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Approximately what percentage of the world’s gross product is spent on projects? a. 10 percent b. 25 percent c. 50 percent d. 75 percent |
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Which of the following is not a potential advantage of using good project management? a. Shorter development times b. Higher worker morale c. Lower cost of capital d. Higher profit margins |
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A _______ is a temporary endeavor undertaken to create a unique product, service, or result. a. program b. process c. project d. portfolio |
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Which of the following is not an attribute of a project? a. projects are unique b. projects are developed using progressive elaboration c. projects have a primary customer or sponsor d. projects involve little uncertainty |
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d. projects involve little uncertainty |
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Which of the following is not part of the triple constraint of project management? a. meeting scope goals b. meeting time goals c. meeting communications goals d. meeting cost goals |
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c. meeting communications goals |
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_______ is the application of knowledge, skills, tools, and techniques to project activities to meet project requirements. a. Project management b. Program management c. Project portfolio management d. Requirements management |
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Project portfolio management addresses ______ goals of an organization, while project management addresses ______ goals. a. strategic, tactical b. tactical, strategic c. internal, external d. external, internal |
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Several application development projects done for the same functional group might best be managed as part of a _____. |
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Which of the following is not true? a. Most American companies have a project management office. b. You can earn an advanced degree in project management from hundreds of colleges and universities. c. Employers are looking for project management skills in new graduates. d. IT hiring managers reported that project management certification did not affect starting pay. |
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d. IT hiring managers reported that project management certification did not affect starting pay. |
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What is the name of one of the popular certifications provided by the Project Management Institute? a. Certified Project Manager (CPM) b. Project Management Professional (PMP) c. Project Management Expert (PME) d. Project Management Mentor (PMM) |
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b. Project Management Professional (PMP) |
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An optimal way recognized by industry to achieve a stated goal or objective |
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The longest path through a network diagram that determines the earliest completion of a project |
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Enterprise Project Management Software |
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Software that integrates information from multiple projects to show the status of active, approved, and future projects across an entire organization; also called portfolio project management software |
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A set of principles that guides decision making based on personal values of what is considered right and wrong |
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A standard format for displaying project schedule information by listing project activities and their corresponding start and finish dates in calendar form |
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A person who focuses on long-term goals and big-picture objectives while inspiring people to reach those goals |
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A person who deals with the day-to-day details of meeting specific goals |
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portfolio project management software |
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Software that integrates information from multiple projects to show the status of active, approved, and future projects across an entire organization; also called enterprise project management software |
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A group of projects managed in a coordinated way to obtain benefits and control that are not available from managing projects individually |
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A person who provides leadership and direction for the project managers heading the projects within a program |
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A temporary endeavor undertaken to create a unique product, service, or result |
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The application of knowledge, skills, tools, and techniques to project activities to meet project requirements |
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Project Management Institute (PMI) |
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An international professional society for project managers |
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project management knowledge areas |
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Project integration management, scope, time, cost, quality, human resource, communications, risk, procurement, and stakeholder management |
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Project Management Office (PMO) |
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An organizational group responsible for coordinating the project management functions throughout an organization |
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Project Management Professional (PMP) |
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Certification provided by PMI that requires documenting project experience and education, agreeing to follow the PMI code of ethics, and passing a comprehensive exam |
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project management tools and techniques |
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Methods available to assist project managers and their teams; some popular time-management tools include Gantt charts, network diagrams, and critical path analysis |
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The person responsible for working with the project sponsor, the project team, and the other people involved to meet project goals |
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project portfolio management or portfolio management |
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When organizations group and manage projects as a portfolio of investments that contribute to the entire enterprise’s success |
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The person who provides the direction and funding for a project |
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People involved in or affected by project activities |
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Balancing scope, time, and cost goals |
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