Package deal
MAN 4583 Q&A Exam Bundle
Don’t wait - enhance your MAN 4583 preparation today!
[Show more]Don’t wait - enhance your MAN 4583 preparation today!
[Show more]A You are in the process of creating cost estimates for your project activities. You start with a document that details all the activities that will be performed in the project, and you begin to estimate the cost of each of the activities listed. What is this document? 
A. Work Breakdown Structure B...
Preview 2 out of 14 pages
Add to cartA You are in the process of creating cost estimates for your project activities. You start with a document that details all the activities that will be performed in the project, and you begin to estimate the cost of each of the activities listed. What is this document? 
A. Work Breakdown Structure B...
You are holding a document that analyzes and identifies risks on your project, categorizes them, and provides a scale to help you figure out the probability of the risk. What is the name of this document? Risk Management Plan 
You are the project manager of a trade show that will be held in Orlando ...
Preview 1 out of 3 pages
Add to cartYou are holding a document that analyzes and identifies risks on your project, categorizes them, and provides a scale to help you figure out the probability of the risk. What is the name of this document? Risk Management Plan 
You are the project manager of a trade show that will be held in Orlando ...
Plan scope management the process of developing a plan that includes the total scope of what needs to be done and what is excluded from the project; implementation and validation of the scope; and how to control deviations from the scope statement. 
Total scope = product scope + project scope 
Produ...
Preview 1 out of 3 pages
Add to cartPlan scope management the process of developing a plan that includes the total scope of what needs to be done and what is excluded from the project; implementation and validation of the scope; and how to control deviations from the scope statement. 
Total scope = product scope + project scope 
Produ...
In a bottom-up approach, the estimated duration of project activities is based on __________ 
A. Work Packages B. the Budget C. Strategic Business Units D. the Schedule A. Work Packages 
Which of the following is NOT true about a network diagram? 
A. To construct it, activity duration estimates are ...
Preview 1 out of 4 pages
Add to cartIn a bottom-up approach, the estimated duration of project activities is based on __________ 
A. Work Packages B. the Budget C. Strategic Business Units D. the Schedule A. Work Packages 
Which of the following is NOT true about a network diagram? 
A. To construct it, activity duration estimates are ...
What constitutes a project? • Temporary endeavor: beginning and end • Creates a unique product • Not a continuous operation 
What is a project? A project is a unique endeavor that has a specific goal, a beginning and an end, and usually a budget. 
Explain the role of a Project Manager: • Ass...
Preview 2 out of 8 pages
Add to cartWhat constitutes a project? • Temporary endeavor: beginning and end • Creates a unique product • Not a continuous operation 
What is a project? A project is a unique endeavor that has a specific goal, a beginning and an end, and usually a budget. 
Explain the role of a Project Manager: • Ass...
Creating the project schedule is incredibly important because once your sponsor approves it, the schedule will serve as a baseline for all the project work you and your team perform. 
List each activity on its own post-it note, and make sure that each activity has a name (the more self-explanatory, ...
Preview 2 out of 7 pages
Add to cartCreating the project schedule is incredibly important because once your sponsor approves it, the schedule will serve as a baseline for all the project work you and your team perform. 
List each activity on its own post-it note, and make sure that each activity has a name (the more self-explanatory, ...
agile Projects with only high-level planning for the entire project at the start with more detailed planning in increments 
mentor A project manager needs to continue to make sure the people/resources are available when needed and often needs to _____________ some of the project team members. 
Monit...
Preview 1 out of 2 pages
Add to cartagile Projects with only high-level planning for the entire project at the start with more detailed planning in increments 
mentor A project manager needs to continue to make sure the people/resources are available when needed and often needs to _____________ some of the project team members. 
Monit...
C. This is an example of using the previous project as a template. Rolling wave planning is incorrect because rolling wave planning describes the detailed planning of the imminent project work, and the high-level planning of work is further away in the project schedule. Analogous estimating describe...
Preview 4 out of 35 pages
Add to cartC. This is an example of using the previous project as a template. Rolling wave planning is incorrect because rolling wave planning describes the detailed planning of the imminent project work, and the high-level planning of work is further away in the project schedule. Analogous estimating describe...
estimates During project selection and chartering, very rough ___________ of cost were considered to determine if the project's benefits would be worth the investment. 
planning Now, in the detailed ______________, more comprehensive cost estimates are developed to once again determine if the proje...
Preview 2 out of 6 pages
Add to cartestimates During project selection and chartering, very rough ___________ of cost were considered to determine if the project's benefits would be worth the investment. 
planning Now, in the detailed ______________, more comprehensive cost estimates are developed to once again determine if the proje...
WBS breaks down into ____ rather than ___ deliverables; activities 
when defining work activities it is essential to involve the people who will actually be performing the project work 
how do you define a work activity give activity a name; short & starts with a verb 
Sequencing work activities put...
Preview 2 out of 8 pages
Add to cartWBS breaks down into ____ rather than ___ deliverables; activities 
when defining work activities it is essential to involve the people who will actually be performing the project work 
how do you define a work activity give activity a name; short & starts with a verb 
Sequencing work activities put...
All of the following are characteristics of a project EXCEPT: a. It has a definite beginning and end b. It repeats itself regularly c. It is temporary d. It has interrelated activities b. It repeats itself regularly 
A company's ongoing operations and maintenance are crucially important for providi...
Preview 1 out of 4 pages
Add to cartAll of the following are characteristics of a project EXCEPT: a. It has a definite beginning and end b. It repeats itself regularly c. It is temporary d. It has interrelated activities b. It repeats itself regularly 
A company's ongoing operations and maintenance are crucially important for providi...
Project success or failure often is reliant upon the contributions of all of the following groups of stakeholders EXCEPT A) Customers B) Suppliers C) Contractors D) Competitors E) Top management Competitors 
Managing a project and leading a project are two different things. Project leadership is abo...
Preview 3 out of 17 pages
Add to cartProject success or failure often is reliant upon the contributions of all of the following groups of stakeholders EXCEPT A) Customers B) Suppliers C) Contractors D) Competitors E) Top management Competitors 
Managing a project and leading a project are two different things. Project leadership is abo...
Stages of Project Team Development forming, storming, norming, performing, adjourning 
Forming team first come together 
Storming team figures out how to work together 
Norming team settles in with each other 
Performing team is self-managing 
Adjourning work is done and team is complete and can dis...
Preview 2 out of 11 pages
Add to cartStages of Project Team Development forming, storming, norming, performing, adjourning 
Forming team first come together 
Storming team figures out how to work together 
Norming team settles in with each other 
Performing team is self-managing 
Adjourning work is done and team is complete and can dis...
Describe what constitutes a project: -A non-routine, one-time effort limited by time, budget, resources and performance specifications designed to meet customer needs 
Explain the role of the project manager and key stakeholders: Project manager: assigned to achieve project objectives leads project ...
Preview 2 out of 8 pages
Add to cartDescribe what constitutes a project: -A non-routine, one-time effort limited by time, budget, resources and performance specifications designed to meet customer needs 
Explain the role of the project manager and key stakeholders: Project manager: assigned to achieve project objectives leads project ...
What is a project? A temporary endeavor that has a specific and unique goal, and usually a budget 
Has an end goal: Product/Service/Outcome/Scheduling System 
Has a budget 
Operations Work that's the same day after day, producing the same results 
Ex: Admitting patients into the hospital 
What is p...
Preview 3 out of 16 pages
Add to cartWhat is a project? A temporary endeavor that has a specific and unique goal, and usually a budget 
Has an end goal: Product/Service/Outcome/Scheduling System 
Has a budget 
Operations Work that's the same day after day, producing the same results 
Ex: Admitting patients into the hospital 
What is p...
Planned value the budget for the project based on how much work should be complete overtime 
Actual cost How much we have spent to date on project for work that's complete 
Earned value management project management methodology, integrates scope, time and cost to accurately measure current project ...
Preview 2 out of 7 pages
Add to cartPlanned value the budget for the project based on how much work should be complete overtime 
Actual cost How much we have spent to date on project for work that's complete 
Earned value management project management methodology, integrates scope, time and cost to accurately measure current project ...
3 personal skills you need to be a good PM? 1. Knowledge 2. Performance 3. Personal Skills 
What are the Enterprise Environmental Factors? People Market Databases Standards Risk Tolerance 
Enterprise Environmental Factor: People The skills and organizational culture where you work. 
Enterprise Envir...
Preview 3 out of 16 pages
Add to cart3 personal skills you need to be a good PM? 1. Knowledge 2. Performance 3. Personal Skills 
What are the Enterprise Environmental Factors? People Market Databases Standards Risk Tolerance 
Enterprise Environmental Factor: People The skills and organizational culture where you work. 
Enterprise Envir...
-Monitor results -Take corrective action -Expedite activities -Solve technical problems -Serve as peacemaker -Make tradeoffs among time, costs, and project scope 
What is involved with leading change? -Recognize the need to change to keep the project on track -Initiate change -Provide direction and ...
Preview 3 out of 17 pages
Add to cart-Monitor results -Take corrective action -Expedite activities -Solve technical problems -Serve as peacemaker -Make tradeoffs among time, costs, and project scope 
What is involved with leading change? -Recognize the need to change to keep the project on track -Initiate change -Provide direction and ...
Known unknowns risks you are aware of like weather delays, technology, widely dispersed project team, deliverable issues, limited options 
Unknown unknowns risks you can't predict and they come from super unlikely events like 9/11 event and you plan for them by setting up contingency funds based on...
Preview 2 out of 5 pages
Add to cartKnown unknowns risks you are aware of like weather delays, technology, widely dispersed project team, deliverable issues, limited options 
Unknown unknowns risks you can't predict and they come from super unlikely events like 9/11 event and you plan for them by setting up contingency funds based on...
You are holding a document that analyzes and identifies risks on your project, categorizes them, and provides a scale to help you figure out the probability of the risk. What is the name of this document? Risk Management Plan 
Adopting proven technology instead of experimental technology in order to...
Preview 2 out of 6 pages
Add to cartYou are holding a document that analyzes and identifies risks on your project, categorizes them, and provides a scale to help you figure out the probability of the risk. What is the name of this document? Risk Management Plan 
Adopting proven technology instead of experimental technology in order to...
Which PM knowledge area has legal ramifications? Procurement (contracts) 
You are planning procurements and considering your production capabilities, competencies and proprietary nature of work you are conducting a _____________or ______________ analysis. Make or buy analysis 
There is a risk your m...
Preview 3 out of 20 pages
Add to cartWhich PM knowledge area has legal ramifications? Procurement (contracts) 
You are planning procurements and considering your production capabilities, competencies and proprietary nature of work you are conducting a _____________or ______________ analysis. Make or buy analysis 
There is a risk your m...
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Stuvia is a marketplace, so you are not buying this document from us, but from seller twishfrancis. Stuvia facilitates payment to the seller.
No, you only buy these notes for $46.49. You're not tied to anything after your purchase.
4.6 stars on Google & Trustpilot (+1000 reviews)
79271 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now