P1

Question 1

It is define as a temporary endeavor undertaken to create a unique product service or result

Answer 1

Project

Question 2

What are the project management characteristics?

Answer 2

unique
temporary in nature
completed when the project goes are achieve
Meets or exceeds the expectation of the stakeholders

Question 3

Defined as the time to complete the project. Proper control of the schedule requires the careful identification of pass to be performed an accurate estimation of their durations.

Answer 3

Time

Question 4

It is the budget approved for the project including all necessary expenses needed to deliver the project. Barley executive budget plan is going to result in the last minute rush to spend the allocated funds

Answer 4

Cost

Question 5

It is what the project is trying to achieve. It entails all the work involved in the Livering the project outcomes and the process is used to produce them

Answer 5

Scope

Question 6

A combination of the standards and criteria to which the project products must be delivered for them to perform effectively

Answer 6

Quality

Question 7

It is defined by potential external events that will have a negative impact on your project at the occur

Answer 7

Risk

Question 8

Required to carry out the project task. They can be people equipment facilities funding or anything else capable of definition required for the completion of your project activity

Answer 8

Resources

Question 9

triple constraints

Answer 9

time, cost and scope

Question 10

It is the strategy and theory Of how projects should be structured organize controlled and monitored

Answer 10

Project management

Question 11

Defined as bringing separate things together. unification could be another term

Answer 11

Integrative

Question 12

This is world the projects value and feasibility our measured. If project is formally started name and defined at a broad level during this phase

Answer 12

Project initiation

Question 13

It is develop comprehensively of individual plans for cost, scope, duration, quality, communication, risk and resources.

Answer 13

Project planning

Question 14

This is the face that is commonly associated with project management. A project deliverables is developed and completed adhering to a map out plan.

Answer 14

Project execution

Question 15

Sometimes combined with execution because they often occur at the same time. This one mostly deals with measuring the project performance and progression In accordance to the project plan

Answer 15

Project monitoring and control

Question 16

Teams close a project when they deliver the finished project to the customer communicating completion to stakeholders and releasing resources to other projects. It includes a series of important task such as delivering the product, relieving resources, reward and recognition to the team members and formal termination of contractors in case they were employed on the project.

Answer 16

Project closure

Question 17

This document justifies the need for the project and it includes an estimate of potential financial benefits

Answer 17

Business case documents

Question 18

This is an evaluation of the projects goes timeline and cost to determine if the project should be executed

Answer 18

Feasibility study