Obj 4 PMI Vocab Quiz

What is "Gold Plating" in project management?

• Adding necessary features to meet the client's needs

• Adding extra features without client approval

• Reducing the project's budget

• Completing the project ahead of schedule

What is included in a "Lessons Learned Document"?

• Project budget details

• Information on team members' salaries

• What went well and what didn't during the project

• A list of client complaints

Which of the following can be a consequence of scope creep?

• Improved team morale

• Increased project costs and delays

• Faster project completion

• Enhanced client satisfaction

How can gold plating negatively affect a project?

• It can lead to client approval

• It can increase project complexity and costs

• It ensures all features are necessary

• It reduces team workload

What is a potential benefit of documenting lessons learned?

• It allows for easier project cancellation

• It helps improve future project effectiveness

• It decreases team collaboration

• It ensures all projects are identical

What is a common cause of project delays?

• Clear project objectives

• Unexpected work not included in the project scope

• Adequate resource allocation

• Effective communication

What is the purpose of project closure?

• To extend the project timeline

• To formally end the project and close contracts

• To increase project scope

• To reduce project costs

Why is it important to archive project documentation?

• To discard unnecessary information

• To save copies of all documentation for future reference

• To reduce storage costs

• To avoid project audits

What is a key component of a project retrospective?

• Increasing project budget

• Reducing project scope

• What went well and what didn't during the project

• Extending project timeline

What is a potential risk of adding too many features to a project?

• Improved project efficiency

• It can increase project complexity and costs

• Reduced project timeline

• Enhanced team collaboration