Section 6: Project Management Components

Question 1

Project management knowledge areas

Answer 1

• Project Integration Management
• Project Scope Management
• Project Schedule Management
• Project cost Management
• Project quality Management
• Project resource management
• Project communications management
• Project risk management
• Project procurement management
• Project stakeholder management

Question 2

Project business case

Answer 2

• It’s an economic feasibility study
• It confirms the validity of benefits the project will create.
• It contains future project management decisions and actions.
• It should be maintained throughout the project.

Question 3

Project benefits management plan

Answer 3

• A benefit is a project outcome that provides value to the organization and the project beneficiaries.
• Document used to define:
  1. Create the project benefits
  2. Maximize the project benefits
  3. Sustain the project benefits