1. which is a crucial factor to take into account while selecting a project approach.

a. Project schedule

b. Project complexity

c. Stakeholder concerns

d. Project cost

2. stakeholders are equal in importance

true or false

3. which approach is viable for costly projects with a high degree of risk as determined through extensive requirements collection, analysis, and identification up front in an organization with

strong change control processes, engaged stakeholders?

a. Iterative

b. Predictive

c. Agile

d. Hybrid

4. Predictive approaches cannot include high-risk aspects for example high risk like new product development.

true or false

5. An IT project is needed to replace a company's enterprise financial software system. The project will cost in excess of $8 Million. Overall, this project involves installing a pre-packaged solution that is commonly used across the industry. The Research and Development department does a lot of grant-related projects for the federal government, so the project team will need to customize that part of the software solution. Project stakeholders like the IT director, senior department analysts, and the CFO are tech savvy and are actively engaged. Which project approach would you recommend?

a. Agile

b. Hybrid

c. Waterfall

d. Predictive approach with iterative proof of concept for the R&D module

6. a $10M project has templates for similar projects which are available. Costs, schedules, and deliverables are well defined up front. which approach is the most reasonable to use?

a. Agile

b. Hybrid

c. Waterfall

d. Predictive approach with iterative proof of concept for the R&D module

7. In predictive approaches we control _______________ through detailed planning (select all answers that apply):

a. Risk

b. Scope

c. Cost

d. Conflict

8. Project managers may utilize which of the following documents when utilizing a predictive approach:

a. Issues log

b. Communication register

c. Resource register

d. All of the above