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Project - correct answer ✔✔A sequence of unique, complex, and connected activities having
one goal or purpose and that must be completed by specific time, within budget, and according
to specification
Project - correct answer ✔✔A temporary endeavor undertaken to accomplish a unique product
or service
Program - correct answer ✔✔A group of related projects
managed in a coordinated way
to obtain benefits and control not available from managing them individually
Program Managers - correct answer ✔✔Oversee programs and often act as bosses for project
managers.
Portfolio - correct answer ✔✔___________ is NOT necessarily a Program
Standish Group - correct answer ✔✔Group who's study showed IT projects had a terrible track
record
16.2% - correct answer ✔✔% of successful IT projects in 1995
31% - correct answer ✔✔Over _________ of IT projects were cancelled before completion,
costing over 81 Billion in the US alone. (1995)
, 78000 - correct answer ✔✔# of IT projects in 2001 that were successful
28% - correct answer ✔✔% of IT projects that succeeded in 2001
Scope
Time
Cost
Quality - correct answer ✔✔4 core knowledge areas of Management
Human Resources
Communication
Risk
Procurement
Stakeholders - correct answer ✔✔5 facilitating knowledge areas of Management
Project Integration Management - correct answer ✔✔Affects and is affected by all of the other
knowledge areas
Classes - correct answer ✔✔Business Disciplines are all examples of ______ I would take like
Finance.
Systems Thinking - correct answer ✔✔Taking a holistic view of a project and understanding how
it relates to the larger organization.
Stakeholders - correct answer ✔✔People involved in or affected by project activities