project management exam 1/COMPLETE SOLUTION

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project - ANS-a temporary endeavor undertaken to create a unique product, service, or result Operations - ANS-work done to sustain the business project sponsor - ANS-usually provides the direct... ion and funding for the project project manager - ANS-works with project sponsors, project team, and other people involved in a project to meet project goals program - ANS-group of related projects managed in a coordinated way to obtain benefits and control not available from managing them individually program managers - ANS-provides leadership and direction for the project managers heading the projects within the program Project management - ANS-the application of knowledge, skills, tools and techniques to project activities to meet project requirements triple constraint - ANS-project scope, time, and cost goals stakeholders - ANS-are the people involved in or affected by project activities Knowledge areas - ANS-they describe the key competencies that project managers must develop 10 knowledge areas - ANS-project integration, scope, time, cost, quality, human resource, communications, risk, procurement, and stakeholder management Project management tools and techniques - ANS-assist project managers and their teams in various aspects of projects management, examples are: ◦ Project charter, scope statement, and WBS (scope) ◦ Gantt charts, network diagrams, critical path analysis, critical chain scheduling (time) ◦ Cost estimates and earned value management (cost) Super tools - ANS-tools that have high use and high potential for improving project success, such as: ◦ Software for task scheduling (such as project management software) ◦ Scope statements ◦ Requirements analyses [Show More]

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