School for Professional Studies, CUNY PROM 210 Chapter 1 Review Questions And Answers-VERIFIED BY EXPERTS-ALL ANSWERS CORRECT

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Chapter Review Questions 1. What is a project? KL answer: A project is “a temporary endeavor undertaken to create a unique product, service, or result.” A project requires an organized set of w... ork efforts that are planned in a level of detail that is progressively elaborated upon as more information is discovered. 2. What is project management? is “the application of knowledge, skills, tools and techniques to project activities to meet project requirements.” 3. How are projects different from ongoing operations? Projects are temporary and unique while other work, commonly called operations, is more continuous. 4. What types of constraints are common to most projects? Cost and Schedule or time and budget 5. Which deliverable authorizes the project team to move from Selecting & Initiating to Planning? When key participants commit to it in broad terms 6. At what stage of a project life cycle are the majority of the “hands-on” tasks completed? Executing 7. During which stage of the project life cycle are loose ends tied up? Closing and Realizing 8. What are the five process groups of project management? 1. Initiating— “define a project or a new phase by obtaining authorization” 2. Planning— “establish the project scope, refine objectives and define actions to attain objectives” 3. Executing— “complete the work defined to satisfy project specifications” 4. Monitoring and controlling— “track, review, and regulate progress and performance, identify changes required, and initiate changes” 5. Closing—“finalize all activities to formally close project or phase” 9. Which process group defines a new project or phase by obtaining authorization? Initiating [Show More]

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