PM/350T: Organizational Project Management Final Exam |Question and Answers| 100% Correct

PM/350T: Organizational Project Management Final Exam |Question and Answers| 100% Correct Why do project managers use project management methodology? *Ans* To achieve project objectives that create value for the organization What are the phases of a typical project? *Ans* Initiate, Plan, Execute, and Close What does the gating process refer to? *Ans* A point in the project where deliverables are reviewed against plan and approved prior to moving on the next phase or stage Which statement below is true? *Ans* OPAs are internal assets that may influence project management. Which statement regarding project management processes is true? *Ans* Each of the 49 processes is naturally categorized into one of five process groups