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OPMA FINAL(100% Guaranteed)

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What is a project? correct answers A series of related jobs, usually directed toward some major output and requiring a significant period of time to perform. What is project management? correct answers Planning, directing, and controlling resources (people, equipment, material, etc.) to meet the technical, cost, and time constraints of the project. Why is project management important? correct answers At the highest levels of an organization, management often involves juggling a portfolio of projects. Types of Development Projects correct answers Project Structure correct answers Pure Project Functional Project Matrix Project Pure Project correct answers A self-contained team works full time on the project Pure Project Structure Advantages correct answers •The project manager has full authority •Team members report to one boss •Shortened communication lines •Team pride, motivation, and commitment are high Pure Project Structure Disadvantages correct answers •Duplication of resources •Organizational goals and policies are ignored •Lack of technology transfer

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OPMA FINAL(100% Guaranteed)
What is a project? correct answers A series of related jobs, usually directed toward some major output
and requiring a significant period of time to perform.


What is project management? correct answers Planning, directing, and controlling resources (people,
equipment, material, etc.) to meet the technical, cost, and time constraints of the project.


Why is project management important? correct answers At the highest levels of an organization,
management often involves juggling a portfolio of projects.


Types of Development Projects correct answers


Project Structure correct answers Pure Project
Functional Project
Matrix Project


Pure Project correct answers A self-contained team works full time on the project


Pure Project Structure Advantages correct answers •The project manager has full authority


•Team members report to one boss


•Shortened communication lines


•Team pride, motivation, and commitment are high


Pure Project Structure Disadvantages correct answers •Duplication of resources


•Organizational goals and policies are ignored


•Lack of technology transfer

,•Team members have no functional area "home"


Functional Project correct answers Responsibility for the project lies within one functional area of the
firm.


Employees from that area work on the project, usually only part time.


Functional Project Structure Advantages correct answers •A team member can work on several projects


•Technical expertise maintained in functional area


•Functional area is "home" after project completed


•Critical mass of specialized knowledge


Functional project (1) correct answers A structure where team members are assigned from the functional
units of the organization.


The team members remain a part of their functional units and typically are not dedicated to the project.


Functional Project Structure Disadvantages correct answers •Aspects of the project that are not directly
related to the functional area get short-changed


•Motivation of team members is often weak


•Needs of the client are secondary and are responded to slowly


Matrix Project correct answers A blend of pure and functional project structures - people from different
functional areas work on the project, possibly only part time.

,Matrix project (1) correct answers A structure that blends the functional and pure project structures. Each
project uses people from different functional areas. A dedicated project manager decides what tasks need
to be performed and when, but the functional managers control which people to use.


Matrix Project Structure Advantages correct answers •Better communications between functional areas


•Project manager held responsible for success


•Duplication of resources is minimized


•Functional "home" for team members


•Policies of the parent organization are followed


Matrix Project Structure Disadvantages correct answers •Too many bosses


•Depends on project manager's negotiating skills


•Potential for sub-optimization


Defining the Project correct answers Statement of work
Task
Work package
Project milestone
Work breakdown structure
Activities


Statement of Work correct answers A written description of the objectives of a project


Task correct answers A further subdivision of a project - usually shorter than several months and
performed by a single group or organization

, Work Package correct answers A group of activities combined to be assignable to a single organizational
unit


Project Milestone correct answers Specific events in the life of the project.


Work Breakdown Structure correct answers Defines the hierarchy of project tasks, subtasks, and work
packages


Activities correct answers Pieces of work that consume time


Project Control Charts correct answers Charts provide an easily understood visual presentation


Software can be used to create the charts


Gantt chart correct answers Shows in a graphic manner the amount of time involved and the sequence of
activities.


Often referred to as a bar chart.


Project Tracking without EVM correct answers A simple comparison of just costs versus budget does not
tell the whole story


Project Tracking with EVM correct answers With pre-defined methods of quantifying the quantity of
work accomplished, EVM provides much more information.


A combined view gives an overview of project performance in terms of the original plan.


EVM provides information about correct answers performance according to the schedule


Schedule Variance (SV) correct answers BCWP-BCWS

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