Project Initiation: Starting a Successful Project Week 2 Quiz Answers

Project Initiation: Starting a Successful Project

Week 2 Quiz Answers

Weekly Challenge 2

Question 1

As a project manager, you’re using the SMART criteria to craft goals for your team. During the process, you create goals that are a little challenging, but also encourage growth. In this instance, which SMART criteria are you using?

Measurable
Time-bound
Relevant
Attainable
Specific

Question 2)

Which of the following scenarios best represents a project that is going out-of-scope?

The manufacturer of one of the project deliverables just lost power after a large storm. They don’t expect to be in production for one week, delaying the project timeline.

During the project weekly meeting, the project manager learns the main vendor will increase the cost of raw materials by 20% due to an international shortage.

During the project weekly meeting, the project sponsor adds a new deliverable requirement that costs $10,000 USD. This addition surpasses the budget by $5,000 USD.

The deliverable to present your project's pre-launch event at a three-day, in-person conference is now an online conference. The switch reduces the costs associated with event space, travel, and people resource time.

Question 3)

Consider the following scenario:

A new company project isn’t going well. The company hires outside evaluators to review the project. The evaluators tell the company that its plan has too many delays and that the company won’t be able to complete the project on time. They also identify one issue causing a delay is the company and the investors (stakeholders) have different expectations of what the completed project should be.

What step could the company have taken to avoid scope creep?

Make the investors adopt the company’s project expectations.
Have stakeholder involvement before the project begins.
Hire a different organization to review the project.
Require more detailed bids from the evaluators in writing.

Question 4)

Fill in the blank: The goal of a project helps to determine the _____.

culture
presentation
deliverables
stakeholders

Question 5)

Once a team launches a project, there’s still work to be done. Which of the following scenarios would occur in the landing phase? Select all that apply.

Decide how to deliver an organization-wide announcement and campaign for the project.

Gather the project team to discuss what they learned during the project and how to improve the process.

Work with stakeholders on the prioritization and documentation before building a new product.

Check that forms and processes are collecting the necessary data to evaluate project success.

Question 6)

Consider the following scenario: The Director of Product requests that the project manager do what they can to finish the project early. However, the Director also states that they cannot spend any additional funds.

Using the triple constraint model, what trade-off could the project manager use to meet the Director of Product’s request?

Change the project goal
Change the budget
Change the team
Change the project scope

Question 7)

Which of the following indicate whether a project manager accomplishes what they set out to do?

Accuracy standard
Success criteria
Deviation criteria
Launch standard

Question 8)

What’s a main difference between the adoption and engagement metrics?

Adoption is generally a one-time occurrence. Engagement is ongoing.
Adoption requires more expensive tools. Engagement requires less expensive tools.
Adoption is an external metric. Engagement is an internal metric.
Adoption replaces a business metric. Engagement compliments other business metrics.

Question 9)

How will you quantify if you’re landing a project at its intended goal?

Ask the clients if they’re happy with the result
Send out feedback surveys to team members
Check if the project meets the initial success criteria
Solicit stakeholders for their opinions

Question 10)

Suppose as a project manager you receive a request from a team member to change a process they believe will make their work more efficient. However, you know that the change may increase the workload for other team members and extend the project’s completion date. How do you best address this potential internal scope creep?

Remind the team that any process changes will change project scope and may create unknown risks for the project.

Request from stakeholders an additional team member to take on the additional work.

Ask the team member who requested the change to take on the additional work from affected team members.

Try it out as a test because the team member making the request has seniority.

Question 11)

Fill in the blank: Objectives and Key Results (OKRs) combine both a goal and a _______ to determine a measurable outcome.

metric
consensus
vision
budget

------------------------------------------------------------------------------------------------------------