Identifying major deliverables, deciding if adequate cost estimates can be developed, and identifying tangible components of each deliverable are all part of which of the following?
Answer(s): A
What is the function of a Project Management Office (PMO)?
A primary function of a PMO is to support project managers in a variety of ways which may include, but are not limited to:Managing shared resources across all projects administered by the PMO;Identifying and developing project management methodology, best practices, and standards; Coaching, mentoring, training, and oversight;Monitoring compliance with project management standards, policies, procedures, and templates by means of project audits;Developing and managing project policies, procedures, templates, and other shared documentation (organizational process assets); andCoordinating communication across projects.
Which type of analysis systemically gathers and analyzes qualitative and quantitative information to determine which interests should be taken into account throughout the project?
Answer(s): C
13.1.2.1 Stakeholder AnalysisStakeholder analysis is a technique of systematically gathering and analyzing quantitative and qualitative information to determine whose interests should be taken into account throughout the project. It identifies the interests, expectations, and influence of the stakeholders and relates them to the purpose of the project. It also helps to identify stakeholder relationships (with the project and with other stakeholders) that can be leveraged to build coalitions and potential partnerships to enhance the project’s chance of success, along with stakeholder relationships that need to be influenced differently at different stages of the project or phase. Stakeholder analysis generally follows the steps described below:Identify all potential project stakeholders and relevant information, such as their roles, departments, interests, knowledge, expectations, and influence levels. Key stakeholders are usually easy to identify. They include anyone in a decision-making or management role who is impacted by the project outcome, such as the sponsor, the project manager, and the primary customer. Identifying other stakeholders is usually done by interviewing identified stakeholders and expanding the list until all potential stakeholders are included.Analyze the potential impact or support each stakeholder could generate, and classify them so as to define an approach strategy. In large stakeholder communities, it is important to prioritize the stakeholders to ensure the efficient use of effort to communicate and manage their expectations.Assess how key stakeholders are likely to react or respond in various situations, in order to plan how to influence them to enhance their support and mitigate potential negative impacts.There are multiple classification models used for stakeholders analysis, such as:Power/interest grid, grouping the stakeholders based on their level of authority (“power”) and their level or concern (“interest”) regarding the project outcomes;Power/influence grid, grouping the stakeholders based on their level of authority (“power”) and their active involvement (“influence”) in the project;Influence/impact grid, grouping the stakeholders based on their active involvement (“influence”) in the project and their ability to effect changes to the project’s planning or execution (“impact”); andSalience model, describing classes of stakeholders based on their power (ability to impose their will), urgency (need for immediate attention), and legitimacy (their involvement is appropriate).
Which of the following is an output of the Define Activities process?
Process: 6.2 Define ActivitiesDefinition: The process of identifying and documenting the specific actions to be performed to produce the project deliverables.Key Benefit: The key benefit of this process is to break down work packages into activities that provide a basis for estimating, scheduling, executing, monitoring, and controlling the project work.Inputs1. Schedule management plan2. Scope baseline3. Enterprise environmental factors4. Organizational process assetsTools & Techniques1. Decomposition2. Rolling wave planning3. Expert judgmentOutputs1. Activity list2. Activity attributes3. Milestone list
When is a project finished?
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