CH. 1 INTRODUCTION Flashcards

1
Q

A temporary endeavor undertaken to create a unique product, service, or result.

A

A Project

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2
Q

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

A

TAILORING

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3
Q

Unique and verifiable product, result, or capacity to perform a service that is required to complete a process, phase or project

A

DELIVERABLE

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4
Q

Types of Deliverables?

A

TANGIABLE AND INTANGIABLE

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5
Q

Net quantifiable benefit derived from a business endeavor, according to PMI definition

A

BUSINESS VALUE

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6
Q

Organizational leaders initiate projects in response to which factors acting upon their organizations?

A
  • Regulatory, legal, and social
  • Stakeholder needs
  • Business and Technological Strategy Change
  • Create, improve, fix products, processes, or services.
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7
Q

A series of phases that a project passes through from its start to completion

A

PROJECT LIFE CYCLE

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8
Q

A collection of logically related project activities that culminates in the completion of one or more deliverables

A

PROJECT PHASE

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9
Q

Name three types of project phases

A

SEQUENTIAL, ITERATIVE, OR OVERLAPING

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10
Q

Name two main types of project life cycles

A
  • PREDICTIVE

- ADAPTIVE

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11
Q

Name the types of development life cycles according to PMBOK

A
  • PREDICTIVE,
  • ITERATIVE,
  • INCREMENTAL,
  • ADAPTIVE,
  • HYBRID MODEL
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12
Q

What is held at the end of each phase of the project

A

A PHASE GATE

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13
Q

Project life cycle is managed by a series of P.M. activities that known as …

A

PROJECT MANAGEMENT PROCESSESS

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14
Q

Depending on number of iterations in PMLC, processes are categorized as …

A
  • PROCESSESS USED ONCE,
  • PERIODICALLY, and
  • CONTINUOUSLY
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15
Q

Name five process management process groups

A
  • INITIATING,
  • PLANNING,
  • EXECUTING,
  • MONITORING & CONTROLLING,
  • CLOSING
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16
Q

Name two project management business documents

A
  • PROJECT MANAGEMENT BUSINESS CASE and

- PROJECT BENEFITS MANAGEMENT PLAN

17
Q

Document that describes how and when the benefits of the project will be delivered, and describes the mechanizms that should be in place to meassure those benefits

A

PROJECT BENEFITS MANAGEMENT PLAN

18
Q

Document that formally authorizes the existence of a project and provides the project manager with the authority to apply organizational resources to project activities.

Who issues this document?

A

THE PROJECT CHARTER.

Issued by: THE PROJECT SPONSOR

19
Q

Document that describes how the project will be executed, monitored, and controlled

A

PROJECT MANAGEMENT PLAN

20
Q

One of the major criteria that project success should be measured with consideration toward

A

PROJECT OBJECTIVES

21
Q

Every project management process produces one or more _____ from one or more _____ by using the appropriate project management tools and techniques.

A

OUTPUTS, INPUTS