18625125
Description
Flashcards by Desiree Underwood, updated more than 1 year ago
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Created by Desiree Underwood
over 5 years ago
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| Question | Answer |
| True or False The PMBOK identifies processes that are considered good practice on most projects. | True |
| What are the 4 Core Values from the PMI Code of Ethics & Professional Conduct? | 1. Responsibility 2. Respect 3. Fairness 4. Honesty |
| Whats an Aspirational Standard? | Aspirational standards describe the conduct that practitioners strive to uphold. |
| What are Mandatory Standards? | Mandatory standards establish firm requirements and, in some cases, limit or prohibit practitioner behavior. |
| True or False The PMI Ethics Review Committee was formed for oversight and does not instill disciplinary action to its practitioners. | False PMI Practitioners who do not conduct themselves in accordance to the Code of Ethics & Professional Conduct standards will be subject to disciplinary procedures before PMI’s Ethics Review Committee. |
| What is the basic definition of a Project? | A temporary endeavor to create a unique product, service or result. |
| What are the 4 factors that would trigger an organization to start a project? | 1. Regulatory, legal or social requirements 2. Stakeholders requests or needs 3. Implementation or Change to business or technology 4. Create, Improve or Fix products, processes or services |
| What is Program Management? | A group of related projects managed in a coordinated way. |
| Portfolio Management | A group of programs, projects, operations or subsidiary portfolios with a common strategic goal (may not be directly related). |
| Operations | Outside the scope of Project Management making sure that business operations are performed efficiently. |
| What is a Project Lifecycle? | A series of phases that a project passes through from its start to completion. The basic framework of a project. |
| Project Phase | A collection of logically related project activities that culminate in the completion of one or more deliverables. |
| What are the 4 Project Phases? | Starting Organizing Carrying Out Ending |
| What is a Phase Gate? | A review at the end of a phase in which a decision is made to continue to the next phase, to continue with modification, or to end a program |
| What is the definition of a Project Management Process? | A systematic series of activities directed toward causing an end result where one or more inputs would be acted upon to create one or more outputs |
| What is the definition of a Project Management Process Group? | A logical grouping of project management inputs, tools, techniques, and outputs. |
| What are the 5 Project Management Process Groups? | Initiating, Planning, Executing, Monitoring & Controlling, Closing. |
| What is the definition of a Project Management Knowledge Area? | An identified area of project management defined by its knowledge requirements and described in terms of its components, practices, tools, outputs etc. |
| What are the Project Management Knowledge Areas? | 1. Project Integration 2. Project Scope Management 3. Project Schedule Management 4. Project Cost Management 5. Project Quality Management 6. Project Resource Management 7. Project Communications Management 8. Project Risk Management 9. Project Procurement Management 10.Project Stakeholder Management |
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