Basic Concepts of Project Management

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Project Management is about balancing _____, ____, and ____ while achieving a final goal.
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Time, Budget, and Quality.
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The Theory of Project Management is based on these 5 Processes
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Initiating, Planning, Executing, Monitoring, and Controlling
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The ______ _______ is achieved when a series of tasks are completed.
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Project Goal
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The 9 Knowledge Areas include:
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Scope, time, cost, quality, human resources, communication, risk management, and procurement & project integration.
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The triple constraints involve:
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Scope, Time, and Cost.
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Every project must have a ___ ___ ____ ____.
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Start and finish date.
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A ____ is a specific action that needs to be completed in order to achieve the project goal. For example, if your goal is to remodel a kitchen (Project End Goal), one ____ might be “buy new appliances”.
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TASK
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Each task has a ________, or an amount of time required to finish the task.
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Duration
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_________ are the people, equipment, or facilities (such as contractors, trucks, paint, etc.) that need to be assigned to a task in order to complete it.
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Resources
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A ___________ is a person or entity that may indirectly be affected by a project or holds a positive or negative interest in a project.
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Stakeholder
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The _______ _______ is the central person who runs the project and ensures the timely execution of the project plan.
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Project Manager
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_____ is all the work involved in creating the products of the project and the processes used to create them. A clear project goal will help communicate the _____ of the project.
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Scope
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_______ is the degree to which something meets an objective standard. Almost every project and task has implied _______ standards.
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Quality
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A _______ _________ is a task that marks a significant point in time or a progress checkpoint.
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Project Milestone
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One of the leading software tools in Project Management is:
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MS Project
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What was consider one of the first projects completed:
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The Great Wall of China
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Most people consider the _________ _______ to be the first project to use “modern” project and technical managers.
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Manhattan Project
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This is consider the authority in the formal study and profession of Project Management:
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The Project Management Institute
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The _____ chart is the most common view in MS Project.
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GANTT
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What pulls the project manager in opposing directions?
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The Triple Constraint
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Which of the following can be considered a project?
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Losing 10lbs by June!
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Which of the following criterion is key to recognizing that a set of tasks is a project?
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The setting of a start and end date.
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A project may require or involve:
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Risk or uncertainty, a budget, Resources.
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A stakeholder is
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A person or entity that holds a positive interest in a project, may indirectly be affected by a project, and that holds a negative interest in a project.
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A project to expand an airport in a city may have which of the following as a stakeholder with NEGATIVE interest:
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The local residents of the city.
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The formal study of Project Management involves the study of:
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The nine knowledge areas.
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The triple constraint is:
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Factors that pull the project manager in opposing directions.
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What is the authority in the formal study and profession of project management and offers certification in Project Management theory?
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The Project Management Institute
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Project Management Quality is:
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The degree to which something meets an objective standard.
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Which of the following is NOT considered a Project Management knowledge area
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Aesthetic value

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