Exam 1: Project Management Terminology and Concepts

Number of interrelated activities can be organized in different ways are called ______.

_______ is a collection of projects that all contribute to the same overall organizational goals.

The relationship between program design and program specification can be portrayed in _________.

The products handed over to the clients at the end of projects are called as _____________.

_________ standards should be in place to ensure that changes to requirements are implemented in a safe and orderly way.

Projects are __________ by definition and therefore more uncertain than normal undertakings.

The costs that include the salaries and other employment costs of the staff involved in the project development and all associated costs are called____________.

Project planning is an _________ process.

The first phase of waterfall model is ____________.

The organization as part of its monitoring and control policy may have a ________in place which dictates that certain statistics have to be collected at various stages of aproject.

The alternate name for Waterfall model is _________.

The standard way of evaluating the economic benefits of any projects is to carry out a ________ analysis.

The calculation of __________ is a project evaluation technique that takes into account the profitability of a project and the timing of cash flows that are produced.

Longer term benefits that are considered very difficult to quantify are called _______ .

____________ will indicate when expenditure and income will take place.

________ is called as a planned activity.

In product-driven projects, the objectives of the project are defined in terms of ___________.

_________ time is the time between start and end of a task.

__________ is record of how much the organization is willing to spend on the system.

------------- project interfaces with the organization.