Unit 1 CPM Recap

A project can be described as the one having:

• Defined Goal

• Specific Tasks

• Resource Consumption

• All of the above

Project management is causing a planned undertaking to happen. True or False

• True

• False

Which of the below is the right order of phases in Project Management?

• Plan, Execute, Schedule, Monitor

• Plan, Schedule, Execute, Monitor

• Plan, Monitor, Schedule, Execute

• Plan, Schedule, Monitor, Execute

The need of Project Management is based on which criteria:

• To avoid cost over-runs

• To improve economic status of Proprietor

• To reduce the work of Labors

• All the above

Project Manager is responsible for

• Acquiring project for the company

• Providing his expertise or special knowledge

• Lead and deliver the project

• Obtain profit for the company

Which of the following is not an objective of Project Management?

• Successful development and implementation of project

• Provide productive guidance and apt supervision

• Optimization of allocated resources

• Providing a prestigious project to the Client

Project planning should consider estimation of cost and time..True or False

• True

• False

Expand WBS

Project Documentation is done in which phase.

• Planning

• Scheduling

• Executing

• All of the above

Who has the role of finding the Project feasibility in Decision Making?

• Advisors

• Management consultants

• Decider

• Executor