Project +

Question 1

What is a project?

Answer 1

A project is an effort to develop a unique product or service. The effort is temporary and has a definite start and end date.

This is different from operations, or an ongoing service.

Question 2

Project Management Knowledge Areas (9)

Answer 2

Scope Management
Time Management
Cost Management
Quality Management
Human Resources Management
Communications Management
Risk Management
Procurement Management 
Integration Management

Question 3

Communication plan consisting of (4) items

Answer 3

What you want to communicate
Audience to receive the communication
Medium used for communication
Monitor outcome of communication

Question 4

Project Management Definition

Answer 4

A series of processes that are executed to apply knowledge skills tools and techniques to project activities to meet project requirements.

Question 5

Project Management Process Groups

Answer 5

Initiation to Planning to Executing to Controlling to Closing

Question 6

SDLC and it’s (5) phases

Answer 6

Systems Development Life Cycle

Planning, Analysis, Design, Implementation, Operations and support

Question 7

Four components of any project

Answer 7

Phases, Deliverables, People, and Constraints.

Question 8

3 Primary Constraints

Answer 8

TQB - Time, Quality, Budget(cost). The TQB equilibrium is a key to solid project management.

Question 9

3 Types of organizational structure

Answer 9

Functional, Matrix, Projectized.

Question 10

General Management skills

Answer 10

Leadership, Communication, Problem solving, Negotiation, Organizing, and Time Management.

Question 11

PMBOK

Answer 11

Project Management Body of Knowledge

Question 12

Chapter 1 Assessment answers

Answer 12

1. C !
2. B !
3. D !
4. C !
5. A !
6. B !
7. C !
8. B ? C Skipping steps is called Fast tracking
9. A !
10. B !
11. B !
12. A !
13. A !
14. B ? C Project sponser is the asshole
15. A, B, D, E, C ? Project charter only contains Project manager and Business case analysis
16. B, D ? B, C Large projects and corporations need em.
17. B !
18. A !
19. C ? D Controlling phase because the project has already launched
20. C !

Question 13

Stakeholder

Answer 13

A person who is either actively involved in the project or is impacted by the project.

Question 14

Project Sponsor

Answer 14

The sponsor is the person who champions the project throughout the organization.

Question 15

Initiation phase summary

Answer 15

1. Initiation is the formal authorization for the project to move forward. It starts with the identification of a problem, a business need, or a requirement that in turn sparks a project request.
2. Then the project is clarified, to create the high level requirements, or the product description, and cost estimates. These will be presented in the project selection phase.
3. Project selection using various decision models, such as cost-benefit analysis and expert judgement.
4. The output from this process is the project charter. This contains the signature of the person or persons who have the authority to move the project forward. This document will be the basis for more detailed project planning. It should contain the project description, information on the project-team, measurable objectives, and a high-level business case.

Question 16

Things that drive the demand for projects

Answer 16

Market demand, internal business need, legal requirement, new technology, external customer request, technological change, and social need.

Question 17

Most common project selection methods

Answer 17

Benefit measurement, constrained optimization, and expert judgement. Also cost benefit analysis.

Question 18

3 Categories of requirements

Answer 18

Business, Technical, Functional

Business req. are the big bicture of what the business wants from the system

Tech req. define what the system does to meet the business and functional req.

Functional req. define how the user will interact with the system

Question 19

Project stakeholder

Answer 19

A stakeholder is a person who is either actively involved in the project or is impacted by the project.

Common stakeholders

Project sponsor, project manager, project team members, functional managers, the customer, and the end users.

Question 20

Project Charter and key components

Answer 20

Project charter gives formal approval for the project to begin and authorizes the project manager to apply resources to the project.

Components

Product description, the project team, goals and objectives, business case, and approval.

Question 21

Scope Statement Purpose

Answer 21

The scope statement is the basis of the agreement between the project and the client. It defines the project objectives and the deliverables that will meet those objectives.

Question 22

Components of Scope Statement (7)

Answer 22

Project justification, product description, major deliverables, success criteria, time and cost estimates, a list of assumptions, and constraints

Question 23

Purpose of Scope Management Plan

Answer 23

A SMP documents the procedures that will be used to manage proposed changes to the project scope throughout the life of the project.

Question 24

Defining and making a WBS(work breakdown sheet)

Answer 24

The WBS is a graphical depiction of the work required to complete the project. The WBS is a multilevel tree diagram. You decompose the major deliverables into smaller activities and continue to create lower levels for each deliverable until you reach a point where a time and cost estimate can be provided and resources assigned.

Question 25

Structure of a WBS

Answer 25

The highest level of a WBS is the project name. The major deliverables are the next level. The number of levels in a WBS will vary by project. However the lowest level is called a workpackage.

Question 26

Constraints common to all projects

Answer 26

time, cost, scope, and quality.