Concept Flashcards
7 cards from real Project Management practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Concept flashcards as text
Which document formally authorizes the existence of a project and grants the project manager authority to apply resources?
Answer: Project Charter
The Project Charter formally authorizes the project and gives the project manager authority to use organizational resources.
A project is best described as which of the following?
Answer: A temporary endeavor undertaken to create a unique product, service, or result
By PMI definition, a project is temporary and produces a unique outcome, distinguishing it from ongoing operations.
What is the primary difference between a project and a program?
Answer: A program is a group of related projects managed in a coordinated way to obtain benefits not available from managing them individually
A program consists of related projects coordinated together to achieve strategic benefits beyond what individual projects could deliver.
Which concept refers to the progressive detailing of a project's scope as more information becomes available?
Answer: Rolling wave planning
Rolling wave planning is the technique of elaborating project details progressively as information becomes clearer over time.
The triple constraint in project management traditionally refers to which three competing demands?
Answer: Scope, Schedule, and Cost
Scope, Schedule, and Cost form the classic triple constraint, where changing one typically impacts the others.
What term describes the point in a project where a decision is made to continue, redirect, or stop the project?
Answer: Phase gate
A phase gate (also called a kill point or stage gate) is a scheduled review at the end of a phase where continuation decisions are made.
In project management, 'lessons learned' are best captured during which phase?
Answer: Throughout the project and especially during closing
Lessons learned should be documented throughout the project lifecycle and are formally compiled and archived during the closing phase.