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OMIS 635 Test 1 Question and answers already passed OMIS 635 Test 1 What is a project? - correct answer a temporary endeavor undertaken to create a unique product, service, or result What are the main characteristics of a project? - correct answer -established objective -defined life ...

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  • November 6, 2024
  • 29
  • 2024/2025
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  • Questions & answers

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OMIS 635 Test 1
What is a project? - correct answer ✔a temporary endeavor undertaken to
create a unique product, service, or result


What are the main characteristics of a project? - correct answer ✔-
established objective
-defined life span with a beginning and end
-requires across-the-organization participation
-doing something never done before
-specific time, cost, and performance requirements


What is a program? - correct answer ✔A group of related projects designed
to accomplish a common goal over an extended period of time


What is program management? - correct answer ✔A process of managing a
group of ongoing, interdependent, related projects in a coordinated way to
achieve strategic objectives


What are the phases of the project life cycle? - correct answer ✔-Defining
-Planning
-Executing
-Closing


What is the Defining stage? - correct answer ✔Specification of the project
are defined; project objectives are established; teams are formed; major
responsibilities are assigned

,What is the Planning stage? - correct answer ✔The level of effort increases,
and plans are developed to determine what the project will entail, when it will
be scheduled, whom it will benefit, what quality level should be maintained,
and what the budget will be


What is the Executing stage? - correct answer ✔A major portion of the
project work takes places- both physical and mental. The physical product is
produced. Time, cost, and specification measures are used for control.


What is the Closing stage? - correct answer ✔Closing includes three
activities: delivering the project product to the customer, redeploying project
resources, and post-project review


What is a project manager? - correct answer ✔-manage temporary, non-
repetitive activities and frequently acts independently of the formal
organization
-marshals resources for the project
-is linked directly to the customer interface
-provides direction, coordination, and integration to the project team
-responsible for performance and success of the project
-induce the right people at the right time to address the right issues and make
the right decisions


What factors are driving project management? - correct answer ✔-
compression of the product life cycle
-knowledge explosion
-triple bottom line (people, planet, profit)
-increased customer focus
-small projects present big problems

, What does the integrating of project management provide senior
management? - correct answer ✔-overview of all project management
activities
-big picture of how organizational resources are used
-risk assessment of their portfolio of projects
-rough metric of the firm's improvement in managing projects relative to others
in the industry
-linkages of senior management with actual project execution management


What are some problems that occur from uncoordinated project management
systems? - correct answer ✔-projects that do not support the organization's
overall strategic plan and goals
-independent managerial decisions that create internal imbalances, conflicts
and confusion resulting in dissatisfied customers
-failure to prioritize projects results in the waste of resources on non-value-
added activities/projects


What is the socio-technical approach? - correct answer ✔-combines the
technical and sociocultural dimensions
-Technical dimension: formal, disciplined, purely logical parts of the process
(planning, scheduling, controlling projects
-Sociocultural dimension: centers on creating a temp social system within a
larger org. environment that combines the talents of a divergent set of
professionals working to complete the project


What is Project Management Professional (PMP)? - correct answer
✔Someone who has documented sufficient project experience, agreed to
follow the PMI code of professional conduct, and demonstrated mastery of the
field of project management by passing a comprehensive exam

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