Initiating Process Group What are the Project Management Processes included in the Initiating Process Group ?

Correct Answer: This section identifies and describes the five Project Management Process Groups required for any project These five process Groups have clear dependencies and are performed in the same sequence on each project The five Process Groups are : Initiating Process Group - Defines and authorizes the project or a project phase Planning Process Group - Defines and refines objectives, and plans the course of action required to attain the objectives and scope that the project was undertaken to address Executing Process Group - Integrates people and other resources to carry out the project management plan for the project Monitoring and Controlling process Group - Regularly measures and monitors progress to identify variances from the project management plan so that corrective action can be taken when necessary to meet project objectives Closing Process Group - Formalizes acceptance of the product, service or result and brings the project or a project phase to an orderly end

Correct Answer: Plan-do-check-act cycle

Correct Answer: Project-based Organizations are those whose operations consist primarily of projects Non Project-based organizations often may lack management systems designed to support project needs efficiently and effectively

Correct Answer: Project Stakeholders are individuals and organizations that are actively involved in the project, or whose interests may be affected as a result of project execution or project completion Stakeholders may have a positive or negative Positive stakeholders are those who would normally benefit from a successful outcome from the project, while negative stakeholders are those who see negative outcomes from the project's success

Correct Answer: A deliverable is a measurable, verifiable work product such as a specification, feasibility study report, detailed design document, or working prototype

Correct Answer: Develop Project Management Plan Scope Planning Scope Definition Create WBS Activity Definition Activity Sequencing Activity Resource Estimating Activity Duration Estimating Schedule Development Cost Estimating Cost Budgeting Quality Planning Human Resource Planning Communications Planning Risk Management Planning Risk Identification Qualitative Risk Analysis Quantitative Risk Analysis Risk Response Planning Plan purchases and Acquisitions Plan Contracting

Correct Answer: Direct and Manage Project Execution Perform Quality Assurance Acquire Project Team Develop Project Team Information Distribution Request Seller Responses Select Sellers

Correct Answer: Monitor and Control Project Work Integrated Change Control Scope Verification Scope Control Schedule Control Cost Control Perform Quality Control Manage Project Team Performance Reporting Manage Stakeholders Risk Monitoring and Control Contract Administration

Correct Answer: Close Project Contract Closure

Correct Answer: The Integrative Project Management Processes include: Develop Project Charter - Developing the project charter that formally authorizes a project or a project Phase Develope Preliminary Project Scope Statement - Developing the preliminary project scope statement that provides a high level scope narrative Develop Project Management Plan - Documenting the actions necessary to define, prepare, integrate, and coordinate all subsidiary plans into a project management plan Direct and Manage Project Execution- Executing the work defined in the project management plan to achieve the project's requirements defined in the project scope statement Monitor and Control Project Work - Monitoring and controlling the processes used to initiate, plan, execute, and close a project to meet the performance objectives defined in the project management plan Integrated Change Control - Reviewing all change requests, approving changes, and controlling changes to the deliverables and organizational process assets Close Project - Finalizing all activities across all of the Project Management Process Groups to formally close the project or a Project phase