ITM750 final exam review.
Scope - ANSWERWhat work will be done as part of the project? What unique product,
service, or result does the customer or sponsor expect from the project? How will the
scope be verified?
time - ANSWERHow long should it take to complete the project? What is the project's
schedule? How will the team track actual schedule performance? Who can approve
changes to the schedule?
Cost - ANSWERWhat should it cost to complete the project? What is the project's
budget? How will costs be tracked? Who can authorize changes to the budget?
Project scope management - ANSWERmanagement involves defining and managing all
the work required to complete the project successfully.
Project time management - ANSWERincludes estimating how long it will take to
complete the work, developing an acceptable project schedule, and ensuring timely
completion of the project.
Project cost management - ANSWERconsists of preparing and managing the budget for
the project.
Project quality management - ANSWERensures that the project will satisfy the stated or
implied needs for which it was undertaken.
Project human resource management - ANSWERis concerned with making effective
use of the people involved with the project.
Project communications management - ANSWERinvolves generating, collecting,
disseminating, and storing project information.
Project risk management - ANSWERincludes identifying, analyzing, and responding to
risks related to the project.
Project procurement management - ANSWERinvolves acquiring or procuring goods and
services for a project from outside the performing organization.
Project integration management - ANSWERis an overarching function that affects and is
affected by all of the other knowledge areas.
