Project Management Fundamentals Quiz
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Questions and Answers

What does RACI stand for in project management?

  • Responsible, Accountable, Consulted, Informed (correct)
  • Risk Analysis and Cost Impact
  • Regulatory Approval and Compliance Information
  • Resource Allocation for Critical Initiatives
  • What does the ‘S’ in SMART criteria stand for?

  • Structured
  • Specific (correct)
  • Strategic
  • Systematic
  • Which project management tool is primarily used to show the sequence and dependencies of tasks?

  • Pareto chart
  • PERT chart (correct)
  • Ishikawa diagram
  • Control chart
  • What defines scope creep in project management?

    <p>The addition of extra features and requirements beyond the original scope</p> Signup and view all the answers

    What are the components of the Project Management Triangle?

    <p>Time, Cost, Quality</p> Signup and view all the answers

    During which project management phase are deliverables broken down into smaller components?

    <p>Planning</p> Signup and view all the answers

    What is the main purpose of a lessons learned report in project management?

    <p>To provide recommendations for future projects</p> Signup and view all the answers

    Which of the following best describes a key feature of the SMART criteria?

    <p>Objectives should be achievable within a specific timeframe</p> Signup and view all the answers

    Study Notes

    RACI Model in Project Management

    • RACI stands for Responsible, Accountable, Consulted, and Informed, and is used to clarify roles and responsibilities within a project.

    SMART Criteria

    • SMART criteria guide the setting of project objectives: Specific, Measurable, Achievable, Relevant, and Timely, ensuring clear and attainable goals.

    PERT Chart

    • A PERT chart is a project management tool that visually depicts the sequence and dependencies of project activities, aiding in scheduling and coordination.

    Scope Creep

    • Scope creep refers to the unintended addition of features and requirements beyond the project's original scope, which can lead to delays and budget overruns.

    Project Management Triangle

    • The Project Management Triangle consists of three critical constraints: Time, Cost, and Quality, which must be balanced to ensure project success.

    Planning Phase

    • The Planning phase involves breaking down project deliverables into smaller, manageable components, facilitating organization and clarity in task execution.

    Lessons Learned Report

    • A lessons learned report aims to provide recommendations for improving future projects by documenting insights and experiences gained throughout the project lifecycle.

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    Description

    Test your knowledge on key project management concepts such as RACI and the SMART criteria. This quiz covers essential terminology and criteria that are critical for successful project execution. Perfect for beginners and professionals who want to refresh their understanding of project management principles.

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