PMP Andrew Udemy Flashcards

Andrews Explanation (33 cards)

1
Q

What is a Project

A

A temporary endeavor that produces a unique product, service or result

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

A Project is

A

Temporary in Nature

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

A Project can be

A

part of a larger program or portfolio

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

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

A

Project Management is

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Preparing the business case to justify the investment

A

Project Management is

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Estimating resources and times

A

Project Management is

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Developing and implementing a management plan for the project

A

Project Management is

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Leading and motivating the project delivery team

A

Project Management is

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Managing the risks, issues and changes on the project

A

Project Management is

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Monitoring progress against plan

A

Project Management is

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Closing the project in a controlled fashion when appropriate

A

Project Management is

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Program Management it is

A

It is simply a really large project broken down and other project managers are overseeing them.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Program Management like a

A

Iikea bridge you cannot manage it as a simple project, there are so many massive projects

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Program Management Each Project

A

Each project will have a project manager then a program manager looks over it.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

It is simply a really large project broken down and other project managers are overseeing them.

A

Program Management

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Iike a bridge you cannot manage it as a simple project, there are so many massive projects

A

Program Management

17
Q

Each project will have a project manager then a program manager looks over it.

A

Program Management

18
Q

Must be some value add in managing them together as a program

A

Program Management

19
Q

A project may or may not be part of a program, but a program will always have projects

A

Program Management

20
Q

Focuses on the project interdependencies and helps to determine the optimal approach for managing them

A

Program Management

21
Q

Program will always have projects

A

Program Management

22
Q

Projects may Not have Programs

A

Program Management

23
Q

PMO

A

PMO usually a single person standardize processes very important. PMO not in small projects

24
Q

A PMO Can Be Supportive

A

Supports the project manager such as providing templates, training or lessons learned

25
A PMO Can Be Controlling
Determines the framework of methodology and use of specific forms
26
A PMO Can Be Directive
Controls the project. PM will be assigned to the PMO
27
A Portfolio is
is a collection of projects, programs, subsidiary portfolios and operations managed as a group to achieve strategic objectives
28
A Portfolio Collections
Collections of Projects, Programs, Subsidiary Portfolios
29
A Portfolio Achieves
Achieve Strategic (long Term) Objectives
30
Portfolio Manager
- looks at strategic goal - we need this and this work with CEO or a small business it is the CEO.. Big High Level Executive
31
Operations Deals with
Deals with the ongoing production of goods or services that the company provides
32
Operations Considers
Considers the acquisition, development and utilizes of the resources the firm needs to deliver the goods and services.
33
Operations Same Kind
Same kind of work every day