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Project Management Professional

(P M P). Project Management Professional. Review Cards. The Question. What is the definition of a project?. A project is a temporary endeavor undertaken to create a unique product, service, or result. Temporary Unique Progressively elaborated. The Answer. The Question.

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Project Management Professional

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  1. (P M P) Project Management Professional Review Cards

  2. The Question What is the definition of a project?

  3. A project is a temporary endeavor undertaken to create a unique product, service, or result. Temporary Unique Progressively elaborated The Answer

  4. The Question what is the definition of a Program?

  5. The Answer A program is defined as a group of related projects managed in a coordinated way to obtain benefits and control not available from managing them individually.

  6. The Question What is a product life cycle?

  7. The Answer The cycle of a product's life from conception to withdrawal

  8. The Question What is a project life cycle?

  9. The Answer • The Phases of a Project’s life from conception • to withdrawal

  10. The Question What is the project management process?

  11. The Answer • Initiating • Planning • Executing • Monitoring and Controlling • Closing

  12. The Question What is a project management office?

  13. The Answer A project management office (PMO) is an organizational unit to centralize and coordinate the management of projects under its domain.

  14. The Question What is Portfolio Management?

  15. The Answer A portfolio refers to a collection of projects or programs and other work that are grouped together to facilitate effective management of that work to meet strategic business objectives.

  16. The Question What are the components of the "triple constraint"?

  17. The Answer • Cost • Time • Scope

  18. The Question What is Project management ?

  19. The Answer Project management is the application of knowledge, skills, tools and techniques to project activities to meet project requirements .

  20. The Question Who are stakeholders?

  21. The Answer Anyone whose interests may be positively or negatively impacted by the project, including: • Project manager • Customer • Sponsor • Performing organization • Team • Funding sources • End user • Society • PMO

  22. The Question What should we do with stakeholders?

  23. The Answer • Identify all stakeholders • Determine all of their requirements • Determine all of their expectations • Communicate with them • Manage their influence

  24. The Question What are three primary forms of organization?

  25. The Answer • Functional • Projectized • Matrix

  26. The Question What is a functional organization?

  27. The Answer The company is grouped by areas of specialization (accounting, marketing)

  28. The Question What is a projectized organization?

  29. The Answer The company is grouped by project. The team has no department to go to at project end. The project manager has total control of the resources.

  30. The Question What is a matrix organization?

  31. The Answer A blend of functional and projectized organization where the team members have two bosses

  32. The Question What is a strong matrix organization?

  33. The Answer A matrix organization where the balance of power rests with the project manager instead of the functional manager

  34. The Question What is a weak matrix organization?

  35. The Answer A weak matrix organization where the balance of power rests with the functional manager instead of the project manager. Project management roles include: • Project expediter • Project coordinator

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