7 A key difference between crashing and fast-tracking a project schedule is: a) Crashing shortens the schedule by adding resources; fast-tracking does so by overlapping tasks b) Crashing involves outsourcing; fast-tracking involves stakeholder buy-in c) Crashing increases risk; fast-tracking reduces cost d) Crashing only applies to scope changes; fast-tracking only applies to cost Question 8 What tool visually represents a project schedule and task dependencies? a) Work Breakdown Structure (WBS) b) Risk Matrix c) Gantt Chart d) Communication Plan Question 9 Which document is used to outline roles, timelines, and objectives for a project team? a) Project Charte b) Procurement Plan c) Stakeholder Matrix d) Budget Plan Question 10 What is the primary goal of project risk management? a) To eliminate all potential risks before the project starts b) To identify, assess, and develop responses for potential risks c) To transfer all risks to external vendors d) To ensure no unexpected changes occur during the project Question 11 Which phase of the project life cycle focuses on monitoring progress and making adjustments? a) Planning b) Monitoring and Controlling c) Execution d) Initiation Question 12 At which phase do you officially close the project and document lessons learned? a) Initiation