Who is responsible for managing the project scope?
The Project Manager
What are the 5 process groups in project management?
Initiating, Planning, Executing, Monitoring & Controlling, Closing
What does "WBS" stand for?
Work Breakdown Structure
Name one project scheduling tool.
MS Project, Asana, or Google Sheets
What does PMI stand for?
Project Management Institute
What is the role of a stakeholder in a project?
To influence or be affected by the project outcome
Which group includes creating the project charter/project initiation document?
Initiating
Define “critical path.”
The longest path in the schedule that determines the shortest project duration
What is a RACI matrix used for?
To clarify roles and responsibilities for tasks
What does PMO stand for?
Project Management Office
What is the sponsor’s role during execution?
To provide support, remove roadblocks, and approve key decisions
Which group involves managing stakeholder engagement?
Executing
What is a deliverable?
A tangible or intangible output produced during a project
How do you calculate CPI (Cost Performance Index)?
CPI = EV / AC
What soft skills are crucial for a PM?
Communication, leadership, organization, problem-solving
What does a project coordinator typically handle?
Scheduling, documentation, and team support
What group focuses on tracking deliverables and KPIs?
Monitoring & Controlling
Define “scope creep.”
Uncontrolled changes or growth in project scope without adjustments
What is Monte Carlo Simulation used for?
Risk analysis and forecasting project outcomes
What is the difference between Agile and Waterfall?
Agile is iterative and flexible; Waterfall is sequential and structured
Name 3 roles that interact during project planning.
Project Manager, Stakeholder, Subject Matter Expert
Which group closes contracts and performs final evaluation?
Closing
What’s the difference between risks and issues?
Risks are potential problems; issues are current problems
What is Earned Value Management (EVM)?
A method to track project performance and progress against scope, time, and cost
What are the top 3 causes of project failure?
Poor planning, lack of stakeholder engagement, unclear scope