LSUS MBA 742 EXAM SCRIPT VERIFIED QUESTIONS WITH COMPLETE SOLUTION REVIEW

LSUS MBA 742 EXAM SCRIPT VERIFIED
QUESTIONS WITH COMPLETE SOLUTION
REVIEW

●● PMBOK guide
Answer: Project Management Body of Knowledge


●● Projects are
Answer: a means of achieving an organization's strategic plan


●● Standardizing project management
Answer: common language, processes, methodology and continuous
improvement


●● Portfolio management
Answer: Focuses on doing the 'right' programs and projects.


●● Portfolio management governance provides:
Answer: selection, prioritization, resource management, productivity and
quality improvements


●● generic project life cycle

, Answer: bell curve


●● progressive elaboration
Answer: the process of increasing the level of detail in a project
management plan as greater amounts of information and more accurate
estimates become available


●● Rolling wave planning
Answer: progressive elaboration


●● ROM, order of magnitude, rough order of magnitude
Answer: degree of accuracy


●● project management process groups
Answer: initiating, planning, executing, monitoring and controlling,
closing


●● processes are used at the start of a project or life-cycle phase
Answer: initiating


●● processes are used to further elaborate the information in the
initiating processes
Answer: Planning