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1
Q

Define “project.”

1.2 Recognize the relationships among project, program, portfolio, and operational management

A

A project is a temporary endeavor undertaken to create a unique product, service, or result.

PMBOK Guide, 1.2.1 - Projects, p. 4

2
Q

In the definition of a project, what does “unique product, service, or result” mean?

1.2 Recognize the relationships among project, program, portfolio, and operational management

A

This phrase indicates that projects are undertaken to fulfill objectives by producing deliverables.

PMBOK Guide, 1.2.1 - Projects, p. 4

3
Q

In the definition of a project, what does “temporary endeavor” mean?

1.2 Recognize the relationships among project, program, portfolio, and operational management

A

This phrase indicates that a project has a definite beginning and end.

PMBOK Guide, 1.2.1 - Projects, p. 5

4
Q

Define “program.”

1.2 Recognize the relationships among project, program, portfolio, and operational management

A

A program is a group of related projects, subsidiary programs, and program activities managed in a coordinated manner to obtain benefits not available from managing them individually.

PMBOK Guide, 1.2.3.1 - Overview, p. 11

5
Q

Define “portfolio.”

1.2 Recognize the relationships among project, program, portfolio, and operational management

A

A portfolio is projects, programs, subsidiary portfolios, and operations managed as a group to achieve strategic objectives.

PMBOK Guide, 1.2.3.1 - Overview, p. 11

6
Q

Define “operations management.”

1.2 Recognize the relationships among project, program, portfolio, and operational management

A

Operations management is concerned with the ongoing production of goods and/or services. It is an area that is outside the scope of formal project management as described in this guide.

PMBOK Guide, 1.2.3.4 - Operations Management, p. 16

7
Q

How do projects, programs, portfolios, and operations interact and relate to one another?

1.2 Recognize the relationships among project, program, portfolio, and operational management

A

Organizational project management (OPM) us a framework in which portfolio, program, and project management are integrated with organizational enablers in order to achieve strategic objectives.

OPM ensures that the organization undertakes the right projects and allocates critical resources appropriately. OPM also helps to ensure that all levels in the organization understand the strategic vision, the initiatives that support the vision, the objectives, and the deliverables.

PMBOK Guide, 1.2.3.6 - Organizational Project Management (OPM) and Strategies, p. 17

8
Q

Define “project lifecycle.”

1.3 Define a typical project lifecycle

A

A project lifecycle is the series of phases that a project passes through from its start to its completion.

PMBOK Guide, Table 1-3 - Description of PMBOK Guide Key Components, p. 18

9
Q

Define a typical project lifecycle.

1.3 Define a typical project lifecycle

A

A project lifecycle typically includes a starting phase, an organizing and preparing phase, an executing phase, and a closing phase.

10
Q

What is “tailoring”?

1.4 Understand the function and importance of tailoring for different projects

A

Tailoring involves selecting the appropriate project management processes, inputs, tools, techniques, outputs, and life cycle phases for the particular project.

PMBOK Guide, 1.2.5 - Tailoring, p. 28

11
Q

Why is tailoring important?

1.4 Understand the function and importance of tailoring for different projects

A

Tailoring is necessary because each project is unique. It should address the competing constraints of scope, schedule, cost, resources, quality, and risk.

PMBOK Guide, 1.2.5 - Tailoring, p. 28

12
Q

Identify the internal enterprise environmental factors that may impact the outcome of a project.

2.1 Identify the factors and assets that may impact the outcome of a project.

A
  • Organizational culture, structure, and governance
  • Geographic distribution of facilities and resources
  • Infrastructure
  • Information technology software
  • Resource availability
  • Employee capability

PMBOK Guide, 2.2.1 - EEFs [Enterprise Environmental Factors] Internal to the Organization, p. 38

13
Q

Identify the external enterprise environmental factors that may impact the outcome of a project.

2.1 Identify the factors and assets that may impact the outcome of a project.

A
  • Marketplace conditions
  • Social and cultural influences and issues
  • Legal restrictions
  • Commercial databases
  • Academic research
  • Government or industry standards
  • Financial considerations
  • Physical environmental elements

PMBOK Guide, 2.2.2 - EEFs [Enterprise Environmental Factors] External to the Organization, p. 39

14
Q

Identify the organizational process assets that may impact the outcome of a project.

2.1 Identify the factors and assets that may impact the outcome of a project.

A
  • Processes, policies, and procedures
  • Organizational knowledge bases

PMBOK Guide, 2.3 - Organizational Process Assets, p. 39