Project Initiation: Starting a Successful Project Quiz Answers Week 3
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:
What will you learn:
- Recognize the importance of the project life cycle's start phase.
- Create a project charter for project initiation by comprehending the key elements of project charters.
- Doing Stakeholder analysis and RACI charts should be used to specify and explain the duties of project team members.
- To satisfy the demands of the project, by using several project management solutions.
Project Initiation: Starting a Successful Project Weekly Challenge 3 Answers
Question 1)
Fill in the blank: _____ is a collection of facts or information.
- Data
- Statistics
- Resources
- Artifacts
Question 2)
Which of the following are examples of productivity metrics? Select all that apply.
- Projections
- Durations
- Milestones
- Issues
Question 3)
Which of the following are examples of quality metrics? Select all that apply.
- issues
- cost variance
- number of changes
- tasks
Question 4)
As a project manager prioritizing tasks, you need to determine what is most important to your client: meeting a deadline or staying within budget. Which method are you using to determine what data is relevant to your project?
- Aligning to your stakeholders’ priorities
- Monitoring changes in project metrics
- Identifying and responding to signals
- Focusing on tasks that have a big impact on the project goal
- Scatter Plots
- Line graph
- Bar graph
- Pie chart
Question 6)
Fill in the blank: _____ data are statistical and numerical facts about a project.
- Quantitative
- Subjective
- Mathematical
- Qualitative
Question 7)
Fill in the blank: _____ is the process of turning facts into a narrative to communicate something to your audience.
- Storytelling
- Statistics
- Data analysis
- Communication
Question 8)
Fill in the blank: _____ is the graphical representation of information to facilitate understanding.
- Data visualization
- Presentation
- Statistics
- Storytelling
Question 9)
Which of the following tactics may help you be memorable during a presentation? Select all that apply.
- Maintain an upright posture with hands at your side.
- Pace yourself by using intentional pauses.
- Elevate the volume of your voice to emphasize key points.
- Make eye contact and use friendly facial expressions.
- Confirm the audience has no questions before you start.
Question 10)
As a project manager processing data, you avoid selecting and interpreting data in a way that supports your pre-existing beliefs. This tactic helps avoid which data bias?
- Confirmation bias
- Interpretation bias
- Observer bias
- Sampling bias
- Productivity metrics
- Quality metrics
Question 12)
As a project manager analyzing data, you begin by inquiring about the current state of the problem, the ideal outcome, and the expectations of your stakeholders. Which data analysis best practice does this represent?
- Ask
- Process
- Analyze
- Share
- Prepare
Question 13)
As a project manager creating a story, you ask yourself questions like: “Is the content credible and trustworthy?”, “Are there any data points that skew the information”, and “What content can I eliminate?”. In what storytelling step should you ask these questions?
- Filter and analyze the data
- Find the data
- Gather the feedback
- Define the audience
- Choose a visual representation
Question 14)
Imagine you’re preparing a data presentation. To explain your data, you need to compare trends and display changes in the data over a set period of time. Which data visualization tool can help?
- Line graph
- Scatter plot
- Pie chart
- Bar graph
Extra Questions
Question 15)
From the project manager perspective, which of the following are benefits of using data? Select all that apply.
- Understand your users
- Improve processes
- Make better decisions
- Understand performance
- Solve problems
- Increase the project timeline
Question 16)
Fill in the blank: Using a(n) _____ keeps a record of any inconsistencies from the initial requirements of a project.
- change log
- shared drive
- communication plan
- issue log
Question 17)
Fill in the blank: A(n) ______ is an observable change that can help project managers determine the overall health of a project.
- signal
- risk
- milestone
- issue
Question 18)
Fill in the blank: _____ data are qualities or things that you can't measure with numerical data.
- Qualitative
- Quantitative
- Client
- Objective
Question 19)
Fill in the blank: A _____ is a measurable value or metric that demonstrates how effective an organization is at achieving important objectives.
- key performance indicator (KPI)
- milestone
- statistic
- task deadline
Question 20)
As a project manager analyzing data, you enter your data into a spreadsheet, ensure the data is accurate by removing duplicate responses and inconsistencies, and confirm the data contains no typos or errors. Which data analysis best practice does this represent?
- Process
- Analyze
- Ask
- Prepare
- Share
Question 21)
As a project manager creating a story, you ask yourself questions like: “Who are you presenting to?” “What are their problems?,” and “What do they care about?”. In what storytelling step should you ask these questions?
- Define the audience
- Find the data
- Shape the story
- Gather the feedback
- Filter and analyze the data
Question 22)
Fill in the blank: A(n) _____ is a quantifiable measurement project managers use to track and assess a business objective.
- metric
- survey
- Daily Scrum
- test
Question 23)
What tactics can project managers use to prioritize data? Select all that apply.
- Prioritize tasks that contribute most to the project goal
- Identify and respond to signals
- Align metrics to stakeholder priorities
- Set hard deadlines
Question 24)
Fill in the blank: _____ is the process of collecting and organizing information to help draw conclusions.
- Data analysis
- Documentation
- Risk analysis
- Project management
Question 25)
Which of the following include visual representations of data? Select all that apply.
- mappings
- infographics
- dashboards
- charts
- statistics
- understand performance
- solve problems
- understand your users
- reduce budget
- Quality metrics
- Productivity metrics
- Reliability metrics
- Documentation metrics
- Projection
- Brainstorming
- Planning
- Prediction
- Practice to avoid mistakes that could distract from your message
- Consider the approach you’d take if an unforeseen event shortens your presentation
- Identify and come up with answers to potential audience questions
- Imagine and prepare for possible objections
- Limit practicing so you can improvise based upon audience body language
- Shape the story
- Filter and analyze the data
- Get feedback
- Find the data
- Define the audience
- Analyze the data
- Gather the feedback
- Choose a visual representation
- Define the audience
- Shape the story
- Collect the data
- Analyze
- Prepare
- Ask
- Share
- Process
- Compare values and demonstrate how individual parts contribute to a whole
- Demonstrate the relationships between data sets
- Inform the audience about a new trend or valuable piece of information
- Analyze trends and behaviors over set periods of time
- Puzzle the audience to think more intensely and remember the data
- Be memorable
- Be flexible
- Be precise
- Be forceful
- KPI
- Interpretation bias
- Confirmation bias
- Sampling bias
- Observer bias
- Sampling bias
- Confirmation bias
- Interpretation bias
- Observer bias
- Aligning to your stakeholders’ priorities
- To filter information by directing the audience to the most important data points and insights
- To summarize information and condense long ideas and facts into a single image or representation
- To help the viewer make sense of and remember the information the project manager presents
- To manipulate the data so the audience only reviews positive information
- Analyze
Conclusion
With any luck, this post will help you quickly and easily uncover Week 3 assessment answers for Coursera's Project Initiation: Starting a Successful 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.
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