Chapter 1/Project Management – Flashcards

Unlock all answers in this set

Unlock answers
question
_____ refers to the process in which organizations group and manage projects and programs as a cluster of investments that contribute to the entire enterprise's success.
answer
Project portfolio management
question
The _____ software integrates information from multiple projects to show the status of active, approved, and future projects across an entire organization.
answer
portfolio project management
question
Project _____ management includes estimating how long it will take to complete work, develop an acceptable project schedule, and ensure timely completion of a project.
answer
time
question
Project _____ management consists of preparing and managing the budget for a project.
answer
cost
question
The question, "What unique product does the customer expect from the project?" is an example of a(n) _____ constraint.
answer
scope
question
Until the 1980s, project management primarily focused on providing _____ and resource data to top management in the military, computer, and construction industries.
answer
schedule
question
High-end tools in project management software have enterprise and _____ functions that summarize and combine individual project information to provide an enterprise view of all projects.
answer
portfolio management
question
Soft skills are also known as _____ skills.
answer
human relation
question
Ethics is a set of principles that guides decision making based on _____ of what is considered right and wrong.
answer
personal values
question
The _____ of project management includes quality, scope, time, and cost constraints.
answer
quadruple constraint
question
A(n) _____ is a temporary endeavor undertaken to create a unique product, service, or result.
answer
project
question
Project management _____ describe the key competencies that project managers must develop.
answer
knowledge areas
question
In project management, the three limitations of scope, time, and cost are referred to as the _____.
answer
triple constraint
question
The question, "What is the project's schedule?" is an example of a(n) _____ constraint.
answer
time
question
Passing the CPA exam is a standard for accountants. Similarly, passing the PMP exam is becoming a standard for _____.
answer
project managers
Get an explanation on any task
Get unstuck with the help of our AI assistant in seconds
New