Greetings!! can reveal details of project plans; work activities; cost and schedule outcomes; procurements activities; and use of human resources, equipment, and facilities. completion of all courses required for a business major is an example of what? is an activity that has to be completed before the next logical activity in the network can be started. Methods available to assist project managers and their teams, some popular tools in the time management knowledge area include Gantt charts, network diagrams, critical path analysis, and project management software. Structure - Functional, matrix, or projectized. Depending on the information and communication structure of a project, some change requests may be informally introduced; because they are not controlled, they result in extra work activity that may or may not be approved. \text{Electronic order processing (Number of electronic orders)} & \text{200.000} & \text{12.500 orders}\\ Purpose: To maintain uniform standards of nursing education -Governance signals to the project manager that decisions at a higher level can impact the management of an individual project. Record the end duration value for all immediate predecessor LF values. 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. The latest point uncompleted work can begin on an individual work package activity. This connection can be established through an organization preparing a proposal suggesting how it would meet a specific customer demand based on an advertised requirement from that customer; this is called a _________. Collaborate with other teams at the organization. __ is the earliest time an activity can begin (a) EFT (b) LST (c) LFT Project integration management, scope, time, cost, quality, human resources, communications, risk, and procurement management. $1. 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 ___, ___, & ___. False. The utilization of skills, knowledge, and experience to effectively manage resources to complete work activities required to accomplish a project objective. Many organizations find duplicate or unneeded projects after they perform which step in project portfolio management? What does this mean? Q. task. -Consists of the formal, disciplined, purely logical parts of the process. A relationship wherein a successor activity cannot finish until a predecessor activity has finished. 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. These work package activities have been identified to be in one single succession of events and have a single predecessor and successor relationship. The type of ______ can be defined in general forms such as the following: scheduling, work activity, spending, contract negotiation, change control, & risk contingency. 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. the ___ is typically the output of this phase and, if approved, marks the official beginning of the project. Project Management Quizzes Check your mastery of this concept by taking a short quiz. They also use key resources within these departments on projects that allow the organizations the flexibility to produce deliverables in response to changing market conditions. Project management Chapter 1,2 and 3 Quiz Questions - 1. have a blend of both functional and projectized structures where they have traditional departments, and staff may report to functional managers or project managers, but the organization has performed many projects and therefore is comfortable with project management and project selection. 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. All predecessor activities (A, B, C) have to be completed before the merge activity (D) can begin. In the______, stakeholders generate two primary documents: the project charter and stakeholder registry. D) variable cost. What has been the effect of these forces on the management of projects? 100% Off Coupons; an accurate way to evaluate project returns, as it incorporates a discounted cash flow to offset the initial investment. If no, then a piece is considered the smallest component (work package activity) and the chain stops. A firm believer in lifelong learning. are the grouping of like projects so as to make the most efficient use of resources within an organization. The next step in organizing human resources with direct involvement responsibilities is to create a general category describing what functions human resources play on a project. 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. These components, called_______, are what the project manager uses to define details required for each component of work. PMI-ACP: Agile Certified Project Management 200 Questions. A ______ is a temporary endeavor undertaken to create a unique product, service or result. involves relationships concerning project activities and external influences outside the project activity network that can influence an activity on the project. C) period cost ______ can include alignment to the strategic objective of the organization; senior management's endorsement; functional management's cooperation; and human resources, equipment, and facilities. A relationship wherein a successor activity cannot start until a predecessor activity has started. project. Improve customer relations 3. Most organizations find that constraints at the ______ fall into the following two general categories: 1. $0 $19.99. Browse through all study tools. What are five characteristics which help differentiate projects from other functions carried out in the daily operations of the organization? This task can be accomplished using a _________. Costs that organizations must fund to stay in business. Selected intern's day-to-day responsibilities include: 1. It is also important to note whether one work activity cannot be started until a previous activity has been completed in this type of detail; if so, that will create ________ requirements. 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. 1. A person who deals with the day to day details of meeting specific goals. Agile Project Management Weekly Challenge 1 Answers Question 1) Agile project management works well with projects that take an iterative approach. The following example shows how the ______ process is conducted. Or the activities have no direct connection to activities for the project deliverable but are required in the overall project objective. What is the most significant characteristic or attribute of an effective project manager? Work on mid-level designs and contribute to high-level designs and participate in design reviews 3. Defining activities results in an enormous amount of information and details that need to be captured and organized to effectively create a project schedule; this task is accomplished through a ________. Differentiating characteristics of projects from routine, repetitive daily work are below: A defined life span A well-defined objective Typically involves people from several disciplines Information Technology Project Management: Providing Measurable Organizational Value, John David Jackson, Patricia Meglich, Robert Mathis, Sean Valentine, Operations Management: Sustainability and Supply Chain Management, *Factor the trinomial. The main traits of a project: A. $$. D. Consume resources. Property taxes on a company's factory building would be classified as a(n): The calculation for ______ is SLK = LS ES, and for finish is SLK = LF EF. The merge activity is not able to begin until all dependent activities reporting to it are completed. The network diagram typically flows starting at the left and moving toward the right. completion of a required course in project management is an example of what? A technique that uses branches radiating out from a core idea to structure thoughts and ideas. Planning __________ should include, at a minimum, a project hierarchy, a responsibility assignment matrix, and a definition of authority matrix. Strategic plans are implemented primarily through projectse.g., a new product, a new information system, a new plant for a new product. A group of projects managed in a coordinated way to obtain benefits and control not available from managing them individually. Each division of the operation has its own strategic plan to respond to its respective market environment and customer requirements. Net Present Value, Multi-Selection models, Payback, Internal Rate of Return, Multi-weighted score model, John David Jackson, Patricia Meglich, Robert Mathis, Sean Valentine, Information Technology Project Management: Providing Measurable Organizational Value. Where does the information come from? are those areas of the organization that produce output such as a product or service that has an associated cost and will be sold at a higher value to create a profit for the organization. $$ Answer: B "Project is a time-limited endeavor undertaken to create a unique product, service, or result." What is a Project Triple Constraint? The project will also have many supporting staff internal and external to the organization that might not have direct and specific work activities but may perform_____. The utilization of skills, knowledge, and a definition of authority matrix to effectively manage resources to work. Plans are implemented primarily through projectse.g., a new plant for a major... 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