Project Management Study guides, Class notes & Summaries

Solved Project Management Exam 3 |Question and Answer| 100% Correct project *Answer* a temporary endeavor undertaken to create a unique product, service, or result Operations *Answer* work done to sustain the business project sponsor *Answer* usually provides the direction and funding for the project project manager *Answer* works with project sponsors, project team, and other people involved in a project to meet project goals program *Answer* group of related projects managed in a c...

#1 Advanced Project Management EXAM MANUAL [UPDATED] Project management is generally appropriate: *Answer* When the work effort is complex, unique, and uncertain The purpose of project management is to *Answer* Manage a system of tasks, resources, people and organizations to accomplish a project goal The ____________ manager is the person who brings together all efforts to meet project objectives. *Answer* project A project is defined as a _______ activity, having a single, definable...

Project Management [Chapters 1-8] Exam Review with 100% Correct Answers |Graded A+| The advent of project management has been most profound in: A) Automobile manufacturing B) Construction C) Information technology D) The U.S. Department of Defense E) Film making *Answer* C) Information technology Which of the following is not considered to be a characteristic of a project? A) An established objective B) A clear beginning and end C) Complex tasks D) Only for internal use E) Never ...

Solved Modern Project Management (Chapter 1) Exam |Question and Answer| 100% Correct A professional organization for project management specialists is the A. PMI. B. AMA. C. MIS. D. IPM. E. PMBOK. *Answer* A. PMI Which of the following is NOT considered to be a characteristic of a project? A. An established objective B. A clear beginning and end C. Specific time, cost and performance requirements D. For internal use only E. Something never been done before *Answer* D. For intern...

Latest Software Project Management Exam Study Set [100% Correct] |Question and Answer| What characterises projects? Unique, mixed elements, life cycle, limited resources, goal oriented What is a project? A temporary endeavor undertaken to create a unique product, service or result Difference between projects & operations? Projects are unique, operations are repetitive Why do projects fail? - Changes in scope mid-project - Poor estimates in planning - Insufficient resources - Weak ...

PROJECT MANAGEMENT KEY TERMS EXAM GUIDE |Question and Answer| 100% Correct balanced matrix *Ans* a matrix structure in which the project manager and functional managers share roughly equal authority over the project. The project manager decides what needs to be done; functional managers are concerned with how it will be accomplished dedicated project team *Ans* an organizational structure in which all of the resources needed to accomplish a project are assigned full time to the proje...

Revised Project Management |UPDATED| 100% Correct Project management today is: *Answer* a flexible method for managing large or small endeavors. What are the three primary objectives of projects? *Answer* Stay within budget, within time constraints, within scope The two primary tasks of the Project Manager are what? *Answer* Managing tradeoffs and anticipating and addressing risks to the project. A universal characteristic of all projects is that projects are: *Answer* unique If the ...

PM/350T: Organizational Project Management Final Exam |Question and Answers| 100% Correct Why do project managers use project management methodology? *Ans* To achieve project objectives that create value for the organization What are the phases of a typical project? *Ans* Initiate, Plan, Execute, and Close What does the gating process refer to? *Ans* A point in the project where deliverables are reviewed against plan and approved prior to moving on the next phase or stage Which state...

INTRODUCTION TO PROJECT MANAGEMENT Verified Exam |Question and Answer| #latest What is a project? *Answer* -has a unique purpose -is a temporary endeavor -has a beginning and an end -is developed using progressive elaboration -requires resources, often from various areas -should have a primary customer or sponsor A project is a way to create... *Answer* -a product -an improvement -a service -a result Portfolio *Answer* a collection of projects, programs, and operations managed as ...

Chapter 3: Project Management Exam Guide |Question and Answer| 100% Correct Project Management (importance) *Answer* time-based completion and achievement of quality standards Three Phases *Answer* planning scheduling controlling Project Organization *Answer* formed to ensure that programs (projects) receive the proper management and attention Projects *Answer* related tasks directed to a major output Work Breakdown Structure (WBS) *Answer* hierarchical framework that involves bre...