Solution Feasibility Assessment Quiz
28 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Which factor is considered in operational feasibility?

  • Fulfilling users' requirements (correct)
  • Cultural feasibility
  • Legal and contractual obligations
  • Probability of successful implementation
  • What aspect does economic feasibility assess?

  • Probability of successful implementation
  • Legal and contractual obligations
  • Acceptance by end users
  • Cost-effectiveness of the solution (correct)
  • What does decision analysis evaluate in candidate solutions?

  • Schedule feasibility (correct)
  • Operational feasibility
  • Time constraints
  • Legal feasibility
  • What does the project lifecycle help a Project Manager do?

    <p>Manage risks proactively</p> Signup and view all the answers

    Which aspect is considered in risk feasibility?

    <p>Probability of successful implementation</p> Signup and view all the answers

    What is suggested to prioritize stakeholders in order of importance?

    <p>Mapping their power and interest on a quadrant</p> Signup and view all the answers

    Which tool is recommended for identifying win/win strategies for engaging key stakeholders?

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

    In stakeholder engagement, what should be included in the Engagement Plan?

    <p>Strategies for engaging stakeholders</p> Signup and view all the answers

    What is the significance of SCRUM in project management?

    <p>Following specific project management practices</p> Signup and view all the answers

    What do the DOD and WOW acronyms stand for?

    <p>Definition of Done, Ways of Working</p> Signup and view all the answers

    What is a common misconception about Project Management according to the text?

    <p>Using Project Management increases the time it takes to get the real work done</p> Signup and view all the answers

    What is a significant finding mentioned in the text regarding project outcomes when proven project management practices are used?

    <p>Projects are 2.5 times more successful</p> Signup and view all the answers

    Why do some projects end up costing more than their original estimates according to the text?

    <p>Due to unexpected issues and challenges</p> Signup and view all the answers

    What was the impact of the issues faced by Airbus A380 and Berlin Brandenburg Airport projects?

    <p>$7 Billion additional cost and 8 years delivery delay</p> Signup and view all the answers

    Which statement best summarizes the impact of implementing Project Management in an organization according to the text?

    <p>Projects become more successful</p> Signup and view all the answers

    What is a consequence highlighted in the text when projects aren't managed well?

    <p>Increase in wasted money</p> Signup and view all the answers

    What are the main constraints that project managers need to balance according to the text?

    <p>Scope, Quality, Resources</p> Signup and view all the answers

    What does the text mention as one of the benefits of using Formal Project Management?

    <p>Improved customer relations</p> Signup and view all the answers

    What view do project managers need to take according to the text?

    <p>Broad perspective using systems thinking</p> Signup and view all the answers

    Which aspect is NOT mentioned as a demand that project managers need to balance?

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

    What was Project Management called in the past according to the text?

    <p>Triple constraints</p> Signup and view all the answers

    What is emphasized as important for project success in the text?

    <p>Balancing demands effectively</p> Signup and view all the answers

    Why is it important to identify project stakeholders?

    <p>To plan to either use or guard against their influence.</p> Signup and view all the answers

    What is the consequence of not identifying stakeholders with negative attitudes?

    <p>It can lead to problems or failure in the project.</p> Signup and view all the answers

    How are stakeholders crucial to a project's success?

    <p>By actively promoting the project if managed well.</p> Signup and view all the answers

    What is the first step in managing stakeholders according to the text?

    <p>Defining your stakeholders.</p> Signup and view all the answers

    How should stakeholders be analyzed in stakeholder management according to the text?

    <p>By their impact and influence.</p> Signup and view all the answers

    What is the final step in managing stakeholders as mentioned in the text?

    <p>Engaging with stakeholders.</p> Signup and view all the answers

    More Like This

    Feasibility Assessment Quiz
    8 questions

    Feasibility Assessment Quiz

    EndearingEnlightenment avatar
    EndearingEnlightenment
    Event Planning Proposal Process
    36 questions
    Use Quizgecko on...
    Browser
    Browser