REVIEWER IN OM 303 – PROJECT MANAGEMENT

CORRECT STATEMENT:
1. Most problems are hidden, and it is the symptoms of the problem that you see.
2. A project is a plan of work that ideally gets you to the desired outcome. Before a
project takes place, you really must think about and define why you are taking
on the project.
3. Almost everything happens in a sequence, but the trick is to do as many things
in parallel as possible, if you have the resources to do so.
4. Performance should be measured throughout the project lifecycle.
5. The work breakdown structure allows you to assign resources to different parts
of the project based on the skills needed.
6. A project management plan is a formal document that defines how a project is
going to be carried out. It outlines the scope, goals, budget, timeline, and
deliverables of a project, and it's essential for keeping a project on track.
7. Many professionals think of a Project Management Plan as a Gantt chart or a
Schedule.
8. A good Project Manager always keeps an eye out of technology that will promote
the productivity of the team.
9. A good Project Manager is your classic communication expert. Promoting a
work environment where everyone feels valued and heard takes excellent
communication skills and practice.
10. Effective Project Managers are always good delegators.
11. Planning is the most important and fragile part in the Project
Management process.

FALSE STATEMENTS:
1. As a Project Manager of your team, only your opinion can be heard and
followed.
2. It is okay to start a project plan without clearly knowing your goal/outcome.
3. Communication to your teammates is not that important as long as you are
doing your task well.
4. Included in the Evaluation process is reviewing sample dashboards from other
institutions.
5. Being a leader means that you know everything and only you can answer to all
the questions of the users.
6. A good Project Manager always keeps his/her attention only to the work of his
team members and nothing else.
 7. The root cause analysis process should include people with no practical
experience.
8. The 5W1H means Who, What When Were, Why, and How.
9. A Vision Statement defines the company’s business, its objectives and its
approach to reach those objectives.

TERMS:

 Project Management - is the application of processes, methods, knowledge,

skills and experience to achieve the project objectives.
 Planning is concerned with Time, Cost and Scope
 In planning for time, Team members with assigned tasks should be the one to
decide the time that they needed to finish their task.
 In the process of evaluating project risk, one should begin in the planning
stages, but it must continue through every stage of the project.
 In making a Vision statement, it should describe the desired future position of
the company
 A Vision Statement describes the desired future position of the company.
 The Root Cause Analysis process should include people with practical
experience.
  If you are to define the problem before starting a project, by using the root
cause analysis, you will know the Root Cause of the people in the work floor.
 Using the 5Why’s will help you find the root cause of any problem and protect
the process from recurring mistakes and failures.
 the following is needed to be done in creating a Project Management Plan:
o Collect requirements from key stakeholders
o Define the scope of the project
o Create a work breakdown structure
 When the team is to start planning for the project, it is important to know how
to define the Scope of the project.
  Good Communication skills are critical in collecting requirements from key
stakeholders stage in the planning process.
 Many professionals think of a Project Management Plan as a Gantt Chart or
Schedule
 “M” stands for MEASURABLE in the acronym S. M. A. R. T.
 As a Project Manager, not only should you consider the work performance of
your team members, you should also be aware of their Personal Problems
 A good manager always keeps an eye out of technology that will promote the
productivity of the team.

-END OF REVIEWER-
GOOD LUCK ON YOUR EXAMINATION