Exam

Question 1

Definition of project

Answer 1

A project is a sequence of unique, complex, and connected activities having one goal or purpose and that must be completed by a specific time, within budget,and according to specification.

Question 2

The Scoping

Process Group

Answer 2

Develop and gain approval of a general statement
concerning the goal and business value of the
project.
Recruiting the project manager
Eliciting the true needs of the client
Documenting the client’s needs
Negotiating with the client how these needs will be met
Writing a one-page description of the project
Gaining senior management approval to plan the project

Question 3

The Planning

Process Group

Answer 3

Identify work to be done and estimate time, cost
and resource requirements and gain approval.
Defining all of the work of the project
Estimating how long it will take to complete this work
Estimating the resources required to complete the work
Estimating the total cost of the work
Sequencing the work
Building the initial project schedule
Analyzing & adjusting the project schedule
Writing a risk management plan
Documenting the project plan
Gaining senior management approval to launch the project

Question 4

The Launching

Process Group

Answer 4

Recruit the team and establish team operating rules.
Recruiting the project team
Writing the Project Description Document
Establishing team operating rules
Establishing the scope change management process
Managing team communications
Finalizing the project schedule
Writing work packages

Question 5

The Monitoring
& Controlling
Process Group

Answer 5

Respond to change requests and resolve problem
situations to measure and maintain project progress.
Monitoring project performance
Establishing the project performance and reporting system
Monitoring risk
Reporting project status
Processing scope change requests
Discovering and solving problems

Question 6

The Closing

Process Group

Answer 6

Assure attainment of client requirements and
install deliverables.
Gaining client approval of having met project requirements
Planning and installing deliverables
Writing the final project report
Conducting the post-implementation audit

Question 7

WBS Completion Criteria

Answer 7

1 Status and completion are measurable
Can I determine activity status at any point in time?
2 The activity is bounded.
Is there a defined start and end event?
3 The activity must have a deliverable.
4 Time and cost must be easily estimated.
5 Activity duration must be within acceptable limits.
6 Work assignments must be independent.

Question 8

Why is the WBS Important?

Answer 8

Thought process tool: It helps the project manager and the planning team visualize exactly how the work of the project can be defined and managed effectively.
Architectural design tool: WBS is a picture of the work of the project and how the items of work are related to one another.
Planning tool: It is at the lowest activity level of the WBS that you will estimate effort, elapsed time, and resource requirements; build a schedule; and estimate deliverable dates and project completion.
Project status reporting tool: WBS defines milestone events that can be reported to senior management and the client. Shading is often used to highlight completed tasks and activities.

Question 9

Scope Triangle

Answer 9

The Scope Triangle is a system in balance.
The lengths of the three sides (Time, Cost, Resource) exactly bind Scope & Quality.
Changes in the variables will cause the system to be out of balance
These constraints form an interdependent set: a
change in one constraint automatically requires a
change in another constraint in order to restore the
equilibrium of the project.
The set of these five parameters forms a system that must remain in balance for the project to be in balance.