Project Management Framework

Question 1

Operational Work

Answer 1

a continuing endeavor that produces many identical or nearly identical products

Question 2

project

Answer 2

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

Question 3

project triggers

Answer 3

market demands, customer requests, org requirements, technological advances, legal requirements, ecological impacts & social needs.

Question 4

Project Management

Answer 4

application of knowledge, skills, tools & techniques, and resources to project activities to satisfy project requirements.

Question 5

Program

Answer 5

a group of related projects managed in a coordinated way, can’t be achieved with a project.

Question 6

Portfolio

Answer 6

a group of related project and/or programs and other works to achieve a specific strategic goal

Question 7

Organizational Project Management (OPM)

Answer 7

a strategy execution framework that keeps the entire organization focused on overall strategy

Question 8

OPM3:

Answer 8

PMI’s organizational project management, maturity model

Question 9

What are the PMI Knowledge Areas

Answer 9

• Integration
• Scope
• Schedule
• Cost
• Quality
• Resource
• Communications
• Risk
• Procurement
• Stakeholder Management

Question 10

Organizational Types

Answer 10

• Organic/Simple: the simplest form of org. structure
• Functional: an org. grouped by areas of specialization within different functional areas (HR, legal, admin, finance)
• Multi-Divisional: one parent company consists of a number of different divisions operating separate businesses.
• Project Oriented: an org. structured by projects
• Matrix: a hybrid organization, strong, balanced, weal
• Virtual: a geographically dispersed distributed remote team
• Hybrid: an org. where more than one organizational design is used

Question 11

Project Management Office (PMO)

Answer 11

• Supportive: serves as a repository and plays a consultative role, has a low level of control (training, templates, best practices)
• Controlling: provides guidelines, policies, and templates and requires compliances, has a moderate level of control
• Directive: directly involved in managing projects; has a high level of control.

Question 12

Project Lifecycle

Answer 12

a representation of the generally sequential and sometimes overlapping project phases that a project goes through.

Question 13

Types of Project Lifecycles

Answer 13

• Plan-Driven / Predictive / Traditional > Iterative
• Change-Driven > Incremental
• Hybrid > Adaptive

Question 14

Process

Answer 14

a set of interrelated actions and activities directed toward end results (ITTO)

Question 15

Kill Points / Exit gates / stage gates

Answer 15

A review of deliverable at phase completion

Question 16

Phases

Answer 16

groups of project activities separated by exit gates to evaluate phase deliverables

Question 17

Progressive Elaboration

Answer 17

an iterative approach of defining and developing a product by incremental steps as more accurate estimated and info become available

Question 18

Common Inputs, Tools & Techniques & Outputs

Answer 18

• Inputs: enterprise environmental Factors (EEF), Organizational Process Assets (OPA), Project Mgmt. Plan, Work Performance Data, Project Documents
• Tools & Techniques: expert judgement, project mgmt., Info System (PMIS), meetings, Decision-making, Communication Skills, Interpersonal & Team skills
• Outputs: Change Requests (corrective actions, preventive actions, defect repairs), Updates (Project Mgmt. Plan, Project Documents)