Project Execution: Running the Project Quiz Answers – Weekly Challenge 1

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Project Execution: Running the Project Quiz Answers

Test your knowledge: Project tracking

Q1. How does tracking and measuring progress benefit a project? Select all that apply.

  • Helps team members and stakeholders stay on top of deadlines and goals
  • Disregards new risks so the team can focus on current tasks
  • Makes project information transparent
  • Builds confidence that the project will finish on time, in scope, and within budget

Q2. Which items should you track throughout the project execution phase? Select all that apply.

  • Individual team members’ schedules
  • Key decisions and changes to the project
  • Project costs
  • Progress toward milestones

Q3. Which of the following are tools for tracking project progress? Select all that apply.

  • Burndown charts
  • Gantt charts
  • RACI charts
  • Roadmaps

Q4. Which of the following are common components of a project status report? Select all that apply.

  • Summary
  • Milestones and tasks
  • Issues
  • Roles and responsibilities
  • Costs
  • Status

Test your knowledge: Dependencies

Q1. Imagine that a restaurant supplier has been asked to develop a new dessert for their client, a popular restaurant chain. Even though they are not contractually required to do so, the project team from the restaurant supplier decides to get the client to approve the recipe for the dessert before beginning development on it. From the restaurant supplier’s perspective, what two dependencies does this scenario demonstrate?

  • Mandatory dependency
  • Internal dependency
  • Discretionary dependency
  • External dependency

Q2. What steps help project managers manage dependencies? Select all that apply.

  • Compare dependencies with competitors
  • Proper identification
  • Efficient communication
  • Continuous monitoring and control
  • Record dependencies
  • Group dependencies by cost

Q3. Imagine you are a project manager working on a large campaign for a public relations (PR) firm. One of the designers you have contracted with has pulled out of the project at the last minute, requiring your in-house design team to take on more work while you search for a replacement. What type of project change does this represent?

  • Force majeure
  • Changing priorities
  • Capacity and people available
  • Budget or resource limitation
  • Scope creep
  • New or changing dependencies

Q4. You and your stakeholders will use change request forms to stay on top of and manage changes. What information should be included in these forms? Select all that apply.

  • The expected outcome of the discussion
  • Similar changes on past projects
  • An in-depth proposal for the necessary changes
  • Background information
  • A short description of the current situation

Weekly challenge 1

Q1. Imagine you are managing a project that hits a major milestone early, putting the team ahead of schedule. This alters the project plan’s original course of action. What is the name for this type of event?

  • A reset
  • A risk
  • An issue
  • A deviation

Q2. Which five items should you track throughout the project execution phase?

  • Project costs
  • Project goals
  • Key tasks and activities
  • Action items
  • Project schedule
  • Progress toward milestone

Q3. Which tool provides an overview of a project’s common elements, summarizes them as a snapshot, and communicates project status to the team and stakeholders in a centralized place?

  • Burndown chart
  • Roadmap
  • Gantt chart
  • Project status report

Q4. How does a roadmap differ from a Gantt chart?

  • A roadmap measures time against the amount of work completed and remaining; a Gantt chart is useful for large projects with many dependencies
  • A roadmap tracks big milestones and includes a high-level project overview; a Gantt chart is useful for large projects with many dependencies
  • A roadmap is useful for large projects with many dependencies; a Gantt chart measures time against the amount of work completed and remaining
  • A roadmap is useful for large projects with many dependencies; a Gantt chart tracks big milestones and includes a high-level project overview

Q5. Imagine that a client wants to add an auction of donated items to a fundraising event. The project manager is currently executing the project for a dinner and short concert. Which of the triple constraints does this change impact the most?

  • Timeline
  • Budget
  • Scope

Q6. How does a change request form differ from an escalation email?

  • Change request forms help teams manage proposed changes; escalation emails enlist leadership to remove obstacles, reinforce priorities, and validate next steps
  • Change request forms help teams remove obstacles, reinforce priorities, and validate next steps; escalation emails enlist leadership to manage proposed changes
  • Change request forms enlist leadership to remove obstacles, reinforce priorities, and validate next steps; escalation emails help teams manage proposed changes
  • Change request forms enlist leadership to manage proposed changes; escalation emails help teams remove obstacles, reinforce priorities, and validate next steps

Q7. Which of the following steps are part of dependency management? Select all that apply.

  • Continuous monitoring and control
  • Recording dependencies
  • Efficient communication
  • Eliminating dependencies

Q8. What tool can project managers use to calculate risk exposure and prioritize risks using high, medium, and low rankings?

  • ROAM technique
  • Probability and impact matrix
  • Mitigation plan
  • Risk register

Q9. Under what conditions should you send an escalation email? Select all that apply.

  • A project team member identifies a potential risk that may have an impact in several months.
  • Key stakeholders need to sign off on a final decision.
  • A problem inconveniences the core project team, but they resolve it themselves.
  • A problem leads to major changes in budget or timeline.

Q10. How can escalation benefit a project? Select all that apply.

  • Provides checks and balances
  • Speeds up decision-making
  • Makes external dependencies trackable
  • Encourages team participation

Q11. As a project manager, you’re implementing the ROAM technique for a new risk. You assign the risk to a team member so they can resolve it and monitor it to completion. Which ROAM action did you take?

  • Resolved
  • Owned
  • Accepted
  • Mitigated

Project Execution: Running the Project All weekly Challenges

Project Execution: Running the Project Quiz Answers | Weekly Challenge 1 >>

Project Execution: Running the Project Quiz Answers | Weekly Challenge 2 >>

Project Execution: Running the Project Quiz Answers | Weekly Challenge 3,4,5,6 >>

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