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Questions and Answers
Which of the following is NOT one of the five process groups in project management?
Which of the following is NOT one of the five process groups in project management?
- Evaluating (correct)
- Closing
- Executing
- Planning
What is an example of a project in the context of project management?
What is an example of a project in the context of project management?
- Regular maintenance of company equipment
- Typical holiday events planning
- Developing a new product (correct)
- Daily operational tasks
Which process group focuses primarily on ensuring that project objectives are being met and performance is tracked?
Which process group focuses primarily on ensuring that project objectives are being met and performance is tracked?
- Planning
- Initiating
- Closing
- Monitoring and Controlling (correct)
Which of the following activities is LEAST likely to be classified as a project?
Which of the following activities is LEAST likely to be classified as a project?
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What is one of the primary objectives when developing a project?
What is one of the primary objectives when developing a project?
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Study Notes
What is a Project?
- A project is a temporary endeavor undertaken to create a unique product, service, or result.
The Five Process Groups
- Initiating: Defines and authorizes the project.
- Planning: Develops the project plan.
- Executing: Carries out the work defined in the project plan.
- Monitoring and Controlling: Tracks progress and manages changes to the project.
- Closing: Finalizes the project and delivers the project outcomes.
Examples of Projects
- Developing a new product, service, or result
- Effecting a change in the structure, processes, staffing, or style of an organization
- Developing or acquiring a new or modified information system (hardware or software)
- Conducting a research effort whose outcome will be aptly recorded
- Constructing a building, industrial plant, or infrastructure
- Implementing, improving, or enhancing existing business processes and procedures
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