INVESTMENTS AN INTRODUCTION 13TH
EDITION EXAMS SET COMPLETE
QUESTIONS AND ANSWERS EXPERT
VERIFIED
◉ agile or adaptive project management
Answer: An approach where the project scope cannot be defined
upfront, incremental releases are desired, and changes are expected.
◉ artifact
Answer: A template, document, output, or project deliverable.
◉ best practice
Answer: An optimal way recognized by industry to achieve a stated
goal or objective.
◉ ethics
Answer: A set of principals that guide our decision making based on
personal values of what is "right" and "wrong".
,◉ hybrid project management
Answer: A mixture or combination of predictive and agile
approaches to managing projects.
◉ leader
Answer: A person who focuses on long term goals and big picture
objectives, while inspiring people to reach those goals.
◉ manager
Answer: A person who deals with the day to day details of meeting
specific goals.
◉ megaproject
Answer: A very large project that typically costs over US $1 Billion,
affects over one million people, and lasts several years.
◉ method
Answer: The means for achieving an outcome, output, result, or
project deliverable.
◉ model
Answer: A thinking strategy to explain a process, framework, or
phenomenon.
,◉ net promoter score
Answer: A number that represents the customers willingness to
recommend a product or service to others.
◉ principles
Answer: Foundational guidelines for strategy, decision making, and
problem solving.
◉ portfolio
Answer: A collection of projects, programs, subsidiary portfolios,
and operations managed as a group to achieve strategic objectives.
◉ program
Answer: A group of related projects, subsidiary programs, and
program activities managed in a coordinated manner to obtain
benefits not available from managing them individually.
◉ program manager
Answer: A person who provides leadership and direction for the
project managers heading the projects within the program.
◉ project
, Answer: A temporary endeavor undertaken to create a unique
product, service, or result.
◉ project management
Answer: The application of knowledge, skills, tools, and techniques
to project activities to meet project requirements.
◉ project management process groups
Answer: "Initiating, Planning, Executing, Monitoring and Controlling,
and Closing"
◉ project manager
Answer: The person responsible for working with the project
sponsor, the project team, and the other people involved in a project
to meet project goals.
◉ project management institute (PMI)
Answer: International professional society for project managers.
◉ project management knowledge areas
Answer: Project integration management, scope, time, cost, quality,
human resource, communications, risk, procurement, and
stakeholder management.
EDITION EXAMS SET COMPLETE
QUESTIONS AND ANSWERS EXPERT
VERIFIED
◉ agile or adaptive project management
Answer: An approach where the project scope cannot be defined
upfront, incremental releases are desired, and changes are expected.
◉ artifact
Answer: A template, document, output, or project deliverable.
◉ best practice
Answer: An optimal way recognized by industry to achieve a stated
goal or objective.
◉ ethics
Answer: A set of principals that guide our decision making based on
personal values of what is "right" and "wrong".
,◉ hybrid project management
Answer: A mixture or combination of predictive and agile
approaches to managing projects.
◉ leader
Answer: A person who focuses on long term goals and big picture
objectives, while inspiring people to reach those goals.
◉ manager
Answer: A person who deals with the day to day details of meeting
specific goals.
◉ megaproject
Answer: A very large project that typically costs over US $1 Billion,
affects over one million people, and lasts several years.
◉ method
Answer: The means for achieving an outcome, output, result, or
project deliverable.
◉ model
Answer: A thinking strategy to explain a process, framework, or
phenomenon.
,◉ net promoter score
Answer: A number that represents the customers willingness to
recommend a product or service to others.
◉ principles
Answer: Foundational guidelines for strategy, decision making, and
problem solving.
◉ portfolio
Answer: A collection of projects, programs, subsidiary portfolios,
and operations managed as a group to achieve strategic objectives.
◉ program
Answer: A group of related projects, subsidiary programs, and
program activities managed in a coordinated manner to obtain
benefits not available from managing them individually.
◉ program manager
Answer: A person who provides leadership and direction for the
project managers heading the projects within the program.
◉ project
, Answer: A temporary endeavor undertaken to create a unique
product, service, or result.
◉ project management
Answer: The application of knowledge, skills, tools, and techniques
to project activities to meet project requirements.
◉ project management process groups
Answer: "Initiating, Planning, Executing, Monitoring and Controlling,
and Closing"
◉ project manager
Answer: The person responsible for working with the project
sponsor, the project team, and the other people involved in a project
to meet project goals.
◉ project management institute (PMI)
Answer: International professional society for project managers.
◉ project management knowledge areas
Answer: Project integration management, scope, time, cost, quality,
human resource, communications, risk, procurement, and
stakeholder management.
