M1&2

Question 1

What is a Project?

Answer 1

a temporary endeavor undertaken to create unique product, service or result

Question 2

What is Operations?

Answer 2

ongoing execution of activities which occur to produce the same result or repetitive service

Question 3

What is Project Management?

Answer 3

-the discipline of initiating, planning, executing, controlling and closing the work of a team to achieve specific goals and meet specific success criteria
-the application of knowledge, skills, tools and techniques to project activities to meet the project requirements

Question 4

What makes an effective project team

Answer 4

clear sense of mission
productive interdependency
cohesiveness
trust
enthusiasm
results oriented

Question 5

what is PMI

Answer 5

Project Management Institute

Question 6

PMBOK

Answer 6

Project Management Body of Knowledge

Question 7

5 Process groups of PM

Answer 7

Initiating
Planning
Executing
Monitoring and Controlling
Closing

Question 8

10 Knowledge areas

Answer 8

Integration
Scope
Schedule
Cost
Quality
Resources
Communication
Risk
Procurement
Stakeholders

Question 9

6 processes for Schedule

Answer 9

Plan Schedule Management
Define Activities
Sequence Activities
Estimate Activity Duration
Develop Schedule
Control Schedule

Question 10

4 Processes for Cost

Answer 10

Plan Cost Management
Estimate Cost
Determine Budget
Control Costs

Question 11

ITTO

Answer 11

Inputs, Tools and Techniques, Outputs

Question 12

How many processes in total?

Answer 12

49

Question 13

How many knowledge areas?

Answer 13

10

Question 14

What are needed to effectively plan for either cost or time?

Answer 14

Scope
WBS
WBS Dictionary

Question 15

What is SOW?

Answer 15

Statement of Work

Question 16

What does WBS stands for?

Answer 16

Work Breakdown Structure

Question 17

WBS definition in PMBOK

Answer 17

a deliverable oriented hierarchical decomposition of the work to be executed by the project team

Question 18

WBS in simple terms

Answer 18

a picture of breaking down project deliverables into smaller parts

Question 19

Topmost level of WBS

Answer 19

Project Deliverable

Question 20

2nd level of WBS

Answer 20

Major Deliverables

Question 21

Level under Major deliverables

Answer 21

Sub deliverables

Question 22

Lowest level of WBS

Answer 22

Work Packages

Question 23

What level in WBS contains activities?

Answer 23

Work Packages

Question 24

Work Packages are all nouns. Yes or No?

Answer 24

Yes

Question 25

Work Packages are described in verb forms. Yes or No?

Answer 25

No

Question 26

What is 8/80 Rule

Answer 26

work packages should not take less than 8 hrs or more than 80 hrs

Question 27

ITTO description

Answer 27

the standardized means of systematically using the same method of developing and executing the PMBOK processes

Question 28

why teams fail

Answer 28

1. poorly developed or unclear goals
2. poorly defined project team roles and interdependencies
3. lack of project team motivation
4. poor communication
5. poor leadership
6. turnover among project team members
7. dysfunctional behavior