Project Management Fundamentals Quiz

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Questions and Answers

What does progressive elaboration mean in the context of project management?

  • Completing all planning before starting the project work
  • Skipping planning and directly starting the project work
  • Making multiple incremental steps in planning and executing as project work is completed (correct)
  • Rapidly executing the project without detailed planning

What is a key characteristic of a project according to the text?

  • It is a temporary endeavor with a start and end date (correct)
  • It is a permanent fixture within an organization
  • It is a continuous process without specific goals
  • It is an ongoing activity with no defined timeline

What is emphasized as a key aspect of managing projects?

  • Ignoring stakeholder expectations to maintain project focus
  • Focusing solely on meeting the project schedule
  • Balancing competing demands such as scope, cost, schedule, resources, risks, and quality (correct)
  • Prioritizing quality over all other aspects

What is one of the activities involved in managing projects according to the text?

<p>Setting and maintaining active communication with stakeholders (C)</p> Signup and view all the answers

What does a project produce according to the text?

<p>A unique product, service or result, or an improvement in existing product or service-lines (B)</p> Signup and view all the answers

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Study Notes

Project Management Concepts

  • Progressive elaboration refers to the iterative process of breaking down a project into smaller, more detailed components as more information becomes available.

Key Project Characteristics

  • A key characteristic of a project is that it has a unique set of objectives, and is undertaken to produce a specific outcome.

Project Management Emphasis

  • In managing projects, emphasis is placed on delivering the required outcomes within the constraints of time, cost, and scope.

Project Management Activities

  • One of the activities involved in managing projects is planning, which involves defining the project scope, schedule, and budget.

Project Outputs

  • A project produces a unique product, service, or result, which is the outcome of the project's activities.

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