PM Unit 1.01 Review

What is the definition of a project?

• A long-term assignment given to individuals

• A way to organize work around businesses

• A continuous process to improve product quality

• A temporary endeavor to create a unique product, service, or result

What are the core functions of project management?

• Scope, time, cost, and quality

• Human resources, communication, risk, and procurement

• Project objectives, deliverables, and resources

• Enterprise environmental factors, project management, and facilitation

What is the discipline of project management?

• Increasing the chances of project success

• Improving communication and reducing risks of failure

• Increasing product or service quality

• Planning, organizing, and managing resources to achieve project goals

What does scope define in project management?

• The amount of money required to complete the project

• The timeline for completion of the project

• The ability of a process or product to satisfy needs

• The boundaries of the project and what is outside those boundaries

What are the facilitating functions of project management?

• Human resources, communication, risk, and procurement

• Scope, time, cost, and quality

• Project objectives, deliverables, and resources

• Enterprise environmental factors, project management, and facilitation

What are enterprise environmental factors in project management?

• A two-way process of reaching mutual understanding

• The knowledge, skills, values, and attitudes of those working on the project

• The way that businesses and organizations purchase or obtain goods or services

• Internal and external environmental factors that surround or influence a project's success

What is the temporary nature of projects?

• Involves establishing a timeline for completion of the project

• Is a continuous process to improve product quality

• Refers to the ability of a process or product to satisfy needs

• Indicates a definite beginning and end

Why is project management important?

• Increases product or service quality, improves communication, reduces risks of failure, and increases the chances of project success

• Refers to the ability of a process or product to satisfy needs

• Defines the boundaries of the project and what is outside those boundaries

• Involves establishing a timeline for completion of the project

What is communication in project management?

• A two-way process of reaching mutual understanding in which participants exchange information and create meaning

• The knowledge, skills, values, and attitudes of those working on the project

• The amount of money required to complete the project

• The way that businesses and organizations purchase or obtain goods or services

What is procurement in project management?

• The timeline for completion of the project

• The boundaries of the project and what is outside those boundaries

• The way that businesses and organizations purchase or obtain goods or services

• The amount of money required to complete the project