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Solved Project Management Exam 3 |Question and Answer| 100% Correct

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Solved Project Management Exam 3 |Question and Answer| 100% Correct project *Answer* a temporary endeavor undertaken to create a unique product, service, or result Operations *Answer* work done to sustain the business project sponsor *Answer* usually provides the direction and funding for the project project manager *Answer* works with project sponsors, project team, and other people involved in a project to meet project goals program *Answer* group of related projects managed in a coordinated way to obtain benefits and control not available from managing them individually program managers *Answer* provides leadership and direction for the project managers heading the projects within the program Project management *Answer* the application of knowledge, skills, tools and techniques to project activities to meet project requirements triple constraint *Answer* project scope, time, and cost goals stakeholders *Answer* are the people involved in or affected by project activities Knowledge areas *Answer* they describe the key competencies that project managers must develop 10 knowledge areas *Answer* project integration, scope, time, cost, quality, human resource, communications, risk, procurement, and stakeholder management Project management tools and techniques *Answer* assist project managers and their teams in various aspects of projects management, examples are: ◦ Project charter, scope statement, and WBS (scope) ◦ Gantt charts, network diagrams, critical path analysis, critical chain scheduling (time) ◦ Cost estimates and earned value management (cost) Super tools *Answer* tools that have high use and high potential for improving project success,

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