Project Management (Intro) Exam Questions With Answers

Project Management (Intro) Exam Questions With Answers Project Life Cycle - ANSWER The process of initiating a project, making a plan, executing and completing tasks, amd closing a project. Why should project mangers always make a plan (phase two) before executing and completing tasks (phase three)? - ANSWER Because creating a budget, setting a schedule, and determining roles and responsibilities is crucial to executing and completing tasks. As a project manager, your team is creating a product that will require flexibility - changes are likely to occur. Also, tasks will overlap or happen at the same time as other tasks. Which project management methodology is the best for your project? - ANSWER Iterative methodology Which project manager methodology is organized in sequential phases (including initiating, planning, executing, and closing)? - ANSWER Waterfall methodology As a project manager, your team is launching a new product. Each step to launch the product includes clearly defined tasks. A task won't begin until another task ends. Also, once the project starts, any changes to the product will be expensive. Which project management methodology is best for this project? - ANSWER Waterfall methodology The lean six sigma approach includes which of the following phases? - ANSWER Define, measure, analyze, improve, control Before moving into the planning phase, a project manager needs to receive _____________ from the decision maker(s). - ANSWER Project approval