Chapter 5

Question 1

What is Project Integration Management

Answer 1

Project Integration Management includes the processes required to ensure that the various elements of the project are properly coordinated.

Question 2

What is the importance of Project integration management

Answer 2

For cost estimation

Question 3

What is Earned Value Management (EVM)

Answer 3

One of the techniques used to both integrate the various processes and to measure the performance of the project as it moves from initiation through to completion is Earned Value Management (EVM).

Question 4

What is Earned value

Answer 4

budgeted cost of work performed.

Question 5

What are 3 curves of Earned value chart

Answer 5

The budgeted cost of the work scheduled.
The earned value.
The actual cost of the work performed so far.

Question 6

What is Project Scope Management

Answer 6

Project Scope Management includes the processes required to ensure that the project includes all the work required, and only the work required, to complete the project successfully. It is primarily concerned with defining and controlling what is or is not included in the project.

Question 7

What is Project Time Management

Answer 7

Project Time Management includes the processes required to ensure timely completion of the project.

Question 8

What are 5 major processes in developing the project time schedule

Answer 8

(a) Activity Definition—identifying the specific activities that must be performed to produce the various project deliverables.
(b) Activity Sequencing—identifying and documenting interactivity dependencies.
(c) Activity Duration Estimating—estimating the number of work periods that will be needed to complete individual activities.
(d) Schedule Development—analyzing activity sequences, activity duration, and resource requirements to create the project schedule.
(e) Schedule Control—controlling changes to the project schedule.

Question 9

What is Project Cost Management

Answer 9

Project Cost Management includes the processes required to ensure that the project is completed within the approved budget.

Question 10

What are 4 key areas of project cost management

Answer 10

Resource Planning—determining what resources (people, equipment, materials) and what quantities of each should be used to perform project activities.
Cost Estimating—developing an approximation (estimate) of the costs of the resources needed to complete project activities.
Cost Budgeting—allocating the overall cost estimate to individual work activities.
Cost Control—controlling changes to the project budget.

Question 11

What is Project Quality Management

Answer 11

Project Quality Management includes the processes required to ensure that the project will satisfy the needs for which it was undertaken.

Question 12

What are quality management functions

Answer 12

quality planning, quality assurance, quality control, and quality improvement

Question 13

Does the process interact with other processes of knowledge areas

Answer 13

Yes

Question 14

Does product refers to services and goods

Answer 14

Yes

Question 15

What is Project Human Resource Management

Answer 15

Project Human Resource Management includes the processes required to make the most effective use of the people involved with the project.

Question 16

What are processes for Project Human Resource Management

Answer 16

Organizational Planning—identifying, documenting, and assigning project roles, responsibilities, and reporting relationships.
Staff Acquisition—getting the human resources needed assigned to and working on the project.
Team Development—developing individual and group competencies to enhance project performance.

Question 17

What are Project Communications Management

Answer 17

Project Communications Management includes the processes required to ensure timely and appropriate generation, collection, dissemination, storage, and ultimate disposition of project information.

Question 18

What are Major processes of Project Communications Management

Answer 18

Communications Planning—determining the information and communications needs of the stakeholders: who needs what information, when they will need it, and how it will be given to them.
Information Distribution—making needed information available to project stakeholders in a timely manner.
Performance Reporting—collecting and disseminating performance information. This includes status reporting, progress measurement, and forecasting.
Administrative Closure—generating, gathering, and disseminating information to formalize a phase or project completion.

Question 19

What are Sender-receiver models

Answer 19

feedback loops, barriers to communications, etc.

Question 20

What are Choice of media

Answer 20

when to communicate in writing versus when to communicate orally, when to write an informal memo versus when to write a formal report, etc.

Question 21

What are Writing style

Answer 21

active versus passive voice, sentence structure, word choice, etc.

Question 22

What are Presentation techniques

Answer 22

body language, design of visual aids, etc

Question 23

What are Meeting management techniques

Answer 23

preparing an agenda, dealing with conflict, etc

Question 24

What is Project Risk management

Answer 24

Project Risk management is the systematic process of identifying, analyzing, and responding to project risk.

Question 25

What are Project Risk management processes

Answer 25

Risk Management Planning—deciding how to approach and plan the risk management activities for a project.
Risk Identification—determining which risks might affect the project and documenting their characteristics.
Qualitative Risk Analysis—performing a qualitative analysis of risks and conditions to prioritize their effects on project objectives.
Quantitative Risk Analysis—measuring the probability and consequences of risks and estimating their implications for project objectives.
Risk Response Planning—developing procedures and techniques to enhance opportunities and reduce threats to the project’s objectives.
Risk Monitoring and Control—monitoring residual risks, identifying new risks, executing risk reduction plans, and evaluating their effectiveness throughout the project life cycle.

Question 26

What are Project Procurement Management

Answer 26

Project Procurement Management includes the processes required to acquire goods and services, to attain project scope, from outside the performing organization.

Question 27

What are processes of Project Procurement Management

Answer 27

Procurement Planning—determining what to procure and when.
Solicitation Planning—documenting product requirements and identifying potential sources.
Solicitation—obtaining quotations, bids, offers, or proposals, as appropriate.
Source Selection—choosing from among potential sellers.
Contract Administration—managing the relationship with the seller.
Contract Closeout—completion and settlement of the contract, including resolution of any open items.

Question 28

What is subcontractor, a vendor, or a supplier

Answer 28

Seller