Project Management

- Provide or obtain financial resources
- Authorize assignment of human resources to the project
- Assign the project manager and state their level of authority
- Serve as final decision maker for all project issues
- Negotiate support from key stakeholders
- Monitor delivery of major milestones
- Run interference and remove roadblocks
- Provide political coaching to the project manager

The business case documents what?

-the reasons for the project (justification)

-justification for the project, and how it fits in with
the company objectives.

-how it aligns to the strategic goals of an organization

-the business need or opportunity that brought about the project

-high-level details regarding estimated budgets and timelines for completing the project.

In which of the following process groups is the dashboard information document produced?

Executing

Activities involved in the planning process

Develop a project schedule.
Create a work breakdown structure.
Determine resources.
Identify and plan for detailed risks.
Determine project requirements.
Write a communication plan.
Develop a procurement plan if utilizing resources outside an organization.
Develop a change management plan.
Define the project budget.

A matrix organization is characterized by

- Weak to strong project manager authority
- A mix of full time and part time project resources
- Better inter-departmental communication

What is included in the project scope document

- Key Deliverables
- Acceptance Criteria
- Key Performance indicators
- Exclusions
- Assumptions
- Constraints

Activities In the Initiating process

- Create the project charter.
- Create a business case and justification.
- Define a high-level scope definition.
- Identify high-level risks.

What are the key elements of a project charter

Project goals and objectives
Project description
Problem statement
Key project deliverables
High-level milestones
High-level cost estimates
Stakeholder identification
High-level assumptions
High-level constraints
High-level risks
General project approach
Name of the project manager and their authority level
Name of the sponsor

PMBOK Guide knowledge areas

-Scope, Time, Cost
-Quality
-Human Resources
-Communications
-Risk
-Procurement
-Integration

Which of the following will have the largest affect when there is an increase in the project scope, but the project schedule remains the same?

Project cost and quality

Scope baseline consists of What?

Scope management plan, scope statement, and the WBS

Requirements document includes

Business need for the project and why it was undertaken
Project objectives
Project deliverables

elements that should be listed in WBS dictionary

Code of accounts identifier
Description of the work of the component
Organization responsible for completing the component
Resources
Cost estimates
Criteria for acceptance

What are the steps required in constructing a project schedule

Determine tasks.
Sequence tasks.
Allocate resources.
Determine task durations including start and end dates.
Determine milestones.
Construct the schedule.
Determine the critical path.
Set the baseline and obtain approval.
Set quality gates.
Establish the governance process.

What is RACI

(responsible, accountable, consulted, informed) is a matrix-based chart that shows the resource role and responsibility level for the work product.

Project Management

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