Project Initiation: Starting a Successful Project - Module 3 Challenge
Who is responsible for the team's overall success and the project as a whole?
Project sponsor
Product lead
Project manager
Primary stakeholder
Does the project sponsor fund the project?
Yes. The project sponsor plays a vital leadership role, which always includes funding the project.
No. The project sponsor plays a vital leadership role but does not fund the project.
Sometimes. The project sponsor plays a vital leadership role, which sometimes includes funding the project.
Which stakeholders benefit directly(not indirectly) from a project’s success? Select all that apply.
Key players
Minor players
Primary stakeholders
Secondary stakeholders
Who uses technical and interpersonal skills to carry out day-to-day project tasks?
Project sponsors
Project team members
Project managers
Secondary stakeholders
Which term refers to identifying stakeholders and grouping them by interest and influence?
Stakeholder buy-in
Stakeholder monitoring
Stakeholder analysis
Steering committee meeting
As a project manager, you complete a stakeholder analysis and make a list of all the stakeholders. What is often the next step?
Assign tasks to each stakeholder
Make a budget to determine how much each stakeholder should invest
Determine the level of interest and influence for each stakeholder
Schedule a meeting with all stakeholders
As a project manager, you create a chart to assign roles and responsibilities for the team. What type of chart are you creating?
Team analysis chart
Stakeholder analysis chart
RACI chart
SBI chart
Which of the following is true of someone who is accountable in a RACI chart?
Carries out the work to complete the tasks
Gives feedback according to their subject matter expertise
Ensures the work gets completed
Learns about tasks when they are complete
As a project manager, you make considerations when building a team. You decide how many people should be on the team, if they have the time to work on the project, and if they have a personal incentive to work on the project. What else should you consider when building a team?
Team member communication preferences
Necessary skills for the project
Degree of stakeholder engagement
Likelihood of project success
As a project manager, you’re prioritizing stakeholders with a power grid. One stakeholder has low power and high interest. What level of engagement should the team have with the stakeholder?
Manage closely
Monitor
Show consideration
Meet their needs