Why is it important to understand your Stakeholders? A. They may work in a different department or company B. They may have different technical backgrounds C. They may not care about the project D. They can be a positive or negative influence on the project (Ans.)

Why is it important to understand your Stakeholders? 

A. They may work in a different department or company

B. They may have different technical backgrounds

C. They may not care about the project

D. They can be a positive or negative influence on the project (Ans.)
by

1 Answer

Answer :

D. They can be a positive or negative influence on the project (Ans.)
by

Related questions

Marco is an investor, and Jon is a project team member. Both have intensive technical background for the project that you are managing. However, recently they have disagreed on the next step to take for the project. They both decide to defer to whoever has the authority to make this decision. Who has the authority to decide which direction should be taken for the project? Select one: a. Project manager b. Stakeholders c. The project team d. Investors e. The board of trustees of this company

Description : Marco is an investor, and Jon is a project team member. Both have  intensive technical background for the project that you are managing.  However, recently they have disagreed on the next step to take ... b. Stakeholders c. The project team d. Investors e. The board of trustees of this company

Last Answer : c. The project team

Expert power is the power that comes from the amount of knowledge a person has obtained in a specific area. This type ofpower is: 1. Critical to a project manager because the PM has to have as much or more knowledge than any of the team members tomake sure the project is completed successfully 2. Used by the PM to influence upper management and the critical stakeholders 3. Important if the project manager wants to maintain the respect of the project team 4. Used sparingly if at all by the PM because the PM cannot stay current on all areas of expertise and also manage the project

Description : Expert power is the power that comes from the amount of knowledge a person has obtained in  a specific area. This type ofpower is: 1. Critical to a project manager because the PM has to have ... by the PM because the PM cannot stay current on all areas of  expertise and also manage the project

Last Answer : 4. Used sparingly if at all by the PM because the PM cannot stay current on all areas of  expertise and also manage the project

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.

Description : 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.

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

Complete the following statement. In a weak matrix environment, the project manager, Eric, has to constantly make an effort to influence his project team and stakeholders to ensure project success. This is because: Select one: a. Eric has a lot of authority. b. Eric has no or little authority. c. Eric is controlled by his functional managers. d. there are no functional managers. e. Eric has flexibility on authority.

Description : Complete the following statement. In a weak matrix environment, the  project manager, Eric, has to constantly make an effort to influence his  project team and stakeholders to ensure project success. ... managers. d. there are no functional managers. e. Eric has flexibility on authority.

Last Answer : b. Eric has no or little authority.

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.

Description : 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.

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

Who among the following are less able to influence a project? (A) Consultants (B) Contractors (C) Stakeholders (D) Project team

Description : Who among the following are less able to influence a project? (A) Consultants (B) Contractors (C) Stakeholders (D) Project team

Last Answer : (B) Contractors

The entire process of a project may be considered to be made up on number of sub process placed in different stage called the (A) Technical key resources (B) Work key structure (C) Work Breakdown Structure (WBS). (D) None of the above

Description : The entire process of a project may be considered to be made up on number of sub process placed in different stage called the (A) Technical key resources (B) Work key structure (C) Work Breakdown Structure (WBS). (D) None of the above

Last Answer : (C) Work Breakdown Structure (WBS).

The entire process of a project may be considered to be made up on number of sub process placed in different stage called the (A)Technical key resources (B)Work key structure (C)Work Breakdown Structure (WBS). (D)None of the above

Description : The entire process of a project may be considered to be made up on number of sub process placed in different stage called the (A)Technical key resources (B)Work key structure (C)Work Breakdown Structure (WBS). (D)None of the above

Last Answer : (C)Work Breakdown Structure (WBS).

Which one is a true statement relating to project communications? a. A project sponsor is responsible for all communication methods and media. b. Different stakeholders typically have different communication needs. c. It is best to have a standard set of project reports used for every project. d. Email is the only way to communicate with large numbers of people.

Description : Which one is a true statement relating to project communications? a. A project sponsor is responsible for all communication methods and media. b. Different stakeholders typically have different communication needs ... project. d. Email is the only way to communicate with large numbers of people.

Last Answer : b. Different stakeholders typically have different communication needs.

Which one is a true statement relating to project communications? A. A project sponsor is responsible for all communication methods and media. B.Different stakeholders typically have different communication needs. C. It is best to have a standard set of project reports used for every project. D. Email is the only way to communicate with large numbers of people

Description : Which one is a true statement relating to project communications?  A. A project sponsor is responsible for all communication methods and media.  B.Different stakeholders typically have different communication ... project.  D. Email is the only way to communicate with large numbers of people

Last Answer : B.Different stakeholders typically have different communication needs

Which one is a true statement relating to project communications? a. A project sponsor is responsible for all communication methods and media. b. Different stakeholders typically have different communication needs. c. It is best to have a standard set of project reports used for every project. d. Email is the only way to communicate with large numbers of people.

Description : Which one is a true statement relating to project communications?  a. A project sponsor is responsible for all communication methods and media.  b. Different stakeholders typically have different communication ... project.  d. Email is the only way to communicate with large numbers of people.

Last Answer : b. Different stakeholders typically have different communication needs.

Ahmed is actively initiating a project, so he plans to invite all relevant internal and external stakeholders including sponsors, customers, project teams, etc. for a kick-off meeting. To ensure all of them are covered in the stakeholder register, which document is the most helpful for Ahmed to look at? Select one: a. Project team activities b. Scope statement c. Project charter d. Work packages e. Project funding agents

Description : Ahmed is actively initiating a project, so he plans to invite all relevant  internal and external stakeholders including sponsors, customers, project  teams, etc. for a kick-off meeting. To ensure all ... b. Scope statement c. Project charter d. Work packages e. Project funding agents

Last Answer : c. Project charter

A project planning methodology is any structured approach used to guide the project team during development of the project plan. What is an example of this methodology? 1. Standard forms or templates. 2. Upper management involvement 3. Functional work authorizations4. Stakeholders skills

Description : A project planning methodology is any structured approach used to guide the project team  during development of the project plan. What is an example of this methodology? 1. Standard forms or templates.  2. Upper management involvement  3. Functional work authorizations 4. Stakeholders skills

Last Answer : 1. Standard forms or templates.

Who are project team members primarily accountable to? a. External stakeholders. b. The end users. c. The finance director. d. The project manager.

Description : Who are project team members primarily accountable to? a. External stakeholders. b. The end users. c. The finance director. d. The project manager.

Last Answer : d. The project manager.

Project reporting can best be defined as: a. informing stakeholders about the project. b. storing and archiving of project information. c. gathering stakeholder feedback. d. collecting project information.

Description : Project reporting can best be defined as: a. informing stakeholders about the project. b. storing and archiving of project information. c. gathering stakeholder feedback. d. collecting project information.

Last Answer : a. informing stakeholders about the project.

Which one of the following statements is true? a. Independ. Quality planning enables the project manager to manage the trade-off between customer expectations and budgetdent reviews and quality audits form part of quality assurance to ensure the project manager delivers on time and to budget. b. Quality assurance provides confidence to stakeholders that requirements for quality will be exceeded. c. Quality control verifies that the project deliverables conform to specification, are fit for purpose and meet stakeholder expectations.

Description : Which one of the following statements is true? a. Independent reviews and quality audits form part of quality assurance to ensure the project manager delivers on time and to budget. ... Quality planning enables the project manager to manage the trade-off between customer expectations  and budget

Last Answer : c. Quality control verifies that the project deliverables conform to specification, are fit for purpose and  meet stakeholder expectations.

A communication management plan identifies the relevant information that should be communicated to: a. the project team. b. the project stakeholders. c. the project board. d. the project sponsor.

Description : A communication management plan identifies the relevant information that should be communicated to: a. the project team. b. the project stakeholders. c. the project board. d. the project sponsor.

Last Answer : b. the project stakeholders.

The project you are managing has nine stakeholders. Hod. 36w many channel of communications are there between these stakeholders? a. 9 b. 8 c. 45

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Determining the policies that are needed for the smooth execution of a project relates to which of the following agenda items of alignment sessions? Select one: a. Developing a common understanding of the project purpose b. Establishing trust among team members c. Engaging stakeholders in dialogue d. Developing role clarification on projects e. Agreeing on the means and methods for accomplishing the purpose

Description : Determining the policies that are needed for the smooth execution of a project  relates to which of the following agenda items of alignment sessions? Select one: a. Developing a common ... role clarification on projects e. Agreeing on the means and methods for accomplishing the purpose

Last Answer : d. Developing role clarification on projects

You need to convey some very complex, detailed information to the project stakeholders. What is the best method for communicating this kind of information? A. Verbal B. Vertical C. Horizontal D. Written

Description :  You need to convey some very complex, detailed information to the project  stakeholders. What is the best method for communicating this kind of information?  A. Verbal  B. Vertical  C. Horizontal  D. Written

Last Answer : D. Written

The project you are managing has nine stakeholders. How many channel of communications are there between these stakeholders? a. 9b. 8 c. 45 d. 36

Description : The project you are managing has nine stakeholders. How many channel of communications  are there between these stakeholders? a. 9 b. 8 c. 45 d. 36

Last Answer : 36

Who are project team members primarily accountable to? a. External stakeholders. b. The end users. c. The finance director. d. The project manager.

Description : Who are project team members primarily accountable to?  a. External stakeholders.  b. The end users.  c. The finance director.  d. The project manager.

Last Answer : d. The project manager.

Project reporting can best be defined as: a. informing stakeholders about the project. b. storing and archiving of project information.c. gathering stakeholder feedback. d. collecting project information.

Description : Project reporting can best be defined as:  a. informing stakeholders about the project.  b. storing and archiving of project information. c. gathering stakeholder feedback.  d. collecting project information.

Last Answer : a. informing stakeholders about the project

Which one of the following statements is true? a. Independent reviews and quality audits form part of quality assurance to ensure the project manager delivers on time and to budget. b. Quality assurance provides confidence to stakeholders that requirements for quality will be exceeded. c. Quality control verifies that the project deliverables conform to specification, are fit for purpose and meet stakeholder expectations. d. Quality planning enables the project manager to manage the trade-off between customer expectations and budget.

Description : Which one of the following statements is true?  a. Independent reviews and quality audits form part of quality assurance to ensure the project  manager delivers on time and to budget. ... planning enables the project manager to manage the trade-off between customer  expectations and budget.

Last Answer : c. Quality control verifies that the project deliverables conform to specification, are fit for  purpose and meet stakeholder expectations.

A communication management plan identifies the relevant information that should be communicated to: a. the project team. b. the project stakeholders. c. the project board.d. the project sponsor.

Description : A communication management plan identifies the relevant information that should be  communicated to:  a. the project team.  b. the project stakeholders.  c. the project board. d. the project sponsor.

Last Answer : b. the project stakeholders.

The PM distributed a document to the stakeholders, which described the software to be developed, the functionality, the users it would serve and the installation timeline. The document was an example of: 1. Product scope2. Project scope 3. A combination of project and product scope 4. It was not complete enough to be either a product or a project scope document

Description : The PM distributed a document to the stakeholders, which described the software to be  developed, the functionality, the users it would serve and the installation timeline. The document  was an example of: ... scope  4. It was not complete enough to be either a product or a project scope document

Last Answer : 4. It was not complete enough to be either a product or a project scope document

People participated in or affected by project activities are known as (A) staff (B) stakeholders (C) project team (D) project managers

Description : People participated in or affected by project activities are known as (A) staff (B) stakeholders (C) project team (D) project managers

Last Answer : (B) stakeholders

Which risk is connected to the circumstance outside the project that may influence the scope of work and the performance of the organization? A.Operational Risk B.Financial Risk C.Strategic Risk D.Contextual Risk

Description : Which risk is connected to the circumstance outside the project that may influence the  scope of work and the performance of the organization?  A.Operational Risk  B.Financial Risk  C.Strategic Risk  D.Contextual Risk

Last Answer : D.Contextual Risk

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.

Description : 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 ... that have more perceived rewards to the organization than the consequences of  the risk should be accepted.

Last Answer : C. Unknown risks are threats to the project objectives, and nothing can be done to  plan for them.

What is a project phase? A. A collection of logically related project activities that culminate in the completion of one or more deliverables (Ans.) B. A singular activity that completes a deliverable C. Consists of work that has very similar parts D. A consistent period of time that is used throughout a project

Description : What is a project phase? A. A collection of logically related project activities that culminate in the completion  of one or more deliverables (Ans.)  B. A singular activity that completes a ... that has very similar parts D. A consistent period of time that is used throughout a project

Last Answer : A. A collection of logically related project activities that culminate in the completion  of one or more deliverables (Ans.)

How does a project differ from an ongoing work effort? A. It is unique B. It involves more than one person C. It has a project manager D. It is not a repetitive process that follows an organization’s existing procedures (Ans.)

Description : How does a project differ from an ongoing work effort?  A. It is unique B. It involves more than one person C. It has a project manager D. It is not a repetitive process that follows an organization’s existing procedures  (Ans.)

Last Answer : D. It is not a repetitive process that follows an organization’s existing procedures  (Ans.)

Fill in the blank. There is _______ correlation between project complexity and project risk. Select one:a. an unknown b. a positive c. no d. a negative e. a general

Description : Fill in the blank. There is _______ correlation between project complexity  and project risk. Select one: a. an unknown b. a positive c. no d. a negative e. a general

Last Answer : b. a positive

Risk in project management is defined as A.An uncertain event that, if it occurs, has a positive effect on project objectives B.An uncertain event that, if it occurs, has a negative effect on project objectives C.An uncertain event that, if it occurs, has a positive or negative effect on project objectives D.An uncertain event that do not have any effect on project objectives

Description : Risk in project management is defined as  A.An uncertain event that, if it occurs, has a positive effect on project objectives  B.An uncertain event that, if it occurs, has a negative ... effect on project  objectives  D.An uncertain event that do not have any effect on project objectives

Last Answer : C.An uncertain event that, if it occurs, has a positive or negative effect on project  objectives

An uncertain event or condition that, if it occurs, has a positive or negative effect on a project objectives is termed. A. Random Chance B. Disaster C. Risk

Description : An uncertain event or condition that, if it occurs, has a positive or negative effect on a project objectives is termed. A. Random Chance B. Disaster C. Risk

Last Answer : C. Risk

Project crashing is the method for ------------- A. Shortening the project duration by reducing the time of one or more critical activities B.Adding resources at critical points C.Doing technical analysis of the finished work for review D.Adding duration to each activity

Description : Project crashing is the method for -------------  A. Shortening the project duration by reducing the time of one or more critical  activities  B.Adding resources at critical points  C.Doing technical analysis of the finished work for review  D.Adding duration to each activity

Last Answer : A. Shortening the project duration by reducing the time of one or more critical  activities

To identify the tasks for a work plan the project manager can _____. a. control and direct the project b. estimate the size, staff the project, and remember technical skills c. establish a possible reporting structure d. list the four phases of the SDLC and the steps that occur in each e. set conservative numbers for the project software

Description : To identify the tasks for a work plan the project manager can _____.  a. control and direct the project  b. estimate the size, staff the project, and remember technical skills  c. establish a ... of the SDLC and the steps that occur in each  e. set conservative numbers for the project software

Last Answer : d. list the four phases of the SDLC and the steps that occur in each

You are the project manager working on a research project for a new drug treatment. Your preliminary project schedule runs past the due date for a federal grant application. The manager of the R&D department has agreed to release two resources to work on your project in order to meet the federal grant application date. This is an example of _______________. A. Crashing B. fast tracking C. resource leveling D. adjusting the resource calendar

Description : You are the project manager working on a research project for a new drug treatment. Your preliminary project schedule runs past the due date for a federal grant application. The manager of the R&D ... .  A. Crashing B. fast tracking C. resource leveling D. adjusting the resource calendar

Last Answer : A. Crashing

Project management is the process of planning and controlling the development of a system within a specified time frame at a minimum cost with the right functionality. Ans: True

Description : Project management is the process of planning and controlling the development of a  system within a specified time frame at a minimum cost with the right functionality.  Ans: True

Last Answer : Ans: True

Which method is not included in seven Project Selection Methods? A. Financial Analysis B. Strategic Alignment C. Weighted Scoring Model D. Straight line Model (Ans.)

Description : Which method is not included in seven Project Selection Methods?  A. Financial Analysis B. Strategic Alignment C. Weighted Scoring Model D. Straight line Model (Ans.)

Last Answer : D. Straight line Model (Ans.)

How many PM knowledge areas are defined by Project Management Institute (PMI) A. Six B. Four C. Eight D. Ten (Ans.)

Description : How many PM knowledge areas are defined by Project Management Institute (PMI)  A. Six  B. Four  C. Eight  D. Ten (Ans.)

Last Answer : D. Ten (Ans.)

What are the 5 major processes of project management? A. Closing, Executing, Planning, Monitoring and Controlling, Initiating (Ans.) B. Starting, Closing, Managing, Planning, Executing C. Initiating, Finishing, Monitoring and Controlling, Executing, Planning D. Starting, Finishing, Executing, Managing, Closing

Description : What are the 5 major processes of project management?  A. Closing, Executing, Planning, Monitoring and Controlling, Initiating (Ans.)  B. Starting, Closing, Managing, Planning, ... Finishing, Monitoring and Controlling, Executing, Planning D. Starting, Finishing, Executing, Managing, Closing

Last Answer : A. Closing, Executing, Planning, Monitoring and Controlling, Initiating (Ans.)

What are the key components in the "Triple constraint Triangle"? A. Scope, Schedule, Cost, Project Manager B. Scope, Time, Cost, Project (Ans.)C. Time, Money, Scope, Project D. Project Manager, Time, Scope, Money

Description : What are the key components in the "Triple constraint Triangle"?  A. Scope, Schedule, Cost, Project Manager B. Scope, Time, Cost, Project (Ans.) C. Time, Money, Scope, Project D. Project Manager, Time, Scope, Money

Last Answer : B. Scope, Time, Cost, Project (Ans.)

The successful project managers spend most of their time: A. Planning with their personnel B. Planning with the top management C. Communication with the project team (Ans.) D. Studying project results

Description : The successful project managers spend most of their time:  A. Planning with their personnel  B. Planning with the top management  C. Communication with the project team (Ans.)  D. Studying project results

Last Answer : C. Communication with the project team (Ans.)

In which of the following stages are project objectives established, teams formed, and major responsibilities assigned? A. Conceptualizing B. Defining (Ans.) C. Planning D. Executing

Description : In which of the following stages are project objectives established, teams formed, and  major responsibilities assigned?  A. Conceptualizing  B. Defining (Ans.) C. Planning  D. Executing

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An Organizational Breakdown Structure (OBS) is used to identify: a. the reporting structure and current availability of all individuals in the project. b. technical ability and line of communication for all individuals in the project. c. lines of communication and responsibility for all the individual managers in the project. d. the reporting structure and lines of communication for all individuals in the projects.

Description : An Organizational Breakdown Structure (OBS) is used to identify: a. the reporting structure and current availability of all individuals in the project. b. technical ability and line of communication ... . d. the reporting structure and lines of communication for all individuals in the projects.

Last Answer : d. the reporting structure and lines of communication for all individuals in the projects.

The technical feasibility aspect of a project relates to the earning capacity of the project. (True/False)

Description : The technical feasibility aspect of a project relates to the earning capacity of the project.  (True/False)

Last Answer : Ans. False

Boehm suggests an approach that addresses project objectives, milestones and schedules, responsibilities, management and technical approaches and required resources, This principle is called as . a. W3HH principle b. WHO principle c. W5HH principle d. None of the above.

Description : Boehm suggests an approach that addresses project objectives,  milestones and schedules, responsibilities, management and  technical approaches and required resources, This principle is  called as . a. W3HH principle b. WHO principle c. W5HH principle d. None of the above.

Last Answer : c. W5HH principle