BUS 395 Cal Poly Midterm 1 (Ch.1-Ch.6) McQuaid Questions With Correct Answers

best practice - Answer An optimal way recognized by industry to achieve a stated goal or objective critical path - Answer The longest path through a network diagram that determines the earliest completion of a project enterprise project management software - Answer • Software that integrates information from multiple projects to show the status of active, approved, and future projects across an entire organization; also called portfolio project management software Gantt chart - Answer A standard format for displaying project schedule information by listing project activities and their corresponding start and finish dates in a calendar format program - Answer A group of projects managed in a coordinated way to obtain benefits and control not available from managing them individually 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 Institute (PMI) - Answer An international professional society for project managers Project Management Office (PMO) - Answer An organizational group responsible for coordinating the project management functions throughout an organization Project Management Professional (PMP) - Answer Certification provided by PMI that requires documenting project experience and education, agreeing to follow the PMI code of ethics, and passing a comprehensive exam project management tools and techniques - Answer Methods available to assist project managers and their teams; some popular tools in the time management knowledge area include Gantt charts, network diagrams, and critical path analysis portfolio management - Answer When organizations group and manage projects as a portfolio of investments that contribute to the entire enterprise's success project sponsor - Answer The person who provides the direction and funding for a project stakeholders - Answer People involved in or affected by project activities triple constraint - Answer Balancing scope, time, and cost goal virtualization - Answer Hiding the physical characteristics of computing resources from their users, such as making a single server, operating system, application, or storage device appear to function as multiple virtual resources  adaptive software development (ASD) - Answer A software development approach used when requirements cannot be clearly expressed early in the life cycle agile software development - Answer A method for software development that uses new approaches, focusing on close collaboration between programming teams and business experts champion - Answer A senior manager who acts as a key proponent for a project deliverable - Answer A product or service, such as a technical report, a training session, a piece of hardware, or a segment of software code, produced or provided as part of a project functional organizational structure - Answer An organizational structure that groups people by functional areas such as information technology, manufacturing, engineering, and human resources human resources frame - Answer Focuses on producing harmony between the needs of the organization and the needs of people kill point - Answer Management review that should occur after each project phase to determine if projects should be continued, redirected, or terminated; also called a phase exit matrix organizational structure - Answer An organizational structure in which employees are assigned to both functional and project managers organizational culture - Answer A set of shared assumptions, values, and behaviors that characterize the functioning of an organization political frame - Answer Addresses organizational and personal politics predictive life cycle - Answer A software development approach used when the scope of the project can be clearly articulated and the schedule and cost can be accurately predicted project acquisition - Answer The last two phases in a project (implementation and close-out) that focus on delivering the actual work project feasibility - Answer The first two phases in a project (concept and development) that focus on planning project life cycle - Answer A collection of project phases, such as concept, development, implementation, and close-out structural frame - Answer Deals with how the organization is structured (usually depicted in an organizational chart) and focuses on different groups' roles and responsibilities to meet the goals and policies set by top management symbolic frame - Answer Focuses on the symbols, meanings, and culture of an organization systems - Answer Sets of interacting components working within an environment to fulfill some purpose systems analysis - Answer A problem-solving approach that requires defining the scope of the system to be studied and then dividing it into its component parts for identifying and evaluating its problems, opportunities, constraints, and needs