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Definitions
Process Groups
Knowledge Areas
Project Charter
Project Selection Methods
100
A temporary endeavour undertaken to create a unique product, service or result.
What is a project?
100

Has 24 processes.

What is the planning process group?

100

The first knowledge area.

What is integration management?

100
Identifies the appropriate scope, deliverables and team participants.
What is the project charter?
100

refers to the time required to recover the costs on investment and based on the principle that every capital expenditure is recovered within a certain period of time.


What is Payback Period (PP)?

200
The application of knowledge, skills, tools and techniques to project activities to meet the project requirements.
What is project management?
200

Has 12 processes and runs through the entire project life cycle.

What is the Monitor and Control process group?

200

Knowledge area where the process of defining what work is required and then making sure all of that work-and only that work-is done.

What is the scope management knowledge area?

200

The project charter is the ________ for senior management, stakeholder and/or sponsor support.

What is a legal document?

200

method takes into account the present and future value of cash inflows.

What is Discounted Cash Flow (DCF)?

300
Person assigned by the performing organization to achieve the project objectives.
What (who) is the project manager?
300

Houses both developing the project charter and identifying the stakeholders.

What is the initiating process group?

300

The ten knowledge areas are the _______ a project manager must practice and master to manage a project efficiently.


What is skills?

300

A project charter is not a  _____________

What is contract?

300

a simple method to assess whether or not a project is good enough to be selected.

What is Cost Benefit Analysis?

400
Includes the processes required to ensure the project includes all the work required and only the work required to compete the project successfully.
What is scope management?
400

Known as the longest process group.

What is the executing process group?

400

The tenth knowledge area.

What is Stakeholder Management?

400

Outlines the benefits and risks associated with the project.

What is business case?

400

is the value in the present of a sum of money, in contrast to some future value it will have when it has been invested at compound interest.


What is Present value (PV)?

500
Includes the processes and activities needed to identify, define, combine, unify and coordinate the various processes and project management activities within the project management process groups.
What is integration management?
500

Only has one process.

What is the closing process group?

500

Mnemonic given to help memorize the knowledge areas.

What is "I Saw Six Cars Quickly Ram Carl’s Rear Passenger Side?"

500
A project charter is ____________ required.
What is always?
500

1st determine the future net cash inflows for the entire economic life of the project. 

2nd determine the rate of discount at which the present value of cash inflows is equal to the present value of cash outflows. 


What is Internal Rate of Return (IRR)?