Day 2

Question 1

What is a project?

Answer 1

A temporary endeavor undertaken to create a unique product, service, or result.

Question 2

What is project management?

Answer 2

The application of knowledge, skills, tools, and techniques to meet project requirements.

Question 3

What are the three domains of the PMP exam?

Answer 3

People (42%), Process (50%), Business Environment (8%).

Question 4

What is the purpose of a stakeholder register?

Answer 4

To document stakeholders, their roles, influence, and engagement level.

Question 5

How do you engage stakeholders effectively?

Answer 5

Identify, analyze, communicate, and manage expectations based on their power and interest.

Question 6

What is a Work Breakdown Structure (WBS)?

Answer 6

A hierarchical decomposition of the total work required to complete a project.

Question 7

What is the Critical Path Method (CPM)?

Answer 7

A technique used to determine the longest sequence of dependent activities in a project.

Question 8

What is Earned Value Management (EVM)?

Answer 8

A project management technique that measures project performance using scope, time, and cost.

Question 9

What are Agile principles?

Answer 9

Customer collaboration, responding to change, delivering working software frequently, and maintaining sustainable development.

Question 10

What are the key Agile frameworks?

Answer 10

Scrum, Kanban, Lean, XP (Extreme Programming), and SAFe (Scaled Agile Framework).

Question 11

What is a Sprint in Scrum?

Answer 11

A fixed-length timebox (typically 1-4 weeks) in which a Scrum team completes a set amount of work.

Question 12

What is the purpose of a Sprint Review?

Answer 12

To inspect the increment, adapt the backlog, and gather feedback from stakeholders.

Question 13

What is a Product Backlog?

Answer 13

A prioritized list of work items maintained by the Product Owner in Agile.

Question 14

What is the Definition of Done (DoD)?

Answer 14

A set of criteria that must be met before a deliverable is considered complete.

Question 15

What is Monte Carlo Analysis?

Answer 15

A statistical technique used to assess risks and predict project outcomes.

Question 16

What is a Risk Register?

Answer 16

A document that records identified risks, their potential impact, and response strategies.

Question 17

What are the types of project life cycles?

Answer 17

Predictive (Waterfall), Adaptive (Agile), Iterative, Incremental, and Hybrid.

Question 18

What is the purpose of a Business Case?

Answer 18

To justify the need for a project by evaluating costs, benefits, and risks.

Question 19

What are the key financial metrics in project management?

Answer 19

Net Present Value (NPV), Return on Investment (ROI), Internal Rate of Return (IRR), and Payback Period.

Question 20

What is Change Control?

Answer 20

A structured process to evaluate, approve, or reject changes to project scope, schedule, or budget.

Question 21

What is the role of a Project Sponsor?

Answer 21

Provides resources, support, and strategic alignment for the project.

Question 22

What is Progressive Elaboration?

Answer 22

Iteratively improving and detailing a plan as more information becomes available.

Question 23

What is a Milestone?

Answer 23

A significant event in a project that marks progress and may require stakeholder approval.

Question 24

What is the purpose of a Kickoff Meeting?

Answer 24

To align the project team and stakeholders on objectives, expectations, and responsibilities.

Question 25

What is a Team Charter?

Answer 25

A document that defines team values, norms, expectations, and conflict resolution guidelines.

Question 26

What is Servant Leadership?

Answer 26

A leadership philosophy where the leader's primary role is to serve the team and remove obstacles.

Question 27

What is a Product Roadmap?

Answer 27

A high-level visual representation of planned product deliverables over time.

Question 28

What is a Stakeholder Engagement Plan?

Answer 28

A strategy for effectively communicating and managing stakeholder relationships.

Question 29

What is the Stacey Complexity Model?

Answer 29

A framework for determining the most appropriate project management approach based on uncertainty and complexity.

Question 30

What is a Hybrid Development Approach?

Answer 30

A combination of predictive and adaptive project management methodologies.

Question 31

What is a Retrospective in Agile?

Answer 31

A recurring meeting to reflect on the past sprint and identify improvements for the next sprint.

Question 32

What is Rolling Wave Planning?

Answer 32

A technique where near-term work is planned in detail, while future work is planned at a higher level.

Question 33

What is a Communications Management Plan?

Answer 33

A document outlining how project information will be shared with stakeholders.

Question 34

What is a Change Management Plan?

Answer 34

A structured approach to handling project changes efficiently.

Question 35

What is a Virtual Team?

Answer 35

A team that collaborates remotely using digital communication tools.

Question 36

What is Colocation in Project Management?

Answer 36

Physically placing team members in the same location to improve collaboration.

Question 37

What are Key Performance Indicators (KPIs)?

Answer 37

Measurable values used to track project or business performance.

Question 38

What is the XP Metaphor Technique?

Answer 38

A way to describe a complex project concept using simple, familiar terms.

Question 39

What is the PMI Code of Ethics and Professional Conduct?

Answer 39

A set of ethical principles for project management professionals, including responsibility, respect, fairness, and honesty.