2.4 Outline the Role Of Information Managemenr To Inform Decision Making

Question 1

In relation to what does knowledge and information management enable the project manager to understand the projects status against what and where ?

Answer 1

Knowledge information management enables the project manager to instant he status of the projects in relation to time , cost and quality against the acceptance criteria in the PMP

Question 2

In relation to knowledge and information management what does status reporting enable a project manager to do in relation to the acceptance criteria in the PMP based on what ?

Answer 2

The project manager is able to monitor progress , identify issues and make Informed decisions based on the most accurate and up to date information available

Question 3

What can the past data from previous projects facilitate and what can the project manager do ?

Answer 3

More realistic cost and schedule estimates where the project manager can review past data from previous projects performed by the organisation

Question 4

What does reviewing past data from previous project allow the project manager to do ?

Answer 4

Allows the project manager to understand the cost of delivering the project and how long it would take for the project to complete

Question 5

Who does understanding the cost of delivering the project and how long it would take to complete enable and how ?

Answer 5

It enables the project manager and sponsor to see whether the project is still viable and if project should continue

Question 6

How does knowledge and information management help decision makers and who are the decision makers and when ?

Answer 6

Knowledge and information management helps decisions makers such as the project sponsor and steering group at key points such as decking to make decisions

Question 7

How does knowledge and information management help decision makers such as the project sponsor and steering group make decisions ?

Answer 7

By ensuring that the relevant information is available in the appropriate format

Question 8

What does having the relevant information in the appropriate format ensure and why

Answer 8

Ensuring that decision makers can make objective decisions based on accurate information that is easy for them to understand

Question 9

What can knowledge and information management help generate and for what ?

Answer 9

Options and solutions for project problems and issues

Question 10

Apart from using their own knowledge what can project managers do in relation to project problems and issues ?

Answer 10

A project manager would not only use their own knowledge of what worked well in the past they would also harvest
On the ideas of the project team and subject matter experts

Question 11

What would subject matter experts and the project team do in relation to project problems and issue and why

Answer 11

They would bring their own information and knowledge to support the project

Question 12

What does subject matter experts and the project team bringing their own information and knowledge enable and what is the results?

Answer 12

It enables the interrelation of forefront ideas and knowledge improving decision making through valuable insight

Question 13

Knowledge and information can help ___________ , _______ and __________ for project _________ and ______ where the project manager would not only use their _________ of what worked well in the ______ but they are also able to _______ on the ______ from the ____________ and _______________ who would bring their own ___________ and ________ to __________________ allowing for the ________ of different ___________ and _________ improvising ___________ through _________________

Answer 13

Generate
Options and solution
Problems and issues
Own knowledge
I’m the past
Harvest
Ideas from the project team
and subject matter experts
Knowledge and information
Support the project
Allowing for the integration of
Different ideas and knowledge
Improving decision making
Valuable insight

Question 14

Knowledge information management can help the ____________ understand the _______________ in relation to _________, _________ and ______ against the _______in the ___________ which enables the project manager to _______,___________ and make ________ based on the most __________________ and ______________ information available .

Answer 14

Project manager
Status of the project
Time , cost and quality
Acceptance criteria
PMP
Identify issues , monitor progress
Informed decisions
Accurate and up to date information available

Question 15

Knowledge and information management can help make available _______ from ________________ which ______________ more __________ _________________ estimates where the project manager can review _______ from _____ projects ___________________ allowing the _________ to understand __________ of __________ a __________ and how _______ it would take to _________ that project enabling
The project manager and sponsor to understand if the project is still __________ and if the _________ should continue .

Answer 15

Past data
Previous project
Facilities more realistic
Cost and schedule estimates
Past data
From previous projects
Performed by the organisation
Allowing the project manager
The cost of delivering a new project
And how long it would take to complete the project
Viable
Project

Question 16

Knowledge and information management can help __________ such as the ____________ and __________ at key points such as ______________ to make ________ by ensuring the _________________ is available in the ________________ ensuring that they are able to make ________ decisions based on ________________ that is ____________.

Answer 16

Decisions
Project sponsor and steering group
At key point such as decision gates
Decisions
The relevant information
Appropriate format
Objective decisions
Accurate information
Easy for them to understand