Project Management Fundamentals
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Questions and Answers

What is considered a strength of an organization in the SWOT analysis?

  • Events outside the organization
  • Skills lacking
  • Loss of market share
  • Competitive advantage for the organization (correct)
  • Which of the following is a recognized weakness in an organization?

  • Support from management
  • Skills and competencies needed
  • Opportunities for growth
  • IT system not producing the expected information (correct)
  • What must organizations defend against according to the SWOT analysis?

  • Staff morale
  • Strengths
  • Opportunities
  • Threats (correct)
  • Which step is NOT part of organizing a project team?

    <p>Conduct a market analysis</p> Signup and view all the answers

    Who is typically the sponsor in a project team?

    <p>The managing director</p> Signup and view all the answers

    What aspect does 'Opportunities' refer to in SWOT analysis?

    <p>External events that can be exploited</p> Signup and view all the answers

    Which combination represents a potential weakness in an organization?

    <p>Ineffective IT systems and lack of skills</p> Signup and view all the answers

    What is the first step in organizing a project team?

    <p>Identify a sponsor</p> Signup and view all the answers

    What is the first step in project planning as outlined?

    <p>Organize Project Team</p> Signup and view all the answers

    Which document is crucial for determining task duration according to past experiences?

    <p>Task History Record</p> Signup and view all the answers

    What should be avoided when assigning task durations?

    <p>Excessive padding</p> Signup and view all the answers

    What is the primary focus during the project execution phase?

    <p>Collect data updates</p> Signup and view all the answers

    Which step follows the development of the WBS in project planning?

    <p>Approximate Duration</p> Signup and view all the answers

    What is the recommended frequency for communicating project status to avoid surprises?

    <p>Once a month</p> Signup and view all the answers

    What is an essential consideration when assigning durations to tasks?

    <p>The most likely duration</p> Signup and view all the answers

    Which of the following is NOT a key component of project closure?

    <p>Updating the project file</p> Signup and view all the answers

    In project closure, which of the following is NOT a typical action?

    <p>Develop new parameters</p> Signup and view all the answers

    What is the significance of documenting assumptions in project task duration?

    <p>To facilitate future project comparisons</p> Signup and view all the answers

    What does emphasizing the status of milestones during project status reporting help to highlight?

    <p>Key events in the project timeline</p> Signup and view all the answers

    Which of the following tasks should be reported as completed during project status updates?

    <p>Major tasks completed during the reporting period</p> Signup and view all the answers

    What essential task is part of project planning?

    <p>Estimating task durations</p> Signup and view all the answers

    What is a primary benefit of tracking project status updates?

    <p>It provides a clear indication of progress.</p> Signup and view all the answers

    Why is updating project status crucial for its success?

    <p>It helps prevent problems from being overlooked.</p> Signup and view all the answers

    During which phase should adaptive action be taken to manage deviations?

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

    What does effective communication in project management primarily ensure?

    <p>Consistent updating of project status.</p> Signup and view all the answers

    What is the purpose of generating a Gantt chart in project management?

    <p>To provide visual representation of project timelines.</p> Signup and view all the answers

    What is the main goal when managing change in a project?

    <p>To effectively analyze variance from planned activities.</p> Signup and view all the answers

    Which aspect is least likely to be confirmed through ongoing communication during a project?

    <p>Employee performance evaluation.</p> Signup and view all the answers

    What should be the focus of project monitoring and control?

    <p>Consistently comparing actual performance to the plan.</p> Signup and view all the answers

    What primary phase follows the System Requirements Review (SRR) in the aerospace system development process?

    <p>Preliminary System Design (PSD)</p> Signup and view all the answers

    What is the main purpose of the Critical Design Review (CDR)?

    <p>To finalize the hardware and software designs before development</p> Signup and view all the answers

    Which of the following occurs during the Integration and Test phase?

    <p>Final product realization</p> Signup and view all the answers

    What is included in the rigorous test program during the test phase?

    <p>Analysis, modeling, and functional testing on ground or flight trials</p> Signup and view all the answers

    Which review focuses on preliminary software design after the requirements analysis?

    <p>Software Specification Review (SSR)</p> Signup and view all the answers

    What happens during the software coding and testing stage?

    <p>Software Development and Testing</p> Signup and view all the answers

    Why might a product undergo modifications even after system validation and certification?

    <p>For improvements in performance, reliability, or maintainability</p> Signup and view all the answers

    In which review is detailed hardware design evaluated?

    <p>Critical Design Review (CDR)</p> Signup and view all the answers

    Study Notes

    SWOT Analysis

    • Strengths: Competitive advantages, skills and competencies, and staff morale
    • Weaknesses: Lack of skills and ineffective IT systems
    • Opportunities: Events or changes outside the organization that can be exploited for advantage
    • Threats: Events or changes outside the organization that must be defended against, leading to potential loss of market share.

    Project Team Organisation

    • Three Steps: Identify a sponsor, appoint a project manager, and identify the core team.

    Project Management

    • Phases: Project initiation and organisation, project planning, project execution and monitoring & control, and project closure.

    Project Initiation and Organisation

    • Key Activities: Organise a project team, define parameters, and establish a framework.

    Project Planning

    • Key Activities: Develop a Work Breakdown Structure (WBS), approximate task durations, and generate a Gantt chart.

    Project Execution, Monitoring & Control

    • Key Activities: Collect and update project status, plan and take adaptive action, and report project status.

    • Collecting and Updating Status: Track problems early, visibly demonstrate progress, ensure ongoing communication.

    • Communicating Status: Provide a clear indication of project progress, keep everyone informed, encourage addressing problem areas, and provide credible completion estimates.

    Project Closure

    • Key Activities: Conduct project reviews and close the project file.

    Project Closure Process

    • After customer acceptance of final deliverables, project closure process must be completed by the project manager.

    Aerospace System Development Process

    • Stages: System Requirement Review (SRR), System Design Review (SDR), Preliminary Design Review (PDR), Critical Design Review (CDR), Integration and Test.

    • Key Activities: Requirements analysis, preliminary hardware design, detailed hardware design, hardware build, software specifications, preliminary software design, detailed software design, software coding and testing.

    • Integration and Test: Hardware and software are integrated and tested leading to the final product realization.

    • Qualification Testing: The final product undergoes rigorous testing to verify its fitness for its intended purpose including analysis, modeling, and functional testing on the ground or in flight trials.

    • Product Modifications: Modifications for performance, reliability, or maintainability reasons may be made even after system validation and certification or while the product is in service.

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    Description

    Test your knowledge on key project management concepts, including SWOT analysis, project planning, and organization. This quiz covers essential phases and steps for effective project execution and monitoring.

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