Project Management Flashcards
7 cards from real Business Certifications practice questions. Tap to flip, then mark Knew It or Still Learning โ missed cards come back until you master them.
Read the first 7 Project Management flashcards as text
What is a RACI matrix used for in project management?
Answer: Defining roles and responsibilities for project tasks
A RACI matrix clarifies who is Responsible, Accountable, Consulted, and Informed for each project task or deliverable, eliminating ambiguity.
What does 'scope creep' refer to in project management?
Answer: Unauthorized or uncontrolled expansion of project scope
Scope creep is the uncontrolled addition of features or requirements without corresponding adjustments to time, cost, or resources.
Which project management methodology uses iterative time-boxed cycles called sprints?
Answer: Agile/Scrum
Agile/Scrum uses time-boxed iterations called sprints, typically 1โ4 weeks, to deliver working increments and adapt to change.
What does the Cost Performance Index (CPI) indicate when its value is greater than 1.0?
Answer: The project is under budget relative to work completed
A CPI greater than 1.0 means the project is earning more value per dollar spent than planned, indicating favorable cost performance.
What is a project assumption in project management?
Answer: A factor considered to be true without proof, used for planning purposes
Assumptions are factors believed to be true for planning purposes but not confirmed, and they carry risk if later proven false.
In project quality management, what is a quality audit?
Answer: A structured, independent review of project quality activities and results
A quality audit is an independent, structured review to determine whether project activities comply with organizational policies, processes, and standards.
What is the primary goal of a project kickoff meeting?
Answer: To align stakeholders on project objectives, roles, and expectations
A kickoff meeting establishes shared understanding among the team and stakeholders regarding project goals, roles, responsibilities, and how the project will be managed.