PROJECT MANAGEMENT UPDATED
ACTUAL QUESTIONS AND CORRECT
ANSWERS COMPREHENSIVE STUDY GUIDE
●● 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
●● 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.
●● Project Phases Summary
Answer:
●● 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
ACTUAL QUESTIONS AND CORRECT
ANSWERS COMPREHENSIVE STUDY GUIDE
●● 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
●● 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.
●● Project Phases Summary
Answer:
●● 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
