Derrelict steelworks in Bethlehem, Penn

What is the primary focus of PM in the initial stages?

• Risk management

• Goal setting

• Team building

• Resource allocation

Which PM methodology is known for its flexibility and iterative process?

• Agile

• Lean

• Waterfall

• Six Sigma

What is a key benefit of using Agile methodology?

• Fixed budget

• High adaptability

• Limited stakeholder involvement

• Strict timelines

Which strategy is crucial for handling complex projects in PM?

• Delegation

• Micromanagement

• Centralization

• Isolation

How can real-world examples enhance PM learning?

• By providing theoretical knowledge

• By offering practical insights

• By focusing on past failures

• By limiting creativity