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Questions and Answers
Which of the following is an example of an IT project?
What is a primary constraint that project managers must consider?
In project management, which constraint is NOT typically prioritized?
What might happen if a project's constraints are not balanced effectively?
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Which aspect is critical for experienced project managers when handling constraints?
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What type of project is indicated by the acquisition of financial institutions by a global bank?
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Why is it important to consider project constraints in detail?
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What is a potential consequence of failing to manage project time constraints?
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What is the primary role of project integration management in project management?
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Which knowledge area involves managing and estimating the time it will take to complete project work?
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What does project quality management primarily ensure?
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What primarily defines project management?
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Which of the following is NOT a component of project cost management?
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Who falls under the definition of project stakeholders?
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Which of the following responsibilities is NOT typically associated with project managers?
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What is the focus of project stakeholder management?
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Which knowledge area addresses the risk of the project?
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What is a crucial aspect of project management that involves stakeholder interaction?
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Which of the following describes the role of the project sponsor?
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What does project communications management primarily involve?
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Which of the following statements about project resource management is accurate?
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In the project management context, which factor is a critical constraint along with scope, schedule, and cost?
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What is NOT a function of project management?
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How do stakeholder expectations influence project management?
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Which value is prioritized according to the Agile Manifesto?
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What is the highest priority in agile practices?
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What is emphasized about changing requirements in agile practices?
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According to agile principles, how should developers and business people interact?
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What does agile promote concerning software delivery?
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What is the most efficient method of communication within a development team according to agile principles?
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What is considered the primary measure of progress in agile development?
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What should motivate individuals in agile project teams?
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What is one of the main purposes of project management tools and techniques?
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Which item is commonly used in predictive project management?
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How is the value of a project typically determined?
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What is an indicator of project success related to customer satisfaction?
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Which of the following is NOT typically included in the tools for predictive project management?
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What must a project meet to be considered successful?
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Which of the following tools is specifically used in Agile project management?
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What is a characteristic of project success concerning stakeholders?
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Study Notes
Examples of IT Projects
- A team of students can create a smartphone application and sell it online.
- A company can develop a driverless car.
- A government group can develop a system to track child immunizations.
- A global bank can acquire other financial institutions and need to consolidate systems and procedures.
Project Constraints
- Every project is constrained in different ways.
- Experienced project managers know which constraints are most important on each project.
- Constraints include scope, schedule, cost, and resources.
The Triple Constraint of Project Management
- The triple constraint is a framework that helps project managers understand the relationships between scope, schedule, and cost.
- It shows how changes or additions to one area can affect other aspects.
- Changes to the scope can influence time and cost and can result in a project becoming bigger.
What is Project Management?
- Project management applies knowledge, skills, and techniques in project activities to meet requirements.
- Project managers must meet specific scope, schedule, cost, resource, risk, and quality requirements.
- They must also facilitate the entire process to meet the needs of the people involved in the project.
- Project managers must be able to meet the expectations of stakeholders.
Project Stakeholders
- Stakeholders are people involved in or affected by project activities.
- They can include project sponsors, project managers, the project team, support staff, and customers.
Project Management Process Groups and Knowledge Areas
- Project integration management coordinates the work of all other knowledge areas.
- Project scope management defines and gains agreement for the work required to complete the project.
- Project schedule management estimates how long it will take to complete the project and ensures timely completion.
- Project cost management prepares and manages the budget for the project.
- Project quality management ensures that the project will meet its stated or implied needs.
Project Management Process Groups and Knowledge Areas (continued)
- Project resource management makes effective use of people and physical resources for the project.
- Project communications management generates, collects, disseminates, and stores project information.
- Project risk management identifies, analyzes, and responds to project risks.
- Project procurement management acquires goods and services from outside the performing organization.
- Project stakeholder management identifies, understands, and engages stakeholders throughout the project.
Project Management Tools and Techniques
- Project management tools and techniques assist project managers and their teams in carrying out work.
- Many predictive projects require project charters, scope statements, Gantt charts, kick-off meetings, and progress reports.
- Agile projects often require product roadmaps, backlogs, burndown charts, and retrospectives.
Project Success
- A successful project provides value, meets scope, schedule, and cost goals, and satisfies the customer or sponsor.
Principles behind the Agile Manifesto
- The Agile Manifesto values individuals and interactions over processes and tools.
- It prioritizes working software over comprehensive documentation.
- It highlights customer collaboration over contract negotiation.
- Agile processes welcome changing requirements and adapt to change.
What is an Agile Mindset?
- The Agile mindset focuses on values, beliefs, and principles before following specific frameworks or processes.
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Description
Explore the key concepts of project management, including examples of IT projects and understanding constraints. Learn about the triple constraint framework which connects scope, schedule, and cost, and how it impacts project success.
