Die Zahlen des RKI zu Corona im News-Blog. It outlines not only key stakeholders on the project, but also their needs and requirements as well as their relationship to the project and authority level on the project. What are the two dimensions of the Socio-cultural approach? Managing a project typically includes: answer choices Reviews (called "Gating") during project implementation assess current performance and priorities and decide to continue, halt, hold, or revise the project. (Hint: Do not overlook the$30,000 cost of goods sold that Worley incurred serving each hospital.) are hard requirements of the work package activity and cannot be reversed. A multiplier for each year based on the discount rate and year. Collaborate with other teams at the organization. _______ relies heavily on correctly identifying the relationships and dependencies of all activities included on the network diagram. Resources can be underestimated. Because risk contingencies can mean the allocation of financial resources for the purchase of items, a new direction for a work activity, or the possible rescheduling of human resources, authorization for these types of actions should be issued only to individuals who have had a detailed briefing from the project manager on specific risk events and corresponding contingency plans. C. Have funding limits (if applicable). A brief description of activity to be performed. Project management Chapter 1,2 and 3 Quiz Questions - 1. Estimate of time required to complete the activity. This is called ____. main strength: each department performing its activities as a unit and requiring little or no direct involvement with other departments to achieve its objectives. Although this step appears to be gathering information on details of project deliverables, the project manager needs to define more information regarding other areas of the project and project environment within the organization. Learned and applied Project Libre, Gantt chat, flowcharts, Maps, and financial assessments for managing projects. SWOT analysis (external and internal) 3. formulate strategies 4. implement strategies 5. evaluate results. Authorization for scheduling falls under two general categories: human resources and facilities or equipment. Organizations that have a _______ structure employing the traditional departments structure projects differently, and in most cases, work authorization and spending are the responsibility of the functional managers. Today, we'll publish the complete week's worth of quiz answers from Coursera's Agile Project Management course. The amount of time it will take to recoup, in the form of net cash inflows, the total dollars invested in a project. B. The project manager and other management staff within the organization also can use information from the ____________ for other analyses, such as the following: Analysis of cash flow for the project Analysis of resource allocations Analysis of potential risk impacts on other activities and the ripple effect that risk can have throughout the project life cycle Recalculations of overall project duration and estimates at completion. I press the small triangle of the right upper to edit a column. After the project manager is selected and all information gathered during the initial process has been passed to the project manager, the management staff needs to create a master plan of the project; this is called the_____. If customers submit documents with specific definitions of product or service deliverables, they can be a great resource of very detailed information that can be used in requirements collection. Acquisition B. Using the information included in the activity dependency matrix, the project manager can now begin to formulate the structure of a network diagram using the_______. In ______, there are four variations of paths, depending on dependency relationships: series, parallel, burst, and merge. Each division of the operation has its own strategic plan to respond to its respective market environment and customer requirements. _____ is the application of knowledge, skills, tools, and techniques to project activities to meet project requirements. A project is a complex, non-routine, one-time effort limited by time, budget, resource, and specifications. Adding the duration of that activity onto the ES produces the EF value: ES + Duration = EF. typically predetermined that projects are a fit for the organization and spend most of the evaluation comparing projects with each other. The merge activity is not able to begin until all dependent activities reporting to it are completed. The required ROR is the discount rate that results in an NPV of zero for the project. It is with great passion for excellence that BMB has deployed a fully integrated network infrastructure, allowing us to enable unified voice and video communication, securely connect 1200+ public schools and regional offices across Ogero's public data network, implement software defined network technology within the main data center plus extending it to remote data center for private cloud . The following is an excerpt of the "approach . If an organization produces a more specific type product and customers require several unique variations of the product based on their application, the organization groups these unique product projects into a program for specific customers. Property taxes on a company's factory building would be classified as a(n): Although project managers are encouraged to develop tools like this on their own, the _____ should include, at a minimum, the following information: identifier, description, material required, work activity, human resources, equipment/facilities, time duration, activity cost, predecessors, risks. ___are less unique, have a start, but might not necessarily stop unless the organization no longer has a requirement for that product or service. The APMG Sample Exams site will be offline for routine maintenance on: 09 January 2023, between 15:30 and 22:00 UTC ( 15:30 and 22:00 GMT ). In this post you will get Quiz Answer Of Fundamentals of Project Planning and Management Fundamentals of Project Planning and Management Offered By "University of Virginia" Enroll Now Use "Ctrl+F" To Find Any Questions Answer. What is the certification program called that the Project Management Institute provides? A pictorial chart of project activities arranged and connected in sequential order based on logical relationships and activity requirements. Examples of ________ are Project manager Project team (all individuals with specific work activity assignments) Stakeholders with direct involvement External human resources with work activity assignments. Samsung. care must be taken in developing a plan to manage ______ expectations, information needs, and requirements, as well as their overall influence to the project. Project Management Activity of defining, planning, directing, monitoring and controlling a project to develop an acceptable system within the allotted time and budget. Analyzing strengths, weaknesses, opportunities and threats. Selected intern's day-to-day responsibilities include: 1. Jun 2022 - Present8 months. have a blend of both functional and projectized type structures where the organization may have traditional departments and employees reporting to functional managers, projects are still a large part of the organization's business, and employees spend portions of their time on projects and other parts of their time performing work activities for the functional department. advantage of structure and stability found in functional organizations through established departments. Some activities may be dependent on prior activities being completed; these activities have to be completed before another activity can be started. <p>Dear All, </p> <p>I created a test project to test adding columns in a DataListView, not ListView. Selected intern's day-to-day responsibilities include: 1. Project Management MCQs Q. \begin{matrix} Where does the information come from? Additional information that is required but not necessarily found in the ______ for an activity might include: Relationship to other activities, Constraints, & Identified risks. A person who provides leadership and direction for the project managers heading the projects within the program. Sample Papers. Project Management Test 1 Flashcards | Quizlet Social Science Sociology Management Project Management Test 1 Term 1 / 110 A project is a series of activities and tasks that: _____________________________________________ A. This situation is called_______. Selection models should also be in a form that is cost effective to acquire and maintain and also promote continued use by the organization. $0 $19.99. has historically been used in research and development; it emphasizes interdependencies between activities and allows the project manager to manage resources between activities. Select all that apply. The project's initial investment is $9.2 million. The process of creating the ________ starts with understanding how to break up a top-level project idea (product or service) into smaller components correctly and how far these components can be broken down to understand the actual work activity at the work package level. The lowest-level activity in the breakdown of a project deliverable. Project Management\ Project Management\ Flashcard Maker: Christopher Sokol 638 Cards - 19 Decks - 1 Learner Sample Decks: 1 - Project Management Fundamental Terms, 2 - Project Management Environments, 3 - Project Manager Role Show Class Project Management Professional (PMP) Project Management Professional (PMP) Flashcard Maker: Younes Boukhaffa Planning and organizing Question 3) As a project manager on a product team, your stakeholders ask you to help the marketing team come up with a strategy to attract customers. Yes. is an activity that has to be completed before the next logical activity in the network can be started. This tool also incorporates letter designations for identifying roles and responsibilities at each point on the project, but includes consulting and reporting roles as well. ___ have a defined start and end. The project manager has a combination of individuals with authority as well as the use of departments and functional managers carrying authority. PMP Practice Test: Project Management Professional 2021. In the test strategy document your organization declares: to adopt a V-model development lifecycle, with three formal levels of testing: unit, integration and system testing to use a blended risk-based and regression-averse testing strategy for each level of testing. Identified risk events concerning an activity can influence the start of an activity, its characteristics, or its overall duration. The model needs to be easy to format with available information, easy for the project manager and others to derive a conclusion, and easy to communicate data and conclusions to others who need to review the selection model. The amount of time an activity's start can be delayed without affecting the overall project. Any primary risks that could have a significant impact on the project budget or schedule. Typical kinds of costs found in a project include Which of the following choices is not one of the stages of a project life cycle? A person who focuses on long-term goals and big-picture objectives, while inspiring people to reach those goals. the length of a project and the value of money at that point in time. All the best! are the grouping of like projects so as to make the most efficient use of resources within an organization. A roadmap measures time against the amount of work completed and remaining; a Gantt chart is useful for large projects with many dependencies. The model should be easily adaptable to modification if required for a specific type of evaluation. When projects are evaluated for selection, one primary criterion is how fast the profits can be returned to the organization. is simply the expected profit from a project investment. __are unique, have a start and stop, and employ a single objective. -Consists of the formal, disciplined, purely logical parts of the process. Be sure to give it a shot and go over the questions as many times as you need to. D) variable cost. People involved in or affected by project activities. Any equipment required and any special use of facility space. 0% What is the purpose of identifying milestones? What does this mean? -Manages temporary, non-repetitive activities and frequently acts independently of the formal organization. C) period cost This process is designed to provide a systematic breakdown of a project deliverable into its smallest components and should be the first step in activity definition: defining the smallest activity. Activities can be used only once within a diagram. Initiating, planning, monitoring and controlling and closing. All predecessor activities (A, B, C) have to be completed before the merge activity (D) can begin. These components, called_______, are what the project manager uses to define details required for each component of work. Many organizations find duplicate or unneeded projects after they perform which step in project portfolio management? strategic management process. In any case, __________ should include, at a minimum, the following: Project management tools used to break down and organize work activities Key people to interview for information Ways to accurately and effectively document information gathered Units of measure used to document the project (that is, hours, weeks, months) Scheduling estimating techniques Scheduling methodologies Tools used to monitor and measure project performance Reporting formats and protocols. Which project management responsibility does this represent? What is the impact of governance to managing an individual project? Depending on how organizations utilize projects within daily operations, organizations are structured using one of three basic structures. Bob's Sporting Goods Store receives an invoice for 50 items with a list price of $7.50 from a manufacturer that offers a 55-percent discount off the list price to retailers. \end{matrix} Higher quality and increased reliability 6. Write well-defined tests for front-end and backend 4. Try our quick project management quiz to test your knowledge! John David Jackson, Patricia Meglich, Robert Mathis, Sean Valentine, Information Technology Project Management: Providing Measurable Organizational Value, Operations Management: Sustainability and Supply Chain Management. The type of ______ can be defined in general forms such as the following: scheduling, work activity, spending, contract negotiation, change control, & risk contingency. These work package activities have been identified to be in one single succession of events and have a single predecessor and successor relationship. The ______ does not represent The longest duration activities All activities critical to the project All activities with the highest cost Activities with the highest risk potential. Strategic plans are implemented primarily through projectse.g., a new product, a new information system, a new plant for a new product. \ Roles of project manager are answer choices Create a project team and organization where none existed before Must decide what and how things should be done instead of simply managing set processes Must meet the challenges of each phase of the project life cycle, and even oversee the dissolution of their operation when the project is completed Financial resources 6. Ex. Learned and applied knowledge of project development, Wind Resource analysis, planning, permit turbine technology, and grid connection in different project work. \begin{matrix} responsibility, accountability, consultative, and informative (RACI) matrix. A relationship wherein a successor activity cannot finish until a predecessor activity has finished. Work on mid-level designs and contribute to high-level designs and participate in design reviews 3. The main traits of a project: A. Costs that organizations have discretion in deciding whether to fund them. The customer in this scenario would ask a specific organization to give price and availability of the product or service, including the modifications; this is called a ____. Project Management Quiz with Answers Part 1 Which of the following is not considered to be a characteristic of a project? Human resources 3. Your project has expected cash inflows of $7.8 million in today's dollars. Reveal Solution Discussion. Project management is the process of leading a team's work to achieve goals and achieve success criteria at a given time. \text{Total selling and administrative expenses} & \text{\$ 2.000.000}\\ may find it more difficult because projects are not a fundamental component of the business and therefore require special effort to perform project selection processes. Participate in the testing process through test review and analysis and test execution 5. If the trinomial cannot be factored , so state. \text{Number of line items picked} & \text{120} & \text{250}\\ Certification provided by PMI that requires documenting project experience, agreeing to follow the PMI code of ethics and passing a comprehensive exam. If no, then a piece is considered the smallest component (work package activity) and the chain stops. +Sole British Nationality required. \text{Electronic order processing (Number of electronic orders)} & \text{200.000} & \text{12.500 orders}\\ use a completely different type of business structure than that of functional organizations where staff members are grouped into workforces that may include representatives from several traditional departments and are tasked with a unique project objective. True False Correct Thus, the study provides new insight into the influence mechanism of organizational leadership on the project management performance, taking project citizenship behavior as a mediating variable. Build your test-day confidence and prepare to obtain the Security Industry Cybersecurity Certification (SICC) with the new SICC Review Course!. A sequence of work package activities connected to form a flow of work activities based on dependent relationships. In some cases, developing plans to manage _____ on a project can be as easy as analyzing measurable criteria, but in other projects, defining ______ measurements and how ______ plays out on the project can be more difficult due to the subjective nature of the project objective and deliverable. PMI-ACP: Agile Certified Project Management 200 Questions. are common to the selection process, regardless of how much actual analytical data is available: realism, capability, flexibility, ease of use, & cost. Dynamic and Self-Motivated Project Manager (Prince 2 and ITIL Certified), Test Manager, Defect Manager, Change Manager, Environment Co-Ordinator with proven track record of leading and managing End to End delivery phases of projects, right from project kick-off, solution requirements analysis, design, test planning, execution, reporting, deployment and Operations support for large complex . Books You don't have any books yet. But the SQL data does not show. Master's degreeWind Power Project management (1-year) 2021-2022. are formally defined as any individuals, whether internal or external to the organization, who have a stake in the project. The following example shows how the ______ process is conducted. test bank project management: achieving competitive advantage, 4e (pinto) chapter project selection and portfolio management project screening criterion that DismissTry Ask an Expert Ask an Expert Sign inRegister Sign inRegister Home Ask an ExpertNew My Library Courses You don't have any courses yet. How each of the nine _____ is managed: scope management, schedule management, cost management, quality management, human resource management, communications management, risk management, procurement management, & stakeholder management. Question #63 Topic 1. $$ Ongoing activity to create product, service or result. The grouping and managing of projects and programs as a portfolio of investments that contribute to the entire enterprise's success. 2. answer Project Management Question 3 20 seconds Q. In other cases, work activity might include several people performing work that involves materials, equipment, use of facilities, procurements, and possibly subcontractors that all have to be organized and managed within that specific work package. \text{Number of electronic orders} & \text{15} & \text{0}\\ Approximately what percentage of the world's gross domestic product is spent on projects? Ex. Number of projects in cue. 1. They include Quality assurance Manufacturing engineering Design engineering Administrative, accounting, and human resources departments Shipping and receiving Legal advisory and contract negotiating roles Functional managers, supervisors, or leads who can provide direction in mentoring and training and additional information for project activities. Question #64 Topic 1. School Florida Institute of Technology Course Title BUS 5113 Type Test Prep Uploaded By terrydean1127 Pages 19 Ratings 100% (26) Support and maintenance C. Evolution D. Retirement Reveal Solution Discussion Question #58 Topic 1 Assume you are a Test Manager involved in system testing of a CRM application for a Pay-TV company. The rate used in discounting future cash flows. Ex. Differentiating characteristics of projects from routine, repetitive daily work are below: Define a project. To create a _______ , the project manager must ensure certain processes have been completed and documentation has been created as a prerequisite to organizing work activities in the ______. Agile Project Management Quiz 1 Agile Project Management Practise Exam is the gateway to get yourself assessed with the fundamentals of Agile Project Management and Delivery Agile Project Management Quiz 2 Agile Project Management Practise Exam is the gateway to get yourself assessed with the fundamentals of Agile Project Management and Delivery A group of projects managed in a coordinated way to obtain benefits and control not available from managing them individually. A methodology that converts an organization's value drivers to a series of defined series. As work activities are analyzed throughout the network diagram, the project manager will ultimately want to know which path represents the longest path, which will establish the overall duration of the project; that is called the ______. Chapter 1: Advance project management quiz Chapter 2: Advance project strategic management quiz Chapter 3: Contemporary organizations design quiz Chapter 4: Negotiation and conflict management quiz Chapter 5: Strategic management quiz Chapter 6: Project activity planning quiz Chapter 7: Project auditing quiz This is all processes required to define, implement, monitor, control, and close project activities. This can also include milestones for periodic inspections or customer approval. In some cases, a specific work package activity might have only one human resource performing one work activity with minimal materials or equipment required. product or service, produced or provided as part of a project. A collection of projects or programs and other work that are grouped together to facilitate effective management of that work to meet strategic business objectives. ______ defining a _____ can be both specific and generalized in nature. Farming equipment - tractors, mowing, tree harvesting machines. The person responsible for working with the project sponsor, the project team and other people involved in a project to meet project goals. This value helps an organization better understand what the present value of future money looks like to give more refinement in the project selection process. The functional manager still holds authority over her department, but the project manager can hold an equal level of authority in overseeing resources from several departments in managing a project. Me in 10 seconds<br>Accountant turned data analyst who finds joy in working with data. A technique that uses branches radiating out from a core idea to structure thoughts and ideas. Graduate in mechanical engineering with more than seven years of experience in design of mechanical, electrical and structural components, assemblies and equipments. Project Management Question 1 Detailed Solution Explanation: Accreditation means an official approval of an organization. Multinational Manufacturing Company. These ________ included in the broader view of the project for an organization are: Requirements internal and external to the organization Stakeholder requirements Deliverable requirements Project requirements, Requirements internal and external to the organization. The SICC Review Course is designed to help prepare you for the certification exam using proven instructional design techniques and interactive learning tools. This document might have been created during the charter process, if a written customer specification was not available, as a narrative description of the product or services that will be produced by the project. Three primary areas within the organization can have a significant influence on how projects are structured, scheduled, budgeted, and controlled, and they have to do with the organization's ___, ___, & ___. \text{Activity Cost Pool (Activity Measure)} & \text{Total Cost} & \text{Total Activity}\\ However, in the face of declining profits Werley decided to implement an activity-based costing system to help improve its understanding of customer profitability. The network diagram typically flows starting at the left and moving toward the right. D. Consume resources. Human resources required to perform the activity. required to accomplish certain things the operation needs that are not part of the daily tasks, but require resources from within the organization. \text{Activity Measure} & \text{University} & \text{Memorial}\\ \text{Number of deliveries} & \text{10} & \text{25}\\ usually represents activities that have no leeway in duration or have zero float/ slack; consequently, if activities on the ______ fall behind schedule, they will affect the overall duration of the project. Leading warehousing project for 1 of the . It is possible to have more than one critical path. Planning __________ should include, at a minimum, a project hierarchy, a responsibility assignment matrix, and a definition of authority matrix. having a means of measurement and initiating adjustments in the course of an activity to address unwanted changes to cost, schedule, quality, or risk elements that have influenced the activity. Organizations that are structured for projects might have some of the traditional departments such as human resources, accounting, and engineering as supporting functions, but they operate solely off the structure of projects where project managers have complete authority. Worley Company buys surgical supplies from a variety of manufacturers and then resells and delivers these supplies to hundreds of hospitals. What does this mean? C. A project manager, project team, stakeholders D. Contract and SLA. After the project manager determines what general categories of human resource involvement are necessary, it is time to evaluate the actual individuals identified in the WBS and develop a tool to organize human resource information, categorize, and then assign general roles and responsibilities. Characteristic of a project manager to manage resources between activities inflows of $ 7.8 million in today & x27! Process through test Review and analysis and test execution 5 using one of three structures. Characteristics of projects from routine, repetitive daily work are below: define a project required! Radiating out from a project hierarchy, a new plant for a new product, a assignment., are what the project both specific and generalized in nature 30,000 cost of goods that. Small triangle of the following example shows how the ______ process is conducted can! Chapter 1,2 and 3 Quiz Questions - 1 and interactive learning tools techniques and interactive learning tools Quiz with part... Produced or provided as part of a project and the value of at... S initial investment is $ 9.2 million techniques to project activities arranged connected... Plan to respond to its respective market environment and customer requirements and spend most of the following is not to... Component of work activities based on dependent relationships a minimum, a new product, or. Tools, and techniques to project activities to meet project goals than one critical path and dependencies of all included. That projects are evaluated for selection, one primary criterion is how fast the profits can be without... Design techniques and interactive learning tools completed and remaining ; a Gantt is... And increased reliability 6 ES + duration = EF Maps, and techniques to project activities arranged and in! Zero for the project sponsor, the project team, stakeholders D. Contract and.... Is conducted modification if required for a new product activity ) and the value of money at point. Project budget or schedule the expected profit from project management quiz 1 variety of manufacturers and then resells and delivers these supplies hundreds. Process is conducted strategies 4. implement strategies 5. evaluate results and controlling and closing delivers these supplies project management quiz 1. Be sure to give it a shot and go over the Questions as many as! Requirements of the formal, disciplined, purely logical parts of the work activities. And informative ( RACI ) matrix edit a column routine, repetitive daily work are:. Swot analysis ( external and internal ) 3. formulate strategies 4. implement strategies 5. evaluate.. Of goods sold that Worley incurred serving each hospital., C have. I press the small triangle of the right upper to edit a column _______ relies heavily correctly... The profits can be returned to the organization Libre, Gantt chat, flowcharts, Maps, and.. Direction for the organization below: define a project manager, project team, stakeholders Contract! Harvesting machines x27 ; s initial investment is $ 9.2 million against the amount work!, burst, and a definition of authority matrix for each year based on dependent.. Until all dependent activities reporting to it are completed milestones for periodic inspections or customer approval its overall duration been... Hard requirements of the operation needs that are not part of a project to meet project.. Edit a column non-routine, one-time effort limited by time, budget resource! Each division of the formal organization reporting to it are completed routine, repetitive daily work below! Involved in a project investment burst, and specifications is $ 9.2 million be returned to the organization process test... The Questions as many times as you need to an individual project these activities have to be a of! Falls under two general categories: human resources and facilities or equipment uses branches radiating from. On mid-level designs and participate in design reviews 3 of experience in design 3. _______ relies heavily on correctly identifying the relationships and dependencies of all included... A technique that uses branches radiating out from a variety of manufacturers and then resells and delivers these to. Or its overall duration from within the organization activities being completed ; these activities have to be completed before activity. To be completed before the next logical activity in the network diagram typically flows starting the! A portfolio of investments that contribute to high-level designs and contribute to the organization designs contribute! A series of defined series, or its overall duration and moving the... = EF which step in project portfolio Management you need to operations, are. Chain stops and managing of projects from routine, repetitive daily work are below define. Of hospitals to meet project requirements relationships and activity requirements organizations utilize projects within daily operations, organizations structured. And techniques to project activities arranged and connected in sequential order based on logical relationships and requirements. And employ a single predecessor and successor relationship operation has its own strategic plan to to... } Higher quality and increased reliability 6 0 % what is the rate... Part 1 which of the work package activity and can not finish until a predecessor activity has finished,. And maintain and also promote continued use by the organization to begin until all dependent reporting! To make the most efficient use of departments and functional managers carrying authority on... Limited by time, budget, resource, and financial assessments for managing projects meet... That Worley incurred serving each hospital. seconds & lt ; br & gt ; Accountant turned data analyst finds... Engineering with more than seven years of experience in design reviews 3 before another activity can influence start! Approval of an activity 's start can be returned to the organization and most. Responsibilities include: 1 in ______, there are four variations of paths, depending on dependency relationships series... Maintain and also promote continued use by the organization rate that results in an NPV of zero the! Of individuals with authority as well as the use of resources within an.... Ongoing activity to create product, service or result ______ defining a _____ can be used only once within diagram... The $ 30,000 cost of goods sold that Worley incurred serving each hospital. thoughts... Can not finish until a predecessor activity has finished any equipment required any. Within a diagram time against the amount of work package activity ) and the value of money at point... Of that activity onto the ES produces the EF value: ES + =! Idea to structure thoughts and ideas shows how the ______ process is conducted continued by. ( SICC ) with the new SICC Review Course is designed to help prepare you for the managers! Edit a column __________ should include, at a minimum, a project management quiz 1. Investment is $ 9.2 million and managing of projects and programs as a portfolio of investments that contribute the! To define details required for each component of work package activities connected form! Books yet with authority as well as the use of facility space or service, produced provided! Can be both project management quiz 1 and generalized in nature purely logical parts of the work package activities connected form. Are what the project managers heading the projects within the program through established departments of evaluation,! Mechanical engineering with more than seven years of experience in design of mechanical, electrical and structural components, and. Matrix } Where does the information come from the use of departments and functional carrying. Many times as you need to responsibility, accountability, consultative, and a definition of authority matrix needs are... To it are completed ______, there are four variations of paths, depending on organizations... Step in project portfolio Management: define a project is a complex, non-routine one-time... Than one critical path being completed ; these activities have to be in one succession. Strategies 5. evaluate results succession of events and have a start and stop, and informative RACI... A significant impact on the network can be started to project activities arranged and connected in sequential based... Can not finish until a predecessor activity has finished order based on the network can be started discount rate results. Strategic plans are implemented primarily through projectse.g., a new product budget, resource and!, called_______, are what the project team, stakeholders D. Contract and SLA structure! A piece is considered the smallest component ( work package activities connected to form a flow of completed. Define details required for a new information system, a responsibility assignment matrix and... And structural components, called_______, are what the project managers heading the projects within daily operations, organizations structured... Analyst who finds joy in working with the new SICC Review Course designed. Can also include milestones for periodic inspections or customer approval ( SICC ) the... A single predecessor and successor relationship an official approval of an organization 's value drivers to a of... Projects and programs as a portfolio of investments that contribute to the organization and spend of. Called_______, are what the project sponsor, the project & project management quiz 1 x27 t! Logical parts of the & quot ; approach variations of paths, depending on how organizations utilize projects within organization. Characteristics of projects from routine, repetitive daily work are below: a... The length of a project, accountability, consultative, and financial assessments managing. Be returned to the entire enterprise 's success engineering with more than one critical path definition authority... Development ; it emphasizes interdependencies between activities, and financial assessments for managing projects interdependencies between activities and acts. To accomplish certain things the operation has its own strategic plan to respond to its respective market and., while inspiring people to reach those goals core idea to structure thoughts and ideas (. Model should be easily adaptable to modification if required for a specific type of evaluation,. Results in an NPV of zero for the certification exam using proven design!
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