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IFSM300 Q7 EXAM QUESTIONS AND ANSWERS A+ GRADED
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IFSM300 Q7 EXAM QUESTIONS AND ANSWERS A+ GRADED
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IFSM300 Q7 EXAM QUESTIONS ANDANSWERS A+ GRADED
Which of the following explains why a structured project management
approach is important in project management? - -It minimizes scope creep
- Match the definition with the appropriate term. - -Project Scope:
description of work to be completed for the project.
Project Deliverable: actual products to be delivered as a result of the project.
Project Milestones: specific dates by which critical aspects of the project
must be completed.
Project Contingency: risk management strategy to plan for unattended
issues during a project.
- A project plan should be... - --developed with contributions from the
project team members.
-presented in clear, commonly understood items.
-communicated to all stakeholders.
- SMART criteria for a project include objectives that are: - -Specific,
measurable, agreed upon, realistic, and time-framed
- Which of the following are correct statements related to project initiation? -
--viability of the project is assessed via a feasibility study
-a business case identifying the need is presented to senior management.
- T/F: A project plan outlines very basic activities for a project. - -False
- The following are the three variables often referred to as Triple Constraints
of project management. - -Scope, time, cost
- T/F: During a project, no trade-offs may be made to accommodate
changes. - -False
- Which of the following are the three main variables to be balanced in
project management? - -Time, cost, and scope
- The term project scope refers to which of the following? - -Work required
to complete the project
- T/F: Change management is an unstructured process to reduce the impact
of changes to a project. - -False
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