IFSM 300 Week 7 IT Project Management Exam With Complete Solution

IFSM 300 Week 7 IT Project Management Exam With Complete Solution Project Management Institute (PMI) - CORRECT ANSWER Recognized authority for project management certifications classroom study and real-world experiences - CORRECT ANSWER is the best way to learn project management Project - CORRECT ANSWER A temporary endeavor undertaken to create a unique product, service, or result. Project Scope - CORRECT ANSWER describes the work that must be accomplished to complete the project project manager - CORRECT ANSWER expert responsible for planning, managing, and controlling all aspects of a project Project Management - CORRECT ANSWER The application of knowledge, skills, tools, and techniques to project activities to meet project requirements Project deliverables - CORRECT ANSWER concrete, tangible outcomes, results, or products generated as a result of a project Project milestones - CORRECT ANSWER key dates when specific, critical tasks or groups of activities are completed Project contingency - CORRECT ANSWER anticipating delays or problems and having an alternative solution or strategy planned time, resources, scope, and quality - CORRECT ANSWER A project manager must control these four key variables associated with any project A business project manager and a technical project manager - CORRECT ANSWER may both be assigned to an IT project depending on the organization IT's role is to - CORRECT ANSWER help the business identify the best technology solution for the business problem management methodology - CORRECT ANSWER Having a sound ______ puts in place a process and means with which to deal with issues as they arise. four variables - CORRECT ANSWER The _____ must be adjusted by the project manager as things change to keep them in balance one or more other variable are impacted - CORRECT ANSWER When one of the four variables change The Tripe Constraints of project management - CORRECT ANSWER time, cost, and scope as any one of these three has an impact on the others and the project quality A strong project manager - CORRECT ANSWER pays close attention to the project plan and the progress of the project against the plan, and managers the variables appropriately to ensure successful completion of the project. Successful completion - CORRECT ANSWER is when the project is delivered on time, stays within the allocated budget, and performs the required functions correctly The project methodology provides - CORRECT ANSWER the structure and processes to define and plan a project, monitor its progress, and evaluate its end results Standard methodology - CORRECT ANSWER provides for consistency, allows the process to be refined and improved over time by incorporation lessons learned, and increases the transferability of skills among team members Project methodologies include - CORRECT ANSWER project initiation, project planning, and project execution Project Initiation - CORRECT ANSWER Launching a process that can result in the authorization of a new project.