INF 337 week 4 QUIZ

 1.	Question :	Customer or client satisfaction is not part of project value.

 	


Question 2.	Question :	A project is not an investment made by management.

 	


Question 3.	Question :	One way a project can fail before it starts is to run counter to a firm- stated goals.

 	


Question 4.	Question :	The value management approach hinges on three key principals: Which one below is not one of those principals?

 	

Question 5.	Question :	Which of these attributes is part of the group “consideration of external and internal environments”?

 	


 	

Question 6.	Question :	In what way can value be added to a project?

 	


Question 7.	Question :	The goal of value management is to enable an organization to achieve maximum progress towards its stated goals with the minimum use of resources.

 	

Question 8.	Question :	One way to plan with risk avoidance is to purchase insurance.

 	



Question 9.	Question :	If risks are managed proactively with mitigation and contingency plans, the negative impact can be minimized.

 	


Question 10.	Question :	Technical risk is one area of uncertainty for a project.

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