47 Processes-Key Benefits

Question 1

Develop Project Charter

Answer 1

TKBOTP is a well-defined project start and project boundaries, creation of a formal record of the project, and a direct way for senior management to formally accept and commit to the project.

Question 2

Develop Project Management Plan

Answer 2

TKBOTP is a central document that defines the basis of all project work.

Question 3

Direct & Manage Project Work

Answer 3

TKBOTP is that it provides overall management of the project work.

Question 4

Monitor & Control Project Work

Answer 4

TKBOTP is that it allows stakeholders to understand the current state of the project, the steps taken, and budget, schedule, and scope forecasts.

Question 5

Perform Integrated Change Control

Answer 5

TKBOTP is that it allows for documented changes within the project to be considered in an integrated fashion while reducing project risk, which often arises from changes made without consideration to the overall project objectives or plans.

Question 6

Close Project or Phase

Answer 6

TKBOTP is that it provides lessons learned, the formal ending of project work, and the release of organization resources to pursue new endeavors.

Question 7

Plan Scope Management

Answer 7

TKBOTP is that it provides guidance and direction on how scope will be managed throughout the project.

Question 8

Collect Requirements

Answer 8

TKBOTP is that it provides the basis for defining and managing the project scope including product scope.

Question 9

Define Scope

Answer 9

TKBOTP is that it describes the project, service, or result boundaries by defining which of the requirements collected will be included in and excluded from the project scope.

Question 10

Create WBS

Answer 10

TKBOTP is that it provides a structured vision of what has to be delivered.

Question 11

Validate Scope

Answer 11

TKBOTP is that it brings objectivity to the acceptance process and increases the chance of final product, service, or result acceptance by validating each deliverable.

Question 12

Control Scope

Answer 12

TKBOTP is that it allows the scope baseline to be maintained throughout the project.

Question 13

Plan Schedule Management

Answer 13

TKBOTP is that it provides guidance and direction on how the project schedule will be managed throughout the project.

Question 14

Define Activities

Answer 14

TKBOTP is to break down work packages into activities that provide a basis for estimating, scheduling, executing, monitoring, and controlling the project work.

Question 15

Sequence Activities

Answer 15

TKBOTP is that it defines the logical sequence of work to obtain the greatest efficiency given all project constraints.

Question 16

Estimate Activity Resources

Answer 16

TKBOTP is that it identifies the type, quantity, and charchteristics of resources required to complete the activity which allows more accurate cost and duration estimates.

Question 17

Estimate Activity Durations

Answer 17

TKBOTP is that it provides the amount of time each activity will take to complete, which is a major input to the Develop Schedule process.

Question 18

Develop Schedule

Answer 18

TKBOTP isthat by entering schedule activities, durations, resources, resource availabilities, and logical relationships into the scheduling tool, it generates a schedule model with planned dates for completing project activities.

Question 19

Control Schedule

Answer 19

TKBOTP is that it provides the means to recognize deviation from the plan and take corrective and preventive actions and thus minimize risk.

Question 20

Plan Cost Management

Answer 20

TKBOTP is that it provides guidance and direction on how the project costs will be managed throughout the project.

Question 21

Estimate Costs

Answer 21

TKBOTP is that it determines the amount of cost required to complete project work.

Question 22

Determine Budget

Answer 22

TKBOTP is that it determines the cost baseline against which work performance can be monitored and controlled.

Question 23

Control Costs

Answer 23

TKBOTP is that it provides the means to recognize variance from the plan in order to take corrective action and minimize risk.

Question 24

Plan Quality Management

Answer 24

TKBOTP is that it provides guidance and direction on how quality will be managed and validated throughout the project.

Question 25

Perform Quality Assurance

Answer 25

TKBOTP is that it facilitates the improvement of quality processes.

Question 26

Control Quality

Answer 26

TKBOTP include (1) identifying the causes of poor process or product quality and recommending and/or taking action to eliminate them; and (2) validating that project deliverables and work meet the requirements specified by key stakeholders necessary for final acceptance.

Question 27

Plan Human Resource Management

Answer 27

TKBOTP is that it establishes project roles and responsibilities, project organization charts, and the staffing management plan including the timetable for staff acquisition and release.

Question 28

Acquire Project Team

Answer 28

TKBOTP consists of outlining and guiding the team selection and responsibility assignment to obtain a successful team.

Question 29

Develop Project Team

Answer 29

TKBOTP is that it results in improved teamwork, enhanced people skills and competencies, motivated employees, reduced staff turnover rates, and improved overall project performance.

Question 30

Manage Project Team

Answer 30

TKBOTP is that it influences team behavior, manages conflict, resolves issues, and appraises team member performance.

Question 31

Plan Communications Management

Answer 31

TKBOTP is that it identifies and documents the approach to communicate most effectively and efficiently with stakeholders.

Question 32

Manage Communications

Answer 32

TKBOTP is that it enables an efficient and effective communications flow between stakeholders.

Question 33

Control Communications

Answer 33

TKBOTP is that it ensures an optimal information flow among all communication participants, at any moment in time.

Question 34

Plan Risk Management

Answer 34

TKBOTP is it ensures that the degree, type, and visibility of risk management are commensurate with both the risks and the importance of the project to the organization.

Question 35

Identify Riss

Answer 35

TKBOTP is the documentation of existing risks and the knowledge and ability it provides to the project team to anticipate events.

Question 36

Perform Qualitative Risk Analysis

Answer 36

TKBOTP is that it enables project managers to reduce the level of uncertainty and to focus on high-priority risks.

Question 37

Perform Quantitative Risk Analysis

Answer 37

TKBOTP is that it produces quantitative risk information to support decision making in order to reduce project uncertainty.

Question 38

Plan Risk Responses

Answer 38

TKBOTP is that it addresses the risks by their priority, inserting resources and activities into the budget, schedule and project management plan as needed.

Question 39

Control Risks

Answer 39

TKBOTP is that it improves efficiency of the risk approach throughout the project life cycle to continuously optimize risk responses.

Question 40

Plan Procurement Management

Answer 40

TKBOTP is that it determines whether to acquire outside support, and if so, what to acquire, how to acquire it, how much is needed, and when to acquire it.

Question 41

Conduct Procurements

Answer 41

TKBOTP is that it provides alignment of internal and external stakeholder expectations through established agreements.

Question 42

Control Procurements

Answer 42

TKBOTP is that it ensures that both the seller’s and buyer’s performance meets procurement requirements according to the terms of the legal agreement.

Question 43

Close Procurements

Answer 43

TKBOTP is that it documents agreements and related documentation for future reference.

Question 44

Identify Stakeholders

Answer 44

TKBOTP is that it allows the project manager to identify the appropriate focus for each stakeholder or group of stakeholders.

Question 45

Plan Stakeholder Management

Answer 45

TKBOTP is that it provides a clear, actionable plan to interact with project stakeholders to support the project’s interests.

Question 46

Manage Stakeholder Engagement

Answer 46

TKBOTP is that it allows the project manager to increase support and minize resistance from stakeholders, significantly increasing the chances to achieve project success.

Question 47

Control Stakeholder Engagement

Answer 47

TKBOTP is that it will maintain or increase the efficiency and effectiveness of stakeholder engagement activities as the project evolves and it’s environement changes.