Because executing and completing tasks is crucial to understanding scope, cost, and timeline Show
Because creating a budget, setting a schedule, and determining roles and responsibilities is crucial to developing the project charter Because creating a budget, setting a schedule, and determining roles and responsibilities is crucial to executing and completing tasks ✓ Because executing and completing tasks is crucial to creating a budget, setting a schedule, and determining roles and responsibilities Correct Because determining scope, cost, and timeline is crucial to creating a budget, setting a schedule, and determining roles and responsibilities ✓ Because creating a budget, setting a schedule, and determining roles and responsibilities is crucial to understanding scope, cost, and timeline Because executing and completing tasks successfully is crucial to creating a budget, setting a schedule, and determining roles and responsibilities Because establishing your team is crucial to have in place before understanding scope, cost, and timeline  1) What are the phases of the project life cycle? Ans: Initiate the project, make a plan, execute and complete tasks, close the project 2) Which project management methodology is organized in sequential phases (including initiating, planning, executing, and closing)? Ans: Waterfall methodology 3) The Lean Six Sigma approach includes which of the following phases? Ans: Define, measure, analyze, improve, control 4) Which of the following are phases of the project life cycle? Select all that apply. Ans: Initiate the project, Close the project, Execute and complete tasks 5) Why should project managers always make a plan (phase two) before executing and completing tasks (phase three)? Ans: Because creating a budget, setting a schedule, and determining roles and responsibilities is crucial to executing and completing tasks 6) As a project manager, your team is creating a product that will require flexibility—changes are likely to occur. Also, tasks will overlap or happen at the same time as other tasks. Which project management methodology is the best for your project? Ans: Iterative methodology 7) Why is it important to initiate a project (phase one) before making a plan (phase two)? Ans: Because understanding scope, cost, and timeline is crucial to creating a budget, setting a schedule, and determining roles and responsibilities 8) What is the main advantage of the Waterfall methodology over the Agile approach? Ans: Waterfall has clearly defined expectations and helps teams avoid expensive changes to a project once it has started. 9) As a project manager, your team is improving one of your client’s current sales conversion processes. This is a complex project with many steps. It’s also high-risk. One missed step could cost your client significant potential revenue. Which project management methodology is best for this project? Ans: Lean Six Sigma methodology 10) As a project manager, your team is launching a new product. Each step to launch the product includes clearly defined tasks. A task won’t begin until another task ends. Also, once the project starts, any changes to the product will be expensive. Which project management methodology is best for this project? Ans: Waterfall methodology 11) Which term refers to the process of initiating a project, making a plan, executing and completing tasks, and closing a project? Ans: Project life cycle 12) Why is it important to initiate a project (phase one) before making a plan (phase two)? Ans: Because understanding scope, cost, and timeline is crucial to creating a budget, setting a schedule, and determining roles and responsibilities 13) Choose the best definition for a project management methodology. Ans: A project management methodology is a set of guiding principles and processes for owning a project through its life cycle. 14) Which project management approach includes the following phases: define, measure, analyze, improve, control. Ans: Lean Six Sigma methodology 15) Why should project managers always initiate a project (phase one) before making a plan (phase two)? Ans: Because determining scope, cost, and timeline is crucial to creating a budget, setting a schedule, and determining roles and responsibilities 16) What is the main advantage of the Agile approach over the Waterfall methodology? Ans: Agile takes a flexible approach, letting teams make adjustments as they go. Why is the planning phase important?Planning is needed to identify desired goals, reduce risks, avoid missed deadlines, and ultimately deliver the agreed product, service or result. Without careful planning, project performance is almost certainly guaranteed to suffer.
Why do we need to plan before doing a project?Project planning provides structure and foresight for the execution stage, helping to eliminate wasteful activities and patterns. This is why companies that stick to solid project management practices waste a lot less money than companies that don't — an impressive 28 times less, in fact.
What is the role of the project manager in the planning phase?In the Planning Phase, the Project Manager works with the project team to create the technical design, task list, resource plan, communications plan, budget, and initial schedule for the project, and establishes the roles and responsibilities of the project team and its stakeholders.
Which of the following are phases of the project life cycle select all that apply 1 point execute and complete tasks initiate the project improve and control close the project?There are 5 phases to the project life cycle (also called the 5 process groups)—initiating, planning, executing, monitoring/controlling, and closing.
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Why should project managers always make a plan Phase 2 before executing and completing tasks Phase 3?
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