Practice Flashcards

1
Q

What is a Project?

A

Temporary endeavor with a
beginning and end. It creates
a unique product, service or
result

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2
Q

Reasons for project initiation

A

Market Demand, Social
Need, Legal Requirement,
Customer Request,
Technological Advance etc

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3
Q

Example of a project

A
Development a software
application that will receive,
record and prioritize the
incidents received by
customers.
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4
Q

Operational Work

A

Most of the work being done
in organizations which is
ongoing and repetitive.

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5
Q

Example of an operational

work

A

Handling customer incidents
through a software
application which are
received daily.

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6
Q

What is Project

Management?

A

Application of knowledge,
skills, tools and techniques to
project activities to meet the
project requirements.

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7
Q

What are the process groups

of project management?

A

Initiating, Planning,
Executing, Monitoring &
Controlling ,Closing

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8
Q

Program is …

A

Group of projects which are

related with each other.

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9
Q

Example of a program

A
Development of the
entertainment system of a
car with following projects:
Connection Manager, Display
Screen … etc.
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10
Q

Portfolio is …

A

Group of programs which
might not be related
however serve for the same
business goal

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11
Q

Example of a portfolio

A
A car manufacturer aims to
produce three new car
models in next three years
to be the most convenient
car manufacturer for women
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12
Q

Project Management Office

PMO

A

Department centralizes the
management of projects in
an organization

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13
Q

What are the three different
types of PMO structures in
organizations?

A

Supportive, Controlling and

Directive

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14
Q

Project manager can report

to…

A

Functional Manager,
Program Manager or
Portfolio Manager

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15
Q

The most important
interpersonal skill for a
project manager is …

A

Communication

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16
Q

What are the three different
types of PMO structures in
organizations?

A

Supportive, Controlling and

Directive

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17
Q

Project objectives are …

A

What needs to be achieved

as a result of project

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18
Q

Who is responsible for

meeting project objectives?

A

Project Manager

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19
Q

There is a trade-off between

A

Project Requirements and

Project Objectives

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20
Q

The most common project

constraints are …

A

Time, Cost, Scope, Quality,
Customer Satisfaction, Risk
and Resources

21
Q

Organizational Process Assets

A

Plans, processes, policies,
procedures and knowledge
bases specific to and used by
the performing organization.

22
Q

Enterprise Environmental

Factors

A
Conditions that are not
under the control of the
project team, that influence,
constrain or direct the
project.
23
Q

Examples of Enterprise

Environmental Factors

A
-Organizational culture,
structure, and governance.
-Government or Industry
Standards
-Political Climate
24
Q

Stakeholders

A

People whose interests may
be positively or negatively
impacted by the project.

25
Q

Project Governance

A
Provides the project manager
and team with structure,
processes, decision-making
models and tools for
managing the project.
26
Q

Project Team

A

Project Manager and the
group of individuals who
perform the project work.

27
Q

What are the three common
organizational structure
types?

A

Functional, Projectized and

Matrix

28
Q

The most common
organizational structure type
is …

A

Functional

29
Q

Which of the organizational
structure types give the most
control and authority to the
project manager?

A

Projectized

30
Q

In which type of organization
team members report to
functional managers and
project managers?

A

Matrix

31
Q

Project Expediter

A

Acts as staff assistant and
communications coordinator.
Cannot make any decision.

32
Q

Project Coordinator

A

Acts like project expediter
however he or she can make
some minor decisions.

33
Q

Advantages of Functional

Organization

A
Team members report to
only one supervisor
-Similar resources are
centralized and managed
easier.
34
Q

Disadvantages of Functional

Organization

A

No career path in project
management.
The project manager has
little or no authority.

35
Q

Advantages of Projectized

Organization

A
Efficient project organization
Loyalty to the project.
More effective
communications than
functional
36
Q

Disadvantages of Projectized

Organization

A

Lack of professionalism in
disciplines.
Less efficient use of
resources.

37
Q

Advantages of Matrix

Organization

A

Highly visible project
objectives.
Maximum utilization of
scarce resources.

38
Q

Disadvantages of Matrix

Organization

A
Extra administration is
required.
More than one boss for
project teams.
More complex to monitor.
39
Q

Product Life Cycle

A

Starts from conception of a
new product to its
withdrawal.

40
Q

Development Lifecycles can

be …

A

predictive, iterative,
incremental, adaptive or
hybrid.

41
Q

Project Phases are …

A

Collection of related
activities that will produce a
meaningful deliverable.

42
Q

Phase Gates

A

Held at the end of a phase
for review of business case,
Project charter, plans etc

43
Q

Business Documents include

A

Business case and benefits

management plan.

44
Q

Who is accountable for
preparing the business case
document?

A

Project Sponsor

45
Q

Business Case covers …

A

Business needs

  • Analysis of the situation
  • Recommendation
  • Evaluation
46
Q

Benefits Management Plan

A

Defines the processes for
creating, maximizing and
sustaining the benefits
provided by a project.

47
Q

Benefits Management Plan

covers …

A

-Strategic alignment
-Timeframe for realizing
benefits
-Benefits owner

48
Q

Tailoring

A

Selecting appropriate tools,
techniques, procedures etc.
to manage a project.