PROJECT MANAGEMENT PROFESSIONAL STUDY GUIDE PDF DOWNLOAD

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ect and who wants or needs that information.Constraints: any limitations imposed on the project or solution; typically falls into the categories of time, costand resources, scope, and quality.Contingency plan: response plan formulated for identified risks if/when a risk is realized.Cost/benef[r]

tant to repeat the important points of the message. As communication takesplace, it is a good idea to go back a few steps and summarize what has gonebefore. This allows repetition of some of the major points and ensures thatthe receiver is getting all of the important points in the message..........[r]

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Page 24  Sequences and defines detailed project tasks  Monitors status of project against milestones / baselines  Guides project team in daily work activities  Identifies task and external dependencies  Identifies critical path and areas of required escalation  Manages res[r]

mined what the stakeholders are willing to pay, we then need to determinewhether it is profitable enough for us to do the work. To determine this wemust determine cost.In order for us to stay competitive in a world of global competition itis important that we recognize this. In the beginning of a pro[r]

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to a project when needed. Projects always have limited resources, but sometimes there are projects where the cost and amount of resources seem to be unlimited. Projects like the Apollo Project in the 1960s and the Manhattan Project in the 1940s come to mind, but even these proje[r]

logical relationships (i.e., some activities may not be performed).Grade. A category or rank used to distinguish items that have the samefunctional use (e.g., ‘‘hammer’’) but do not share the same require-ments for quality (e.g., different hammers may need to withstand dif-ferent amounts of force).H[r]

• A product or artifact that is produced, is quantifiable, and can be either an end item in itself or a component item • A capability to perform a service, such as business functions supporting production or distribution • A result, such as outcomes or documents. For example, a research project