Triple constraint - Study guides, Class notes & Summaries

What is a Project? correct answer: temporary endeavour undertaken to create a unique product, service, or result -can be large or small and take short or long time to complete What are operations? correct answer: work done to sustain business Difference between project and operations correct answer: projects end when their objectives have been reaches or the project has been terminated Project attributes correct answer: -unique purpose -temporary -developed using progressive elab...

APM PMQ - Planning Risk & Quality Exam 2023 Define planning: - ️️ What is to be delivered, how much it will cost, when it will be delivered, how it will be delivered and who will carry it out. What are the benefits of planning? - ️️ Disciplined approach (avoids missing things out) Anticipates problems Concentrates attention Provides a basis for monitoring and control Improves understanding - clarifies real issues Builds commitment in the team through involvement Improves confid...

1. Approximately what percentage of the world's GDP is spent on projects? Correct Answer: • 25% 2. Which of the following is not a potential advantage of using good project management? Correct Answer: • Higher worker morale 3. A ______________ is a temporary endeavor undertaken to create a unique product, service, or result. Correct Answer: • Project 4. Which of the following is not an attribute of a project? Correct Answer: • Projects involve no uncertainty 5. Which of the ...

M o n d a y , J a n u a r y 2 0 , 2 0 24 Information Technology Project Management, 7th Edition Solutions manual and test bank Kathy Schwalbe Solutions to Accompany Information Technology Project Management, Seventh Edition ISBN‐10: 1133526853 ISBN‐13: 978‐ Course Technology MIS Series Kathy Schwalbe, Ph.D., PMP Created November 27, 2012 Table of Contents CHAPTER 1 2 CHAPTER 2 4 CHAPTER 3 6 CHAPTER 4 7 CHAPTER 5 14 CHAPTER 6 20 CHAPTER 7 25 CHAPTER 8 30 CHAPTER 9 33 CHA...

What factors have the biggest impact on IT projects? : scope, time, cost Key differences between IT projects and other projects : 1) high turnover rates of IT workers 2) level of uniqueness and complexity 3) difficulty in getting accurate customer requirements 4) rate of change in requirements 5) difficulty in testing all possible state of software, 6) constant training needed to keep team members current with technology Potential advantages of using structured project management appro...

CNIT 480 Final Exam Questions and Answers Graded A Glass's "For every 25% increase in the connections of a system, there is a 100% increase in the complexity of the system." This is referred to as ___ Law. death march A ______ project is described as a project that never ends, everyone is afraid to cancel it. Matrix A ______ organizational structure combines the benefits of the functional structure and the benefits of the projects structure for an organization. Project-Based A project mana...

WGU C722 Project Management Terminology Questions and Answers 100% Pass operations - Correct Answer ️️ -the ongoing, daily activities of an organization that produces revenue and expense Pg 10 projects - Correct Answer ️️ -a temporary endeavor with a specified start and end date Pg 10 business strategy - Correct Answer ️️ -the activities, methods, tactics, etc. that will be employed to meet the business's goals Pg 12 SMEs (subject matter experts) - Correct Answer ️️ -a p...

project : a temporary endeavor undertaken to create a unique product, service, or result Operations : work done to sustain the business Projects end : when their objectives have been reached or the project has been terminated Project Attributes : unique purpose, temporary,Requires resources, Involves uncertainty project sponsor : provides the direction and funding for the project Project managers 2 | P a g e : work with project sponsors, the project team, and other people involved i...

Define planning: - What is to be delivered, how much it will cost, when it will be delivered, how it will be delivered and who will carry it out. What are the benefits of planning? - Disciplined approach (avoids missing things out) Anticipates problems Concentrates attention Provides a basis for monitoring and control Improves understanding - clarifies real issues Builds commitment in the team through involvement Improves confidence Establishes achievable targets and milestones Ident...

ITPM Exam Questions and Answers 100% Pass scope, time, cost - Correct Answer ️️ -What factors have the biggest impact on IT projects? 1) high turnover rates of IT workers 2) level of uniqueness and complexity 3) difficulty in getting accurate customer requirements 4) rate of change in requirements 5) difficulty in testing all possible state of software, 6) constant training needed to keep team members current with technology - Correct Answer ️️ -Key differences between IT projec...