Itpm final Study guides, Class notes & Summaries

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...

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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 ITPM Final Questions with verified correct answers - complete solution 2024

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 PASSED Exam Questions and CORRECT Answers project management institute - Correct ANSWER- - global organization for the project management profession - sponsors the project management professional (pmp) certification project lifecycle phases - Correct ANSWER- - initiate - plan - execute - monitor/control - close

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...

What are 3 common characteristics of every project? : a. Unique b. Specific Deliverable c. Specific Due Date What are the three primary goals of a project? : a. Function b. Cost c. Timing What is the first phase of the life cycle of a project? : Initiate What is the agile term for project manager? : Scrum master What are the five stages in the life cycle of a project? : a. Initiate 2 | P a g e b. Plan c. Execute d. Monitor/Control e. Close What are some conflict management st...

ITPM Final Exam Questions And Answers Graded A+|Update 2024/2025 ______ of a Project Manager's job is communication. 95% What are the types of communication? Internal, external, formal, informal, vertical, horizontal, official, unofficial, written, oral, verbal, and non-verbal Internal Communication Within the project team or organization External Communication Customers, vendors, public, etc.; everybody who is not on your team, may include people within your organization ...