3446775
Description
Flashcards by Sharon Ott, updated more than 1 year ago
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Created by Sharon Ott
over 8 years ago
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| Question | Answer |
| Can Executive sponsors influence the outcome of a project? | The PMI states that having executive sponsors who are actively engaged is the leading factor in project success. |
| Describe the four stages of a project life-cycle | INITIATING: from the preliminary idea to the approved Charter PLANNING: from approved Charter through approved Project Plan EXECUTING: from approved Project Plan through accepting major deliverables CLOSING: from accepting major deliverable through final completion. |
| According to this article, what are the three essential success factors? | 1. Customer impact: the extent to which the project's deliverables meet the needs of the project's customers. Meeting customers' needs is almost always the most important success measure. |
| 2. Meeting agreements: Was the project completed on time, on budget, and to specifications? | 3. Future benefits to the company--be they new technology, new products and/or commercial success. |
| What are the project sponsor behaviors that affected the Initiating Stage? | 1. Setting performance goals 2. selecting and mentoring the project manager 3. Establishing priorities (what needs to happen first and how should conflicts be settled?) |
| What are the project sponsor behaviors that affected the Planning Stage? | 1. To ensure that all the necessary planning is accomplished on a timely basis. 2. To develop productive relationships with stakeholders |
| Which project sponsor behaviors are most effective during the executing stage? | They are: 1. Ensuring adequate and effective communication, 2. maintaining relationships with stakeholders and 3. ensuring quality. |
| Which project sponsor behaviors are most effective during the Closing Stage? | 1. Knowledge management (identify and capture lessons learned) 2. Verifying that the organizational capabilities have been improved and promised project benefits achieved. |
| Knowledge management: during the Closing stage sponsors need to ensure that meaningful lessons learned from the project are identified and captured for future use/projects. | Ensure that capabilities and benefits are realized: employees should become more committed and capable and processes more effective and more efficient. |
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