PMP Questions Based on Exam Tips Flashcards
How are projects and operations similar?
- involve employees
- typically have limited resources
- are designed, executed, and managed
How are projects and operations different?
- projects are temporary and operations are ongoing
- projects move, add, change, or delete and operations are maintenance
- projects are special and unique and operations are repetitive
- projects develop new products and operations manage core business functions
When is a project manager appointed to a project?
No later than project initiating.
How do projects in predictive environments manage project changes?
- integrated change conrol ensures change requests are handled systematically
- moving from a rough order of magnitude and fine-tinuning estimates as requirements are focused
- phase-gate system allows stakeholders to pause and assess what has been done so far in the project and then make a decision whether or not to move on to the next phase
What are change-driven projects?
- characterized by high uncertainty and unclear scope
- often projects trying to build a unique solution that has not been created before
Who has the authority to reprimand project team members in a functional organization?
the functional manager
Who contributes to lessons learned on a project?
project managers should collect lessons learned from all stakeholders and ensure they are stored and made discoverable for later projects
How should project managers handle the ongoing maintenance of a product once it has been delivered by their project?
a project is temporary and unique, and maintenance is part of operations; maintenance does not fall under the project manager’s purview
What is the most common reason for requiring a change in a baseline?
- incomplete risk identification and risk management
- changes to baselines always requires change requests
What is the process for making a change?
- identify the need for a change
- measuring performance against baseline
- evaluate impact of change within the knowledge area
- how will a change request to scope change the scopr of the project?
- create a change request
- perform integrated change control
- assess the change
- do not approve it if it does not benefit your project or fall within the project charter
- note that some changes might have already been accounted for within the contingency reserve
- alternatives analysis and cost-benefit analysis are helpful in weighing options
- identify options
- balance constraints
- sometimes it is necessary to accept the negative consequences of a change if the positive impact is more valuable to the project
- get the change approved, rejected, or deferred
- update the status of the change in the change log
- adjust the project management plan, project documents, and baselines
- replanning must be done to reflect the impacts of the change
- assess the change
- manage stakeholders’ expectations by communicating the change to affected stakeholders
- manage the proejct according to the revised plan