Intro - Mod 100

Question 1

Project

Answer 1

temporary endeavor undertaken to create a unique product, service, or result

Question 2

Operational Work

Answer 2

ongoing and repetitive activities (could be turned into projects under specific circumstances, like if a software update involves changing website functionality.

Question 3

Portfolio

Answer 3

to achieve strategic objectives, a collection of sub portfolios, programs, projects, and operations are managed together as a portfolio.

Question 4

Subportfolio

Answer 4

a portfolio in itself but it is management as part of a larger portfolio (fall under portfolio, projects and programs fall beneath, the project does not have to be part of a program)

Question 5

Program

Answer 5

grouped and coordinated together to support the portfolio, programs comprise of subprograms, projects, and other work.

Question 6

Subprograms

Answer 6

programs in itself but managed as part of the larger program.

Question 7

Organizational Project Management (OPM)

Answer 7

a strategy execution framework; uses project, program, and portfolio management to achieve organizational strategies.

Question 8

Strategy/Goal of Portfolio Management

Answer 8

select and prioritize the right projects and programs.

Question 9

Strategy/Goal of Program Management

Answer 9

optimizes the interdependences across projects and programs.

Question 10

Strategy/Goal of Project Management

Answer 10

delivers a specific scope to achieve the organizational objectives.

Question 11

Project Management Office (PMO)

Answer 11

management structure that standardizes the project-related governance processes and facilitates the sharing of resources, methodologies, tools and techniques.

Question 12

PMO Structures

Answer 12

Supportive, Controlling, and Directive

Question 13

Supportive PMO Structure

Answer 13

plays a constructive role in projects, providing templates and training.

Question 14

Controlling PMO Structure

Answer 14

provides support and requires compliance.

Question 15

Directive PMO Structure

Answer 15

controls and manages projects directly.

Question 16

Five Process Groups

Answer 16

Initiating, Planning, Executing, Monitoring and Controlling, and Closing

Question 17

Initiating Process Group

Answer 17

starting the project

Question 18

Planning Process Group

Answer 18

facilitates the planning of the project and spans all ten knowledge areas.

Question 19

Executing Process Group

Answer 19

directing and managing processes of the project.

Question 20

Monitoring and Controlling Process Group

Answer 20

ensures the project stays on task.

Question 21

Closing Process Group

Answer 21

ends the project or phase – including formal closure of procurement activities.

Question 22

PMI Talent Triangle

Answer 22

Technical project management, leadership, and strategic and business management

Question 23

PMI Triangle - Technical Project Management

Answer 23

apply project management knowledge to deliver the desired outcomes for programs and projects

Question 24

PMI Talent Triangle - Leadership

Answer 24

guide, motivate, and direct a team by demonstrating skills in negotiation, resilience, communication, project solving, critical thinking, and interpersonal skills

Question 25

PMI Talent Triangle - Strategic and Business Management

Answer 25

see the high-level overview of the organization and effectively negotiate and implement decisions and actions that support strategic alignment and innovation.

Question 26

Major Influence on Projects

Answer 26

EEFs and Internal OPAs

Question 27

EEFs

Answer 27

Enterprise Environmental Factors - condition beyond control of project team. Internal: infrastructure, resources, employee availability
External: marketplace conditions, legal restrictions, financial considerations

Question 28

Internal OPAs

Answer 28

organizational process assets: processes, policies, and procedures and corporate knowledge base

Question 29

Organizational Structures

Answer 29

Functional, weak matrix, balanced matrix, strong matrix, projectized, and composite

Question 30

Roles of the project manager

Answer 30

Work performance data - raw observations and measurements
Work performance information - performance data collected from various controlling processes
Work performance results - representation of work performance information

Question 31

Project Boundaries

Answer 31

From authorization to completion