Obj 2 PMI Vocab Quiz 1

What is the main purpose of a Project Charter?

• To outline the project's budget

• To authorize the project's existence

• To assign team members

• To evaluate project risks

Who is primarily responsible for approving the Project Charter?

• Project Manager

• Team Leader

• Project Sponsor

• Program Manager

What does the term "Milestone" refer to in project management?

• A financial goal of the project

• An important point or event in a project

• A project team member's role

• The final deliverable of a project

Which individual is responsible for organizing and executing a project?

• Stakeholder

• Project Client

• Project Manager

• Program Manager

What is the role of a Project Sponsor?

• To manage the project team

• To supervise the Project Manager and provide support

• To complete project tasks

• To evaluate team performance

A Program Manager's job is to:

• Approve the Project Charter

• Organize and coordinate projects within a program

• Lead Agile project teams

• Create project budgets

Who is referred to as the Project Client?

• The person who oversees the project

• The organization or business that initiated the project

• The team leader of the project

• The Project Manager's assistant

What is the definition of a Stakeholder?

• A person who funds the project

• Any individual or organization affected by the project's outcome

• A team member responsible for deliverables

• A senior executive responsible for project success

What is the primary function of a Team Leader?

• To assign tasks to the Project Manager

• To motivate and engage project team members

• To create project budgets

• To oversee the entire project portfolio

What does the term "Co-Located Teams" mean?

• Teams working from different locations

• Teams working in a shared building or office space

• Teams that only meet virtually

• Teams with no fixed location