Project+ 3

Question 1

Milestones

Answer 1

Major events in a project that are used to measure progress

Question 2

Planning Process

Answer 2

• Develop a project schedule
• Create a work breakdown schedule
• Determine resources
• Identify and plan for detailed risks
• Determine project requirements
• Write a communication plan
• Develop a procurement plan if utilizing resources outside the organization
• Develop a change management plan
• Define the project budget

Question 3

Deliverables

Answer 3

Output or result that must be completed in order to consider the project complete

Question 4

Initiation Process

Answer 4

• Creating the Project Charter
• Creating a business case and justification
• Defining a high-level scope definition
• Identifying high-level risks

Question 5

Project Management Phases

Answer 5

• Initiation
• Planning
• Executing
• Monitoring and Controlling
• Closing

Question 6

Project Charter

Answer 6

Formally approves the project and authorizes work to begin

Question 7

Monitoring and Controlling Process

Answer 7

• Monitoring the risks/ issues log
• Performance measuring and reporting
• Performing quality assurance/ governance activities
• Administering the change control process
• Monitoring the budget

Question 8

Project Description

Answer 8

Describes the characteristics of the product, service, or result of the project

Question 9

Closing Process

Answer 9

• Integration plan
• Transition
• Lessons Learned
• Project signoff
• Close contracts
• Releasing resources
• Archiving documents

Question 10

Key elements of Project Charter

Answer 10

• Project goals and objectives
• Project description
• Problem statement
• Key project deliverables
• High-Level milestones
• High-Level cost estimates
• Stakeholder identification
• High-level assumptions
• High-level constraints
• High-level risks
• Name of the project manager and their authority level
• Name of the sponsor

Question 11

Goal and Objective

Answer 11

Specific and Measurable