Interactive: Fundamentals 1

This interactive eLearning module will quiz you on the knowledge contained in the Fundamentals 1 lesson and help identify your weak areas.

You should know and understand the Fundamental concepts of Project Management as presented in Chapter 1 of the PMBOK

Match the Characteristics of a Project

Answer:

Creates a unique product, service or result

Has a definite beginning and end

Does not have a repetitive nature

Can be a long or short term endeavor

May or may not be strategic to the organization

  • Creates a
    Unique product, service or result
  • Has a
    Definite beginning and end
  • Does not have a
    Repetitive nature
  • Can be a
    Long or short term endeavor
  • May or may not be
    Strategic to the organization

Which of the following are Projects?

A Project is any temporary endeavor to achieve a unique product, service, result or outcome. It does not have a repetitive nature.

  1. Writing a book
  2. Improving the waiting time at a hospital emergency room
  3. Military deployment
  4. Building a house
  5. Creating a website
  6. Developing a new product

  • Writing a book
  • Improving the waiting time at a hospital emergency room
  • Managing a retail store
  • Military deployment
  • Repairing defective items
  • Building a house
  • Creating a website
  • Flying an airplane
  • Reviewing a report
  • Developing a new product

Which of the following are project constraints? Select all that apply.

Constraints

  1. Resources
  2. Time
  3. Cost
  4. Scope
  5. Quality
  6. Risk

  • Resources
  • Communications
  • Time
  • Cost
  • Procurement
  • Scope
  • Stakeholders
  • Quality
  • Risk

Match the terms to their definition.

Answer:

Deliverable - A unique product, service or result that is required to be completed by the project

Stakeholder - An individual who can affect your project, be affected by your project, or perceive to affected by your project

Program - A group of related projects managed together to achieve efficiencies

PMO - A management structure that standardizes project management across an organization

Project Manager - Manages the achievement of project objectives

  • Deliverable
    A unique product, service or result that is required to be completed by the project
  • Stakeholder
    An individual who can affect your project, be affected by your project, or perceive to affected by your project
  • Program
    A group of related projects managed together to achieve efficiencies
  • PMO
    A management structure that standardizes project management across an organization
  • Project Manager
    Manages the achievement of project objectives

Match each failed project to the neglected PM characteristic that caused it:

Answer:

The project was delivered early, but didn't have all the features the customer asked for. The VP suggested a new requirements gathering technique, but the PM shot it down because he'd never heard of it - Knowledge

The project was late because the team couldn't meet the company's standard for productivity. They were always behind due to absenteeism and 2-hour lunches. It seemed like the PM didn't really care about the importance of the project - Performance

The project team couldn't work together due to so many conflicts. They were undercutting each other's decisions and in the end didn't create any deliverables at all. - Personal Skills


  • The project was delivered early, but didn't have all the features the customer asked for. The VP suggested a new requirements gathering technique, but the PM shot it down because he'd never heard of it.
    Knowledge
  • The project was late because the team couldn't meet the company's standard for productivity. They were always behind due to absenteeism and 2-hour lunches. It seemed like the PM didn't really care about the importance of the project.
    Performance
  • The project team couldn't work together due to so many conflicts. They were undercutting each other's decisions and in the end didn't create any deliverables at all.
    Personal Skills

Put the Process Groups in the proper order of how they appear on the Project Management Process Framework.

Initiating

Planning

Executing

Monitoring & Controlling

Closing

  • Initiating
  • Planning
  • Executing
  • Monitoring & Controlling
  • Closing

Match each story with whether it represents a project, program or portfolio

Answer:

A consulting company wanted to increase billable time for their consultants. They started several company-wide programs aimed at getting more consultant productivity out of each year - Portfolio

A college wanted each department to have it's own website. They realized all of the sites would feed into the same registration program and decided they needed to manage them together to save time and make things easier for their students - Program

A company needed a better reporting interface, so they decided to build a better software application to capture more accurate date on year end goals - Project

  • A consulting company wanted to increase billable time for their consultants. They started several company-wide programs aimed at getting more consultant productivity out of each year.
    Portfolio
  • A college wanted each department to have it's own website. They realized all of the sites would feed into the same registration program and decided they needed to manage them together to save time and make things easier for their students.
    Program
  • A company needed a better reporting interface, so they decided to build a better software application to capture more accurate date on year end goals.
    Project

Which of the following is not a type of PMO?

Answer:

Value-driven is not a type of PMO

  • Value-driven
  • Supportive
  • Controlling
  • Directive

An energy company is investing to look for alternative energy sources so they can be competitive in the future. The initiatives are managed together because the collective goal is vital to company success. This is an example of:

Answer:

Portfolio

  • Portfolio
  • Program
  • Project
  • Enterprise Environmental Factor

Which of the following is not a PM interpersonal skill?

Answer:

Encouraging is not a PM interpersonal skill

  • Negotiating
  • Team-building
  • Influencing
  • Encouraging

You are managing a kitchen remodeling project. Your earned value calculations show that your current rate will put you $500 over budget. Which of the core characteristics would you use to find the root cause of the problem?

Your KNOWLEDGE of EVM techniques is how you can predict that the project will be over budget.

  • Knowledge
  • Performance
  • Personal
  • Management

A PM is given a schedule with team member planned vacations. He realizes that the software will need to be delivered to the QA team during overlapping vacations, so there is a risk of quality problems. What best describes the constraint here?

This is a resource constraint because the team members (human resources) are not available when needed to prevent the quality problem.

  • Quality
  • Time
  • Resource
  • Risk

Terms to Know

Answer:

Knowledge, Performance & Skill - 3 areas that PMs focus on to get better at their jobs

Program - Collection of projects that should be managed together in order to achieve a specific goal or benefit to the company

Portfolio - A collection of projects or programs

Project - Gathers a team together to do work that's temporary, creates a unique result and is progressively elaborated

Operations - Work that's done in a way that is repeatable and ongoing

Constraint - A limiting factor that affects the execution of a project

Progressive Elaboration - The iterative process of increasing the level of detail in a project management plan as greater amounts of information and more accurate estimates become available

Deliverable - A unique and verifiable product, result, or capability to perform a service that is required to be produced to complete a process, phase, or project





Match the terms or concepts with their description
  • Knowledge, Performance & Skill
    3 areas that PMs focus on to get better at their jobs
  • Program
    Collection of projects that should be managed together in order to achieve a specific goal or benefit to the company
  • Portfolio
    A collection of projects or programs
  • Project
    Gathers a team together to do work that's temporary, creates a unique result and is progressively elaborated
  • Operation
    Work that's done in a way that is repeatable and ongoing
  • Constraint
    A limiting factor that affects the execution of a project
  • Progressive Elaboration
    The iterative process of increasing the level of detail in a project management plan as greater amounts of information and more accurate estimates become available

More Terms to Know

Answer:

PMO - A management structure that standardizes the project-related governance processes and facilitates the sharing of resources, methodologies, tools and techniques

Project Manager - Person assigned by the performing organization to lead the team responsible for achieving project objectives

Project Coordinator - Person assigned by the performing organization to lead the team responsible for achieving project objectives

Project Expeditor - Person assigned by the performing organization to track and report project performance, but does not typically make project decisions

Stakeholder - An individual, group, or organization who may affect, be affected by, or perceive itself to be affected by a decision, activity, or outcome of a project

Deliverable - A unique and verifiable product, result, or capability to perform a service that is required to be produced to complete a process, phase, or project






Match the terms or concepts with their description
  • PMO
    A management structure that standardizes the project-related governance processes and facilitates the sharing of resources, methodologies, tools and techniques
  • Project Manager
    Person assigned by the performing organization to lead the team responsible for achieving project objectives
  • Project Coodinator
    Person assigned by the performing organization to lead the team responsible for achieving project objectives
  • Project Expeditor
    Person assigned by the performing organization to track and report project performance, but does not typically make project decisions
  • Stakeholder
    An individual, group, or organization who may affect, be affected by, or perceive itself to be affected by a decision, activity, or outcome of a project
  • Deliverable
    A unique and verifiable product, result, or capability to perform a service that is required to be produced to complete a process, phase, or project