project initiation starting a successful project weekly challenge 3 answers
1. Which of the following responsibilities does project management include?
- Apply technical expertise to execute the project’s day-to-day tasks
- Oversee the scope, schedule, budget, and quality of a project
- Sign off on budget and resources
- Ensure that the business meets its overall objective
2. Which three of the following responsibilities can belong to the project sponsor?
- Ensure that the project delivers the agreed upon value to the business.
- Play a key leadership role throughout the project.
- Plan and organize the project.
- Fund the project.
3. Which stakeholders benefit directly (not indirectly) from a project’s success? Select all that apply.
- Secondary stakeholders
- Key players
- Primary stakeholders
- Minor players
4. Who uses technical and interpersonal skills to carry out day-to-day project tasks?
- Project team members
- Project manager.
- Secondary stakeholders
- Project sponsor
5. Which term refers to identifying stakeholders and grouping them by interest and influence?
- Stakeholder monitoring
- Stakeholder analysis
- Stakeholder buy-in
- Steering committee meeting
6. How does stakeholder analysis benefit a project? Select all that apply.
- Builds partnerships necessary for project success
- Helps the project team avoid surprises
- Gets the right people involved at the right time
- Lowers project costs
7. Which of the following statements are true of RACI charts? Select all that apply.
- Assess each stakeholder’s ability to participate and build necessary partnerships
- Define project roles and responsibilities to ensure efficiency
- Determine which stakeholders are responsible for which tasks
- Record the level of risk stakeholders bring to the project
8. Which three of the following situations can lead to role confusion on a project?
- When only one person is designated as accountable
- When ownership of decisions is unclear
- When workloads are unbalanced
- When team members perform overlapping work
9. As a project manager, you make considerations when building a team. You decide how many people need to be on the team, what expertise each member will need to complete their tasks, and if they have a personal incentive to work on the project. What else should you consider when building a team?
- Team member availability
- Team member communication preferences
- Degree of stakeholder engagement
- Whether the project has a strong business case
10. As a project manager, you’re prioritizing stakeholders with a power grid. One stakeholder has low power and high interest. What level of engagement should the team have with the stakeholder?
- Monitor
- Meet their needs
- Manage closely
- Show consideration
11. Who has the role of interacting with stakeholders throughout a project?
- Product vendor
- Project manager
- Project sponsor
- Product lead
12. What is a responsibility of the project sponsor?
- To conduct meetings with the team members and assign tasks
- To ensure the successful completion of a project
- To complete the daily tasks of the project
- To create the project charters and RACI charts
13. What is one of the main ways primary and secondary stakeholders can help in the planning stages of a project?
- To complete and execute tasks
- To define project goals and outcomes
- To create charts and visuals for the team
- To conduct a stakeholder analysis for the project
14. What group often provides the technical skills required for a project?
- Project team members
- Project manager.
- Primary stakeholders
- Secondary stakeholders
15. Fill in the blank: Stakeholder analysis is the process of identifying stakeholders and grouping them by _____.
- interest and influence
- seniority and experience
- availability and participation
- talents and skills
16. As a project manager, you complete a stakeholder analysis and make a list of all the stakeholders. What is often the next step?
- Determine the level of interest and influence for each stakeholder
- Schedule a meeting with all stakeholders
- Make a budget to determine how much each stakeholder should invest
- Assign tasks to each stakeholder
17. Which of the following is true of someone who is accountable in a RACI chart?
- Ensures the work gets completed
- Learns about tasks when they are complete
- Carries out the work to complete the tasks
- Gives feedback according to their subject matter expertise
18. As a project manager creating a team, what is an important step that enables team members to complete tasks?
- Ensure each team member has the necessary skills to complete the tasks
- Ensure all team members are able to effectively communicate with stakeholders
- Ensure all team members have an interest in the project
- Ensure all team members are friendly and nice
19. As a project manager, you’re prioritizing stakeholders with a power grid. One stakeholder has high power and low interest. What level of engagement should the team have with the stakeholder?
- Manage closely
- Meet their needs
- Show consideration
- Monitor
20. Which of the following is a title given to the director responsible for the successful outcome of a project?
- The project sponsor
- The project manager
- The team member
- The client
21. Which responsibilities belong to project team members?
- Use technical expertise and interpersonal skills to complete day-to-day tasks
- Report project findings and progress to the project sponsor
- Make sure the project fulfills its objective and supports the overall business strategy
- Oversee the scope, schedule, budget, and quality of a project
22. What does the acronym RACI stand for?
- Responsible, Appeased, Consulted, Interested
- Responsible, Accountable, Consulted, Informed
- Responsible, Accountable, Considered, Informed
- Responsible, Accountable, Considered, Interested
23. As a project manager, you have a team member who is a subject matter expert and will answer questions as needed during the execution of the project. What role will this person be assigned in a RACI chart?
- Consulted
- Informed
- Responsible
- Accountable
24. As a project manager, you make considerations when building a team. You decide how many people should be on the team, if they have the time to work on the project, and if they have a personal incentive to work on the project. What else should you consider when building a team?
- Necessary skills for the project
- Likelihood of project success
- Team member communication preferences
- Degree of stakeholder engagement
25. As a project manager, you are prioritizing stakeholders with a power grid. One stakeholder has low power and low interest. What level of engagement should the team have with the stakeholder?
- Monitor
- Manage closely
- Meet their needs
- Show consideration
26. Who is responsible for the team's overall success and the project as a whole?
- Project manager
- Project sponsor
- Primary stakeholder
- Product lead
27. Which of the following people are likely to be primary stakeholders in a project? Select all that apply.
- The project sponsor
- The project team
- Business competitors
- The project client
28. Which of the following activities are steps in a stakeholder analysis? Select all that apply.
- Assess each stakeholder’s reputation and level of experience
- List the stakeholders impacted by the project
- Assess each stakeholder’s level of interest and influence
- Determine which stakeholders should be excluded from the project
29. What is the main benefit of making a RACI chart?
- Illustrates all of the potential risks and opportunities for success
- Assess each stakeholder’s ability to participate and build necessary partnerships
- Determines which stakeholders should fill which roles during a project
- Helps set SMART goals
30. In what two ways do RACI charts help project managers communicate effectively with stakeholders?
- Eliminate confusion and overlapping work at the task level
- Reveal which stakeholders have the greatest interest in the project
- Reduce the number of people who need to communicate
- Map out each person’s roles and responsibilities
31. You are creating a new team to complete a project. In order to choose the right people, what is the first task to complete?
- Make a list of the roles required to complete the tasks
- Make a list of people who are interested in the project
- Make a list of stakeholders and their priorities
- Make a list of all team members in the company
32. Who is responsible for overseeing the scope, schedule, budget, and quality of a project?
- Primary stakeholders
- Project manager
- Product lead
- Project sponsor
33. As a project manager, you are defining the goals and outcomes for a project. Who should help you with this?
- Minor players
- Stakeholders
- Team members
- Project vendors
34. What role does the project manager assign to those executing project tasks?
- Project sponsors
- Project managers
- Secondary stakeholders
- Project team members
35. What type of chart is a visual representation of all stakeholders in a project?
- Project task chart
- Project budget summary
- RACI chart
- Stakeholder analysis chart
36. What is the first step in a stakeholder analysis?
- Determine each stakeholder’s level of interest
- List the stakeholders impacted by the project
- Assess each stakeholder’s ability to participate and find ways to involve them
- Determine each stakeholder’s level of influence
37. In a RACI chart, how many people should be designated as accountable?
- Two
- Four
- Three
- One
38. As a project manager, you make considerations when building a team. You decide how many people should be on the team, if they have the time to work on the project, and what expertise each team member needs for their tasks. What else should you consider when building a team?
- Degree of project sponsor engagement
- Likelihood of project success
- Team member motivation
- Whether the project has a strong business case
39. A stakeholder needs additional time to make a decision on a project. What communication steps can a project manager make to help the stakeholder make their decision? Select all that apply.
- Over-communicate early on
- Start the work before the stakeholder makes a decision and confirm the decision later
- Hold frequent meetings with the stakeholder
- Send daily updates in progress emails
40. Does the project sponsor fund the project?
- Yes. The project sponsor plays a vital leadership role, which always includes funding the project.
- No. The project sponsor plays a vital leadership role but does not fund the project.
- Sometimes. The project sponsor plays a vital leadership role, which sometimes includes funding the project.
41. When conducting a stakeholder analysis, what does interest measure?
- How many meetings the stakeholder participates in
- How much money the stakeholder has invested in the project
- How much the project outcome will affect the stakeholder
- How much the stakeholder’s actions affect project outcome
42. As a project manager, you create a chart to assign roles and responsibilities for the team. What type of chart are you creating?
- RACI chart
- Stakeholder analysis chart
- Team analysis chart
- SBI chart
43. As a project manager, you make a list of tasks required to complete a project. You decide on the number of team members required to complete the tasks. What is the next step to decide in building the team?
- Gauge the interest of each team member
- Provide sponsorship for the team members
- Assign roles for each team member
- Determine the business value of the project
44. As a project manager, you’re prioritizing stakeholders with a power grid. You have a stakeholder you will need to manage closely. Where will you place this person in the power grid?
- High interest, low influence
- High interest, high influence
- Low interest, high influence
- Low interest, low influence
45. Who are likely to be secondary stakeholders on a project?
- Project contractors
- Project managers
- Team members
- Project sponsors
46. What is the purpose of a stakeholder analysis?
- Determine which stakeholders to exclude from a project
- Talk to stakeholders and learn about their interests
- Meet with stakeholders to make major project decisions
- Identify stakeholders and determine their involvement in a project
47. What does a power grid represent when conducting a stakeholder analysis?
- A power grid determines the stakeholders’ roles based on their position on the grid
- A power grid visualizes how many tasks each stakeholder can complete
- A power grid determines out accomplishments of each stakeholder
- A power grid visualizes each stakeholder’s interest and influence in the project
48. How often should communication happen with project sponsors?
- Throughout the closing phase of the project
- Only at the execution of a project
- Only at the beginning and end of a project
- Throughout all phases of the project
49. As a project manager, you have made a list of stakeholders and determined their interest and influence in a project. What is often the next step in a stakeholder analysis?
- Determine each stakeholder’s level of influence
- Schedule a meeting with stakeholders to introduce the team
- Assess each stakeholder’s ability to participate and find ways to involve them
- Complete a budget analysis for the project
50. As a project manager creating a team, what is an important step that enables team members to complete tasks?
- Ensure each team member has the necessary skills to complete the tasks
- Ensure all team members are able to effectively communicate with stakeholders
- Ensure all team members have an interest in the project
- Ensure all team members are friendly and nice
51. Which of the following responsibilities typically belong to the project manager? Select all that apply.
- Control change and monitor project quality
- Sign off on the budget
- Develop the project management plan
- Direct project work and report on progress to stakeholders
52. As a project manager, you are defining the goals and outcomes for a project. Who should help you with this?
- Minor players
- Team members
- Project vendors
- Stakeholders