Lesson 4.2: Projects Are Temporary Project Management Fundamentals

What is the primary characteristic that distinguishes a project from ongoing operations?

Which of the following is NOT typically an activity performed within a project?

What is the MOST accurate description of a project deliverable?

Under what circumstance is terminating a project MOST appropriate?

Which of the following BEST describes the concept of 'operational transfer' in project management?

What is the BEST example of a project creating a 'service' as its unique deliverable?

What scenario provides the BEST example of a project delivering a 'result' rather than a product or service?

What is the MOST LIKELY reason for a project to be terminated due to a lack of resources?

How does project management facilitate organizational change?

In what scenario would delivering intermittent deliverables provide the MOST benefit?

Which option BEST exemplifies projects functioning as components of a larger initiative?

Which of the following BEST illustrates a project aimed at establishing a service capability?

What is the MOST important factor in determining whether a project should be terminated due to changing circumstances?

Which scenario MOST accurately depicts a project being terminated for 'convenience sake'?

What is the BEST strategy to ensure a smooth operational transfer?

When a project involves multiple organizational units, what is the MOST critical factor for ensuring its success?

Which scenario BEST illustrates the temporary nature of a project?

A company launches a project to develop a new product line. Mid-way through, a competitor releases a similar product with better features. What is the MOST strategic course of action?

A project is initiated to streamline the order fulfillment process, currently handled by a third-party logistics provider. The project aims to bring this function in-house. Which aspect would be MOST critical to consider during the 'operational transfer' phase?

A software development project is underway. Halfway through, a new programming language emerges that promises significantly faster development times and better performance. However, adopting the new language would require the team to learn it from scratch, potentially delaying the project. What is the BEST approach?

A project to implement a new CRM system is nearing completion, but user adoption is low due to resistance to change from the sales team. What is the MOST effective strategy to address this issue during the operational transfer phase?

A company is undertaking three projects simultaneously: Project A (software), Project B (marketing), and Project C (training), all aimed at launching a new product. Project A is delayed due to technical challenges. What is the MOST appropriate action to take?

A project aims to replace an outdated system with a new one. During the project, a critical team member with specialized knowledge leaves the organization. What is the MOST prudent approach?

A project is initiated to develop a cutting-edge technology with potential applications across various industries. However, during the project, ethical concerns arise regarding the technology's potential misuse. What strategic approach should be taken?

A project to develop a new mobile app is nearing completion. However, during the testing phase, a critical security vulnerability is discovered that could expose user data. What action should be taken?

A project involves the development of new renewable energy technology. Unexpectedly, new environmental regulations emerge that significantly increase the cost of implementing the technology. What should be the primary consideration for determining whether to continue the project?

During a long-term construction project, a major economic downturn occurs, causing a significant decrease in demand for the type of building being constructed, and a credit crunch. What is the MOST strategic course of action?

A project to create a highly innovative product is underway, relying on resources that are 'bleeding edge' (highly advanced, but unproven). Midway, a critical component fails. There are no direct replacements, and the failure threatens the entire project. What is the MOST appropriate approach?

A project is initiated to consolidate two large IT systems following a merger. Midway through, significant cultural clashes emerge between the IT teams, leading to communication breakdowns, code incompatibilities, and overall slow progress. What is the MOST critical action?

A project manager is leading a project to develop an AI-powered diagnostic tool for a rare disease. Midway through the project, they discover that the available data is biased, leading to inaccurate results for certain demographic groups. What should the project manager do FIRST?

A high-profile software development project is nearing completion. However, the project manager discovers that a key feature, while technically functional, infringes on a patent held by a competitor. What is the MOST appropriate course of action?

A project involves the development of autonomous vehicles. As the project progresses, public sentiment shifts negatively due to safety concerns and ethical considerations surrounding self-driving cars. What should the project team do?

A project aims to implement a new Enterprise Resource Planning (ERP) system across multiple departments in a large organization. Midway through the project, a new CEO is appointed who has a different vision for the company's IT strategy and prefers a different ERP system. What should the project team do?

A project is set to create a transformative drug but has encountered a series of setbacks. A previously unknown side-effect is discovered. It is possible to work around this issue, but doing so will double the project's budget. The new side effect will only affect 0.01% of users. What option reflects the optimal choice, assuming all options are legally sound?