Business Strategy

What are the stages of the project lifecycle?

• Initiation, Planning, Execution, Closure

• Planning, Execution, Closure, Initiation

• Execution, Closure, Initiation, Planning

• Closure, Initiation, Planning, Execution

What are the advantages of using project management?

• Improved efficiency, better communication, increased customer satisfaction

• Decreased efficiency, poor communication, decreased customer satisfaction

• No advantages, project management is unnecessary

• Increased costs, longer project duration, decreased customer satisfaction

What are the responsibilities of a project team leader?

• Driving the project, achieving required outcomes, leading the project team

• Assisting the project manager, planning the project, executing the project

• Managing the project budget, closing the project, initiating the project

• None of the above

Which skills are important for project management?

• Good planning, organizing, leadership, and communication skills

• Poor planning, disorganization, lack of leadership, and communication skills

• No skills are important for project management

• Good technical skills, but no need for planning, organizing, leadership, and communication skills

How can different organizational approaches to project management be compared?

• Using case studies

• Using theoretical models

• Using personal opinions

• Using historical data

What is the primary purpose of scoping a project in project management?

• Assigning tasks to team members
  

• Defining objectives and deliverables

• Monitoring project progress

• Evaluating project risks

Which of the following is not a component of scoping a project?

• Purpose

• Quality Management

• Objectives

• Scope Boundaries

In project management, what does a project plan primarily focus on?

• Managing project resources

• Defining project objectives

• Identifying project stakeholders

• Tracking project progress

Which of the following is typically not included in a project plan?

• Stakeholder communication plan

• Budget Allocation

• Project Objectives

• Risk Analysis

What are some aspects that a project plan should address?

• Time management and stakeholder communication

• Scope boundaries and quality management

• Cost management and risk analysis

• All of the above