Exam 1: Project Management Concepts

A plan must be developed that identifies and assesses potential risks, determines the likelihood of occurrence and potential impacts of risks, and delineates responses for dealing with risks.

Give an example of a project objective.

How could currency fluctuations and exchange rates impact the achievement of the project objective and customer satisfaction?

The project management process involves two major functions: first, establishing a plan, and then executing that plan to achieve the project objective.Describe how the project manager can help these two functions be successful.

Resources are identified and selected in the

A stakeholder has concerns about a project.The project team should

Give an example of a project and describe when its performing phase is complete.

Which of the following is not an example of a project?

The project scope is all the work that must be done in order to produce all the project deliverables, satisfy the customer, and achieve the project objective.

A project team is contacted by a stakeholder about a concern related to their project.The project team should

Jake, a project manager for XYS Company, is developing the project plan for the implementation of a new technique to reduce the level of carbon dioxide emitted after a manufacturing process.Nandipha, a project manager for ABG Company, is developing a project plan to survey customers about how they have implemented a new product.Describe the similarities and differences of at least three project constraints that Jake and Nandipha may face during their projects.

Quality expectations are only defined at the start of the project.

A request for proposals or a tender is used to initiate all projects by communicating that a project is needed.

The usually states the time by which a project scope must be completed in terms of the specific date agreed upon by the sponsor.

Describe how communication could be impacted for a project that is a multinational and multilingual project.

The list that includes key contact information, role or specific topics of interest, expectations, any known issues, and areas of potential influence for each stakeholder is known as the

A network diagram is a hierarchical decomposition of the project scope into work elements to be executed to produce the project deliverables.

Describe a project that could be completed to help repair a city that has been damaged by an earthquake.