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PMP Chapter 2
| Question | Answer |
|---|---|
| The collection of phases from the start of a project to its completion. | Project Life Cycle |
| A (BLANK) is needed to determine that a phase has met all of its obligations and begin the next phase. It is also known as the phase exit, phase gate or kill point. | Phase End Review |
| A verifiable, measurable work product | Project Deliverable |
| The (BLANK) is the compilation of all phases within a project. | Project Life Cycle |
| During the early stages of a project both the costs and the demands for resources are (BLANK) | low |
| At which stage of the project is the risk of failure the lowest, but the consequences the highest? | During the final stages |
| List the five organizational structures in order from lowest to highest. | Functional, Weak, Balanced, Strong and Projectized |
| In which organizational structure is the project team likely to work full-time on a project. | Projectized |
| Projects are divided into (BLANK) to make the management and control of the overall project easier and more productive. | Phases |
| The project life cycle defines the work to be done, the deliverables and the resources needed. It never defines the (BLANK). | cost |
| When is the greatest likelihood of a project failing to reach its objective? | Projects are more likely to fail at the start. |
| The process for identifying stakeholders takes place in what process group? | The "Initiating Process Group" |
| True or False - An example of a positive stakeholder, would be a customer who is eager for your project's deliverable? | True |
| Name the 10 "Key Project Stakeholders" | Project Manager, Sponsor, User, Functional Managers, PMO, Sellers/Vendors, Project Team, Portfolio Managers, Program Managers, Operational Managers |
| As a general rule, at what point in the project is the most cost effective point to make changes to a deliverable, at the beginning, middle or end. | Beginning |
| True or False - The most logical time to kill a project is at the start of a phase. | False. The end of phase (or kill point) is key evaluation point in the success or failure of a phase. |
| The four cultural components of an organization as defined by PMI are... | Values & Beliefs, Policies & Procedures, Authority of the PM and Work Hours & Ethics |
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