Chapter 1 Answer Key

1.1: Project Definitions

Video 1.2: Scope Triangle and the Project Priority Matrix

Accept Constrain Enhance
Time Will allow project to be late Must meet deadline Get done sooner if possible
Cost Will allow project to cost more Can’t spend a dime more Complete more cheaply if possible
Scope Will allow scope to be reduced Have to meet specs Increase scope if possible

Questions: Project Definitions

1. Making cookies at Ripon Good Cookies

2. Developing a new type of 3D printer

3. No

4. Yes

5. No

6. Scope

7. False

8. True

9. True

Matching: Project Definitions

G – The application of knowledge, skills, tools, and techniques to project activities to meet the project requirements

I – Standards body for project management based in North America

E – An Agile Project Management Method

B – A series of coordinated Projects

C – A Project Management Method used when the scope of work is not clear and we need a high level of customer involvement

A – A temporary endeavor undertaken to create a unique product, service, or result

D – Additional constraints on a project

F – Management of a company’s ongoing activities

H – A method that helps to align project selection with organizational strategy


1.2: Project Management Life Cycles and Processes

Questions: Project Life Cycle and Processes

1. Failure to Plan

2. Acting

3. Initiating

4. Closing

5. Monitoring and Controlling

6. Planning

7. True

8.

Diagram of the process groups. Initiating leads to Planning, which leads to Executing. Executing leads either to Closing, or to Monitoring and Controlling. Monitoring and Controlling leads back to Planning, or back to Executing.


1.3: Project Management Standards and Certifications

Questions: Standards and Certifications

1. False

2. False

3. False

4. Contact

5. True

6. False

7. False

Exercise 1

1. By the end of the day on Tuesday, March 19, 2030.

2. Task A, Task B, and Task C

3. Task A, Task B, Task C, Task D, and Task E.

Exercise 2

Answers will vary.

Exercise 3

1. Eight

2. Yes, the PgMP® Program Management Professional. Designed for those who manage multiple, complex projects to achieve strategic and organizational results.

3. Secondary degree: 4,500 hours project risk management experience, 40 hours project risk management education
OR
Four-year degree: 3,000 hours project risk management experience, 30 hours project risk management education

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