Chapter 3 Quiz

27

In Phase I of the Just-In-Time Project, Kristin estimated that the project would have a ____ percent discounted return on investment and payback in the second year after implementing the new training program.

planning

It is helpful to start preparing a stakeholder management strategy during initiation and adding information to it during the ____ process.

False

Most experienced people will assert that it is easier to successfully complete a large project than a small one.

stakeholders

One of the main tasks normally involved in project initiation is to identify project ____.

rugby

The term "scrum" comes from ______.

True

Top management must support the development of project management standards and guidelines and encourage or even enforce their use.

project charter

What document formally recognizes the existence of a project and provides direction on the project's objectives and management?

business case

What document provides justification for investing in a project?

sign-off

What is a crucial part of the project charter-a section in which key project stakeholders acknowledge their agreement on the need for the project?

skick-off meeting

Which of the following is recommended in this text but is not an output of initiating in the PMBOK® Guide, Fifth Edition?

stakeholder analysis

Which project document should not be made available to all key project stakeholders due to its sensitive nature?

True

You can categorize stakeholders as being unaware, resistant, neutral, supportive, or leading.

External

_____ project stakeholders include the project's customers (if they are external to the organization), competitors, and suppliers, and other external groups that are potentially involved in or affected by the project, such as government officials and concerned citizens.

deliverable

A ____ is a product or service produced or provided as part of a project.

methodology

A ____________ describes how things should be done.

case

A business ____ is a document that provides justification for investing in a project.

True

A stakeholder analysis power/interest grid can be created during initiation.

process

A(n) _____ is a series of actions directed toward a particular result.

80%

Based on a 2014 study, approximately what percent of U.S. companies have project management offices?

charter

Because many projects fail due to unclear requirements and expectations, starting with a project ____ makes sense.