with incremental and iterative delivery cycles?

Scrum Signup and view all the answers

Which of the following is a core principle of Agile project management?

Prioritizing customer collaboration over contract negotiation Signup and view all the answers

Which of the following describes a sprint in Scrum?

A focused development effort lasting between 2-4 weeks Signup and view all the answers

In the Agile manifesto, which is valued more?

Customer collaboration over contract negotiation Signup and view all the answers

What is the main focus of the iterative project approach?

Refining the product through feedback in each cycle Signup and view all the answers

What does the Kanban approach emphasize?

Visualizing workflow and removing bottlenecks Signup and view all the answers

Which of the following describes a hybrid project approach?

Combining fixed and adaptive requirements depending on the project needs Signup and view all the answers

What is the primary goal of the Scrum Master in a project?

To remove obstacles and keep the team focused Signup and view all the answers

Which of the following is an example of an incremental deliverable in a marketing campaign project?

An email campaign completed in one phase Signup and view all the answers

In which project approach is the product vision refined and adjusted based on continuous feedback?

Agile Signup and view all the answers

What is the role of the product owner in a Scrum project?

Managing the product backlog and prioritizing tasks Signup and view all the answers

What does the term 'timebox' mean in Agile project management?

Setting a fixed duration for a task or iteration Signup and view all the answers

In which approach are key stakeholders continuously involved throughout the project?

Agile Signup and view all the answers

What is the primary purpose of a daily Scrum meeting?

To assess progress and identify obstacles Signup and view all the answers

Which of the following is a characteristic of a predictive project life cycle?

Activities are performed in a strict sequence Signup and view all the answers

Which project approach is best suited for a highly regulated environment with many constraints?

Predictive (Waterfall) Signup and view all the answers

In a Scrum project, what happens during a sprint retrospective?

The team reflects on what went well and what can be improved in the next sprint Signup and view all the answers

Which project management approach is best for projects with well-defined requirements and a low degree of change?

Predictive Signup and view all the answers

How does Scrum handle changes to project scope during a sprint?

Changes are added to the product backlog and prioritized in future sprints Signup and view all the answers

Which of the following project management approaches allows for rolling wave planning?

Iterative Signup and view all the answers

What is the main difference between a predictive and an adaptive approach?

Predictive has fixed scope, adaptive has evolving scope Signup and view all the answers

What is the focus of Kanban in Agile project management?

Visualizing the workflow and limiting work in progress Signup and view all the answers

In Scrum, how are the results of a sprint evaluated?

Through a sprint review with stakeholders Signup and view all the answers

What is a key characteristic of the rolling wave approach in iterative projects?

Planning work in waves with each wave being refined after feedback Signup and view all the answers

Which approach allows a project to deliver the product in phases based on the evolving needs of the customer?

Iterative Signup and view all the answers

In Agile, how is project progress typically measured?

By completing all the planned tasks for a sprint Signup and view all the answers

Which of the following best describes a hybrid project approach?

It combines both predictive and adaptive elements based on project needs Signup and view all the answers

In which Agile framework does the team pull tasks from a product backlog?

Scrum Signup and view all the answers

What is the key difference between an incremental and iterative project approach?

Incremental delivers parts of the product in phases, iterative refines a product through cycles Signup and view all the answers

In a Scrum project, who is responsible for managing the product backlog?

Product Owner Signup and view all the answers

What is a primary characteristic of a hybrid approach in project management?

It adapts based on feedback while maintaining predictive elements Signup and view all the answers

How does Scrum handle daily work planning?

Through a daily Scrum meeting Signup and view all the answers

Which Agile framework focuses on limiting work in progress and visualizing workflow?

Kanban Signup and view all the answers

In an iterative approach, what happens after receiving feedback at the end of each iteration?

The next phase is planned and adjusted based on feedback Signup and view all the answers

Study Notes

Project Management Approaches

Project management approaches provide frameworks for planning and problem-solving in projects.
The project life cycle consists of a series of phases from project initiation to completion.
Predictive (Waterfall) approach emphasizes tightly managing scope and reducing risk.
The Critical Path Method helps determine the shortest completion time for a project.
Incremental approach delivers complete and functional parts of the final product in phases.
At the end of each incremental phase, a kill point or phase gate is established.

Iterative Approaches

Iterative approaches develop products through repeated cycles, allowing for continuous feedback and refinement.
Iterative and incremental methods differ primarily in that iterative focuses on revisions while incremental adds complete parts.
Agile projects, characterized by flexibility and continuous stakeholder feedback, are often the most suitable for evolving scopes.
The product backlog in Scrum is a prioritized list of features or changes to be implemented.

Roles and Functions in Agile

The Scrum Master facilitates the team, focusing on removing obstacles to maintain productivity.
The Product Owner is responsible for managing the product backlog and prioritizing tasks effectively.
Daily Scrums are meetings to assess progress and identify any impediments impacting workflow.

Agile Principles and Frameworks

Agile prioritizes customer collaboration over strict contract adherence and comprehensive documentation.
Scrum framework is well-known for its iterative and incremental delivery cycles, focusing on teamwork and ongoing feedback.
In Agile, timeboxing restricts the duration of tasks or iterations to enhance focus and efficiency.

Hybrid and Predictive Approaches

Hybrid project approaches combine both predictive and adaptive requirements tailored to project needs.
Predictive projects typically involve clearly defined scopes and tightly managed changes.
In a hybrid approach, the project maintains predictive elements while adapting based on feedback.

Stakeholder Involvement and Communication

Continuous stakeholder involvement is central to Agile projects, unlike predictive methods which may limit stakeholder interaction.
During sprint reviews, teams evaluate the outcome of a sprint with stakeholders, learning what works well and what needs improvement.
The rolling wave planning method allows for iterative plans that evolve based on ongoing feedback.

Kanban Method

Kanban emphasizes visualizing workflows and limiting work in progress to optimize efficiency and productivity.
It contrasts with other methods by focusing heavily on the flow of tasks rather than specific timelines.

Key Characteristics of Iterative and Incremental Approaches

In iterative approaches, feedback is used to refine the product after each cycle.
Incremental delivery involves providing functional parts throughout the project rather than waiting for final completion.
Both approaches facilitate ongoing adjustments and improvements, responding to changing project demands.

Measuring Progress and Adjustments

Project progress in Agile typically measures through completed tasks within a sprint, rather than phases or complete project deliverables.
Managing changes in project scope occurs through product backlog adjustments, ensuring alignment with evolving customer needs.

Importance of Documentation and Retrospective

Retrospectives allow teams to reflect on their processes, aiding future improvements and enhancing team dynamics.
While documentation is critical, Agile favors working software and customer value over excessive documentation.

Differences Between Approaches

Predictive projects have fixed scopes and follow strict phases, while Agile methodologies adapt to changes and foster flexible collaboration.
The core difference between incremental and iterative is that incremental focuses on delivering product parts, whereas iterative continuously refines the product based on feedback.

Project Management Approaches

Project management approaches provide frameworks for planning and problem-solving in projects.
The project life cycle consists of a series of phases from project initiation to completion.
Predictive (Waterfall) approach emphasizes tightly managing scope and reducing risk.
The Critical Path Method helps determine the shortest completion time for a project.
Incremental approach delivers complete and functional parts of the final product in phases.
At the end of each incremental phase, a kill point or phase gate is established.

Iterative Approaches

Iterative approaches develop products through repeated cycles, allowing for continuous feedback and refinement.
Iterative and incremental methods differ primarily in that iterative focuses on revisions while incremental adds complete parts.
Agile projects, characterized by flexibility and continuous stakeholder feedback, are often the most suitable for evolving scopes.
The product backlog in Scrum is a prioritized list of features or changes to be implemented.

Roles and Functions in Agile

The Scrum Master facilitates the team, focusing on removing obstacles to maintain productivity.
The Product Owner is responsible for managing the product backlog and prioritizing tasks effectively.
Daily Scrums are meetings to assess progress and identify any impediments impacting workflow.

Agile Principles and Frameworks

Agile prioritizes customer collaboration over strict contract adherence and comprehensive documentation.
Scrum framework is well-known for its iterative and incremental delivery cycles, focusing on teamwork and ongoing feedback.
In Agile, timeboxing restricts the duration of tasks or iterations to enhance focus and efficiency.

Hybrid and Predictive Approaches

Hybrid project approaches combine both predictive and adaptive requirements tailored to project needs.
Predictive projects typically involve clearly defined scopes and tightly managed changes.
In a hybrid approach, the project maintains predictive elements while adapting based on feedback.

Stakeholder Involvement and Communication

Continuous stakeholder involvement is central to Agile projects, unlike predictive methods which may limit stakeholder interaction.
During sprint reviews, teams evaluate the outcome of a sprint with stakeholders, learning what works well and what needs improvement.
The rolling wave planning method allows for iterative plans that evolve based on ongoing feedback.

Kanban Method

Kanban emphasizes visualizing workflows and limiting work in progress to optimize efficiency and productivity.
It contrasts with other methods by focusing heavily on the flow of tasks rather than specific timelines.

Key Characteristics of Iterative and Incremental Approaches

In iterative approaches, feedback is used to refine the product after each cycle.
Incremental delivery involves providing functional parts throughout the project rather than waiting for final completion.
Both approaches facilitate ongoing adjustments and improvements, responding to changing project demands.

Measuring Progress and Adjustments

Project progress in Agile typically measures through completed tasks within a sprint, rather than phases or complete project deliverables.
Managing changes in project scope occurs through product backlog adjustments, ensuring alignment with evolving customer needs.

Importance of Documentation and Retrospective

Retrospectives allow teams to reflect on their processes, aiding future improvements and enhancing team dynamics.
While documentation is critical, Agile favors working software and customer value over excessive documentation.

Differences Between Approaches

Predictive projects have fixed scopes and follow strict phases, while Agile methodologies adapt to changes and foster flexible collaboration.
The core difference between incremental and iterative is that incremental focuses on delivering product parts, whereas iterative continuously refines the product based on feedback.

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Test your knowledge on the fundamental concepts of project management. This quiz covers project management approaches and the project life cycle, emphasizing key definitions and terminologies. Perfect for students or professionals looking to reinforce their understanding.