Project Management Framework
Über den Vortrag
Der Vortrag „Project Management Framework“ von Grey Campus ist Bestandteil des Kurses „Project Management Professional“. Der Vortrag ist dabei in folgende Kapitel unterteilt:
- Section Overview and Objectives
- Project Vs Operation
- Project Selection Method
- General Management and Interpersonal Skills
- Initiating Process Group
Quiz zum Vortrag
What is a temporary endeavor undertaken to create a unique product or service?
- Project
- Project management
- PMO
- Phase
What does Progressively elaborated means?
- proceeding in steps
- Starting a project aggressively
- Being proactive and communicating with the stakeholders
- Doing tasks in parallel
All of the following are examples of projects EXCEPT _____.
- A production line for new shirts
- Putting in an in-ground pool
- Creating a course for a college
- Doing tasks in parallel
Ongoing, repetitive, and its objective it to sustain business describes an _____.
- Operation
- Project
- Phase
- Activity
What is the application of knowledge, skills, tools and techniques to project activities to meet the project requirements?
- Project Management
- A project or phase
- Management skills set
- PMO
Project management involves balancing the competing demands of scope, time, cost and _____.
- Quality
- Budget
- Triple Constraint
- Resources
Sometimes project management involves managing _____ events.
- Uncertain
- Occasional
- Certain
- Phase
All of the following are examples of enterprise environmental factors EXCEPT _____.
- Lessons learned document
- Culture
- Industry Standards
- Infrastructure
Phase end reviews are also known as all of the following EXCEPT _____.
- Closing
- Kill points
- Phase exit
- Stage gate
Which project phase relationship has only one phase that is planned out at any given time and the planning for the next phase is carried out as work progresses on the current phase?
- Iterative
- Sequential
- Overlapping
- Closing phase
All of the following describe stakeholders EXCEPT _____.
- Those who are not directly or indirectly impacted.
- Those who may have a positive or negative influence on the outcome.
- Individuals and organizations involved in the project.
- Individuals who should be identified throughout the project.
Which of the following is NOT a reason to do a project?
- Because we need to have at minimum of 5 projects per year.
- Strategic opportunity
- Technological advance
- Legal requirement
Which of the following is NOT a cooperative approach project selection method?
- Rock Paper Scissors
- Murder boards
- Peer reviews
- Scoring models
Which of the following compares the project benefit to the costs to derive a ratio from which a decision can be made?
- Benefit-Cost Analysis
- Payback Period
- Internal rate of return
- Net Present Value
Which of the following calculates in today’s (discounted) terms what the value of a project would be given cash inflows and/or outflows over a period of time?
- Discounted cash flows
- Net present value
- Internal rate of return
- Payback period
Current assets minus current liabilities gives you the ________ of the project.
- Working capital
- Budget
- Payback
- Cost analysis
The opportunity given up by choosing another project is called ______.
- Opportunity costs
- Benefit-Cost analysis
- Payback
- Financial gain
Which of the following is NOT a project manager skill set you should have?
- Spreadsheet knowledge
- Personal skills
- Performance
- Knowledge of company
Leadership, motivating and influencing are ______ skills a project manager should have.
- General management and interpersonal
- Required
- Learned
- Project Management
A collection of related projects is known as a ______.
- Program
- Portfolio
- Projects
- PMO
Which of the following is NOT a function of the PMO?
- Micro-managing
- Manage shared resources
- Maintain project management best practices and standards
- Coaching, mentoring, training, oversight, and monitoring
Which of the following is not an example of an organizational type?
- Intermediate matrix
- Functional
- Weak Matrix
- Projectized
What is the first Knowledge area, according to the PMBOK?
- Project Integration Management
- Initiating
- Project Quality Management
- Project Planning
The ______ process groups overlap with the other process groups and occur throughout the project life cycle.
- Monitoring and Controlling
- Controlling and Closing
- Initiating and Planning
- Planning and Executing
Respecting other's culture is an example of ______.
- Professional responsibility and Ethics
- A process group
- A Knowledge area
- None of the above
Dozent des Vortrages Project Management Framework
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Auszüge aus dem Begleitmaterial
... Management and Interpersonal Skills Projects versus Operations Program and Portfolio Management. What is Project Management? Project Management Office (PMO) Enterprise Environmental ...
... definite beginning and end. - Unique means that the product or service or result is different ...
... Unique Closes after attaining the objectives. Prototyping the ...
... of PM processes, - Initiating, Planning, Executing, Monitoring and Controlling and Closing. Establishing clear project objectives and requirements ...
... external factors that may influence the project’s ...
... reviews are also called phase exits, stage gates or kill points. Rolling wave planning summarizes the future ...
... previous phase has completed. - Overlapping: a phase starts prior to the completion of the previous phase. ...
... influence on the outcome. Stakeholder influence goes down as the project progresses. Key stakeholders include: Project Manager, Customer ...
... Do a Project? - Market Demand, - Strategic opportunity ...
... - Murder Boards (panel that tries to poke holes in your argument), - Economic models, - Benefit-Cost Analysis, - Payback ...
... decision can be made. Ex: if a project generates $125,000 in profits and costs $50,000, the benefit-cost ratio would be 2.5 (also written as ...
... Always choose projects with the biggest positive NPV, reject negative NPV, - Internal Rate of Return (IRR), - The discounted interest rate when ...
... investment is 10%. Should you do the project? - Benefit-Cost Ratio - (5 x $2,500) / $10,000 = 1.25 or 5:4 - Payback Period - $10,000 / $2,500 = 4 years - Net Present Value ...
... balance and sum of years digits - Assumptions: something that is believed to be true or something that is taken for granted. Needs to be continually evaluated throughout the project - Constraints: ...
... in a coordinated way. Collective benefits are realized. Each project has a project manager. Projects share resources and depends on the ...
... resources - Maintain project management best practices and standards - Policies, procedures, templates, etc. ...
... decisions PM and the Functional Manager will have equal power. Project Manager Resources. From within a Dept. Project members are from different departments. Project based only Resource Allocation As needed. Only 25% will be assigned to the projects About 50% will be assigned ...
... one supervisor and clearly defined career paths. No career path in Project Management. Easier management specialists. People place more emphasis on their functional specialty to the determent of the project. Projectized Efficient project organization. No “Home” when project is ...
... of action to achieve objectives. Executing process group uses the resources to carry out project tasks. Monitoring process group measures progress to identify ...
... Quality Management, Plan Quality Management, Perform Quality Assurance, Control Quality Human Resource Management, Plan Human Resource Management, Acquire Project Team, Develop Project Team, Manage Project Team, Communication Management, Plan Communication Management, Manage Communications, Control Communications Risk Management, Plan Risk Management, Identify Risks, Perform Qualitative Risk Analysis ...
... needs and the project scope. Know the project boundaries and constraints. Identify high level risks. Understand ...
... Define how project staffing will be done. Establish the communication requirements and how it will be fulfilled. Identify what can go wrong and the plans to deal with them. Document ...
... project resources. Complete work packages. Document lessons learnt. Implement approved changes, corrective and preventive actions. Ensure processes ...
... Manages changes to scope, time and cost. Perform impact analysis to approve or reject changes. Obtain formal acceptance of deliverables from the ...
... met. Obtain formal acceptance of product from the customer. Hand over the ...
... and Professional Conduct. The responsibilities includes: - Doing the right things, - Making good ...
... Scope Management - Project Time Management - Project Cost Management - Project ...
... Influences, The Triple Constraints, Organizational Types Characters of a Project Phase, Project Management Process Groups, Who are the Stakeholders, Process Group ...
