6 PMP - Process Key Benefits Flashcards
Which process is this?
The key benefit of this process 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.
Develop Project Charter
Which process is this?
The key benefit of this process is a central document that defines the basis of all project work.
Develop Project Management Plan
Which process is this?
The key benefit of this process is that it provides overall management of the project work.
Direct and Manage Project Work
Which process is this?
The key benefit of this process is that it allows stakeholders to understand the current state of the project, the steps taken, and budget, schedule, and scope forecasts.
Monitor and Control Project Work
Which process is this?
The key benefit of this process 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.
Perform Integrated Change Control
Which process is this?
The key benefit of this process is that it provides lessons learned, the formal ending of project work, and the release of organization resources to pursue new endeavors.
Close Project or Phase
Which process is this?
The key benefit of this process is that it provides guidance and direction on how scope will be managed throughout the project.
Plan Scope Management
Which process is this?
The key benefit of this process is that it provides the basis for defining and managing the project scope including product scope.
Collect Requirements
Which process is this?
The key benefit of this process is that it describes the product, service, or result boundaries by defining which of the requirements collected will be included in and excluded from the project scope.
Define Scope
Which process is this?
The key benefit of this process is that it provides a structured vision of what has to be delivered.
Create WBS
Which process is this?
The key benefit of this process is that it brings objectivity to the acceptance process and increases the chance of final product, service, or result acceptance by validating each deliverable.
Validate Scope
Which process is this?
The key benefit of this process is that it allows the scope baseline to be maintained throughout the project.
Control Scope
Which process is this?
The key benefit of this process is that it provides guidance and direction on how the project schedule will be managed throughout the project.
Plan Schedule Management
Which process is this?
The key benefit of this process is to break down work packages into activities that provide a basis for estimating, scheduling, executing, monitoring, and controlling the project work.
Define Activities
Which process is this?
The key benefit of this process is that it defines the logical sequence of work to obtain the greatest efficiency given all project constraints.
Sequence Activities
Which process is this?
The key benefit of this process is that it identifies the type, quantity, and characteristics of resources required to complete the activity which allows more accurate cost and duration estimates.
Estimate Activity Resources
Which process is this?
The key benefit of this process is that it provides the amount of time each activity will take to complete, which is a major input into the Develop Schedule process.
Estimate Activity Durations
Which process is this?
The key benefit of this process is that 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.
Develop Schedule
Which process is this?
The key benefit of this process is that it provides the means to recognize deviation from the plan and take corrective and preventive actions and thus minimize risk.
Control Schedule
Which process is this?
The key benefit of this process is that it provides guidance and direction on how the project costs will be managed throughout the project.
Plan Cost Management
Which process is this?
The key benefit of this process is that it determines the amount of cost required to complete project work.
Estimate Costs
Which process is this?
The key benefit of this process is that it determines the cost baseline against which project performance can be monitored and controlled.
Determine Budget
Which process is this?
The key benefit of this process is that it provides the means to recognize variance from the plan in order to take corrective action and minimize risk.
Control Costs
Which process is this?
The key benefit of this process is that it provides guidance and direction on how quality will be managed and validated throughout the project.
Plan Quality Management
Which process is this?
The key benefit of this process is that it facilitates the improvement of quality processes.
Perform Quality Assurance
Which process is this?
The key benefits of this process 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.
Control Quality
Which process is this?
The key benefit of this process is that it establishes project roles and responsibilities, project organization charts, and the staffing management plan including the timetable for staff acquisition and release.
Plan Human Resource Management
Which process is this?
The key benefit of this process consists of outlining and guiding the team selection and responsibility assignment to obtain a successful team.
Acquire Project Team
Which process is this?
The key benefit of this process is that it results in improved teamwork, enhanced people skills and competencies, motivated employees, reduced staff turnover rates, and improved overall project performance.
Develop Project Team
Which process is this?
The key benefit of this process is that it influences team behavior, manages conflict, resolves issues, and appraises team member performance.
Manage Project Team
Which process is this?
The key benefit of this process is that it identifies and documents the approach to communicate most effectively and efficiently with stakeholders.
Plan Communications Management
Which process is this?
The key benefit of this process is that it enables an efficient and effective communications flow between project stakeholders.
Manage Communications
Which process is this?
The key benefit of this process is that it ensures an optimal information flow among all communication participants, at any moment in time.
Control Communications
Which process is this?
The key benefit of this process 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.
Plan Risk Management
Which process is this?
The key benefit of this process is the documentation of existing risks and the knowledge and ability it provides to the project team to anticipate events.
Identify Risks
Which process is this?
The key benefit of this process is that it enables project managers to reduce the level of uncertainty and to focus on high-priority risks.
Perform Qualitative Risk Analysis
Which process is this?
The key benefit of this process is that it produces quantitative risk information to support decision making in order to reduce project uncertainty.
Perform Quantitative Risk Analysis
Which process is this?
The key benefit of this process is that it addresses the risks by their priority, inserting resources and activities into the budget, schedule and project management plan as needed.
Plan Risk Responses
Which process is this?
The key benefit of this process is that it improves efficiency of the risk approach throughout the project life cycle to continuously optimize risk responses.
Control Risks
Which process is this?
The key benefit of this process 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.
Plan Procurement Management
Which process is this?
The key benefit of this process is that it provides alignment of internal and external stakeholder expectations through established agreements.
Conduct Procurements
Which process is this?
The key benefit of this process is that it ensures that both the seller’s and buyer’s performance meets procurement requirements according to the terms of the legal agreement.
Control Procurements
Which process is this?
The key benefit of this process is that it documents agreements and related documentation for future reference.
Close Procurements
Which process is this?
The key benefit of this process is that it allows the project manager to identify the appropriate focus for each stakeholder or group of stakeholders.
Identify Stakeholders
Which process is this?
The key benefit of this process is that it provides a clear, actionable plan to interact with project stakeholders to support the project’s interests.
Plan Stakeholder Management
Which process is this?
The key benefit of this process is that it allows the project manager to increase support and minimize resistance from stakeholders, significantly increasing the chances to achieve project success.
Manage Stakeholder Engagement
Which process is this?
The key benefit of this process is that it will maintain or increase the efficiency and effectiveness of stakeholder engagement activities as the project evolves and its environment changes.
Control Stakeholder Engagement
