IT Project Management Exam Questions and Answers 100% Pass

IT Project Management Exam Questions and Answers 100% Pass 10 knowledge Areas - Correct Answer ️️ -scope time cost quality HR Communications Risk Procurement Stakeholder Intergration Def: What is a Project - Correct Answer ️️ -"a temporary endeavour undertaken to create a unique product, service or result" Project attributes x7 - Correct Answer ️️ -Objectives-Projects should have a well defined objective, with an expected result or product Temporary-A project has a specific time frame, or fixed life span with a definite beginning and a definite end. Unique-A project may be unique or a once off endeavour. Interdependent tasks- Resources-people, organizations, equipment, materials, and facilities. Customer-project should have a primary customer or sponsor. Uncertainty-A project involves uncertainty, because each project is unique, it is sometimes difficult to define the project's objectives clearly, estimate how long it will take to complete, or determine how much it will cost. Project Examples - Correct Answer ️️ -Great wall of China Hoover Dam Triple Constraint - Correct Answer ️️ -Scope/Cost/Time Advantages of project management - Correct Answer ️️ -Better control of financial, physical, and human resources Improved customer relations Shorter development times Lower costs Higher quality and increased reliability Higher profit margins Improved productivity Better internal coordination Higher worker morale PMBOK Guide - Correct Answer ️️ -What is PMBOK? Project Management Body of Knowledge (PMBOK) describes the sum of knowledge within the profession of project management. The complete PMBOK includes proven traditional practices that are widely applied, as well as innovative practices that are emerging in the profession. The primary purpose of the PMBOK guide is to identify good practice. The PMBOK® guide also provides and promotes a common reference for discussing, writing, and applying project management. The PMBOK® offers a set of processes, generally recognized as good practice, which delivers results across industries and organizations. With over two million copies in circulation, the PMBOK® Guide is renowned as one of the leading tools for the profession and is an essential reference for the library of every project management practitioner. The PMBOK® Guide contains the fundamental, baseline practices that drive business results for any organization - local, regional and global. The current version (fourth edition) of the PMBOK guide, was released 31 December 2008 (PMI, 2008). History of Project Management - Correct Answer ️️ -Modern Project Management (1917) Gantt chart: Henry Gantt developed the Gantt chart as a tool for scheduling work and improving efficiency in factories during the first world war. (1945) Manhattan project: Start modern PM. Manhattan project was lead by the U.S. military to develop the atomic bomb during world war II. The success of the project was attributed to the separation of the technical and the project management. (1958) PERT: Project Evaluation and Review Technique is a network analysis technique used to estimate project duration in uncertainty. Originally created for the US Navy as a system to manage and coordinate large and complex projects. (1970s) Software: By the 1970s the military had begun to use software to help manage large projects. Early project management software products were very expensiv