Triple constraint Study guides, Class notes & Summaries

The "triple constraint" of project management includes the controlling and management of: correct answer: Schedule, cost, and scope The following are all project management process groups: correct answer: --Initiating --Executing --Monitoring Which of the following is critical for ensuring project success? correct answer: Organizational commitment Who has input to project initiation? correct answer: Stakeholders Project requirements must be all of the following: correct ans...

WGU C722 Project Management- Questions and Answers Rated A+ portfolio a group of related programs that support a long-term company goal or objective Pg 13 program a group of related projects Pg 13 project an activity or group of activities to generate a new, unique product, service, or results to support that program Pg 13 charter a document that, like a contract, is agreed upon by the sponsor and key stakeholders. It defines the project and authorizes the resources, roles, responsibilities, ...

PMG201 Course 1 Study Guide Test. 1.True or False: A Project is defined as being unique and temporary, with an undefined start and finish. A.True B.False - CORRECT ANSWER B 2.We discussed three types of matrix organizations, they are: A.Light, Mid-strength and Strong B.Weak, Balanced and Strong C.Light, Medium and Heavy D.Weak, Medium Strength and Strong - CORRECT ANSWER B 3.In a projectized organization: A.Team members are never assigned to the project full time....

ITPM Chapters 1-3 Exam Questions and Answers 100% Pass Project - Correct Answer ️️ -A temporary endeavor undertaken to create a unique product, service or result. Operations - Correct Answer ️️ -Work done in organizations to sustain the business. Project Sponsor - Correct Answer ️️ -Usually provides the direction and funding for the project. Project Manager - Correct Answer ️️ -Work with the project sponsors, the project team and all other stakeholders in the project. Tr...

ITPM Chapters 1-3 Exam Questions and Answers 100% Pass Project - Correct Answer ️️ -A temporary endeavor undertaken to create a unique product, service or result. Operations - Correct Answer ️️ -Work done in organizations to sustain the business. Project Sponsor - Correct Answer ️️ -Usually provides the direction and funding for the project. Project Manager - Correct Answer ️️ -Work with the project sponsors, the project team and all other stakeholders in the project. Tr...

WGU C722 Project Management Latest Update Graded A+ Triple constraint time, cost, scope Red light issues things that will immediately impact the success of the project yellow light issues things that may be impending issues arising for the future of the project, plus recommendations for how to avoid these issues from becoming problems program review (monthly) multi project review for sponser and other senior managers; milestones 8 and 80 rule avoid controlling tasks of less than 8 hours; don...

Project Management WGU - C722, Questions and answers. VERIFIED. portfolio - -a group of related programs that support a long-term company goal or objective Pg 13 program - -a group of related projects Pg 13 project - -an activity or group of activities to generate a new, unique product, service, or results to support that program Pg 13 charter - -a document that, like a contract, is agreed upon by the sponsor and key stakeholders. It defines the project and authorizes the resources, ro...

WGU C722 Test Bank Project Management, Top Exam Questions and answers, Approved. A Guide to Project Management Body of Knowledge (PMBOK Guide) The project management standard developed by the Project Management Institute. Benefit measurement methods A type of decision model that compares the benefits obtained from a variety of new project requests by evaluating them using the same criteria and comparing the results. Co-located When team members work together at the same physical locati...

CNIT 480 Final Exam Questions and Answers 100% Pass Glass's - Answer-"For every 25% increase in the connections of a system, there is a 100% increase in the complexity of the system." This is referred to as ___ Law. death march - Answer-A ______ project is described as a project that never ends, everyone is afraid to cancel it. Matrix - Answer-A ______ organizational structure combines the benefits of the functional structure and the benefits of the projects structure for an organizati...

ITPM Exam Complete Questions with 100% Correct Answers scope, time, cost What factors have the biggest impact on IT projects? 1) high turnover rates of IT workers 2) level of uniqueness and complexity 3) difficulty in getting accurate customer requirements 4) rate of change in requirements 5) difficulty in testing all possible state of software, 6) constant training needed to keep team members current with technology Key differences between IT projects and other projects 1) imp...