Project Management Progression - Qp4

Reviewed by Editorial Team
The ProProfs editorial team is comprised of experienced subject matter experts. They've collectively created over 10,000 quizzes and lessons, serving over 100 million users. Our team includes in-house content moderators and subject matter experts, as well as a global network of rigorously trained contributors. All adhere to our comprehensive editorial guidelines, ensuring the delivery of high-quality content.
Learn about Our Editorial Process
| By Jackson Matthews
J
Jackson Matthews
Community Contributor
Quizzes Created: 588 | Total Attempts: 709,671
| Attempts: 203
Quiz Flashcard
SettingsSettings
Please wait...
  • 1/12 Questions

    Project quality and risk are important aspects of the project for the project manager to control.

    • True
    • False
Please wait...
About This Quiz

Revision is something that all students need to do on a regular otherwise if they wish to pass the project management class this fall. The quiz below is the fourth in a series of test on project management progression. Give it a try and see just how ready you are to tackle the upcoming exam this fall. All the best!

Project Management Progression - Qp4 - Quiz

Quiz Preview

  • 2. 

    There are a number of activities and techniques you can use to identify project risks.

    • True

    • False

    Correct Answer
    A. True
    Explanation
    The statement is true because there are indeed various activities and techniques that can be employed to identify project risks. These may include brainstorming sessions, conducting risk assessments, analyzing historical data, consulting experts, and using tools such as risk registers or checklists. By actively engaging in these activities, project managers can proactively identify potential risks and take appropriate measures to mitigate or manage them effectively.

    Rate this question:

  • 3. 

    As new risks are identified, project plans may need to be updated and changed, action may need to be taken in response to risks and risk registers and contingency plans may need to be updated.

    • True

    • False

    Correct Answer
    A. True
    Explanation
    This statement is true because as new risks are identified, it is necessary to update project plans to incorporate strategies to mitigate those risks. Additionally, action needs to be taken in response to risks that have materialized in order to minimize their impact on the project. Lastly, risk registers and contingency plans need to be updated to reflect any changes in the risk landscape. All of these actions are essential for effective risk management and ensuring project success.

    Rate this question:

  • 4. 

    ______ is a technique where a number of people come together and generate suggestions for something.

    • Past projects

    • Outside information

    • Project documentation

    • Brainstorming

    • Interviews

    Correct Answer
    A. Brainstorming
    Explanation
    Brainstorming is a technique where a number of people come together and generate suggestions for something. This technique encourages creativity and free-flowing ideas by allowing individuals to express their thoughts and suggestions without judgment or criticism. It is commonly used in group settings to generate new ideas, solve problems, or make decisions. During a brainstorming session, participants are encouraged to think outside the box and build upon each other's ideas, ultimately leading to innovative and diverse solutions.

    Rate this question:

  • 5. 

    Quality is usually defined as ‘fitness for purpose’ and in normal business terms, this means it meet the needs of the customer.

    • True

    • False

    Correct Answer
    A. True
    Explanation
    Quality is often measured by its ability to meet the needs and expectations of the customer. This means that a product or service is considered of high quality if it fulfills its intended purpose effectively and efficiently. Therefore, the statement "Quality is usually defined as 'fitness for purpose' and in normal business terms, this means it meets the needs of the customer" is true.

    Rate this question:

  • 6. 

    Risk management is a once-off process.

    • True

    • False

    Correct Answer
    A. False
    Explanation
    The statement "Risk management is a once-off process" is incorrect. Risk management is an ongoing and continuous process that involves identifying, assessing, and mitigating risks in order to minimize their impact on an organization or project. It requires regular monitoring and updating to adapt to changing circumstances and new risks that may arise. Therefore, the correct answer is False.

    Rate this question:

  • 7. 

    ______ is the monitoring of project outputs to check that they have met the quality required.

    • Quality planning

    • Quality assurance

    • Quality control

    Correct Answer
    A. Quality control
    Explanation
    Quality control is the process of monitoring project outputs to ensure that they meet the required quality standards. It involves conducting inspections, tests, and measurements to identify any defects or deviations from the desired quality. Quality control aims to identify and rectify any issues before the final product or service is delivered to the customer. It is an essential part of project management to ensure that the project meets the specified quality criteria and satisfies the customer's expectations.

    Rate this question:

  • 8. 

    As a general rule in relation to risk, you need to:  (Select four)

    • Make sure that risk management is part of the project and that everyone related to the project understands the importance of risk management.

    • Identify as many risks as you can and identify them as early as you can in the project.

    • The chances are, you will be able to identify every risk.

    • Talk to people about risk.

    • Make sure that you report on risks too.

    Correct Answer(s)
    A. Make sure that risk management is part of the project and that everyone related to the project understands the importance of risk management.
    A. Identify as many risks as you can and identify them as early as you can in the project.
    A. Talk to people about risk.
    A. Make sure that you report on risks too.
    Explanation
    The explanation for the given correct answer is that in order to effectively manage risk, it is important to ensure that risk management is integrated into the project and that all individuals involved in the project understand the significance of risk management. Additionally, it is crucial to identify as many risks as possible and identify them early on in the project to mitigate potential negative impacts. Engaging in open communication with stakeholders about risk and regularly reporting on risks are also important aspects of effective risk management.

    Rate this question:

  • 9. 

    _____ usually this will involve a change to the project so that the risk is eliminated.

    • Avoiding risks

    • Transferring the risks

    • Reducing the risks

    • Accepting the risks

    Correct Answer
    A. Avoiding risks
    Explanation
    Avoiding risks typically involves making changes to the project in order to eliminate or minimize the potential risks. This can include altering project plans, processes, or resources to avoid situations that may lead to risks. By avoiding risks, the project team aims to prevent any negative impact that these risks may have on the project's success.

    Rate this question:

Quiz Review Timeline (Updated): Mar 19, 2023 +

Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.

  • Current Version
  • Mar 19, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • Jul 08, 2014
    Quiz Created by
    Jackson Matthews
Back to Top Back to top
Advertisement
×

Wait!
Here's an interesting quiz for you.

We have other quizzes matching your interest.