Project Management 1.0
A project manager's responsibility is to oversee . . . .
What is everything within a project?
The starting place for planning all project parameters, which are Scope, Time, Resources and Quality.
What is the WBS or Work Breakdown Structure?
There are 5 steps & phases for Project Management. They are Initiation, Planning, Execution, Monitor/Control and ...........
What is Closure?
An individual, group or organization that may affect, be affected by, or perceive itself to be affected by a decision, activity or outcome of a project.
What is a Stakeholder?
Two External Stakeholders might be . . . . .
What are customers, regulators, vendors, suppliers, unions, the public?
A significant point or event in a project.
What is a milestone?
To observe and check the progress or quality of over a period of time.
What is Monitoring?
Project Management is a _________ endeavor undertaken to create a unique product, service or result.
What is Temporary?
Evaluation is a specific activity or moment and it provides recommendations to strategic decision-making processes. The main difference between evaluation and monitoring it that monitoring is a ............ process
What is Continuous?
An organizational structure in which staff is grouped by areas of specialization. It is how most organizations & projects are still organized.
What is a Functional Organization?
Project Management is a ......... Control System. Without a desired delivery date, target budget, and expected capabilities, a control system is of little interest to those providing the money at business level.
What is a Closed Loop?
This type of chart gives a clear illustration of project status, but one problem with them is that they don't indicate task dependencies - you cannot tell how one task falling behind schedule affects other tasks. Name this chart and name the chart that does clearly illustrates task dependencies.
What is a Gantt Chart and what is a PERT Chart?
The series of phases that a project passes through from its start to its completion.
What is Project Life Cycle?
This type of Chart anticipates what may go wrong and what will be done about it to avoid nasty surprises?
What is a Control Point Identification Chart?
The uncontrolled expansion to project scope without adjustments of time, cost and resources.
What is Scope Creep?
Best source or place to start monitoring is the . . . .
What is an Action Plan?
Comparing actual performance with planned performance, analyzing variances, assessing trends to effect process improvements, evaluating possible alternatives and recommending appropriate corrective action as needed.
What is Control?
Although the Triple Constraint consists of Scope, Cost and Time, what other vital element is typically overlooked, but should be considered at all times?
What is Quality?
This is a method for shortening the project duration by reducing the time of one (or more) of the critical project activities to less than its normal activity time.
What is Project Crashing?
Look at activities that are normally done in sequence and assign them instead partially in parallel. This typically involves risk that could lead to increased cost and some rework later.
What is Fast Tracking?
Comes at the end of the project (or at mid-term) to find out the weaknesses and the results of the project.
What is Evaluation?
SMART Goals are an acronym for the following 5 important elements.
What are Strategic, Measurable, Attainable, Relevant and Time-bound?
Who identifies and defines the project? Also the one who can cancel the project if no longer needed.
What is the Project Sponsor?
This tool to help project managers synthesize the information gathered from monitoring & controlling processes into meaningful knowledge.
What is/are KPI or Key Performance Indicators?
This is a technique that helps determine your project’s SCHEDULE STATUS and COST STATUS. It identifies what you have spent, but it also identifies the value you have garnered in the project in terms of completed work.
What is EVMS or Earned Value Monitoring System?