Solution

The correct answer is 

Key Points

• Project planning:
  • Project managers are responsible for creating a detailed project plan which includes defining project goals, establishing tasks and timelines, deciding upon project resources, setting budget and outlining project communication strategy.
• Project status tracking:
  • A key responsibility of a project manager is to track the progress of the project against its planned objectives. They need to ensure things are staying on track and to update stakeholders on the project's progress and changes.
• Resource management:
  • Project managers allocate resources (which can be team members, tools, technology, budget, and time) to the various tasks and roles involved in a project. They ensure the optimal use of resources to accomplish the project goals.
• Risk management:
  • Part of a project manager's job is to identify potential risks in the project and plan mitigation or contingency strategies, and manage and control the risks if they occur.
• Project delivery within time & budget:
  • Project managers are responsible for ensuring that projects are delivered within the scope, timeline, and budget defined during the planning phase. They need to manage any changes required to keep the project on track.

Hence, all the statements are part of the responsibilities of a software project manager.

Additional Information

• Stakeholder management:
  • Project managers are responsible for communicating with stakeholders to keep them informed about the project's progress and to manage their expectations. This may involve negotiating with stakeholders to address their concerns and ensure their needs are met.
• Quality management:
  • They need to ensure the outputs of the project meet the required quality standards. This includes setting up appropriate procedures and controls for quality assurance.
• Change management:
  • During a project, change is inevitable. A project manager handles requested changes and their impact on the project in an organized way to avoid any chaos and unnecessary disruptions.
• Conflict Resolution:
  • Conflicts or disagreements may arise among team members or different stakeholders. The project manager must mediate and resolve these disputes to maintain a smooth workflow.
• Project closure:
  • At the end of a project, the project manager is responsible for closing out all aspects of the project, including conducting post-project evaluation, releasing project resources, and ensuring all project documentation is finalized and stored.
• Learning and Development:
  • It's essential for project managers to encourage continuous learning within the project team, from both successes and failures, and to instill best practices for future projects. They should also be focused on their own professional development to keep up with new project management trends and techniques.