Tuesday, July 12, 2022

Project Management Quiz: Project Execution Answers Week 1 | Coursera

Project Execution: Running the Project Quiz Answers Week 1



Project Execution: Running the Project


Greetings!! Today, we'll publish the complete week's worth of quiz answers from Coursera's Project Execution: Running the Project course. This is the fourth of six courses that will provide you the knowledge and abilities you need to apply for entry-level project management positions. Project managers play a key role in planning, implementing, and leading critical projects to help their organizations succeed.


Project Management Scope   

Project management is a versatile field that encompasses a wide range of industries and job titles. Here are some of the most common positions related to project management and their probable earnings:


  • Project Coordinator: A project coordinator is responsible for assisting the project manager in planning, organizing, and executing projects. The average salary for a project coordinator is around $55,000 to $65,000 per year.
  • Project Manager: A project manager is responsible for leading and managing projects from start to finish. They oversee project timelines, budgets, resources, and team members. The average salary for a project manager is around $75,000 to $120,000 per year, depending on the industry, location, and level of experience.
  • Program Manager: A program manager is responsible for overseeing multiple related projects and ensuring that they align with the organization's strategic objectives. The average salary for a program manager is around $110,000 to $150,000 per year.
  • Portfolio Manager: A portfolio manager is responsible for managing a group of programs and projects and ensuring that they align with the organization's overall strategic goals. The average salary for a portfolio manager is around $130,000 to $170,000 per year.
  • Director of Project Management: A director of project management is responsible for overseeing all aspects of the project management function within an organization, including project and program management, resource allocation, risk management, and stakeholder engagement. The average salary for a director of project management is around $150,000 to $200,000 per year.
  • Chief Project Officer: A chief project officer is the highest-ranking project management executive within an organization and is responsible for developing and executing the organization's project management strategy. The average salary for a chief project officer is around $200,000 to $300,000 per year.


It's important to note that these salaries are estimates and can vary based on factors such as industry, company size, location, and level of experience.


About the Course:


This is the fourth course in the Google Project Management Certificate program. The project life cycle's execution and closure will be covered in depth in this course. You'll understand what project elements to track and how to do so. Additionally, you will learn efficient ways to control and communicate changes, dependencies, and dangers. You will learn how to apply process improvement and continuous improvement approaches as you study quality management. The process of prioritizing data, using data to guide your decisions, and successfully presenting that data will all be covered later. Then, as you learn about the phases of team development and how to handle team dynamics, you will sharpen your leadership abilities. Following that, you will learn about communication tools for project teams, how to set up and run meetings, and how to successfully convey project status updates. The processes of the project closure process and how to develop and deliver project closing paperwork will be covered in the last section. You will continue to get instruction and practical methods for doing these duties from current Google project managers as they demonstrate the most effective project management tools and resources for the work at hand.


What will you learn:

  • Implement the four main principles of quality management: quality standards, planning, assurance, and control.
  • Showcase how to organize and analyze data, as well as how to convey a project's data-driven narrative.
  • Talk about managing team dynamics and the stages of team growth.
  • Create project closing documents and outline the phases of the closing process.


Project Execution: Running the Project Weekly Challenge 1


Question 1)

What is project tracking?

  • A method for following the progress of a project's activities.
  • A method for responding to project risks.
  • A method for assessing project successes and areas for improvement.
  • A method for reaching agreement among stakeholders on project scope.

 

Question 2)

What should project managers track to ensure the team meets deadlines?

  • Track tasks as they progress and as the project approaches key milestones.
  • Track stakeholder engagement to ensure they are aligned on project goals.
  • Track costs to avoid over- or under-spending on project activities.
  • Track project successes and celebrate achievements with the team.

 

Question 3)

Fill in the blank: In the context of tracking, a(n) _____ is anything that alters a project’s original course of action, whether positive or negative.

 

  • deviation

  

Question 4)

Which tool provides an overview of a project’s common elements, summarizes them as a snapshot, and communicates project status to the team and stakeholders in a centralized place?

  • Project status report
  • Burndown chart
  • Roadmap
  • Gantt chart

  

Question 5)

Which tool is most useful near the end of a project, when meeting deadlines is the top priority?

  • Burndown chart
  • Roadmap
  • Gantt chart
  • Probability and impact matrix

 

Question 6)

Imagine that an aerospace company builds a new line of passenger jets. Increased raw material costs cause the company to spend more on aluminum than planned. Which of the triple constraints does this change impact the most?

  • Budget
  • Scope
  • Timeline

 

Question 7)

How does a change request form differ from an escalation email?

  • Change request forms help teams manage proposed changes; escalation emails enlist leadership to remove obstacles, reinforce priorities, and validate next steps
  • Change request forms enlist leadership to manage proposed changes; escalation emails help teams remove obstacles, reinforce priorities, and validate next steps
  • Change request forms help teams remove obstacles, reinforce priorities, and validate next steps; escalation emails enlist leadership to manage proposed changes
  • Change request forms enlist leadership to remove obstacles, reinforce priorities, and validate next steps; escalation emails help teams manage proposed changes

 

Question 8)

Imagine that a restaurant is moving to a new location and must pass a government health inspection before it can open. What type of dependency is the inspection? Select all that apply.

  • Mandatory dependency
  • External dependency
  • Internal dependency
  • Discretionary dependency

 

Question 9)

What tool can project managers use to calculate risk exposure and prioritize risks using high, medium, and low rankings?

  • Probability and impact matrix
  • ROAM technique
  • Risk register
  • Mitigation plan

  

Question 10)

What common problems can a project manager avoid by escalating an issue? Select all that apply.

  • Trench wars
  • Inadequate compromises

 

 

Extra Questions

 

Question 11)

Under what conditions should you send an escalation email? Select all that apply.

  • Key stakeholders need to sign off on a final decision.
  • A problem leads to major changes in budget or timeline.
  • A problem inconveniences the core project team, but they resolve it themselves.
  • A project team member identifies a potential risk that may have an impact in several months.

  

Question 12)

How can escalation benefit a project? Select all that apply.

  • Encourages team participation
  • Speeds up decision-making
  • Provides checks and balances
  • Makes external dependencies trackable

  

Question 13)

Which tracking method is most useful for projects that require a granular, broken down review of each task and where finishing on time is a top priority?

  • Burndown chart

 

Question 14)

Which of the following categories are part of the ROAM technique? 

  • Resolved, owned, accepted, and mitigated
  • Restored, organized, allocated, and managed
  • Resolved, owned, allocated, and mitigated
  • Restored, organized, accepted, and managed

  

Question 15)

Which items should you track throughout the project execution phase? Select all that apply.

  • Project costs
  • Progress toward milestones
  • Action items
  • Project schedule
  • Key tasks and activities

  

Question 16)

Which tracking method is best for teams with a lot of people and projects with many tasks or milestones that are dependent on one another?

  • Gantt chart
  • Roadmap
  • Project status report
  • Burndown chart

  

Question 17)

How does a roadmap differ from a Gantt chart?

  • A roadmap tracks big milestones and includes a high-level project overview; a Gantt chart is useful for large projects with many dependencies
  • A roadmap is useful for large projects with many dependencies; a Gantt chart tracks big milestones and includes a high-level project overview
  • A roadmap is useful for large projects with many dependencies; a Gantt chart measures time against the amount of work completed and remaining
  • A roadmap measures time against the amount of work completed and remaining; a Gantt chart is useful for large projects with many dependencies

  

Question 18)

Imagine an auto manufacturer has a project to build a new model of car. The project manager learns there is a delay of a key shipment of parts. Which of the triple constraints does this change impact the most?

  • Timeline
  • Budget
  • Scope

  

Question 19)

Imagine a home improvement chain develops a new line of power tools. One of the designers wants to adopt a new process that will simplify the team’s workflow. Which method should they use to convey their idea to team members and stakeholders?

  • Change request form
  • Escalation email
  • Risk register
  • Gantt chart

  

Question 20)

Imagine that a toy company is known for making a popular doll, but their design team decides to test out a new material for the doll’s clothes before beginning a new batch. This test has what two types of dependencies?

  • Discretionary dependency
  • Internal dependency
  • External dependency
  • Mandatory dependency

  

Question 21)

Why should project managers track changes, dependencies, and risks throughout a project?

  • Keep teams aligned on how to ensure project success

 

Question 22)

What is the process of identifying risks and issues that could impact a project, and taking steps to address their potential effects?

  • Risk management
  • Project tracking
  • Dependency management
  • Escalation

  

Question 23)

Which term refers to the process of enlisting leadership or management to remove an obstacle, clarify or reinforce priorities, and validate next steps?

  • Escalation
  • Risk exposure
  • Elevation
  • Risk management

  

Question 24)

As a project manager, you’re implementing the ROAM technique for a new risk. You assign the risk to a team member so they can resolve it and monitor it to completion. Which ROAM action did you take?

  • Owned
  • Resolved
  • Accepted
  • Mitigated

  

Question 25)

What should you do in an escalation email? Select all that apply.

  • Explain the problem.
  • State your connection to the project.
  • Make a request.
  • Be serious and assert authority

  

Question 26)

Which of the following steps are part of dependency management? Select all that apply.

  • Recording dependencies
  • Efficient communication
  • Continuous monitoring and control
  • Eliminating dependencies

 

Question 27)

How does a change request form differ from an escalation email?

  • Change request forms help teams manage proposed changes; escalation emails enlist leadership to remove obstacles, reinforce priorities, and validate next steps
  • Change request forms enlist leadership to manage proposed changes; escalation emails help teams remove obstacles, reinforce priorities, and validate next steps
  • Change request forms help teams remove obstacles, reinforce priorities, and validate next steps; escalation emails enlist leadership to manage proposed changes
  • Change request forms enlist leadership to remove obstacles, reinforce priorities, and validate next steps; escalation emails help teams manage proposed changes

  

Question 28)

Imagine that a client wants to add an auction of donated items to a fundraising event. The project manager is currently executing the project for dinner and short concert. Which of the triple constraints does this change impact the most?

  • Scope
  • Timeline
  • Budget

  

Question 29)

Imagine a project manager prepares to move a project to the execution phase. They keep a centralized document that outlines the project timeline and each team member’s responsibilities. They also send daily emails to the team with items that need immediate attention. What does the project manager fail to track? Select all that apply.

  • Progress toward milestones
  • Project costs

  

Question 30)

Why should project managers track changes, dependencies, and risks throughout a project?

  • Keep teams aligned on how to ensure project success
  • Help prepare for the next project 
  • Demonstrate the importance of accepting change
  • Determine who made tracking mistakes during the retrospective

  

Question 31)

Which three of the following scenarios represent a deviation from a project plan?

  • A production facility goes out of business
  • A company increases its budget for a project
  • A lead designer quits to take another job
  • A project team hits a major milestone on schedule

  

Question 32)

Which term measures potential future losses to a project resulting from specific activities or events?

  • Risk Exposure

  

Question 33)

Which five items should you track throughout the project execution phase?

  • Project costs
  • Progress toward milestones
  • Action items
  • Key tasks and activities
  • Project schedule
  • Project goals

  

Question 34)

Which of the following methods can be used to communicate change to stakeholders during a project? Select all that apply.

  • Change request form
  • Escalation email
  • Work breakdown structure
  • Project charter

  

Question 35)

Which of the following categories are part of the ROAM how does a change request form differ from an escalation email? technique?

  • Resolved, owned, accepted, and mitigated

  

Question 36)

Which tracking method is most useful when project managers need a way to track big milestones in a project?

  • Roadmap
  • Gantt chart
  • Project status report
  • Burndown chart

  

Question 37)

What two common problems can a project manager avoid by escalating an issue?

  • Misdirected compromises
  • Trench wars
  • Force majeure
  • Risk appetite

 

Question 38)

Fill in the blank: In the context of tracking, a(n) _____ is anything that alters a project’s original course of action, whether positive or negative.

  • deviation

  

Question 39)

Imagine you are managing a project that hits a major milestone early, putting the team ahead of schedule. This alters the project plan’s original course of action. What is the name for this type of event?

  • A deviation
  • A risk
  • A reset
  • An issue

  

Question 40)

Imagine that a toy company is known for making a popular doll, but decides to test out a new material before beginning a new batch. What type of dependency is the test? Select all that apply.

  • Internal dependency
  • Discretionary dependency

  

Question 41)

How does a roadmap differ from a burndown chart?

  • A roadmap tracks big milestones and includes a high-level project overview; a burndown chart measures time against the amount of work completed and remaining
  • A roadmap tracks big milestones and includes a high-level project overview; a burndown chart is useful for large projects with many dependencies
  • A roadmap measures time against the amount of work completed and remaining; a burndown chart tracks big milestones and includes a high-level project overview
  • A roadmap is useful for large projects with many dependencies; a burndown chart tracks big milestones and includes a high-level project overview

  

Question 42)

What tool can project managers use to keep disagreements from bringing projects to a standstill?

  • Escalation email

  

Question 43)

In the ROAM technique, what does it mean to resolve a risk?

  • To classify a risk as addressed because it no longer creates a problem
  • To understand and accept a risk for what it is because it cannot be resolved
  • To reduce the impact of a risk or the likelihood the risk will occur
  • To give a team member ownership over a certain risk and entrust them to handle it

  

Question 44)

What can project managers do to keep trench war disagreements from bringing projects to a standstill?

  • Send an escalation email
  • Assess risk exposure
  • Apply the ROAM technique
  • Rely on the project roadmap

  

Question 45)

Imagine that a project manager creates a matrix with two variables: risk impact and probability. They use the matrix to measure potential future losses to a project resulting from specific activities or events. What is the project manager trying to determine?

  • Risk dependencies
  • Risk exposure
  • Risk management
  • Risk appetite

 

Conclusion

 

With any luck, this post will help you quickly and easily uncover Week 1 assessment answers for Coursera's Project Execution: Running the Project Quiz. If this article has been helpful to you in any way, please let your friends and family know on social media about this wonderful training. Be patient with us as we release a tonne more free courses along with the exam/quiz solutions, and keep checking our QueHelp Blog for updates.

1 comment:


  1. Very informative post. Thanks for Sharing, Highly Recommended to all who want to build Career on Project Management Office . Please Keep Updated ...

    The roadmap for project indicates the total proper planning and effective implementation of a pacific project. To make a project successful, proper planning is very important because the project has several parts. The successful implementation of every part makes the project successful.

    The project roadmap can present every part of the project planning. When every part of the project is analyzed step by step to make a good execution, the possibility of success of the project is increased. So, you can make a proper route map of the project, it will be very easy to keep the highest focus on each that will bring a better outcome from the project

    Learn More: https://pmoglobalinstitute.org/project-roadmap/

    ReplyDelete