Project Management Fundamentals Flashcards

Which document formally authorizes a project and grants the project manager authority to apply organizational resources?

Answer: Project Charter

The Project Charter formally authorizes the project and gives the project manager authority to use organizational resources.

In the context of project scheduling, what is a 'milestone'?

Answer: A significant point or event in the project with zero duration

A milestone is a significant event or point in the project schedule with zero duration, used to mark key deliverables or decision points.

Which conflict resolution technique is considered the most effective for achieving long-term resolution?

Answer: Collaborating (Problem Solving)

Collaborating or problem solving addresses the root cause of conflict and leads to a win-win outcome, making it the most effective long-term resolution technique.

A project manager notices that actual costs are running higher than planned but work is being completed faster than scheduled. Which EVM indicators reflect this scenario?

Answer: CPI 1

CPI 1 indicates schedule efficiency (completing work faster than planned).

What is the primary purpose of a Work Breakdown Structure (WBS)?

Answer: To decompose project scope into manageable work packages

The WBS decomposes the total project scope into smaller, more manageable components called work packages.

Which type of project organizational structure gives the project manager the MOST authority?

Answer: Projectized

In a projectized organization, the project manager has full authority and team members report directly to them.

During project execution, a key stakeholder requests a change that would expand the project scope. What should the project manager do FIRST?

Answer: Evaluate the impact and submit through the integrated change control process

All scope changes must be evaluated for impact and processed through integrated change control before implementation.