Chpt 8 part 1 Managing Projects

Question 1

Gideo and Clements (4) Stages in Project Life Cycle

Answer 1

1 - Identify a need (Problem) - feasibility, produce PDI
2 - Develop proposed solution
3 - Perform project
4 - Completion

Question 2

Managing the project team- 6 C’s

Answer 2

1 - Collaboration
2 - Communication
3 - Clearly understood purpose, roles
4 - Camaraderie
5 - Commitment
6 - Creativity

Question 3

Stages of a project - 4-D

Answer 3

Define
Design
Deliver
Develop

Question 4

Maylor - successful project 7-S

Answer 4

Strategy
Structure
Systems
Staff
Skills
Style
Shared values (stakeholders)

Question 5

Project Management Institute IPECC

Answer 5

Initiation
Planning
Execution and Control
Closing

Question 6

PMI - The 9 Knowledge areas

Answer 6

1 - Integration
2 - Scope
3 - Time
4 - Cost
5 - Quality
6 - HR
7 - Communication
8 - Risk
9 - Procurement

Question 7

Risk Management 5 steps

Answer 7

1 - Identify 
2 - Assess probability and impact
3 - Plan/respond
4 - Manage risk TARA
5 - Review for future reference

Question 8

PRINCE 2 (Learn!!) 
PRojects IN Controlled Enviroments

Answer 8

1 - Starting up a project
2 - Directing a project 
3 - Initiating a project 
4 - Planning 
5 - Controlling a stage
6 - Manage product delivery
7 - Manage stage boundaries
8 - Closing a project

Question 9

Critical path

Answer 9

EET = LET

Longest path through network and shortest time to complete project

Question 10

Total Float

Answer 10

Time available

= End LET - Start EET - duration

Question 11

Free Float

Answer 11

Delay possible is all activities start as early as possible

= End EET - Start EET - duration

Question 12

Independent Float

Answer 12

Delay is all proceeding activities finish late as possible and all succeeding activities start as early as possible

= End EET - Start LET - duration