Class

Question 1

Project

Answer 1

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

Question 2

Stakeholders

Answer 2

an individual, or organization who may affect, be affected by, or perceive itself to be affected by a decision, activity, or outcome of a project.

Question 3

Project Management

Answer 3

the application of knowledge, skills, tools and techniques to project activities to meet project requirements.

Question 4

PM Process Group

Answer 4

a logical grouping of the project management inputs, tools and techniques, and outputs.
There are five Process Groups: Initiating, Planning, Executing, Monitoring and Controlling, Closing.

Question 5

10 Knowledge Areas:

Answer 5

Integration management; Scope management; Schedule management; Cost management; Quality management; Resource management; Communications management; Risk management; Procurement management; Stakeholder management

Question 6

Project life cycle:

Answer 6

the series of phases that a project goes through from its initiation to its closure.

Question 7

Sponsor

Answer 7

the person or group that provides resources and support for the project and is accountable for enabling success

Question 8

Project Management Office (PMO):

Answer 8

an organizational structure that standardizes the project related governance processes and facilitates the sharing of resources, methodologies, tools and techniques.

Question 9

Project manager:

Answer 9

the person assigned by the performing organization to lead the team that is responsible for achieving the project objectives.

Question 10

Project management team:

Answer 10

members who are directly involved in project management activities