Certified Texas Contract Manager Study
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Three major reasons projects fail - Answer✔Managerial support
Lack of organizational commitment
Communication breakdowns
Three primary activities affecting the success of a project - Answer✔Project planning
Risk management
Communication
Project process groups - Answer✔Initiating
Planning
Executing
Controlling
Closing
Three primary constraints (triple constraints) - Answer✔Schedule/time
Budget/cost
Quality/technical scope
Project management elements - Answer✔Project leadership
Project requirements
Organization options
Project team
Project planning
Opportunities and risks
Project control
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Project visibility
Project status
Corrective action
What is the purpose of the project initiation? - Answer✔To produce a charter, which then
recognizes the existence of a new project and commits resources to begin it.
Define goal - Answer✔A state of affairs that a plan is intended to achieve
What are objectives? - Answer✔The tangible activities, outputs and measures to ensure you meet
your goals
Objectives should be SMART. What does SMART stand for? - Answer✔Specific
Measurable
Achievable
Realistic
Time bound
What are the two project deliverables - Answer✔Internal and external
Define constraints - Answer✔Anything that restricts or dictates the actions of a project team
What are the three primary constraints? - Answer✔Time
Budget
Quality
Project planning is... - Answer✔The most important phase of a project
Project planning includes: - Answer✔Scope planning
Work breakdown structure
Define work breakdown structure - Answer✔Divides a project into smaller and more
manageable segments and is an effective way to handle complex and lengthy projects
What is resource planning? - Answer✔Determines what is needed for the project, including
people, time, equipment, supplies, materials, etc and how much those resources are needed to
perform project activities
List three project management charts - Answer✔Bar or Gantt
Milestone
Network diagrams
List three types of cost management - Answer✔Parametric modeling
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