Which characteristic describes the phase relationships in a traditional life cycle

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A, B, D

You are managing a project to move company offices to another site. Which statements are examples of characteristics of the project life cycle?

a) Risk is highest at the start, before you plan the move in detail or begin carrying out the work
b) Making changes to the layout of the new offices will be easy early on but increasingly expensive once work has started
c) Most resources will be needed to plan the move and create an inventory list
d) Most resources will be needed just before and on moving day, to pack, transport, and unpack equipment
e) Uncertainty will be highest on the day of the move

1. Product inception and development
2. Market Introduction
3. Market Growth
4. Market Maturity
5. Sales Decline

What are the five stages of the product life cycle in order?

A, B

Which of the following statements are true about the relationship between the product and the project life cycle?

a) A product life cycle can be completed during a single-phase project
b) Each stage of the product life cycle may contain one or more project life cycles
c) Each stage of the project life cycle may contain one or most product life cycles
d) The product and the project life cycles always run concurrently

1. It includes work specific to it
2. It ends with the transfer of a deliverable
3. It generally follows sequentially from a previous phase, although phases may overlap
4. It has a natural decision point at its end
5. Project management processes may be repeated

In which 5 ways can you identify a phase in a project?

The product passes through phases sequentially until it is reviewed by the customer at the end of the project. Product scope, time, and cost are determined during the planning phase at the beginning of the project and change very little throughout the remainder of the phases.

What are the characteristics of the predictive, or waterfall, life cycle?

Carrying out the work

During which stage of the project life cycle are the project phases not the same as the divisions of the project life cycle?

B, C, D

Which statements correctly describe the relationship between project life cycle stages and the project phases?

a) The project cycle stage of carrying out project work tends to align directly with the production phase
b) The life cycle stage of carrying out project work may have many phases and sub phases, depending on the nature of the project
c) All the phases make up the entire project life cycle
d) The research, design, and closing phases of a project usually align directly to life cycle stages
e) There may be additional phases after the life cycle is complete

Processes are repeated during a project or phase

What is meant by saying the application of project management processes is iterative in nature?

C, D, F

Which statement correctly describes the iterative nature of the Process Groups?

a) Monitoring and Controlling processes iterate until all work is done
b) Planning processes are often repeated, whereas executing processes occur only once
c) Planning and executing processes iterate until work is done
d) Monitoring and Controlling processes are repeated from the start of a project or phase to its end
e) Initiating processes repeat until the end of a project or phase
f) Initiating and closing processes occur only once in a project or phase

A, B, D

Match the components with the concept it can be defined as for the project life cycle.

a) Closing the project
b) Carrying out the work
c) Initiating
d) Organizing and preparing
e) Monitoring and controlling
f) Executing

C, E, F

Match the components with the concept it can be defined as for the process groups.

a) Closing the project
b) Carrying out the work
c) Initiating
d) Organizing and preparing
e) Monitoring and controlling
f) Executing

True

True or false: planning and executing processes are repeated throughout each phase until the work is done.

Project phase

Which relevant project concept (project life cycle, product life cycle, project phase) does this characteristic match to:

A division of project work that create a distinct deliverable

Product life cycle

Which relevant project concept (project life cycle, product life cycle, project phase) does this characteristic match to:

Activities divided into 5 sequential stages, from developmental to retirement from use

Project life cycle

Which relevant project concept (project life cycle, product life cycle, project phase) does this characteristic match to:

4 stages of an entire project

B, C, E

Which statement correctly describe the relationships between the product life cycle, the project life cycle, Process Groups, and project phases?

a) Process groups follow a sequential flow throughout the project life cycle
b) A project phase includes management processes which repeat throughout the project life cycle
c) The project life cycle and its phases can form part of a product life cycle
d) The phases of the project life cycle align with the phases of the product life cycle
e) Project phases make up the life cycle, but do not always align with the life cycle stages

B, C, E

Which statements describe PMI and its role in the project management profession?

a) PMI provides its members with access to external examinations for project management
b) PMI sets standards and provides information for project managers
c) PMI is the leading association for the project management profession
d) The membership of PMI is limited to project managers in the United States
e) PMI provides certification for project managers

C, D

What are the key roles of the PMBOK Guide in the project management profession?

a) To encourage project managers to set their own standards for project management
b) To provide methods of project management other than the methods suggested by PMI
c) To provide a written guide to project management principles as approved by PMI
d) To give guidance for the project management profession by providing recognized good practices

Project scope management

What knowledge area does this description of its purpose match to:

to identify and define all required work

Project integration management

What knowledge area does this description of its purpose match to:

to coordinate the processes and work to be done in a project

Project quality management

What knowledge area does this description of its purpose match to:

to ensure that a project meets the standards set for it

Project cost management

What knowledge area does this description of its purpose match to:

to ensure that a project stays within its budget

Project time management

What knowledge area does this description of its purpose match to:

to ensure that a project is finished according to schedule

Project human resource management

What knowledge area does this description of its purpose match to:

to manage the project team

Project communications management

What knowledge area does this description of its purpose match to:

to control the exchange of information

Project stakeholder management

What knowledge area does this description of its purpose match to:

to identify and engage all individuals involved in or affected by the project

Project risk management

What knowledge area does this description of its purpose match to:

to identify and respond to threats to the project

Project procurement management

What knowledge area does this description of its purpose match to:

to obtain goods and services required for a project

A, B, C, D, F

Which of the following components are knowledge areas?

a) Risk management
b) Integration Management
c) Cost Management
d) Quality Management
e) Plan Risk Management
f) Time Management
g) Develop Project Management Plan

A, B, C, D, G

Which of the following components are knowledge areas?

a) Scope management
b) Communications management
c) Procurement management
d) Stakeholder management
e) Perform Quality Control management
f) Close project or phase management
g) Human resource management

- Risk Management
- Integration Management
- Cost Management
- Quality Management
- Time Management
- Scope Management
- Communications Management
- Procurement Management
- Stakeholder Management
- Human Resource Management

What are the 10 knowledge areas?

Develop project Charter

Fill in the following blank box:
(Initiating Process Group and Project Integration Management)

Develop project management plan

Fill in the following blank box:
(Planning Process Group and Project Integration Management)

Direct and manage project execution

Fill in the following blank box:
(Executing Process Group and Project Integration Management)

Monitor and control project work, perform integrated change control

Fill in the following blank box:
(Monitoring and Controlling Process Group and Project Integration Management)

Close project or phase

Fill in the following blank box:
(Closing Process Group and Project Integration Management)

Collect requirements, define scope, create WBS

Fill in the following blank box:
(Planning Process Group and Project Scope Management)

Verify scope, control scope

Fill in the following blank box:
(Monitoring and Controlling Process Group and Project Scope Management)

Define activities, sequence activities, estimate activity resources, estimate activity durations, develop schedule

Fill in the following blank box:
(Planing Process Group and Project Time Management)

Control schedule

Fill in the following blank box:
(Monitoring and Controlling Process Group and Project Time Management)

Estimate costs, determine budget

Fill in the following blank box:
(Planning Process Group and Project Cost Management)

Control costs

Fill in the following blank box:
(Monitoring and Controlling Process Group and Project Cost Management)

Plan quality

Fill in the following blank box:
(Planning Process Group and Project Quality Management)

Perform quality assurance

Fill in the following blank box:
(Executing Process Group and Project Quality Management)

Perform quality control

Fill in the following blank box:
(Monitoring and Controlling Process Group and Project Quality Management)

Develop human resource plan

Fill in the following blank box:
(Planning Process Group and Project Human Resource Management)

Acquire project team, develop project team, manage project team

Fill in the following blank box:
(Executing Process Group and Project Human Resource Management)

Identify stakeholders

Fill in the following blank box:
(Initiating Process Group and Project Communications Management)

Plan communications

Fill in the following blank box:
(Planning Process Group and Project Communications Management)

Distribute information, manage stakeholder expectations

Fill in the following blank box:
(Executing Process Group and Project Communications Management)

Report performance

Fill in the following blank box:
(Monitoring and Controlling Process Group and Project Communications Management)

Plan risk management, identify risks, perform qualitative risk analysis, perform quantitative risk analysis, plan risk responses

Fill in the following blank box:
(Planning Process Group and Project Risk Management)

Monitor and control risks

Fill in the following blank box:
(Monitoring and Controlling Process Group and Project Risk Management)

Plan procurements

Fill in the following blank box:
(Planning Process Group and Project Procurement Management)

Conduct procurements

Fill in the following blank box:
(Executing Process Group and Project Procurement Management)

Administer procurements

Fill in the following blank box:
(Monitoring and Controlling Process Group and Project Procurement Management)

Close procurements

Fill in the following blank box:
(Closing Process Group and Project Procurement Management)

A, B

A company that produces exercise machines wants to create a new exercise bike for selling to fitness centers. Which statements correctly describe the relationship between the product and project life cycles?

a) The company can choose to develop, market, oversee, and then decommission the exercise bike as a single-phase project
b) The project for developing the exercise bike can form part of the product's life cycle
c) The company cannot run the project to develop the bike as part of the product's life cycle
d) Each stage of the project's life cycle may contain its own product life cycle, until the bike is fully developed

B, C, E

You are managing a project to implement new accounting software for a chain of supermarkets. Which are examples of characteristics of the project life cycle?

a) costs are highest when the project kicks off and a schedule has been created
b) the most staff are needed once work on the building and testing the software starts
c) There's a high risk at the start that the project will fail because the software has not yet been developed or tested
d) There is low risk at the start of the project because work on the software hasn't started
e) making changes is easy at the start, but when the software program has been implemented, changes will be time-consuming and expensive o administer

C, D, E, F, G

Identify characteristics of project phases.

a) They generally overlap
b) They are the same as the stages of project life cycle
c) They repeat project management processes
d) They each end with a transfer of work or outputs
e) They are usually sequential
f) They end at natural decision points, when the viability of the project can be reassessed
g) They each include a discrete type of work

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What are the life cycle phases?

Key Takeaways. A life cycle in business follows a product from creation to maturity and decline. There are five steps in a life cycle—product development, market introduction, growth, maturity, and decline/stability.

What are the basic types of phase

The phase-to-phase relationships can be of two types:.
Sequential Relationship. In a sequential relationship, a new phase starts only when the preceding phase is complete. ... .
Overlapping Relationship. In an overlapping relationship, as the name suggests, the next phase starts before the completion of the previous one..

Which of the following are characteristics of the project life cycle?

The Project Life Cycle consists of four main phases through which the Project Manager and his team try to achieve the objectives that the project itself sets. The four phases that mark the life of the project are: conception / start, planning, execution / implementation and closure.

What are the 4 phases of the project life cycle?

The project management life cycle is usually broken down into four phases: initiation, planning, execution, and closure.