Review: Chapters 1-5 Flashcards

1
Q

Project

A

A temporary endeavor undertaken to create a unique product or service.

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2
Q

Sponsor

A

Person who normally provides direction and funding for a project.

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3
Q

Triple constraint

A

Scope, time, and cost goals.

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4
Q

Project Management Professional (PMP)

A

The popular project management certification/designation provided by PMI.

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5
Q

Stakeholders

A

People involved in or affected by project activities.

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6
Q

Project Management

A

The application of knowledge, skills, tools, and techniques to project activities to meet project requirements.

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7
Q

Leader

A

A person who focuses on long-term goals.

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8
Q

Project Manager

A

The person responsible for working with the project sponsor, the project team, and the other people involved in a project to meet project goals.

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9
Q

Scope Management

A

All of the work, and only the work, required to complete the objectives.

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10
Q

Core function knowledge areas

A

Scope management, Time management, Cost management, and Quality management.

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11
Q

Project management process groups

A

Initiating, Planning, Executing, Monitoring and Controlling, Closing.

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12
Q

Project execution

A

The part of the project life cycle that consumes the most time and resources.

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13
Q

PMBOK Guide

A

A standard that describes best practices for what should be done to manage a project.

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14
Q

PRINCE2

A

This project methodology published by the British government is an acronym for projects in controlled environments.

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15
Q

Communication

A

This activity typically occupies 90% of a project manager’s time

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16
Q

Communication plan

A

This document summarizes what stakeholders need to know, as well as how and when they will receive information.

17
Q

Human resource management

A

Making effective use of the people involved with a project.

18
Q

Out of Scope items

A

Should be included in the Scope Statement to help prevent scope creep.

19
Q

Project charter

A

This document officially acknowledges the project and gives the Project Manager authority to apply resources to do the work.

20
Q

Mission statement

A

This brief statement is used to clarify expectations, guide project planning and aid communication.

21
Q

Change control

A

Defining this at the beginning of the project helps everyone know how the project will deal with changes.

22
Q

Scope statement

A

The goal of this document is to document all of the work, and only the work, required to complete the objectives.

23
Q

Work Breakdown Structure (WBS)

A

This is a deliverables-oriented grouping of project elements that organizes and defines the total scope of the project.

24
Q

Mind map

A

Can be used to aid creation of a work breakdown structure.

25
Q

Determining the Real Need

A

The first step in defining a project.

26
Q

Project planning

A

The best project managers spend roughly twice as much time in this activity compared to their counterparts. It’s main purpose is to guide project execution.

27
Q

Scope creep

A

This describes the tendency for project scope to increase during execution.

28
Q

SMART goal

A

Specific, measurable, assignable, realistic, and time-framed.

29
Q

Project organization chart

A

A graphic representation of how authority and responsibility is distributed within the project.

30
Q

Project web site

A

Posting project information to one of these creates a centralized way of delivering project documents and communications.

31
Q

Best practice

A

An optimal way recognized by industry to achieve a stated goal or objective.

32
Q

ACRI matrix

A

This document maps the work breakdown structure to the people responsible for performing the work.

33
Q

Project initiation

A

This process contains the following activities:

  • identify and understand project stakeholders
  • prepare a business case for the project
  • create the project charter
  • hold a kick-off meeting
  • develop a preliminary scope statement
34
Q

Project success

A

Completed within acceptable time and budget thresholds, the customer accepts the result of the project and stakeholders want to do more projects.

35
Q

Project success factors

A

User involvement, executive support and clear statement of requirements are part of these.

36
Q

Benefits of project management

A

Better resource control, improved customer relations, shorter development times and lower costs are part of these.

37
Q

An effective project manager

A

A decisive person who is a good communicator, good motivator and leads by example.