Project Management Fundamentals
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Questions and Answers

Which of the following is an example of an IT project?

  • Creating a smartphone application and selling it online (correct)
  • Developing a new marketing strategy
  • Conducting a market research survey
  • Launching a new advertising campaign

    • What is a primary constraint that project managers must consider?

  • The project timeline (correct)
  • The color palette of the project's branding
  • The amount of team spirit
  • The office layout

    • In project management, which constraint is NOT typically prioritized?

  • Time
  • Cost
  • Employee morale (correct)
  • Quality

    • What might happen if a project's constraints are not balanced effectively?

    <p>Cost could increase and quality might suffer</p> Signup and view all the answers

    Which aspect is critical for experienced project managers when handling constraints?

    <p>Determining which constraints are most important</p> Signup and view all the answers

    What type of project is indicated by the acquisition of financial institutions by a global bank?

    <p>A technical infrastructure consolidation</p> Signup and view all the answers

    Why is it important to consider project constraints in detail?

    <p>To ensure additional costs are minimized while maintaining quality</p> Signup and view all the answers

    What is a potential consequence of failing to manage project time constraints?

    <p>Delays in project delivery</p> Signup and view all the answers

    What is the primary role of project integration management in project management?

    <p>To coordinate the work of all other knowledge areas</p> Signup and view all the answers

    Which knowledge area involves managing and estimating the time it will take to complete project work?

    <p>Project schedule management</p> Signup and view all the answers

    What does project quality management primarily ensure?

    <p>The project satisfies stated or implied needs</p> Signup and view all the answers

    What primarily defines project management?

    <p>The application of knowledge, skills, tools, and techniques to meet project requirements</p> Signup and view all the answers

    Which of the following is NOT a component of project cost management?

    <p>Conducting risk assessments</p> Signup and view all the answers

    Who falls under the definition of project stakeholders?

    <p>Anyone impacted by or involved in project activities</p> Signup and view all the answers

    Which of the following responsibilities is NOT typically associated with project managers?

    <p>Performing all tasks alone</p> Signup and view all the answers

    What is the focus of project stakeholder management?

    <p>Identifying and understanding stakeholder needs</p> Signup and view all the answers

    Which knowledge area addresses the risk of the project?

    <p>Project risk management</p> Signup and view all the answers

    What is a crucial aspect of project management that involves stakeholder interaction?

    <p>Facilitating the project process to meet the needs of stakeholders</p> Signup and view all the answers

    Which of the following describes the role of the project sponsor?

    <p>To provide support and resources for the project</p> Signup and view all the answers

    What does project communications management primarily involve?

    <p>Generating and storing project information</p> Signup and view all the answers

    Which of the following statements about project resource management is accurate?

    <p>It focuses on optimizing both people and physical resources</p> Signup and view all the answers

    In the project management context, which factor is a critical constraint along with scope, schedule, and cost?

    <p>Quality</p> Signup and view all the answers

    What is NOT a function of project management?

    <p>Ensuring the project scope is never altered</p> Signup and view all the answers

    How do stakeholder expectations influence project management?

    <p>They shape project requirements and management strategies</p> Signup and view all the answers

    Which value is prioritized according to the Agile Manifesto?

    <p>Customer collaboration</p> Signup and view all the answers

    What is the highest priority in agile practices?

    <p>Satisfying the customer</p> Signup and view all the answers

    What is emphasized about changing requirements in agile practices?

    <p>They are welcomed even late in development.</p> Signup and view all the answers

    According to agile principles, how should developers and business people interact?

    <p>They must work together daily throughout the project.</p> Signup and view all the answers

    What does agile promote concerning software delivery?

    <p>Promoting sustainable development.</p> Signup and view all the answers

    What is the most efficient method of communication within a development team according to agile principles?

    <p>Face-to-face conversation</p> Signup and view all the answers

    What is considered the primary measure of progress in agile development?

    <p>Working software</p> Signup and view all the answers

    What should motivate individuals in agile project teams?

    <p>A supportive environment and trust</p> Signup and view all the answers

    What is one of the main purposes of project management tools and techniques?

    <p>To assist in carrying out work in all ten knowledge areas</p> Signup and view all the answers

    Which item is commonly used in predictive project management?

    <p>Gantt charts</p> Signup and view all the answers

    How is the value of a project typically determined?

    <p>Through assessing the project’s worth and usefulness</p> Signup and view all the answers

    What is an indicator of project success related to customer satisfaction?

    <p>Net promoter score</p> Signup and view all the answers

    Which of the following is NOT typically included in the tools for predictive project management?

    <p>Retrospectives</p> Signup and view all the answers

    What must a project meet to be considered successful?

    <p>Scope, schedule, and customer satisfaction goals</p> Signup and view all the answers

    Which of the following tools is specifically used in Agile project management?

    <p>Backlogs</p> Signup and view all the answers

    What is a characteristic of project success concerning stakeholders?

    <p>Customer/sponsor satisfaction is essential</p> Signup and view all the answers

    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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    Related Documents

    IT Project Management - Online Class PDF

    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.

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