The Triple Constraint of Project Management Quiz

The average salary of an IT Project Manager in UAE is AED 260,002.

According to the PMBOK® Guide, a project is defined as 'a permanent endeavor undertaken to create a unique product, service, or result.'

All projects involve uncertainty.

The Triple Constraint of Project Management includes scope, time, and cost.

An IT Project Manager earns SAR 216,216 per year in Kuwait.

The project sponsor is responsible for providing resources for the project.

Historically, more than 50% of IT projects were successful in meeting scope, time, and cost goals.

31% of IT projects will be completed before they are cancelled.

Worldwide IT spending is projected to total $3.7 trillion in 2018.

According to KPMG, 30% of organizations have suffered at least one project failure in the prior 12 months.

50% of respondents indicated that their project achieved its goals according to KPMG's research.

More than 16 million people worldwide consider project management as their profession.

Project managers aim to meet the triple constraint by balancing project scope, time, and cost goals

The Project Management Institute (PMI) was founded in 1969.

Program managers mainly act as bosses for project managers in a coordinated way to obtain benefits from managing projects individually

Verbal communication is not important for large projects.

Stakeholders in a project include only the project sponsor and project manager

Ethical behavior and consistency are not considered important skills for different project situations.

Project management tools and techniques help project managers in various aspects of project management, such as scope, time, and quality

Leadership is crucial for projects with high uncertainty.

The main objective of a project could be to provide a good return on investment or simply make the sponsors happy

Listening skills are not important for very novel projects.

People skills are not relevant for building trust.

Project management certification programs are no longer in demand.

A PMP is required to have project experience, follow a code of ethics, and pass the PMP exam.

The number of people earning PMP certification is declining.

Applicants for PMP certification are not required to agree to PMI's Code of Ethics and Professional Conduct.

Low-end tools for project management typically cost over $200 per user.

Project portfolio management involves managing projects independently of each other.