C722 Project Management: Key Concepts and Practices
Integration management - correct answer ✔✔Includes processes and activities needed to identify,
define, and coordinate various processes and project management activities
Scope management - correct answer ✔✔Includes the processes that ensure that all the work required is
identified to complete the project successfully
Time management - correct answer ✔✔Includes the processes required to manage the timely
completion of the project
Cost management - correct answer ✔✔Includes the processes involved in planning, estimating,
budgeting, managing, and controlling costs so that the project can be completed within the approved
budget
Quality management - correct answer ✔✔Includes processes and activities that determine quality
policies, objectives, and responsibilities
Human resource management - correct answer ✔✔Includes the processes that organize, manage, and
lead the project team
Communication management - correct answer ✔✔Includes processes to ensure timely and appropriate
planning, creation, distribution, management, control, and monitoring of project information
Risk management - correct answer ✔✔Includes the processes of conducting risk management planning,
identification, analysis, response planning, and controlling risk on a project
Procurement management - correct answer ✔✔Includes the processes necessary to acquire products,
services, or results needed from outside the project team
Stakeholder management - correct answer ✔✔Includes the processes required to identify all people or
organizations impacted by the project, analyze stakeholder expectations, and develop appropriate
strategies for effectively engaging stakeholders in project decisions and execution
, Operations - correct answer ✔✔The ongoing, daily activities of an organization that produce revenue
and expense.
Project - correct answer ✔✔A temporary endeavor with a specified start and end date. It exists to
develop a unique product, service, or result that may become a part of the organization's ongoing
operations.
Business Scenario - correct answer ✔✔A description of a business situation or problem that describes:
past events that are relevant,
current key information, and
expected or desired outcomes
Triple Constraints - correct answer ✔✔Scope, schedule and budget
Program - correct answer ✔✔A group of projects that support the goals and objectives of the company;
it may be established and is a group of related projects.
Portfolio - correct answer ✔✔A group of related programs that support a long-term company goal or
objective.
Project - correct answer ✔✔A project is an activity or group of activities that generate a new, unique
product, service, or result to support a program.
Project Management - correct answer ✔✔The application of knowledge, skills, tools, and techniques to
project activities.
Phases of the Project Life Cycle - correct answer ✔✔Defining, Planning, Executing, and Closing.
Integration management - correct answer ✔✔Includes processes and activities needed to identify,
define, and coordinate various processes and project management activities
Scope management - correct answer ✔✔Includes the processes that ensure that all the work required is
identified to complete the project successfully
Time management - correct answer ✔✔Includes the processes required to manage the timely
completion of the project
Cost management - correct answer ✔✔Includes the processes involved in planning, estimating,
budgeting, managing, and controlling costs so that the project can be completed within the approved
budget
Quality management - correct answer ✔✔Includes processes and activities that determine quality
policies, objectives, and responsibilities
Human resource management - correct answer ✔✔Includes the processes that organize, manage, and
lead the project team
Communication management - correct answer ✔✔Includes processes to ensure timely and appropriate
planning, creation, distribution, management, control, and monitoring of project information
Risk management - correct answer ✔✔Includes the processes of conducting risk management planning,
identification, analysis, response planning, and controlling risk on a project
Procurement management - correct answer ✔✔Includes the processes necessary to acquire products,
services, or results needed from outside the project team
Stakeholder management - correct answer ✔✔Includes the processes required to identify all people or
organizations impacted by the project, analyze stakeholder expectations, and develop appropriate
strategies for effectively engaging stakeholders in project decisions and execution
, Operations - correct answer ✔✔The ongoing, daily activities of an organization that produce revenue
and expense.
Project - correct answer ✔✔A temporary endeavor with a specified start and end date. It exists to
develop a unique product, service, or result that may become a part of the organization's ongoing
operations.
Business Scenario - correct answer ✔✔A description of a business situation or problem that describes:
past events that are relevant,
current key information, and
expected or desired outcomes
Triple Constraints - correct answer ✔✔Scope, schedule and budget
Program - correct answer ✔✔A group of projects that support the goals and objectives of the company;
it may be established and is a group of related projects.
Portfolio - correct answer ✔✔A group of related programs that support a long-term company goal or
objective.
Project - correct answer ✔✔A project is an activity or group of activities that generate a new, unique
product, service, or result to support a program.
Project Management - correct answer ✔✔The application of knowledge, skills, tools, and techniques to
project activities.
Phases of the Project Life Cycle - correct answer ✔✔Defining, Planning, Executing, and Closing.
