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Step Wise Project Planning

Planning is the most difficult process in project management. The framework described is called the Stepwise method to help to distinguis...

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Project Initiation: Starting a Successful Project Weekly Challenge 3



1. Which of the following responsibilities does project management include? 

Ensure that the business meets its overall objectives
Sign off on budget and resources
Apply technical expertise to execute the project’s day-to-day tasks
Oversee the scope, schedule, budget, and quality of a project


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

Ensure that the project delivers the agreed upon value to the business.

Play a key leadership role throughout the project.

Plan and organize the project.

Fund the project.


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

Key players

Minor players

Secondary stakeholders

Primary stakeholders


4. Which of the following are typical responsibilities of project team members? Select all that apply.

Provide technical expertise

Take on multiple project tasks

Initiate the project

Carry out day-to-day project tasks


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

talents and skills

seniority and experience

interest and influence

availability and participation


6. How does stakeholder analysis benefit a project? Select all that apply.

Helps the project team avoid surprises

Builds partnerships necessary for project success

Lowers project costs

Gets the right people involved at the right time


7. What is the main benefit of making a RACI chart?

Assesses each stakeholder’s ability to participate and build necessary partnerships

Helps set SMART goals

Illustrates all of the potential risks and opportunities for success

Determines which stakeholders should fill which roles during a project


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

Learns about tasks when they are complete

Carries out the work to complete the tasks

Ensures the work gets completed

Gives feedback according to their subject matter expertise


9. As a project manager, you make considerations when building a team. You decide how many people need to be on the team, what expertise each member will need to complete their tasks, 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

Team member availability

Whether the project has a strong business case

Team member communication preferences


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

Meet their needs

Manage closely

Show consideration

Monitor

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