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Project Management Chapter 1 Review Questions

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Chapter 1: Review Questions 1. What is a project?
It is a temporary effort intended to create a unique product, service, or result.

2. What is project management?
It is the application of knowledge, skills, tools, and techniques to project activities to meet project requirements.

3. How are projects different from ongoing operations?
Projects are temporary and unique while operations are continuous. Operations are an ongoing process to ensure that an organization continues to work effectively. For instance, operation managers can often use checklists to guide much of their work, but project managers rarely have checklists that identify all of the activities they need to accomplish.

4. What types of constraints are common to most projects?
Time and budget constraints are common to most projects for clients, and the amount of resources available and the decision maker’s risk tolerance are constraints from an internal point of view.

5. Which deliverable authorizes the project team to move from Selecting and Initiating to Planning?

The approval of a charter

6. At what stage of a project life cycle are the majority of the “hands-on” tasks completed?
At the execution stage

7. During which state of the project life cycle are loose ends tied up?
During the Closing stage

8. What are the five process groups of project management?
Initiating, planning, executing, monitoring and controlling, and closing

9. Which process group defines a new project or phase by obtaining authorizations?
Initiating

10. What are the 10 project management knowledge areas? * * Integration management * Scope management * time management * cost management * quality management * Human resources mgmt. * communication management * risk management * procurement management * stakeholder

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