ISTM 630 Exam 1 Questions &
Answers (Grade A+)
Criteria for a successful project -
correct answer ✅- met requirements
- finished on time
- on budget
Project -
correct answer ✅A temporary endeavor undertaken to create a
unique product, service, or result.
- has unique purpose, is temporary, developed using progressive
elaboration, requires resources
Program -
correct answer ✅- group of related projects managed in a
coordinated way
operations -
correct answer ✅- work done to sustain business. routine work
Triple Constraint -
correct answer ✅time, cost, scope
, ISTM 630 Exam 1 Questions &
Answers (Grade A+)
Top two project success factors -
correct answer ✅- executive support
- user involvement
Low End Tools -
correct answer ✅handle single or smaller projects well. Cost
<$200 per user
Midrange Tools -
correct answer ✅handle multiple projects and users. cost between
200 and 500. Most popular
High end Tools -
correct answer ✅Also called enterprise project management
software, often licensed on a per-user basis, like Microsoft
Enterprise Project Management solution
systems philosophy -
correct answer ✅view things as systems which are interacting
components that work within an environment to fulfill some
purpose.
- part of three part view of project mgmt
Answers (Grade A+)
Criteria for a successful project -
correct answer ✅- met requirements
- finished on time
- on budget
Project -
correct answer ✅A temporary endeavor undertaken to create a
unique product, service, or result.
- has unique purpose, is temporary, developed using progressive
elaboration, requires resources
Program -
correct answer ✅- group of related projects managed in a
coordinated way
operations -
correct answer ✅- work done to sustain business. routine work
Triple Constraint -
correct answer ✅time, cost, scope
, ISTM 630 Exam 1 Questions &
Answers (Grade A+)
Top two project success factors -
correct answer ✅- executive support
- user involvement
Low End Tools -
correct answer ✅handle single or smaller projects well. Cost
<$200 per user
Midrange Tools -
correct answer ✅handle multiple projects and users. cost between
200 and 500. Most popular
High end Tools -
correct answer ✅Also called enterprise project management
software, often licensed on a per-user basis, like Microsoft
Enterprise Project Management solution
systems philosophy -
correct answer ✅view things as systems which are interacting
components that work within an environment to fulfill some
purpose.
- part of three part view of project mgmt
