MGMT 640- Project management Exam Questions With Complete Answers

MGMT 640- Project management Exam Questions
With Complete Answers



Project Scope - ANSWER A definition of the end result or mission of the project—a product or
service for the client/customer




Purposes of the Project Scope Statement - ANSWER To clearly define the deliverable(s) for the
end user.

-To focus the project on successful completion

of its goals.

-To be used by the project owner and participants

as a planning tool and for measuring project success




Project Scope Checklist - ANSWER Project objective

Deliverables

Milestones

Technical requirements

Limits and exclusions

Reviews with customer




Scope Statements - ANSWER Also called statements of work (SOW)

, Project Charter - ANSWER -Can contain an expanded version of scope statement.

-A document authorizing the project manager to initiate and lead the project




Scope Creep - ANSWER The tendency for the project scope to expand over time due to
changing requirements, specifications, and priorities




Causes of Project Trade-offs - ANSWER Shifts in the relative importance of criterions related
to cost, time, and performance parameters

•Budget-Cost

•Schedule-Time

•Performance-Scope




Managing the Priorities of Project Trade-offs - ANSWER Constrain: original parameter is a
fixed requirement.

Enhance: optimizing a criterion over others

Accept: reducing (or not meeting) a criterion requirement




Project management trade offs - ANSWER Scope - cost - time = quality




Project Priority Matrix - ANSWER Constraint- performance, enhance- time, accept- cost