Question: To ensure a successful project, the project manager has to identify all stakeholders, and to determine their expectations, interests, and influence over the project.

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Project Management Terminology

Estimate Activity Durations. The process of estimating the number of work periods needed to complete individual activities with the estimated resources.

Acquire Resources. The process of obtaining team members, facilities, equipment, materials, supplies, and other resources necessary to complete project work.

Common Acronyms

SV (english) : Schedule Variance

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Question to a Project Management Professional

Question Select the best option

To ensure a successful project, the project manager has to identify all stakeholders, and to determine their expectations, interests, and influence over the project. When in the project lifecycle are such activities required?
  1. Throughout the project.
  2. During initiating and planning.
  3. At the beginning of the project.
  4. During initiating, planning, monitoring and controlling.
Answer & Explanation
Right answer
    1. Throughout the project.
    2. During initiating and planning.
    3. At the beginning of the project.
    4. During initiating, planning, monitoring and controlling.

Explanation : These activities are part of the stakeholder analysis that is first carried out at the beginning of the project, but it is not a one-off activity and should take place throughout the project.

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