FREE Master of Engineering Management Principles of Project Management Questions and Answers

0%

Which project management approach enables more frequent communication with the client?

Correct! Wrong!

Agile is a project management approach that places a strong emphasis on adaptability, teamwork, and iterative development.
Focusing on ongoing client interaction and feedback throughout the project lifetime is one of agile's major characteristics. In order to capture requirements, deliver updates, and incorporate input into the project's continuing development, agile projects require frequent communication between the development team and the client.

How many project risks are unknown?

Correct! Wrong!

There are uncountable unknown project hazards, hence it's hard to come up with a precise or defined figure.
Hazards that have not been discovered or taken into account at a specific moment are known risks.
As projects move forward, new risks may appear as a result of altering conditions, outside causes, developing technologies, and other unforeseen events.

What are three popular project management methods?

Correct! Wrong!

Agile, scrum, and waterfall are three well-known project management techniques that firms frequently utilize to manage their projects, hence option an is the correct response.

Stakeholder: what?

Correct! Wrong!

In the context of a project, stakeholders are people, organizations, or other entities who are interested in or impacted by the project's results.
They have the potential to both affect and be influenced by the initiative.
Stakeholders comprise a wide range of individuals and organizations, including members of the project team, sponsors, clients, end users, governing bodies, suppliers, and more.

Project Human Resource Management addresses which?

Correct! Wrong!

The expertise area of project human resource management focuses on locating, hiring, and managing the personnel needed to carry out the project.
Roles and responsibilities must be established, the project team must be staffed, training and development must be provided, and interpersonal dynamics must be managed within the team.

Project scope management's focus?

Correct! Wrong!

The main goal of project scope management is to specify what is and isn't a part of the project.
The project's limits must be established, and the precise deliverables, features, functionalities, and requirements that the project will address must be described.
The expectations of all stakeholders are aligned, scope creep is prevented, and the project continues on schedule.

What limitations may alter with project scope?

Correct! Wrong!

The project's many features may be significantly impacted by changing the project's scope.
An explanation of the available options is given below:

Project is:

Correct! Wrong!

A brief endeavor having a clear beginning and finish that is started to produce a special good, service, or outcome is referred to as a project.
A project differs from ongoing operations since it is temporary, and it differs from ordinary activities because of the uniqueness of the product, service, or result.

List 6 project restrictions.

Correct! Wrong!

Yes you are correct, Schedule, scope, resources, risks, quality, customer satisfaction

How to eliminate project risks?

Correct! Wrong!

Any undertaking carries some inherent hazards that cannot be totally eradicated.
Every project runs in a dynamic, uncertain environment where risks might be introduced by a number of sources.
The objective of risk management is to effectively detect, assess, mitigate, and manage risks in order to reduce their influence on project objectives, not to completely remove them.

What's scope?

Correct! Wrong!

The term "scope" in project management refers to all the work, tasks, and activities that must be carried out in order to accomplish the project's goals.
It consists of all the duties necessary for the accomplishment of the project's goals and the production of its deliverables.
The most important characteristic of scope is that it covers all tasks required to complete the project's objectives while omitting those that are not tangentially linked to accomplishing those objectives.

Choose a waterfall-compatible project.

Correct! Wrong!

Known for its sequential and linear movement through discrete phases like requirement gathering, design, implementation, testing, deployment, and maintenance, the waterfall model is a standard project management methodology.
It works best for projects with clear needs that remain stable over time, and where changes are anticipated to be few once the project has begun.

What's project scope?

Correct! Wrong!

Project scope establishes the parameters and breadth of a project, as well as the goals and outputs that are anticipated.
It describes the precise aims, targets, deliverables, characteristics, capabilities, and needs that the project will try to meet.
Stakeholders have a clear understanding of what is and is not included in the project thanks to a well-defined project scope.

Sprints are used in ____ and .

Correct! Wrong!

The correct response is option a, "agile and scrum," as sprints are used to organize iterative development cycles in both the agile methodology and the Scrum framework.

Which knowledge area covers project product purchases?

Correct! Wrong!

The knowledge area that deals with project product acquisitions is project procurement management.
It includes the procedures required to obtain products, services, or outcomes from sources outside than the project team in order to finish the project.
The activities covered by this knowledge area include choosing suppliers, negotiating contracts, and managing supplier relationships.

Project management methodology:

Correct! Wrong!

A organized framework or collection of procedures that direct project managers and their teams through the planning, carrying out, controlling, and closing phases of a project is referred to as project management methodology.
It offers a methodical approach to project management, guaranteeing that they are effectively finished, within scope, on schedule, and within budget.