ENG 2001 Quiz 1

Question 1

What is a project

Answer 1

Temporary endeavor to create a unique product/service or result

Question 2

Operations

Answer 2

Upon completion, project transitioned to operations. Responsible for on-going creation of goods or services

Question 3

Project management

Answer 3

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

Question 4

Project life cycle

Answer 4

Organization of activities to complete a project.
(Initiation phase) - Determine overall parameters
(Planning Phase) - plan the details of the work to be done
(Executing phase) - Produce the product, services, or results based on planning
(Closing phase) - End the project and compare results with initial parameters

Question 5

Project stakeholders

Answer 5

Individuals, groups, or organizations that are involved in or impacted by a project.
Such as: P sponsor, P manager, P team, Managers, customers, employees, suppliers, government, interest groups

Question 6

Project constraints

Answer 6

Fundamental project constraints
- Scope
- Time
- Cost
others: Quality, resources, risks

Question 7

Programs and portfolios

Answer 7

Programs: grouping of projects that are related by a common business objective; ex: flyover bridge, dam, subdivision progs
Portfolios: The Project initiatives chosen by the org to perform and achieve strategic objectives of the org

Question 8

Initiation phase
What does it require

Answer 8

Provides foundation for remainder of project
Requires Business case, and project charter

Question 9

Initiation phase
What does it require

Answer 9

Provides a foundation for the remainder of the project
Requires Business case, and project charter

Question 10

Business case
Subsections?

Answer 10

Likely costs compared with potential benefit to determine best course of action when initiating.
Background, business opportunitiy, options, cost-benefit analysis

Question 11

Project charter
Subsections?

Answer 11

Project launched by creating a charter
Used to ensure there is an agreement between sponsor, proj manager and other key stakeholders
Contains: goals, objectives, budget, sponsor and p manager, additional key stakeholders, project milestone, risks

Question 12

Stakeholder planning
Two main steps are?

Answer 12

Identify all stakeholders and build an effective relationship with each of them.
- Stakeholder register
- Stakeholder engagement plan

Question 13

Power of stakeholder
sources

Answer 13

Positively or negatively affect the project
Sources: job position, role in project, expertise

Question 14

Stakeholder characteristics
AKA Stakeholder Register
Three

Answer 14

Level of power
Level of engagement
Willingness of stakeholder

Question 15

Stakeholder engagement plan
Two things

Answer 15

Steps to maintain relationship with stakeholders
About them, how to engage

Question 16

Project Scope Planning
- Project requirements
- Project production

Answer 16

Requirements list: Functional, Performance, Technical
Production: Deliverables(Work breakdown structure), into work packages. (8/80 rule, work package not less than 8 hours, or more than 80 hours )

Question 17

Schedule planning

Answer 17

List of activities in logical order with time frame for each activity. resources, and cost required may be included.

Question 18

Contingency

Answer 18

Contingency must be accounted for when estimating activities, as a total at the end or for each activity.

Question 19

Work/Duration

Answer 19

Duration is length of time that an activity continues
Work is amount of effort and use spent to complete the activity.

Question 20

Dependency based schedule
Lead/Lag

Answer 20

Shows dependencies between activities
Lag may be required to compensate or prepare for contingencies

Question 21

Critical path analysis

Answer 21

Longest sequence of activities, earliest planned completion time for the project.

Question 22

Total float

Answer 22

Amount of time an activity may be delayed before it delays the project end date