37 Questions
What does the Project Management Institute estimate for the demand of project management jobs from 2010 to 2020?
15.7 million
What was the percentage increase in worldwide IT spending from 2013 to 2014?
3.2 percent
Which organization plays a significant role in advancing project management software?
Project Management Institute (PMI)
What was the average salary in the U.S. in 2013 according to PMI's salary survey?
$90,000
What is the main focus of the triple constraint of project management?
Time, Cost, Scope
Why do many organizations today have an increased interest in project management?
To improve enterprise success
What is the average annual salary for someone in the project management profession in Australia?
$134,658
What are the top skills that employers look for in new college graduates related to project management?
Team-work, decision-making, problem-solving, and verbal communications
What percentage of IT projects were successful in meeting scope, time, and cost goals according to a 1995 Standish Group study?
16.2%
In which country is the average annual salary for someone in the project management profession the lowest?
Egypt
How much do organizations waste for every $1 billion spent on projects according to PMI’s Pulse of the Profession report?
$109 million
What percentage of corporations consistently meet their targets for scope, time, and cost goals for all types of project according to PricewaterhouseCoopers?
2.5%
What is the purpose of grouping and managing projects and programs as a portfolio of investments?
To help organizations make strategic investment decisions
Which factor is NOT cited as a key element for companies to excel in project delivery capability?
Emphasizing emotional maturity in teams
What is a program?
A group of related projects managed together for added benefits
What does a program manager provide within a program?
Leadership and direction to project managers
What does Robert Butrick suggest organizations need to follow as basic principles of project management?
Drive projects based on strategy
What is considered a best practice in project management according to the text?
Following industry-recognized optimal ways to achieve goals
What is the main responsibility of a Project Management Office (PMO)?
Coordinating the project management function throughout an organization
Which was considered the first project to use 'modern' project management techniques?
The Manhattan Project
What is the primary purpose of a Project Manager in projects?
Coordinating project activities to meet project requirements
What is a key role of the Project Management Institute (PMI)?
Providing professional certification for project managers
What are the three main categories of project management tools according to the text?
Low-end, midrange, high-end
What is a Program in the context of project management?
A group of related projects managed in a coordinated way
Why is talent development for project and program managers a top concern for organizations?
Due to the growth in project complexity and number of projects
What is one of the key metrics related to project management mentioned in the text?
'Benefits realization of projects'
'Project portfolio management' involves:
'Organizing and managing projects as a portfolio of investments'
What is the main purpose of a project?
To create a temporary endeavor
What differentiates projects from operations?
Projects are temporary, while operations are ongoing to sustain the business
What is the role of a project sponsor?
To provide direction and funding for the project
What is the focus of program managers?
Obtaining benefits from managing projects individually
What does project management entail?
Using tools and techniques to meet project requirements
Who are considered stakeholders in a project?
Project sponsor, opponents to the project, and users
What do project managers strive to meet in terms of constraints?
Scope, time, and cost constraints (triple constraint)
What characterizes 'Super tools' in project management?
Tools that have high use and high potential for improving project success
According to the Standish Group's CHAOS studies, what trend was seen in the number of successful IT projects over the past decade?
A significant increase in successful IT projects
How is project success typically defined?
Meeting scope, time, and cost goals, and satisfying stakeholders' needs
Learn about the importance of project management in the context of information technology projects. Explore what defines a project, examples of IT projects, project attributes, and the triple constraint concept. Delve into project management elements like stakeholders and the project management framework.
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