How raci works - Study guides, Class notes & Summaries

CIPS L4M2 Defining Business Need Types of Purchases new buy, straight rebuy, modified rebuy Straight rebuy purchase Routine purchases of the same products under approximately the same terms of sale Modified rebuy purchase When new-task purchases are changed on repeat orders or straight rebuy purchases are modified New purchase A purchase of an item for the first time Examples of straight rebuy purchases Utilities (gas, water, electricity) MRO ( Maintenance, repair and operating item...

CIPS L4M2 Defining Business Need Types of Purchases new buy, straight rebuy, modified rebuy Straight rebuy purchase Routine purchases of the same products under approximately the same terms of sale Modified rebuy purchase When new-task purchases are changed on repeat orders or straight rebuy purchases are modified New purchase A purchase of an item for the first time Examples of straight rebuy purchases Utilities (gas, water, electricity) MRO ( Maintenance, repair and operating item...

CBAP Study Questions and Answers Latest 2022(Graded A+) You are the business analyst for your organization. You are currently with several key stakeholders as part of the determination of which business analysis approach is most appropriate for the current project. Which stakeholder is not considered when completing the business analysis planning and monitoring task to determine a business analysis approach? A. Project manager. B. Tester C. Regulator. D. Functional management Answe...

CBAP Study Questions and Answers Latest 2022(Graded A+) You are the business analyst for your organization. You are currently with several key stakeholders as part of the determination of which business analysis approach is most appropriate for the current project. Which stakeholder is not considered when completing the business analysis planning and monitoring task to determine a business analysis approach? A. Project manager. B. Tester C. Regulator. D. Functional management Answe...

Business Continuity ("BC") The ability of an organization to maintain essential functions during, as well as after, a disaster has occurred. A disaster could be environmental, natural, or technical in nature. Disaster Recovery ("DR") An area of security planning that aims to protect an organization from the effects of significant negative events. DR allows an organization to maintain or quickly resume mission-critical functions following a disaster. ORGANIZATIONS SHOULD Asse...

IT 343 Midterm Exam | Verified with 100% Correct Answers What is project management? A. The ability to complete a task within a given amount of time B. The ability to complete a task within a given budget C. The ability to manage a temporary endeavor to create a unique product or service, on time and within budget D. The ability to administer a series of chronological tasks within a given amount of time and under budget All of the following are project management process groups except for whi...

CAPM Exam Prep, PMI, PMBOK 6th Edition 1297 Questions with Verified Answers 360-degree appraisal - CORRECT ANSWER A performance review completed by a person's peers, manager, and subordinates. It's called a 360-degree appraisal as it's a circle of reviews by people at different levels of an organization. Acceptance - CORRECT ANSWER This is a response to a risk event, generally made when the probability of the event and/or impact are small. It is used when mitigation, transference, or av...

CIPS L4M2 Defining Business Need Types of Purchases new buy, straight rebuy, modified rebuy Straight rebuy purchase Routine purchases of the same products under approximately the same terms of sale Modified rebuy purchase When new-task purchases are changed on repeat orders or straight rebuy purchases are modified New purchase A purchase of an item for the first time Examples of straight rebuy purchases Utilities (gas, water, electricity) MRO ( Maintenance, repair and operating item...

Risk Register A risk register is a repository in which outputs of risk management processes are recorded. Information in a risk register can include the person responsible for managing the risk, probability, impact, risk score, planned risk responses, and other information used to get a high-level understanding of individual risks. Configuration Management Plan Describes how the information about the items of the project (and which items) will be recorded and updated so that the product...

CAPM Practice Exam 260 Questions with Verified Answers 3 things that describe role of a PM ?? - CORRECT ANSWER 1. responsible for the final result of the team 2. need to integrate multiple disciplines 3. communicate with team Cost Management Plan has these 3 characteristics - CORRECT ANSWER 1. describes how project costs will be planned, structured, & controlled 2. may specify level of precision, degree to which activity cost estimates will be rounded up or down 3. may specify varia...