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what is a project management?

Answer Posted / jaikumar d

Project management is a methodical approach to planning and
guiding project processes from start to finish. According to
the Project Management Institute, the processes are guided
through five stages: initiation, planning, executing,
controlling, and closing.

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Please Help Members By Posting Answers For Below Questions

What is the key activity during Contract Closeout and Administrative Closure? A. Documenting lessons learned B. Creating project archives C. Disseminating information to formalize project closure D. Documenting project closure

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Which performance measurement tells us how much more of the budget is required to finish the project? A. ETC B. EV C. AC D. EAC

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How do you handle conflicts in the Team Management ?

1017


What are the outputs of the Performance Reporting process? A. Performance reports and change requests B. Performance reports and other project records C. Change requests and performance reporting D. Change requests and performance measurements

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During a recent team meeting, you reached a resolution to a problem that's been troubling the team for several weeks. You took responsibility for searching out the facts of this problem and uncovered the right answer to this problem. You presented the facts at the project status meeting, and everyone reached agreement on the recommended solution based on the facts you presented. This is an example of what type of conflict resolution technique? A. Compromise B. Smoothing C. Confrontation D. Forcing

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How do you ensure that your project is always on track?

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Which of the following processes involves receiving bids and proposals and applies evaluation criteria to the proposals to rank order the sequence of award? A. Contract Administration B. Procurement C. Source Selection D. Solicitation

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Your project has recently experienced change. Some of the agreed-upon WBS elements have been changed as a result. What kind of change has occurred? A. Schedule change B. Risk response change C. Quality change D. Scope change

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You are a contract project manager for a wholesale flower distribution company. Your project is to develop a website for the company that allows retailers to place their flower orders online. You will also provide a separate link for individual purchases that are ordered, packaged, and mailed to the consumer directly from the grower's site. This project involves coordinating the parent company, growers, and distributors. You are preparing a performance review and have the following measurements at hand: PV = 300; AC = 200; and EV = 250. What do you know about this project? A. The EAC is a positive number, which means the project will finish under budget. B. You do not have enough information to calculate CPI. C. The CV is a negative number in this case, which means you've spent less than what you planned as of the measurement date. D. The CV is a positive number in this case, which means you're under budget as of the measurement date.

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You are a project manager for the information technology division of a local satellite TV broadcasting company. This spring, the chief information officer for your company gave you the project to convert and upgrade all the PCs in the department to the latest release of a specific desktop application. Prior to this conversion, all manner of desktop software existed on machines throughout the company and had caused increasing problems with sharing files and information across the company. A lot of unproductive hours were spent typing information into several formats. This project came about as a result of which of the following? A. Technological advance B. Business need C. Customer request D. Legal requirement

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You are a project manager for Dutch Harbor Consulting. Your latest project involved the upgrade of an organization's operating system on 236 servers. You performed this project under contract. You are in the Contract Closeout process and have reviewed the contracting process to identify lessons learned. What is the name of the tool and technique of Contract Closeout you used to perform this function? A. Procurement audits B. Performance reviews C. Performance audits D. Procurement reviews

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What is the meaning of scope of the project?

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Which logical relationship does the PDM use most often? A. Start to finish B. Start to start C. Finish to finish D. Finish to start

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Explain the difference between Project management and IT management.

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Theory Y managers believe which of the following? A. That people are motivated only by money, power, or position B. That people will perform their best if they're given proper motivation and expectations C. That people are motivated to achieve a high level of competency D. That people are motivated by expectation of good outcomes

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