WEEK 1 QUIZ Flashcards
The traditional competing constraints on a project are:
time, cost and quality/scope
what are 3 parts to a definition of a project?
constraints, consumption of resources, and a well-defined objective
what are the 3 main criteria for the success of a project?
customer satisfaction, customer acceptance, meeting the triple-constraint requirements
List 3 benefits that can be achieved from using project management
improved risk management, tracking of projects, improved estimating
the person responsible for assigning resources to a project is:
line manager
conflicts between the project and line manager are often resolved by:
Project sponsor and executive steering committee
a structured process for managing a multitude of projects is most commonly referred as:
project management methodology
Major difference between a project and a program is usually
The time frame
Projects that remain entirely within one functional area are best managed by the:
Functional manager
Large projects are managed by:
the project of program office for that project
a group of projects is called a:
Program
The most difficult decision for an executive sponsor to make at the end-of-phase review meeting is to:
Cancel the project.