Management 1
Definitions
Project life cycle
Cost estimating
definition 2
100

The project life cycle is scope

WHAT IS ANS FALSE

100

What is a project?

A temporary endeavor to do tasks for a final result. It ends

100

What is initiating

define of a new project or a new phase of an existing poject

100
What is expert judgment?

Judgment and expertise that is applied from a person with experience in the field.

100
What is scope?

Scop is the thing that defines the boundaries of the project an what is outside of those baundaries.

200

Project initiation is the first step of the project

WHAT IS ANS TRUE

200

What is project management?

Planning, organizing, and managing resources to bring about the successful completion of a project

200

What is planning?

Establish the total scope and order of the project

200

what is analogous estimating?

A high level of estimating used to include program evaluation review techniques.

200

What is Time?

This involves establishing a timeline for completion of the project, including benchmarks and deadlines

300

The four core functions are scope, time, cost, initiation

WHAT IS ANS FALSE

300

What are the 5 stages of project lifecycle?

What is initiating, planning, executing, monitoring and controlling, closing
300

What is executing?

Carry out and complete the work as defined in the project management plan.

300

what is parametric estimation?

used to estimate the quantity of work and productivity rate per unit of work.

300

What is cost

This is the amount of money that is required to do the project

400

If Harib has 19 apples and he wants to sell 14 of them to Allsack, what will be the document to initiate this

WHAT IS CONTRACT

400

Who is a project manager

He/She is the person that is in control of making sure that the project is sucsessfully completed
400
What is monitoring and controlling?

Track, review, and regulate the execution of the project.

400

Bottom-up estimating?

Used when estimating activities that are rolled u to create a total project estimate.

400

What is quality?

Ability to satisfy both stated and implied needs by the stakeholder.

500

If Harrison has mental issues and his mom (Karenn) is managing his health and her father (David) is authorizing and paying for the operations who is the stakeholder?

WHO IS DAVID

500

Who is the project sponsor?

He/She is the person that is supporting the project or paying for it. Signs things off and work closely with the project manager

500

What is closing?

Finalize the project. The official end of the project.

500

What is Three-point estimating?

Used to look at best case, worst case, and most likely estimates when creating cost estimates.

500

Who is the POTUS?

YOBAMA