Supply chain; Project Management

Project A series of related jobs usually directed toward some major output and requiring a significant period of time to perform What is a project • Unique item – often a single unit. • Often Read more…

Project Management- Chapter 6

What do the Project Time Management processes ensure? The timely completion of a project. What are 2 methods for schedule compression Crashing: Adding resources to critical path activities Fast tracking: Applying a lead to activities Read more…

Project Management Exam 2 Terms

Avoiding risk Elimination of the risk cause before the project begins. Budget reserve Reserve setup to cover identified risks that may occur and influence baseline tasks or costs. These reserves are typically controlled by the Read more…

Project Management CAPM/PMP CH8-13

You are the project manager for the BBB Project. Stacy, a project team member, is confused about what QA is. Which of the following best describes QA? QA is concerned with overall project quality performance. Read more…

Project Management: Chapter 1

1 a Project is a one-off, temporary activity with a clear start and a clear end (though some projects never seem to end); it has Full or Part-time Resources clearly assigned to it 2 a Read more…

Project Management CQ

What are five attributes of construction projects that require project management techniques? -unique assembly with specific parameters – completed within a finite duration – located geographically away from the company – separate management of each Read more…

Project Management Professional

Adaptive Life Cycle This is a project life cycle that anticipates many changes to the project scope and demands highly involved stakeholders. Also known as the agile project management methodology. Balanced Matrix Structure An organization Read more…

PROJECT MANAGEMENT KEY TERMS

balanced matrix a matrix structure in which the project manager and functional managers share roughly equal authority over the project. The project manager decides what needs to be done; functional managers are concerned with how Read more…

Project Management Ch. 1-3

project is a temporary endeavor undertaken to create a unique product, service or result. stakeholders are persons or organizations that are actively involved in the project, or whose interests may be positively or negatively affected Read more…

Project Management: Unit 3

A small group of people with a combination of expertise or skills critical to the project is called the Core project team. What is a work breakdown structure (WBS)? A WBS is a hierarchal structured Read more…

Project Management Exam 1

A professional organization for project management specialists is the A. PMI B. AMA C. MIS D. IPM E. PMBOK A Which of the following is NOT considered to be characteristic of a project? A. An Read more…

WGU Project Management

A Guide to Project Management Body of Knowledge (PMBOK Guide) The project management standard developed by the Project Management Institute. Benefit measurement methods A type of decision model that compares the benefits obtained from a Read more…

Project Management Methods

Traditional Project Management Methods best practices include Below can be used in a project: PERT CPM Critical Chain Waterfall PRINCE2 PMBOK – is not a method for a PM, but is an official STANDARD for Read more…

Project Management Chapter 1

Project a temporary endeavor undertaken to create a unique product, service, or result” Name 5 Project Attributes o Has a unique purpose o Is temporary o Is developed using progressive elaboration o Requires resources, often Read more…

Project Management WGU Pre – Answers

A firm begins its strategic business initiative of developing a new business model that will allow the firm to deliver an efficient, tailored service to its customers. To accomplish this, the firm initiates a business Read more…

Project Management Overview

Define Activities A planning process in the Time Management Knowledge Area Develop Project Charter An Initiating process in the integration Management Knowledge Area Perform Quality Assurance An Executing process in the Quality Management Knowledge Area Read more…

RAT Project Management

Define project. Series of activities/tasks – temporary endeavor undertaken to create unique product or service – usually a one-time activity with a well defined set of desired results What are six elements of a project? Read more…

project management fill in the blank

Good ____________________ management is critical to providing stakeholder satisfaction. project integration ____________________ involves identifying and managing the points of interaction between various elements of the project. Interface management Project initiation starts with identifying potential projects, Read more…

Project Management Process Groups

Project management processes -Controlling the project schedule -Planning communications with stakeholders -Awarding a tender to the engineering company that will design and build the ride Product-oriented processes -Installing the fencing and signage for the ride Read more…

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