Crowdly

The V-Model is known for its:

Risk-based and incremental delivery

Sequential and linear progression

User-centered and rapid development

Iterative and flexible approach

Quality constraint in project management focuses on:

The financial resources allocated for the project

The duration required to complete the project

The standards and expectations for the project deliverables

The specific goals and deliverables of the project

When would it be unwise to choose the Waterfall model for a software development project?

When a high degree of quality assurance is crucial.

When the project requirements are likely to change frequently.

When the project scope is small and well-defined.

When the team has extensive experience with the Waterfall model.

What happens when the scope of a project increases?

Resources and budget automatically adjust accordingly.

It has no bearing on the overall project success.

Project timeline and quality remain unaffected.

Other constraints are likely to be impacted as well.

Who would be considered a stakeholder in a project?

Only the project manager and the project team.

Only external regulatory bodies overseeing the project.

Any person or group affected by or influencing the project outcome.

Only the project sponsor providing financial support.

Which of the following statements about Return on Investment (ROI) is true?

A higher ROI always means a better investment.

ROI is the only factor needed to determine project viability.

ROI accounts for the time value of money.

ROI measures the project's profit relative to its initial investment.

Why is risk management an important factor in project evaluation?

To identify and mitigate potential project risks.

To increase the project's financial value.

To ensure regulatory approval.

To completely eliminate all risks.

Your project relies on a specific software program, but you're unsure about its compatibility with another vital tool. Which strategy is most appropriate?

Develop a contingency plan in case the tools are incompatible

Invest in testing and verification to confirm compatibility before moving forward

Choose alternative software with guaranteed compatibility, despite potential drawbacks

Proceed with the project, assuming compatibility issues will be minimal

What is the difference between risk probability and risk impact?

Both terms are interchangeable and mean the same thing.