Project management relies on processes to plan and execute workTrue False
True
Project mannagement involves tradeoffs between scope and qualityTrue False
True.
Projects are considered successful when if the members of the team develop new skills during execution of project.True False
true
projecs are considered successful if there are lessons learnedTrue False
true
projects are considered successful if organization reaps benefitsTrue False
true
dedicating team time to assess risk can lead t failureTrue False
false
using funds for parts can cause project to failTrue False
false
failing to adequately plan can lead a project to failureTrue False
true
conducting a project audit can help project become successfulTrue False
true
having unclear expectations can lead to failureTrue False
true
having scope of activities change can lead to failureTrue False
true
underscoping time and leveling resources incorrectly can lead to failureTrue False
true
scope manangement
process of determining whats necessary for project completion
project manager
responcible for accomplishing goals of project
senior stakeholder
responcible for ensuring that the customer needs are met and prioratized
Procurment management
Responcible for accepting contracts, bids, suppliers, mergers, acquisitions and so on...
portfolio management
managing several programs | managing sure projects are executed in line with goals of organization. | Helps eliminate inconsistencies
Where do projects come from?
Internal & external ideas | Needs | Deficiencies | Innovations | learned information
scoring model
different ways of determining which similar projects are worth while
EX: Strategic fit - has a level 2 importance | Risk has a level -6 importance | Market potential has a level 5 importance | Probablitily of success has a level 5 of importance
Project one scores : 7,4,3,6Project two scores : 14,24,15,30
biggest number wins!
Project Charter
Same as Project inititaion document