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Exam (elaborations)

PMBOK 7th Edition answers and questions (100% correct)

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Estimate -ANSWER- A quantitative assessment of the likely amount or outcome of a variable, such as project costs, resources, effort or durations. Close -ANSWER- The project is closed, project knowledge and artifacts are archived, project team members are released and contracts are closed. Deploy -ANSWER- Project deliverables are put into use and transitional activities required for sustainment, benefits, realization, and organizational change management are completed. Test -ANSWER- Final quality review and inspection of deliverables are carried out before transition, go-live or acceptance by the customer. Build -ANSWER- Construction of the deliverable with integrated quality assurance activities is conducted. Design -ANSWER- Planning and analysis lead to the design of the project deliverable that will be developed. Feasibility -ANSWER- Phase that determines if the business case is valid and if the organization has the capability to deliver the intended outcomes. Project Life Cycle -ANSWER- The series of phases that a project passes through from its start to its completion. Project Phase -ANSWER- A collection of logically related project activities that culminates in the completion or one or more deliverables. Cadence -ANSWER- A rhythm of activities conducted throughout the project. Development Approach -ANSWER- A method used to create and evolve the product, service or result during the project life cycle, such as predictive, iterative, incremental, adaptive or hybrid method. Deliverable -ANSWER- Any unique and verifiable product, result, or capability to perform a service that is required to be produce to complete a process, phase or project. Emotional Intelligence -ANSWER- The ability to recognize our own emotions and those of others. This information is used to guide thinking and behavior. Recognition of personal feelings, empathy for the feelings of others, and the ability to act appropriately are the cornerstones for effective communication, collaboration and leadership. High-Performing Project Teams -ANSWER- Open communication, shared understanding, trust, collaboration, adaptability, resilience, empowerment, recognition. Pull Communication -ANSWER- Information sought by the stakeholder, such as a project team member going to an intranet to find policies or templates, running internet searches, and using online repositories. Pulling info is used for indirect sensing of stakeholder concerns. Push Communication -ANSWER- Sent to stakeholders such as memos, emails, status reports, voicemail. Used for one-way communication with individual stakeholders or groups of stakeholders. Inhibits the ability to immediately gauge reaction and assess understanding; therefore, it should be used deliberately. Stakeholder Analysis -ANSWER- A method of systematically gathering and analyzing quantitative and qualitative information to determine whose interests should be taken into account throughout the project. Stakeholder -ANSWER- An individual, group, or organization that may affect, be affected by or perceive itself to be affected by a decision, activity, or outcome of a project, program or portfolio. Project Performance Domains -ANSWER- Stakeholders, team, development approach and lifecycle, planning, project work, delivery, measurement, and uncertainty. Project Management Values -ANSWER- Responsibility, Respect, Fairness, Honesty Governance Docu

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PMBOK 7TH EDITION
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PMBOK 7TH EDITION

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