LO2 Project Life Cycles Quiz

Q1 - There is only one possible life cycle for all projects?

• True

• False

Answer explanation

False - each industry, discipline or company may ahve a range of life cycles appropriate for the job in hand - linear, iterative or hybrid.

Q2 - When thinking about an extended project life cycle it allows us to consider the termination costs of a project?

• True

• False

Q3 - A project manager would need to understand the nature of the project and the industry it is in to make sure the life cycle is appropriate

• True

• False

Q4 - The project sponsor needs to sign off the business case for a project and this happens at the deployment stage of the life cycle

• True

• False

Answer explanation

False - Yes the project sponsor signs off the Business Case but this happens at the Concept stage of the lifecycle.

Q5 - Project audits are normally internal to the project

• True

• False

Answer explanation

False - they are external to the project.

Q6 - The focus in the project life cycle is on delivering a product on time, to budget and to quality rather than the benefits

• True

• False

Answer explanation

True - It is in the stage of the extended lifecycle that the benefits are realised.

Q7 - Lessons learned should be recorded all the way through a project

• True

• False

Q8 - Only a sponsor sees the output from a project audit

• True

• False

Q9 - The project management plan is finalised during the definition phase

• True

• False

Q10 - The linear life cycle model is the only one that you can use.

• True

• False