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  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...

  Project Planning: Putting It All Together (W2) 1.  Which of the following are relevant project documents you should link to in your project plan? Select all that apply. A: - RACI charts that define roles and responsibilities for individuals on a team - The project charter that defines the projects and outlines project goal details 2. Fill in the blank: Time estimation predicts the total amount of time required to complete a task, while the actual time it takes to complete a task _____. A: may vary depending on overlooked potential risks 3. Fill in the blank: To determine the _____ of a project, list the milestones you must reach in order to meet the project goal on schedule. A: Critical path 4. Which examples below demonstrate a project manager asking an open-ended question? Select all that apply. A: - What are the steps in your customer feedback review process and what factors do you include in your report of this review? - What are the issues I need to be aware of regardi...

  Project Planning: Putting It All Together (W1) 1.  Fill in the blank: When creating a work breakdown structure (WBS), a project manager should focus on _____ rather than actions. A: deliverables 2. Fill in the blank: During the planning phase of a project, you take steps that help you _____ to achieve your project goals. A: understand the work you need to do 3. What four items do stakeholders need to approve before the planning phase can begin? A: - Project charter - Project scope - Project deliverables - Project goals 4. As a project manager, you’re trying to take all the right steps to prepare for the project. What steps should you take? Select all that apply. A: - Form the project plan with the team so they have a shared. understanding of the project. - Understand the work the team needs to do to achieve their goals. - Identify and prepare for risks that could impact the project. 5. Suppose that as a project manager you’re running a kick-off meeting. During the meeting, y...

  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 Initiation: Starting a Successful Project (W3) 1.  Which of the following responsibilities does project management include? A: Oversee the scope, schedule, budget, and quality of a project 2. Does the project sponsor fund the project? A: Sometimes. The project sponsor plays a vital leadership role, which sometimes includes funding the project. 3. Which stakeholders benefit directly (not indirectly) from a project’s success? Select all that apply. A. - Primary stakeholders (Which stakeholders are indirectly impacted by a project's success? - Secondary stakeholders ) 4. Which responsibilities belong to project team members? A: Use technical expertise and interpersonal skills to complete day-to-day tasks 5. What is the purpose of a stakeholder analysis? A: Identify stakeholders and determine their involvement in a project 6. Which of the following activities are steps in a stakeholder analysis? Select all that apply. A: - Assess each stakeholder’s level of interest and...