Project Management test quiz and
answers graded A+
Project - ANS✅✅a temporary undertaking that has a definite beginning and an end and something
that has a distinct and definitive purpose. It is undertaken to create a unique product, service or
result.
Gannt Chart - ANS✅✅Created in 1910
Program Evaluation and Review Technique (PERT) - ANS✅✅created in 1958 as part of the Polaris
missile submarine program. Later extended to create WBS
Project Management - ANS✅✅The a methodical approach to planning and guiding project
processes from start to finish to bring about the successful completion of specific project goals and
objectives. The processes are guided through five stages: initiation, planning, execution, controlling
and closing.
5 stages of project management - ANS✅✅1. Initiation
2. Planning
3. Execution
4. Controlling
5. Closing
5 Impacts of Project Management - ANS✅✅1. Business advantage
2. competitive advantage
3. accurate and timely information to keep competitive edge
4. clear roles and responsibilities helps minimize conflicts and confusion
5. Effective communication
Scope - ANS✅✅provides the parameters within which you do the project
, Process areas - ANS✅✅First the project initiation state, the project planning or design stage,
project execution or production stage, the project monitoring and controlling systems and project
completion
Reasons for initiating and approving a project - ANS✅✅1. Opportunity
a. Market demands
b. technological advances
2. Challenges - customer requests and social needs
3. Business Requirements
Role of the PM - ANS✅✅executing a vision through: Planning, Execution, Monitoring, Control,
Closure.
in Project planning:
Identify & document project requirements
Build the project team
Establish clear project objectives
Understand stakeholders' expectations
Prevent unnecessary scope changes
Ensure team understands project objectives
Develop project plans
Project Success Factors - ANS✅✅- Strong Executive Support
- Plenty of User Involvement
- An Experienced Project Manager
- Clear Business Objectives
Key challenges to success - ANS✅✅1. Lack of Planning
2. Lack of Resources- Skills, Time, Money
3. Scope Creep
answers graded A+
Project - ANS✅✅a temporary undertaking that has a definite beginning and an end and something
that has a distinct and definitive purpose. It is undertaken to create a unique product, service or
result.
Gannt Chart - ANS✅✅Created in 1910
Program Evaluation and Review Technique (PERT) - ANS✅✅created in 1958 as part of the Polaris
missile submarine program. Later extended to create WBS
Project Management - ANS✅✅The a methodical approach to planning and guiding project
processes from start to finish to bring about the successful completion of specific project goals and
objectives. The processes are guided through five stages: initiation, planning, execution, controlling
and closing.
5 stages of project management - ANS✅✅1. Initiation
2. Planning
3. Execution
4. Controlling
5. Closing
5 Impacts of Project Management - ANS✅✅1. Business advantage
2. competitive advantage
3. accurate and timely information to keep competitive edge
4. clear roles and responsibilities helps minimize conflicts and confusion
5. Effective communication
Scope - ANS✅✅provides the parameters within which you do the project
, Process areas - ANS✅✅First the project initiation state, the project planning or design stage,
project execution or production stage, the project monitoring and controlling systems and project
completion
Reasons for initiating and approving a project - ANS✅✅1. Opportunity
a. Market demands
b. technological advances
2. Challenges - customer requests and social needs
3. Business Requirements
Role of the PM - ANS✅✅executing a vision through: Planning, Execution, Monitoring, Control,
Closure.
in Project planning:
Identify & document project requirements
Build the project team
Establish clear project objectives
Understand stakeholders' expectations
Prevent unnecessary scope changes
Ensure team understands project objectives
Develop project plans
Project Success Factors - ANS✅✅- Strong Executive Support
- Plenty of User Involvement
- An Experienced Project Manager
- Clear Business Objectives
Key challenges to success - ANS✅✅1. Lack of Planning
2. Lack of Resources- Skills, Time, Money
3. Scope Creep