Organizational Process Assets in Project Management

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Questions and Answers

Which of the following is NOT considered as an organizational process asset?

  • Completed schedules
  • Lessons learned
  • Project budget (correct)
  • Formal plans

What type of information can be found in organizational process assets?

  • Completed schedules (correct)
  • Upcoming plans
  • Customer complaints
  • Employee attendance records

Which of the following is an example of an organizational process asset related to knowledge management?

  • Employee work schedules
  • Lessons learned database (correct)
  • Project budget estimates
  • Customer survey results

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Study Notes

Organizational Process Assets

  • An organizational process asset is a type of information that is used to support the project management process.
  • It is not a project management process itself, but rather a tool to facilitate the process.

Characteristics of Organizational Process Assets

  • They are not part of the project management process.
  • They are not a specific type of project management process or tool.

Examples of Organizational Process Assets

  • Processes, policies, and procedures of the organization.
  • Lessons learned from previous projects.
  • Information from previous projects, such as project files, documents, and databases.
  • Proprietary knowledge, such as business knowledge, industry knowledge, and technical knowledge.

Knowledge Management

  • Organizational process assets related to knowledge management include lessons learned, best practices, and expertise.
  • This type of asset is used to share knowledge and expertise across the organization.
  • Examples of knowledge management assets include knowledge repositories, expert systems, and knowledge-sharing platforms.

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