Weekly Challenge 3 Foundations of Project Management

Weekly Challenge 3 Foundations of Project Management


1) A project manager creates a timeline and defines all tasks that the team needs to complete. What phase of the project life cycle are they implementing?

Ans: Making a plan

 

2) What project management methodology allows some of the phases and tasks to overlap?

Ans: Agile methodology 

 

3) As a project manager, your team is launching a new product. Each step to launch the product includes clearly defined tasks. A task won’t begin until another task ends. Also, once the project starts, any changes to the product will be expensive. Which project management methodology is best for this project?

Ans: Waterfall methodology

 

4) Fill in the blank: _____ can be people, equipment, software programs, vendors or locations needed to complete a project.

Ans: A resource

 

5) Which of the following are project manager responsibilities during the closing phase? Select all that apply.

Ans:

Ensure all tasks are complete

Confirm acceptance of the project outcome

Reflect on lessons learned

 

6) As a project manager, you have gotten approval from your leadership team and planned the project from start to finish. What is the next step in the project phase?

Ans: Execute the project

 

7) Which project management approach uses the 5S quality tool and implements a Kanban scheduling system to manage production?

Ans: Lean

 

8) A project manager evaluates how the project went and celebrates the team’s hard work. What phase of the project life cycle are they implementing?

Ans: Close the project

 

9) Why should project managers always make a plan (phase two) before executing and completing tasks (phase three)?

Ans: Because creating a budget, setting a schedule, and determining roles and responsibilities is crucial to executing and completing tasks

 

10) Which project management methodology describes the ability to move quickly and easily through a project by working on many tasks at once?

Ans: Agile methodology

 

11) What is the main advantage of the Waterfall methodology over the Agile approach?

Ans: Waterfall has clearly defined expectations and helps teams avoid expensive changes to a project once it has started.

 

12) Fill in the blank: _____ can be people, equipment, software programs, vendors or locations needed to complete a project.

Ans: A resource 

 

13) As a project manager, you have gotten approval from your leadership team and planned the project from start to finish. What is the next step in the project phase?

Ans: Execute the project

 

14) Which project methodology is more traditional where tasks or phases are completed in a linear, sequential manner?

Ans: Waterfall

 

15) Which of the following are phases of the project life cycle? Select all that apply.

Ans:

Execute and complete tasks

Close the project

Initiate the project

 

16) Why should project managers always make a plan (phase two) before executing and completing tasks (phase three)?

Ans: Because creating a budget, setting a schedule, and determining roles and responsibilities is crucial to executing and completing tasks

 

17) Choose the best definition for a project management methodology.

Ans: A project management methodology is a set of guiding principles and processes for owning a project through its life cycle.

 

18) A project manager starts a project to build a new website. The team will launch the new homepage first and then update the remaining pages. What project management methodology should the project manager use?

Ans: Agile methodology

 

 

19) What is the main advantage of the Waterfall methodology over the Agile approach?

Ans: Waterfall has clearly defined expectations and helps teams avoid expensive changes to a project once it has started.

 

20) Which project management approach includes the following phases: define, measure, analyze, improve, control.

Ans: Lean Six Sigma methodology

 

21) Which of the following are project manager responsibilities during the planning phase? Select all that apply.

Ans:

Establish the team

Create a budget

Set the schedule

 

22) Which of the following are project manager responsibilities during the execution phase? Select all that apply.

Ans:

Handle communication for the team

Manage the project’s progress

Make adjustments to the schedule, budget, and resources

 

23) As a project manager, you have gotten approval from your leadership team and planned the project from start to finish. What is the next step in the project phase?

Ans: Execute the project

 

24) Which project methodology involves reducing variations by ensuring that quality processes are followed every time?

Ans: Six Sigma


Understanding the project life cycle

1) What are some potential consequences of rushing through the initiation phase of a project?

Ans:

Impact to the budget

Impact to the timeline

Impact to quality

 

2) Imagine that a project manager has just begun working on a project for a trucking logistics company. The customer wants to see a proposal as soon as possible, but it is taking the project manager longer than expected because he needs more input from stakeholders and the project team. What should the project manager do to turn the project into a success?

Ans: Ask the customer for more time to consult with stakeholders and the project team to deliver an accurate cost and timeline proposal.

 

3) What are the main phases of the project life cycle? Select all that apply.

Ans:

Initiate the project

Make a plan

Execute and complete tasks

Close the project

 

4) What are three benefits of closing a project? Select all that apply

Ans:

Share the team’s accomplishments with people outside the team

Evaluate what worked and what didn’t work

Celebrate the team’s success

 

 

Analyzing the different project phases

 

1) What is the project manager’s primary job in phase three (execute and complete tasks) of the project life cycle?

Ans: Monitor the project team as they complete tasks and break down any barriers

 

 

2) Phase two of the project life cycle (make a plan) includes which two of the following tasks?

Ans:

Set the project schedule

Identify milestones and tasks

 

3) During which phase of the project life cycle does a project manager hand off all remaining deliverables?

Ans: Close the project

 

4) Imagine a project manager oversees their company’s transition to a new financial management system. They determine that the project goal is to make the financial portal easier for employees to use. They also identify key stakeholders and outline project objectives. During which phase of the project life cycle do these activities take place?

Ans: Initiate the project


Services
Contact Us