Chapter 1

Question 0

What do mature project management practices help produce?

Answer 0

• better project performance
  
  • project completed on time and on budget
• lower direct costs

Question 1

What is methodology?

What is a process?

Answer 1

• how things should be done.

- a series of actions directed toward a particular result

Question 2

Project management process groups are what? (5 processes)

Answer 2

• Initiating processes
• Planning Processes
• Executing processes
• monitoring and controlling processes
• closing processes

Initiating -> Planning -> executing
-> closing. controlling happens the whole time and measures progress, motivates, and takes corrective action.

Question 3

What are the best project managers called? what do they do differently?

Answer 3

Alpha.

they spend more time on every process group than other PM’s except for execution.

Question 4

What are project champions?

Answer 4

A senior manager who acts as a key proponent. they are executive sponsors for the PM.

Question 5

Advice to help PM’s succeed?

Answer 5

• Provide adequate resources
• encourage cooperation from others and deal with political issues
• mentor and coach on leadership issues
• Develop and enforce organization standards

Question 6

What is the initiating process group?

Answer 6

• develop initial scope, time, and cost
• complete a business case
• assign the pm
• identify key stakeholders
• Project charter
• kickoff meeting (meeting held at the begining of a project so that stakeholders can meet eachother, review goals of project, and discuss future plans)

the project champion should introduce the project sponsor (if different) and manager

Question 7

What is a business case?

Answer 7

document provision financial justification for investing in a project

Question 8

Difference between stakeholder register and stakeholder analysis?

Answer 8

SR: document that includes details related to identified project stakeholders. available to many ppl, not sensitive info.

SA: technique for analyzing info to determine which stakeholders interests to focus on and how to increase stakeholder support throughout the project

Question 9

Project Charter is what?

Answer 9

• formally recognizes existence of project. provides summary of projects main objectives and management.
• authorizes pm to use org resources to complete the project
• letter or agreement , formal contracts, or business cases could be used instead