Project Management Exam
2026
Project—ANSWER--A temporary endeavor undertaken to create a unique product service or
result
Management—ANSWER--Act ot coordinating the efforts of people to accomplish desired
goals and objectives using available resources (eg. Money, workers, equipment, manpower)
Includes:
-Identifying requirements
-Establishing clear and achievable objectives
-Balancing the competing demands for quality, scope time and cost
-Adapting specifications, plans and concerns for the stakeholders
PM Characteristics—ANSWER--1. Management is goal oriented process
2. Multidimensional (work, people and operations)
3. A continuous process
4. Group activity
,5. Dynamic function
6. Intangible force
Knowledge Areas—ANSWER--Scope Management
Time management
Cost management
Stakeholder management
Human resource management
Communication management
Procurement management
Risk management
Quality management
Integration management
Project management—ANSWER--Checking planning, organizing, motivating and controlling
resources to achieve specific goals
Application of:
knowledge, skills, tools and techniques
to protect activities to meet or exceed stakeholders' expectations while using resources
efficiently and effectively
© 2026 Copyright. All Rights Reserved. This document is
protected by copyright law, Copyrighted By Brittie Donald
,Project Life Cycle—ANSWER--Defines the phases that connects the beginning of a project to
its end
A project is unique
Details: Raw material extraction and processing, project manufacturing, distribution, use, end
of life
Recycle, Remanufacture, reuse/super-use
Direct Cost—ANSWER--Energy, materials, labor, time, other resources
Indirect cost and overheads—ANSWER--Waste, environmental damage, land use, social
issues, other effects.
Initiation—ANSWER--Requirements:
-Scope
-Duration/Start
-Location
-Budget
People Involved:
-Client
, -Owner
-Consultant
-PM
Design Phase—ANSWER--Requirements:
-Details
-Conceptual arch drawing
-Equipment
-Materials
-Technical issues (mechanical, structure)
-Drawings, materials, specs
People Involved:
-Consultant
-Owner
Planning Phase—ANSWER--Requirements:
-Scheduling
-Plan
People Involved
© 2026 Copyright. All Rights Reserved. This document is
protected by copyright law, Copyrighted By Brittie Donald
2026
Project—ANSWER--A temporary endeavor undertaken to create a unique product service or
result
Management—ANSWER--Act ot coordinating the efforts of people to accomplish desired
goals and objectives using available resources (eg. Money, workers, equipment, manpower)
Includes:
-Identifying requirements
-Establishing clear and achievable objectives
-Balancing the competing demands for quality, scope time and cost
-Adapting specifications, plans and concerns for the stakeholders
PM Characteristics—ANSWER--1. Management is goal oriented process
2. Multidimensional (work, people and operations)
3. A continuous process
4. Group activity
,5. Dynamic function
6. Intangible force
Knowledge Areas—ANSWER--Scope Management
Time management
Cost management
Stakeholder management
Human resource management
Communication management
Procurement management
Risk management
Quality management
Integration management
Project management—ANSWER--Checking planning, organizing, motivating and controlling
resources to achieve specific goals
Application of:
knowledge, skills, tools and techniques
to protect activities to meet or exceed stakeholders' expectations while using resources
efficiently and effectively
© 2026 Copyright. All Rights Reserved. This document is
protected by copyright law, Copyrighted By Brittie Donald
,Project Life Cycle—ANSWER--Defines the phases that connects the beginning of a project to
its end
A project is unique
Details: Raw material extraction and processing, project manufacturing, distribution, use, end
of life
Recycle, Remanufacture, reuse/super-use
Direct Cost—ANSWER--Energy, materials, labor, time, other resources
Indirect cost and overheads—ANSWER--Waste, environmental damage, land use, social
issues, other effects.
Initiation—ANSWER--Requirements:
-Scope
-Duration/Start
-Location
-Budget
People Involved:
-Client
, -Owner
-Consultant
-PM
Design Phase—ANSWER--Requirements:
-Details
-Conceptual arch drawing
-Equipment
-Materials
-Technical issues (mechanical, structure)
-Drawings, materials, specs
People Involved:
-Consultant
-Owner
Planning Phase—ANSWER--Requirements:
-Scheduling
-Plan
People Involved
© 2026 Copyright. All Rights Reserved. This document is
protected by copyright law, Copyrighted By Brittie Donald