LearningWithMe

  Project Execution: Running the Project (W1) 1.  Which three of the following scenarios represent a deviation from a project plan? A: - A company increases its budget for a project - A lead designer quits to take another job - A production facility goes out of busniess 2. Which five items should you track throughout the project execution phase? A: - Action items - Key tasks and activities - Project schedule - Progress toward milestones - Project costs 3. Which tracking method is best for teams with a lot of people and projects with many tasks or milestones that are dependent on one another? A: Gantt chart 4. How does a roadmap differ from a Gantt chart? A: A roadmap tracks big milestones and includes a high-level project overview; a Gantt chart is useful for large projects with many dependencies. 5. Imagine an auto manufacturer has a project to build a new model of car. The project manager learns there is a delay of a key shipment of parts. Which of the triple constraints d...

  Project Planning: Putting It All Together (W5) 1. What do project managers need to identify before creating a communication plan? A: Recipients, communication methods, goals of communication, and barriers to communication 2. How can you foster effective communication within your team? Select all that apply. A: - Obtain feedback and incorporate it going forward - Recognize and understand individual differences 3. What is the purpose of a communication plan? A: Organize and document the processes, types, and expectations of communication 4. As a project manager, you have a weekly video conference with stakeholders as part of your communication plan. What two additional details should the communication plan include? A: - Goal - Key dates 5. What potential barriers should you consider when making a communication plan? Select all that apply. A: - Time zone limitations - Privacy or internet access issues - Linguistic and cultural differences 6. What are the key benefits of a communicat...

  Project Planning: Putting It All Together (W4) 1. Fill in the blank: A(n) is a known and real problem that can affect a team's ability to complete a task. A: issue 2. This risk management process can provide project managers a better understanding of what information? Select all that apply. A: - How could the project manager mitigate the potential risk - Who the project manager needs to consult about a risk - What could go wrong with the project 3. As a project manager practicing risk management, you’ve already identified the risk. Now, you’re determining the likelihood and potential impact the risk will have on your project. Which risk management step does this represent? A: Analyze risks 4. Identify the steps involved in creating and utilizing a fishbone (or cause-and-effect) diagram. A: Define the problem, identify categories, brainstorm causes, and analyze the causes 5. Fill in the blank: Once an organization has explored the inherent risks of a project, its willingness ...

  Project Planning: Putting It All Together (W3) 1.  When creating a budget, a project manager must do which of the following? Select all that apply. A: - Review and reforecast throughout the project - Budget for surprise expenses - Understand stakeholder needs 2. As a project manager creating a budget, you’re thinking about all the parts of a project from beginning to end—making a list of every material, resource, and contract worker. What do you call this type of budgeting A: Bottom-up approach 3. Which scenario is an example of proactive budget management? A: While planning your project budget, you gather historical data and consult with industry experts. You consider fixed costs, add relevant line items, and set aside a 5% reserve for unexpected costs. 4. As a project manager, you’re seeking a procurement approach that outlines clear workstreams, hard deadlines, and financially protects your project against unforeseen circumstances. Which procurement approach should you ch...