Exam (elaborations)
PMP C783 Questions and Answers 100% Correct
- Course
- Institution
Exam of 21 pages for the course wgu c783 at wgu c783 (PMP C783)
[Show more]
Content preview
PMP C783project - answer a temporary endeavor that has a definite beginning and ending dates,
and it results in a unique product, service, or result
4 project criteria fundamental factors - answer1. Meet regulatory, legal, or social
requirements.
2. Satisfy stakeholder requests or needs.
3. Implement or change business or technological strategies.
4. Create, improve, or fix products, processes, or services.
projects criteria - answer Unique, Temporary, Reason/Purpose, Stakeholders
satisfaction
benefits of project management: - answer- Provides a roadmap that is easily followed
and leads to project completion
- Improves customer satisfaction
- Enhances effectiveness in delivering services
- Improves growth and development within the project team
Organization - answerA process of dividing work into sections and departments
Project phase - answerA combination of related activities that represent a definite stage
within a project
Performing organization - answerA specific enterprise viewed by all parties and directly
or explicitly involved in all phases and aspects of doing any and all work
Process - answerA set of related tasks performed for managing a certain aspect of a
project
Relationship of Project, Program, Portfolio, and Operations Management Portfolio -
answerHelps in identifying, authorizing, prioritizing, managing, and controlling projects,
programs, and other related work for attaining particular business objectives
Operations - answerPerforms ongoing tasks and constitutes an organization's on-going,
repetitive activities
Organizational project - answerEnsures that an organization accepts the right projects
and allocates critical resources appropriately
,Program - answerInvolves the management of all the coordinated projects within a
program and helps in achieving the program's strategic objectives and benefits
Two types of phase-to-phase relationships - answer1. Sequential relationships
2. Overlapping relationships
Sequential relationships - answerOne phase must finish before the next phase can
begin.
Overlapping relationships - answerOne phase starts before the prior phase completes.
Project management processes - answerThese are concerned with describing and
organizing the work of the project.
Product-oriented processes - answerThese are concerned with specifying and creating
the project product.
tailoring - answerThe project manager and project team are responsible for determining
which processes within each process group are appropriate for the project on which
you're working
Work performance data - answerthe raw observations and measurements determined
during activities performed to execute the project work
Work performance information - answerperformance data aggregated from several
controlling processes, analyzed in context and integrated based on relationships across
areas.
Work performance report: - answerthe physical or electronic representation of work
performance information compiled in project documents for generating decisions or
raising issues, actions, or awareness.
Project charter: - answerRecords the name of the project manager and provides that
person the authority to assign organizational resources to a project
Project management plan: - answerDefines how the project is executed, how it's
monitored, and how it's controlled
Project business case: - answerHelps executive management and key stakeholders to
determine the benefits and rewards of a project
Project benefits management plan: - answerDefines the processes for creating,
maximizing, and sustaining the advantages provided by a project.
Here are the two major categories of influences: - answer1. EEFs (enterprise
environmental factors)
, 2. OPAs (organizational process assets)
Data repositories for metrics: - answerCollect and make available measurement data on
processes and products
Financial data repositories: - answerInclude information such as labor hours, incurred
costs, budgets, and any project cost overruns.
Project files from previous projects: - answerInclude information about scope, cost,
schedule, and performance measurement baselines.
Historical information knowledge repositories: - answerInclude project records and
documents, all project closure information and
Organizational structure: - answerIdentifies how roles, power, and responsibilities are
assigned, controlled, and coordinated, and how information flows between the different
levels of management
Governance framework: - answerInfluences how objectives of an organization are set
and achieved, a risk is monitored and assessed, and performance is optimized
Management element: - answerIncludes the key functions or principles of general
management in an organization
In a projectized organization, - answerteam members have no department they belong
to; they are loyal only to the project.
In a matrix organization - answerfunctional managers assign employees to projects,
whereas project managers assign tasks associated with the project
In a functional organization, - answerteam members are loyal to their department and
report only to their functional manager.
Controlling: - answerIncludes requirements which contain adoption of methodologies,
templates and agreement to governance
Directive: - answerInserts great deal of professionalism as the PMO manages the
projects results in high level of consistency
Supportive: - answerProvides support in the form of templates and accesses
information
Project manager: - answerWorks as a professional in the field of project management
and is responsible for the planning, execution, and closing of any project
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
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!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
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.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Dreamer252. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $15.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
79650 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now