Exam 2: Project Methodologies and Processes

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Describe the PMBOK area of project time management.

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The Project Management Body of Knowledge (PMBOK) area called project time management focuses on the processes necessary to develop the project schedule and to ensure that the project is completed on time. As defined in the PMBOK, project time management includes:
-Define Activities-identifying what activities must be completed in order to produce the project scope deliverables.
-Sequence Activities-determining whether activities can be completed sequentially or in parallel and any dependencies that may exist among them.
-Estimate Activity Resources - identifying the type of resources (people, technology, facilities, etc.) and the quantity of resources needed to carry out project activities.
-Estimate Activity Durations-estimating the time to complete each activity.
-Develop Schedule -based upon the availability of resources, the activities, their sequence, and time estimates, a schedule for the entire budget can be developed.
-Control Schedule -ensuring that proper processes and procedures are in.

PMBOK views project integration management as one of the most important because it coordinates the other nine knowledge areas.

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Under PRINCE2, any proposed changes to the project that the user wants should be approved and included.

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A methodology provides a systematic way to plan, manage, and execute projects.

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What is a stakeholder?

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A project's scope is primarily a list of resources available to the project team.

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Describe the five project management process groups.

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The Project Management Body of Knowledge

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The four phases of a learning cycle include: Understand and frame the problem, plan, act, reflect and learn.

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Describe the phases of the project life cycle.

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The following are components of the Agile Manifesto except:

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Executing processes:

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The Project Management Body of Knowledge (PMBOK) and PRojects IN Controlled Environments (PRINCE2) are two popular and widely used project management methodologies.

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Planning processes:

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Contract closure ensures that all of the deliverables and agreed upon terms of the project have been completed and delivered.

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What purpose does creating a lessons learned at the end of a learning cycle provide?

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Although projects follow a project life cycle, the development of new products, services, or information systems follow a product life cycle.

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The PMBOK area called project time management includes all of the following except:

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Closing processes:

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Planning, executing, and monitoring and controlling are examples of:

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