©GRACEAMELIA 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED
FIRST PUBLISH OCTOBER 2024
SCM 430 EXAM 1 STUDY GUIDE
SOLUTIONS
project planning - Ans:✔✔-the process to manage the work, team and any necessary actions to deliver
the project success criteria. This process should be managed in a way that optimizes cost, customer
service, inventory, and product quality while avoiding any risk to the business or its assets. A key vector
managed by the team is delivery of thee project on time.
understanding the strategy - Ans:✔✔-what does project management always start with
charter - Ans:✔✔-a formal leadership document that initiates a project (objectives, resources, time,
priority) assigns a project manager, and creates the written authority to begin work
pager - Ans:✔✔-a focused and efficient process/tool to communicate the status of your project on a
single, one page document. The status includes the key project work, team resources, business
objectives, schedule, risks, priorities and any necessary actions to deliver the project success criteria and
should be used as the teams primary communication vehicle
CPS - Ans:✔✔-a management control tool for defining, integrating and analyzing what must be done to
complete a project economically and on time.
Page 1/5
, ©GRACEAMELIA 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED
FIRST PUBLISH OCTOBER 2024
the sequence of project network activities which adds up to the longest overall duration and this
determines the shortest time possible to complete the project
continuous improvement - Ans:✔✔-cost savings/service strategy
growth - Ans:✔✔-capacity expansion strategy
innovation - Ans:✔✔-new product introduction strategy
product quality - Ans:✔✔-quality improvement strategy
innovation/service/quality/cost - Ans:✔✔-new technology strategy
-when drives significant top/bottom line
-risks customers service
-risk consumer noticeable quality defects
-risks personal safety
-consumer significant resources
-can impact another business priority project - Ans:✔✔-when do business leaders get involved in priority
projects
critical path
Page 2/5
FIRST PUBLISH OCTOBER 2024
SCM 430 EXAM 1 STUDY GUIDE
SOLUTIONS
project planning - Ans:✔✔-the process to manage the work, team and any necessary actions to deliver
the project success criteria. This process should be managed in a way that optimizes cost, customer
service, inventory, and product quality while avoiding any risk to the business or its assets. A key vector
managed by the team is delivery of thee project on time.
understanding the strategy - Ans:✔✔-what does project management always start with
charter - Ans:✔✔-a formal leadership document that initiates a project (objectives, resources, time,
priority) assigns a project manager, and creates the written authority to begin work
pager - Ans:✔✔-a focused and efficient process/tool to communicate the status of your project on a
single, one page document. The status includes the key project work, team resources, business
objectives, schedule, risks, priorities and any necessary actions to deliver the project success criteria and
should be used as the teams primary communication vehicle
CPS - Ans:✔✔-a management control tool for defining, integrating and analyzing what must be done to
complete a project economically and on time.
Page 1/5
, ©GRACEAMELIA 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED
FIRST PUBLISH OCTOBER 2024
the sequence of project network activities which adds up to the longest overall duration and this
determines the shortest time possible to complete the project
continuous improvement - Ans:✔✔-cost savings/service strategy
growth - Ans:✔✔-capacity expansion strategy
innovation - Ans:✔✔-new product introduction strategy
product quality - Ans:✔✔-quality improvement strategy
innovation/service/quality/cost - Ans:✔✔-new technology strategy
-when drives significant top/bottom line
-risks customers service
-risk consumer noticeable quality defects
-risks personal safety
-consumer significant resources
-can impact another business priority project - Ans:✔✔-when do business leaders get involved in priority
projects
critical path
Page 2/5
