Coursera PM UVA Advanced Study Guide Test.
What is a project? - CORRECT ANSWER 1. It has a specific and unique product or service 2. It is temporary eith a specific start date and finish date and temporary organization 3. It requires murisisciplinary coordination 4. It is constrained by time, co...
Coursera PM UVA Advanced Study
Guide Test.
What is a project? - CORRECT ANSWER 1. It has a specific and unique product or service 2. It is
temporary eith a specific start date and finish date and temporary organization 3. It requires
murisisciplinary coordination 4. It is constrained by time, cost, and resources
What is the formal definition of a project? - CORRECT ANSWER HBS: A unique set of activities meant to
produce a defined outcome within an established time frame using specific allocation of resources PMI:
A temporary endeavor undertaken to create a unique product or service
What is not a project? - CORRECT ANSWER Routine processes—manufacturing a car; submitting forms
routinely
Why is it important to define a project properly? - CORRECT ANSWER If we define them, then we can
identify the best tools for them. We can recognize the important individual goals
How do we define a project? - CORRECT ANSWER 1. What is the goal 2. What are the three objectives:
Scope, Time, Budget 3. Establish the organization
What is the project goal? - CORRECT ANSWER The unique service or product well provide.
What is the holy trinity of project management? - CORRECT ANSWER Budget, Time, Scope: These are the
three corners of the triangle containing Quality
Budget, Time, Scope? - CORRECT ANSWER ALWAYS TRADE OFF AGAINST EACH OTHER: Cost & resources;
deadlines and schedule; the dimensions of the project
What questions do we ask about the three objectives? - CORRECT ANSWER Which objective is
constrained? Which do we optimize? Which can we compromise?
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