Chapter 1-2-3 PMBOK 4th Ed
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| What is Project | A project is a temporary endeavor undertaken to create a unique product, service or result. A temporary nature of project indicate a definite beginning and end.
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| What is Project Management? | Project Management is the application of knowledge, skills, tools, and techniques to meet the project requirements.
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| What are project Management process groups? | 1-Initiatng
2-Planning
3-Execution
4-Monitoring and controlling
5-Closing
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| Give some project constraints example? | 1-Scope
2-Quality
3-Scheduling
4-Budget
5-Resources
6-Risk
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| Is project management is iterative process? | Project Management plan is iterative and goes through progressive elaboration through out the project's life cycle.
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| What is progressive elaboration? | Progressive Elaboration allows a project management team to manage to a greater level of details as the project evolves.
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| What is Portfolio Management | A portfolio refers to a collection of projects or program and other work that are grouped together to facilitate effective management of that work to meet strategic business objectives.
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| Describe Portfolio Management in more detail? | Portfolio management refers to the centralized management of one or more portfolio which includes:
Identifying, prioritizing, authorizing, managing and controlling.
projects, program and other related work achieve specific strategic business objective.
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