PMP Certification Questions

I. Inputs

• Enterprise environmental factors


• Organizational process assets


• Project scope statement


• Work breakdown structure


• WBS dictionary


• Project management plan

                 - Risk register

                 - Risk - related contractual agreements

                 - Resource requirements

                 - Project schedule

                 - Activity cost estimates

                 - Cost baseline

II. Tools and Techniques

• Make-or-buy analysis


• Expert judgement


• Contract types

III. Outputs

• Procurement management plan


• contract statement of work


• make-or-buy decisions


• Requested changes       

Plan-do-check-act cycle

I. Inputs

• Enterprise environmental factors


• Organizational process assets


• Roles and responsibilities 


• Project organization charts


• Staffing management plan

II. Tools and Techniques

• Pre-assignment


• Negotiation


• Acquisition


• Virtual teams

III. Outputs

• Project staff assignments


• Resource availability


• Staffing management plan (updates)

A project has a beginning and an end and passes through several phases of development known as life cycle phases. Every project has certain phases of development. A clear understanding of these phases allows managers and executives to maintain control of the project more efficiently.
These phases are varied depending upon the industry involved but all follow the same basic steps.

How Important is Project Life Cycle::

1. This is a tried and tested method for delivering projects on time, within budget and to the expected quality targets.

2. Aids communication and helps define roles within the project organisation as it provides a framework for the project that is visible and understood by all members of the project.

3. The project lifecycle will allow the project manager to link progress directly to each phase and recognise the completion of each phase

4. The phases within the project lifecycle provide an understanding of the evolution of the project, being able to identify areas that need greater attention at different times such as risk management in the early stages and more Project Evaluation Reviews during the Implementation stage.

5. At each stage, approval is generally required from outside the project team before proceeding to the next stage.

6. The project life cycle also allows for the gate procedure to be used.

7. At each stage, approval is generally required from outside the project team before proceeding to the next stage.

I. Inputs

• Enterprise environmental factors


• Organizational process assets


• Activity list


• Activity attributes


• Resource availability


• Project management plan

II. Tools and Techniques

• Expert Judgment


• Alternatives analysis


• Published estimating data


• Project management software


• Bottom-up estimating

III. Outputs

• Activity resource requirements


• Activity atributes (updates)


• Resource breakdown structure


• Resource calendars (updates)


• Requested changes

I. Inputs

• Project staff assignments


• Staffing management plan


• Resource availability

II. Tools and Techniques

• General management skills


• Training


• Team - building activities


• Ground rules


• Co-location


• Recognition and rewards

III. outputs

• Team performance assessment

I. Inputs

• Organizational process assets


• Project scope statement


• Activity list


• Activity attributes


• Project schedule network diagrams


• Activity resource requirements


• Resource calendars


• Activity duration estimates 


• Project management plan

                - RisK register

II. Tools and Techniques

• Schedule network analysis


• Critical path method


• Schedule compression


• What-if scenario analysis


• Resource leveling


• Critical chain method


• Project management software


• Applying calendars


• Adjusting leads and lags 


• Schedule model

III. Outputs

• Project schedule


• Schedule model data


• Schedule baseline


• Resource requirements (updates)


• Activity attributes (updates)


• Project calendar (updates)


• Requested changes


• Project management plan (updates)

                 - Schedule management plan(updates)

A Portfolio is a collection of projects or programs and other work that are grouped together to facilitate effective management of that work to meet strategic business objectives.