Project Management Framework

Question 1

What is the definition of a project?

Answer 1

Temporary; creates a unique product, service, or result.Page 3

Question 2

What is operational work?

Answer 2

Ongoing work to support the business and systems of the organizationPage 3

Question 3

What is the definition of a program?

Answer 3

A group of interrelated projects, managed in a coordinated way.Page 4

Question 4

What is a portfolio?

Answer 4

Page 4A group of programs, individual projects, and related operational work to achieve a specific strategic business goal.

Question 5

What is organizational project management?What are its benefits?

Answer 5

1.4, p7A framework for keeping the organization focused on its overall strategy.Provides direction for how portfolios, programs, projects, and other organizational work should be prioritized, managed, executed, and measured to best achieve the firm’s strategic goals.

Question 6

What is OPM3

Answer 6

A PMI model designed to help organizations determine their level of maturity in project management

Question 7

What is a Project Management Office (PMO)?What are the possible formats for a PMO?

Answer 7

A department that centralizes and standardizes the management of projectsSupportive, Controlling, Directive

Question 8

What are project constraints?

Answer 8

Time, cost, risk, scope, quality, resources, customer satisfactionConstraints are used to help evaluate competing demands

Question 9

Who are project stakeholders?

Answer 9

Anyone whose interests may be positively or negatively impacted by the project

Question 10

What are three primary forms of organizational structure?

Answer 10

Functional, matrixed, projectized

Question 11

What is a functional organization?w1qqy

Answer 11

The organization is grouped by areas of specialization (e.g. accounting, marketing)Q

Question 12

What is a projectized organization?

Answer 12

The organization is grouped by project.The team has no department to go to at project end.The project manager has total control of resources

Question 13

What is a matrix organization?

Answer 13

A blend of functional and projectized where team members have two bosses (the pm and the functional manager)

Question 14

What is a strong matrix organization?

Answer 14

A matrix organization where the balance of power rests with the project manager instead of the functional manager

Question 15

What is a weak matrix organization?What role might the project manager play in a weak matrix?

Answer 15

A matrix organization where the balance of power rests with the functional manager instead of the project manager.A project expediter or project organizer

Question 16

What is a balanced matrix organization?

Answer 16

An organization where power is equally balanced between the project manager and the functional manager

Question 17

What is a project-based organization?

Answer 17

A temporary framework for projects created to circumvent any obstacles inherent in the organization’s existing structure

Question 18

What are enterprise environmental factors?

Answer 18

The organization’s culture and existing systems that the project will have to deal with or make use ofThey are used throughout the project management process

Question 19

What are organizational process assets?When are they used?

Answer 19

Company processes and procedures, historical information, lessons learnedThey are used throughout the project management process

Question 20

What is historical information?

Answer 20

Records of past projects including lessons learned, used to plan and manage future projectsRecords of the current project that will become part of the organizational process assets

Question 21

What is a project management information system?

Answer 21

The automated system to submit and track changes and monitor and control project activities

Question 22

What do lessons learned describe?How are lessons learned used?

Answer 22

What went right, what went wrong, and what would be done differently if the project could be redoneUsed in planning the project and by other projects in the future

Question 23

What is work performance data?

Answer 23

Measurements and details about activities gathered during project work (executing)

Question 24

What is work performance information?

Answer 24

Work performance data analyzed to make sure it conforms to the project management plan and to assess what it means for the project as a whole

Question 25

What are work performance reports?

Answer 25

Work performance information organized into reports that are distributed to the stakeholders

Question 26

What is a product life cycle?

Answer 26

The cycle of a product’s life from conception to withdrawal from the marketplace

Question 27

What is a project lifecycle?

Answer 27

What you need to do to COMPLETE the work (produce the deliverables of the project)Will vary by type of product, industry, and the organization’s preferences

Question 28

Describe a plan-driven project

Answer 28

Has a predictive life cycle in which scope, schedule, and cost are determined in detail early in the life of the project, before the work begins to produce the project deliverables

Question 29

Describe a change-driven project

Answer 29

Uses iterative, incremental, or adaptive (agile) life cyclesHas varying levels of early planning for scope, schedule, and cost