In: Operations Management
Complete the following sentence - A project issue is anything that could have an …… effect on the project | |
A | Beneficial |
B | Detrimental |
C | Either detrimental or beneficial |
D | Adverse |
Which of the following activities is not a key point in the management of risk flow? | |
A | Authorize the Project |
B | Updating the Business Case |
C | Plan the next Stage |
D | Capture and examine issues and Risks |
Which of the following processes should cover the first aspect of project quality planning? | |
A | Directing a Project |
B | Initiating a Project |
C | Starting up a Project |
D | Closing a Project |
Which of the following should not be part of the Project Plan? | |
A | The resources and time needed for all relevant activities (including project management and control) and any need for people with specific skills |
B | When activities will occur |
C | Agreed tolerances |
D | Risk Register |
Answer of question 1 - (B) Detrimental
Explanation :
( Project issue is a event or the condition who give negative consequences in the project.Because of the poor quality, change management,design issue or technical issues.A project issue can Detrimental effect on the project )
Answer of question 2 - (C) Plan the next Stage
Explanation :
(Because according to the key point in the management of risk flow the Program can include the Process, integration, culture and the infrastructure.wher you Authorize the Project by identifying the risk and then Updating the Business Case by sourcing the risk and lastly Capture and examine issues and Risks.In the management of risk flow we can't plan the next stage)
Answer of question 3 - (B) Initiating the Project
Explanation :
( The five phase of Project quality planning are Initiating the project , project planning, project execution , Project monitoring and the project closing.Inthe first phase we initiate and identify the project quality and plan the project)
Answer of question 4 - (B) When activities will occur
Explanation :
( Because In the Project Plan include the resources and the time for the relevant times, risk register tool is used to risk management and used to identify the potential risk also Project Plan include the tolerances are specified in the project plan, and they are typically between -10% (negative tolerance) and +10% (positive tolerance).