Foundations of Project Management | Week 3
Course Name: Foundation of Project Management
Course Link: Foundations of Project Management
These are Foundations of Project Management Week 3 Answers Coursera
Week 3 Quiz
Test your knowledge: Understanding the project life cycle
Q1. What are some potential consequences of rushing through the initiation phase of a project? Select all that apply.
- Impact to the timeline
- Impact to quality
- Impact to the budget
- Impact to previous projects
Answer: Impact to the timeline, Impact to quality, Impact to the budget
Q2. Imagine that a project manager has just begun working on a project for a trucking logistics company. The customer wants to see a proposal as soon as possible, but it is taking the project manager longer than expected because he needs more input from stakeholders and the project team. What should the project manager do to turn the project into a success?
- Research the cost and timeline for similar projects at other trucking logistics companies and share that information with the customer.
- Ask the customer for more time to consult with stakeholders and the project team to deliver an accurate cost and timeline proposal.
- Immediately provide the customer the most recent comparable cost and timeline estimate for the work.
- Tell the customer he will need four to six weeks to formulate a proposal.
Answer: Ask the customer for more time to consult with stakeholders and the project team to deliver an accurate cost and timeline proposal.
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Q3. What are the main phases of the project life cycle? Select all that apply.
- Initiate the project
- Make a plan
- Define project roles
- Execute and complete tasks
- Close the project
Answer: Initiate the project, Make a plan, Execute and complete tasks, Close the project
Q4. What are three benefits of closing a project? Select all that apply
- Remove any obstacles that come up
- Evaluate what worked and what didn’t work
- Share the team’s accomplishments with people outside the team
- Celebrate the team’s success
Answer: Evaluate what worked and what didn’t work, Share the team’s accomplishments with people outside the team, Celebrate the team’s success
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Test your knowledge: Analyzing the different project phases
Q1. What is the project manager’s primary job in phase three (execute and complete tasks) of the project life cycle?
- Monitor the project team as they complete tasks and break down any barriers
- Document lessons the team learned during the project
- Step in to complete tasks when the team falls behind
- Build out the project schedule to properly manage resources, budget, and timeline
Answer: Monitor the project team as they complete tasks and break down any barriers
Q2. Phase two of the project life cycle (make a plan) includes which two of the following tasks?
- Break down any barriers that would slow or stop the team from completing tasks
- Set the project schedule
- Determine the purpose and mission of the project
- Identify milestones and tasks
Answer: Set the project schedule, Identify milestones and tasks
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Q3. During which phase of the project life cycle does a project manager hand off all remaining deliverables?
- Close the project
- Make a plan
- Initiate the project
- Execute and complete tasks
Answer: Close the project
Q4. Imagine a project manager oversees their company’s transition to a new financial management system. They determine that the project goal is to make the financial portal easier for employees to use. They also identify key stakeholders and outline project objectives. During which phase of the project life cycle do these activities take place?
- Make a plan
- Execute and complete tasks
- Initiate the project
- Close the project
Answer: Initiate the project
These are Foundations of Project Management Week 3 Answers Coursera
Module 3 Challenge
Q1. Which of the following are phases of the project life cycle? Select all that apply.
- Improve and control
- Initiate the project
- Close the project
- Execute and complete tasks
Answer: Initiate the project, Close the project, Execute and complete tasks
Q2. What phase of the project management life cycle involves keeping the team motivated and ensuring they complete tasks on time?
- Plan the project
- Initiate the project
- Close the project
- Execute the project
Answer: Execute the project
These are Foundations of Project Management Week 3 Answers Coursera
Q3. What project management methodology requires the team to complete the previous phase before the next phase starts?
- Flexible methodology
- Iterative methodology
- Linear methodology
- Agile methodology
Answer: Linear methodology
Q4. You manage a team that is building a new application. The client has a set of features they want in the app, but they do not have a specific design in mind. What is the best project management methodology to use for this project?
- Agile methodology
- Waterfall methodology
- Improving methodology
- Lean Six Sigma methodology
Answer: Agile methodology
These are Foundations of Project Management Week 3 Answers Coursera
Q5. The Lean Six Sigma approach includes which of the following phases?
- Measure, define, apply, improve, control
- Define, measure, analyze, improve, control
- Impact, measure, define, control, analyze
- Connect, control, impact, apply, analyze
Answer: Define, measure, analyze, improve, control
Q6. A project manager completes a report to communicate final results with the project’s stakeholders. At what stage of the project would this event take place?
- Closing
- Execution
- Initiation
- Planning
Answer: Closing
These are Foundations of Project Management Week 3 Answers Coursera
Q7. As a project manager, you have gotten approval from your leadership team and planned the project from start to finish. What is the next step in the project phase?
- Initiate the project
- Make a plan
- Execute the project
- Close the project
Answer: Execute the project
Q8. Which project management approach uses the 5S quality tool, the DMAIC process, and Kanban boards?
- Scrum
- Lean Six Sigma
- Agile
- Waterfall
Answer: Lean Six Sigma
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Q9. A project manager creates a timeline and defines all tasks that the team needs to complete. What phase of the project life cycle are they implementing?
- Close the project
- Making a plan
- Execute and complete tasks
- Initiate the project
Answer: Making a plan
Q10. Why should project managers always make a plan (phase two) before executing and completing tasks (phase three)?
- Because executing and completing tasks 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 executing and completing tasks
- Because executing and completing tasks is crucial to understanding scope, cost, and timeline
- Because creating a budget, setting a schedule, and determining roles and responsibilities is crucial to developing the project charter
Answer: Because creating a budget, setting a schedule, and determining roles and responsibilities is crucial to executing and completing tasks
These are Foundations of Project Management Week 3 Answers Coursera
Q11. Choose the best definition for a project management methodology.
- A project management methodology is a set of guiding principles and processes for owning a project through its life cycle.
- A project management methodology is a set of guiding tasks and measurements for owning a project through its life cycle.
- A project management methodology is a set of guiding ethical values for operating a project through its life cycle.
- A project management methodology is a set of guiding laws and measures for owning a project through its life cycle.
Answer: A project management methodology is a set of guiding principles and processes for owning a project through its life cycle.
Q12. Which answer best describes the Agile project management methodology?
- Created in the seventies, the Agile methodology refers to the sequential ordering of phases, including initiating, planning, executing, and closing.
- Created in the eighties, the Agile methodology refers to being able to move quickly and easily through a project by combining and eliminating tasks.
- Created in the nineties, the Agile methodology refers to being able to move quickly and easily through a project by working on many tasks at once.
- Created in the eighties, the Agile methodology refers to the sequential ordering of phases, including defining, measuring, analyzing, improving, and controlling.
Answer: Created in the nineties, the Agile methodology refers to being able to move quickly and easily through a project by working on many tasks at once.
These are Foundations of Project Management Week 3 Answers Coursera
Q13. What project management strategy involves adjusting to changes as they emerge and working with regular client feedback to deliver the best value as quickly as possible?
- Agile methodology
- DMAIC methodology
- Waterfall methodology
- Lean Six Sigma methodology
Answer: Agile methodology
Q14. 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?
- Sequential methodology
- Linear methodology
- Lean Six Sigma methodology
- Waterfall methodology
Answer: Lean Six Sigma methodology
These are Foundations of Project Management Week 3 Answers Coursera
Q15. Which of the following are project manager responsibilities during the initiation phase? Select all that apply.
- Get project approval
- Define project goals
- Determine resources needed
- Set the schedule
Answer: Get project approval, Define project goals, Determine resources needed
Q16. In which project plan phase does the project manager celebrate successes and release the team to support other projects within the company?
- Close the project
- Execute the project
- Make a plan
- Initiate the project
Answer: Close the project
These are Foundations of Project Management Week 3 Answers Coursera
Q17. Which project management tool involves sticky notes or note cards to represent the team’s tasks with categories like “To do”, “In progress”, and “Done”?
- Lean
- Waterfall
- Kanban
- Agile
Answer: Kanban
These are Foundations of Project Management Week 3 Answers Coursera
Q18. A project manager evaluates how the project went and celebrates the team’s hard work. What phase of the project life cycle are they implementing?
- Execute and complete tasks
- Close the project
- Improve and control
- Initiate the project
Answer: Close the project
These are Foundations of Project Management Week 3 Answers Coursera
Q19. Why is it important to initiate a project (phase one) before making a plan (phase two)?
- Because understanding 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 is crucial to understanding scope, cost, and timeline
- Because establishing your team is crucial to have in place before understanding scope, cost, and timeline
Answer: Because understanding scope, cost, and timeline is crucial to creating a budget, setting a schedule, and determining roles and responsibilities
These are Foundations of Project Management Week 3 Answers Coursera
Q20. What project management methodology would work best for building a house?
- Agile methodology
- Linear methodology
- Iterative methodology
- Flexible methodology
Answer: Linear methodology
These are Foundations of Project Management Week 3 Answers Coursera
Q21. What is the main advantage of the Agile approach over the Waterfall methodology?
- Agile takes a flexible approach, letting teams make adjustments as they go.
- Agile allows the project manager to make centralized decisions and assign tasks.
- Agile has clearly defined expectations and helps teams avoid expensive changes to a project once it has started.
- Agile focuses on reducing waste within an operation.
Answer: Agile takes a flexible approach, letting teams make adjustments as they go.
These are Foundations of Project Management Week 3 Answers Coursera
Q22. Fill in the blank: Before moving into the planning phase, a project manager needs to receive ________ from the decision maker(s).
- a project schedule
- resources
- budgetary funds
- project approval
Answer: project approval
These are Foundations of Project Management Week 3 Answers Coursera
Q23. Which of the following are project manager responsibilities during the closing phase? Select all that apply.
- Reflect on lessons learned
- Complete the project proposal
- Ensure all tasks are complete
- Confirm acceptance of the project outcome
Answer: Reflect on lessons learned, Ensure all tasks are complete, Confirm acceptance of the project outcome
These are Foundations of Project Management Week 3 Answers Coursera
Q24. Which project methodology involves reducing variations by ensuring that quality processes are followed every time?
- Scrum
- Six Sigma
- Waterfall
- Agile
Answer: Six Sigma
These are Foundations of Project Management Week 3 Answers Coursera
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