Six Sigma Global Institute (SSGI) Project Management Professional Certification Practice Exam

What term is used to indicate whether a project is likely to achieve its objectives?

1. Feasibility

2. Project Budget

3. Timeline

4. Quality Control

The correct answer is: Feasibility

The term that indicates whether a project is likely to achieve its objectives is "feasibility." Feasibility refers to the assessment of how viable and practical a project is, considering various factors such as technical requirements, economic constraints, legal implications, and operational needs. It evaluates whether the project's goals can realistically be met based on the available resources and conditions. In project management, conducting a feasibility study helps stakeholders understand the potential risks and benefits associated with undertaking the project. It also aids in making informed decisions about resource allocation and project initiation, ensuring that time and effort are invested in projects that have a high likelihood of success. The other options do not directly assess a project's ability to achieve its objectives. The project budget is concerned with financial aspects and resource allocation; the timeline relates to scheduling and deadlines but does not measure outcomes; and quality control focuses on maintaining standards in the project's deliverables rather than evaluating overall objective achievement.