Podcast
Questions and Answers
During starting of the project, ___ is used by project manager to review the risks that have been identified at the beginning of the point to the project sponsor.
During starting of the project, ___ is used by project manager to review the risks that have been identified at the beginning of the point to the project sponsor.
- a) Risk report
- b) Risk register
- c) Project Charter (correct)
- d) Issue log
- A kick-off meeting marks the beginning of a project or initiative. What should be covered in the meeting?
- A kick-off meeting marks the beginning of a project or initiative. What should be covered in the meeting?
- a) Define what the project aims to achieve and clarify the expected outcomes.
- b) Discuss budget constraints, resource allocation, and any other financial considerations relevant to the project.
- c) Identify and introduce everyone involved in the project, including team members, stakeholders, and clients.
- d) All the above (correct)
- When conducting a SWOT analysis to generate the potential of an idea for a new project, you're assessing both internal and external factors that could impact its feasibility and success.
Which element in SWOT analysis is normally NOT for generating project ideas?
- When conducting a SWOT analysis to generate the potential of an idea for a new project, you're assessing both internal and external factors that could impact its feasibility and success. Which element in SWOT analysis is normally NOT for generating project ideas?
- a) Strength (correct)
- b) Weakness
- c) Opportunity
- d) Threat
- You are required to select a project to approve due to the cost constraint in the given timeframe. Your company in need to invest or have better cash flow after 1 year. Which project you will select?
Project A: Payback period is 12 months and Net Present Value (NPV) is 300
Project B: Payback period is 24 months and Net Present Value (NPV) is 301
- You are required to select a project to approve due to the cost constraint in the given timeframe. Your company in need to invest or have better cash flow after 1 year. Which project you will select? Project A: Payback period is 12 months and Net Present Value (NPV) is 300 Project B: Payback period is 24 months and Net Present Value (NPV) is 301
- Which is NOT the evaluation criterion during the selection of a project?
- Which is NOT the evaluation criterion during the selection of a project?
- Which of the following is showing hybrid approach to perform a project?
- Which of the following is showing hybrid approach to perform a project?
- Which of the following is showing analogous estimation?
- Which of the following is showing analogous estimation?
- What is the next step after identifying the stakeholders?
- What is the next step after identifying the stakeholders?
- A/an ____ in project management is to document and track all factors or events that are true, real, or certain for planning purposes but have not been confirmed or validated.
- A/an ____ in project management is to document and track all factors or events that are true, real, or certain for planning purposes but have not been confirmed or validated.
- During the project planning process, David organized and defined the scope of work from defining the overall project deliverables and progressively breaking them down into smaller, manageable components.
- During the project planning process, David organized and defined the scope of work from defining the overall project deliverables and progressively breaking them down into smaller, manageable components.