Exam 1: An Introduction to Project, program, and Portfolio Management

Individual projects often address ____ goals,whereas project portfolio management addresses strategic goals.

The triple ____________________ placed on every project consists of scope,time,and cost goals.

The ____________________ Center,a Web site for people involved in project management,provides an alphabetical directory of more than three hundred project management software solutions (www.infogoal.com/pmc).

Project management tools and ____________________ assist project managers and their teams in carrying out work in all nine knowledge areas.

Provide a summary of the reasons that justify the study of project management.

____________________ project management software tools provide basic project management features and generally cost less than $200 per user.

____________________ are the people involved in or affected by project activities and include the project sponsor,project team,support staff,customers,users,suppliers,and even opponents to the project.

Project management ____________________ areas describe the key competencies that project managers must develop.

Project ____ may be defined as a test of whether a project has met scope,time,and cost goals.

Microsoft ____________________ is still the most widely used project management software today.

____ provide basic project management features and generally cost less than $200 per user.

Project management software tools can be divided into ____ general categories based on functionality and price.

The four ____________________ knowledge areas of project management are human resource,communications,risk,and procurement management.

Describe the role project managers play in helping projects succeed using an example of building a home.

One category of project management software is high-end tools,sometimes referred to as ____________________ project management software.

The project ____ usually provides the direction and funding for the project.

In a home construction project,the project ____ would be the potential new homeowners.

Portfolio managers help their organizations make wise investment decisions by helping to select and analyze projects from a(n)____ perspective.

Project managers and their teams must develop knowledge and skills in all ____ project management knowledge areas.

How do experienced project managers assign importance to each aspect of the triple constraint?