Acquire project team - Study guides, Class notes & Summaries

product management plan - correct answer the integration of people, data, processes, and business systems to create, maintain, and evolve a product + service through its life cycle. it is the iterative process of refining and working towards key outcomes of a product Management by Objectives (MBO) - correct answer a process of setting mutually agreed upon goals and using those goals to evaluate emplo...

What constitutes a project? - - Temporary endeavor - Beginning and end - Creates unique product - Not continuous operation - Budget Project Manager - - Assigned to achieve projects objectives - Leads projects team - Organizes projects resources - Planning/ overseeing project in its entirety - COMMUNICATING - Authorization given through project charter Simple Project Life Cycle/ Knowledge Areas of Process Groups - Initiating, planning, executing, monitoring/controlling, closing ...

CAPM Practice 215 Questions with Verified Answers John is a project manager for a newly formed project team. The project team has worked hard for last 4 months and has taken very few leaves. John wants to motivate the team members by informing them that he can give a couple of paid leaves if they complete the Phase-1 deliverables on time. Which theory is applied by John to achieve the result? a) Achievement Theory b) Theory Y c) Expectancy Theory d) Contingency Theory - CORRECT ANSWER c...

IT Project Management Exam 1 Questions and Answers 100% Pass What is the name of PMI's organization maturity model for project management that helps to determine the level of ability of an organization to deliver the desired strategic outcomes in a reliable, controllable, and predictable manner? a. ISO 9000 b. OPM3 - Project Process Management 3 c. Project management maturity model d. Six Sigma - Correct Answer ️️ -b. OPM3 - Project Process Management 3 Success in portfolio managem...

19 -CAPM Final Practice Exam 150 Questions with Verified Answers The processes required to define the scope of the project, refine the objectives, and determine the appropriate course of action to achieve the project objectives. A. Executing process group B. Monitoring and controlling process group C. Scoping process group D. Planning process group - CORRECT ANSWER Workbook, CAPM Final Practice Exam, page 210, #1 Answer: D The processes that track, review, and regulate the p...

All of the following accurately describe the features and characteristics of a contract EXCEPT: a. A contract binds both the seller and the buyer. b. The project organization is always a buyer in a contract arrangement c. A contract obligates the buyer to pay for a specified product or service. d. A contract obligates the seller to provide a specified product or service. b. The project organization is always a buyer in a contract arrangement All of the following items are generally consider...

Project Management Professional (PMP) Exam Questions And Answers Rated A+ What is project management? - correct answer. The application of knowledge, skills, tools, and techniques to project activities to meet project requirements What is a program? - correct answer. A group of related projects, subprograms, and program activities managed in a coordinated way to obtain benefits not available from managing them individually. What is a portfolio? - correct answer. ...

BUAD 309 Chapter 13 | Answered with Rationales (Complete Solutions) Power is a function of ________. A) goal congruency B) realization C) inheritance D) dependence E) altruism Power is a function of dependence. Which of the following statements is true regarding power? A) A is said to have power over B if B controls something that A desires. B) The greater A's dependence on B, the greater A's power in the relationship. C) If A has the capacity to influence the behavior of B, then A is said t...

CAPM Practice Exam 265 Questions with Verified Answers Which of the following is the process of monitoring the status of the project to update the project schedule and manage changes to the schedule? - CORRECT ANSWER Control schedule Risk transference nearly often involves: - CORRECT ANSWER Payment of a risk premium to the party taking on the risk The interaction of the various system components creates the organizational culture and capabilities that are important for the project. Whic...

CISA CH 3 Exam 133 Questions with Verified Answers Project governance and management - CORRECT ANSWER IS auditor's role is to ensure that rules of system development like SoD are not compromised Components of project management are initiating, planning, executing, controlling, monitoring and closing Three types of project management org structures - CORRECT ANSWER Functional-structured organization-project manager only has a staff function without formal management authority manager ...