PMIisms Flashcards
What is the best time to assign a Project Manager to a Project?
As early in the project as possible, preferably while the project charter is being developed and always prior to the start of planning. In other words, during project initiation.
If the product scope is achieved, is the project complete?
No. The project is only complete after formal closure activities are complete.
What is common among Define Activities, Estimate Activity Durations, and Identify Risks processes?
It is important to involve team members in all these processes. Involving team members in the decomposition can lead to better and more accurate results. Work should be estimated by people most familiar with the work. Involving team members in risk identification helps to develop and maintain a sense of ownership and responsibility for the risks and associated risk response actions.
Why is it important to involve team members in defining activity lists?
It can lead to better and more accurate decomposition of work packages into activities.
What are the benefits of continuous improvement?
Continuous improvement reduces waste, eliminates non value-adding activities and hence increases profitability.
Why is it important to involve team members early in the project?
It adds their expertise during the planning process and strengthens their commitment to the project.
What is important in order to make rewards effective?
Rewards will be effective only if they satisfy a need that is valued by that individual.
What is the best time for project managers to do team recognition?
Team recognition should be done throughout the life cycle of the project rather than waiting until the project is completed.
When should stakeholders be identified in the project?
Stakeholder identification and engagement should commence as soon as possible after the project charter has been approved, the project manager has been assigned, and the team begins to form.
What are the benefits of maintaining an Issue Log on a project?
It helps in timely resolution of issues, and avoiding conflicts and project delays that can result from unresolved issues.
When should Plan Risk Management process begin on a project?
As soon as the project is conceived
Which item should always be on the agenda at project status meetings?
Risk management
When are risks identified on a project?
Risks can be identified anytime in the project life cycle.
When is stakeholder identification performed on the project?
Stakeholder identification is a continuous process throughout the entire project life cycle.
What is the main benefit of actively engaging stakeholders?
It reduces the risk of project failure.
