Introduction to Project Management Flashcards
True or False. The product life cycle is contained within the predictive project life cycle.
False
Definition of portfolio management
Centralized management of one or more portfolios to achieve strategic objectives.
Project Operations.
Ongoing endeavors that produce repetitive outputs, with resources assigned to do basically the same set of tasks.
Definition of Deliverable
Any unique and verifiable product, result, or capability to perform a service that is required to be produced to complete a process, phase or project.
Definition of Project Life Cycle
Collection of generally sequential and sometimes overlapping project phases, whose name and number are determined by the management and control needs of the organization or organizations involved in the project.
Configuration management and issue defect management data are examples of which of the following?
Organizational knowledge repositories.
The differences between management and leadership include:
Directing vs. Influencing;
Accept status quo vs. challenge status quo;
Focus on systems vs. Focus on relationships;
Project managers are responsible for guiding the team, and completing which of the following when performing integration of the project?
Work with the sponsor to understand the strategic objectives.
Purpose of the Initiating Process Group
Align the stakeholders’ expectations and the project purpose, inform stakeholders of the scope and objectives, and discuss how their participation in the project and its associated phases can help to ensure their expectations are met.