Project Management Study Test Questions and Answers Rated A
a temporary undertaking that has a definite beginning
and an end and something that has a distinct and defini-
Project
tive purpose. It is undertaken to create a unique product,
service or result.
Gannt Chart Created in 1910
created in 1958 as part of the Polaris missile submarine
Program Evaluation and Review Technique (PERT)
program. Later extended to create WBS
The a methodical approach to planning and guiding pro-
ject processes from start to finish to bring about the suc-
Project Management cessful completion of specific project goals and objectives.
The processes are guided through five stages: initiation,
planning, execution, controlling and closing.
1. Initiation
2. Planning
5 stages of project management 3. Execution
4. Controlling
5. Closing
1. Business advantage
2. competitive advantage
3. accurate and timely information to keep competitive
5 Impacts of Project Management edge
4. clear roles and responsibilities helps minimize conflicts
and confusion
5. Ettective communication
Scope provides the parameters within which you do the project
First the project initiation state, the project planning or
design stage, project execution or production stage, the
Process areas
project monitoring and controlling systems and project
completion
Reasons for initiating and approving a project
, 1. Opportunity
a. Market demands
b. technological advances
2. Challenges - customer requests and social needs
3. Business Requirements
executing a vision through: Planning, Execution, Monitor-
ing, Control, Closure.
in Project planning:
Identify & document project requirements
Role of the PM Build the project team
Establish clear project objectives
Understand stakeholders' expectations
Prevent unnecessary scope changes
Ensure team understands project objectives
Develop project plans
- Strong Executive Support
- Plenty of User Involvement
Project Success Factors
- An Experienced Project Manager
- Clear Business Objectives
1. Lack of Planning
Key challenges to success 2. Lack of Resources- Skills, Time, Money
3. Scope Creep
1. PM elements- process groups, processes
2. Life cycles- linear, iterative, adaptive, and agile
Elements for PM 3. Phases- life cycle phases for reviews, milestone, and
deliverables
4. Organizations-
Successful elements of PM
a temporary undertaking that has a definite beginning
and an end and something that has a distinct and defini-
Project
tive purpose. It is undertaken to create a unique product,
service or result.
Gannt Chart Created in 1910
created in 1958 as part of the Polaris missile submarine
Program Evaluation and Review Technique (PERT)
program. Later extended to create WBS
The a methodical approach to planning and guiding pro-
ject processes from start to finish to bring about the suc-
Project Management cessful completion of specific project goals and objectives.
The processes are guided through five stages: initiation,
planning, execution, controlling and closing.
1. Initiation
2. Planning
5 stages of project management 3. Execution
4. Controlling
5. Closing
1. Business advantage
2. competitive advantage
3. accurate and timely information to keep competitive
5 Impacts of Project Management edge
4. clear roles and responsibilities helps minimize conflicts
and confusion
5. Ettective communication
Scope provides the parameters within which you do the project
First the project initiation state, the project planning or
design stage, project execution or production stage, the
Process areas
project monitoring and controlling systems and project
completion
Reasons for initiating and approving a project
, 1. Opportunity
a. Market demands
b. technological advances
2. Challenges - customer requests and social needs
3. Business Requirements
executing a vision through: Planning, Execution, Monitor-
ing, Control, Closure.
in Project planning:
Identify & document project requirements
Role of the PM Build the project team
Establish clear project objectives
Understand stakeholders' expectations
Prevent unnecessary scope changes
Ensure team understands project objectives
Develop project plans
- Strong Executive Support
- Plenty of User Involvement
Project Success Factors
- An Experienced Project Manager
- Clear Business Objectives
1. Lack of Planning
Key challenges to success 2. Lack of Resources- Skills, Time, Money
3. Scope Creep
1. PM elements- process groups, processes
2. Life cycles- linear, iterative, adaptive, and agile
Elements for PM 3. Phases- life cycle phases for reviews, milestone, and
deliverables
4. Organizations-
Successful elements of PM
