Weeks 4-6

Question 1

What is Project Integration Management?

Answer 1

Project Integration Management includes the processes and activities to identify, define, combine, unify, and coordinate the various processes and project management activities within the Project Management Process Groups

Question 2

In the project management context, integration includes…

Answer 2

characteristics of unification, consolidation, communication, and
interrelationship. These actions should be applied from the start of the project through completion

Question 3

What are the three constraints of project management

Answer 3

Cost, schedule and quality.

Question 4

What do project managers do?

Answer 4

Project managers are responsible for coordinating project tasks and managing stakeholders to support the delivery of project goals.

Question 5

What are the 5 process groups?

Answer 5

Initiating, planning, executing, monitoring
and controlling and closing

Question 6

What are stakeholders?

Answer 6

A stakeholder is any individual or
organisation that can impact or be impacted by a project negatively or positively.

Question 7

What are the two classifications of stakeholders?

Answer 7

Internal stakeholders - those that have a direct relationship with the project or organisation.

External stakeholders - those outside of the organisation or project but still have
influence over the outcomes

Question 8

How do you analyse stakeholders?

Answer 8

Power and interest

Question 9

Which document main is the output of project planning?

Answer 9

Project management plan

Question 10

A project should always align with an organisation’s…

Answer 10

…strategy, vision, mission and
values.

Question 11

Internal influences include…

Answer 11

Organisational cultural, strategy, and structure

Question 12

External influences include:

Answer 12

Legal, technology, critical incidents, and environment including
geographical location

Question 13

What is a risk?

Answer 13

A risk is any event that, if it occurs, has the potential to positively or negatively impact project
objectives

Question 14

What are the five risk management strategies that can be implemented based on the severity of the
probability and impact of the risk?

Answer 14

Escalate
Avoid / Eliminate
Transfer
Mitigate, Reduce
Accept / Retain

Question 15

What is a resource and what are some examples?

Answer 15

A resource is any good that is required to complete a goal or activity. Resources that may be used in a project include human resources like employees, industry experts.

Physical resources such as a building, raw materials, vehicles and machines.

Financial resources like cash, credit and owners’ equity.