PMP - Flash Cards Project Academy PDF

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Section: Introduction & The Environment in Which Projects Operate
Temporary endeavor with a

What is a Project? beginning and end. It creates
a unique product, service or
result
Market Demand, Social

Need, Legal Requirement,
Reasons for project initiation
Customer Request,
Technological Advance etc.
Development a software
application that will receive,
Example of a project record and prioritize the
incidents received by
customers.
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Most of the work being done

Operational Work in organizations which is
ongoing and repetitive.
Handling customer incidents

Example of an operational through a software
work application which are
received daily.
Application of knowledge,
What is Project skills, tools and techniques to
Management? project activities to meet the
project requirements.
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Initiating, Planning,
What are the process groups
Executing, Monitoring &
of project management?
Controlling ,Closing
Group of projects which are

Program is …
related with each other.
Development of the
entertainment system of a
Example of a program car with following projects:
Connection Manager, Display
Screen … etc.
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Group of programs which

might not be related
Portfolio is …
however serve for the same
business goal.
A car manufacturer aims to

produce three new car
Example of a portfolio models in next three years
to be the most convenient
car manufacturer for women.
Department centralizes the

Project Management Office
management of projects in
(PMO)
an organization.
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What are the three different

Supportive, Controlling and
types of PMO structures in
Directive
organizations?
Functional Manager,
Project manager can report
Program Manager or
to…
Portfolio Manager
The most important

interpersonal skill for a Communication
project manager is …
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What are the three different

Supportive, Controlling and
types of PMO structures in
Directive
organizations?
What needs to be achieved

Project objectives are …
as a result of project.
Who is responsible for

Project Manager
meeting project objectives?
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There is a trade-off between Project Requirements and

… Project Objectives
Time, Cost, Scope, Quality,

The most common project
Customer Satisfaction, Risk
constraints are …
and Resources
Plans, processes, policies,

procedures and knowledge
Organizational Process Assets
bases specific to and used by
the performing organization.
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Conditions that are not

under the control of the
Enterprise Environmental
project team, that influence,
Factors
constrain or direct the
project.
-Organizational culture,
structure, and governance.
Examples of Enterprise
Environmental Factors -Government or Industry
Standards
-Political Climate
Marketplace Conditions
People whose interests may

Stakeholders be positively or negatively
impacted by the project.
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Provides the project manager

and team with structure,
Project Governance processes, decision-making
models and tools for
managing the project.
Project Manager and the

Project Team group of individuals who
perform the project work.
What are the three common

Functional, Projectized and
organizational structure
Matrix
types?
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The most common

organizational structure type Functional
is …
Which of the organizational

structure types give the most
Projectized
control and authority to the
project manager?
In which type of organization

team members report to
Matrix
functional managers and
project managers?
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Acts as staff assistant and

Project Expediter communications coordinator.
Cannot make any decision.
Acts like project expediter

Project Coordinator however he or she can make
some minor decisions.
-Team members report to

only one supervisor
Advantages of Functional
Organization -Similar resources are
centralized and managed
easier.
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No career path in project

Disadvantages of Functional management.
Organization The project manager has
little or no authority.
Efficient project organization
Advantages of Projectized Loyalty to the project.

Organization More effective
communications than
functional
Lack of professionalism in
Disadvantages of Projectized disciplines.
Organization Less efficient use of
resources.
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Highly visible project

Advantages of Matrix objectives.
Organization Maximum utilization of
scarce resources.
Extra administration is
required.
Disadvantages of Matrix
Organization More than one boss for
project teams.
More complex to monitor.
and control
Starts from conception of a

Product Life Cycle new product to its
withdrawal.
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predictive, iterative,
Development Lifecycles can
incremental, adaptive or
be …
hybrid.
Collection of related
Project Phases are … activities that will produce a
meaningful deliverable.
Held at the end of a phase

Phase Gates for review of business case,
Project charter, plans etc.
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Business case and benefits

Business Documents include
management plan.
Who is accountable for

preparing the business case Project Sponsor
document?
-Business needs
-Analysis of the situation
Business Case covers …
-Recommendation
-Evaluation
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Defines the processes for

creating, maximizing and
Benefits Management Plan
sustaining the benefits
provided by a project.
-Strategic alignment
Benefits Management Plan -Timeframe for realizing
covers … benefits
-Benefits owner
Selecting appropriate tools,

Tailoring techniques, procedures etc.
to manage a project.
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Online PMP Training

What Our
Community Says
“The PMP course materials of Master of Project Academy was excellent… PMP
online training from MoPA is the foundations of my PMP pass success. The
additional PMP Exams & Maths Lectures were of the best quality of the
practice exams I utilized… My performance was 'Above Target’ for all five
domains. This is the highest PMP pass score a candidate can get!
Donald Wheeler, senior technology-consulting principal with years of experience working
primarily for consulting organizations Accenture and IBM.
Works at RGP, USA
“Instructor teaches theoretical concepts of project management in an easier

and very understandable manner! He gives real-world project examples and
enables you to understand concepts clearly. Questions and solutions of the
questions at the end of each section completes the concepts covered in the
section.
Vasilisa Ivchenko, Project Engineer
Works at Gazprom, Russia
“Definitely I would recommend Master of Project Academy to friend &

colleagues. It is very good value for money compared to other online
training resources. You have flexibility to complete your course at your own
pace. Course material & tools help you to prepare yourself in very short
time span for the exam.
Rahul Kamble, Assistant Manager
Works at Pall Corporation, India
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https://masterofproject.

Online PMP Training

500,000+ 180+ 99.6% First Attempt 30-Day Money Back

“Designed and led by seasoned industry professionals with a deep well of

Professionals enrolled from 100+ companies including

Online PMP Training

Section: Introduction & The Environment in Which Projects Operate

Temporary endeavor with a

Market Demand, Social

Online PMP Training

Most of the work being done

Handling customer incidents

Online PMP Training

Group of projects which are

Online PMP Training

Group of programs which

A car manufacturer aims to

Department centralizes the

Online PMP Training

What are the three different

The most important

Online PMP Training

What are the three different

What needs to be achieved

Who is responsible for

Online PMP Training

There is a trade-off between Project Requirements and

Time, Cost, Scope, Quality,

Plans, processes, policies,

Online PMP Training

Conditions that are not

People whose interests may

Online PMP Training

Provides the project manager

Project Manager and the

What are the three common

Online PMP Training

The most common

Which of the organizational

In which type of organization

Online PMP Training

Acts as staff assistant and

Acts like project expediter

-Team members report to

Online PMP Training

No career path in project

Efficient project organization

Advantages of Projectized Loyalty to the project.

Online PMP Training

Highly visible project

Starts from conception of a

Online PMP Training

Held at the end of a phase

Online PMP Training

Business case and benefits

Who is accountable for

Online PMP Training

Defines the processes for

Selecting appropriate tools,

Check Out Online PMP Training

Online PMP Training

“Instructor teaches theoretical concepts of project management in an easier

“Definitely I would recommend Master of Project Academy to friend &