Project Management
This is a collection of tasks tthat have a defined start and a defined finish with the purpose of creating a good or service. It is an undertaking that is unique, temporary, and will be progressively elaborated as it proceeds, but which has a pre-defined set of objectives.
What is a project?
This type of project management project delivery organization is unique among the 3 types for applying a project expediter.
What is a functional organization?
Initiating, planning, executing, monitoring and controlling and closing are known as...
What are the 5 phases of any project?
This document acknowledges the existence of a project and describes the authority of the project manger.
What is the charter?
This is the work that needs to be accomplished to deliver a good, service, or result, with the specified features and functions plus the work that it is reasonable to report does not need to be done for the same endeavor.
What is the scope?
This challenge of project management is the optimized allocation and integration of inputs needed to make pre-defined objectives.
What is the second or more ambitious challenge?
This type of Project Management project delivery organization is known for producing the strongest project managers.
What is the Projectized or Project Organization?
This person was the first person to tabulate all the theoretically accepted processes necessary to complete any project.
Who was American PM Rita Mulcahy?
Delivering in excess of what was originally agreed without being compensated to do so is referred to as..
What is scope creep?
This process for formalizing acceptance takes place at least at these times.
What is between each project phase?
These 4 principles standardized the way any employee's work effort could be evaluated.
What are Taylor's Principles?
A project contains 11 stakeholders including the project manager. This is the number of stakeholder communication paths.
What is 55?
This is the phase of a project when training is recommended to be completed.
What is executing?
Project mangers are not focus on profits or prices. They are to focus on these.
What are costs?
A deliverable oriented grouping of project components that organizes and defines the total scope of the project.
What is the Work Breakdown Structure (WBS)?
Internal or external factors that surround a project and influence its success are referred to as these.
What are Enterprise Environmental Factors?
This Storyline anecdote allows students to reflect upon how company policy begins.
What is the monkey and banana story?
Despite requiring information from the planning phase, this is when the charter is created.
What is the initiating phase?
Technological uncertainties, scope changes, and mandates are just 3 reasons why this is required.
What is change management?
The WBS is created by these people.
Who are the full project team?
26%
What is the percentage of projects the Project Management Institute classifies as successes?
$1000 is predicted to be invested in a project in year 0. In year 1, the project return is predicted to be $1000. In year 2 the project return is predicted to be $1000. If the internal rate of return is 10% and inflation is 5%, this is the net present value predicted for this proposed project.
What is $625.71
Procurement audits take place in this project phase.
What is closure?
Change orders, change directives, and site instructions are three of the potential outputs from using this type of change management approach.
What is the practical approach?
This is the name we give the number sequence of the WBS.
What is the taxonomy?