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
  • 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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    Description

    Test your knowledge on organizational process assets and their role in influencing a project's success. Learn about formal and informal plans, policies, procedures, knowledge bases, and other assets that contribute to project management.

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