OPM 2202 (Project) Lesson 03 - Quiz for Lesson 02

Which of the following best describes the 5Cs of the project environment?

• Complexity, Completeness, Customer focus, Controls, Constraints

• Context, Complexity, Competitiveness, Completeness, Customer focus

• Cost, Customer needs, Challenges, Completeness, Control factors

• Context, Complexity, Cost, Communication, Competitiveness

According to the IOCM model, which of the following is NOT considered a constraint in project management?

• Time

• Activation

• Legal requirements

• Emergent needs

Which stage of the project life cycle includes establishing a project team and performing planned work?

• Starting the Project

• Organizing the Project

• Carrying out the Project

• Closing the Project

In the 4D Model, what is the primary focus of the 'Define the project' phase?

• Executing the work plan

• Identifying alternative solutions and framing the project goals

• Closing financial accounts

• Monitoring and controlling performance

What lesson was learned from Nintendo’s Wii Sports project regarding stakeholder management?

• Focusing only on financial stakeholders ensures success

• Indirect stakeholders can be ignored if the product performs well

• Managing the immediate product is more challenging than handling all stakeholders

• Managing indirect stakeholders is critical for project success

What key concept from the 7-S framework helps project managers manage complexity?

• Strategy formulation

• Systems integration

• Stakeholder alignment

• Structure optimization

Which of the following is an example of an 'output' in the IOCM model?

• Financial resources

• Specifications for a new product

• Constraints imposed by stakeholders

• Legal approvals required to start

How does the cost of changes evolve during a project life cycle?

• Decreases consistently throughout the project

• Increases during the initial stages and drops at the end

• Remains constant throughout the project life

• Increases as the project progresses

What differentiates a project from operational tasks?

• Focus on cost reduction

• Permanent duration and repetitive outcomes

• Temporary and unique objectives

• Involves only internal stakeholders

Which phase of the 4D model involves reflecting on the experience gained to improve future projects?

• Design the project

• Deliver the project

• Define the project

• Develop the process