Basics

Question 1

A form of project life cycle in which the project scope, time, and cost are determined in the early phases of the life cycle.

Answer 1

In a predictive lifecycle, the project scope, time, and cost are determined in the early phases of the life cycle. Any changes to the scope are carefully managed. Predictive life cycles may also be referred to as waterfall life cycles.

Question 2

What is the definition of a project?

Answer 2

A project is a temporary endeavor undertaken to create a unique product, service, or result.
It has a definite beginning and end and are undertaken to fulfill objectives by producing deliverables.

Question 3

What type of project life cycle is most suitable for a project in which you intend to respond to high levels of change and ongoing stakeholder involvement?

Answer 3

Adaptive life cycles are agile, iterative, or incremental. The detailed scope is defined and approved before the start of an iteration. Adaptive life cycles are also referred to as agile or change-driven life cycles.

Question 4

What is a deliverable?

Answer 4

A deliverable is defined as any unique and verifiable product, result, or capability to perform a service that is required to be produced to complete a process, phase, or project.

Question 5

What are the four qualities that characterize projects of all types?

Answer 5

1. Creates a unique product, service, or result.
2. Is a temporary endeavor.
3. Drives change.
4. Enables business value creation.

Question 6

What are the factors that cause a project to start?

Answer 6

1. Meet regulatory, legal, or social requirements.
2. Satisfy stakeholder requests or needs
3. Implement or change business or technological strategies.
4. Create, improve, or fix products, processes, or services.

Question 7

What is a portfolio?

Answer 7

A portfolio is a group of projects, programs, subsidiary portfolios, and operations managed as a group to achieve strategic objectives.

Question 8

What is a program?

Answer 8

A program is a group of related projects, subsidiary programs, and/or program activities that accomplish a set of goals.

Question 9

What is project management?

Answer 9

Project management is the application of knowledge, skills, tools, and techniques to project activities in order to meet the project requirements.

Question 10

What are operations?

Answer 10

Operations transforms resource or data inputs into desired goods, services, or results, and delivers value to the customers.

Question 11

What is a project phase?

Answer 11

A collection of logically related project activities that, together, produces one or more deliverables.

Question 12

What is a phase gate?

Answer 12

A review at the end of a phase in which a decision is made to continue, modify, or end a phase or project.

Question 13

What is the project life cycle?

Answer 13

A series of phases that a project passes through from start to completion; a framework for managing the project.
Can be predictive or adaptive with phases that may be sequential, iterative, or overlapping.

Question 14

What are project management processes?

Answer 14

A systematic series of activities where inputs are acted upon by tools and techniques to create outputs. An output can be a deliverable or another type of outcome.

Question 15

What are process groups?

Answer 15

A logical grouping of project management processes to achieve specific project objectives.
Independent of process phases as well as the application area or industry focus.

Question 16

What are knowledge areas?

Answer 16

An identified area of project management defined by its knowledge requirements and described in terms of its component processes, practices, inputs, outputs, tools, and techniques.

Question 17

What is work performance data?

Answer 17

The raw observations and measurements identified during activities performed to carry out the project work.

Question 18

What is the business case?

Answer 18

A documented economic feasibility study used to establish the validity of the benefits of a selected component lacking sufficient definition and that is used as a basis for the authorization of further project management activities.

Question 19

What is an agreement?

Answer 19

A mutually binding document that obligates a seller to provide the specific products, services, or results of a contract, memorandum of understanding (MOU), letters of agreement, verbal agreements, email or other tangible forms.
An agreement will also obligate the buyer (in this case, the sponsoring organization of a project) to compensate the seller.
An agreement represents a legal relationship that is subject to remedy in the courts.

Question 20

What is the project charter?

Answer 20

The document issued by the project sponsor that formally authorizes the existence of a project and provides the project manager with the authority to apply organizational resources to project activities.

Question 21

What is the project management plan?

Answer 21

A comprehensive document that describes how the project will be executed, monitored, and controlled.

Question 22

What is governance?

Answer 22

Governance is the framework within which authority is exercised in organizations. This framework includes but it’s not limited to: rules, policies, procedures, norms, relationships, systems and processes.

Question 23

What are the internal EEFs? (Enterprise environmental factors)

Answer 23

Organizational culture, structure and governance; geographic distribution of facilities and resources; infrastructure; information technology software; resource availability; employee capability.

Question 24

What are the external EEFs? (Enterprise environmental factors)

Answer 24

Marketplace conditions; social and cultural influences and issues; legal restrictions; commercial databases; academic research; government or industry standards; financial considerations; physical environment elements.

Question 25

What information is stored in an organisational knowledge respiratory?

Answer 25

Configuration management knowledge repositories containing the versions of software and hardware components; financial data repositories; historical information and lessons learned knowledge repositories; issue and defect management data repositories; data repositories; and project files from previous projects.

Question 26

What are organizational process assets? (OPAs)

Answer 26

Organizational process assets are the plans, processes, policies, procedures and knowledge bases specific to and used by the performing organization. These assets influence the management of the project.

Question 27

What are enterprise environmental factors? (EEFs)

Answer 27

Uncontrollable conditions that influence constrain or direct the project. They can be internal or external to the organization and have a positive or negative influence on the outcome of the project. They are considered as inputs to project management processes, especially those around planning.

Question 28

What is a system and a system component?

Answer 28

A system is a collection of various components that produce results not obtainable by the individual components alone.
A system component is an identifiable element that provides a particular function or group of related functions.

Question 29

What are the forms of power?

Answer 29

Positional, informational, referent, situational, personal or charismatic, relational, expert, reward-oriented, punitive or coercive, ingratiating, pressure-based, guilt-based, persuasive, and avoiding.

Question 30

What is a tool?

Answer 30

The tool is something tangible like a diagram or software program that can help you perform an activity.

Question 31

What is the technique?

Answer 31

Technique is a defined, systematic procedure used to perform an activity.

Question 32

What is management and what is leadership?

Answer 32

Management is closely associated with directing another person to get from one point to another using a known set of expected behaviors.
Leadership involves working with others through discussion or debate in order to guide them from one point to another.

Question 33

What is project tailoring?

Answer 33

Determining the appropriate combination of processes, inputs, tools, techniques, outputs, and life cycle phases to manage a project.

Question 34

What is the purpose of the standard for project management?

Answer 34

It identifies the processes that are considered good practices on most projects, most of the time.

Question 35

Why is project tailoring necessary?

Answer 35

Tailoring is necessary because each project is unique. Therefore not every process, input, tool, technique, or output is required on every project.