PM-PL1 Flashcards

1
Q

involves the application of project management principles, methods, and tools tailored to the unique challenges and requirements of IT projects

A

IT project management

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2
Q

This encompass the development,, implementation, enhancement, or maintenance of IT systems, software, applications, infrastructure, or technology-driven initiatives

A

IT projects

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3
Q

involves determining its objectives,, deliverables, and boundaries to ensure alignment with stakeholder expectations

A

Scope Management

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4
Q

clear scope definition prevents ____, which can lead to project delays, budget overruns, and dissatisfaction among stakeholders

A

scope creep

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5
Q

planning, scheduling, and monitoring project activities to ensure timely completion of deliverables and milestones.

A

time management

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6
Q

what are the benefits of time management

A

this helps in meeting deadlines, optimizing resource utilization, and maintaining stakeholder confidence

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7
Q

estimating budgeting and controlling project costs to ensure optimal resource allocation and financial performance.

A

Cost Management

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8
Q

what are the benefits of cost management

A

this prevents budget overruns, maximizes ROI, and enhances project profitability

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9
Q

ensuring that project deliverables meet predefined quality standards and satisfy user requirements.

A

Quality Management

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10
Q

What are the benefits of quality management

A

quality management enhances customer satisfaction, reduces rework, and minimizes the risk of defects or errors

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11
Q

Identifying, assessing, and mitigating project risks to minimize their potential negative impacts on project objectives.

A

Risk Management

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12
Q

_____ risk management enhances project resilience, improves decision-making, and increases the likelihood of project success

A

Risk Management

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13
Q

Establishing effective channels and mechanisms for communication among project stakeholders to facilitate collaboration and information exchange.

A

Communication Management

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14
Q

What are the benefits of Communcation Management

A

This fosters transparency, reduces misunderstandings, and enhances stakeholder engagement and satisfaction

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15
Q

recruiting, organizing, and managing project team members to maximize their productivity and contribution to project success.

A

human resource management

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16
Q

what are the benefits of HRM

A

effective human resource management fosters teamwork, motivates team members, and enhances overall project performance

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17
Q

Acquiring external resources, services, or products required for the project through procurement processes and vendor management

A

procurement management

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18
Q

what are the benefits of procurement management

A

it ensures timely access to required resources, minimizes procurement risks, and optimizes vendor relationships

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19
Q

enumerate the common methodologies and frameworks

A

waterfall model
agile methodology
scrum framework
kanban method

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20
Q

sequential approach with distinct phases and minimal flexibility for change. suitable for projects with well-defines requirements and stable scope

A

waterfall model

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21
Q

iterative and incremental approach emphasizing flexibility, collaboration, and responsiveness to change. suitable for projects with evolving requirements and high levels of uncertainty

A

agile methodology

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22
Q

agile framework with iterative development cycles (sprints), regular feedback loops, and self-organizing cross-functional teams. emphasizes adaptability, transparency, and continuous improvement

A

scrum framework

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23
Q

visual management approach for workflow optimization, emphasizing continuous delivery and incremental improvement. focuses on visualizing work, limiting work in progress, and optimizing flow

A

kanban method

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24
Q

uncontrolled expansion of project scope leading to increased cost, delays, and risks

A

scope creep

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25
how to mitigate scope creep
through effective scope management processes and change control mechanisms
26
limited availability of skilled personnel, budgetary constraints, and technological limitations
resource constraints
27
how are resource constraints addressed
through resource planning, allocation, optimization, and skill development initiatives
28
integration challenges, interpoerability issues, and evolving technologies requiring specialized expertise
technical complexity
29
how to manage technical complexity
through technical assessments, expertise acquisition, and technology roadmapping
30
managing diverse stakeholder interests, expectations, and communication needs,
stakeholder management
31
how is stakeholder management facilitated
through stakeholder analysis, engagement strategies, and effective communication channels
32
what are the importance and benefits of IT project management
1. alignment with business objectives 2. enhanced efficiency and productivity 3. risk mitigation 4. improved stakeholder satisfaction
33
IT projects aligned with organizational goals, strategies, and priorities deliver vallue and competitive advantage
alignment with business objectives
34
effective project management practices streamline processes, optimize resource allocation, and minimize waste
enhanced efficiency and productivity
35
proactive risk management reduces the likelihood and impact of adverse events on project outcomes
risk mitigation
36
engaging stakeholders, managing expectations, and delivering quality results foster trust and satisfaction
improved stakeholder satisfaction
37
these are individuals, groups, or organizations that have an interest in or are impacted by the outcome of an IT project
IT project management stakeholders
38
True or false: stakeholders can include internal and external entities
true
39
give examples of stakeholders
client, project sponsors, end-users, project team members, vendors, regulatory bodies, and the broader community
40
these stakeholders belong to the organization implementing the project and may include executives project managers, project team members, and other departmental staff
internal stakeholders
41
individuals or entities outside the organization but have a vested interest in the project's outcome. they can include clients, customers, suppliers, regulatory agencies, and industry partners
external stakeholders
42
typically a senior executive or key stakeholder within the organization funding the project. their role is pivotal as they provide financial resources, strategic direction and political support for the project
project sponsor
43
what are the responsibilities of a project sponsor
* Setting project objectives and priorities. * Securing funding and resources. * Approving project plans and deliverables. * Advocating for the project within the organization
44
responsible for overall project planning, execution, and control. they serve as the primary point of contact for stakeholders and are accountable for delivering the project on time, within budget, and according to specifications
project manager
45
what are the responsibilities of a project manager
* Leading the project team. * Developing project plans and schedules. * Monitoring performance. project progress * Communicating with stakeholders. * Managing risks and issues.
46
individuals responsible for executing specific tasks and activities to achieve project objectives.
project team members
47
what are the responsibilities of project team members
* Performing assigned tasks according to project plans. * Collaborating with team members. * Providing expertise and insights. * Reporting progress and issues to the project manager.
48
individuals or groups who will ultimately use the project deliverables. their satisfaction and acceptance are critical for project success as their needs must be met for the project to be considered successful
end-users
49
what are the responsibilities of end-users
* Providing input on user requirements and preferences. * Participating in user acceptance testing. * Providing feedback on usability and functionality. * Training and support during implementation
50
provide goods, services, or expertise necessary for project implementation. their performance directly impacts project quality, timelines, and costs
vendors and suppliers
51
what are the responsibilities of vendors and suppliers
* Delivering goods or services according to agreed-upon specifications. * Meeting project deadlines and quality standards. * Communicating effectively with the project team. * Resolving issues and addressing concerns promptly.
52
they establish and enforce rules, standards, and regulations that govern the project.
regulatory bodies
53
individuals, organizations, or groups affected by the project's outcomes. their support concerns and feedback can influence project success and public perception
community stakeholders
54
what are the responsibilites of community stakeholders
*Responsibilities * Engaging with the community to gather feedback and address concerns. * Providing information about the project and its potential impacts. * Collaborating on community outreach and engagement efforts. * Mitigating negative impacts on the community.
55
enumerate the different types of stakeholders
project sponsor, project team members, end-users, vendors and suppliers, regulatory bodies, community stakeholders
56
these are essential for ensuring the success of IT projects. these strategies involve proactive efforts to identify stakeholders, understand their interests and expectations, communicate effectively with them, manage their expectations, and build positive relationships
stakeholder management strategies
57
this helps identify individuals, groups, or organizations who have a vested interest in the project and may be affected by its outcomes
conduct stakeholder analysis
58
utilize techniques such as stakeholder mapping, surveys, interviews, and workshops to identify stakeholders
methodology
59
determine stakeholders interests, concerns, expectations and their level of influence on the project
assess interests and influence
60
identify stakeholders' preferred communication channels, frequency of updates, and their expectaitions regarding the project's progress
understand communication preferences
61
enumerate the actions to identify stakeholders
conduct stakeholder analysis, methodology, assess interests and influence, and understand communication preferences
62
enumerate how to communicate effectively
establish clear communication channels, utilize multiple channels, provide regular updates, solicit feedback
63
effective communication ensures that stakeholders are informed about the project's objectives, progress, and any changes or issues
establish clear communicatino channels
64
employ a variety of communication channels such as email, meetings, project management software, and collaboration tools to reach stakeholders
utilize multiple channels
65
regularly update stakeholders on project milestones, achievements, risks, and upcoming activities to keep them informed and engaged
provide regular updates
66
encourage stakeholders to provide feedback and input on project deliverables, decisions, and processes to ensure their perspectives are considered
solicit feedback
67
enumerate how to manage expectations
set realistic expectations, clarify roles and responsibilities, address concerns proactively, align objectives
68
managing stakeholders' expectations helps align their perceptions with project realities, reducing the likelihood of dissatisfaction and misunderstandings
set realistic expectations
69
clearly define stakeholders' roles, responsibilities, and contributions to the project to avoid ambiguity and confusion
clarify roles and responsibilites
70
anticipate potential concerns or issues that may arise and address them proactively through open communication and problem-solving
address concerns proactively
71
ensure stakeholders understand the project's objectives, scope, constraints, and potential risks to align their expectations with project outcomes
align objectives
72
enumerate how to build relationships?
cultivate positive relationships, trust-building activities, collaboration opportunities, address risks and issues, enhance collaboration, demonstrate responsiveness
73
building positive relationships fosters trust, cooperation, and collaboration among stakeholders, which is crucial for project success
cultivate positive relationships
74
engage stakeholders in trust-building activities such as regular meetings, workshops, and team-building exercises to foster rapport and mutual understanding
trust-building activities
75
provide opportunities for stakeholders to collaborate with the project team, share their expertise, and contribute to decision-making processes
collaboration opportunities
76
effective stakeholder management helps identify potential risks, anticipate challenges, and address issues promptly, reducing project disruption and delays
address risks and issues
77
engaging stakeholders fosters collaboration, promotes transparency, and facilitates effective decision-making, leading to better project outcomes and stakeholder relationships
enhance collaboration
78
respond promptly to stakeholders' inquiries, concerns, and feedback to demonstrate that their input is valued and taken seriously
demonstrate responsiveness
79
is a continuous process throughout the project lifecycle, requiring proactive efforts to identify stakeholders, communicate effectively, manage expectations, and build positive relationships
stakeholder management
80
questions?
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