Project Life Cycle Phases Flashcards
What are the phases of the Project Life Cycle?
Initiation, Planning, Execution, Monitoring and Controlling, and Closing.
True or False: The Initiation phase includes defining the project scope.
True.
Fill in the blank: The ____ phase involves creating a detailed project plan.
Planning
What is the main purpose of the Execution phase?
To carry out the project plan and deliver the project outputs.
Which phase involves tracking project performance against the plan?
Monitoring and Controlling.
Multiple Choice: Which phase comes last in the Project Life Cycle? A) Planning B) Execution C) Closing D) Initiation
C) Closing
True or False: The Monitoring and Controlling phase occurs only after the Execution phase is complete.
False.
What is a key output of the Initiation phase?
Project Charter.
Fill in the blank: The ____ phase focuses on stakeholder engagement and communication.
Execution
What is a critical task during the Closing phase?
Conducting a project review and documenting lessons learned.
Multiple Choice: Which of the following is NOT a phase of the Project Life Cycle? A) Initiation B) Planning C) Execution D) Implementation
D) Implementation
True or False: The Project Life Cycle is the same for every type of project.
False.
What document is typically created during the Planning phase?
Project Management Plan.
Fill in the blank: The ____ phase ensures that project objectives are met through performance tracking.
Monitoring and Controlling
What is the primary focus of the Initiation phase?
To authorize the project and identify its feasibility.
Multiple Choice: Which phase involves resource allocation? A) Initiation B) Planning C) Execution D) Closing
B) Planning
True or False: The Execution phase can overlap with the Monitoring and Controlling phase.
True.
What is the final deliverable in the Closing phase?
Project closure report.
Fill in the blank: The ____ phase involves assessing project performance and making adjustments.
Monitoring and Controlling
What are the three primary constraints in project management often referred to?
Scope, Time, and Cost.
Multiple Choice: What is the first step in the Initiation phase? A) Stakeholder Analysis B) Develop Project Charter C) Define Scope D) Risk Assessment
B) Develop Project Charter
True or False: The Planning phase is optional in project management.
False.
What is a common tool used for project scheduling in the Planning phase?
Gantt Chart.
Fill in the blank: The ____ phase involves ensuring stakeholder satisfaction and achieving project objectives.
Closing
What is one of the key activities in the Execution phase?
Managing team performance.
Multiple Choice: In which phase are project risks identified and assessed? A) Initiation B) Planning C) Execution D) Closing
B) Planning
True or False: Stakeholder engagement is only important during the Initiation phase.
False.
What is an important output of the Monitoring and Controlling phase?
Performance reports.
Fill in the blank: The ____ phase is where project deliverables are formally accepted.
Closing
What is the purpose of a project charter?
To formally authorize the project and outline its objectives and scope.
Multiple Choice: Which of the following is a tool used in the Monitoring and Controlling phase? A) SWOT Analysis B) Earned Value Management C) Brainstorming D) Critical Path Method
B) Earned Value Management
True or False: The project manager is primarily responsible for the Planning phase.
True.
What does the Execution phase primarily focus on delivering?
Project outputs and deliverables.
Fill in the blank: The ____ phase may involve revising the project scope based on performance feedback.
Monitoring and Controlling
What is the significance of the Closing phase?
It ensures that all project work is completed and documented.
Multiple Choice: Which phase includes stakeholder communication planning? A) Planning B) Execution C) Closing D) Initiation
A) Planning
True or False: The Initiation phase requires the identification of project stakeholders.
True.
What is a common challenge during the Execution phase?
Managing changes to the project scope.
Fill in the blank: The ____ phase is crucial for ensuring the project aligns with organizational goals.
Initiation
What is a common method for managing project risks during the Planning phase?
Risk Register.
Multiple Choice: Which phase is characterized by project delivery and stakeholder satisfaction? A) Planning B) Execution C) Closing D) Monitoring and Controlling
C) Closing
True or False: The Planning phase is where project budgets are finalized.
True.
What is an important consideration when closing a project?
Ensuring all contracts and agreements are resolved.
Fill in the blank: The ____ phase is where performance is compared against the project plan.
Monitoring and Controlling
What is the role of a project manager during the Execution phase?
To lead the team and ensure project deliverables are met.
Multiple Choice: Which document outlines the work needed to complete the project? A) Project Charter B) Scope Statement C) Project Plan D) Risk Management Plan
B) Scope Statement
True or False: All projects follow the same life cycle phases in the same order.
False.
What is a key output of the Planning phase?
Work Breakdown Structure (WBS).
Fill in the blank: During the ____ phase, the project manager must communicate with stakeholders regularly.
Execution
What is the purpose of performance reporting in the Monitoring and Controlling phase?
To inform stakeholders of project progress and performance.
Multiple Choice: Which of the following is a key focus of the Closing phase? A) Delivering outputs B) Documenting lessons learned C) Risk assessment D) Resource allocation
B) Documenting lessons learned
True or False: The project manager’s role diminishes during the Execution phase.
False.
What is the main goal of the Initiation phase?
To establish the project’s feasibility and alignment with business goals.
Fill in the blank: The ____ phase often includes stakeholder feedback for project adjustments.
Monitoring and Controlling
What is a common challenge during the Planning phase?
Defining the project scope accurately.
Multiple Choice: Which phase involves approving the project deliverables? A) Initiation B) Planning C) Execution D) Closing
D) Closing
True or False: The Monitoring and Controlling phase is essential for project success.
True.
What is one of the final tasks in the Closing phase?
Archiving project documents.
Fill in the blank: The ____ phase is where project objectives are aligned with stakeholder expectations.
Initiation
What is a key component of the project management plan created during the Planning phase?
Communication plan.
Multiple Choice: Which phase includes the execution of the project schedule? A) Initiation B) Planning C) Execution D) Closing
C) Execution
True or False: All phases of the Project Life Cycle must be completed sequentially.
False.
What is the significance of stakeholder analysis in the Initiation phase?
To identify and understand the needs and expectations of stakeholders.
Fill in the blank: The ____ phase is critical for ensuring that all project activities are completed.
Closing
What is a common technique used to monitor project performance?
Key Performance Indicators (KPIs).
Multiple Choice: Which phase is primarily concerned with managing and directing project work? A) Initiation B) Planning C) Execution D) Closing
C) Execution
