Which from the following represents the correct project cycle? (A) Planning→Initiating→Executing→Closing (B) Planning→Executing→Initiating→Closing (C) Initiating→Planning→Executing→Closing (D) Initiating→Executing→Planning→Closing

Which from the following represents the correct project cycle?

(A) Planning→Initiating→Executing→Closing

(B) Planning→Executing→Initiating→Closing

(C) Initiating→Planning→Executing→Closing

(D) Initiating→Executing→Planning→Closing
by

1 Answer

Answer :

(C) Initiating→Planning→Executing→Closing
by

Related questions

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Which one of the following statements is true? a. The business case is owned by the sponsor and is created during the concept phase of the project life cycle. b. The business case is owned by the project manager and is created during the concept phase of the project life cycle. c. The business case is owned by the sponsor and is created during definition phase of the project life cycle. d. The business case is owned by the project manager and is created during the definition phase of the project life cycle.

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Project cycle is a collection of generally sequential project phases whose description and order of occurrence are determined by the control needs of the organisation or organisations involved in the project. (True/False)

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The project life cycle consists of (A)Understanding the scope of the project (B)Objectives of the project (C)Formulation and planning various activities (D)All of the above

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A is a set of activities which are networked in an order and aimed towards achieving the goals of a project. (A)Project (B)Process (C)Project management (D)Project cycle

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Risk Event Graph is having following on X axis A.Gantt Chart B.Work Break Down Structure C.Project Life Cycle D.Splitting

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Which stage of project management life cycle requires the maximum time of completion A.Conceptualization B.Planning C.Execution D.Estimation

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Which one of the following is captured in the Work Breakdown Structure (WBS)? A.The life cycle phases B.The logical order of tasks C.The scope of the project D. Project costs

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Project management is the second major component of the planning phase of the systems development life cycle (SDLC), and it includes three steps: creating the work plan, staffing the project, and controlling and directing the project.

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Which one of the following best describes project management? a. Using APM’s Body of Knowledge 6th edition as a guide to all projects. b. Employing a project manager who has ud. Application of processes and methods throughout the project life cycle.ndertaken similar projects. c. Utilising team members who can work on a project full time.

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The phases of a project life cycle are: a. starting, planning, control and closing. b. concept, definition, development, handover and closure. c. initiation, definition, planning, monitoring and operations. d. concept, definition, implementation and operations.

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The accuracy of an estimate should: a. decrease as a project progresses through its life cycle. b. increase as a project progresses through its life cycle. c. stay constant throughout the project life cycle. d. vary independently of where the project is in its life cycle.

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Last Answer : b. increase as a project progresses through its life cycle.

One of the reasons a project life cycle is split into phases is to: a. facilitate formal go/no-go decision making during the project. b. balance the costs of work in each phase of project development. c. mirror the major deployments of resources throughout the project. d. chunk work into time periods of similar durations.

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Last Answer : a. facilitate formal go/no-go decision making during the project.

Which one of the following statements best defines an estimate? a. An approximation of project time and cost targets, refined throughout the project life cycle. b. A prediction of a future condition or event based on information or knowledge available now. c. The value of useful work done at any given point in a project to give a measure of progress. d. A situation that affects or influences the outcome of the project expressed in time or cost terms.

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Last Answer : a. An approximation of project time and cost targets, refined throughout the project life  cycle.

Which one of the following is captured in the Work Breakdown Structure (WBS)? a. The life cycle phases. b. The logical order of tasks. c. The scope of the project. d. Project costs

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Which one of the following statements is true?a. The business case is owned by the sponsor and is created during the concept phase of the project life cycle. b. The business case is owned by the project manager and is created during the concept phase of the project life cycle. c. The business case is owned by the sponsor and is created during definition phase of the project life cycle. d. The business case is owned by the project manager and is created during the definition phase of the project life cycle.

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Cost controls can be best described by which of the following? 1. The process of developing the future trends along with the assessment of probabilities, uncertainties, and inflation that could occur during the project 2. The process of assembling and predicting costs of a project over its life cycle 3. The process of assembling and predicting costs of a project over its life cycle 4. The process of gathering, accumulating, analyzing, reporting, and managing the costs on an on-going basis.

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Last Answer : 4. The process of gathering, accumulating, analyzing, reporting, and managing the costs on  an on-going basis.

Cost budgeting can be best described by which of the following? 1. The process of developing the future trends along with the assessment of probabilities, uncertainties, and inflation that could occur during the project 2. The process of assembling and predicting costs of a project over its life cycle 3. The process of establishing budgets, standards, and a monitoring system by which the investment cost of the project can be measured and managed 4. The process of gathering, accumulating, analyzing, reporting, and managing the costs on an on- going basis

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Last Answer : 3. The process of establishing budgets, standards, and a monitoring system by which the  investment cost of the project can be measured and managed

The time necessary to complete a project is referred to as: 1. Implementation time 2. Life cycle 3. Operations cycle 4. Production cycle

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The cost impact of a risk event occurring as a project proceeds through its life cycle tends to A. Slowly rise B. Slowly drop C. Drop sharply and then level out D. Rise sharply and then level out

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Considers the total cost of ownership, or development plus support costs, for a project. A. Learning Curve Theory B. Life Cycle Costing C. Parametric Modeling D. Rate of Performance

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The project life cycle consists of A. Understanding the scope of the project B. Objectives of the project C. Formulation and planning various activities D. All of the above

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Last Answer : D. All of the above

A is a set of activities which are networked in an order and aimed towards achieving the goals of a project. A. Project B. Process C. Project management D. Project cycle

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Explain Project Life Cycle?

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Which of the following is not correct about initial phase of a project? a. The cost associated at the beginning of the project is highest. b. Stakeholders have maximum influence during this phase c. The highest uncertainty is at this stage of the project. d. All the above statements are correct.

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Last Answer : a. The cost associated at the beginning of the project is highest.

All of the following statements are true regarding risk events except which one? Choose the least correct answer.A. Project risks are uncertain events. B. If risks occur, they can have a positive or negative effect on project objectives. C. Unknown risks are threats to the project objectives, and nothing can be done to plan for them. D. Risks that have more perceived rewards to the organization than the consequences of the risk should be accepted.

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