PMBOK 5 - Ch1 - Introduction Flashcards

0
Q

What is a temporary endeavor undertaken to create 3 unique what things?

A

A Project

Product, Service, Result

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1
Q

The temporary nature of what indicates a what and a what

A

The temporary nature of projects indicates a definite beginning and end

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2
Q

What is a project?

A

A temporary endeavor undertaken to create a unique product, service, or result. The temporary nature of projects indicates a definite beginning and end.

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3
Q

what type of beginning and end does a project indicate?

A

a definite one

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4
Q

what is project management

A

the application of knowledge, skills, tools and techniques to project activities to meet the project requirements

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5
Q

what is used to meet the project requirements

A

project activities

the application of knowledge, skills, tools and techniques to project activities

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6
Q

project activities do what in project management

A

meet the project requirements

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7
Q

What are the 5 project management process groups?

A
initiating
planning
executing
 monitoring and controlling
closing
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8
Q

what do these 5 groups make up - initiating, planning, executing, monitor and control, closing

A

project management process groups

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9
Q

what is a collection of projects or programs and other work that are grouped together to facilitate effective management of that work to facilitate strategic business objectives?

A

portfolio

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10
Q

what is a portfolio

A

projects, programs, sub portfolios, and operations managed as a group to achieve strategic objectives

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11
Q

what are projects, programs, sub portfolios, and operations managed as a group to achieve strategic objectives?

A

portfolio

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12
Q

what 4 things are managed as a group within a portfolio

A

projects, programs, sub portfolios, and operations

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13
Q

what 4 things are managed as a group to achieve what

A

projects, programs, sub portfolios, operations
achieve strategic objectives
(portfolio)

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14
Q

portfolio management is what?

A

the central management of one or more portfolios

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15
Q

A project can create a product that is what

A

a component of another item, enhancement of item, or end item in itself.

16
Q

A project can create a service or a capability

A

to perform a service

17
Q

A project can create an improvement in

A

existing product or service lines

18
Q

A project can create a result such as an

A

outcome or document

19
Q

organizational strategies and priorities are linked and have relationships between

A

portfolios and programs

programs and projects

20
Q

The outcome of a project can be what or what

A

tangible or intangible

21
Q

What happens when a factor changes

A

if any one factor changes, at least one other factor is likely to be affected

22
Q

Progressive elaboration

A

continuously improving and detailing a plan as more detailed and specific information and more accurate estimates become available

23
Q

What does progressive elaboration allow

A

allows a project management team to define work and manage it to a greater level of detail as the project evolves.

24
Q

what are the competing project constraints

A
Scope
Quality
Schedule
Budget
Resources
Risks
25
Q

what is the relationship between project constraints

A

If one factor changes, at least one other factor will be affected