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

Who is typically the sponsor in a project team?

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

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

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

Which combination represents a potential weakness in an organization?

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

What is the first step in organizing a project team?

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

What is the first step in project planning as outlined?

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

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

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

What should be avoided when assigning task durations?

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

What is the primary focus during the project execution phase?

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

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

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

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

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

What is an essential consideration when assigning durations to tasks?

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

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

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

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

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

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

<p>To facilitate future project comparisons (A)</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 (B)</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 (C)</p> Signup and view all the answers

What essential task is part of project planning?

<p>Estimating task durations (D)</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. (D)</p> Signup and view all the answers

Why is updating project status crucial for its success?

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

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

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

What does effective communication in project management primarily ensure?

<p>Consistent updating of project status. (C)</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. (B)</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. (A)</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. (C)</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. (B)</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) (C)</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 (C)</p> Signup and view all the answers

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

<p>Final product realization (A)</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 (C)</p> Signup and view all the answers

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

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

What happens during the software coding and testing stage?

<p>Software Development and Testing (C)</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 (A)</p> Signup and view all the answers

In which review is detailed hardware design evaluated?

<p>Critical Design Review (CDR) (B)</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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