Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

CAPM > Project Mgmt Framework > Flashcards

Project Mgmt Framework Flashcards

1
Q

What are the process groups in project mgmt?

A 
Initiating. (Start)
Planning (plan)
Executing. (Do)
Monitoring and controlling (check n act)
Closing (end)
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

What are the knowledge areas of project mgmt?

A 
Integration
Scope
Time
Cost
Quality
Human resource
Communications
Risk procurement (action of obtaining)
Stakeholder mgmt
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Who are stakeholders?

A

Stakeholders are any people or organizations whose interests may positively or negatively impact, or be impacted by, the project or it’s product.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

What is a project?

A

A project is a temporary endeavor w/ a beginning and an end.

A project creates a unique, service, or result.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

What is program mgmt?

What does it focus on?

Program mgmt helps to achieve what?

A

A group of related projects.

The program approach focuses on the interdependencies between projects and helps to achieve:

  • decreased risk
  • economies of scale
  • improve mgmt
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

What is portfolio mgmt?

What does it help to achieve?

A

A group of programs, individual projects, and other related operational work that are prioritized and implemented to achieve a common strategic goal.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

How does combining projects, programs, and operations into one or more portfolios help a business?

A
  • optimizes the use of resources
  • enhances the benefits to the organization
  • reduces risk
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Examples of constraints

A

Time, cost, risk, scope, quality, resources, customer satisfaction, and any other factors that limit options.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Company culture and existing systems that the project will have to deal with or make use of is called _____ aka “baggage”

A

Enterprise environmental factors

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

What does PMIS stands for?

Give examples of PMIS

A

Project Mgmt Information System

Automated tools:

  • Scheduling software
  • Configuration mgmt system
  • Shared workspaces for file storage or distribution
  • work authorization software
  • time tracking software
  • procurement mgmt software
  • repositories for historical information
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

An organization’s processes, procedures, and historical information is called _______.

How does it benefit projects?

A

Organization Process Assets

They help provide direction and guidance in planning & help the project benefit from past company experiences.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

What r the initial measurements and details about activities gathered during a project work (executing)?

A

Work performance data

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

During controlling, the work performance data are analyzed to make sure they conform to the project mgmt plan and to assess what they mean for the project as a whole; the result is known as ______.

A

Work performance information

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

The work performance information is then organized into ________, which are distributed to the various stakeholders who need to receive and possibly act on the information.

A

Work performance reports

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

What type of organization is grouped by areas of specialization w/in different functional areas?

Projects generally occur within a ___ department.

If info or project work is needed from another dept, the request is transmitted up from the head of dept to another _____.

Communication stays ____ the project.

A

Functional

Single

Head of dept

Within

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

What type of organization is it when the entire company is organized by projects and the project mgr has control of the project?

Team members complete only project work and when the project is over, they do not have a dept to go to.

Communication occurs ____ the project.

A

Projectized organization

Within

17
Q

What type of organization attempts to maximize the strengths of both the functional and projectized structure?

The team members report to two bosses. What are the two managers?

Communication goes from _____ to ______.

A

Matrix organization

Project mgr and functional mgr

From team members to both bosses.

18
Q

In a strong matrix, power rests with the ____ manager.

A

Project

19
Q

In a weak matrix, power rests with the _____ manager.

The power of the ____ manager is comparable to that of a project coordinator or project expeditor.

A

Functional manager

Project manager

20
Q

The power is shared between the functional manager and project manager in a _____ matrix.

A

Balanced

21
Q

Name the role:

____ acts primarily as a staff assistant and communications coordinator. This person cannot personally make or enforce decisions.

____ is similar to the role above, however does have some power to make decisions, some authority, and reports to a higher-level manager.

A

Project expeditor

Project coordinator

22
Q

What type of matrix refers to “co-location” or locating the work spaces for the project team in the same room?

A

Tight matrix

23
Q

The project life cycle is what you need to ____ the work and the project mgmt process is what you need to ____ the work.

A

Do

Manage

24
Q

What type of project life cycle is also known as “waterfall” or “traditional” and is used for plan driven projects in which scope, schedule, and cost is determined in detail early in the project, before work begins to produce the project deliverables?

What type of industry uses this project life cycle?

A

Predictive life cycle

Construction

25
Q

What type of project life cycle involves enough early planning of high level scope to create preliminary estimates of time and cost?

A

Incremental and iterative life cycle

26
Q

Which approach delivers a complete, usable portion if the product in each iteration?

A

Incremental approach

27
Q

Which approach involves the concept being built up in successive levels of detail to create the end result?

A

Iterative approach

28
Q

What type of project life cycle has fixed time and cost, and their scope is broadly defined with the understanding that it will be refined as the project progresses?

What type of project uses this life cycle?

A

Adaptive life cycle

Software development project

29
Q

What are the phases in the predictive life cycle?

A 
Feasibility
Planning
Design
Production
Turnover 
Startup
30
Q

The project life cycle varies bases on 3 things. Name them

A

Industry

Organization

Type of product/service or result being developed

31
Q

As the project life cycle progresses, more info becomes available, allowing the team to manage the project to a more detailed level… What project life cycle is this?

A

Iterative

32
Q

The project life cycle differs from the project mgmt process in that the project mgmt process is the ____ for every project.

A

Same

33
Q

Who has the Most power in the projectized organization ?

A

The project manager

34
Q

Programs are a group of ____projects managed in a coordinated way with a means to gain ____ and ______ of related projects.

A

Related

Benefits and control

35
Q

A ___ demand, _____ need, and/or _____ requirements are examples of reasons projects are initiated.

A

Market demand

Business need

Legal requirement

36
Q

____ work is different from project work because it is ongoing and repetitive. It is work that is done on an ongoing basis to sustain an organization.

A

Operational work

37
Q

At the end of the project, the team is dispersed and they do not have functional organization (“home”) to echo to return. What type of organization is this?

A

Projectized

38
Q

A frequent complaint about matrix organization is that communications are _____.

A

Complex

CAPM (4 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions