Project Management Flashcards
7 cards from real Business Certifications practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Project Management flashcards as text
What is the primary purpose of a project charter in project management?
Answer: To formally authorize the project and grant the project manager authority
A project charter formally authorizes the existence of a project and provides the project manager with the authority to apply organizational resources.
In which project management process group are the scope, schedule, and cost baselines established?
Answer: Planning
The Planning process group is where baselines for scope, schedule, and cost are developed and established before execution begins.
What does a Work Breakdown Structure (WBS) primarily decompose?
Answer: Total project scope into smaller, manageable components
A WBS hierarchically decomposes the total project scope into smaller, more manageable work packages to facilitate planning and control.
What is the critical path in a project schedule?
Answer: The longest sequence of dependent activities that determines project duration
The critical path is the longest sequence of dependent tasks, and any delay on it directly extends the project completion date.
Which process involves comparing actual project performance to the project management plan?
Answer: Monitor and Control Project Work
Monitor and Control Project Work involves tracking, reviewing, and reporting project progress and performance against the approved plan.
What is Earned Value Management (EVM) primarily used to measure?
Answer: Project schedule and cost performance simultaneously
EVM integrates scope, schedule, and cost data to objectively measure project performance and forecast future performance trends.
In project scheduling, what is float (also called slack)?
Answer: The amount of time a task can be delayed without delaying the project finish
Float (slack) is the amount of time an activity can be delayed from its early start without delaying the overall project completion date.