MAN 4583 QUESTIONS AND VERIFIED ANSWERS
What is a project? - Answers - A temporary endeavor that has a specific and unique
goal, and usually a budget
Has an end goal: Product/Service/Outcome/Scheduling System
Has a budget
Operations - Answers - Work that's the same day after day, producing the same results
Ex: Admitting patients into the hospital
What is project management? - Answers - Answers several questions:
What problem are you solving?
How are you going to solve it?
What's your plan for getting the project done?
How can you tell when you are done?
How well did the project go?
Role of project manager - Answers - Skills
Technical
Business expertise
Problem-solving
Interpersonal
Leadership
Sphere of Influence - Answers - Are the people in your network with whom your option
holds some weight.
Could be friends, peers, coworkers, or management
Project management's sphere of influence - Answers - closes- to the farthest sphere of
influence
You
Project team- people you share information with
Sponsors/Suppliers/Shareholders- found & make decisions
Waterfall Project Management - Answers - When each process group occurs one after
another, works best when goals are clearly defined
Project is:
,Simplicity
Low risk
Familiar technology
Experienced resources
Clear solution of the project
Agile Project Management - Answers - A project where you figure out as you go
Iterations produce deliverables at regular intervals
Value delivered sooner
more customer involvement
Small independent team
Developt a detailed plan for each iteration
Monitoring/controlling more closely
Nonclear soluton of the project
Triple constraint concept - Answers - Cost/Schedule/Scope/ (Triangle)
Quality (Middle)
If you increase the need or importance of one, the others get stressed and need
attention too
Program - Answers - Related projects, subsidiary programs, and program activities that
are managed in a coordinated manner to obtain benefits not available from managing
them individually
Portfolio - Answers - Projects, programs, subsidiary portfolios, and operations managed
as a group to achieve strategic objectives
Directly aligned with the organization's strategic goals
Project management life cycle - Answers - Process Groups:
Initiating
Planning
Executing
Monitoring and Controlling
Closing
Initiating - Answers - Define your project, assess scope, resources needed, identify
stakeholders, ask for approval
Planning - Answers - Answers
, What are we going to do?
How are we going to do it?
How will we know when it's done?
Executing - Answers - Launch project, put the plan into action
Monitoring and Controlling - Answers - Check progress of project
Compare to what was planned- is it off track?
Closing Process - Answers - Get client to accept project is complete
Document project performance
Close contracts
Help resources move to next assignment
Knowledge Area - Answers - Collection of processes- with their own inputs, outputs,
and tools and techniques- that must be completed for project success
Tailoring - Answers - Determining the appropriate combination of processes, inputs,
tools, techniques, outputs, and life cycle phases to manage a project
Methodology - Answers - A system of practices, techniques, procedures, and rules used
by those who work in a discipline
Project Success - Answers - Answers:
What does success look like?
How will success be measured?
What factors may impact success?
Hierarchy Organizational Structure - Answers - PM has almost no authority
Functional manager in charge of budget
Resources do not report to PM
PM has divided responsibilities: project & work
Matrix Organizational Structure - Answers - PM has some authority
Resources report to functional and project managers
PM and staff work full time in a strong matrix
3 types of matrix: weak, balanced, strong
Projectized Organizational Structure - Answers - PM has almost complete authority
Resources are dedicated to a project
PM and admin staff work full time
What is a project? - Answers - A temporary endeavor that has a specific and unique
goal, and usually a budget
Has an end goal: Product/Service/Outcome/Scheduling System
Has a budget
Operations - Answers - Work that's the same day after day, producing the same results
Ex: Admitting patients into the hospital
What is project management? - Answers - Answers several questions:
What problem are you solving?
How are you going to solve it?
What's your plan for getting the project done?
How can you tell when you are done?
How well did the project go?
Role of project manager - Answers - Skills
Technical
Business expertise
Problem-solving
Interpersonal
Leadership
Sphere of Influence - Answers - Are the people in your network with whom your option
holds some weight.
Could be friends, peers, coworkers, or management
Project management's sphere of influence - Answers - closes- to the farthest sphere of
influence
You
Project team- people you share information with
Sponsors/Suppliers/Shareholders- found & make decisions
Waterfall Project Management - Answers - When each process group occurs one after
another, works best when goals are clearly defined
Project is:
,Simplicity
Low risk
Familiar technology
Experienced resources
Clear solution of the project
Agile Project Management - Answers - A project where you figure out as you go
Iterations produce deliverables at regular intervals
Value delivered sooner
more customer involvement
Small independent team
Developt a detailed plan for each iteration
Monitoring/controlling more closely
Nonclear soluton of the project
Triple constraint concept - Answers - Cost/Schedule/Scope/ (Triangle)
Quality (Middle)
If you increase the need or importance of one, the others get stressed and need
attention too
Program - Answers - Related projects, subsidiary programs, and program activities that
are managed in a coordinated manner to obtain benefits not available from managing
them individually
Portfolio - Answers - Projects, programs, subsidiary portfolios, and operations managed
as a group to achieve strategic objectives
Directly aligned with the organization's strategic goals
Project management life cycle - Answers - Process Groups:
Initiating
Planning
Executing
Monitoring and Controlling
Closing
Initiating - Answers - Define your project, assess scope, resources needed, identify
stakeholders, ask for approval
Planning - Answers - Answers
, What are we going to do?
How are we going to do it?
How will we know when it's done?
Executing - Answers - Launch project, put the plan into action
Monitoring and Controlling - Answers - Check progress of project
Compare to what was planned- is it off track?
Closing Process - Answers - Get client to accept project is complete
Document project performance
Close contracts
Help resources move to next assignment
Knowledge Area - Answers - Collection of processes- with their own inputs, outputs,
and tools and techniques- that must be completed for project success
Tailoring - Answers - Determining the appropriate combination of processes, inputs,
tools, techniques, outputs, and life cycle phases to manage a project
Methodology - Answers - A system of practices, techniques, procedures, and rules used
by those who work in a discipline
Project Success - Answers - Answers:
What does success look like?
How will success be measured?
What factors may impact success?
Hierarchy Organizational Structure - Answers - PM has almost no authority
Functional manager in charge of budget
Resources do not report to PM
PM has divided responsibilities: project & work
Matrix Organizational Structure - Answers - PM has some authority
Resources report to functional and project managers
PM and staff work full time in a strong matrix
3 types of matrix: weak, balanced, strong
Projectized Organizational Structure - Answers - PM has almost complete authority
Resources are dedicated to a project
PM and admin staff work full time
