Triple constraint time - Study guides, Class notes & Summaries

ITPM Chapters 1-3 Exam Questions and Answers 100% Pass Project - Correct Answer ️️ -A temporary endeavor undertaken to create a unique product, service or result. Operations - Correct Answer ️️ -Work done in organizations to sustain the business. Project Sponsor - Correct Answer ️️ -Usually provides the direction and funding for the project. Project Manager - Correct Answer ️️ -Work with the project sponsors, the project team and all other stakeholders in the project. Tr...

PMG201 Course 1 Study Guide Test. 1.True or False: A Project is defined as being unique and temporary, with an undefined start and finish. A.True B.False - CORRECT ANSWER B 2.We discussed three types of matrix organizations, they are: A.Light, Mid-strength and Strong B.Weak, Balanced and Strong C.Light, Medium and Heavy D.Weak, Medium Strength and Strong - CORRECT ANSWER B 3.In a projectized organization: A.Team members are never assigned to the project full time....

MIS 330 Questions and Answers Already Graded A Which of the following is true for the course's Technology & Business Impact Paper? Students are required to submit a 1500-word minimum draft, followed by a 3500-word minimum final submission after edits and revisions based on comments from the draft Because we are in a Management Information Systems (MIS) course, the solutions proposed for these business challenges will need to involve technology integrated into the organization's bu...

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...

IEM 3403 Exam 1 Question and answers rated A+ 2024In today's market, which of the following industries appears to have a need for project management? A. Aerospace and defense B. Construction C. Information systems D. All industries have a need for project management - correct answer D. All industries have a need for project management Which of the following is not one of the PMBOK Guide's five process groups? A. Feasibility studies B. Planning C. Execution D. Closure - correct answe...

ITPM Exam Questions with 100% Correct Answers b. 25 percent - answer1. Approximately what percentage of the world's gross domestic product is spent on projects? a. 10 percent b. 25 percent c. 50 percent d. 75 percent c. Lower cost of capital - answer2. Which of the following is not a potential advantage of using good project management? a. Shorter development times b. Higher worker morale c. Lower cost of capital d. Higher profit margins c. project - answer3. A ___ is a temporary ...

Choose any two: • Time/schedule • Cost • Quality In project management, you will read about and experience what is often referred to as the "triple constraint triangle." We introduced it in an earlier lesson in NR631. The idea is that, with any project, you can really only achieve two sides of the triangle. Share your thoughts on that concept and then share which side of the triangle poses the greatest threat of constraint for your project.

IEM 5603 Chapter 1 and 2 essay exam questions & answers 2023/2024 What is a Project? - ANSWER-Any series of activities and tasks that: a. Have a specific objective to be completed within certain specifications b. Have defined start and end dates c. Have funding limits (If applicable) d. Consume human and nonhuman resources (I.E). money, people equipment) e. Are multifunctional (I.e. cut across several functional lines) What is a Competing Constraint? - ANSWER-a. Success criteri...

process - correct answer ongoing -ex:building cars on an assemble line -designing and building a prototype of a specific car is a project project - correct answer A temporary endeavor undertaken to create a unique product, service, or result. - has a timeframe -has a budget -specific deliverables project management - correct answer The application of knowledge, skills, tool...

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...