Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

Project Mgmt > Chapter 1 - PM > Flashcards

Chapter 1 - PM Flashcards

1
Q

True or False

Project managers’ careful balancing of outcomes, schedules, and resources often determine whether a project is a success.

A

True

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

True or False

Successful project managers need targeted skills and techniques so they can steer projects to successful completion

A

True

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Define Project

A

A temporary endeavor undertaken to create a unique product or service. It is specific, timely, usually multi-disciplinary, and always conflict ridden.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

A series of steps by which a particular job function is routinely performed

A

Process

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Work performed toward achieving a long-range goal

A

Program

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

The process of guiding a project from its beginning through its performance to its closure

A

Project Management

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Project management is made up of what three operations/activities

A
  1. Planning
  2. Organizing
  3. Controlling
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Specifying results to be achieved, determining schedules, and estimating resources required

A

Planning

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Defining people’s roles and responsibilities

A

Organizing

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Reconfirming people’s expected performance, monitoring actions and results, addressing problems encountered, and sharing information with interested people.

A

Controlling

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Three core elements of a project

A
  1. Outcome
  2. Schedule
  3. Resources
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Project has at least one goal of creating specific product or result

A

Outcome

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Project work begins and ends on specific, established dates

A

Schedule

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Projects require amounts of people, funds, equipment, facilities, and information

A

Resources

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

True or False

Project managers don’t spend a lot of time adapting to unpredicted changes

A

False

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q
  • Each project is unique
  • Projects have a higher potential for conflict than nonprojects
  • Project success is absolutely dependent on detailed planning
  • Project budges and schedules are constructed differently from standard, nonproject budgets and schedules
  • Projects are accomplished in unique ways
  • Projects are often multidisciplinary
  • Projects often don’t fit into traditional managerial hierarchy
A

How projects differ from nonprojects

17
Q

The person ultimately responsible for the successful completing of a project

A

Project manager

18
Q

The team members’ direct-line supervisors

A

Functional manager

19
Q
  • Describing objectives, schedule, and resource budgets
  • Ensuring a clear, feasible project plan for how everyone will reach performance targets
  • Creating and sustaining a focused and committed team
  • Selecting or creating a team’s operating practices and procedures
  • Managing the accomplishment of objectives,within time and budget targets
  • Monitoring performance against plans and dealing with any problems that arise
  • Resolving priority, work approach, or interpersonal conflicts
  • Controlling project changes
  • Reporting on project activities
  • Keeping client informed and committed
  • Contributing to team members’ performance appraisals
A

What Project Manager are responsible for

20
Q
  • Developing and approving plans that specify the type, timing, and amount of resources needed to do tasks in their area of specialty
  • Ensuring team members are available to perform their assigned tasks when needed and for the amount of time promised
  • Providing technical expertise and guidance to help team members solve problems related to their project assignments
  • Providing the equipment and facilities for a person to do their work
  • Helping people maintain their technical skills and knowledge
  • Ensuring consistent methodological approches on all projects throughout the organization dealing with a particular area
  • Completing team members’ performance appraisals
  • Recognizing performance with salary increases, promotions, and job assignments
  • Approving team members’ requests for annual leave, administrative leave, training, and other activities that will take time away from the job
A

What functional managers are responsible for

21
Q

True or False

The project manager needs to know exactly why the organization selected the specific project because this sheds considerable light on what the project is expected to accomplish, from senior management’s point of view

A

True

22
Q

True or False

Project managers should not take the initiative for planning and controlling projects

A

False

23
Q
  • Advocates for a project in disputes, planning meetings, and review sessions
  • Takes necessary actions to help ensure a project is successfully completed
  • Has sufficient power and authority to help resolve conflicts over resources, schedules, and technical issues
  • Willing to have their name cited as a strong supporter of the project
A

What a project champion does

24
Q

True or False

For virtual projects to succeed, communication between project manager and project team must be frequent, open, and two-way

A

True

25
Q

Careful assessment and planning are critical to successful project management. Unfortunately,

A

upper management rarely asks project managers to assess and plan prior to beginning a project

26
Q
  • Appropriately question all project assumptions
  • Be empowered by their bosses to analyze the project
  • Determine the work to be done and the resources required
A

What project managers must do to function as planning agents

27
Q

The “high responsibility, little authority” challenge of project management means

A

Project managers are highly responsible for results but have little authority to enforce decisions

28
Q

A project that utilized cutting-edge technology is best defined as a

A

Breakthrough project

29
Q

True or False

A portfolio approach to project ranks an organizations’ projects based on profitability

A

False

30
Q

A project that builds on established projects with only incremental differences and updates is

A

Derivative

31
Q

One of the greatest challenges of managing a virtual project is

A

the lack of real-time, two-way communication

Project Mgmt (7 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions