Wbs work packages are - Study guides, Class notes & Summaries

A project charter that formally authorized a project was created. The project charter documented the initial requirements to satisfy stakeholders' needs and expectations. How often should the project charter be revised? - Never Which of the following roles in a project is most likely to be involved in negotiations on procurements during the Conduct Procurements phase? - Procurement administrator (pg 380) Lucy has to brief her key project stakeholders on the recent approved changes to the ...

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

ITPM Exam Complete Questions with 100% Correct Answers Project portfolio a portfolio is a grouping of projects and programs, with potentially unrelated goals, but linked by resources and/or governance. Project A project is a sequence of unique, complex, and connected activities that have one goal or purpose and that must be completed by a specific time, within budget, and according to specification. Temporary program Programs are groups of projects that are linked through their man...

GFEBS L230E Cost Management Process Overview 100% Solved Direct Cost - Answer ️️ -A cost such as labor, materials, or supplies that can be traced directly to producing a specific output of an organization, product, and service Indirect Cost - Answer ️️ -A cost that cannot be traced directly to a specific organization, product, and/or service output They often are allocated on a predetermined basis and generally are synonymous with overhead costs such as general and administrative e...

Estimating the number of work periods that will be needed to complete individual schedule activities characterizes which of the following time management processes? a. Define activities b. Sequence activities c. Estimate activity duration d. Create WBS c. Estimate activity duration Creating a realistic schedule is often an iterative process because several factors can limit how fast a project can be completed. All of the following factors can limit how fast a project can be scheduled and compl...

The experiences of an organization's members are the basis for its _________. A. culture B. structure C. operations D. maturity - ANSWER-The experiences of an organization's members are the basis for its _________. A= The culture of an organization is created by its members' experiences. Organizational structures can be: A.functional, strategic or balanced. B.functional, projectized or iterative. C. operational, balanced matrix or iterative. D. composite, function...

CAPM Practice Test 100 Questions with Verified Answers When is the Plan Risk Management process performed in a project? - CORRECT ANSWER Once or at predefined points in a project. Understanding, evaluating, defining, and managing requirements are essential to satisfying: - CORRECT ANSWER Customer satisfaction Projects are undertaken to fulfill objectives by: - CORRECT ANSWER Producing deliverables Which of the following is an input to the sequence activities process? A. Cost baselin...

During which of the following project development life cycles are the project scope, schedule and budget determined in the early phases of the life cycle? - ANSWER-Predictive Life Cycle Which of the following is the correct definition of a project management methodology? - ANSWER-System of practices, techniques, rules and procedures used by those who work in a discipline You are helping an organization uplift its project management practices. You have recommended developing a business case...

BAPM – CBAP questions with complete solution 2024 Business Analysis Planning and Monitoring tasks include: - correct answer 1. Identifying stakeholders 2. Defining roles and responsibilities of stakeholders 3. Developing estimates for business analysis tasks 4. Planning how the business analyst will communicate with stakeholders 5. Planning how requirements will be approached, traced, and prioritized. 6. Determining the deliverables that business analyst will produce 7. Defining and de...

CAPM PRACTICE Exam 89 QUESTIONS with Verified Answers For which of the following project management knowledge areas, accountability cannot be delegated by the project manager to someone else? A. Integration Management B. Schedule Management C. Cost Management D. Scope Management - CORRECT ANSWER A. Integration Management What can be tailored as part of project integration? A The appraisal process of the organization to suit the project team members B The project and development lif...