Project Initiation: Starting a Successful Project Week 3 Quiz Answers

Project Initiation: Starting a Successful Project

Week 3 Quiz Answers

Weekly Challenge 3

Question 1

Which of the following responsibilities typically belong to the project manager? Select all that apply.

Develop the project management plan
Direct project work and report on progress to stakeholders
Control change and monitor project quality
Sign off on the budget

Question 2)

Which three of the following responsibilities can belong to the project sponsor?

Plan and organize the project.
Fund the project.
Ensure that the project delivers the agreed upon value to the business.
Play a key leadership role throughout the project.

Question 3)

Which stakeholders are indirectly impacted by a project’s success?

Secondary stakeholders
Key players
Minor players
Primary stakeholders

Question 4)

Who uses technical and interpersonal skills to carry out day-to-day project tasks?

Project manager
Project team members
Secondary stakeholders
Project sponsor

Question 5)

What is the purpose of a stakeholder analysis?

Meet with stakeholders to make major project decisions
Talk to stakeholders and learn about their interests
Identify stakeholders and determine their involvement in a project
Determine which stakeholders to exclude from a project

Question 6)

Which of the following activities are steps in a stakeholder analysis? Select all that apply.

Assess each stakeholder’s level of interest and influence
List the stakeholders impacted by the project
Assess each stakeholder’s reputation and level of experience
Determine which stakeholders should be excluded from the project

Question 7)

Which of the following statements are true of RACI charts? Select all that apply.

Define project roles and responsibilities to ensure efficiency
Assess each stakeholder’s ability to participate and build necessary partnerships
Determine which stakeholders are responsible for which tasks
Record the level of risk stakeholders bring to the project

Question 8)

Which of the following is true of someone who is accountable in a RACI chart?

Gives feedback according to their subject matter expertise
Ensures the work gets completed
Carries out the work to complete the tasks
Learns about tasks when they are complete

Question 9)

As a project manager, you make considerations when building a team. You decide how many people should be on the team, if they have the time to work on the project, and if they have a personal incentive to work on the project. What else should you consider when building a team?

Degree of stakeholder engagement
Likelihood of project success
Necessary skills for the project
Team member communication preferences

Question 10)

As a project manager, you’re prioritizing stakeholders with a power grid. One stakeholder has high power and low interest. What level of engagement should the team have with the stakeholder?

Meet their needs
Monitor
Manage closely
Show consideration

Extra:

Weekly Challenge 3

Question 1)

Who is responsible for overseeing the scope, schedule, budget, and quality of a project?

Product lead
Project manager
Project sponsor
Primary stakeholders

Question 2)

Which of the following people are likely to be primary stakeholders in a project? Select all that apply.

The project sponsor
The project team
The project client
Business competitors

Question 3)

Fill in the blank: Stakeholder analysis is the process of identifying stakeholders and grouping them by _____.

seniority and experience
talents and skills
interest and influence
availability and participation

Question 6)

What is the first step in a stakeholder analysis?

Assess each stakeholder’s ability to participate and find ways to involve them
Determine each stakeholder’s level of interest
Determine each stakeholder’s level of influence
List the stakeholders impacted by the project

Question 7)

What is the main benefit of making a RACI chart?

Determines which stakeholders should fill which roles during a project
Helps set SMART goals
Assesses each stakeholder’s ability to participate and build necessary partnerships
Illustrates all of the potential risks and opportunities for success

Question 8)

In what two ways do RACI charts help project managers communicate effectively with stakeholders?

Map out each person’s roles and responsibilities
Reveal which stakeholders have the greatest interest in the project
Eliminate confusion and overlapping work at the task level
Reduce the number of people who need to communicate

Question 10)

As a project manager, you’re prioritizing stakeholders with a power grid. One stakeholder has low power and high interest. What level of engagement should the team have with the stakeholder?