Exam 1 Flashcards
Individual projects often address ____ goals, whereas project portfolio management addresses strategic goals.
tactical
is the tenth project management knowledge area, according to PMI.
Project stakeholder management
By the end of December, 2016 there were ____ certified project management professionals.
745,891
Which of the following is considered to be a “super tool” or tool that has high use and high potential for improving project success?
lessons-learned reports
A ____ is defined as projects, program, subsidiary portfolios, and operations managed as a group to achieve strategic objectives.
portfolio
The project management framework includes five process groups and ten
knowledge areas
Conducting work in a(n) ____ manner helps the profession earn the confidence of the public, employers, employees, and project team members
ethical
What is the popular certification program called that the Project Management Institute provides?
Project Management Professional (PMP)
The CHAOS studies defined project success based on
meeting scope, time, and cost goals
Between 2010 and 2020, ___ new project management roles will be created globally.
15.7 million
is the result of subtracting the project costs from the benefits and then dividing by the costs
Return on investment - ROI
You can establish minimum scores or ____ when using a weighted scoring model.
thresholds
The last step in the four-stage planning process for projects is
resource allocation
A project in the ____ category must be accomplished to run the business.
core
The first step in the four-stage planning process for projects is
strategic planning
Which of the following is not a major benefit of grouping projects into programs?
increasing revenues
You calculate cash ____ by subtracting costs from benefits, or expenses from income.
flow
What does the S stand for in a SWOT analysis
strengths
In contrast to the traditional, top-down planning approach, an _____ planning approach is much more flexible.
agile
A college approved a project to provide discounts for faculty, students, and staff to use the city’s new light-rail system. Under what existing program might this project naturally fit?
transportation program
What is a crucial part of the project charter—a section in which key project stakeholders acknowledge their agreement on the need for the project?
sign-off
Which of the following is recommended in this text but is not an output of initiating in the PMBOK® Guide, Sixth Edition
kick-off meeting
In which of the five project management process groups is the most time and money usually spent?
executing
In Phase I of the Just-In-Time Project, Kristin estimated that the project would have a ____ percent discounted return on investment and payback in the second year after implementing the new training program
27
is the leading agile development model for completing projects with a complex, innovative scope of work
scrum
Preparing a stakeholder register and performing a stakeholder analysis are part of which knowledge area?
project stakeholder management
In which knowledge area do the best or alpha project managers spend almost twice as much time as typical project managers?
Planning
A ____________ describes how things should be done
process
For a large training project, there is often a(n) ____ project done first before investing in a larger project
study
What document provides justification for investing in a project
business case
High level items in a WBS are broken down or _______ into smaller tasks
decomposed
Which of the following is not part of a scope baseline
work package
A WBS _____ is a document that describes the deliverables on the WBS in more detail.
dictionary
Project scheduling software uses the ____ format to represent the WBS
tabular
________ are conditions or capabilities that must be met by the project or present in the product, service, or result to satisfy an agreement or other formally imposed specification
Requirements
A project management plan is the main output of the project ________ knowledge area
Integration
A _____________ is a table that lists requirements, various attributes of each requirement, and the status of the requirements.
requirements traceability matrix
Project ____ management involves coordinating all the project management knowledge areas throughout a project’s life span.
integration
Scope statements should include, at a minimum, a product scope description, product user acceptance criteria, and detailed information on all project ____
deliverables
