Study Guide

Question 1

Program

Answer 1

A group of related projects

Question 2

Portfolio

Answer 2

A collection of projects and programs to achieve a strategic business goal

Question 3

Organizational Project Management (OPM)

Answer 3

the alignment of projects, programs, and portfolios

Question 4

Performance Measurement Baseline

Answer 4

the original approved plan +/- all approved changes. The current approved version of the plan

Question 5

Progressive Elaboration

Answer 5

an iterative approach to planning; plans are created in multiple passes rather than all at once

Question 6

Enterprise Environmental Factors (EEFs)

Answer 6

the environment you work in that can impact your project: corporate culture, industry standards, infrastructure, political climate, market conditions

Question 7

Organizational Process Assets (OPAs)

Answer 7

any documented processes and procedures; corporate knowledge base; project archives

Question 8

Functional Organization Structure

Answer 8

employees report to one manager; PM has little or no power

Question 9

Matrix Organization Structure

Answer 9

employees report to both functional manager and the PM
Weak Matrix = little PM power
Balanced Matrix = moderate PM power
Strong Matrix = almost full PM power

Question 10

Project-Oriented Organization Structure

Answer 10

employees work directly for the PM