Project management QUESTIONS AND ANSWERS| GRADED A
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Project management
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Project Management
Project management
Managing stakeholders expectations Correct Answer: Managing stakeholders expectations involves satisfying the needs of the stakeholders, communicating, resolving issues, improving project performance, and managing concerns. Communications planning stakeholders is where you de...
project management questions and answers| graded a
managing stakeholders expectations
communications planning stakeholders
the various objectives of a transition plan are as follows
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Project management
Managing stakeholders expectations Correct Answer: Managing stakeholders
expectations involves satisfying the needs of the stakeholders, communicating,
resolving issues, improving project performance, and managing concerns.
Communications planning stakeholders is where you develop the plan for
communicating to stakeholders throughout the project. Developing the stakeholder
team isn't an actual activity but you are responsible for developing project teams
and this is where team-building and conflict-resolution techniques are used, and
distributing information is where the communication plan is put into action.
Communications planning stakeholders Correct Answer: is where you develop the
plan for communicating to stakeholders throughout the project.
The various objectives of a transition plan are as follows: Correct Answer:
Transition dates: There should be a defined date for the deliverables to be
transferred to the organization; an account of the conditions for the deliverables to
be moved from the management of the project to the management of operations.
Ownership: When a project is completed and a set of deliverables have been
created, someone must now be responsible for the management of deliverables.
The transition plan describes the ownership of project deliverables and makes a
person responsible for the maintenance and upkeep on the deliverables.
Training: The project team should train the recipients of the deliverables and
define how to use and maintain the deliverables. This can be made through training
manuals, train-the-trainer sessions, hands on exercises, or a combination of
knowledge transfer events.
Extended support: There should be some extended support depending upon the
type of project and the deliverable. The extended support entails the project team
and the operation team to work together as the new technology is applied so that
the operational team can learn from the project team about the project deliverables
and implementation.
Warranties: There must be some warranty information about the project
deliverables if the project was completed by a vendor for a client. The warranty
must be detailed in the project contract and talked about during the operation
transfer.
risk management plan Correct Answer: A risk management plan is a document
arranged by a project manager to estimate the effectiveness of the project, predict
,risks, and build response plans to mitigate them. It also consists of the risk
assessment matrix.
Risks are built-in with any project, and project managers evaluate risks repeatedly
and build plans to address them. The risk management plan consists of analysis of
possible risks with both high and low impacts, and the mitigation strategies to
facilitate the project and avoid being derailed through which the common problems
arise. Risk management plans should be timely reviewed by the project team in
order to avoid having the analysis become stale and not reflective of actual
potential project risks. Most critically, risk management plans include a risk
strategy for project execution.
security management plan Correct Answer: is a documented set of policies and
procedures. It ensures the security of an organization's operations and assets. It
comprises guidelines on the procedures to minimize the perceived risks to an
acceptable level. The security management plan also provides appropriate response
measures for disasters. The main objective of the security management plan is the
establishment of a secured organizational environment by reducing the risks.
communication management plan Correct Answer: is a document that contains
information that is required by the stakeholders. It also documents when and how
the information should be distributed. It describes the information delivery needs,
its format and level of detail. The communication management plan is contained in
or is a subsidiary of the project management plan.
areas a project manager should focus on when discussing performance with a team
member Correct Answer: Specify performance expectations.
Identify inadequate performance behaviors.
Reward superior performance.
Reprimand inadequate performance.
Provide specific consequences for choices made.
kick off meeting documents Correct Answer: The documents reviewed during a
project kickoff meeting are as follows:
Project charter
Project scope
Project budget
The project kick-off meeting should be held after the project charter is signed and
ideally before the project scope statement is written.
, The project kick-off meeting is held at the beginning of the Executing process
group and serves the following activities:
Introduces team members
Communicates the goals and objectives of the project
Communicates stakeholder expectations
Reviews roles and responsibilities for team members
scope baseline Correct Answer: Scope baseline is one of the outputs of the Create
Work Breakdown Structure (WBS) process.
project charter and project scope Correct Answer: Project charter is one of the
inputs of the Identify Stakeholders process. Project scope statement is one of the
outputs of the Define Scope process.
AC, PV, EV, BAC Correct Answer: AC represents the actual costs expended
during a given time period for the completed work. PV is the planned value, EV is
the earned value, and BAC is the budget at completion.
information distribution Correct Answer: The information distribution process
provides the stakeholders with information regarding the project in a timely
manner via status reports, project meetings, review meetings, emails etc.
communication planning Correct Answer: Communication planning defines the
type of information, frequency, format, and method of distribution the project
stakeholders require during the course of the project.
Performance report Correct Answer: A performance report is made by the project
team detailing activities, milestones, problems, accomplishments, and identified
issues. Performance reports are used to report some key information as follows:
Current status
Scheduled activities
Significant accomplishment for the period
Forecasts
Issues
project charter Correct Answer: The project charter is the document that formally
authorizes a project. The project charter provides the project manager with the
authority to apply organizational resources to project activities. A project charter is
issued by the project sponsor.
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