FIT2002 EXAM PREP UPDATED ACTUAL Exam Questions and CORRECT Answers

FIT2002 EXAM PREP UPDATED
ACTUAL Exam Questions and CORRECT
Answers
A ________ is a temporary endeavor undertaken to create a

unique product, service, or result - CORRECT ANSWER - project



__________ is work done to sustain the business - CORRECT ANSWER - operations


- Ongoing execution
of activities
• Produce the same
output repeatedly,
or provide a
repetitive service.
• Operations have to

earn profit - CORRECT ANSWER - operation


- A temporary group
activity with a start
and end date
• Produces a unique
product, service or
result
• Projects have a

fixed budget - CORRECT ANSWER - project

, Triple Constraints of Project Management - CORRECT ANSWER - scope, cost, time


________ comes from:


- The project met scope, time, and cost goals

- The project satisfied the customer/sponsor - CORRECT ANSWER - project success


A __________ is a group of related projects managed in a
coordinated way to obtain benefits and control not available from

managing them individually - CORRECT ANSWER - program


As part of _________ organizations group
and manage projects and programs as a portfolio of investments that contribute to the entire
enterprise's success - CORRECT ANSWER - project portfolio management


A _________ is "an optimal way recognized by industry to

achieve a stated goal or objective - CORRECT ANSWER - best practice


___________ is an organizational
group responsible for coordinating the project management

function throughout an organization - CORRECT ANSWER - project management office


Perspectives on organisations:


- Roles and responsibilities,
coordination and control.
• Organisational charts help

describe this frame. - CORRECT ANSWER - structural frame