Itpm final exam - Study guides, Class notes & Summaries

ITPM FINAL EXAM|COMPLETE QUESTIONS WITH CORRECT ANSWERS GRADED A+ Name five characteristics of a project? Successful project management entails what exactly? Name five phases of the Project lifecycle 1. Initiating 2. Planning 3. Executing 4. Monitoring and Controlling 5. Closing Why is project management Important Name four core knowledge areas? 1. Scope mgmt 2. Time mgmt 3. Cost mgmt 4. Quality mgmt Name five facilitating knowledge areas 1. Integration mgmt(?) 2. Risk mgmt 3....

ITPM Final Exam Questions And Answers 1005 Solved 2024/2025 ______ of a Project Manager's job is communication. - answer95% What are the types of communication? - answerInternal, external, formal, informal, vertical, horizontal, official, unofficial, written, oral, verbal, and non-verbal Internal Communication - answerWithin the project team or organization External Communication - answerCustomers, vendors, public, etc.; everybody who is not on your team, may include people within your o...

What is a project? Ans: A temporary sequence of related activities that create a unique product or service. What is project management? Ans: The application of knowledge, skills, tools and techniques to project activities to reach project requirements. As Discussed in class, what are the 8 key characteristics of a project? Ans: - Temporary - Unique - Single Unique Purpose - Progressive Elaboration - Has a primary sponsor - Has constraints and risks - Does something, delivers somet...

What are the attributes of a project? Ans: Time frame Purpose Ownership Resources Roles Risks / Assumptions Interdependent tasks Organizational change Operating in enviro bigger than project Describe the different roles and skill sets needed for a project. Ans: May include: Project manager Project sponsor Subject Matter Expert (Knowledge) Technical Expert (Technical skill) What are the benefits to using a project management approach to developing information systems? Ans: Un...

ITPM FINAL EXAM QUESTIONS & ANSWERS, 2024 T/F: Risks can have both negative and positive effects on meeting project objectives. - answerTrue T/F: One possible response to managing negative risk it to accept the potential effects from the risk. - answerTrue T/F: A risk-seeking person prefers outcomes that are more uncertain and is often willing to pay a penalty to take risks. - answerTrue T/F: Unknown risks can be managed proactively. - answerFalse T/F: The last step in project risk mana...

ITPM FINAL EXAM QUESTIONS & ANSWERS, 2024 T/F: Risks can have both negative and positive effects on meeting project objectives. - answerTrue T/F: One possible response to managing negative risk it to accept the potential effects from the risk. - answerTrue T/F: A risk-seeking person prefers outcomes that are more uncertain and is often willing to pay a penalty to take risks. - answerTrue T/F: Unknown risks can be managed proactively. - answerFalse T/F: The last step in project risk mana...

ITPM FINAL EXAM QUESTIONS & ANSWERS, 2024 T/F: Risks can have both negative and positive effects on meeting project objectives. - answerTrue T/F: One possible response to managing negative risk it to accept the potential effects from the risk. - answerTrue T/F: A risk-seeking person prefers outcomes that are more uncertain and is often willing to pay a penalty to take risks. - answerTrue T/F: Unknown risks can be managed proactively. - answerFalse T/F: The last step in project risk mana...

ITPM FINAL EXAM|COMPLETE QUESTIONS WITH CORRECT ANSWERS GRADED A+ Name five characteristics of a project? Successful project management entails what exactly? Name five phases of the Project lifecycle 1. Initiating 2. Planning 3. Executing 4. Monitoring and Controlling 5. Closing Why is project management Important Name four core knowledge areas? 1. Scope mgmt 2. Time mgmt 3. Cost mgmt 4. Quality mgmt Name five facilitating knowledge areas 1. Integration mgmt(?) 2. Risk mgmt 3....

ITPM FINAL EXAM|COMPLETE QUESTIONS WITH CORRECT ANSWERS GRADED A+ Name five characteristics of a project? Successful project management entails what exactly? Name five phases of the Project lifecycle 1. Initiating 2. Planning 3. Executing 4. Monitoring and Controlling 5. Closing Why is project management Important Name four core knowledge areas? 1. Scope mgmt 2. Time mgmt 3. Cost mgmt 4. Quality mgmt Name five facilitating knowledge areas 1. Integration mgmt(?) 2. Risk mgmt 3....

ITPM Final Exam Questions And Answers Graded A+ What are the attributes of a project? Time frame Purpose Ownership Resources Roles Risks / Assumptions Interdependent tasks Organizational change Operating in enviro bigger than project Describe the different roles and skill sets needed for a project. May include: Project manager Project sponsor Subject Matter Expert (Knowledge) Technical Expert (Technical skill) What are the benefits to using a project manage...