OPRE 6362 - EXAM 1 WITH COMPLETE SOLUTIONS 100%
VERIFIED!!!! ALREADY GRADED A+
Project - (ANSWER)a temporary endeavor undertaken to create a unique product, service, or result
-definite beginning and end
-Take place outside the normal, process-oriented world
Operations - (ANSWER)any continuing endeavor that produces many identical or nearly identical
products or provides repetitive services (e.g., frying burgers, manufacturing cars, teaching algebra)
Ongoing, day-to-day activities to produce goods and services
Project Management - (ANSWER)The application of knowledge, skills, tools, and techniques to project
activities to meet project requirements
Operations Management - (ANSWER)deals with the design and management of ongoing products,
services and supply chains.
Project Management Office (PMO) - (ANSWER)centralized organizational unit that oversees and
coordinates the management of projects and programs
Five Process Groups - (ANSWER)"Initiating, Planning, Executing, Monitoring and Controlling, and Closing"
Business Value - (ANSWER)highly subjective measure because it involves estimating the value of
intangible assets like trade secrets, trademarks, public benefit, and recognition
Triple Constraint - (ANSWER)time, cost, scope
Project Managment Plan - (ANSWER)an approved document that defines how the project is executed,
delivered, and closed.
, OPRE 6362 - EXAM 1 WITH COMPLETE SOLUTIONS 100%
VERIFIED!!!! ALREADY GRADED A+
Stakeholders - (ANSWER)is an individual, or organization who may affect, be affected by, or perceive
itself to be affected by a decision, activity, or outcome of a project
-identify SH as early as possible
-determine expectations
-communicate to keep informed
Project Lifecycle - (ANSWER)the series of phases that a project goes through from its initiation to its
closure
representation of the generally sequential and sometimes overlapping project phases that a project
typically goes through.
Initiating Process Group - (ANSWER)Approves the project charter (with measurable objectives, a
milestone schedule, an initial budget, etc.), authorizes a project manager and assigns a project manager
to the project.
Planning Process Group - (ANSWER)Conducts iterative and ongoing processes to establish the project
scope and defines project objectives and what needs to be done to achieve project objectives.
Executing Process Group - (ANSWER)-Processes to complete the project based on requirements,
specifications and objectives.
-Approves all change requests thru corrective actions, preventive actions, and defect repairs.
Corrective actions - (ANSWER)Actions that are taken to bring expected future performance of the project
work in line with the project management plan.
Preventive actions - (ANSWER)Actions that are taken to prevent similar mistakes from happening in the
future. These actions reduce the probability of risk items in the project.
VERIFIED!!!! ALREADY GRADED A+
Project - (ANSWER)a temporary endeavor undertaken to create a unique product, service, or result
-definite beginning and end
-Take place outside the normal, process-oriented world
Operations - (ANSWER)any continuing endeavor that produces many identical or nearly identical
products or provides repetitive services (e.g., frying burgers, manufacturing cars, teaching algebra)
Ongoing, day-to-day activities to produce goods and services
Project Management - (ANSWER)The application of knowledge, skills, tools, and techniques to project
activities to meet project requirements
Operations Management - (ANSWER)deals with the design and management of ongoing products,
services and supply chains.
Project Management Office (PMO) - (ANSWER)centralized organizational unit that oversees and
coordinates the management of projects and programs
Five Process Groups - (ANSWER)"Initiating, Planning, Executing, Monitoring and Controlling, and Closing"
Business Value - (ANSWER)highly subjective measure because it involves estimating the value of
intangible assets like trade secrets, trademarks, public benefit, and recognition
Triple Constraint - (ANSWER)time, cost, scope
Project Managment Plan - (ANSWER)an approved document that defines how the project is executed,
delivered, and closed.
, OPRE 6362 - EXAM 1 WITH COMPLETE SOLUTIONS 100%
VERIFIED!!!! ALREADY GRADED A+
Stakeholders - (ANSWER)is an individual, or organization who may affect, be affected by, or perceive
itself to be affected by a decision, activity, or outcome of a project
-identify SH as early as possible
-determine expectations
-communicate to keep informed
Project Lifecycle - (ANSWER)the series of phases that a project goes through from its initiation to its
closure
representation of the generally sequential and sometimes overlapping project phases that a project
typically goes through.
Initiating Process Group - (ANSWER)Approves the project charter (with measurable objectives, a
milestone schedule, an initial budget, etc.), authorizes a project manager and assigns a project manager
to the project.
Planning Process Group - (ANSWER)Conducts iterative and ongoing processes to establish the project
scope and defines project objectives and what needs to be done to achieve project objectives.
Executing Process Group - (ANSWER)-Processes to complete the project based on requirements,
specifications and objectives.
-Approves all change requests thru corrective actions, preventive actions, and defect repairs.
Corrective actions - (ANSWER)Actions that are taken to bring expected future performance of the project
work in line with the project management plan.
Preventive actions - (ANSWER)Actions that are taken to prevent similar mistakes from happening in the
future. These actions reduce the probability of risk items in the project.
