32 Questions
What is the definition of a project?
A temporary endeavor undertaken to create a unique product, service, or result.
How is a project different from operations?
Operations are work done to sustain the business and are ongoing processes; projects are temporary and unique.
Why is attendance important at all events in the course?
Attendance is important as participation is necessary for success.
Where can students find course updates and changes?
Students can find updates on the course outline and reading slides on e-Centennial.
What is the triple constraint of project management?
Balancing project scope, time, and cost goals.
How is project success defined?
Meeting scope, time, and cost goals, satisfying the customer/sponsor, and achieving the project's main objective.
What are the five groups that project management processes fall into?
Initiating, Planning, Executing, Monitoring and Controlling, Closing.
Define project management as per the PMBOK® Guide, Fifth Edition, 2013.
The application of knowledge, skills, tools, and techniques to project activities to meet project requirements.
Why is project management considered essential for project activities?
To ensure project requirements are met efficiently and effectively.
What is the main objective of successful project management?
To satisfy the project's sponsor.
Why are project activities considered temporary?
Because a project has a unique purpose and a specific duration.
How do project managers contribute to project success?
By balancing project scope, time, and cost goals.
What are the two distinct uses of the term 'scope' in project management?
Project Scope and Product Scope
How is Project Scope different from Product Scope?
Project Scope is more work-oriented (the how's), while Product Scope is more oriented toward functional requirements (the what's).
What is Project Scope Management?
Project Scope Management is the management of the process required to ensure that a project includes all the necessary work for successful completion.
What is the first step in Project Scope Management?
Defining the needs of the project.
Explain the importance of defining activities in project management.
Defining activities is crucial as it involves identifying specific tasks team members need to perform to produce project deliverables, leading to realistic cost and duration estimates.
What is the purpose of sequencing activities in project management?
Sequencing activities helps in identifying and documenting relationships between project tasks, which is essential for determining dependencies and conducting critical path analysis.
Why is estimating activity resources important in project management?
Estimating activity resources helps in determining the number of people, equipment, and materials needed to perform project tasks effectively.
Describe the process of estimating activity durations in project management.
Estimating activity durations involves determining the number of work periods required to complete individual tasks.
Explain the significance of milestones in project management.
Milestones are important events without duration that help in setting schedule goals, monitoring progress, and marking significant achievements in the project.
What are activity attributes and how do they aid in project management?
Activity attributes provide additional details like predecessors, successors, resource requirements, and constraints, contributing to a more comprehensive understanding of project tasks.
How does controlling the schedule contribute to successful project management?
Controlling the schedule involves managing changes to the project timeline, ensuring adherence to planned activities and adjustments to keep the project on track.
Discuss the role of a Gantt chart in project planning and tracking.
A Gantt chart is used for planning and tracking project schedules, displaying activities, their sequence, and duration, aiding in visualizing project timelines and progress.
Define project scope management.
Project scope management involves defining and controlling what is or is not included in a project.
What is a deliverable in project management?
A deliverable is a product produced as part of a project, such as manufactured parts, planning documents, or meeting minutes.
Explain the importance of collecting requirements in project management.
Collecting requirements involves defining and documenting the features and functions of the products created during the project as well as the processes used for creating them.
What is the purpose of creating the Work Breakdown Structure (WBS) in project management?
The WBS is a deliverable-oriented grouping of the work involved in a project that defines the total scope of the project.
Explain the concept of decomposition in the context of project management.
Decomposition is subdividing project deliverables into smaller pieces.
What is a work package in project management?
A work package is a task at the lowest level of the Work Breakdown Structure (WBS).
Describe the iterative approach to defining requirements in project management.
It is important to use an iterative approach to defining requirements since they are often unclear early in a project.
What are the two PM Process Groups involved in Project Scope Management activities?
The two PM Process Groups involved are Planning and Monitoring and Controlling.
Learn about the triple constraint in project management and how project managers aim to balance scope, time, and cost goals. Explore the principles of successful project management based on meeting all three project requirements.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
