Exam 3: The Project Management Framework

A ________ is a set of assumptions, concepts, values, and practices that constitute a way of viewing reality.

The project management framework is structured around five process groups which are made up of component processes consisting of tools, ________, and outcomes organized within nine knowledge areas.

The project management framework consists of nine knowledge areas presented on the horizontal axis and five process groups organized across the top on the vertical axis.

The knowledge area of Time Management consists of one controlling process, and that is:

Process groups supply us with a(n) ________ to follow.

Information ________ is a process that involves making needed information available to project stakeholders in a timely manner.

The PMBOK establishes a common ________ to allow researchers and practitioners to communicate across departments, organizations, industries, and countries.

Lessons learned is documentation of anything done to bring expected future project performance in line with the project plan.

The Initiating process authorizes the beginning or ending of a project or phase.

The planning processes of Project Cost Management are estimate schedule and determine budget.

The Executing processes coordinate all ________ during the implementation of the project plan.

Configuration control is the process for controlling and tracking changes.

A process group is a collection that consists of one or more component processes.

In an iterative project, each ________ consists of all five process groups interacting over time.

________ Management describes the processes and methods required to create and manage the project budget.

The process groups are linked to each other by the ________ they produce.

The Planning processes ensure that the ________ of the project are achieved in the most appropriate way.

Monitoring and controlling risks is a ________ that involves monitoring residual risks, identifying new risks, executing risk reduction plans, and evaluating their effectiveness throughout the project life cycle.

Project Quality Management has only one planning process: quality planning.

Defining activities is a planning process of Scope Management.