Project Management Fundamentals Flashcards
(30 cards)
Which of the following groups do shareholders and subcontractors belong to in a project?
stakeholders
You are the manager for Disaster Recovery, which has been hired to help rebuild a city just destroyed by a tornado. What will you likely be managing?
a series of projects
_____ are the uncertainties or threats to a given project.
Risks
A company applies its human and financial resources to plan and execute a specific task. What is this called?
project management
Working on projects that you don’t have any experience or skill in is an example of _____.
unethical behavior
As a project manager, what can Bob use to increase efficiency?
Adopt best practices
A _____ describes a task with defined beginning and end times.
project
Which group within a company clarifies and maintains project management standards?
Project management office
Which of the following is NOT an example of project management?
the ongoing process of hiring new employees
Which of the following is NOT one of the five stages of project management?
evaluation
In which stage are Gantt charts first used?
Planning
How often does a company engage in a particular project?
Once
An ethical issue in project management could be _____.
taking money from a client for something that shouldn’t be done
Which of the following is NOT an ethical issue in project management?
Checking company rules and procedures
Key stakeholders can be _____.
Primary or secondary
The three types of stakeholders are _____.
Primary, secondary and key
What is project management?
The use of resources to get a project from start to finish.
What is the first step in utilizing the best practices for project management?
Planning
In project portfolio management, name the step that comes next AFTER deciding whether to select, reject, or place a project on-hold.
Communicate the decision to the appropriate people in the organization.
A project portfolio management process must include which of the following?
A description of the process, criteria, a method to consider resources, and a method to manage the portfolio
A great tool to manage a schedule or budget when planning a project is:
Gantt charts
Who is assigned to oversee the completion of a project?
The project manager
Because tasks are often being completed at the same time, a project manager needs to _____.
Be able to multi-task
Which skill entails knowing how to find resolutions?
Problem solving
