Foundational Elements - Not all-inclusive

Question 1

Expectations of the project manager do not change, but control of detailed planning and delivery delegated to the team, emphasis on collaborative decision making, and ensuring the team has the ability to respond to changes.

Answer 1

Agile/Adaptive Envioronments

Question 2

Net quantifiable benefits derived from a business endeavor, and is the return, in the form of elements such as money, goods, or intangibles in return for something exchanged.

Answer 2

Business Value

Question 3

A project is amid at moving an organization from one state to another state in order to achieve a specific objective.

Answer 3

Project Drive Change

Question 4

Benefits may be tangible, intangible, or both.

Answer 4

Projects Enable Business Value Creation

Question 5

the series of phases that a project passes through from start to completion (through”Phase Gates” (PG)

Answer 5

Project Life Cycle

Question 6

A framework in which portfolio, program, and project management are integrated with organizational enablers to achieve strategic objectives.

Answer 6

Organizational Project Management (OPM)

Question 7

A temporary work endeavor was undertaken to create a unique product, service, or result.

Answer 7

Project

Question 8

The application of knowledge, skills, tools, and techniques to project activities to meet project requirements.

Answer 8

Project Management

Question 9

Related projects, subsidiary programs, and program activities managed in a coordinated manner to obtain benefits not available from managing them individually.

Answer 9

Program

Question 10

The application of knowledge, skills, tools, and techniques to a program to achieve program objectives and obtain benefits and control not available by managing program components individually.

Answer 10

Program Management

Question 11

Projects, programs, subsidiary portfolios, and operations managed as a group to achieve strategic objectives.

Answer 11

Portfolio

Question 12

The centralized management of one or more portfolios to achieve strategic objectives.

Answer 12

Portfolio Management

Question 13

What are the 5 Project Management Process, Groups

Answer 13

Initiating
planning
executing
monitoring & Controlling
Closing

Question 14

What are the 10 knowledge areas

Answer 14

Project Integration Management
Scope
Schedule
Cost
Quality
Resource
Communications
Risk
Procurement
Stakeholder

Question 15

What are the 2 Initiating processes

Answer 15

Develop project charter

Identify stakeholders

Question 16

What are the 24 planning processes

Answer 16

Develop a project management plan

Plan scope management, Collect requirements, Devine scope, Create WBS

Plan schedule management, Define Activities, Sequence Activities, Estimate activities duration, Develop schedule

Plan cost management, Estimates cost, Determine budget

Plan quality management

Plan resource management, Estimates activities resources

Plan communication management

Plan risk management, Identify risks, Perform qualitative risk analysis, Perform quantitatively risk analysis, Plan risk responses

Plan procument management

Plan stakeholder engagement

Question 17

What are the 10 Executing Processes

Answer 17

Direct and manage project work, Manage project knowledge

Manage quality

Acquire resources, Develop team, Manage team

Manage communication

Implement risk responses

Conduct procurements

Manage stakeholder engagement

Question 18

What are the 12 Monitoring and Controlling Processes

Answer 18

Monitoring and control project work, Perform inegrated change control

Validate scope, control scope

Control schedule

Control cost

Control quality

Control resources

Monitor communications

Monitor risks

Control procurements

Monitor stakeholder engagements

Question 19

What is the 1 Closing Phase

Answer 19

close project or phases.