The process of estimating the type and quantity of material, human resources, equipment, or supplies required to perform each activity is known as:
Answer(s): D
Process: 6.4 Estimate Activity ResourcesDefinition: The process of estimating the type and quantities of material, human resources, equipment, or supplies required to perform each activity.Key Benefit: The key benefit of this process is that it identifies the type, quantity, and characteristics of resources required to complete the activity which allows more accurate cost and duration estimates.Inputs1. Schedule management plan2. Activity list3. Activity attributes4. Resource calendars5. Risk register6. Activity cost estimates7. Enterprise environmental factors8. Organizational process assetsTools & Techniques1. Expert judgment2. Alternative analysis3. Published estimating data4. Bottom-up estimating5. Project management softwareOutputs1. Activity resource requirements2. Resource breakdown structure 3. Project documents updates
Which input to the Identify Stakeholders process provides information about internal or external parties related to the project?
Answer(s): C
Process: 13.1 Identify StakeholdersDefinition: The process of identifying the people, groups, or organizations that could impact or be impacted by a decision, activity, or outcome of the project; and analyzing and documenting relevant information regarding their interests, involvement, interdependencies, influence, and potential impact on project success.Key Benefit: The key benefit of this process is that it allows the project manager to identify the appropriate focus for each stakeholder or group of stakeholders.InputsProject charterProcurement documents Enterprise environmental factors Organizational process assetsTools & Techniques1. Stakeholder analysis2. Expert judgment3. MeetingsOutputs1. Stakeholder register
The Identify Stakeholders process is found in which Process Group?
Answer(s): A
Initiating Process Group4.1 Develop Project Charter13.1 Identify Stakeholders
An input to Develop Project Charter is a/an:
Process: 4.1. Develop Project CharterDefinition: The process of developing a document that formally authorizes the existence of a project and provides the project manager with the authority to apply organizational resources to project activities.Key Benefit: The key benefit of this process is a well-defined project start and project boundaries, creation of a formal record of the project, and a direct way for senior management to formally accept and commit to the project.Inputs1. Project statement of work2. Business case3. Agreements4. Enterprise environmental factors5. Organizational process assetsTools & Techniques1. Expert judgment2. Facilitation techniquesOutputs1. Project charter4.1.1.2 Business CaseThe business case or similar document describes the necessary information from a business standpoint to determine whether or not the project is worth the required investment. It is commonly used for decision making by managers or executives above the project level. Typically, the business need and the cost-benefit analysis are contained in the business case to justify and establish boundaries for the project, and such analysis is usually completed by a business analyst using various stakeholder inputs. The sponsor should agree to the scope and limitations of the business case. The business case is created as a result of one or more of the following:Market demand (e.g., a car company authorizing a project to build more fuel-efficient cars in response to gasoline shortages),Organizational need (e.g., due to high overhead costs a company may combine staff functions and streamline processes to reduce costs.),Customer request (e.g., an electric utility authorizing a project to build a new substation to serve a new industrial park),Technological advance (e.g., an airline authorizing a new project to develop electronic tickets instead of paper tickets based on technological advances),Legal requirement (e.g., a paint manufacturer authorizing a project to establish guidelines for handling toxic materials),Ecological impacts (e.g., a company authorizing a project to lessen its environmental impact), orSocial need (e.g., a nongovernmental organization in a developing country authorizing a project to provide potable water systems, latrines, and sanitation education to communities suffering from high rates of cholera).Each of the examples in this list may contain elements of risk that should be addressed. In the case of multiphase projects, the business case may be periodically reviewed to ensure that the project is on track to deliver the business benefits. In the early stages of the project life cycle, periodic review of the business case by the sponsoring organization also helps to confirm that the project is still aligned with the business case. The project manager is responsible for ensuring that the project effectively and efficiently meets the goals of the organization and those requirements of a broad set of stakeholders, as defined in the business case.
Which item is a formal proposal to modify any document, deliverable, or baseline?
4.3.3.3 Change RequestsA change request is a formal proposal to modify any document, deliverable, or baseline. An approved change request will replace the associated document, deliverable, or baseline and may result in an update to other partsof the project management plan. When issues are found while project work is being performed, change requests are submitted, which may modify project policies or procedures, project scope, project cost or budget, project schedule, or project quality. Other change requests cover the needed preventive or corrective actions to forestall negative impact later in the project. Requests for a change can be direct or indirect, externally or internally initiated, and can be optional or legally/contractually mandated, and may include:Corrective action—An intentional activity that realigns the performance of the project work with the project management plan;Preventive action—An intentional activity that ensures the future performance of the project work is aligned with the project management plan;Defect repair—An intentional activity to modify a nonconforming product or product component;Updates—Changes to formally controlled project documents, plans, etc., to reflect modified or additional ideas or content.
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