What are the key attributes of a project? correct answers Unique purpose and is temporary
Has a primary customer or sponsor
Drives change and creates value
Requires collaboration and resources
What are the 3 project constraints? correct answers Scope
Time
Cost
10 Project Management Knowledge Areas? correct answers Scope
Cost
Schedule
Communications
Stakeholders
Procurement
Resource
Project Integration Management
Risk
Quality
What is a discretionary cost? correct answers An optional cost
Growth and Venture Costs
What is a non-discretionary cost? correct answers A mandatory cost
Core costs
, What defines project success? correct answers A project is successful if:
- Met STC goals
- Satisfied customer/sponsor
- Met it's main objective
Why do projects succeed? correct answers - Adequate funding
- Staff expertise
- Stakeholder engagement
What is a program vs a project? correct answers Program is a group of related projects managed
in a coordinated manner.
1 Program manager --> n Project managers
What is project portfolio management? correct answers Process of grouping projects and
programs into one portfolio
What duration and goals does project portfolio management look at? correct answers Long term
Strategic goals
More high level questions
What duration and goals does project management look at? correct answers Short term
Tactical goals
More in the moment questions
When do projects end? correct answers Objectives are reached
Project is terminated
Who are stakeholders? correct answers People involved in or affected by project activities