Week 1

Question 1

Inputs

Answer 1

Needed before you start a process

Question 2

Outputs

Answer 2

Needed after you complete a process

Question 3

Project

Answer 3

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

Question 4

A project has

Answer 4

A definite beginning and ending

Question 5

Project Management

Answer 5

Application of knowledge, skills, tools, and techniques to satisfy project requirements

Question 6

What deals with the ongoing production of goods and/or services?

Answer 6

Operations Management

Question 7

Operations Management

Answer 7

Considers the acquisition, development, and utilization of resources that firms need to deliver the goods and services

Question 8

Program Management

Answer 8

Group of related projects managed in a coordinated way to obtain benefits and control not available from managing them individually

Question 9

Grouping projects together

Answer 9

Must be some value added to manage them together as a program

Question 10

A program will always have

Answer 10

Projects

Question 11

A project

Answer 11

May or may not be part of a program

Question 12

The focus of program management

Answer 12

Project interdependencies and helps to determine optimal approach for managing them

Question 13

Portfolio management

Answer 13

Collection of projects, programs, subsidiary portfolios, and operations managed as a group to achieve strategic objectives

Question 14

Phases

Answer 14

Collection of logically related project activities that culminates in the completion of one or more deliverables

Question 15

Number of phases

Answer 15

Depends on industry type, size, and complexity of the project

Question 16

Deliverable

Answer 16

Any unique and verifiable product, service, or result

Question 17

Deliverables can be

Answer 17

Tangible or intangible

Question 18

Deliverables must be

Answer 18

Accepted by the customer or sponsor for the phase

Question 19

Project Life Cycle

Answer 19

Representation of the phases that a project typically goes through from start to finish

Question 20

Project life cycles can be

Answer 20

Either predictive or adaptive

Question 21

Project Governance

Answer 21

Framework within which project decisions are made

Question 22

Three pillars of project governance

Answer 22

Structure
People
Information

Question 23

Stakeholders

Answer 23

Individuals, group, or organization that may be affected or perceive to be affected by the project

Question 24

Key Stakeholder - Project Manager

Answer 24

Manages the project

Question 25

Key Stakeholder - Customer

Answer 25

Uses the project deliverable

Question 26

Key Stakeholder - Project Team

Answer 26

Collection of individuals completing the project work

Question 27

Key Stakeholder - Project Sponsor

Answer 27

Provides resources and support

Question 28

Key Stakeholder - Functional Manager

Answer 28

Departmental Manager (such as Manager of Engineering, Vice President of Marketing, etc)

Question 29

Project Manager Roles

Answer 29

Lead the project Authorized to make decisions Responsible for project success or failure

Question 30

Project Coordinator Roles

Answer 30

Weaker than PM | May be authorized to make decisions

Question 31

Project Expeditor Roles

Answer 31

Weakest role of PM world | Very limited decision authority

Question 32

Project Management Office

Answer 32

Organizational structure that standardizes the processes and facilitates the sharing of resources, methodologies, tools, and techniques

Question 33

Supportive PMO (Project Management Office)

Answer 33

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

Question 34

Controlling PMO (Project Management Office)

Answer 34

Determines framework or methodology and use of specific forms

Question 35

Directive PMO (Project Management Office)

Answer 35

Controls the project | PM will be assigned by and report to PMO

Question 36

Sponsor - Project Boss

Answer 36

Internal or external Project champion Funding the project May be used to resolve conflicts in the project

Question 37

Program Manager - Project Boss

Answer 37

Senior to project manager May be responsible for several projects executing at the same time May be used to resolve conflicts in the project

Question 38

Functional Organizations

Answer 38

Structure that groups staff members according to area of expertise, eg sales, marketing, construction, etc

Question 39

Functional Structures require

Answer 39

Project team members to report directly to functional manager

Question 40

Matrix Organizations

Answer 40

Three structure types | Each type is reflective of project manager’s authority in relation to functional manager’s authority

Question 41

Three matrix organizational structures

Answer 41

Weak PM < FM Balanced PM = FM Strong PM > FM

Question 42

Project oriented organizations (projectizied)

Answer 42

PM has the most authority Project team is assigned full time to the project Upon completion, team moves on to other assignments within organization

Question 43

Hybrid Organizational Structure

Answer 43

Blend of functional, matrix, or project oriented organizations

Question 44

Project Constraints

Answer 44

``` Scope Schedule Cost Risk Quality Resources ```

Question 45

Process

Answer 45

Inputs, outputs and tools/techniques combined to execute a specific purpose on the project

Question 46

Inputs are

Answer 46

The starting point for the process Raw materials to begin the execution Could be output of previous process

Question 47

Tools and techiques

Answer 47

Actions or methods that are used to transform the raw materials into the output

Question 48

Outputs are

Answer 48

The end results of efforts Raw materials into polished stone Maybe be the input into another process