Information Technology Project Management Final Exam!!|Complete
Questions with Correct Answers Graded A+
project
a temporary endeavor undertaken to create a unique product, service, or result
Operations
work done to sustain the business
Projects end
when their objectives have been reached or the project has been terminated
Project Attributes
unique purpose, temporary,Requires resources, Involves uncertainty
project sponsor
provides the direction and funding for the project
Project managers
work with project sponsors, the project team, and other people involved in a project to meet project
goals
Program
group of related projects managed in a coordinated way to obtain benefits and control not available
from managing them individually
Program managers
oversee programs; often act as bosses for project managers
Triple Constraint
scope, time, and cost
Quadruple constraint
scope, time, and cost, Quality
Project management
the application of knowledge, skills, tools and techniques to project activities to meet project
requirements
Stakeholders
the people involved in or affected by project activities
, Stakeholders include
sponsor, manager, team, support staff, customers, users, suppliers
Project management tools and techniques
assist project managers and their teams in various aspects of project management. (Project Charter,
WBS, Gantt Chart, Diagrams)
project portfolio management
organizations group and manage projects and programs as a portfolio of investments that contribute to
the entire enterprise's success
Portfolio managers
help their organizations make wise investment decisions by helping to select and analyze projects from a
strategic perspective
project charter
a document that formally recognizes the existence of a project and provides direction on the project's
objectives and management
3 basic organization structures
Functional, Project, Matrix
Functional Structure
functional managers report to the CEO
Project Structure
program managers report to the CEO
Matrix Structure
middle ground between functional and project structures; personnel often report to two or more
bosses; structure can be weak, balanced, or strong matrix
leader
focuses on long-term goals and big-picture objectives while inspiring people to reach those goals
manager
deals with the day-to-day details of meeting specific goals
Work Breakdown Structure (WBS)
a deliverable-oriented grouping of the work involved in a project that defines the total scope of the
project. WBS provides the basis for planning and managing project schedules, costs, resources, and
changes
Questions with Correct Answers Graded A+
project
a temporary endeavor undertaken to create a unique product, service, or result
Operations
work done to sustain the business
Projects end
when their objectives have been reached or the project has been terminated
Project Attributes
unique purpose, temporary,Requires resources, Involves uncertainty
project sponsor
provides the direction and funding for the project
Project managers
work with project sponsors, the project team, and other people involved in a project to meet project
goals
Program
group of related projects managed in a coordinated way to obtain benefits and control not available
from managing them individually
Program managers
oversee programs; often act as bosses for project managers
Triple Constraint
scope, time, and cost
Quadruple constraint
scope, time, and cost, Quality
Project management
the application of knowledge, skills, tools and techniques to project activities to meet project
requirements
Stakeholders
the people involved in or affected by project activities
, Stakeholders include
sponsor, manager, team, support staff, customers, users, suppliers
Project management tools and techniques
assist project managers and their teams in various aspects of project management. (Project Charter,
WBS, Gantt Chart, Diagrams)
project portfolio management
organizations group and manage projects and programs as a portfolio of investments that contribute to
the entire enterprise's success
Portfolio managers
help their organizations make wise investment decisions by helping to select and analyze projects from a
strategic perspective
project charter
a document that formally recognizes the existence of a project and provides direction on the project's
objectives and management
3 basic organization structures
Functional, Project, Matrix
Functional Structure
functional managers report to the CEO
Project Structure
program managers report to the CEO
Matrix Structure
middle ground between functional and project structures; personnel often report to two or more
bosses; structure can be weak, balanced, or strong matrix
leader
focuses on long-term goals and big-picture objectives while inspiring people to reach those goals
manager
deals with the day-to-day details of meeting specific goals
Work Breakdown Structure (WBS)
a deliverable-oriented grouping of the work involved in a project that defines the total scope of the
project. WBS provides the basis for planning and managing project schedules, costs, resources, and
changes
