Exam 10: Managing Projects in a Global Ecosystem

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To maintain balance in a project with a fixed budget and a well-defined scope,a project team will require flexibility ________.

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This development methodology is more traditional and more structured than other approaches.

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An organization may convert from an old system to a new system by choosing to run both the old and new systems at the same time until the new system is fully accepted.This is known as __________.

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List some strategies a manager should consider when trying to manage a project's technical complexity.

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This plan organizes the discrete project activities and orders them along a timeline,identifying the critical beginning and ending dates as well as necessary time and resources.

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What does PMO stand for?

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Explain why in a project only two of the three project elements (cost,time and scoop) can be optimized and the third must be adjusted to maintain balance.

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This is the term used to identify a project whose scope increases after it has started.

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What are the three outside elements of the project triangle?

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To support a common language and improve communication,a project manager should develop a collection of acronyms and make frequent use of them.

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Open source software is free but often an organization will have to pay for training and technical support for the software.

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Scope may be divided into product scope and __________ scope.

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In today's hypercompetitive business environment,firms that have strong project management skills have a higher likelihood of success because they are able to:

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Identify an example of project management software and the features/functionality you would expect it to provide.

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List one example of open source software.

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The project triangle includes 3 sides - time,scope and ________.

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The maintenance and review phase is the longest phase of the software development lifecycle.

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This is a temporary endeavor undertaken to create a unique product,service or result.

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Open source software __________.

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Which one of the following is NOT one of the four essential elements of any project?

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