C722- Project Management Exam Prep 2024/2025 With 100% Correct
Answers
Integration Management - ✔✔processes and activities to identify, define, combine, unify, and
coordinate the various processes and project management activities
Scope Management - ✔✔processes to ensure that the project includes all the work required, and
only the work required, to complete the project successfully
Time management - ✔✔the processes required to manage the timely completion of the project
Cost management - ✔✔the processes involved in planning, estimating, budgeting, managing, and
controlling cost so that the project can be completed within the approved budget
Quality management - ✔✔The processes and activities that determine quality, policies, objectives,
and responsibilities
Human resource management - ✔✔the processes that organize, manage, and lead the project team
Communication management - ✔✔processes to ensure timely and appropriate planning, creation,
distribution, management, control, and monitoring of project information
Risk management - ✔✔the processes of conducting risk management planning, identification,
analysis, response planning, and controlling risk on a project
Procurement management - ✔✔The process is necessary to acquire products, services, or results
needed from outside the project team
Stakeholder management - ✔✔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
,Business scenarios - ✔✔A description of a business situation or problem that describes past events
that are relevant, current key information, and expected or desired outcomes
Program - ✔✔Group of projects that support the goals and objectives of the company. It may be
established and is a group of related projects.
Portfolio - ✔✔A group of related programs that support a long-term company goal or objective
Project management - ✔✔The act of managing a project and encompasses the use of knowledge,
skills, tools, and techniques to ensure that the project meets its goals.
What does a charter do? - ✔✔This defines the project and authorizes the resources, roles,
responsibilities, authorities, and scope for the project.
Defining - ✔✔This is the phase after senior management approves a project. Once entered, the
business determines the projects sponsor and projects manager.
Executing phase - ✔✔overseeing and managing all necessary work and assignments by members
of the project team that are required over the life of the project. This includes overseeing the
successful completion of the project deliverables in accordance with the approved implementation
schedule.
Closing phase - ✔✔once all deliverables have been met and the project is completed to the
customer's satisfaction
Business Strategy - ✔✔The activities, methods, and tactics that will be employed to meet the
business's goals.
Business case - ✔✔Outlined during project life cycle and used to assess whether the project should
go ahead.
, Triple Constraints- time, cost, scope - ✔✔these are captured as a baseline for the project, which
the sponsor approves before the project moves into execution phase.
Stakeholder Matrix - ✔✔Maps that identify stakeholders and their responsibilities and
communication needs (frequency of communication)
Communication Plan - ✔✔defines the how, what, when, and who regarding the flow of project
information to stakeholders and is key for managing expectations
Project Status meetings - ✔✔Meetings to discuss and analyze information on current project
progress.
Stakeholder Analysis - ✔✔This is conducted to define the relevant stakeholders, their interests,
and their communication needs at the beginning of a project
Change request (CR) - ✔✔Changes in scope, schedule, or funding that is submitted to the change
control board (CCB)
Change Control Board (CCB) - ✔✔A formal group of people responsible for approving or
rejecting "change request" on a project
Status Meetings table - ✔✔A table that includes items such as the meeting type, frequency,
audience, method, and format.
Project reports - ✔✔A report that provides history of the project, communicates the current status
of a project, including risks and issues, project future performance of the project, and provide
direction to the team.
Answers
Integration Management - ✔✔processes and activities to identify, define, combine, unify, and
coordinate the various processes and project management activities
Scope Management - ✔✔processes to ensure that the project includes all the work required, and
only the work required, to complete the project successfully
Time management - ✔✔the processes required to manage the timely completion of the project
Cost management - ✔✔the processes involved in planning, estimating, budgeting, managing, and
controlling cost so that the project can be completed within the approved budget
Quality management - ✔✔The processes and activities that determine quality, policies, objectives,
and responsibilities
Human resource management - ✔✔the processes that organize, manage, and lead the project team
Communication management - ✔✔processes to ensure timely and appropriate planning, creation,
distribution, management, control, and monitoring of project information
Risk management - ✔✔the processes of conducting risk management planning, identification,
analysis, response planning, and controlling risk on a project
Procurement management - ✔✔The process is necessary to acquire products, services, or results
needed from outside the project team
Stakeholder management - ✔✔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
,Business scenarios - ✔✔A description of a business situation or problem that describes past events
that are relevant, current key information, and expected or desired outcomes
Program - ✔✔Group of projects that support the goals and objectives of the company. It may be
established and is a group of related projects.
Portfolio - ✔✔A group of related programs that support a long-term company goal or objective
Project management - ✔✔The act of managing a project and encompasses the use of knowledge,
skills, tools, and techniques to ensure that the project meets its goals.
What does a charter do? - ✔✔This defines the project and authorizes the resources, roles,
responsibilities, authorities, and scope for the project.
Defining - ✔✔This is the phase after senior management approves a project. Once entered, the
business determines the projects sponsor and projects manager.
Executing phase - ✔✔overseeing and managing all necessary work and assignments by members
of the project team that are required over the life of the project. This includes overseeing the
successful completion of the project deliverables in accordance with the approved implementation
schedule.
Closing phase - ✔✔once all deliverables have been met and the project is completed to the
customer's satisfaction
Business Strategy - ✔✔The activities, methods, and tactics that will be employed to meet the
business's goals.
Business case - ✔✔Outlined during project life cycle and used to assess whether the project should
go ahead.
, Triple Constraints- time, cost, scope - ✔✔these are captured as a baseline for the project, which
the sponsor approves before the project moves into execution phase.
Stakeholder Matrix - ✔✔Maps that identify stakeholders and their responsibilities and
communication needs (frequency of communication)
Communication Plan - ✔✔defines the how, what, when, and who regarding the flow of project
information to stakeholders and is key for managing expectations
Project Status meetings - ✔✔Meetings to discuss and analyze information on current project
progress.
Stakeholder Analysis - ✔✔This is conducted to define the relevant stakeholders, their interests,
and their communication needs at the beginning of a project
Change request (CR) - ✔✔Changes in scope, schedule, or funding that is submitted to the change
control board (CCB)
Change Control Board (CCB) - ✔✔A formal group of people responsible for approving or
rejecting "change request" on a project
Status Meetings table - ✔✔A table that includes items such as the meeting type, frequency,
audience, method, and format.
Project reports - ✔✔A report that provides history of the project, communicates the current status
of a project, including risks and issues, project future performance of the project, and provide
direction to the team.
