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Project Management Weekly Challenge 1_Updating

 

Foundations of Project Management (W1)


Question Fill in the blank: In addition to a job title, many companies list project management as a desired _____.

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Project Management Weekly Challenge 2_Updating

  Foundations of Project Management (W2) 1. Suppose that as a project manager, you speak with stakeholders to determine which tasks the team should complete first. What project management value does this represent? A: Prioritization 2. When budgeting a project, what is the responsibility of a project manager? A: Controlling costs to ensure more money isn’t spent than what key stakeholders approved 3. As a project manager, you establish “escalation paths.” These allow you to quickly communicate task hindrances, also called roadblocks, to the right people. When escalating a roadblock, you document it and make sure everyone that needs to know is aware of the challenge. What project management responsibility does this represent? A: Ensure that issues and risks are tracked and visible 4. How can a project manager better communicate and clarify goals for a cross-functional team? A: Define key items and encourage team members to ask questions 5. You’re a project manager on a team that is ...

Project Management Weekly Challenge 8_Updating

  Project Initiation: Starting a Successful Project (W4) 1.  Fill in the blank: If the project has a _____, then it may be worth it for the team to learn a more sophisticated project management tool. A: large scope 2. What details should be in your project charter? Select all that apply. A: - Scope - Project goals - Deliverables 3. Who does the project manager need to get approval from before indicating a Go for the project? Select all that apply. A: - Project sponsor - Key Stakeholders 4. Fill in the blank: Project managers need to ensure project information is _____ through formal documentation, such as email, a presentation, or a digital document. A: Easily accessible to everyone 5. Email and chat are examples of what type of project management tool? A: Collaboration. 6. A project manager needs a tool to assign tasks and help visualize the team’s task progress. Which tool type should they choose? A: Work management 7. Fill in the blank: As a project manager, you may use Mi...

Project Management Weekly Challenge 11_Updating

  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...