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EIEN02E - P2
| Question | Answer |
|---|---|
| Project Integration Management | is the coordination of all elements, tasks, resources, and processes in a project. It unifies separate knowledge areas like scope, time, cost, and risk-into a single, smooth plan |
| Project Integration Management | the project manager uses it to balance competing needs and guide work from start to end |
| Sync teams | keeps everyone working on the same goals |
| Solve conflicts | handles trade-offs when resources are tight |
| Controls change | stops unplanned tasks from hurting the budget |
| Project scope | is how a project's goals and objectives are defined |
| scope statement | The project ______ lists those goals, what the deliverables will be, what the costs for that will be and the deadlines. |
| Project scope | helps not only with the boudnaries of the project but with who will be responsible for the tasks that make up the project and the process that will be applied to make sure everything is done correctly and approved |
| make sure everything is done correctly and approved | Scope helps not only with the boundaries of the project but with who will be responsible for the tasks that make up the project and the process that will be applied to make sure _____ |
| Statement of work | This information is usually collected in a scope statement, which is also known as a _____ |
| Project schedule | is a list of a project's tasks, milestones, deliverables and resources with pre-determined beginning and end dates. |
| Project schedule | can be conceived from many places, but are primarily put together from a list of stakeholder requirements |
| Schedule management | is a process used in project management to define project tasks and their duration, identify independencies and assign resources to execute those tasks successfully |
| Cost management plan | is a method of strategizing the planning and execution of a project's budget |
| Cost management | is sometimes also known by its more specific sub-task names like spend management, cost trasparency and cost accounting. |
| Cost management | it is typically made up of four steps: resource planning, cost estimation, budgeting and cost control |
| Resource planning | starting with the resource plan, project managers will typically use a work breakdown structure to show the project and its deliverables in a hierarchy from most important to least |
| resource plan | starting with the ______, project managers will typically use a work breakdown structure to show the project and its deliverables in a hierarchy from most important to least |
| Resource planning | this piece helps project managers undersdtand where the bulk of costs will funnel towards and which components of the project will require least expenditure |
| Cost estimation | the second stage, _____, is a process thats iterative, meaning that its designed to change as the project changes |
| Cost estimation | this stage uses many different estimation techniques that are determined by conceptual goals, historical knowledge, expert judgement, determinative techniques or a component-by-component basis |
| Budgeting | budgets are formed and approved after the estimation phase and are typically released for the project in a series of phases depending on the project's progress. |
| Budgeting | this will help the project reach its milestones within each budgetary phases, rather than trying to match an overall project budget |
| Cost control | is simple, you'll measure your project's peso value performance against your total cost and timeline. this will help provide a benchmark throughout the project process |
| Quality management | a ______ plan is a document that helps the project manager and the project team execute quality management and quality assurance actions |
| Quality management | ensures project outputs meet the standard requirements |
| Quality | in context of project management, is fulfilling the project requirements and meeting the customer's needs |
| Resource management | |
| Resource management | is the process of estimating what resources will be needed to complete a project, acquiring them, making a schedule for their allocation and monitoring their utilization during the execution of a project, program, or portfolio of projects |
| Resource management | involves allocating and managing project resources effectively |
| Resource management plan | is a document that describes all the different guidelines, operating procedures, tools and methods an organization uses to manage its resources over the execution of projects |
| Communication management | is the systematic process of planning, executing, monitoring, and controlling all internal and external messages within an organization or project |
| Communication management | it ensures that the right information reaches the right audience through the right channels at the right time |
| Communication management | handles information flows within the project team and stakeholders |
| Project risk management | is the process of identifying, analyzing, and responding to any risk that arises over the life cycle of a project to help the project remain on track and meet its goal |
| lifecycle of a project | is the process of identifying, analyzing, and responding to any risk that arises over the _____ to help the project remain on track and meet its goal |
| Procurement management | refers to all the actions and strategies related to the cycle of identifying, evaluating, and selecting suppliers of production inputs |
| Procurement management | this involves creating a procurement management plan, testing quality, managing procurement contracts, executing purchases and any other activity thats needed to control how purchases are made in your organization |
| Procurement management | deals with acquiring goods and services from outside the organization |
| Stakeholder management | a stakeholder is an individual, group or organization that is impacted by the outcome of abusiness venture or project. |
| Stakeholder | is an individual, group or organization that is impacted by the outcome of abusiness venture or project. |
| Project stakeholders | as the name implies, have an interest in the success of a project, can be internal or external |
| Internal stakeholders | want to achieve the business goals and strategic objectives of the project |
| External stakeholders | are those who aren't directly related to the organization, but they're important to the business or are impacted by the project to some extent |