Fundamentals Of Project Management 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 Fundamentals Of Project Management flashcards as text
Which document formally authorizes a project and gives the project manager authority to apply organizational resources?
Answer: Project Charter
The Project Charter formally authorizes the project's existence and grants the project manager authority to use 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 definition, a project is temporary (has a defined start and end) and produces a unique deliverable.
What is the term for the approved version of the project scope, schedule, and cost that can only be changed through formal change control?
Answer: Baseline
A baseline is the approved snapshot of scope, schedule, or cost used to measure project performance.
Which process group involves defining and authorizing a new project or project phase?
Answer: Initiating
The Initiating process group formally starts a project or phase by defining objectives and getting authorization.
The triple constraint in project management refers to balancing which three factors?
Answer: Scope, Schedule, and Cost
The triple constraint (iron triangle) states that scope, schedule, and cost are interdependent and changing one affects the others.
Which project management role is responsible for providing resources and support for the project while championing its success at the executive level?
Answer: Project Sponsor
The project sponsor is the senior executive who champions the project, provides funding, and removes organizational obstacles.
What is a milestone in project management?
Answer: A significant point or event in a project with zero duration
Milestones mark significant events or achievements in a project and have no duration of their own.