Project Quest

Which of the following best defines a project? 

• A continuous effort to support ongoing operations 

  
  

•  A temporary endeavor undertaken to create a unique product, service, or result 

  
  

•  A set of repetitive tasks performed daily 

  
  

•  A permanent activity with no specific end date 

  
  

The nature of public sector projects is primarily: 

• Profit-oriented

• Driven by shareholder returns

• Focused on social welfare and public good

• Limited to infrastructure development only

What is one major difference between private and public sector projects?

• Public projects are always smaller in scope
  

• Public projects focus on profitability
  

• Public projects are subject to political influences
  

• Public projects have fewer stakeholders

Which of the following is NOT a common reason for project failure in the public sector?

• Poor planning

• Inadequate stakeholder engagement

• Strong political oversight

• Lack of skilled project managers

Which of the following is NOT a key responsibility of a project manager?

• Managing project risks

• Ensuring stakeholder satisfaction

• Guaranteeing personal profit from the project

• Monitoring timelines and budgets

Which phase of the project life cycle involves defining objectives and planning activities?

• Initiation

• Planning

• Execution

• Closure

Scope management involves:

• Tracking team performance

• Defining and controlling what is included in the project

• Managing project finances

• Identifying all stakeholders

Requirements refer to:

• The features and functions the project must deliver

• The overall purpose and justification of the project

• The budget allocated for the project

• The timeline for project completion

Which of the following best describes the difference between scope and requirements?

• Scope is about how the project will be executed; requirements are about who is involved

• Requirements define what needs to be delivered; scope defines the boundaries of the project

• Scope and requirements are interchangeable terms

• Requirements define the budget, while scope defines the schedule

Which technique is commonly used to gather project requirements?

• Risk matrix

• SWOT analysis

• Interviews and surveys

• Gantt chart