Project Management

The team develops a ___by first clearly defining all the activities it needs to perform.

The project management framework includes ten process groups and five knowledge areas.

One of the main tasks normally involved in project initiation is to identify project __________

Once a project is completed, the products created are integrated into operations

The majority of project management processes occurs as part of the

An example of weighted score model in project management is the supplier evaluation matrix.

__________ subtracting the project costs from the benefits and then dividing by the costs.

Financial Value is the best indicator for organizations to determine which project to pursue.

A project is a temporary endeavor undertaken to create __________ product, service, or result.

Document that formally recognizes the existence of a project & shows objectives

which of the five project mgt process groups is the least time and money usually spent?

The main purpose of project planning is to:

Project teams develop a __________ to coordinate all other project plans.

A business __________ is a document that provides justification for investing in a project.

who determines that all required work in a project has been done correctly and satisfactorily

What two dimensions should you use when evaluating project risks?

__ is an estimate of work performed expressed in terms of the budget authorized for that work

You take out an insurance policy in case a risk event occurs. What is the risk response?

There can be multiple critical paths identified in a project.

The project manager has total control over stakeholders and their level of engagement.

_____ scoring model provides a system for selecting projects based on many criteria.

In which process group do you normally produce the main deliverables of a project?

The task of creating a project charter is normally performed during project planning.

What risk response strategy are you using when you take out an insurance policy?

Providing mentoring and training for project managers and other stakeholders is best practice.

Acceptable quality standards are always decided by the project manager.

To track project progression, earned values calculated can be represented graphically.

What is the most important characteristic or attribute of an effective project manager?

What two dimensions should you use when evaluating project risks?

In a RACI chart, each task may have multiple ____ entries.

What pre-initiating task can be done to justify investing in a project?

Many organizations claim that using project management __________.

A project has an indefinite beginning and a definite end

You can create a __________ grid as part of a stakeholder analysis.

The project team begins to develop a ____ by first defining all activities it needs to perform

Which of the following is an attribute of a project?

Best practices are categorized by five stages of project management

In earned value management, a baseline includes ____ (WBS tasks), time, and cost information

Milestones are points along the project timeline that have no affixed cost or duration assigned

___ deliverable-oriented grouping of work involved that defines total scope of the project.

More than one project can be executed in the identical way.