Lesson 1: Project Management Overview

Question 1

A problem scheduled for solution

Answer 1

Project

Question 2

Making decisions and applying planning, organizing, scheduling, leading, and controlling that meet unique customer and organizational expectations given performance, time, and cost objectives

Answer 2

Project Management

Question 3

Universal application, situational approach, change, and general management basics

Answer 3

Project Management Principles

Question 4

Unit of work within in a project

Answer 4

Task

Question 5

The leading project, program, and portfolio management organization in the world with the purpose of contributing to organizational and individual success through advocacy, collaboration, education, and professional certification

Answer 5

PMI

Question 6

Certification which has an eligibility prerequisite combination of formal general education, project management experience, and specific project management classroom education

Answer 6

PMP

Question 7

Certification which has an eligibility prerequisite combination of a high school diploma or global equivalent and specific project management classroom education (23 hours)

Answer 7

CAPM

Question 8

A guide which represents traditional practices that are widely applied in projects as well as innovative practices emerging in the project management filed. The guide is a subset of published and unpublished materials that are generally recognized as good practice

Answer 8

PMBOK (Project Management Body of Knowledge)

Question 9

Analyze, Advice, Actions. This method can be used as a tool to “frame” you’re thinking as a project manager towards any type of project

Answer 9

AAA Method

Question 10

A sequence of phases that presents a project’s progress from start to finish

Answer 10

Project Life Cycle

Question 11

Consists of creating value, organizational governance, functions supporting projects, internal and external project environment, and project management considerations (how portfolios, programs, projects, and products interact)

Answer 11

Value Delivery System

Question 12

Consists of stewardship, culture of accountability and respect, stakeholder engagement, focus on value, holistic thinking, leadership, tailoring, quality, complexity, opportunities and threats, adaptability, and resilience, change management

Answer 12

Project Delivery Principles

Question 13

Consists of team, stakeholders, life cycle, planning, navigating uncertainty and ambiguity, delivery, performance, project work

Answer 13

Project Domains

Question 14

Relying on past information and making decisions in the present to achieve future objectives

Answer 14

Project Management Foundational Element: Planning

Question 15

Derived from planning; arranging human resources to accomplish objectives

Answer 15

Project Management Foundational Element: Organizing

Question 16

Providing direction and communicating with others that lead to accomplishing objectives

Answer 16

Project Management Foundational Element: Leading

Question 17

Works together with planning; setting objectives, reviewing actual results, and taking actions to minimize difference between objectives and results

Answer 17

Project Management Foundational Element: Controlling

Question 18

Derived from planning; arranging tasks in a time-ordered series to accomplish objectives

Answer 18

Project Management Foundational Element: Scheduling

Question 19

Identifying and selecting between alternatives to accomplish objectives

Answer 19

Project Management Foundational Element: Decision-making

Question 20

This project management principle means it can be applied anywhere and everywhere

Answer 20

Project Management Principle: Universal Application

Question 21

This principle describes how you must depend on recognizing differences and adjusting your project plan properly to achieve success

Answer 21

Project Management Principle: Situational Approach

Question 22

Project management creates and requires this particular principle

Answer 22

Project Management Principle: Change

Question 23

Successful projects are built upon a firm foundation of this type of management

Answer 23

Project Management Principle: General Management