PMP 101

Question 1

A ____________ is a temporary and one-time endeavor undertaken to create a unique product or service that brings about beneficial change or added value.

Answer 1

Project

Question 2

It carefully defined as a set of activities that use
resources to meet the pre-defined objectives and brings form or function to ideas or needs.

Answer 2

Project

Question 3

Project Characteristics:
This is usually specified in terms of cost, schedule and performance requirements.

Answer 3

Temporary

Question 4

Project Characteristics:
It requires the doing of something different, something that was not done previously.

Answer 4

Unique

Question 5

Project Characteristics:
It is often called “Routine”

Answer 5

Unique

Question 6

Project Characteristics:
A project differs from what was previously done,
it also involves new techniques.

Answer 6

Involves new processes

Question 7

Project Characteristics:
* Undertaken to achieve a particular aim ________________

Answer 7

Deliverables

Question 8

Val___-add___dri____of________and impr____ During the process, projects pass through several distinct phases, which form and are called project ____________.

Answer 8

*Value-adding driver of change and improvement

*Projects life cycle

Question 9

Is the application of knowledge, skills,
tools and techniques to a broad range of activities in order to meet the requirements of the particular project

Answer 9

Project Management

Question 10

These three (3) project management variables as often referred to as the _____________ of project management

Answer 10

Eternal Triangle

Question 11

3 Project variables

Answer 11

Time, Cost, Scope Constraint

Question 12

1.) Project Success

Answer 12

Project completed in time

Question 13

2.) Project Success

Answer 13

Projects completed within a budget

Question 14

3.) Project Success

Answer 14

Projects completed by achieving all deliverables

Question 15

Project ________ or (_____________):
have major obstacles to completion. These hurdles might include financial overruns, missed deadlines, technological issues, and unexpected dangers.

Answer 15

Distressed Projects

Question 16

4 Phases Project management Life Cycle

Answer 16

Beginning or Initiation, Planning, Execution, Closing

Question 17

Project Management Life Cycles:
Identify a company need, challenge, or opportunity and discuss how your team might meet, solve, or exploit it. In this stage, you set a project goal, assess its feasibility, and establish its main deliverables.

Answer 17

Beginning or Initiation

Question 18

Project Management Life Cycles:
___________ begins once your business case, statement of work, or project commencement document is authorized.

Answer 18

Planning

Question 19

Project planning steps may include:
Determine the project timetable, including stages, tasks, and limits.

Answer 19

Planning the project

Question 20

Project planning steps may include:
Swim lanes can help team members understand
their roles in a project.

Answer 20

Making workflow and Diagram

Question 21

Project planning steps may include:
Cost estimates help you budget for the project to maximize ROI.

Answer 21

Budgeting and financial planning

Question 22

Project planning steps may include:
Build your functional team from internal and external talent pools and make sure everyone has the right tools (software, hardware, etc.).

Answer 22

Gathering Resources

Question 23

Project planning steps may include:
Identify issues that might slow your project and plan to mitigate them to preserve quality and deadline.

Answer 23

Anticipating Risk and quality roadblocks

Question 24

Project Management Life Cycles:
You have business permission, a strategy, and a team. Now start working. ____________ puts your strategy into motion.

Answer 24

Execution

Question 25

In this phase of the project management life cycle, the project manager organizes team members, manages timetables, and ensures work is done according to plan.

Answer 25

Execution Phase

Question 26

Project execution steps may include:
Assign project details to the right people to avoid overwork.

Answer 26

Task creation and workflow management

Question 27

Project execution steps may include:
Provide team members with task advice and organize process-related training as needed.

Answer 27

Reporting responsibilities to teammates

Question 28

Project execution steps may include:
Ensure team members achieve time and quality targets.

Answer 28

Monitoring work quality

Question 29

Project execution steps may include:
Track expenditures and project assets and resources. There are various visual tools you may use to track completed deliverables
and stay on schedule, depending on your project management technique

Answer 29

Budget Management

Question 30

In the _______________, you provide final deliverables, release resources, and evaluate
project success. The project manager must evaluate what worked and didn’t work when the primary project work is done.

Answer 30

Closing Phase

Question 31

Project closing steps may include:
Using a checklist, assess if the project’s goals
(tasks performed, on schedule, and on budget) and initial challenge were solved.

Answer 31

Project performance analysis

Question 32

Project closing steps may include:
Including target achievement, timeliness, and
quality.

Answer 32

Evaluate team performance

Question 33

Project closing steps may include:
Check that all project tasks are done and report to relevant stakeholders.

Answer 33

Document project performance

Question 34

Project closing steps may include:
Finalize project analysis, including lessons
learnt for future projects.

Answer 34

Reviewing after implementation

Question 35

Project closing steps may include:
Use leftover funds for future initiatives.

Answer 35

Track spent and unused funds

Question 36

Document, defining, and scoping the project

Answer 36

Compilation of Terms of Reference (TOR)

Question 37

Conducting an Environmental Scan: (4)

Answer 37

Micro, Macro, Stakeholder Analysis, and Market

Question 38

SWOT Analysis:

Answer 38

Strengths, Weakness, Resources, Capabilities, Capacity, Opportunities, Threats

Question 39

S.W.O.T

Answer 39

Strengths, Weakness, Opportunities, Threats

Question 40

Criteria:

Answer 40

Viability, Feasibility, Sustainability

Question 41

This element refers to the __________________ or
________________ as stated by Elkington (1997) and acknowledged by Adams (2006) as the ‘three pillars’ of sustainability

Answer 41

triple bottom line. three-P concept,

Question 42

This element refers to the triple bottom line or
three-P concept as stated by ______________ and acknowledged by _____________ as the_______________ of sustainability

Answer 42

Elkington (1997), Adams (2006), ‘three pillars’