S tate whether True or False: a. A project is considered successful when the project meets or
Question:
S tate whether True or False:
a. A project is considered successful when the project meets or exceeds the expectations of the stakeholders.
b. A project is considered successful when the project sponsor announces the completion of the project.
c. I ron triangle includes three parameters, namely schedule, cost and quality.
d. T he 3 Cs are commitment, coordination and competency.
e. Failures and successes of a project are independent of each other.
f. I ron triangle provides a platform for the evaluation of project performance.
g. S afety and stakeholders’ satisfaction are other two vital criteria for project performance evaluation apart from the iron triangle.
h. M aximizing the success attributes is as important as minimizing the failure attributes.
i. I n the context of project evaluation, objective evaluation criteria are those that are intangible and non-measurable, such as client satisfaction and contractor satisfaction.
j. I n the context of project evaluation, subjective evaluation criteria are those that are tangible and measurable, such as schedule and cost.
k. I n general, a project fails because of competent project manager, planned project termination and supportive top management.
l. T he five process groups according to PMBOK are terminating, static, stagnating, leveraging and endless.
m. P roject scope management is one of the nine knowledge areas according to PMBOK.
Step by Step Answer:
Construction Project Management Theory And Practices
ISBN: 9789332542013
2nd Edition
Authors: Kumar Neeraj Jha