foundations of project management weekly challenge 3 answers
1. Which term refers to the process of initiating a project, making a plan, executing and completing tasks, and closing a project?
- Waterfall methodology
- Project life cycle
- Agile methodology
- Project management methodology
2. Why should project managers always make a plan (phase two) before executing and completing tasks (phase three)?
- Because executing and completing tasks is crucial to understanding scope, cost, and timeline
- Because creating a budget, setting a schedule, and determining roles and responsibilities is crucial to developing the project charter
- Because executing and completing tasks is crucial to creating a budget, setting a schedule, and determining roles and responsibilities
- Because creating a budget, setting a schedule, and determining roles and responsibilities is crucial to executing and completing tasks
3. What is the term for a set of guiding principles and processes for owning a project through its life cycle?
- Project management methodology
- Waterfall methodology
- Life cycle methodology
- Project life cycle
4. Which answer best describes the Waterfall project management methodology?
- Created in the seventies, the Waterfall methodology refers to the sequential ordering of phases, including initiating, planning, executing, and closing.
- Created in the eighties, the Waterfall methodology refers to the sequential ordering of phases, including defining, measuring, analyzing, improving, and controlling.
- Created in the nineties, the Waterfall methodology refers to being able to move quickly and easily through a project by working on many tasks at once.
- Created in the eighties, the Waterfall methodology refers to being able to move quickly and easily through a project by combining and eliminating tasks.
5. What is the main advantage of the Waterfall methodology over the Agile approach?
- Waterfall takes a flexible approach, letting teams make adjustments as they go.
- Waterfall focuses on reducing waste within an operation.
- Waterfall allows for easy reorganization of tasks as the project progresses.
- Waterfall has clearly defined expectations and helps teams avoid expensive changes to a project once it has started.
6. Which project management approach includes the following phases: define, measure, analyze, improve, control.
- Agile methodology
- Linear methodology
- Lean Six Sigma methodology
- Waterfall methodology
7. Which of the following are project manager responsibilities during the planning phase? Select all that apply.
- Get project approval
- Establish the team
- Create a budget
- Set the schedule
8. Which of the following are project manager responsibilities during the execution phase? Select all that apply.
- Handle communication for the team
- Manage the project’s progress
- Make adjustments to the schedule, budget, and resources
- Do the majority of the work
9. In which project phase does it help to ask questions such as: “Who are the stakeholders?”, “What skills and resources will the project require?”, and “What are the client’s or customer’s goals?”
- Make a plan
- Execute the project
- Close the project
- Initiate the project
10. Which project management approach uses the 5S quality tool, the DMAIC process, and Kanban boards?
- Scrum
- Lean Six Sigma
- Waterfall
- Agile
Shuffle Q/A 1
11. Choose the best definition for a project management methodology.
- A project management methodology is a set of guiding ethical values for operating a project through its life cycle.
- A project management methodology is a set of guiding laws and measures for owning a project through its life cycle.
- A project management methodology is a set of guiding tasks and measurements for owning a project through its life cycle.
- A project management methodology is a set of guiding principles and processes for owning a project through its life cycle.
12. Which project management methodology is organized in sequential phases (including initiating, planning, executing, and closing)?
- Lean Six Sigma methodology
- Waterfall methodology
- Agile methodology
- DMAIC methodology
