Unit 7 Flashcards
first phase (Initiation Phase) consists of three key elements:
problem definition, resource allocation, and risk assessment
Resources are commonly thought of in terms of
time and capital
In which element of the project initiation phase is the scope of a project determined?
Problem definition
Resource allocation
Risk assessment
Problem definition
In which element of the project initiation phase does the team determine the time and capital needed for the project?
Problem definition
Resource allocation
Risk assessment
Resource allocation
In which element of the project initiation phase does the team determine any challenges the project might encounter?
Problem definition
Resource allocation
Risk assessment
Risk assessment
Project managers use Program Evaluation and Review (PERT) and GANTT charts to
determine objectives & activities.
organize activities.
estimate time for each activity.
estimate time for each activity.
Determining the objectives and activities is after which project phase?
Initiation
Executing
Closing
Initiation
indicate differences between planned resources (what has been allocated for each activity or task) and actual resources (what has been used thus far in the project)
Variance Reports
indicate the state of the project.
Status Reports
indicate how time and capital have been used thus far for the project.
Resource Allocation Reports
The project manager uses the information from initiation and planning to ensure the project stays on track in terms of time, capital, and scope in which project phase?
Monitoring & Controlling
Closing
Monitoring & Controlling
The monitoring & controlling phase is before which project phase?
Initiation
Planning
Closing
closing
How does scope creep impact project risk?
Impacting the allocation of resources
Reducing costs
Estimating time
Impacting the allocation of resources
Which of the following will put the project at risk?
Skill set
Estimating time
Unnecessary requirements
Unnecessary requirements
___ add(s) additional features to the scope of the project and impact(s) allocation of resources.
Scope creep
Many aspects of the PPACA project management rollout can be seen as a contributor to its initial failure. With respect to executing , monitoring & controlling the project, which processes should have been used to track the progress of the project and mitigate any foreseen risks?
creation and monitoring of variance, status, and resource reports
surveying contractors for how satisfied they were with their work
Determining the possible risks to the project by e-mailing superiors regularly
allocating additional funds for the project when necessary
creation and monitoring of variance, status, and resource reports
An undertaking with a start and end, specified goals, and tasks to reach those goals is the definition of the
project.
manager.
phase.
organization.
Project
Problem definition, resource allocation, and risk assessment are 3 key elements of which project phase?
Planning
Closing
Initiation
Executing
Initiation
Which project phase consists of determining the objectives and activities, organizing the activities, and estimating the time and costs?
Planning
Executing
Initiation
Closing
Planning
Project managers use variance reports, status reports, and resource allocation reports in which project phase?
Initiation
Planning
Monitoring & Controlling
Closing
Monitoring & Controlling
The team will write a final report detailing the processes and outcomes of the project in which project phase?
Initiation
Planning
Managing & Controlling
Closing
Closing
Which project phase defines the problem or opportunity that the project is expected to address?
Initiation
Planning
Monitoring & Controlling
Closing
Initiation