PMBOK5 1_2.txt

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Author:
BuzzMan
ID:
224155
Filename:
PMBOK5 1_2.txt
Updated:
2013-06-17 10:49:13
Tags:
What Project
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Description:
What Is A Project
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  1. True or False-
    A project is a temporary endeavor undertaken to create a unique product, service , or result
    • TRUE.
  2. True or False-
    A project has a definite beginning and end.
    • TRUE.
  3. True or False-
    A project ends when:
    the project objectives have been achieved,
    the objectives cannot/will not be met,
    the need for the project no longer exists,
    or the client terminates the project.
    TRUE.
  4. True or False-
    In a project, temporary does not necessarily mean short duration.
    TRUE.

    Most projects are undertaken to create a lasting outcome.
  5. True or False-
    Projects can have social, economic or environmental impacts that outlive the project.
    True.

    T
    he impact of a project typically lasts well beyond the project itself.
  6. True or False
    The outcome of a project can be tangible or intangible.
    True.

    • A project can create:
    • a product,
    • a service,
    • improvement of a product/service,
    • or a result.
  7. True or False-
    Repetition within a project does not change the unique characteristics of the project itself.
    True.

    A Building with same materials, same management team, will be in a different location, different stake holder, etc = unique.
  8. True or False- Ongoing work is a repetitive process that follows the organizations established proceedures.
    True- example would be payroll.
  9. True or False- Project work is unique because of uncertainties in the products or services being created.
    True- project work takes more planning than ongoing work.
  10. True or False- A project can involve individuals, groups of people, organization unit(s), or multiple organizations.
    True.
  11. True or False- A project can create- a product, a component of a product, end item, a capability, a service, improvement of a product/service, or a result.
    True.
  12. True or False- An example of a project could be developing a new product, service, or result.
    True.
  13. True or False- An example of a project could be effecting a change in the structure, prosses, staffing, or style of an organization.
    True.
  14. True or False- An example of a project could be developing or aquiring a new or modified information system.
    True.
  15. True or False- An example of a project could be conducting research.
    True.
  16. True or False- An example of a project could be constructing a building, industrial plant, or infrastructure.
    True.
  17. True or False- An example of a project could be implementing, improving, or enhancing existing business processes and proceedures.
    True.
  18. True or False- A portfolio refers to a collection of projects, programs, sub portfolios, and operations managed as a group to achieve strategic objectives.
    True.
  19. True or False- Programs are grouped within a portfolio and comprised of subprograms, projects, and other work in support of the portfolio.
    True.
  20. True or False- Whether a project is part of a program or not, it is always part of a portfolio.
    True.
  21. True of False-
    Projects and programs are linked to the organizations strategic plan by a portfolio.
  22. TRUE.

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