Actual Complete Exam |Already Graded A+
1st phase of the project ✔Correct Answer-Initiation phase
2nd phase of the project ✔Correct Answer-Planning phase
3rd phase of the project ✔Correct Answer-Execution phase
4th phase of the project ✔Correct Answer-Controlling phase
5th phase of the project ✔Correct Answer-Closing phase
Acronym for the project phases ✔Correct Answer-I-P-E-C-C
The initiation phase ends when... ✔Correct Answer-there is approval from the client
Which phase is this in?
Adjusting the project plans to address approved changes ✔Correct Answer-planning phase
These are subdomains of which area?
- Project requirements and scope
- Scheduling
- Client contract with agreed scope & specifications
- Pre-construction meeting
- Change orders ✔Correct Answer-Planning phase
What is a fixed price contract? ✔Correct Answer-1 fixed price. Scope is only changed with a
change order
What is a time & materials contract? ✔Correct Answer-charging for the work just as it's done.
Profit might be included in both labor and materials. It's more "open book". Better for smaller
projects/repairs
What is a cost reimbursable/cost plus contract? ✔Correct Answer-More open book, items are
recorded and everything is shown to client. You will add additional fee to all costs.
What are the 6 domains of knowledge that Nari outlines? ✔Correct Answer-1. Planning phase
25%
, 2. Communication domain 20%
3. Project cost management 16%
4. Quality assurance domain 14%
5. Risk management domain 14%
6. Record keeping domain 11%
What is a project? ✔Correct Answer-a temporary endeavor that seeks to create a unique
product or service and is constrained by cost, time, and scope.
What is the triple constraint ✔Correct Answer-cost, time, scope
What does the initation phase aim to achieve ✔Correct Answer-Transforming ideas and
options into a viable project
Getting formal authorization to proceed
When does the initiation phase end? ✔Correct Answer-Approval by the client
What happens when the initiation phase ends? ✔Correct Answer-- Project then transitions
into planning phase
- PM begins to work with team to create detailed project plan
What is the PM's role in initiation? ✔Correct Answer-Gather information needed for decisions
and future planning
Establish relationship and communications with client (and homeowner if
different)
Understand contractual requirements, what is final, what has options
Provide knowledge and experience on managing successful projects (usually based on past
project, good practices, etc)
This area, after quality, is an important measure of the project manager's performance on a
project. ✔Correct Answer-Project cost management
On all projects, risk includes things that could affect... ✔Correct Answer-the scope, schedule,
quality, staffing, and/or budget/financial performance.
(for remodeling, it can also include existing circumstances)