Podcast
Questions and Answers
A project is defined as a temporary endeavor undertaken to create a unique product, service, or result.
A project is defined as a temporary endeavor undertaken to create a unique product, service, or result.
True (A)
Operations Management focuses on temporary activities, while project management is concerned with ongoing production of goods and/or services.
Operations Management focuses on temporary activities, while project management is concerned with ongoing production of goods and/or services.
False (B)
Scope Management includes processes to ensure the project includes all required work, and some extra work, so that the project is completed successfully.
Scope Management includes processes to ensure the project includes all required work, and some extra work, so that the project is completed successfully.
False (B)
Risk Management involves processes for risk management planning, identification, analysis, response planning, response implementation, and monitoring risk on a project.
Risk Management involves processes for risk management planning, identification, analysis, response planning, response implementation, and monitoring risk on a project.
The 'Executing' process group involves defining the project’s objectives and scope, as well as determining the actions needed to achieve them.
The 'Executing' process group involves defining the project’s objectives and scope, as well as determining the actions needed to achieve them.
The Closing process group involves formally finalizing all project activities across all Process Groups.
The Closing process group involves formally finalizing all project activities across all Process Groups.
A critical component of project planning is creating goals that follow the ACRONYM SMART, where ACRONYM stands for achievable, repeatable, analytical, timely.
A critical component of project planning is creating goals that follow the ACRONYM SMART, where ACRONYM stands for achievable, repeatable, analytical, timely.
The Work Breakdown Structure (WBS) is a deliverable-oriented hierarchical decomposition of work, organizing and defining the total scope of the project.
The Work Breakdown Structure (WBS) is a deliverable-oriented hierarchical decomposition of work, organizing and defining the total scope of the project.
A Gantt chart is a textual report describing resource allocation and task dependencies within a project.
A Gantt chart is a textual report describing resource allocation and task dependencies within a project.
The Critical Path Method (CPM) identifies the shortest sequence of activities essential for completing the project on time.
The Critical Path Method (CPM) identifies the shortest sequence of activities essential for completing the project on time.
Flashcards
Project
Project
A temporary endeavor undertaken to create a unique product, service, or result.
Project Management
Project Management
Application of knowledge, skills, tools, and techniques to project activities to meet the project requirements.
Program
Program
A group of related projects managed in a coordinated way to obtain benefits and control.
Portfolio
Portfolio
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Stakeholder
Stakeholder
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Scope Management
Scope Management
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Schedule Management
Schedule Management
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Cost Management
Cost Management
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Scope (constraint)
Scope (constraint)
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Gantt Chart
Gantt Chart
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Study Notes
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