Project Initiation: Starting a Successful Project coursera quiz answers - Courseinside (2024)

Here you will get Project Initiation: Starting a Successful Project Coursera Quiz Answers

This is the second course in the Google Project Management Certificate program. This course will show you how to set a project up for success in the first phase of the project life cycle: the project initiation phase. In exploring the key components of this phase, you’ll learn how to define and manage project goals, deliverables, scope, and success criteria. You’ll discover how to use tools and templates like stakeholder analysis grids and project charters to help you set project expectations and communicate roles and responsibilities. Current Google project managers will continue to instruct and provide you with hands-on approaches for accomplishing these tasks while showing you the best project management tools and resources for the job at hand.

Learners who complete this program should be equipped to apply for introductory-level jobs as project managers. No previous experience is necessary. By the end of this course, you will be able to: – Understand the significance of the project initiation phase of the project life cycle. – Describe the key components of the project initiation phase. – Determine a project’s benefits and costs. – Define and create measurable project goals and deliverables. – Define project scope and differentiate among tasks that are in-scope and out-of-scope. – Understand how to manage scope creep to avoid impacting project goals. – Define and measure a project’s success criteria. – Complete a stakeholder analysis and explain its significance. – Utilize RACI charts to define and communicate project team member responsibilities. – Understand the key components of project charters and develop a project charter for project initiation. – Evaluate various project management tools to meet project needs.

SKILLS YOU WILL GAIN

• Stakeholder Management
• Strategic Thinking
• Business Writing
• Project Management
• Project Charter

All quiz answers for week 1

Quiz >>Weekly Challenge 1

Q1. Fill in the blank: Project initiation includes determining resources, documenting key components, and _____

1. onboarding the team
2. solidifying scope
3. establishing a schedule
4. finalizing budgets

Q2. Fill in the blank: A cost-benefit analysis weighs the potential value of a project against money, resources, and _____ required.

1. expectations
2. time
3. competitors
4. policies

Q3. What are the key components of project initiation?

1. Goals, scope, deliverables, success criteria, stakeholders, and resources
2. Findings, scope, planning, deliverables, success criteria, and resources
3. Goals, scope, planning, documentation, success criteria, and resources
4. Findings, scope, deliverables, monitoring progress, stakeholders, and resources

Q4. Imagine you’re the project manager of a new grocery delivery service. You meet with stakeholders to decide how to measure project success. Which project initiation component are you trying to determine?

1. Goals
2. Scope
3. Success criteria
4. Resources

Q5. Imagine that the main supplier for a construction project runs out of steel girders and needs to obtain more to complete the order. Which key component of project initiation does this scenario concern?

1 point

1. Deliverables
2. Scope
3. Resources
4. Goals

Q6. A project charter adds value to projects in what three ways?

1. Helps project managers communicate project details to others
2. Sets up a framework for what project work the team needs to do
3. Allows project managers to get organized
4. Includes a plan to mitigate potential risks

Q7. Which of the following could be considered intangible benefits? Select all that apply.

1 point

1. Customer satisfaction
2. Income earned
3. Employee satisfaction
4. Brand perception

Q8. You expect that a project will bring in $15,000 USD in revenue per year. You estimate it will cost $10,000 up front. You also estimate costs of $100 per month for the first 12 months, which equals $1,200 per year. Using the formula (G-C) ÷ C = ROI, how would you calculate the project’s return on investment (ROI) after the first 12 months?

1 point

1. (15,000 – 10,000) ÷ 11,200 = 45%
2. (15,000 – 11,200) ÷ 15,000 = 25%
3. (15,000 – 11,200) ÷ 11,200 = 34%
4. (11,200 – 10,000) ÷ 15,000 = 8%

All quiz answers for week 2

Quiz >>Weekly Challenge 2

Q1. As a project manager, you’re using the SMART criteria to craft goals for your team. During the process, you ask yourself if your team can misinterpret a goal. Which SMART criteria does this question represent?

1. Time-bound
2. Specific
3. Measurable
4. Attainable
5. Relevant

Q2. Which of the following scenarios best represents a project that is going out-of-scope?

1. During the project weekly meeting, the project sponsor adds a new deliverable requirement that costs $10,000 USD. This addition surpasses the budget by $5,000 USD.
2. The deliverable to present your project’s pre-launch event at a three-day, in-person conference is now an online conference. The switch reduces the costs associated with event space, travel, and people resource time.
3. During the project weekly meeting, the project manager learns the main vendor will increase the cost of raw materials by 20% due to an international shortage.
4. The manufacturer of one of the project deliverables just lost power after a large storm. They don’t expect to be in production for one week, delaying the project timeline.

Q3. Consider the following scenario:

The Janco Car Company is about to deliver new cars to its affiliate dealerships. Right before shipping, several dealerships say they cannot receive the cars because of showroom schedules. Janco had not planned for the various dealerships’ showroom schedules. The dealerships ask for Janco to reorganize the car shipping schedule, costing Janco hundreds of thousands of dollars.

Which of the following steps could Janco have taken to help prevent scope creep?

1. Move the cars via airlines to keep the timelines in place.
2. Include product delivery scheduling in the project scope.
3. Use legal avenues to make the dealerships alter showroom schedules.
4. Send the shipping schedule to all of the dealerships after it’s finalized.

Q4. Fill in the blank: Deliverables help project managers, team members, and stakeholders _____ and realize the impact of the project.

1 point

1. compare
2. adjust
3. quantify
4. rank

Q5. Which of the following scenarios best represents project launch?

1 point

1. The client agrees to the initial timeline and budget.
2. The project manager works with stakeholders to develop project goals and deliverables.
3. The project team releases a new product.
4. The website development team researches a specific audience through sales data analysis.

Q6. Consider the following scenario: The Director of Product requests a project cost reduction of 25%. However, they also state that the product’s final result needs to look and function as originally agreed with no additions to project workload.

Using the triple constraint model, what trade-off could the project manager use to meet the Director of Product’s request?

1 point

1. Change the team
2. Change the project scope
3. Change the project goal
4. Change the timeline

Q7. Which two of the following are examples of success criteria?

1. Implement a training service to meet company objectives.
2. Deliver training to all appropriate teams to ensure at least 98% of the teams are using the new tool.
3. Create a new product feature that will satisfy customers.
4. Meet company-wide objective of $50M in revenues.

Q8. What’s a main difference between the adoption and engagement metrics?

1 point

1. Adoption requires more expensive tools. Engagement requires less expensive tools.
2. Adoption is generally a one-time occurrence. Engagement is ongoing.
3. Adoption is an external metric. Engagement is an internal metric.
4. Adoption replaces a business metric. Engagement compliments other business metrics.

Q9. Which scenario demonstrates project landing?

1. The car company Janco launches a new car series called the Cruiser ST. The launch is successful and all the dealerships request more models.
2. The project manager considers positive feedback from the project sponsor as enough evidence to assume success and reports the project complete.
3. The project manager checks back on the project in five years to see if the training program produces a 20% increase in the county’s recycling rate.
4. The Director of Product requests to reduce the budget by 25% but the final outcome still needs to look and function as originally agreed

Q10. Suppose as a project manager you receive a request from a team member to change a process they believe will make their work more efficient. However, you know that the change may increase the workload for other team members and extend the project’s completion date. How do you best address this potential internal scope creep?

1. Remind the team that any process changes will change project scope and may create unknown risks for the project.
2. Ask the team member who requested the change to take on the additional work from affected team members.
3. Request from stakeholders an additional team member to take on the additional work.
4. Try it out as a test because the team member making the request has seniority.11.

Q11. Which of the following is true about Objectives and Key Results (OKRs)?

1. OKRs are rarely used to determine a project’s success criteria.
2. OKRs are mainly for team-based metrics and not for individuals.
3. Adoption and engagement are often used as metrics to measure results.
4. There are typically 2–3 objectives for every key result.

All quiz answers for week 3

Quiz >>Weekly Challenge 3

Q1. Who is responsible for overseeing the scope, schedule, budget, and quality of a project?

1. Product lead
2. Project sponsor
3. Project manager
4. Primary stakeholders

Q2. Which three of the following responsibilities can belong to the project sponsor?

1. Fund the project.
2. Play a key leadership role throughout the project.
3. Plan and organize the project.
4. Ensure that the project delivers the agreed upon value to the business.

Q3. Which of the following people are likely to be primary stakeholders in a project? Select all that apply.

1 point

1. Business competitors
2. The project team
3. The project client
4. The project sponsor

Q4. Which of the following are typical responsibilities of project team members? Select all that apply.

1. Provide technical expertise
2. Carry out day-to-day project tasks
3. Take on multiple project tasks
4. Initiate the project

Q5. What is the purpose of a stakeholder analysis?

1 point

1. Meet with stakeholders to make major project decisions
2. Identify stakeholders and determine their involvement in a project
3. Determine which stakeholders to exclude from a project
4. Talk to stakeholders and learn about their interests

Q6. What is the first step in a stakeholder analysis?

1. List the stakeholders impacted by the project
2. Assess each stakeholder’s ability to participate and find ways to involve them
3. Determine each stakeholder’s level of influence
4. Determine each stakeholder’s level of interest

Q7. What does the acronym RACI stand for?

1 point

1. Responsible, Accountable, Considered, Interested
2. Responsible, Accountable, Considered, Informed
3. Responsible, Appeased, Consulted, Interested
4. Responsible, Accountable, Consulted, Informed

Q8. Which three of the following situations can lead to role confusion on a project?

1. When ownership of decisions is unclear
2. When workloads are unbalanced
3. When only one person is designated as accountable
4. When team members perform overlapping work

Q9. 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?

1. Likelihood of project success
2. Team member communication preferences
3. Necessary skills for the project
4. Degree of stakeholder engagement

Q10. As a project manager, you’re prioritizing stakeholders using a power grid. One stakeholder has high power and high interest. What level of engagement should the team have with the stakeholder?

1. Manage closely
2. Monitor
3. Meet their needs
4. Show consideration

All quiz answers for week 4

Quiz >>Weekly Challenge 4

Q1. Project managers use tools to accomplish which of the following activities? Select all that apply.

1. Negotiate with vendors
2. Keep stakeholders informed
3. Carry out team-building exercises
4. Manage the budget
5. Build charts and diagrams

Q2. As a project manager, you need to update your project charter with a statement about the tangible outcome of the project. In which section of the project charter does this information go?

1. Benefits
2. Business case
3. Project deliverable
4. Project scope

Q3. Fill in the blank: A project manager creates a project charter _____ a project proposal.

1 point

1. as an introduction to
2. after
3. before
4. at the same time as

Q4. Fill in the blank: Project managers need to ensure project information is _____ through formal documentation, such as email, a presentation, or a digital document.

1. available only to stakeholders
2. easily accessible to everyone
3. available only to team members
4. easily accessible to the public

Q5. Which are examples of work management tools?

1 point

1. Microsoft PowerPoint, Keynote, and Google Slides
2. Microsoft Word and Google Docs
3. Asana, Basecamp, and Trello
4. Email and cha

Q6. The project manager needs to plan, track, and complete work across many project phases. They also need to visually represent the team’s day-to-day tasks. Which type of tool is best for these activities?

1. A productivity tool, such as Microsoft Word
2. A collaboration tool, such as email
3. A work management software, such as Asana
4. A presentation tool, such as Google Slides

Q7. Fill in the blank: As a project manager, you may use Microsoft PowerPoint, Apple’s Keynote, or Google Slides to _____.

1. send emails
2. manage budgets
3. create presentations
4. share documents

Q8. A spreadsheet is a versatile tool that helps a project manager to do what? Select all that apply.

1 point

1. Build charts
2. Communicate with teammates
3. Manage budgets
4. Track tasks
5. Create timelines

Q9. Fill in the blank: Project managers use tools to manage _____, which typically include the project’s budget, people, and materials.

1 point

1. project charters
2. project timelines
3. project resources
4. project proposals

Q10. When developing the project charter, who does the project manager typically work with?

1. teammates only
2. the customer only
3. stakeholders only
4. teammates and stakeholders

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