Business Certifications Project Management 2

Question 1

What is a RACI matrix used for in project management?

Accepted Answer

Defining roles and responsibilities for project tasks

Answer

A RACI matrix clarifies who is Responsible, Accountable, Consulted, and Informed for each project task or deliverable, eliminating ambiguity.

Question 2

What does 'scope creep' refer to in project management?

Accepted Answer

Unauthorized or uncontrolled expansion of project scope

Answer

Scope creep is the uncontrolled addition of features or requirements without corresponding adjustments to time, cost, or resources.

Question 3

Which project management methodology uses iterative time-boxed cycles called sprints?

Accepted Answer

Agile/Scrum

Answer

Agile/Scrum uses time-boxed iterations called sprints, typically 1–4 weeks, to deliver working increments and adapt to change.

Question 4

What does the Cost Performance Index (CPI) indicate when its value is greater than 1.0?

Accepted Answer

The project is under budget relative to work completed

Answer

A CPI greater than 1.0 means the project is earning more value per dollar spent than planned, indicating favorable cost performance.

Question 5

What is a project assumption in project management?

Accepted Answer

A factor considered to be true without proof, used for planning purposes

Answer

Assumptions are factors believed to be true for planning purposes but not confirmed, and they carry risk if later proven false.

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