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Exam (elaborations)

FAM 104 Test Questions and Answers All Correct

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  • Module
  • FAM 104
  • Institution
  • FAM 104

FAM 104 Test Questions and Answers All Correct Define project management - Answer- The application of knowledge, skills, tools, and techniques to project activities to meet project requirements Fundamental elements of a project - Answer- Unique product service or result Temporary endeavor ...

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  • September 28, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • FAM 104
  • FAM 104
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FAM 104 Test Questions and Answers
All Correct

Define project management - Answer- The application of knowledge, skills, tools, and
techniques to project activities to meet project requirements

Fundamental elements of a project - Answer- Unique product service or result
Temporary endeavor
Drives change
Enable business value creation

4 skills for project manager - Answer- Executive leadership
Program execution
Technical management
Business management

Define project success - Answer- Cost schedule and performance requirements are met

Function disciplines on a project team - Answer- Program/project managers
Systems engineers
Procuring contract officer
Financial manager
Systems safety specialist
Configuration management
Data management
Manufacturing
Test and evaluation
Acquisition logistics

Identify stakeholders - Answer- Individual group or organization that may affect, be
affected by, or perceive itself to be affected by a decision, activity or outcome

How to manage stakeholders - Answer- Internal: give direction, manage upward
External: solid plan, facts, logic
Chain of command when necessary

Key stakeholder management dicuments - Answer- Acquisition strategy
Responsibility matrix
Communication plan

Phase - Answer- Incremental amount of work that allows PMs to better understand how
the product will function, how it will be built,and what it will cost

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