Livre BOB - Chapter 13 Project Management Flashcards
Which of the following represent the org levels specific to project management?
Project management in SAP has no organizational levels to itself.
Define the characteristics of projects.
Unique in purpose Capital intensive Time Intensive Complex in nature Involve different functional areas
Which objects of a project are structured hierarchically?
Work Breakdown structure
Activities in a project are linked together using relationships to form the ________.
Network
Define a Work Breakdown Structure.
A WBS contains WBS elements arranged hierarchically to manage costs, budgets, and dates for the project
Define activities.
Activities of a project can be linked to one another in a precedence diagram. The precedence diagram describes the relationships ( dependencies) between the activities , and the order in which they must be completed. The precedence diagram is called a network.
List the operative indicators for WBS elements.
Planning element
Account assignment element
Billing element
A wbs element that has the operative indicator “Planning Element” is an element for which ______
costs and revenues are planned
A WBS element that has the operative indicator “ Account Assignment” is an element for which_______
cost are posted
A WBS element that has the operative indicator, “Billing Element” is an element for which__________
Revenues are posted
List the functions of WBS Elements
WBS Element are associated with the following functions:
Dates Budgets Commitments Costs and revenues Payment information Period closing
List the functions of Activities.
Internally processed Externally processed Materials Costs Milestones Period-end closing
List the five phases of a project.
Concept Rough-cut Planning Detailed Planning Execution Closing
Describe the concept phase of a project.
the project is created and discussion of the project is at a very high level. No detail is present in this phase.
Describe the rough-cut phase of a project.
During the rough-cut phase of a project, WBS Elements are defined at a high level.
It does not include all WBS elements that will be required for the project.
Activities are not essential at the rough-cut phase but may also be present at a high level.