1 - Introducing the Project Flashcards
What is the importance of obtaining the CompTIA Project+ certification?
Many employers look for this certification in addition to real-life experience and formal education.
What does the PMBOK® Guide stand for?
A Guide to the Project Management Body of Knowledge.
What is a project?
A temporary endeavor that has definite beginning and ending dates, resulting in a unique product, service, or result.
What are the criteria that define a project?
- Unique
- Temporary
- Reason or Purpose
- Stakeholder Satisfaction
What distinguishes a project from an operational activity?
Projects have defined start and end dates and aim to achieve specific, unique results.
What is a program in project management?
A group of related projects managed together using coordinated processes and techniques.
What is a portfolio in project management?
A collection of programs, subportfolios, and projects that support strategic business goals or objectives.
True or False: Projects and operations are the same.
False
What is the primary purpose of project management?
To integrate all components of the project and bring it to a successful conclusion.
What are the five phases of the project life cycle according to CompTIA?
- Discovery/Concept
- Initiating
- Planning
- Executing
- Closing
What is the purpose of the Discovery phase?
To determine whether the project is worthwhile and create a business case.
What activities are included in the Initiating phase?
- Creating the preliminary scope statement
- Creating the project charter
- Identifying and assessing stakeholders
- Developing a responsibility assignment matrix (RAM)
Fill in the blank: The _______ phase involves refining project goals and creating time and cost estimates.
Planning
What document authorizes the project to begin?
Project charter
What is a responsibility assignment matrix (RAM)?
A document that defines stakeholder responsibilities, often incorporating a RACI chart.
What is the main focus during the Executing phase?
Performing and monitoring the work of the project.
What does RACI stand for?
- Responsible
- Accountable
- Consult
- Inform
What is a business case?
A document that helps determine the benefits and rewards of the project.
What is the purpose of a project management plan?
To consist of all the project planning documents such as charter, scope statement, schedule, and more.
What is the final report that summarizes the closeout of all project phases called?
Project closeout report
True or False: The PMBOK® Guide is used as a primary basis for the CAPM® and PMP® certifications.
True
What is the focus of the Planning phase?
To break down project goals into manageable units of work and create estimates.
What is the purpose of the Executing phase?
To coordinate project members and resources, manage change, and report on status.
What is the primary purpose of the Executing phase in project management?
To perform and monitor the work of the project according to the project management plan.