Project Management, Agile, and
Methodologies UPDATED Study Guide
QUESTIONS AND CORRECT ANSWSER
Project - CORRECT ANSWERS a temporary group of related tasks
undertaken to create a unique product, service, or result
Program - CORRECT ANSWERS a group of related projects and
operations coordinated together in a larger effort than a project
Portfolio - CORRECT ANSWERS an organization's entire investment in
projects and programs
Phases - CORRECT ANSWERS groups of project activities separated by
exit gates to evaluate phase deliverables
Project Life Cycle - CORRECT ANSWERS a group of project phases
specified by an organization's project management methodology
Methodology - CORRECT ANSWERS an organization's specific
implementation of project processes; a set of steps to manage a project
Triple Constraint - CORRECT ANSWERS the concept that scope, time,
and cost are interrelated; one cannot change without affecting at least one of the
others
Project Management - CORRECT ANSWERS using skills, knowledge,
and resources to satisfy project requirements
, Process - CORRECT ANSWERS 1 of 49 packages of inputs, tools, and
outputs used to produce specific output(s) for the project
Baseline (BL) - CORRECT ANSWERS the original plan plus all
approved changes (scope, schedule, cost)
System - CORRECT ANSWERS a set of formal management
procedures; rules, processes, people, etc. that support an outcome
Historical Information - CORRECT ANSWERS information from
previous projects used to evaluate future project decisions
Lessons Learned - CORRECT ANSWERS documented variances
(historical information) used to avoid variances in current and future projects
Progressive Elaboration - CORRECT ANSWERS an iterative approach
where planning occurs in cycles rather than only up front
PM Skills - CORRECT ANSWERS Leading, Communicating,
Negotiating, Problem-solving, Influencing, Delegating, and being Proactive
Scrum - CORRECT ANSWERS A popular methodology built upon 3
pillars of visibility, inspection, and adaptation, defining roles of Scrum Master,
Product Owner and Team, practicing daily stand-up meetings.
Kanban - CORRECT ANSWERS focuses on promoting visibility of the
work-in-progress (WIP) and limiting the amount of WIP the team allows