PoiT 5.1.2 All projects big and small

Some types of goals and tasks require stricter controls and more procedures than others.

How do project goals affect project culture and management?

By recognizing the impact of even small changes on the overall project success.

Maria received notification of a slight increase in the price of cement from the project vendor, but forgot to report this fact to the project manager. They project ended up over budget. How could this situation have been avoided?

The competitor may beat them to market with a similar product

VitaLive has authorized the development of a video game based on new technology. What is an example of a risk that has to be accepted because it cannot be mitigated?

To handle the day to day operations of the project.

What is the main task of the project manager?

Communication

What is the single most important factor in determining the success or failure of a project?

Milestones are the high level events or actions in a schedule

Which of the following is a true statement about milestones?

It sets up known quantities such as cost and timeframe.

Why is the project format popular in business for some goals?