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PM Basics
Initiating
Planning
Executing
Closing and PM Competency
100
A temporary endeavor which creates a unique product or service
What is a Project
100
It is an internal document that acts as a written agreement between PM and the Customer
What is a Project Charter
100
It is a deliverable grouping of project elements which organizes and defines the scope of the project; each descending level represents an increasingly detailed definition of a project component
What is Work Breakdown Structure (WBS)
100
These are tools used in project management to mark specific points along a project timeline
What are Project Milestones
100
It ensures that deliverables are completed and accepted by the customer; it communicates to the customer the completion of all contractual items
What is Contract Close Out
200
IT is a US based, global professional organization, dedicated to advancing the understanding and use of project management principles and practices
What is the Project Management Institute (PMI)
200
It is a person with a vested interest in a project
What is a Stakeholder
200
It is a bar chart that shows each task and the beginning and the ending dates
What is Gantt Chart
200
It continually identifies modifications, be it actual or proposed, as they occur
What is a Change Control System
200
It is the core personality characteristics underlying a person's capability to do a project; these are behavior, motives, traits, attitudes and self-concepts that enable a person to successfully manage a project
What is Personal Competence
300
It is the application of knowledge, skills, tools, and techniques to project activities to meet project requirements
What is Project Management
300
A project objective is written in this specific criteria to ensure that the objective is easily understood
What is SMART criteria
300
This meeting is used to share unique issues, requirements or challenges identified at the onset of the project
What is a Project Kickoff Meeting
300
It has a potential for loss but also an opportunity for gain
What is Business Risk
300
It is competency that a project manager brings to a project; this can include qualifications and experience (both direct and related)
What is Knowledge Competence
400
A collection of works grouped together to facilitate effective management of that work to meet strategic business objectives.
What is a Portfolio
400
It is the principal document for transmitting the customer's project requirements
What is a Statement of Work (SOW)
400
It is a scheduling tool developed from WBS; this shows the interdependence of project tasks and determines the project duration
What is Network Analysis
400
It is the systematic process of understanding, evaluating, and addressing factors that can affect a project to maximise the chances of objectives being achieved and ensuring organisations, individuals and communities are sustainable
What is Risk Management / Analysis
400
A part of the the closing phase that involves closing of project offices and project facilitites
What is Administrative Close Out
500
A PMBOK Knowledge Area that ensures that the project will satisfy the needs for which it was taken
What is Project Quality Management
500
It is a role in project management, usually the senior member of the project board and often the chair.
What is a Project Sponsor
500
It provides a vehicle to determine which activities have float and can therefore be delayed without delaying the project
What is Critical Path
500
The rate at which project performance is meeting cost expectations from the beginning up to a given period of time.
What is Cumulative Cost Performance Index (CPI)
500
It is what the project manager is able to do or accomplish by applying their project management knowledge
What is Performance Competence